F.H. OPTICS: 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.
F.H. OPTICS
Largest movements
- Receivables within one year +€313,282
up €313,282 (+104%), from €300,611 to €613,893
of which Other amounts receivable: +€322,269
- Tangible fixed assets -€73,823
down €73,823 (-17.1%), from €431,045 to €357,222
of which Land and buildings: -€80,784
- Cash -€50,015
down €50,015 (-35.6%), from €140,551 to €90,535
mainly Receivables within one year (-€313,282) and Debts after one year (-€110,607)
- Stocks and contracts +€20,892
up €20,892 (+5.1%), from €407,910 to €428,802
- Reserves +€353,304
up €353,304 (+41.3%), from €855,382 to €1.2m
- Debts after one year -€110,607
down €110,607 (-27.4%), from €403,975 to €293,369
- Trade debts -€33,574
down €33,574 (-27.0%), from €124,422 to €90,847
- Financial income +€250,473
up €250,473 (+3,183%), from €7,869 to €258,342
- Gross operating margin +€89,464
up €89,464 (+10.7%), from €836,787 to €926,251
- Taxes +€66,831
up €66,831 (+211%), from €31,606 to €98,437
- Staff costs -€45,268
down €45,268 (-7.7%), from €588,274 to €543,006
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 | €1,697,029 | €1,919,117 | +€222,087 | +13.1% |
| Fixed assets | 21/28 | €835,877 | €758,853 | -€77,023 | -9.2% |
| Intangible fixed assets | 21 | €6,400 | €3,200 | -€3,200 | -50.0% |
| Tangible fixed assets | 22/27 | €431,045 | €357,222 | -€73,823 | -17.1% |
| Land and buildings | 22 | €362,217 | €281,433 | -€80,784 | -22.3% |
| Plant, machinery and equipment | 23 | €58,544 | €41,604 | -€16,941 | -28.9% |
| Furniture and vehicles | 24 | €10,284 | €34,186 | +€23,901 | +232% |
| Financial fixed assets | 28 | €398,431 | €398,431 | = | 0.0% |
| Current assets | 29/58 | €861,153 | €1,160,263 | +€299,111 | +34.7% |
| Stocks and contracts in progress | 3 | €407,910 | €428,802 | +€20,892 | +5.1% |
| Stocks | 30/36 | €407,910 | €428,802 | +€20,892 | +5.1% |
| Amounts receivable within one year | 40/41 | €300,611 | €613,893 | +€313,282 | +104% |
| Trade receivables | 40 | €82,655 | €73,668 | -€8,987 | -10.9% |
| Other amounts receivable | 41 | €217,956 | €540,225 | +€322,269 | +148% |
| Cash at bank and in hand | 54/58 | €140,551 | €90,535 | -€50,015 | -35.6% |
| Deferred charges and accrued income | 490/1 | €12,081 | €27,033 | +€14,952 | +124% |
| Total equity and liabilities | 10/49 | €1,697,029 | €1,919,117 | +€222,087 | +13.1% |
| Equity | 10/15 | €900,382 | €1,253,686 | +€353,304 | +39.2% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €855,382 | €1,208,686 | +€353,304 | +41.3% |
| Distributable reserves | 133 | €855,382 | €1,208,686 | +€353,304 | +41.3% |
| Amounts payable | 17/49 | €796,647 | €665,430 | -€131,217 | -16.5% |
| Amounts payable after more than one year | 17 | €403,975 | €293,369 | -€110,607 | -27.4% |
| Financial debts | 170/4 | €403,975 | €293,369 | -€110,607 | -27.4% |
| Amounts payable within one year | 42/48 | €387,412 | €357,942 | -€29,470 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €77,432 | €77,607 | +€175 | +0.2% |
| Trade debts | 44 | €124,422 | €90,847 | -€33,574 | -27.0% |
| Suppliers | 440/4 | €124,422 | €90,847 | -€33,574 | -27.0% |
| Taxes, remuneration and social security | 45 | €162,089 | €147,021 | -€15,067 | -9.3% |
| Taxes | 450/3 | €56,168 | €82,215 | +€26,047 | +46.4% |
| Remuneration and social security | 454/9 | €105,920 | €64,806 | -€41,114 | -38.8% |
| Other amounts payable | 47/48 | €23,469 | €42,466 | +€18,997 | +80.9% |
| Accrued charges and deferred income | 492/3 | €5,260 | €14,120 | +€8,860 | +168% |
| Remuneration, social security and pensions | 62 | €588,274 | €543,006 | -€45,268 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,851 | €111,830 | +€6,979 | +6.7% |
| Other operating charges | 640/8 | €18,595 | €23,601 | +€5,005 | +26.9% |
| Gross operating margin | 9900 | €836,787 | €926,251 | +€89,464 | +10.7% |
| Operating profit (loss) | 9901 | €125,067 | €247,813 | +€122,747 | +98.1% |
| Financial income | 75/76B | €7,869 | €258,342 | +€250,473 | +3,183% |
| Recurring financial income | 75 | €7,869 | €258,342 | +€250,473 | +3,183% |
| Financial charges | 65/66B | €24,747 | €22,836 | -€1,912 | -7.7% |
| Recurring financial charges | 65 | €24,747 | €22,836 | -€1,912 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €108,189 | €483,320 | +€375,131 | +347% |
| Income taxes | 67/77 | €31,606 | €98,437 | +€66,831 | +211% |
| Profit (loss) for the period | 9904 | €76,583 | €384,883 | +€308,300 | +403% |
| Profit (loss) for the period to be appropriated | 9905 | €76,583 | €384,883 | +€308,300 | +403% |
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 23 October 2026 via checked.be.