NEW 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.
What changed
NEW OPTICS
NACE 47.742, Retail sale of prescription glasses, lenses and sunglasses
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€42,237
2024 · €47,987-€5,751
Equity
€304,119
2024 · €261,882+€42,237
Cash
€65,890
2024 · €63,026+€2,864
Balance sheet total
€1.0m
2024 · €1.0m-€12,000
Largest movements
Assets
- Tangible fixed assets -€70,003
down €70,003 (-9.9%), from €705,102 to €635,099
of which Land and buildings: -€56,424
- Stocks and contracts +€60,358
up €60,358 (+24.4%), from €247,495 to €307,854
Equity and liabilities
- Debts after one year -€86,538
down €86,538 (-19.4%), from €445,379 to €358,841
- Reserves +€41,811
up €41,811 (+26.6%), from €156,936 to €198,747
of which Distributable reserves: +€40,000
- Other debts -€32,144
down €32,144 (-34.9%), from €92,144 to €60,000
- Short-term financial debts +€31,568
up €31,568 (+122%), from €25,849 to €57,417
- Trade debts +€24,370
up €24,370 (+35.3%), from €68,980 to €93,350
Income statement
- Gross operating margin +€31,706
up €31,706 (+7.2%), from €441,511 to €473,217
- Staff costs +€29,074
up €29,074 (+12.4%), from €234,139 to €263,213
- Depreciation +€9,697
up €9,697 (+9.8%), from €99,100 to €108,797
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
€47,987
Gross operating margin
+€31,706
Staff costs
-€29,074
Depreciation
-€9,697
Other operating charges
+€1,362
Other operating items
+€649
Financial income
+€381
Financial charges
-€248
Taxes
-€829
Result 2025
€42,237
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
+€98,379
Investment
-€38,794
Financing
-€56,721
Cash 2024
€63,026
From operations (derived)
+€98,379
Net result for the year
+€42,237
Depreciation
+€108,797
Stocks and contracts
-€60,358
Receivables within one year
+€1,451
Deferred charges and accrued income
+€3,769
Trade debts
+€24,370
Tax, wage and social debts
+€2,299
Advances received
+€5,821
Other debts
-€32,144
Accrued charges and deferred income
+€2,138
Investment (derived)
-€38,794
Investment in fixed assets (net)
-€38,794
Financing
-€56,721
Debts after one year
-€86,538
Current portion of long-term debt
-€1,750
Short-term financial debts
+€31,568
Cash 2025
€65,890
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,045,655 | €1,033,655 | -€12,000 | -1.1% |
| Fixed assets | 21/28 | €705,102 | €635,099 | -€70,003 | -9.9% |
| Tangible fixed assets | 22/27 | €705,102 | €635,099 | -€70,003 | -9.9% |
| Land and buildings | 22 | €618,526 | €562,102 | -€56,424 | -9.1% |
| Plant, machinery and equipment | 23 | €16,666 | €21,861 | +€5,195 | +31.2% |
| Furniture and vehicles | 24 | €69,910 | €51,135 | -€18,774 | -26.9% |
| Current assets | 29/58 | €340,554 | €398,557 | +€58,003 | +17.0% |
| Stocks and contracts in progress | 3 | €247,495 | €307,854 | +€60,358 | +24.4% |
| Stocks | 30/36 | €247,495 | €307,854 | +€60,358 | +24.4% |
| Amounts receivable within one year | 40/41 | €15,268 | €13,817 | -€1,451 | -9.5% |
| Trade receivables | 40 | €15,268 | €10,898 | -€4,370 | -28.6% |
| Other amounts receivable | 41 | €0 | €2,919 | +€2,919 | |
| Cash at bank and in hand | 54/58 | €63,026 | €65,890 | +€2,864 | +4.5% |
| Deferred charges and accrued income | 490/1 | €14,765 | €10,996 | -€3,769 | -25.5% |
| Total equity and liabilities | 10/49 | €1,045,655 | €1,033,655 | -€12,000 | -1.1% |
| Equity | 10/15 | €261,882 | €304,119 | +€42,237 | +16.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €156,936 | €198,747 | +€41,811 | +26.6% |
| Non-distributable reserves | 130/1 | €8,189 | €10,000 | +€1,811 | +22.1% |
| Legal reserve | 130 | €8,189 | €10,000 | +€1,811 | +22.1% |
| Tax-exempt reserves | 132 | €247 | €247 | = | 0.0% |
| Distributable reserves | 133 | €148,500 | €188,500 | +€40,000 | +26.9% |
| Profit (loss) carried forward | 14 | €4,946 | €5,371 | +€425 | +8.6% |
| Amounts payable | 17/49 | €783,773 | €729,537 | -€54,237 | -6.9% |
| Amounts payable after more than one year | 17 | €445,379 | €358,841 | -€86,538 | -19.4% |
| Financial debts | 170/4 | €445,379 | €358,841 | -€86,538 | -19.4% |
| Amounts payable within one year | 42/48 | €326,248 | €356,412 | +€30,164 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €64,752 | €63,002 | -€1,750 | -2.7% |
| Financial debts | 43 | €25,849 | €57,417 | +€31,568 | +122% |
| Credit institutions | 430/8 | €25,849 | €57,417 | +€31,568 | +122% |
| Trade debts | 44 | €68,980 | €93,350 | +€24,370 | +35.3% |
| Suppliers | 440/4 | €68,980 | €93,350 | +€24,370 | +35.3% |
| Advances received on contracts in progress | 46 | €22,042 | €27,863 | +€5,821 | +26.4% |
| Taxes, remuneration and social security | 45 | €52,481 | €54,780 | +€2,299 | +4.4% |
| Taxes | 450/3 | €12,789 | €10,839 | -€1,950 | -15.3% |
| Remuneration and social security | 454/9 | €39,692 | €43,941 | +€4,250 | +10.7% |
| Other amounts payable | 47/48 | €92,144 | €60,000 | -€32,144 | -34.9% |
| Accrued charges and deferred income | 492/3 | €12,147 | €14,284 | +€2,138 | +17.6% |
| Non-recurring operating income | 76A | - | €1,443 | +€1,443 | |
| Remuneration, social security and pensions | 62 | €234,139 | €263,213 | +€29,074 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,100 | €108,797 | +€9,697 | +9.8% |
| Other operating charges | 640/8 | €6,235 | €4,873 | -€1,362 | -21.8% |
| Non-recurring operating charges | 66A | €649 | €0 | -€649 | -100% |
| Gross operating margin | 9900 | €441,511 | €473,217 | +€31,706 | +7.2% |
| Operating profit (loss) | 9901 | €101,388 | €96,334 | -€5,054 | -5.0% |
| Financial income | 75/76B | €5,426 | €5,806 | +€381 | +7.0% |
| Recurring financial income | 75 | €5,426 | €5,806 | +€381 | +7.0% |
| Financial charges | 65/66B | €32,574 | €32,823 | +€248 | +0.8% |
| Recurring financial charges | 65 | €32,574 | €32,823 | +€248 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €74,239 | €69,318 | -€4,922 | -6.6% |
| Income taxes | 67/77 | €26,252 | €27,081 | +€829 | +3.2% |
| Profit (loss) for the period | 9904 | €47,987 | €42,237 | -€5,751 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,987 | €42,237 | -€5,751 | -12.0% |
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 24 October 2026 via checked.be.