VANH OPHTALMO: 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.
VANH OPHTALMO
Largest movements
- Tangible fixed assets +€97,408
up €97,408 (+7,049%), from €1,382 to €98,790
- Cash +€70,524
up €70,524 (+67.6%), from €104,291 to €174,816
mainly Net result for the year (+€153,841) and Depreciation (+€23,164)
- Deferred charges and accrued income -€18,316
down €18,316 (-25.9%), from €70,584 to €52,268
- Receivables within one year -€6,770
down €6,770 (-67.7%), from €10,000 to €3,230
- Profit (loss) carried forward +€153,841
up €153,841 (+122%), from €126,380 to €280,221
- Other debts -€20,635
no longer reported in 2025 (was €20,635)
- Tax, wage and social debts +€10,046
up €10,046 (+27.3%), from €36,756 to €46,803
- Gross operating margin +€54,317
up €54,317 (+31.9%), from €170,507 to €224,824
- Depreciation +€22,659
up €22,659 (+4,482%), from €506 to €23,164
- Taxes +€10,046
up €10,046 (+27.3%), from €36,756 to €46,803
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 | €186,257 | €329,104 | +€142,847 | +76.7% |
| Fixed assets | 21/28 | €1,382 | €98,790 | +€97,408 | +7,049% |
| Tangible fixed assets | 22/27 | €1,382 | €98,790 | +€97,408 | +7,049% |
| Furniture and vehicles | 24 | €1,382 | €98,790 | +€97,408 | +7,049% |
| Current assets | 29/58 | €184,875 | €230,314 | +€45,439 | +24.6% |
| Amounts receivable within one year | 40/41 | €10,000 | €3,230 | -€6,770 | -67.7% |
| Other amounts receivable | 41 | €10,000 | €3,230 | -€6,770 | -67.7% |
| Cash at bank and in hand | 54/58 | €104,291 | €174,816 | +€70,524 | +67.6% |
| Deferred charges and accrued income | 490/1 | €70,584 | €52,268 | -€18,316 | -25.9% |
| Total equity and liabilities | 10/49 | €186,257 | €329,104 | +€142,847 | +76.7% |
| Equity | 10/15 | €127,380 | €281,221 | +€153,841 | +121% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,380 | €280,221 | +€153,841 | +122% |
| Amounts payable | 17/49 | €58,877 | €47,883 | -€10,994 | -18.7% |
| Amounts payable within one year | 42/48 | €57,500 | €47,236 | -€10,263 | -17.8% |
| Trade debts | 44 | €108 | €433 | +€326 | +302% |
| Suppliers | 440/4 | €108 | €433 | +€326 | +302% |
| Taxes, remuneration and social security | 45 | €36,756 | €46,803 | +€10,046 | +27.3% |
| Taxes | 450/3 | €36,756 | €46,803 | +€10,046 | +27.3% |
| Other amounts payable | 47/48 | €20,635 | - | -€20,635 | |
| Accrued charges and deferred income | 492/3 | €1,378 | €647 | -€731 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506 | €23,164 | +€22,659 | +4,482% |
| Other operating charges | 640/8 | - | €162 | +€162 | |
| Non-recurring operating charges | 66A | - | €58 | +€58 | |
| Gross operating margin | 9900 | €170,507 | €224,824 | +€54,317 | +31.9% |
| Operating profit (loss) | 9901 | €170,002 | €201,439 | +€31,437 | +18.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €114 | €795 | +€681 | +595% |
| Recurring financial charges | 65 | €114 | €795 | +€681 | +595% |
| Profit (loss) for the period before taxes | 9903 | €169,888 | €200,644 | +€30,756 | +18.1% |
| Income taxes | 67/77 | €36,756 | €46,803 | +€10,046 | +27.3% |
| Profit (loss) for the period | 9904 | €133,132 | €153,841 | +€20,709 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €133,132 | €153,841 | +€20,709 | +15.6% |
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 16 October 2026 via checked.be.