My 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.
My Optic
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€55,328
up €55,328 (+43.6%), from €127,024 to €182,352
mainly Current investments (+€100,000) and Net result for the year (+€83,141)
- Tangible fixed assets -€27,584
down €27,584 (-18.5%), from €148,813 to €121,229
- Stocks and contracts +€11,488
up €11,488 (+22.5%), from €50,947 to €62,435
- Receivables within one year -€5,403
down €5,403 (-7.1%), from €76,184 to €70,782
of which Trade receivables: -€39,675
- Other debts -€75,400
down €75,400 (-83.0%), from €90,799 to €15,399
- Profit (loss) carried forward +€64,848
up €64,848 (+108%), from €60,103 to €124,952
- Debts after one year -€42,415
down €42,415 (-30.6%), from €138,774 to €96,359
- Tax, wage and social debts -€11,427
down €11,427 (-10.9%), from €104,641 to €93,213
of which Taxes: -€8,589
- Staff costs +€25,309
up €25,309 (+24.0%), from €105,628 to €130,938
- Taxes -€6,960
down €6,960 (-21.0%), from €33,082 to €26,122
- Gross operating margin +€3,110
up €3,110 (+1.1%), from €279,040 to €282,150
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 | €504,148 | €438,448 | -€65,699 | -13.0% |
| Fixed assets | 21/28 | €149,992 | €121,229 | -€28,763 | -19.2% |
| Intangible fixed assets | 21 | €1,179 | - | -€1,179 | |
| Tangible fixed assets | 22/27 | €148,813 | €121,229 | -€27,584 | -18.5% |
| Land and buildings | 22 | €87,871 | €76,793 | -€11,078 | -12.6% |
| Plant, machinery and equipment | 23 | €26,185 | €17,617 | -€8,568 | -32.7% |
| Furniture and vehicles | 24 | €1,242 | €577 | -€665 | -53.5% |
| Leasing and similar rights | 25 | €33,514 | €26,242 | -€7,273 | -21.7% |
| Current assets | 29/58 | €354,155 | €317,219 | -€36,936 | -10.4% |
| Stocks and contracts in progress | 3 | €50,947 | €62,435 | +€11,488 | +22.5% |
| Stocks | 30/36 | €50,947 | €62,435 | +€11,488 | +22.5% |
| Amounts receivable within one year | 40/41 | €76,184 | €70,782 | -€5,403 | -7.1% |
| Trade receivables | 40 | €76,184 | €36,509 | -€39,675 | -52.1% |
| Other amounts receivable | 41 | - | €34,272 | +€34,272 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €127,024 | €182,352 | +€55,328 | +43.6% |
| Deferred charges and accrued income | 490/1 | - | €1,650 | +€1,650 | |
| Total equity and liabilities | 10/49 | €504,148 | €438,448 | -€65,699 | -13.0% |
| Equity | 10/15 | €63,103 | €127,952 | +€64,848 | +103% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,103 | €124,952 | +€64,848 | +108% |
| Amounts payable | 17/49 | €441,044 | €310,496 | -€130,548 | -29.6% |
| Amounts payable after more than one year | 17 | €138,774 | €96,359 | -€42,415 | -30.6% |
| Financial debts | 170/4 | €138,774 | €96,359 | -€42,415 | -30.6% |
| Amounts payable within one year | 42/48 | €302,270 | €214,138 | -€88,132 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €41,454 | €42,415 | +€962 | +2.3% |
| Trade debts | 44 | €65,376 | €63,110 | -€2,267 | -3.5% |
| Suppliers | 440/4 | €65,376 | €63,110 | -€2,267 | -3.5% |
| Taxes, remuneration and social security | 45 | €104,641 | €93,213 | -€11,427 | -10.9% |
| Taxes | 450/3 | €82,567 | €73,978 | -€8,589 | -10.4% |
| Remuneration and social security | 454/9 | €22,073 | €19,235 | -€2,839 | -12.9% |
| Other amounts payable | 47/48 | €90,799 | €15,399 | -€75,400 | -83.0% |
| Remuneration, social security and pensions | 62 | €105,628 | €130,938 | +€25,309 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,994 | €33,263 | +€1,269 | +4.0% |
| Other operating charges | 640/8 | €1,865 | €3,691 | +€1,825 | +97.9% |
| Gross operating margin | 9900 | €279,040 | €282,150 | +€3,110 | +1.1% |
| Operating profit (loss) | 9901 | €139,552 | €114,259 | -€25,293 | -18.1% |
| Financial income | 75/76B | €240 | €2,109 | +€1,869 | +779% |
| Recurring financial income | 75 | €240 | €2,109 | +€1,869 | +779% |
| Financial charges | 65/66B | €5,773 | €7,105 | +€1,332 | +23.1% |
| Recurring financial charges | 65 | €5,773 | €7,105 | +€1,332 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €134,019 | €109,263 | -€24,756 | -18.5% |
| Income taxes | 67/77 | €33,082 | €26,122 | -€6,960 | -21.0% |
| Profit (loss) for the period | 9904 | €100,937 | €83,141 | -€17,796 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €100,937 | €83,141 | -€17,796 | -17.6% |
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 25 October 2026 via checked.be.