Focal Eyes: 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.
Focal Eyes
Largest movements
- Receivables after one year +€104,194
up €104,194 (+21.6%), from €481,529 to €585,723
- Receivables within one year +€102,251
up €102,251 (+22,722%), from €450 to €102,701
- Deferred charges and accrued income +€65,309
up €65,309 (+42.8%), from €152,684 to €217,993
- Tangible fixed assets -€42,761
down €42,761 (-4.5%), from €945,724 to €902,963
of which Other tangible fixed assets: -€38,746
- Reserves +€188,826
up €188,826 (+39.1%), from €482,581 to €671,407
- Other debts +€115,200
up €115,200 (+163%), from €70,800 to €186,000
- Debts after one year -€78,860
down €78,860 (-9.9%), from €796,174 to €717,314
- Tax, wage and social debts +€27,736
up €27,736 (+31.5%), from €88,016 to €115,752
- Current portion of long-term debt -€25,100
down €25,100 (-18.0%), from €139,342 to €114,242
- Gross operating margin +€11,036
up €11,036 (+3.4%), from €325,058 to €336,094
- Financial income +€8,376
up €8,376 (+34.1%), from €24,597 to €32,973
- Depreciation +€4,499
up €4,499 (+7.1%), from €63,369 to €67,869
- Taxes +€3,394
up €3,394 (+3.9%), from €86,179 to €89,574
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,597,755 | €1,836,098 | +€238,343 | +14.9% |
| Fixed assets | 21/28 | €951,614 | €903,853 | -€47,761 | -5.0% |
| Tangible fixed assets | 22/27 | €945,724 | €902,963 | -€42,761 | -4.5% |
| Land and buildings | 22 | €373,721 | €360,328 | -€13,394 | -3.6% |
| Furniture and vehicles | 24 | €6,355 | €15,734 | +€9,378 | +148% |
| Other tangible fixed assets | 26 | €565,648 | €526,902 | -€38,746 | -6.8% |
| Financial fixed assets | 28 | €5,890 | €890 | -€5,000 | -84.9% |
| Current assets | 29/58 | €646,141 | €932,245 | +€286,104 | +44.3% |
| Amounts receivable after more than one year | 29 | €481,529 | €585,723 | +€104,194 | +21.6% |
| Other amounts receivable | 291 | €481,529 | €585,723 | +€104,194 | +21.6% |
| Amounts receivable within one year | 40/41 | €450 | €102,701 | +€102,251 | +22,722% |
| Trade receivables | 40 | €450 | €102,701 | +€102,251 | +22,722% |
| Cash at bank and in hand | 54/58 | €11,479 | €25,828 | +€14,350 | +125% |
| Deferred charges and accrued income | 490/1 | €152,684 | €217,993 | +€65,309 | +42.8% |
| Total equity and liabilities | 10/49 | €1,597,755 | €1,836,098 | +€238,343 | +14.9% |
| Equity | 10/15 | €485,081 | €673,907 | +€188,826 | +38.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €482,581 | €671,407 | +€188,826 | +39.1% |
| Distributable reserves | 133 | €482,581 | €671,407 | +€188,826 | +39.1% |
| Amounts payable | 17/49 | €1,112,674 | €1,162,191 | +€49,517 | +4.5% |
| Amounts payable after more than one year | 17 | €796,174 | €717,314 | -€78,860 | -9.9% |
| Financial debts | 170/4 | €796,174 | €717,314 | -€78,860 | -9.9% |
| Amounts payable within one year | 42/48 | €315,569 | €444,877 | +€129,308 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €139,342 | €114,242 | -€25,100 | -18.0% |
| Financial debts | 43 | - | €4,373 | +€4,373 | |
| Credit institutions | 430/8 | - | €4,373 | +€4,373 | |
| Trade debts | 44 | €17,412 | €24,511 | +€7,099 | +40.8% |
| Suppliers | 440/4 | €17,412 | €24,511 | +€7,099 | +40.8% |
| Taxes, remuneration and social security | 45 | €88,016 | €115,752 | +€27,736 | +31.5% |
| Taxes | 450/3 | €88,016 | €115,752 | +€27,736 | +31.5% |
| Other amounts payable | 47/48 | €70,800 | €186,000 | +€115,200 | +163% |
| Accrued charges and deferred income | 492/3 | €931 | - | -€931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,369 | €67,869 | +€4,499 | +7.1% |
| Other operating charges | 640/8 | €6,185 | €6,665 | +€479 | +7.7% |
| Gross operating margin | 9900 | €325,058 | €336,094 | +€11,036 | +3.4% |
| Operating profit (loss) | 9901 | €255,503 | €261,561 | +€6,058 | +2.4% |
| Financial income | 75/76B | €24,597 | €32,973 | +€8,376 | +34.1% |
| Recurring financial income | 75 | €24,597 | €32,973 | +€8,376 | +34.1% |
| Financial charges | 65/66B | €18,848 | €16,134 | -€2,714 | -14.4% |
| Recurring financial charges | 65 | €18,848 | €16,134 | -€2,714 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €261,252 | €278,400 | +€17,147 | +6.6% |
| Income taxes | 67/77 | €86,179 | €89,574 | +€3,394 | +3.9% |
| Profit (loss) for the period | 9904 | €175,073 | €188,826 | +€13,753 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €175,073 | €188,826 | +€13,753 | +7.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.