WM Optic: 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.
WM Optic
Largest movements
- Tangible fixed assets -€6,750
down €6,750 (-24.6%), from €27,491 to €20,741
of which Plant, machinery and equipment: -€4,750
- Stocks and contracts -€3,637
down €3,637 (-18.5%), from €19,620 to €15,983
- Cash -€2,772
down €2,772 (-68.8%), from €4,032 to €1,260
mainly Trade debts (-€10,575) and Debts after one year (-€5,146)
- Receivables within one year -€1,084
down €1,084 (-29.2%), from €3,707 to €2,623
of which Other amounts receivable: -€1,707
- Trade debts -€10,575
down €10,575 (-63.3%), from €16,717 to €6,142
- Debts after one year -€5,146
down €5,146 (-70.4%), from €7,312 to €2,166
- Profit (loss) carried forward +€3,779
up €3,779 (+7.9%), from -€47,920 to -€44,141
- Tax, wage and social debts -€1,442
down €1,442 (-57.0%), from €2,529 to €1,087
- Other debts -€930
down €930 (-1.5%), from €62,500 to €61,570
- Staff costs -€20,146
no longer reported in 2025 (was €20,146)
- Other operating charges -€2,766
down €2,766 (-79.0%), from €3,500 to €734
- Gross operating margin -€189
down €189 (-1.6%), from €11,605 to €11,416
- Financial income +€122
up €122 (+93.1%), from €131 to €253
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 | €56,213 | €41,970 | -€14,243 | -25.3% |
| Fixed assets | 21/28 | €27,854 | €21,104 | -€6,750 | -24.2% |
| Tangible fixed assets | 22/27 | €27,491 | €20,741 | -€6,750 | -24.6% |
| Plant, machinery and equipment | 23 | €24,773 | €20,023 | -€4,750 | -19.2% |
| Furniture and vehicles | 24 | €2,718 | €718 | -€2,000 | -73.6% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €28,359 | €20,866 | -€7,493 | -26.4% |
| Stocks and contracts in progress | 3 | €19,620 | €15,983 | -€3,637 | -18.5% |
| Stocks | 30/36 | €19,620 | €15,983 | -€3,637 | -18.5% |
| Amounts receivable within one year | 40/41 | €3,707 | €2,623 | -€1,084 | -29.2% |
| Trade receivables | 40 | €2,000 | €2,623 | +€623 | +31.2% |
| Other amounts receivable | 41 | €1,707 | - | -€1,707 | |
| Cash at bank and in hand | 54/58 | €4,032 | €1,260 | -€2,772 | -68.8% |
| Deferred charges and accrued income | 490/1 | €1,000 | €1,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €56,213 | €41,970 | -€14,243 | -25.3% |
| Equity | 10/15 | -€37,920 | -€34,141 | +€3,779 | +10.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,920 | -€44,141 | +€3,779 | +7.9% |
| Amounts payable | 17/49 | €94,133 | €76,111 | -€18,022 | -19.1% |
| Amounts payable after more than one year | 17 | €7,312 | €2,166 | -€5,146 | -70.4% |
| Financial debts | 170/4 | €7,312 | €2,166 | -€5,146 | -70.4% |
| Amounts payable within one year | 42/48 | €86,821 | €73,945 | -€12,876 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €5,075 | €5,146 | +€71 | +1.4% |
| Trade debts | 44 | €16,717 | €6,142 | -€10,575 | -63.3% |
| Suppliers | 440/4 | €16,717 | €6,142 | -€10,575 | -63.3% |
| Taxes, remuneration and social security | 45 | €2,529 | €1,087 | -€1,442 | -57.0% |
| Taxes | 450/3 | €2,529 | €1,087 | -€1,442 | -57.0% |
| Other amounts payable | 47/48 | €62,500 | €61,570 | -€930 | -1.5% |
| Remuneration, social security and pensions | 62 | €20,146 | - | -€20,146 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,834 | €6,750 | -€84 | -1.2% |
| Other operating charges | 640/8 | €3,500 | €734 | -€2,766 | -79.0% |
| Gross operating margin | 9900 | €11,605 | €11,416 | -€189 | -1.6% |
| Operating profit (loss) | 9901 | -€18,875 | €3,932 | +€22,807 | |
| Financial income | 75/76B | €131 | €253 | +€122 | +93.1% |
| Recurring financial income | 75 | €131 | €253 | +€122 | +93.1% |
| Financial charges | 65/66B | €318 | €406 | +€88 | +27.7% |
| Recurring financial charges | 65 | €318 | €406 | +€88 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,062 | €3,779 | +€22,841 | |
| Profit (loss) for the period | 9904 | -€19,062 | €3,779 | +€22,841 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,062 | €3,779 | +€22,841 |
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 10 October 2026 via checked.be.