OptWize: 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.
OptWize
Largest movements
- Tangible fixed assets -€32,704
down €32,704 (-4.1%), from €805,095 to €772,391
of which Land and buildings: -€35,595
- Receivables within one year -€27,008
down €27,008 (-37.6%), from €71,847 to €44,840
of which Other amounts receivable: -€16,956
- Cash -€18,000
down €18,000 (-25.0%), from €72,007 to €54,008
mainly Debts after one year (-€49,521) and Tax, wage and social debts (-€13,710)
- Debts after one year -€49,521
down €49,521 (-7.3%), from €676,632 to €627,111
of which Financial debts: -€49,521
- Reserves +€35,388
up €35,388 (+29.9%), from €118,341 to €153,729
- Tax, wage and social debts -€13,710
down €13,710 (-30.0%), from €45,736 to €32,026
- Accrued charges and deferred income -€13,350
down €13,350 (-91.7%), from €14,559 to €1,209
- Profit (loss) carried forward -€12,199
no longer reported in 2024 (was €12,199)
- Gross operating margin +€18,733
up €18,733 (+25.8%), from €72,621 to €91,353
- Taxes +€5,935
up €5,935 (+71.8%), from €8,267 to €14,202
- Depreciation +€2,133
up €2,133 (+5.7%), from €37,192 to €39,325
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €954,882 | €887,420 | -€67,462 | -7.1% |
| Formation expenses | 20 | €433 | €122 | -€311 | -71.8% |
| Fixed assets | 21/28 | €805,095 | €777,670 | -€27,426 | -3.4% |
| Intangible fixed assets | 21 | - | €5,278 | +€5,278 | |
| Tangible fixed assets | 22/27 | €805,095 | €772,391 | -€32,704 | -4.1% |
| Land and buildings | 22 | €802,569 | €766,974 | -€35,595 | -4.4% |
| Plant, machinery and equipment | 23 | €1,193 | €667 | -€526 | -44.1% |
| Furniture and vehicles | 24 | €1,333 | €4,751 | +€3,418 | +256.4% |
| Current assets | 29/58 | €149,354 | €109,629 | -€39,725 | -26.6% |
| Amounts receivable within one year | 40/41 | €71,847 | €44,840 | -€27,008 | -37.6% |
| Trade receivables | 40 | €30,873 | €20,821 | -€10,051 | -32.6% |
| Other amounts receivable | 41 | €40,975 | €24,019 | -€16,956 | -41.4% |
| Cash at bank and in hand | 54/58 | €72,007 | €54,008 | -€18,000 | -25.0% |
| Deferred charges and accrued income | 490/1 | €5,499 | €10,781 | +€5,282 | +96.0% |
| Total equity and liabilities | 10/49 | €954,882 | €887,420 | -€67,462 | -7.1% |
| Equity | 10/15 | €135,539 | €158,729 | +€23,190 | +17.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €118,341 | €153,729 | +€35,388 | +29.9% |
| Distributable reserves | 133 | €118,341 | €153,729 | +€35,388 | +29.9% |
| Profit (loss) carried forward | 14 | €12,199 | - | -€12,199 | |
| Amounts payable | 17/49 | €819,343 | €728,691 | -€90,652 | -11.1% |
| Amounts payable after more than one year | 17 | €676,632 | €627,111 | -€49,521 | -7.3% |
| Financial debts | 170/4 | €674,632 | €625,111 | -€49,521 | -7.3% |
| Other amounts payable | 178/9 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €128,152 | €100,372 | -€27,781 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €57,798 | €54,051 | -€3,747 | -6.5% |
| Financial debts | 43 | €8,946 | €4,793 | -€4,154 | -46.4% |
| Credit institutions | 430/8 | €8,946 | €4,793 | -€4,154 | -46.4% |
| Trade debts | 44 | €13,005 | €7,135 | -€5,870 | -45.1% |
| Suppliers | 440/4 | €13,005 | €7,135 | -€5,870 | -45.1% |
| Taxes, remuneration and social security | 45 | €45,736 | €32,026 | -€13,710 | -30.0% |
| Taxes | 450/3 | €45,736 | €32,026 | -€13,710 | -30.0% |
| Other amounts payable | 47/48 | €2,667 | €2,367 | -€300 | -11.2% |
| Accrued charges and deferred income | 492/3 | €14,559 | €1,209 | -€13,350 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,192 | €39,325 | +€2,133 | +5.7% |
| Other operating charges | 640/8 | €6,029 | €6,360 | +€332 | +5.5% |
| Gross operating margin | 9900 | €72,621 | €91,353 | +€18,733 | +25.8% |
| Operating profit (loss) | 9901 | €29,400 | €45,668 | +€16,268 | +55.3% |
| Financial income | 75/76B | €748 | €1,328 | +€580 | +77.5% |
| Recurring financial income | 75 | €748 | €1,328 | +€580 | +77.5% |
| Financial charges | 65/66B | €9,644 | €9,604 | -€39 | -0.4% |
| Recurring financial charges | 65 | €9,644 | €9,604 | -€39 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €20,505 | €37,391 | +€16,887 | +82.4% |
| Income taxes | 67/77 | €8,267 | €14,202 | +€5,935 | +71.8% |
| Profit (loss) for the period | 9904 | €12,238 | €23,190 | +€10,952 | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,238 | €23,190 | +€10,952 | +89.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.