OPTOMATTERS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
OPTOMATTERS
Largest movements
- Cash +€71,504
up €71,504 (+57.8%), from €123,678 to €195,182
mainly Trade debts (+€50,821) and Net result for the year (+€14,989)
- Tangible fixed assets -€8,406
down €8,406 (-32.2%), from €26,073 to €17,667
of which Furniture and vehicles: -€7,752
- Receivables within one year +€4,149
up €4,149 (+26.4%), from €15,721 to €19,870
of which Other amounts receivable: +€8,042
- Trade debts +€50,821
up €50,821 (+658.6%), from €7,717 to €58,538
- Reserves +€14,989
up €14,989 (+7.7%), from €194,688 to €209,677
- Gross operating margin +€3,844
up €3,844 (+13.8%), from €27,867 to €31,711
- Financial charges -€1,514
down €1,514 (-51.8%), from €2,924 to €1,410
- Taxes +€1,395
up €1,395 (+30.6%), from €4,554 to €5,949
- Financial income +€1,122
up €1,122 (+70.2%), from €1,598 to €2,720
- Depreciation +€999
up €999 (+9.8%), from €10,176 to €11,174
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,089 | €283,517 | +€64,428 | +29.4% |
| Fixed assets | 21/28 | €26,809 | €17,667 | -€9,142 | -34.1% |
| Intangible fixed assets | 21 | €736 | - | -€736 | |
| Tangible fixed assets | 22/27 | €26,073 | €17,667 | -€8,406 | -32.2% |
| Plant, machinery and equipment | 23 | €149 | - | -€149 | |
| Furniture and vehicles | 24 | €21,222 | €13,470 | -€7,752 | -36.5% |
| Other tangible fixed assets | 26 | €4,702 | €4,197 | -€505 | -10.7% |
| Current assets | 29/58 | €192,280 | €265,850 | +€73,570 | +38.3% |
| Amounts receivable after more than one year | 29 | €21,439 | €19,158 | -€2,282 | -10.6% |
| Other amounts receivable | 291 | €21,439 | €19,158 | -€2,282 | -10.6% |
| Stocks and contracts in progress | 3 | €31,075 | €30,988 | -€87 | -0.3% |
| Stocks | 30/36 | €31,075 | €30,988 | -€87 | -0.3% |
| Amounts receivable within one year | 40/41 | €15,721 | €19,870 | +€4,149 | +26.4% |
| Trade receivables | 40 | €5,987 | €2,094 | -€3,893 | -65.0% |
| Other amounts receivable | 41 | €9,735 | €17,777 | +€8,042 | +82.6% |
| Cash at bank and in hand | 54/58 | €123,678 | €195,182 | +€71,504 | +57.8% |
| Deferred charges and accrued income | 490/1 | €367 | €652 | +€285 | +77.8% |
| Total equity and liabilities | 10/49 | €219,089 | €283,517 | +€64,428 | +29.4% |
| Equity | 10/15 | €205,843 | €220,832 | +€14,989 | +7.3% |
| Contributions | 10/11 | €11,155 | €11,155 | = | 0.0% |
| Reserves | 13 | €194,688 | €209,677 | +€14,989 | +7.7% |
| Distributable reserves | 133 | €194,688 | €209,677 | +€14,989 | +7.7% |
| Amounts payable | 17/49 | €13,246 | €62,685 | +€49,439 | +373.2% |
| Amounts payable after more than one year | 17 | €210 | €204 | -€6 | -3.1% |
| Other amounts payable | 178/9 | €210 | €204 | -€6 | -3.1% |
| Amounts payable within one year | 42/48 | €13,036 | €62,481 | +€49,445 | +379.3% |
| Trade debts | 44 | €7,717 | €58,538 | +€50,821 | +658.6% |
| Suppliers | 440/4 | €7,717 | €58,538 | +€50,821 | +658.6% |
| Advances received on contracts in progress | 46 | €2,268 | €2,493 | +€225 | +9.9% |
| Taxes, remuneration and social security | 45 | €3,051 | €1,450 | -€1,601 | -52.5% |
| Taxes | 450/3 | €3,051 | €1,450 | -€1,601 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,176 | €11,174 | +€999 | +9.8% |
| Other operating charges | 640/8 | €1,180 | €908 | -€272 | -23.0% |
| Gross operating margin | 9900 | €27,867 | €31,711 | +€3,844 | +13.8% |
| Operating profit (loss) | 9901 | €16,511 | €19,628 | +€3,117 | +18.9% |
| Financial income | 75/76B | €1,598 | €2,720 | +€1,122 | +70.2% |
| Recurring financial income | 75 | €1,598 | €2,720 | +€1,122 | +70.2% |
| Financial charges | 65/66B | €2,924 | €1,410 | -€1,514 | -51.8% |
| Recurring financial charges | 65 | €2,924 | €1,410 | -€1,514 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €15,185 | €20,939 | +€5,753 | +37.9% |
| Income taxes | 67/77 | €4,554 | €5,949 | +€1,395 | +30.6% |
| Profit (loss) for the period | 9904 | €10,631 | €14,989 | +€4,358 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,631 | €14,989 | +€4,358 | +41.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.