"D'AWANS OPTIQUE": 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.
"D'AWANS OPTIQUE"
Largest movements
- Current investments +€50,164
up €50,164 (+122%), from €41,068 to €91,232
- Cash +€33,490
up €33,490 (+174%), from €19,275 to €52,765
mainly Net result for the year (+€90,915) and Other debts (+€75,088)
- Receivables within one year -€25,594
down €25,594 (-74.7%), from €34,272 to €8,678
of which Trade receivables: -€19,401
- Tangible fixed assets -€8,823
down €8,823 (-34.3%), from €25,724 to €16,901
of which Plant, machinery and equipment: -€7,682
- Other debts +€75,088
up €75,088 (+101%), from €74,702 to €149,791
- Trade debts -€21,601
down €21,601 (-62.8%), from €34,392 to €12,791
- Profit (loss) carried forward -€4,085
down €4,085 (-65.0%), from €6,285 to €2,201
- Gross operating margin +€8,639
up €8,639 (+7.0%), from €123,864 to €132,503
- Taxes +€2,696
up €2,696 (+9.4%), from €28,716 to €31,412
- Financial charges -€1,529
down €1,529 (-45.6%), from €3,353 to €1,824
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 | €184,615 | €235,498 | +€50,883 | +27.6% |
| Fixed assets | 21/28 | €26,343 | €17,520 | -€8,823 | -33.5% |
| Tangible fixed assets | 22/27 | €25,724 | €16,901 | -€8,823 | -34.3% |
| Plant, machinery and equipment | 23 | €19,388 | €11,706 | -€7,682 | -39.6% |
| Furniture and vehicles | 24 | €2,007 | €1,304 | -€703 | -35.0% |
| Other tangible fixed assets | 26 | €4,329 | €3,891 | -€438 | -10.1% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €158,272 | €217,978 | +€59,706 | +37.7% |
| Stocks and contracts in progress | 3 | €63,365 | €64,889 | +€1,524 | +2.4% |
| Stocks | 30/36 | €63,365 | €64,889 | +€1,524 | +2.4% |
| Amounts receivable within one year | 40/41 | €34,272 | €8,678 | -€25,594 | -74.7% |
| Trade receivables | 40 | €26,988 | €7,586 | -€19,401 | -71.9% |
| Other amounts receivable | 41 | €7,284 | €1,091 | -€6,193 | -85.0% |
| Current investments | 50/53 | €41,068 | €91,232 | +€50,164 | +122% |
| Cash at bank and in hand | 54/58 | €19,275 | €52,765 | +€33,490 | +174% |
| Deferred charges and accrued income | 490/1 | €292 | €413 | +€121 | +41.6% |
| Total equity and liabilities | 10/49 | €184,615 | €235,498 | +€50,883 | +27.6% |
| Equity | 10/15 | €21,285 | €17,201 | -€4,085 | -19.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,285 | €2,201 | -€4,085 | -65.0% |
| Amounts payable | 17/49 | €163,329 | €218,297 | +€54,968 | +33.7% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Other amounts payable | 178/9 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €123,329 | €178,297 | +€54,968 | +44.6% |
| Trade debts | 44 | €34,392 | €12,791 | -€21,601 | -62.8% |
| Suppliers | 440/4 | €34,392 | €12,791 | -€21,601 | -62.8% |
| Taxes, remuneration and social security | 45 | €14,235 | €15,716 | +€1,481 | +10.4% |
| Taxes | 450/3 | €14,235 | €15,716 | +€1,481 | +10.4% |
| Other amounts payable | 47/48 | €74,702 | €149,791 | +€75,088 | +101% |
| Non-recurring operating income | 76A | €78 | €0 | -€78 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,050 | €9,153 | -€897 | -8.9% |
| Other operating charges | 640/8 | €887 | €920 | +€33 | +3.7% |
| Non-recurring operating charges | 66A | - | €79 | +€79 | |
| Gross operating margin | 9900 | €123,864 | €132,503 | +€8,639 | +7.0% |
| Operating profit (loss) | 9901 | €112,927 | €122,352 | +€9,425 | +8.3% |
| Financial income | 75/76B | €2,160 | €1,799 | -€362 | -16.7% |
| Recurring financial income | 75 | €2,160 | €1,799 | -€362 | -16.7% |
| Financial charges | 65/66B | €3,353 | €1,824 | -€1,529 | -45.6% |
| Recurring financial charges | 65 | €3,353 | €1,824 | -€1,529 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €111,735 | €122,327 | +€10,592 | +9.5% |
| Income taxes | 67/77 | €28,716 | €31,412 | +€2,696 | +9.4% |
| Profit (loss) for the period | 9904 | €83,019 | €90,915 | +€7,896 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €83,019 | €90,915 | +€7,896 | +9.5% |
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 19 October 2026 via checked.be.