OPTIQUE LETERME: 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 LETERME
Largest movements
- Cash +€100,636
up €100,636 (+70.8%), from €142,167 to €242,803
mainly Other debts (+€195,752) and Net result for the year (+€138,001)
- Other debts +€195,752
up €195,752 (+629%), from €31,131 to €226,883
- Reserves -€86,999
down €86,999 (-16.5%), from €527,786 to €440,786
- Tax, wage and social debts +€11,633
up €11,633 (+202%), from €5,758 to €17,391
of which Taxes: +€11,426
- Gross operating margin +€55,378
up €55,378 (+31.9%), from €173,401 to €228,779
- Taxes +€15,011
up €15,011 (+64.2%), from €23,377 to €38,388
- Depreciation +€10,705
up €10,705 (+28.3%), from €37,765 to €48,470
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 | €581,045 | €701,987 | +€120,941 | +20.8% |
| Fixed assets | 21/28 | €382,531 | €388,835 | +€6,303 | +1.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €382,531 | €388,835 | +€6,303 | +1.6% |
| Land and buildings | 22 | €285,660 | €265,165 | -€20,495 | -7.2% |
| Plant, machinery and equipment | 23 | €28,592 | €64,262 | +€35,670 | +125% |
| Furniture and vehicles | 24 | €68,279 | €59,408 | -€8,872 | -13.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €198,514 | €313,152 | +€114,638 | +57.7% |
| Stocks and contracts in progress | 3 | €44,031 | €50,850 | +€6,819 | +15.5% |
| Stocks | 30/36 | €44,031 | €50,850 | +€6,819 | +15.5% |
| Amounts receivable within one year | 40/41 | €6,804 | €8,462 | +€1,658 | +24.4% |
| Trade receivables | 40 | €36 | €1,693 | +€1,658 | +4,657% |
| Other amounts receivable | 41 | €6,769 | €6,769 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €142,167 | €242,803 | +€100,636 | +70.8% |
| Deferred charges and accrued income | 490/1 | €5,512 | €11,038 | +€5,526 | +100% |
| Total equity and liabilities | 10/49 | €581,045 | €701,987 | +€120,941 | +20.8% |
| Equity | 10/15 | €530,786 | €443,786 | -€86,999 | -16.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €527,786 | €440,786 | -€86,999 | -16.5% |
| Distributable reserves | 133 | €527,786 | €440,786 | -€86,999 | -16.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €50,260 | €258,200 | +€207,940 | +414% |
| Amounts payable within one year | 42/48 | €50,260 | €258,200 | +€207,940 | +414% |
| Trade debts | 44 | €13,371 | €13,927 | +€556 | +4.2% |
| Suppliers | 440/4 | €13,371 | €13,927 | +€556 | +4.2% |
| Taxes, remuneration and social security | 45 | €5,758 | €17,391 | +€11,633 | +202% |
| Taxes | 450/3 | €1,908 | €13,334 | +€11,426 | +599% |
| Remuneration and social security | 454/9 | €3,850 | €4,056 | +€206 | +5.4% |
| Other amounts payable | 47/48 | €31,131 | €226,883 | +€195,752 | +629% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,765 | €48,470 | +€10,705 | +28.3% |
| Other operating charges | 640/8 | €4,239 | €3,295 | -€944 | -22.3% |
| Non-recurring operating charges | 66A | €844 | €0 | -€844 | -100% |
| Gross operating margin | 9900 | €173,401 | €228,779 | +€55,378 | +31.9% |
| Operating profit (loss) | 9901 | €130,553 | €177,014 | +€46,461 | +35.6% |
| Financial income | 75/76B | €1,936 | €1,705 | -€230 | -11.9% |
| Recurring financial income | 75 | €1,936 | €1,705 | -€230 | -11.9% |
| Financial charges | 65/66B | €3,346 | €2,330 | -€1,016 | -30.4% |
| Recurring financial charges | 65 | €3,346 | €2,330 | -€1,016 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €129,143 | €176,389 | +€47,246 | +36.6% |
| Income taxes | 67/77 | €23,377 | €38,388 | +€15,011 | +64.2% |
| Profit (loss) for the period | 9904 | €105,765 | €138,001 | +€32,235 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €105,765 | €138,001 | +€32,235 | +30.5% |
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 24 October 2026 via checked.be.