LB optix: 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 optix
Largest movements
- Cash +€50,453
up €50,453 (+13.9%), from €363,470 to €413,922
mainly Net result for the year (+€53,548) and Advances received (+€12,705)
- Reserves +€32,495
up €32,495 (+11.0%), from €295,948 to €328,443
- Advances received +€12,705
new in 2025: €12,705
- Other debts +€11,053
up €11,053 (+110.5%), from €10,000 to €21,053
- Debts after one year -€5,950
down €5,950 (-69.0%), from €8,629 to €2,679
- Gross operating margin +€21,619
up €21,619 (+32.9%), from €65,642 to €87,262
- Other operating charges +€9,964
up €9,964 (+957.2%), from €1,041 to €11,005
- Taxes +€5,183
up €5,183 (+30.1%), from €17,197 to €22,380
- Depreciation -€5,156
down €5,156 (-67.9%), from €7,596 to €2,440
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 | €445,407 | €497,447 | +€52,040 | +11.7% |
| Fixed assets | 21/28 | €32,674 | €31,920 | -€754 | -2.3% |
| Tangible fixed assets | 22/27 | €32,553 | €31,799 | -€754 | -2.3% |
| Plant, machinery and equipment | 23 | €32,236 | €30,031 | -€2,205 | -6.8% |
| Furniture and vehicles | 24 | €317 | - | -€317 | |
| Other tangible fixed assets | 26 | - | €1,768 | +€1,768 | |
| Financial fixed assets | 28 | €121 | €121 | = | 0.0% |
| Current assets | 29/58 | €412,733 | €465,527 | +€52,794 | +12.8% |
| Stocks and contracts in progress | 3 | €33,655 | €35,326 | +€1,671 | +5.0% |
| Stocks | 30/36 | €33,655 | €35,326 | +€1,671 | +5.0% |
| Amounts receivable within one year | 40/41 | €14,199 | €15,825 | +€1,626 | +11.5% |
| Trade receivables | 40 | €10,135 | €14,473 | +€4,338 | +42.8% |
| Other amounts receivable | 41 | €4,064 | €1,352 | -€2,712 | -66.7% |
| Cash at bank and in hand | 54/58 | €363,470 | €413,922 | +€50,453 | +13.9% |
| Deferred charges and accrued income | 490/1 | €1,410 | €454 | -€956 | -67.8% |
| Total equity and liabilities | 10/49 | €445,407 | €497,447 | +€52,040 | +11.7% |
| Equity | 10/15 | €395,190 | €427,685 | +€32,495 | +8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €295,948 | €328,443 | +€32,495 | +11.0% |
| Distributable reserves | 133 | €295,948 | €328,443 | +€32,495 | +11.0% |
| Profit (loss) carried forward | 14 | €93,042 | €93,042 | = | 0.0% |
| Amounts payable | 17/49 | €50,218 | €69,762 | +€19,544 | +38.9% |
| Amounts payable after more than one year | 17 | €8,629 | €2,679 | -€5,950 | -69.0% |
| Financial debts | 170/4 | €8,629 | €2,679 | -€5,950 | -69.0% |
| Amounts payable within one year | 42/48 | €41,589 | €67,083 | +€25,494 | +61.3% |
| Current portion of amounts payable after more than one year | 42 | €6,596 | €3,471 | -€3,125 | -47.4% |
| Trade debts | 44 | €4,719 | €8,520 | +€3,801 | +80.6% |
| Suppliers | 440/4 | €4,719 | €8,520 | +€3,801 | +80.6% |
| Advances received on contracts in progress | 46 | - | €12,705 | +€12,705 | |
| Taxes, remuneration and social security | 45 | €20,274 | €21,334 | +€1,060 | +5.2% |
| Taxes | 450/3 | €17,077 | €21,334 | +€4,258 | +24.9% |
| Remuneration and social security | 454/9 | €3,197 | - | -€3,197 | |
| Other amounts payable | 47/48 | €10,000 | €21,053 | +€11,053 | +110.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,596 | €2,440 | -€5,156 | -67.9% |
| Other operating charges | 640/8 | €1,041 | €11,005 | +€9,964 | +957.2% |
| Gross operating margin | 9900 | €65,642 | €87,262 | +€21,619 | +32.9% |
| Operating profit (loss) | 9901 | €57,005 | €73,816 | +€16,811 | +29.5% |
| Financial income | 75/76B | €4,175 | €3,913 | -€262 | -6.3% |
| Recurring financial income | 75 | €4,175 | €3,913 | -€262 | -6.3% |
| Financial charges | 65/66B | €1,822 | €1,801 | -€20 | -1.1% |
| Recurring financial charges | 65 | €1,822 | €1,801 | -€20 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €59,359 | €75,928 | +€16,570 | +27.9% |
| Income taxes | 67/77 | €17,197 | €22,380 | +€5,183 | +30.1% |
| Profit (loss) for the period | 9904 | €42,162 | €53,548 | +€11,387 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,162 | €53,548 | +€11,387 | +27.0% |
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 1 October 2026 via checked.be.