B.G. OPHTALMO: 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.
B.G. OPHTALMO
Largest movements
- Current investments +€860,000
up €860,000 (+489%), from €176,000 to €1.0m
- Cash -€717,923
down €717,923 (-70.1%), from €1.0m to €306,624
mainly Current investments (-€860,000) and Contributions, distributions and other (-€164,000)
- Deferred charges and accrued income +€66,723
up €66,723 (+58.4%), from €114,186 to €180,908
- Reserves +€221,150
up €221,150 (+12.8%), from €1.7m to €1.9m
of which Distributable reserves: +€284,300
- Tax, wage and social debts +€22,521
up €22,521 (+82.4%), from €27,324 to €49,845
of which Taxes: +€22,978
- Gross operating margin +€38,449
up €38,449 (+6.1%), from €635,441 to €673,890
- Taxes +€21,621
up €21,621 (+13.5%), from €160,415 to €182,036
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 | €1,912,261 | €2,141,536 | +€229,274 | +12.0% |
| Fixed assets | 21/28 | €222,735 | €229,222 | +€6,487 | +2.9% |
| Tangible fixed assets | 22/27 | €204,971 | €211,458 | +€6,487 | +3.2% |
| Land and buildings | 22 | €101,520 | €86,600 | -€14,920 | -14.7% |
| Furniture and vehicles | 24 | €103,451 | €124,858 | +€21,407 | +20.7% |
| Financial fixed assets | 28 | €17,764 | €17,764 | = | 0.0% |
| Current assets | 29/58 | €1,689,526 | €1,912,314 | +€222,788 | +13.2% |
| Amounts receivable within one year | 40/41 | €374,794 | €388,782 | +€13,988 | +3.7% |
| Trade receivables | 40 | €7,755 | €4,753 | -€3,002 | -38.7% |
| Other amounts receivable | 41 | €367,039 | €384,029 | +€16,990 | +4.6% |
| Current investments | 50/53 | €176,000 | €1,036,000 | +€860,000 | +489% |
| Cash at bank and in hand | 54/58 | €1,024,547 | €306,624 | -€717,923 | -70.1% |
| Deferred charges and accrued income | 490/1 | €114,186 | €180,908 | +€66,723 | +58.4% |
| Total equity and liabilities | 10/49 | €1,912,261 | €2,141,536 | +€229,274 | +12.0% |
| Equity | 10/15 | €1,758,556 | €1,979,804 | +€221,248 | +12.6% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €1,721,881 | €1,943,031 | +€221,150 | +12.8% |
| Tax-exempt reserves | 132 | €70,221 | €7,071 | -€63,150 | -89.9% |
| Distributable reserves | 133 | €1,651,660 | €1,935,960 | +€284,300 | +17.2% |
| Profit (loss) carried forward | 14 | €24,267 | €24,365 | +€98 | +0.4% |
| Amounts payable | 17/49 | €153,705 | €161,732 | +€8,027 | +5.2% |
| Amounts payable within one year | 42/48 | €153,699 | €161,726 | +€8,028 | +5.2% |
| Trade debts | 44 | €111,208 | €101,298 | -€9,910 | -8.9% |
| Suppliers | 440/4 | €111,208 | €101,298 | -€9,910 | -8.9% |
| Taxes, remuneration and social security | 45 | €27,324 | €49,845 | +€22,521 | +82.4% |
| Taxes | 450/3 | €15,124 | €38,102 | +€22,978 | +152% |
| Remuneration and social security | 454/9 | €12,200 | €11,744 | -€457 | -3.7% |
| Other amounts payable | 47/48 | €15,166 | €10,583 | -€4,583 | -30.2% |
| Accrued charges and deferred income | 492/3 | €6 | €5 | -€1 | -16.3% |
| Remuneration, social security and pensions | 62 | €81,497 | €75,214 | -€6,283 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,551 | €58,821 | -€4,731 | -7.4% |
| Other operating charges | 640/8 | €6,873 | €2,887 | -€3,986 | -58.0% |
| Gross operating margin | 9900 | €635,441 | €673,890 | +€38,449 | +6.1% |
| Operating profit (loss) | 9901 | €483,520 | €536,968 | +€53,448 | +11.1% |
| Financial income | 75/76B | €34,895 | €31,135 | -€3,760 | -10.8% |
| Recurring financial income | 75 | €34,895 | €31,135 | -€3,760 | -10.8% |
| Financial charges | 65/66B | €600 | €820 | +€221 | +36.8% |
| Recurring financial charges | 65 | €600 | €820 | +€221 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €517,816 | €567,284 | +€49,468 | +9.6% |
| Income taxes | 67/77 | €160,415 | €182,036 | +€21,621 | +13.5% |
| Profit (loss) for the period | 9904 | €357,401 | €385,248 | +€27,847 | +7.8% |
| Transfer from tax-exempt reserves | 789 | - | €63,150 | +€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €357,401 | €448,398 | +€90,997 | +25.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.