N&H OPTIC: 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.
N&H OPTIC
Largest movements
- Tangible fixed assets -€22,764
down €22,764 (-30.5%), from €74,570 to €51,806
of which Furniture and vehicles: -€21,691
- Stocks and contracts +€9,000
up €9,000 (+17.1%), from €52,600 to €61,600
- Trade debts -€20,451
down €20,451 (-32.9%), from €62,223 to €41,772
- Other debts +€7,903
up €7,903 (+14.1%), from €56,111 to €64,014
- Tax, wage and social debts -€7,709
down €7,709 (-63.6%), from €12,124 to €4,414
of which Taxes: -€9,279
- Profit (loss) carried forward +€4,708
up €4,708 (+98.2%), from -€4,794 to -€86
- Other operating charges -€4,685
down €4,685 (-55.2%), from €8,480 to €3,795
- Gross operating margin -€4,102
down €4,102 (-7.9%), from €52,251 to €48,149
- Staff costs +€1,338
up €1,338 (+9.0%), from €14,901 to €16,239
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,155 | €128,339 | -€14,816 | -10.3% |
| Fixed assets | 21/28 | €74,570 | €51,806 | -€22,764 | -30.5% |
| Tangible fixed assets | 22/27 | €74,570 | €51,806 | -€22,764 | -30.5% |
| Plant, machinery and equipment | 23 | €2,670 | €1,598 | -€1,072 | -40.2% |
| Furniture and vehicles | 24 | €71,900 | €50,208 | -€21,691 | -30.2% |
| Current assets | 29/58 | €68,585 | €76,533 | +€7,948 | +11.6% |
| Stocks and contracts in progress | 3 | €52,600 | €61,600 | +€9,000 | +17.1% |
| Stocks | 30/36 | €52,600 | €61,600 | +€9,000 | +17.1% |
| Amounts receivable within one year | 40/41 | €15,530 | €14,603 | -€926 | -6.0% |
| Trade receivables | 40 | €12,324 | €14,603 | +€2,279 | +18.5% |
| Other amounts receivable | 41 | €3,206 | - | -€3,206 | |
| Deferred charges and accrued income | 490/1 | €456 | €330 | -€126 | -27.6% |
| Total equity and liabilities | 10/49 | €143,155 | €128,339 | -€14,816 | -10.3% |
| Equity | 10/15 | €5,206 | €9,914 | +€4,708 | +90.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,794 | -€86 | +€4,708 | +98.2% |
| Amounts payable | 17/49 | €137,950 | €118,425 | -€19,524 | -14.2% |
| Amounts payable within one year | 42/48 | €137,950 | €118,425 | -€19,524 | -14.2% |
| Financial debts | 43 | €7,491 | €8,225 | +€734 | +9.8% |
| Credit institutions | 430/8 | - | €8,225 | +€8,225 | |
| Other loans | 439 | €7,491 | - | -€7,491 | |
| Trade debts | 44 | €62,223 | €41,772 | -€20,451 | -32.9% |
| Suppliers | 440/4 | €62,223 | €41,772 | -€20,451 | -32.9% |
| Taxes, remuneration and social security | 45 | €12,124 | €4,414 | -€7,709 | -63.6% |
| Taxes | 450/3 | €10,943 | €1,664 | -€9,279 | -84.8% |
| Remuneration and social security | 454/9 | €1,181 | €2,750 | +€1,569 | +133% |
| Other amounts payable | 47/48 | €56,111 | €64,014 | +€7,903 | +14.1% |
| Remuneration, social security and pensions | 62 | €14,901 | €16,239 | +€1,338 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,330 | €22,764 | +€434 | +1.9% |
| Other operating charges | 640/8 | €8,480 | €3,795 | -€4,685 | -55.2% |
| Gross operating margin | 9900 | €52,251 | €48,149 | -€4,102 | -7.9% |
| Operating profit (loss) | 9901 | €6,541 | €5,352 | -€1,189 | -18.2% |
| Financial charges | 65/66B | €324 | €644 | +€320 | +98.9% |
| Recurring financial charges | 65 | €324 | €644 | +€320 | +98.9% |
| Profit (loss) for the period before taxes | 9903 | €6,217 | €4,708 | -€1,509 | -24.3% |
| Profit (loss) for the period | 9904 | €6,217 | €4,708 | -€1,509 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,217 | €4,708 | -€1,509 | -24.3% |
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 16 October 2026 via checked.be.