OPTIQUE LEDOUX V: 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.
OPTIQUE LEDOUX V
Largest movements
- Cash +€43,400
up €43,400 (+29.5%), from €147,098 to €190,498
mainly Net result for the year (+€63,895) and Other debts (+€34,963)
- Stocks and contracts +€12,530
up €12,530 (+18.4%), from €68,093 to €80,623
- Other debts +€34,963
up €34,963 (+1,063%), from €3,289 to €38,252
- Reserves +€25,644
up €25,644 (+15.9%), from €161,720 to €187,364
of which Distributable reserves: +€25,644
- Tax, wage and social debts +€11,482
up €11,482 (+31.3%), from €36,687 to €48,169
of which Taxes: +€10,932
- Trade debts -€6,276
down €6,276 (-19.0%), from €33,035 to €26,759
- Debts after one year -€4,695
down €4,695 (-26.6%), from €17,638 to €12,943
- Staff costs +€19,457
up €19,457 (+35.6%), from €54,666 to €74,123
- Gross operating margin +€16,616
up €16,616 (+10.2%), from €162,155 to €178,771
- Taxes +€3,345
up €3,345 (+12.6%), from €26,573 to €29,918
- Financial income +€2,632
up €2,632 (+201%), from €1,312 to €3,944
- Depreciation -€2,457
down €2,457 (-23.7%), from €10,382 to €7,925
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 | €333,079 | €394,365 | +€61,286 | +18.4% |
| Fixed assets | 21/28 | €54,179 | €55,506 | +€1,327 | +2.4% |
| Tangible fixed assets | 22/27 | €47,036 | €48,363 | +€1,327 | +2.8% |
| Land and buildings | 22 | €22,756 | €25,442 | +€2,686 | +11.8% |
| Plant, machinery and equipment | 23 | - | €1,141 | +€1,141 | |
| Furniture and vehicles | 24 | €2,331 | €1,617 | -€714 | -30.6% |
| Other tangible fixed assets | 26 | €21,949 | €20,163 | -€1,786 | -8.1% |
| Financial fixed assets | 28 | €7,143 | €7,143 | = | 0.0% |
| Current assets | 29/58 | €278,900 | €338,859 | +€59,959 | +21.5% |
| Stocks and contracts in progress | 3 | €68,093 | €80,623 | +€12,530 | +18.4% |
| Stocks | 30/36 | €68,093 | €80,623 | +€12,530 | +18.4% |
| Amounts receivable within one year | 40/41 | €47,124 | €50,444 | +€3,320 | +7.0% |
| Trade receivables | 40 | €16,071 | €12,106 | -€3,965 | -24.7% |
| Other amounts receivable | 41 | €31,053 | €38,338 | +€7,285 | +23.5% |
| Cash at bank and in hand | 54/58 | €147,098 | €190,498 | +€43,400 | +29.5% |
| Deferred charges and accrued income | 490/1 | €16,585 | €17,294 | +€709 | +4.3% |
| Total equity and liabilities | 10/49 | €333,079 | €394,365 | +€61,286 | +18.4% |
| Equity | 10/15 | €237,904 | €263,548 | +€25,644 | +10.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €161,720 | €187,364 | +€25,644 | +15.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €159,861 | €185,505 | +€25,644 | +16.0% |
| Profit (loss) carried forward | 14 | €57,592 | €57,592 | = | 0.0% |
| Amounts payable | 17/49 | €95,175 | €130,817 | +€35,642 | +37.4% |
| Amounts payable after more than one year | 17 | €17,638 | €12,943 | -€4,695 | -26.6% |
| Financial debts | 170/4 | €17,638 | €12,943 | -€4,695 | -26.6% |
| Amounts payable within one year | 42/48 | €77,537 | €117,874 | +€40,337 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €4,526 | €4,694 | +€168 | +3.7% |
| Trade debts | 44 | €33,035 | €26,759 | -€6,276 | -19.0% |
| Suppliers | 440/4 | €33,035 | €26,759 | -€6,276 | -19.0% |
| Taxes, remuneration and social security | 45 | €36,687 | €48,169 | +€11,482 | +31.3% |
| Taxes | 450/3 | €31,008 | €41,940 | +€10,932 | +35.3% |
| Remuneration and social security | 454/9 | €5,679 | €6,229 | +€550 | +9.7% |
| Other amounts payable | 47/48 | €3,289 | €38,252 | +€34,963 | +1,063% |
| Remuneration, social security and pensions | 62 | €54,666 | €74,123 | +€19,457 | +35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,382 | €7,925 | -€2,457 | -23.7% |
| Other operating charges | 640/8 | €2,427 | €1,725 | -€702 | -28.9% |
| Non-recurring operating charges | 66A | €108 | €264 | +€156 | +144% |
| Gross operating margin | 9900 | €162,155 | €178,771 | +€16,616 | +10.2% |
| Operating profit (loss) | 9901 | €94,572 | €94,734 | +€162 | +0.2% |
| Financial income | 75/76B | €1,312 | €3,944 | +€2,632 | +201% |
| Recurring financial income | 75 | €1,312 | €3,944 | +€2,632 | +201% |
| Financial charges | 65/66B | €5,142 | €4,865 | -€277 | -5.4% |
| Recurring financial charges | 65 | €5,142 | €4,865 | -€277 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €90,742 | €93,813 | +€3,071 | +3.4% |
| Income taxes | 67/77 | €26,573 | €29,918 | +€3,345 | +12.6% |
| Profit (loss) for the period | 9904 | €64,169 | €63,895 | -€274 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,169 | €63,895 | -€274 | -0.4% |
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 13 October 2026 via checked.be.