OPTRION: what changed
Two financial 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.
OPTRION
Largest movements
- Receivables within one year +€108,506
up €108,506 (+21.3%), from €510,612 to €619,118
of which Trade receivables: +€177,955
- Cash -€94,640
down €94,640 (-56.3%), from €168,139 to €73,499
mainly Receivables within one year (-€108,506) and Accrued charges and deferred income (-€61,964)
- Tangible fixed assets -€8,893
down €8,893 (-34.0%), from €26,193 to €17,300
of which Furniture and vehicles: -€6,489
- Accrued charges and deferred income -€61,964
down €61,964 (-15.8%), from €392,873 to €330,909
- Trade debts +€55,998
up €55,998 (+114%), from €49,017 to €105,015
- Other operating charges +€25,124
up €25,124 (+636%), from €3,953 to €29,077
- Gross operating margin -€12,218
down €12,218 (-4.1%), from €296,534 to €284,316
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.
Derived cash bridge
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 | €883,942 | €884,745 | +€803 | +0.1% |
| Fixed assets | 21/28 | €177,636 | €163,440 | -€14,196 | -8.0% |
| Intangible fixed assets | 21 | €11,443 | €5,990 | -€5,453 | -47.7% |
| Tangible fixed assets | 22/27 | €26,193 | €17,300 | -€8,893 | -34.0% |
| Plant, machinery and equipment | 23 | €6,211 | €3,807 | -€2,404 | -38.7% |
| Furniture and vehicles | 24 | €19,982 | €13,493 | -€6,489 | -32.5% |
| Financial fixed assets | 28 | €140,000 | €140,150 | +€150 | +0.1% |
| Current assets | 29/58 | €706,306 | €721,305 | +€14,999 | +2.1% |
| Stocks and contracts in progress | 3 | €24,851 | €22,981 | -€1,870 | -7.5% |
| Stocks | 30/36 | €24,851 | €22,981 | -€1,870 | -7.5% |
| Amounts receivable within one year | 40/41 | €510,612 | €619,118 | +€108,506 | +21.3% |
| Trade receivables | 40 | €203,806 | €381,761 | +€177,955 | +87.3% |
| Other amounts receivable | 41 | €306,806 | €237,357 | -€69,449 | -22.6% |
| Cash at bank and in hand | 54/58 | €168,139 | €73,499 | -€94,640 | -56.3% |
| Deferred charges and accrued income | 490/1 | €2,704 | €5,707 | +€3,003 | +111% |
| Total equity and liabilities | 10/49 | €883,942 | €884,745 | +€803 | +0.1% |
| Equity | 10/15 | €393,118 | €400,352 | +€7,234 | +1.8% |
| Contributions | 10/11 | €161,250 | €161,250 | = | 0.0% |
| Capital | 10 | €161,250 | €161,250 | = | 0.0% |
| Issued capital | 100 | €161,250 | €161,250 | = | 0.0% |
| Reserves | 13 | €16,125 | €16,125 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,125 | €16,125 | = | 0.0% |
| Legal reserve | 130 | €16,125 | €16,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | €215,743 | €222,977 | +€7,234 | +3.4% |
| Amounts payable | 17/49 | €490,824 | €484,393 | -€6,431 | -1.3% |
| Amounts payable within one year | 42/48 | €97,951 | €153,484 | +€55,533 | +56.7% |
| Trade debts | 44 | €49,017 | €105,015 | +€55,998 | +114% |
| Suppliers | 440/4 | €49,017 | €105,015 | +€55,998 | +114% |
| Taxes, remuneration and social security | 45 | €48,906 | €43,441 | -€5,465 | -11.2% |
| Taxes | 450/3 | €15,208 | €17,790 | +€2,582 | +17.0% |
| Remuneration and social security | 454/9 | €33,698 | €25,651 | -€8,047 | -23.9% |
| Other amounts payable | 47/48 | €28 | €5,028 | +€5,000 | +17,857% |
| Accrued charges and deferred income | 492/3 | €392,873 | €330,909 | -€61,964 | -15.8% |
| Remuneration, social security and pensions | 62 | €222,075 | €222,690 | +€615 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,088 | €17,132 | +€44 | +0.3% |
| Other operating charges | 640/8 | €3,953 | €29,077 | +€25,124 | +636% |
| Gross operating margin | 9900 | €296,534 | €284,316 | -€12,218 | -4.1% |
| Operating profit (loss) | 9901 | €53,418 | €15,417 | -€38,001 | -71.1% |
| Financial income | 75/76B | €6 | €13 | +€7 | +117% |
| Recurring financial income | 75 | €6 | €13 | +€7 | +117% |
| Financial charges | 65/66B | €79 | €2,942 | +€2,863 | +3,624% |
| Recurring financial charges | 65 | €79 | €2,942 | +€2,863 | +3,624% |
| Profit (loss) for the period before taxes | 9903 | €53,345 | €12,488 | -€40,857 | -76.6% |
| Income taxes | 67/77 | €267 | €254 | -€13 | -4.9% |
| Profit (loss) for the period | 9904 | €53,078 | €12,234 | -€40,844 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,078 | €12,234 | -€40,844 | -77.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.