CHIVU OLIMPIA: 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.
CHIVU OLIMPIA
Largest movements
- Tangible fixed assets -€21,927
down €21,927 (-7.6%), from €290,001 to €268,074
of which Plant, machinery and equipment: -€11,625
- Cash +€11,685
up €11,685 (+116%), from €10,039 to €21,724
mainly Net result for the year (+€58,878) and Depreciation (+€28,427)
- Deferred charges and accrued income +€11,000
up €11,000 (+27.5%), from €40,000 to €51,000
- Receivables within one year +€7,837
up €7,837 (+97.4%), from €8,045 to €15,881
of which Other amounts receivable: +€7,417
- Reserves +€42,000
up €42,000 (+80.8%), from €52,000 to €94,000
- Debts after one year -€36,069
down €36,069 (-31.9%), from €112,924 to €76,855
- Profit (loss) carried forward +€16,878
up €16,878 (+23.0%), from €73,401 to €90,279
- Trade debts -€9,494
no longer reported in 2025 (was €9,494)
- Other debts -€8,838
no longer reported in 2025 (was €8,838)
- Gross operating margin +€19,561
up €19,561 (+20.4%), from €95,954 to €115,515
- Depreciation +€8,036
up €8,036 (+39.4%), from €20,391 to €28,427
- Taxes +€4,243
up €4,243 (+25.0%), from €16,956 to €21,198
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 | €348,084 | €356,679 | +€8,595 | +2.5% |
| Fixed assets | 21/28 | €290,001 | €268,074 | -€21,927 | -7.6% |
| Tangible fixed assets | 22/27 | €290,001 | €268,074 | -€21,927 | -7.6% |
| Land and buildings | 22 | €138,885 | €133,661 | -€5,224 | -3.8% |
| Plant, machinery and equipment | 23 | €108,118 | €96,492 | -€11,625 | -10.8% |
| Furniture and vehicles | 24 | €42,998 | €31,420 | -€11,578 | -26.9% |
| Assets under construction and advance payments | 27 | - | €6,500 | +€6,500 | |
| Current assets | 29/58 | €58,083 | €88,605 | +€30,522 | +52.5% |
| Amounts receivable within one year | 40/41 | €8,045 | €15,881 | +€7,837 | +97.4% |
| Trade receivables | 40 | - | €420 | +€420 | |
| Other amounts receivable | 41 | €8,045 | €15,461 | +€7,417 | +92.2% |
| Cash at bank and in hand | 54/58 | €10,039 | €21,724 | +€11,685 | +116% |
| Deferred charges and accrued income | 490/1 | €40,000 | €51,000 | +€11,000 | +27.5% |
| Total equity and liabilities | 10/49 | €348,084 | €356,679 | +€8,595 | +2.5% |
| Equity | 10/15 | €181,051 | €239,929 | +€58,878 | +32.5% |
| Contributions | 10/11 | €55,650 | €55,650 | = | 0.0% |
| Reserves | 13 | €52,000 | €94,000 | +€42,000 | +80.8% |
| Distributable reserves | 133 | €52,000 | €94,000 | +€42,000 | +80.8% |
| Profit (loss) carried forward | 14 | €73,401 | €90,279 | +€16,878 | +23.0% |
| Amounts payable | 17/49 | €167,034 | €116,750 | -€50,284 | -30.1% |
| Amounts payable after more than one year | 17 | €112,924 | €76,855 | -€36,069 | -31.9% |
| Financial debts | 170/4 | €112,924 | €76,855 | -€36,069 | -31.9% |
| Amounts payable within one year | 42/48 | €54,110 | €39,895 | -€14,215 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €35,778 | €37,202 | +€1,424 | +4.0% |
| Trade debts | 44 | €9,494 | - | -€9,494 | |
| Suppliers | 440/4 | €9,494 | - | -€9,494 | |
| Taxes, remuneration and social security | 45 | - | €2,693 | +€2,693 | |
| Remuneration and social security | 454/9 | - | €2,693 | +€2,693 | |
| Other amounts payable | 47/48 | €8,838 | - | -€8,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,391 | €28,427 | +€8,036 | +39.4% |
| Other operating charges | 640/8 | €1,329 | €1,371 | +€42 | +3.2% |
| Gross operating margin | 9900 | €95,954 | €115,515 | +€19,561 | +20.4% |
| Operating profit (loss) | 9901 | €74,234 | €85,717 | +€11,482 | +15.5% |
| Financial income | 75/76B | - | €76 | +€76 | |
| Recurring financial income | 75 | - | €76 | +€76 | |
| Financial charges | 65/66B | €6,448 | €5,717 | -€732 | -11.3% |
| Recurring financial charges | 65 | €6,448 | €5,717 | -€732 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €67,786 | €80,077 | +€12,291 | +18.1% |
| Income taxes | 67/77 | €16,956 | €21,198 | +€4,243 | +25.0% |
| Profit (loss) for the period | 9904 | €50,831 | €58,878 | +€8,048 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,831 | €58,878 | +€8,048 | +15.8% |
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 29 October 2026 via checked.be.