THEIA OPTICS: what changed
What changed
THEIA OPTICS
NACE 47.742, Retail sale of prescription glasses, lenses and sunglasses
filed annual accounts (NBB)
Net result for the year
€14,967
2024 · €7,757+€7,210
Equity
€52,737
2024 · €37,770+€14,967
Cash
€53,677
2024 · €31,776+€21,901
Balance sheet total
€87,024
2024 · €74,221+€12,804
Largest movements
Assets
- Cash +€21,901
up €21,901 (+68.9%), from €31,776 to €53,677
mainly Net result for the year (+€14,967) and Depreciation (+€8,122)
- Tangible fixed assets -€8,122
down €8,122 (-25.6%), from €31,774 to €23,653
Equity and liabilities
- Reserves +€15,000
up €15,000 (+42.9%), from €35,000 to €50,000
- Debts after one year -€6,411
down €6,411 (-32.7%), from €19,578 to €13,168
- Tax, wage and social debts +€2,632
up €2,632 (+31.9%), from €8,248 to €10,880
of which Taxes: +€6,225
- Trade debts +€1,320
up €1,320 (+52.6%), from €2,510 to €3,829
Income statement
- Gross operating margin +€31,534
up €31,534 (+133%), from €23,691 to €55,225
- Staff costs +€22,328
up €22,328 (+685%), from €3,258 to €25,585
- Taxes +€2,078
up €2,078 (+79.6%), from €2,612 to €4,690
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€7,757
Gross operating margin
+€31,534
Staff costs
-€22,328
Other operating charges
-€19
Financial income
+€32
Financial charges
+€68
Taxes
-€2,078
Result 2025
€14,967
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€28,016
Investment
€0
Financing
-€6,115
Cash 2024
€31,776
From operations (derived)
+€28,016
Net result for the year
+€14,967
Depreciation
+€8,122
Receivables within one year
+€432
Deferred charges and accrued income
+€544
Trade debts
+€1,320
Tax, wage and social debts
+€2,632
Financing
-€6,115
Debts after one year
-€6,411
Current portion of long-term debt
+€296
Cash 2025
€53,677
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,221 | €87,024 | +€12,804 | +17.3% |
| Fixed assets | 21/28 | €31,774 | €23,653 | -€8,122 | -25.6% |
| Tangible fixed assets | 22/27 | €31,774 | €23,653 | -€8,122 | -25.6% |
| Furniture and vehicles | 24 | €31,774 | €23,653 | -€8,122 | -25.6% |
| Current assets | 29/58 | €42,447 | €63,372 | +€20,925 | +49.3% |
| Amounts receivable within one year | 40/41 | €8,090 | €7,659 | -€432 | -5.3% |
| Trade receivables | 40 | €7,211 | €7,348 | +€138 | +1.9% |
| Other amounts receivable | 41 | €880 | €310 | -€569 | -64.7% |
| Cash at bank and in hand | 54/58 | €31,776 | €53,677 | +€21,901 | +68.9% |
| Deferred charges and accrued income | 490/1 | €2,580 | €2,036 | -€544 | -21.1% |
| Total equity and liabilities | 10/49 | €74,221 | €87,024 | +€12,804 | +17.3% |
| Equity | 10/15 | €37,770 | €52,737 | +€14,967 | +39.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Distributable reserves | 133 | €35,000 | €50,000 | +€15,000 | +42.9% |
| Profit (loss) carried forward | 14 | €270 | €237 | -€33 | -12.1% |
| Amounts payable | 17/49 | €36,451 | €34,287 | -€2,164 | -5.9% |
| Amounts payable after more than one year | 17 | €19,578 | €13,168 | -€6,411 | -32.7% |
| Financial debts | 170/4 | €19,578 | €13,168 | -€6,411 | -32.7% |
| Amounts payable within one year | 42/48 | €16,872 | €21,120 | +€4,247 | +25.2% |
| Current portion of amounts payable after more than one year | 42 | €6,115 | €6,411 | +€296 | +4.8% |
| Trade debts | 44 | €2,510 | €3,829 | +€1,320 | +52.6% |
| Suppliers | 440/4 | €2,510 | €3,829 | +€1,320 | +52.6% |
| Taxes, remuneration and social security | 45 | €8,248 | €10,880 | +€2,632 | +31.9% |
| Taxes | 450/3 | €4,654 | €10,880 | +€6,225 | +134% |
| Remuneration and social security | 454/9 | €3,594 | - | -€3,594 | |
| Remuneration, social security and pensions | 62 | €3,258 | €25,585 | +€22,328 | +685% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,122 | €8,122 | = | 0.0% |
| Other operating charges | 640/8 | €414 | €433 | +€19 | +4.5% |
| Gross operating margin | 9900 | €23,691 | €55,225 | +€31,534 | +133% |
| Operating profit (loss) | 9901 | €11,898 | €21,085 | +€9,188 | +77.2% |
| Financial income | 75/76B | €1 | €33 | +€32 | +3,435% |
| Recurring financial income | 75 | €1 | €33 | +€32 | +3,435% |
| Financial charges | 65/66B | €1,529 | €1,461 | -€68 | -4.5% |
| Recurring financial charges | 65 | €1,529 | €1,461 | -€68 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €10,369 | €19,657 | +€9,288 | +89.6% |
| Income taxes | 67/77 | €2,612 | €4,690 | +€2,078 | +79.6% |
| Profit (loss) for the period | 9904 | €7,757 | €14,967 | +€7,210 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,757 | €14,967 | +€7,210 | +92.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.