Optical Design & Management: 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.
Optical Design & Management
Largest movements
- Current investments +€2.5m
new in 2025: €2.5m
- Cash -€1.9m
down €1.9m (-98.3%), from €1.9m to €32,544
mainly Current investments (-€2.5m) and Investment in fixed assets (net) (-€168,000)
- Tangible fixed assets +€147,124
up €147,124 (+47.7%), from €308,277 to €455,401
of which Furniture and vehicles: +€159,600
- Receivables within one year +€67,440
up €67,440 (+48.8%), from €138,167 to €205,607
of which Other amounts receivable: +€83,947
- Profit (loss) carried forward +€558,000
up €558,000, from -€5,431 to €552,569
- Reserves +€365,552
up €365,552 (+17.3%), from €2.1m to €2.5m
of which Distributable reserves: +€365,552
- Tax, wage and social debts -€99,598
down €99,598 (-51.6%), from €192,943 to €93,345
- Financial income -€832,437
down €832,437 (-45.9%), from €1.8m to €979,352
- Taxes -€69,795
down €69,795 (-35.5%), from €196,590 to €126,795
- Gross operating margin +€10,671
up €10,671 (+8.6%), from €123,497 to €134,168
- Depreciation +€7,124
up €7,124 (+51.8%), from €13,752 to €20,876
- Other operating charges +€3,145
up €3,145 (+112%), from €2,798 to €5,943
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 | €2,484,618 | €3,293,852 | +€809,234 | +32.6% |
| Fixed assets | 21/28 | €458,577 | €605,701 | +€147,124 | +32.1% |
| Tangible fixed assets | 22/27 | €308,277 | €455,401 | +€147,124 | +47.7% |
| Land and buildings | 22 | €306,314 | €295,347 | -€10,967 | -3.6% |
| Plant, machinery and equipment | 23 | €496 | - | -€496 | |
| Furniture and vehicles | 24 | - | €159,600 | +€159,600 | |
| Other tangible fixed assets | 26 | €1,467 | €454 | -€1,013 | -69.1% |
| Financial fixed assets | 28 | €150,300 | €150,300 | = | 0.0% |
| Current assets | 29/58 | €2,026,041 | €2,688,151 | +€662,110 | +32.7% |
| Amounts receivable within one year | 40/41 | €138,167 | €205,607 | +€67,440 | +48.8% |
| Trade receivables | 40 | €42,862 | €26,355 | -€16,507 | -38.5% |
| Other amounts receivable | 41 | €95,305 | €179,252 | +€83,947 | +88.1% |
| Current investments | 50/53 | - | €2,450,000 | +€2.5m | |
| Cash at bank and in hand | 54/58 | €1,887,874 | €32,544 | -€1.9m | -98.3% |
| Total equity and liabilities | 10/49 | €2,484,618 | €3,293,852 | +€809,234 | +32.6% |
| Equity | 10/15 | €2,120,989 | €3,044,541 | +€923,552 | +43.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €2,113,920 | €2,479,472 | +€365,552 | +17.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,112,060 | €2,477,612 | +€365,552 | +17.3% |
| Profit (loss) carried forward | 14 | -€5,431 | €552,569 | +€558,000 | |
| Amounts payable | 17/49 | €363,629 | €249,311 | -€114,318 | -31.4% |
| Amounts payable after more than one year | 17 | €150,933 | €133,184 | -€17,749 | -11.8% |
| Financial debts | 170/4 | €150,933 | €133,184 | -€17,749 | -11.8% |
| Amounts payable within one year | 42/48 | €212,696 | €116,126 | -€96,570 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €19,017 | €22,316 | +€3,299 | +17.3% |
| Trade debts | 44 | €176 | €465 | +€289 | +164% |
| Suppliers | 440/4 | €176 | €465 | +€289 | +164% |
| Taxes, remuneration and social security | 45 | €192,943 | €93,345 | -€99,598 | -51.6% |
| Taxes | 450/3 | €192,943 | €93,345 | -€99,598 | -51.6% |
| Other amounts payable | 47/48 | €560 | - | -€560 | |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,752 | €20,876 | +€7,124 | +51.8% |
| Other operating charges | 640/8 | €2,798 | €5,943 | +€3,145 | +112% |
| Gross operating margin | 9900 | €123,497 | €134,168 | +€10,671 | +8.6% |
| Operating profit (loss) | 9901 | €106,947 | €107,349 | +€402 | +0.4% |
| Financial income | 75/76B | €1,811,789 | €979,352 | -€832,437 | -45.9% |
| Recurring financial income | 75 | €1,811,789 | €979,352 | -€832,437 | -45.9% |
| Financial charges | 65/66B | €4,303 | €7,278 | +€2,975 | +69.1% |
| Recurring financial charges | 65 | €4,303 | €7,278 | +€2,975 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | €1,914,433 | €1,079,423 | -€835,010 | -43.6% |
| Income taxes | 67/77 | €196,590 | €126,795 | -€69,795 | -35.5% |
| Profit (loss) for the period | 9904 | €1,717,843 | €952,628 | -€765,215 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,717,843 | €952,628 | -€765,215 | -44.5% |
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 15 October 2026 via checked.be.