LE ROY VISION CENTER: 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.
What changed
LE ROY VISION CENTER
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,559
2024 · €10,453+€17,106
Equity
€381,860
2024 · €354,301+€27,559
Cash
€1,933
2024 · €12,495-€10,562
Balance sheet total
€1.2m
2024 · €1.4m-€115,609
Largest movements
Assets
- Tangible fixed assets -€101,035
down €101,035 (-8.6%), from €1.2m to €1.1m
of which Land and buildings: -€74,373
Equity and liabilities
- Debts after one year -€122,735
down €122,735 (-22.3%), from €551,035 to €428,301
- Reserves +€27,559
up €27,559 (+9.4%), from €292,301 to €319,860
of which Distributable reserves: +€47,567
- Current portion of long-term debt -€23,663
down €23,663 (-16.2%), from €146,397 to €122,735
Income statement
- Depreciation -€30,723
down €30,723 (-26.4%), from €116,289 to €85,565
- Gross operating margin +€20,476
up €20,476 (+9.8%), from €208,176 to €228,652
- Taxes +€15,512
up €15,512 (+105%), from €14,785 to €30,297
- Financial income -€7,640
down €7,640 (-61.2%), from €12,475 to €4,835
- Staff costs -€7,454
down €7,454 (-12.0%), from €62,358 to €54,904
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.
Result 2024
€10,453
Gross operating margin
+€20,476
Staff costs
+€7,454
Depreciation
+€30,723
Write-downs
+€1,676
Other operating charges
-€967
Other operating items
-€17,932
Financial income
-€7,640
Financial charges
-€1,172
Taxes
-€15,512
Result 2025
€27,559
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€112,280
Investment
+€16,421
Financing
-€139,263
Cash 2024
€12,495
From operations (derived)
+€112,280
Net result for the year
+€27,559
Depreciation
+€85,565
Stocks and contracts
-€6,789
Receivables within one year
+€9,739
Deferred charges and accrued income
+€111
Provisions
-€8,825
Trade debts
-€4,549
Tax, wage and social debts
+€11,464
Accrued charges and deferred income
-€1,995
Investment (derived)
+€16,421
Investment in fixed assets (net)
+€16,421
Financing
-€139,263
Debts after one year
-€122,735
Current portion of long-term debt
-€23,663
Short-term financial debts
+€7,135
Cash 2025
€1,933
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,355,082 | €1,239,473 | -€115,609 | -8.5% |
| Fixed assets | 21/28 | €1,173,015 | €1,071,028 | -€101,986 | -8.7% |
| Intangible fixed assets | 21 | €1,478 | €527 | -€951 | -64.3% |
| Tangible fixed assets | 22/27 | €1,171,362 | €1,070,326 | -€101,035 | -8.6% |
| Land and buildings | 22 | €1,108,496 | €1,034,123 | -€74,373 | -6.7% |
| Plant, machinery and equipment | 23 | €35,997 | €29,102 | -€6,894 | -19.2% |
| Furniture and vehicles | 24 | €26,869 | €7,101 | -€19,768 | -73.6% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €182,068 | €168,445 | -€13,623 | -7.5% |
| Stocks and contracts in progress | 3 | €51,958 | €58,747 | +€6,789 | +13.1% |
| Stocks | 30/36 | €51,958 | €58,747 | +€6,789 | +13.1% |
| Amounts receivable within one year | 40/41 | €112,372 | €102,633 | -€9,739 | -8.7% |
| Trade receivables | 40 | €16,103 | €14,974 | -€1,129 | -7.0% |
| Other amounts receivable | 41 | €96,269 | €87,659 | -€8,610 | -8.9% |
| Cash at bank and in hand | 54/58 | €12,495 | €1,933 | -€10,562 | -84.5% |
| Deferred charges and accrued income | 490/1 | €5,244 | €5,132 | -€111 | -2.1% |
| Total equity and liabilities | 10/49 | €1,355,082 | €1,239,473 | -€115,609 | -8.5% |
| Equity | 10/15 | €354,301 | €381,860 | +€27,559 | +7.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €292,301 | €319,860 | +€27,559 | +9.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €170,506 | €150,498 | -€20,008 | -11.7% |
| Distributable reserves | 133 | €115,596 | €163,162 | +€47,567 | +41.1% |
| Provisions and deferred taxes | 16 | €77,937 | €69,112 | -€8,825 | -11.3% |
| Deferred taxes | 168 | €77,937 | €69,112 | -€8,825 | -11.3% |
| Amounts payable | 17/49 | €922,844 | €788,501 | -€134,342 | -14.6% |
| Amounts payable after more than one year | 17 | €551,035 | €428,301 | -€122,735 | -22.3% |
| Financial debts | 170/4 | €551,035 | €428,301 | -€122,735 | -22.3% |
| Amounts payable within one year | 42/48 | €356,881 | €347,268 | -€9,613 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €146,397 | €122,735 | -€23,663 | -16.2% |
| Financial debts | 43 | - | €7,135 | +€7,135 | |
| Credit institutions | 430/8 | - | €7,135 | +€7,135 | |
| Trade debts | 44 | €157,410 | €152,861 | -€4,549 | -2.9% |
| Suppliers | 440/4 | €157,410 | €152,861 | -€4,549 | -2.9% |
| Taxes, remuneration and social security | 45 | €53,074 | €64,538 | +€11,464 | +21.6% |
| Taxes | 450/3 | €41,941 | €59,169 | +€17,228 | +41.1% |
| Remuneration and social security | 454/9 | €11,133 | €5,369 | -€5,764 | -51.8% |
| Accrued charges and deferred income | 492/3 | €14,927 | €12,932 | -€1,995 | -13.4% |
| Remuneration, social security and pensions | 62 | €62,358 | €54,904 | -€7,454 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,289 | €85,565 | -€30,723 | -26.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€698 | -€2,374 | -€1,676 | -240% |
| Other operating charges | 640/8 | €6,513 | €7,480 | +€967 | +14.9% |
| Non-recurring operating charges | 66A | - | €17,932 | +€17,932 | |
| Gross operating margin | 9900 | €208,176 | €228,652 | +€20,476 | +9.8% |
| Operating profit (loss) | 9901 | €23,714 | €65,145 | +€41,431 | +175% |
| Financial income | 75/76B | €12,475 | €4,835 | -€7,640 | -61.2% |
| Recurring financial income | 75 | €12,475 | €4,835 | -€7,640 | -61.2% |
| Financial charges | 65/66B | €19,777 | €20,949 | +€1,172 | +5.9% |
| Recurring financial charges | 65 | €19,777 | €20,949 | +€1,172 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €16,412 | €49,031 | +€32,618 | +199% |
| Transfer from deferred taxes | 780 | €8,825 | €8,825 | = | 0.0% |
| Income taxes | 67/77 | €14,785 | €30,297 | +€15,512 | +105% |
| Profit (loss) for the period | 9904 | €10,453 | €27,559 | +€17,106 | +164% |
| Transfer from tax-exempt reserves | 789 | €20,008 | €20,008 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,461 | €47,567 | +€17,106 | +56.2% |
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 27 October 2026 via checked.be.