LB OPTIC: what changed
Two fiscal 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.
LB OPTIC
Largest movements
- Intangible fixed assets -€170,000
down €170,000 (-13.2%), from €1.3m to €1.1m
- Receivables within one year +€128,590
up €128,590 (+147.1%), from €87,430 to €216,020
of which Other amounts receivable: +€117,350
- Receivables after one year -€101,929
down €101,929 (-76.0%), from €134,075 to €32,145
- Tangible fixed assets +€77,332
up €77,332 (+129.9%), from €59,519 to €136,850
of which Other tangible fixed assets: +€68,298
- Stocks and contracts +€52,061
up €52,061 (+21.1%), from €247,160 to €299,221
- Debts after one year -€179,300
down €179,300 (-22.4%), from €800,881 to €621,581
- Profit (loss) carried forward +€118,591
up €118,591 (+32.9%), from €360,403 to €478,995
- Other debts -€51,659
down €51,659 (-11.8%), from €436,837 to €385,179
- Current portion of long-term debt +€22,306
up €22,306 (+11.4%), from €196,320 to €218,626
- Gross operating margin -€156,769
down €156,769 (-14.6%), from €1.1m to €919,065
- Taxes -€41,468
down €41,468 (-52.8%), from €78,594 to €37,126
- Depreciation +€11,653
up €11,653 (+6.3%), from €184,742 to €196,396
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.
Cash bridge derived
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 | €2,042,066 | €1,931,449 | -€110,616 | -5.4% |
| Fixed assets | 21/28 | €1,348,258 | €1,255,590 | -€92,668 | -6.9% |
| Intangible fixed assets | 21 | €1,288,740 | €1,118,740 | -€170,000 | -13.2% |
| Tangible fixed assets | 22/27 | €59,519 | €136,850 | +€77,332 | +129.9% |
| Plant, machinery and equipment | 23 | €17,185 | €10,933 | -€6,252 | -36.4% |
| Furniture and vehicles | 24 | €4,471 | €19,756 | +€15,285 | +341.9% |
| Other tangible fixed assets | 26 | €37,863 | €106,161 | +€68,298 | +180.4% |
| Current assets | 29/58 | €693,807 | €675,859 | -€17,948 | -2.6% |
| Amounts receivable after more than one year | 29 | €134,075 | €32,145 | -€101,929 | -76.0% |
| Other amounts receivable | 291 | €134,075 | €32,145 | -€101,929 | -76.0% |
| Stocks and contracts in progress | 3 | €247,160 | €299,221 | +€52,061 | +21.1% |
| Stocks | 30/36 | €247,160 | €299,221 | +€52,061 | +21.1% |
| Amounts receivable within one year | 40/41 | €87,430 | €216,020 | +€128,590 | +147.1% |
| Trade receivables | 40 | €53,780 | €65,020 | +€11,240 | +20.9% |
| Other amounts receivable | 41 | €33,650 | €151,000 | +€117,350 | +348.7% |
| Current investments | 50/53 | €50,000 | €9,000 | -€41,000 | -82.0% |
| Cash at bank and in hand | 54/58 | €107,654 | €96,044 | -€11,610 | -10.8% |
| Deferred charges and accrued income | 490/1 | €67,489 | €23,429 | -€44,060 | -65.3% |
| Total equity and liabilities | 10/49 | €2,042,066 | €1,931,449 | -€110,616 | -5.4% |
| Equity | 10/15 | €362,903 | €481,495 | +€118,591 | +32.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €360,403 | €478,995 | +€118,591 | +32.9% |
| Amounts payable | 17/49 | €1,679,162 | €1,449,955 | -€229,208 | -13.7% |
| Amounts payable after more than one year | 17 | €800,881 | €621,581 | -€179,300 | -22.4% |
| Financial debts | 170/4 | €800,881 | €621,581 | -€179,300 | -22.4% |
| Amounts payable within one year | 42/48 | €878,282 | €828,374 | -€49,908 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €196,320 | €218,626 | +€22,306 | +11.4% |
| Trade debts | 44 | €162,537 | €148,111 | -€14,426 | -8.9% |
| Suppliers | 440/4 | €162,537 | €148,111 | -€14,426 | -8.9% |
| Taxes, remuneration and social security | 45 | €82,588 | €76,458 | -€6,130 | -7.4% |
| Taxes | 450/3 | €24,274 | €28,770 | +€4,496 | +18.5% |
| Remuneration and social security | 454/9 | €58,313 | €47,688 | -€10,625 | -18.2% |
| Other amounts payable | 47/48 | €436,837 | €385,179 | -€51,659 | -11.8% |
| Remuneration, social security and pensions | 62 | €535,081 | €535,346 | +€265 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184,742 | €196,396 | +€11,653 | +6.3% |
| Other operating charges | 640/8 | €4,163 | €1,335 | -€2,827 | -67.9% |
| Non-recurring operating charges | 66A | €1,415 | €1,670 | +€255 | +18.0% |
| Gross operating margin | 9900 | €1,075,834 | €919,065 | -€156,769 | -14.6% |
| Operating profit (loss) | 9901 | €350,433 | €184,318 | -€166,115 | -47.4% |
| Financial income | 75/76B | €5,559 | €11,579 | +€6,019 | +108.3% |
| Recurring financial income | 75 | €5,559 | €11,579 | +€6,019 | +108.3% |
| Financial charges | 65/66B | €46,517 | €40,180 | -€6,338 | -13.6% |
| Recurring financial charges | 65 | €46,517 | €40,180 | -€6,338 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €309,475 | €155,717 | -€153,758 | -49.7% |
| Income taxes | 67/77 | €78,594 | €37,126 | -€41,468 | -52.8% |
| Profit (loss) for the period | 9904 | €230,882 | €118,591 | -€112,290 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €230,882 | €118,591 | -€112,290 | -48.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.