TAVANS OPTICAL: 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.
TAVANS OPTICAL
Largest movements
- Cash +€619,459
up €619,459 (+227%), from €273,317 to €892,777
mainly Current investments (+€600,000) and Net result for the year (+€189,992)
- Current investments -€600,000
down €600,000 (-100%), from €600,000 to €0
- Receivables within one year -€37,992
down €37,992 (-26.6%), from €142,811 to €104,819
of which Other amounts receivable: -€23,345
- Stocks and contracts +€15,992
up €15,992 (+4.5%), from €354,555 to €370,547
- Other debts -€229,450
down €229,450 (-38.0%), from €604,172 to €374,722
- Reserves +€189,992
up €189,992 (+28.2%), from €673,675 to €863,667
- Tax, wage and social debts +€54,379
up €54,379 (+75.9%), from €71,626 to €126,005
of which Taxes: +€52,519
- Write-downs -€70,693
down €70,693, from €8,470 to -€62,223
- Staff costs +€20,689
up €20,689 (+22.7%), from €91,312 to €112,001
- Taxes +€17,197
up €17,197 (+24.0%), from €71,609 to €88,806
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 | €1,448,471 | €1,443,391 | -€5,079 | -0.4% |
| Fixed assets | 21/28 | €63,257 | €64,899 | +€1,642 | +2.6% |
| Tangible fixed assets | 22/27 | €60,282 | €61,925 | +€1,642 | +2.7% |
| Land and buildings | 22 | €5,915 | €5,048 | -€867 | -14.7% |
| Plant, machinery and equipment | 23 | €52,334 | €49,072 | -€3,263 | -6.2% |
| Furniture and vehicles | 24 | - | €7,805 | +€7,805 | |
| Other tangible fixed assets | 26 | €2,033 | €0 | -€2,033 | -100% |
| Financial fixed assets | 28 | €2,975 | €2,975 | = | 0.0% |
| Current assets | 29/58 | €1,385,214 | €1,378,492 | -€6,722 | -0.5% |
| Stocks and contracts in progress | 3 | €354,555 | €370,547 | +€15,992 | +4.5% |
| Stocks | 30/36 | €354,555 | €370,547 | +€15,992 | +4.5% |
| Amounts receivable within one year | 40/41 | €142,811 | €104,819 | -€37,992 | -26.6% |
| Trade receivables | 40 | €20,634 | €5,986 | -€14,648 | -71.0% |
| Other amounts receivable | 41 | €122,178 | €98,833 | -€23,345 | -19.1% |
| Current investments | 50/53 | €600,000 | €0 | -€600,000 | -100% |
| Cash at bank and in hand | 54/58 | €273,317 | €892,777 | +€619,459 | +227% |
| Deferred charges and accrued income | 490/1 | €14,530 | €10,350 | -€4,181 | -28.8% |
| Total equity and liabilities | 10/49 | €1,448,471 | €1,443,391 | -€5,079 | -0.4% |
| Equity | 10/15 | €673,675 | €863,667 | +€189,992 | +28.2% |
| Reserves | 13 | €673,675 | €863,667 | +€189,992 | +28.2% |
| Distributable reserves | 133 | €673,675 | €863,667 | +€189,992 | +28.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €774,796 | €579,724 | -€195,072 | -25.2% |
| Amounts payable after more than one year | 17 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Financial debts | 170/4 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Amounts payable within one year | 42/48 | €748,563 | €558,129 | -€190,435 | -25.4% |
| Trade debts | 44 | €59,534 | €45,828 | -€13,705 | -23.0% |
| Suppliers | 440/4 | €59,534 | €45,828 | -€13,705 | -23.0% |
| Advances received on contracts in progress | 46 | €13,231 | €11,574 | -€1,657 | -12.5% |
| Taxes, remuneration and social security | 45 | €71,626 | €126,005 | +€54,379 | +75.9% |
| Taxes | 450/3 | €48,414 | €100,933 | +€52,519 | +108% |
| Remuneration and social security | 454/9 | €23,212 | €25,072 | +€1,859 | +8.0% |
| Other amounts payable | 47/48 | €604,172 | €374,722 | -€229,450 | -38.0% |
| Accrued charges and deferred income | 492/3 | €1,233 | €1,596 | +€363 | +29.4% |
| Remuneration, social security and pensions | 62 | €91,312 | €112,001 | +€20,689 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,630 | €9,084 | -€1,545 | -14.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,470 | -€62,223 | -€70,693 | |
| Other operating charges | 640/8 | €1,836 | €2,848 | +€1,012 | +55.1% |
| Non-recurring operating charges | 66A | €3,280 | €2,276 | -€1,004 | -30.6% |
| Gross operating margin | 9900 | €334,485 | €332,635 | -€1,850 | -0.6% |
| Operating profit (loss) | 9901 | €218,957 | €268,649 | +€49,692 | +22.7% |
| Financial income | 75/76B | €17,788 | €16,519 | -€1,269 | -7.1% |
| Recurring financial income | 75 | €17,788 | €16,519 | -€1,269 | -7.1% |
| Financial charges | 65/66B | €3,869 | €6,369 | +€2,501 | +64.6% |
| Recurring financial charges | 65 | €3,869 | €6,369 | +€2,501 | +64.6% |
| Profit (loss) for the period before taxes | 9903 | €232,876 | €278,798 | +€45,922 | +19.7% |
| Income taxes | 67/77 | €71,609 | €88,806 | +€17,197 | +24.0% |
| Profit (loss) for the period | 9904 | €161,266 | €189,992 | +€28,726 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €161,266 | €189,992 | +€28,726 | +17.8% |
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 19 October 2026 via checked.be.