OPHTHALIA: what changed
Two fiscal 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.
OPHTHALIA
Largest movements
- Cash +€326,181
up €326,181 (+105.1%), from €310,241 to €636,422
mainly Net result for the year (+€294,111) and Deferred charges and accrued income (+€38,501)
- Deferred charges and accrued income -€38,501
no longer reported in 2025 (was €38,501)
- Current investments +€25,388
up €25,388 (+4.6%), from €546,019 to €571,407
- Reserves +€294,111
up €294,111 (+33.4%), from €879,923 to €1.2m
- Gross operating margin +€36,479
up €36,479 (+10.1%), from €362,900 to €399,379
- Financial income +€33,041
up €33,041 (+756.0%), from €4,370 to €37,411
of which Non-recurring financial income: +€31,984
- Taxes +€22,878
up €22,878 (+20.9%), from €109,357 to €132,235
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.
Cash bridge derived
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 | €920,152 | €1,224,361 | +€304,208 | +33.1% |
| Fixed assets | 21/28 | €25,391 | €16,437 | -€8,954 | -35.3% |
| Tangible fixed assets | 22/27 | €25,341 | €16,387 | -€8,954 | -35.3% |
| Plant, machinery and equipment | 23 | €17,019 | €11,285 | -€5,734 | -33.7% |
| Furniture and vehicles | 24 | €8,322 | €5,102 | -€3,220 | -38.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €894,761 | €1,207,924 | +€313,163 | +35.0% |
| Amounts receivable within one year | 40/41 | - | €94 | +€94 | |
| Trade receivables | 40 | - | €94 | +€94 | |
| Current investments | 50/53 | €546,019 | €571,407 | +€25,388 | +4.6% |
| Cash at bank and in hand | 54/58 | €310,241 | €636,422 | +€326,181 | +105.1% |
| Deferred charges and accrued income | 490/1 | €38,501 | - | -€38,501 | |
| Total equity and liabilities | 10/49 | €920,152 | €1,224,361 | +€304,208 | +33.1% |
| Equity | 10/15 | €884,923 | €1,179,034 | +€294,111 | +33.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €879,923 | €1,174,034 | +€294,111 | +33.4% |
| Distributable reserves | 133 | €879,923 | €1,174,034 | +€294,111 | +33.4% |
| Amounts payable | 17/49 | €35,229 | €45,327 | +€10,097 | +28.7% |
| Amounts payable within one year | 42/48 | €35,229 | €45,327 | +€10,097 | +28.7% |
| Trade debts | 44 | €999 | - | -€999 | |
| Suppliers | 440/4 | €999 | - | -€999 | |
| Taxes, remuneration and social security | 45 | €29,568 | €40,551 | +€10,983 | +37.1% |
| Taxes | 450/3 | €29,568 | €40,551 | +€10,983 | +37.1% |
| Other amounts payable | 47/48 | €4,663 | €4,776 | +€113 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,218 | €8,429 | -€2,788 | -24.9% |
| Other operating charges | 640/8 | €671 | €1,931 | +€1,261 | +188.0% |
| Gross operating margin | 9900 | €362,900 | €399,379 | +€36,479 | +10.1% |
| Operating profit (loss) | 9901 | €351,012 | €389,019 | +€38,007 | +10.8% |
| Financial income | 75/76B | €4,370 | €37,411 | +€33,041 | +756.0% |
| Recurring financial income | 75 | €4,370 | €5,427 | +€1,057 | +24.2% |
| Non-recurring financial income | 76B | - | €31,984 | +€31,984 | |
| Financial charges | 65/66B | €94 | €83 | -€11 | -11.5% |
| Recurring financial charges | 65 | €94 | €83 | -€11 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €355,288 | €426,346 | +€71,058 | +20.0% |
| Income taxes | 67/77 | €109,357 | €132,235 | +€22,878 | +20.9% |
| Profit (loss) for the period | 9904 | €245,931 | €294,111 | +€48,180 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €245,931 | €294,111 | +€48,180 | +19.6% |
Source: filed annual accounts (NBB), fiscal 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 October 2026 via checked.be.