OLDERS OPHTHALMOLOGY: 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.
OLDERS OPHTHALMOLOGY
Largest movements
- Cash +€309,574
up €309,574 (+42.8%), from €723,346 to €1.0m
mainly Net result for the year (+€388,990) and Current investments (+€71,333)
- Current investments -€71,333
down €71,333 (-16.9%), from €421,885 to €350,552
- Receivables after one year +€45,900
up €45,900 (+39.9%), from €115,000 to €160,900
- Reserves +€388,990
up €388,990 (+31.1%), from €1.3m to €1.6m
- Tax, wage and social debts -€112,905
down €112,905 (-82.1%), from €137,585 to €24,681
- Trade debts +€44,368
up €44,368 (+5,075%), from €874 to €45,242
- Other debts -€20,578
down €20,578 (-94.7%), from €21,720 to €1,142
- Gross operating margin -€17,420
down €17,420 (-3.0%), from €579,502 to €562,081
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 | €1,415,218 | €1,714,040 | +€298,822 | +21.1% |
| Fixed assets | 21/28 | €10,360 | €14,611 | +€4,251 | +41.0% |
| Tangible fixed assets | 22/27 | €10,310 | €14,561 | +€4,251 | +41.2% |
| Plant, machinery and equipment | 23 | €3,412 | €2,323 | -€1,088 | -31.9% |
| Furniture and vehicles | 24 | €5,144 | €11,266 | +€6,122 | +119% |
| Other tangible fixed assets | 26 | €1,755 | €972 | -€783 | -44.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,404,858 | €1,699,429 | +€294,571 | +21.0% |
| Amounts receivable after more than one year | 29 | €115,000 | €160,900 | +€45,900 | +39.9% |
| Trade receivables | 290 | €115,000 | €160,900 | +€45,900 | +39.9% |
| Current investments | 50/53 | €421,885 | €350,552 | -€71,333 | -16.9% |
| Cash at bank and in hand | 54/58 | €723,346 | €1,032,920 | +€309,574 | +42.8% |
| Deferred charges and accrued income | 490/1 | €144,627 | €155,058 | +€10,431 | +7.2% |
| Total equity and liabilities | 10/49 | €1,415,218 | €1,714,040 | +€298,822 | +21.1% |
| Equity | 10/15 | €1,253,985 | €1,642,975 | +€388,990 | +31.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,250,985 | €1,639,975 | +€388,990 | +31.1% |
| Distributable reserves | 133 | €1,250,985 | €1,639,975 | +€388,990 | +31.1% |
| Amounts payable | 17/49 | €161,233 | €71,065 | -€90,168 | -55.9% |
| Amounts payable within one year | 42/48 | €160,179 | €71,065 | -€89,114 | -55.6% |
| Trade debts | 44 | €874 | €45,242 | +€44,368 | +5,075% |
| Suppliers | 440/4 | €874 | €45,242 | +€44,368 | +5,075% |
| Taxes, remuneration and social security | 45 | €137,585 | €24,681 | -€112,905 | -82.1% |
| Taxes | 450/3 | €137,585 | €24,681 | -€112,905 | -82.1% |
| Other amounts payable | 47/48 | €21,720 | €1,142 | -€20,578 | -94.7% |
| Accrued charges and deferred income | 492/3 | €1,054 | - | -€1,054 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,765 | €4,113 | +€348 | +9.2% |
| Other operating charges | 640/8 | €285 | €496 | +€211 | +73.8% |
| Gross operating margin | 9900 | €579,502 | €562,081 | -€17,420 | -3.0% |
| Operating profit (loss) | 9901 | €575,451 | €557,472 | -€17,979 | -3.1% |
| Financial income | 75/76B | €9,109 | €7,946 | -€1,162 | -12.8% |
| Recurring financial income | 75 | €9,109 | €7,946 | -€1,162 | -12.8% |
| Financial charges | 65/66B | €501 | €433 | -€68 | -13.5% |
| Recurring financial charges | 65 | €501 | €141 | -€359 | -71.8% |
| Non-recurring financial charges | 66B | - | €292 | +€292 | |
| Profit (loss) for the period before taxes | 9903 | €584,059 | €564,986 | -€19,073 | -3.3% |
| Income taxes | 67/77 | €177,888 | €175,996 | -€1,892 | -1.1% |
| Profit (loss) for the period | 9904 | €406,171 | €388,990 | -€17,181 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €406,171 | €388,990 | -€17,181 | -4.2% |
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 1 November 2026 via checked.be.