N & N OPTICS: 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 & N OPTICS
Largest movements
- Tangible fixed assets -€28,063
down €28,063 (-9.8%), from €286,461 to €258,398
of which Land and buildings: -€22,525
- Cash +€12,605
up €12,605 (+22.5%), from €56,057 to €68,661
mainly Depreciation (+€30,219) and Net result for the year (+€25,765)
- Stocks and contracts -€9,103
down €9,103 (-17.0%), from €53,596 to €44,493
- Debts after one year -€28,299
down €28,299 (-26.0%), from €108,669 to €80,370
- Reserves +€25,765
up €25,765 (+16.6%), from €155,239 to €181,003
of which Distributable reserves: +€25,765
- Other debts -€8,682
down €8,682 (-32.1%), from €27,061 to €18,380
- Tax, wage and social debts -€6,543
down €6,543 (-29.5%), from €22,199 to €15,655
of which Taxes: -€5,522
- Trade debts -€6,038
down €6,038 (-23.6%), from €25,536 to €19,498
- Gross operating margin -€11,371
down €11,371 (-7.0%), from €161,355 to €149,983
- Staff costs +€3,499
up €3,499 (+5.3%), from €66,194 to €69,693
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
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 | €402,315 | €375,620 | -€26,694 | -6.6% |
| Fixed assets | 21/28 | €286,663 | €258,599 | -€28,063 | -9.8% |
| Tangible fixed assets | 22/27 | €286,461 | €258,398 | -€28,063 | -9.8% |
| Land and buildings | 22 | €269,105 | €246,580 | -€22,525 | -8.4% |
| Plant, machinery and equipment | 23 | €15,345 | €10,928 | -€4,417 | -28.8% |
| Furniture and vehicles | 24 | €2,011 | €889 | -€1,122 | -55.8% |
| Financial fixed assets | 28 | €202 | €202 | = | 0.0% |
| Current assets | 29/58 | €115,652 | €117,021 | +€1,369 | +1.2% |
| Stocks and contracts in progress | 3 | €53,596 | €44,493 | -€9,103 | -17.0% |
| Stocks | 30/36 | €53,596 | €44,493 | -€9,103 | -17.0% |
| Amounts receivable within one year | 40/41 | €4,674 | €3,555 | -€1,119 | -23.9% |
| Trade receivables | 40 | €4,608 | €3,514 | -€1,094 | -23.7% |
| Other amounts receivable | 41 | €66 | €42 | -€25 | -37.1% |
| Cash at bank and in hand | 54/58 | €56,057 | €68,661 | +€12,605 | +22.5% |
| Deferred charges and accrued income | 490/1 | €1,325 | €311 | -€1,014 | -76.5% |
| Total equity and liabilities | 10/49 | €402,315 | €375,620 | -€26,694 | -6.6% |
| Equity | 10/15 | €161,444 | €187,209 | +€25,765 | +16.0% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €155,239 | €181,003 | +€25,765 | +16.6% |
| Tax-exempt reserves | 132 | €20,237 | €20,237 | = | 0.0% |
| Distributable reserves | 133 | €135,001 | €160,766 | +€25,765 | +19.1% |
| Provisions and deferred taxes | 16 | €20,798 | €20,798 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,798 | €20,798 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,798 | €20,798 | = | 0.0% |
| Amounts payable | 17/49 | €220,073 | €167,614 | -€52,459 | -23.8% |
| Amounts payable after more than one year | 17 | €108,669 | €80,370 | -€28,299 | -26.0% |
| Financial debts | 170/4 | €108,669 | €80,370 | -€28,299 | -26.0% |
| Amounts payable within one year | 42/48 | €108,453 | €84,039 | -€24,413 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €32,725 | €28,299 | -€4,426 | -13.5% |
| Financial debts | 43 | €932 | €2,208 | +€1,276 | +137% |
| Credit institutions | 430/8 | €932 | €2,208 | +€1,276 | +137% |
| Trade debts | 44 | €25,536 | €19,498 | -€6,038 | -23.6% |
| Suppliers | 440/4 | €25,536 | €19,498 | -€6,038 | -23.6% |
| Taxes, remuneration and social security | 45 | €22,199 | €15,655 | -€6,543 | -29.5% |
| Taxes | 450/3 | €19,057 | €13,535 | -€5,522 | -29.0% |
| Remuneration and social security | 454/9 | €3,142 | €2,120 | -€1,021 | -32.5% |
| Other amounts payable | 47/48 | €27,061 | €18,380 | -€8,682 | -32.1% |
| Accrued charges and deferred income | 492/3 | €2,951 | €3,205 | +€253 | +8.6% |
| Non-recurring operating income | 76A | €2,200 | - | -€2,200 | |
| Remuneration, social security and pensions | 62 | €66,194 | €69,693 | +€3,499 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,638 | €30,219 | +€581 | +2.0% |
| Other operating charges | 640/8 | €3,937 | €4,104 | +€167 | +4.2% |
| Gross operating margin | 9900 | €161,355 | €149,983 | -€11,371 | -7.0% |
| Operating profit (loss) | 9901 | €61,585 | €45,967 | -€15,618 | -25.4% |
| Financial income | 75/76B | €1,050 | €595 | -€455 | -43.4% |
| Recurring financial income | 75 | €1,050 | €595 | -€455 | -43.4% |
| Financial charges | 65/66B | €7,203 | €6,156 | -€1,046 | -14.5% |
| Recurring financial charges | 65 | €7,203 | €6,156 | -€1,046 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €55,432 | €40,405 | -€15,027 | -27.1% |
| Income taxes | 67/77 | €14,742 | €14,641 | -€101 | -0.7% |
| Profit (loss) for the period | 9904 | €40,691 | €25,765 | -€14,926 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,691 | €25,765 | -€14,926 | -36.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.