T OPTIMISTJE: 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.
T OPTIMISTJE
Largest movements
- Tangible fixed assets -€42,409
down €42,409 (-15.1%), from €281,612 to €239,204
- Current investments -€27,301
down €27,301 (-40.8%), from €66,985 to €39,684
- Cash -€22,375
down €22,375 (-54.1%), from €41,378 to €19,003
mainly Net result for the year (-€74,353) and Contributions, distributions and other (-€17,387)
- Profit (loss) carried forward -€74,353
down €74,353 (-34.4%), from €216,236 to €141,883
- Investment grants -€17,387
down €17,387 (-15.8%), from €110,119 to €92,732
- Gross operating margin -€102,293
down €102,293, from €70,089 to -€32,203
- Purchases and services +€99,690
up €99,690 (+1,887%), from €5,282 to €104,973
- Turnover +€1,941
up €1,941 (+3.6%), from €53,441 to €55,382
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 | €390,137 | €297,940 | -€92,197 | -23.6% |
| Fixed assets | 21/28 | €281,612 | €239,204 | -€42,409 | -15.1% |
| Tangible fixed assets | 22/27 | €281,612 | €239,204 | -€42,409 | -15.1% |
| Land and buildings | 22 | €281,612 | €239,204 | -€42,409 | -15.1% |
| Current assets | 29/58 | €108,525 | €58,736 | -€49,788 | -45.9% |
| Amounts receivable within one year | 40/41 | €161 | €50 | -€112 | -69.3% |
| Other amounts receivable | 41 | €161 | €50 | -€112 | -69.3% |
| Current investments | 50/53 | €66,985 | €39,684 | -€27,301 | -40.8% |
| Cash at bank and in hand | 54/58 | €41,378 | €19,003 | -€22,375 | -54.1% |
| Total equity and liabilities | 10/49 | €390,137 | €297,940 | -€92,197 | -23.6% |
| Equity | 10/15 | €383,351 | €291,610 | -€91,740 | -23.9% |
| Contributions | 10/11 | €56,995 | €56,995 | = | 0.0% |
| Capital | 10 | €56,995 | €56,995 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,236 | €141,883 | -€74,353 | -34.4% |
| Investment grants | 15 | €110,119 | €92,732 | -€17,387 | -15.8% |
| Amounts payable | 17/49 | €6,786 | €6,330 | -€457 | -6.7% |
| Amounts payable within one year | 42/48 | €2,171 | €1,714 | -€457 | -21.0% |
| Trade debts | 44 | €2,171 | €1,714 | -€457 | -21.0% |
| Suppliers | 440/4 | €2,171 | €1,714 | -€457 | -21.0% |
| Accrued charges and deferred income | 492/3 | €4,615 | €4,615 | = | 0.0% |
| Turnover | 70 | €53,441 | €55,382 | +€1,941 | +3.6% |
| Membership fees, donations, legacies and grants | 73 | €17,387 | €17,387 | = | 0.0% |
| Non-recurring operating income | 76A | €4,544 | €0 | -€4,544 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,282 | €104,973 | +€99,690 | +1,887% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,409 | €42,409 | = | 0.0% |
| Other operating charges | 640/8 | €377 | €374 | -€3 | -0.8% |
| Gross operating margin | 9900 | €70,089 | -€32,203 | -€102,293 | |
| Operating profit (loss) | 9901 | €27,304 | -€74,986 | -€102,290 | |
| Financial income | 75/76B | €849 | €838 | -€10 | -1.2% |
| Recurring financial income | 75 | €849 | €838 | -€10 | -1.2% |
| Financial charges | 65/66B | €206 | €206 | = | 0.0% |
| Recurring financial charges | 65 | €206 | €206 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €27,947 | -€74,353 | -€102,300 | |
| Profit (loss) for the period | 9904 | €27,947 | -€74,353 | -€102,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,947 | -€74,353 | -€102,300 |
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 18 October 2026 via checked.be.