De Olm: what changed
Two fiscal 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.
De Olm
Largest movements
- Cash +€68,735
up €68,735 (+7.2%), from €950,356 to €1.0m
mainly Investment in fixed assets (net) (+€50,641) and Net result for the year (+€21,648)
- Tangible fixed assets -€66,887
down €66,887 (-34.4%), from €194,316 to €127,429
of which Assets under construction and advance payments: -€50,641
- Receivables within one year +€16,466
up €16,466 (+163.8%), from €10,051 to €26,517
- Reserves +€21,648
up €21,648 (+15.1%), from €143,063 to €164,711
- Taxes -€15,513
down €15,513 (-58.3%), from €26,602 to €11,089
- Gross operating margin +€1,468
up €1,468 (+1.5%), from €100,547 to €102,015
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.
Cash bridge derived
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 | €1,202,762 | €1,221,458 | +€18,695 | +1.6% |
| Fixed assets | 21/28 | €194,316 | €127,429 | -€66,887 | -34.4% |
| Tangible fixed assets | 22/27 | €194,316 | €127,429 | -€66,887 | -34.4% |
| Land and buildings | 22 | €76,107 | €63,214 | -€12,893 | -16.9% |
| Plant, machinery and equipment | 23 | €552 | €199 | -€353 | -64.0% |
| Furniture and vehicles | 24 | €7,016 | €4,016 | -€3,000 | -42.8% |
| Other tangible fixed assets | 26 | €60,000 | €60,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €50,641 | €0 | -€50,641 | -100.0% |
| Current assets | 29/58 | €1,008,447 | €1,094,029 | +€85,582 | +8.5% |
| Amounts receivable within one year | 40/41 | €10,051 | €26,517 | +€16,466 | +163.8% |
| Other amounts receivable | 41 | €10,051 | €26,517 | +€16,466 | +163.8% |
| Cash at bank and in hand | 54/58 | €950,356 | €1,019,092 | +€68,735 | +7.2% |
| Deferred charges and accrued income | 490/1 | €48,040 | €48,420 | +€381 | +0.8% |
| Total equity and liabilities | 10/49 | €1,202,762 | €1,221,458 | +€18,695 | +1.6% |
| Equity | 10/15 | €1,189,810 | €1,211,458 | +€21,648 | +1.8% |
| Contributions | 10/11 | €350,211 | €350,211 | = | 0.0% |
| Outside capital | 11 | €350,211 | €350,211 | = | 0.0% |
| Other | 1109/19 | €350,211 | €350,211 | = | 0.0% |
| Reserves | 13 | €143,063 | €164,711 | +€21,648 | +15.1% |
| Distributable reserves | 133 | €143,063 | €164,711 | +€21,648 | +15.1% |
| Profit (loss) carried forward | 14 | €696,536 | €696,536 | = | 0.0% |
| Amounts payable | 17/49 | €12,953 | €10,000 | -€2,953 | -22.8% |
| Amounts payable within one year | 42/48 | €12,953 | €10,000 | -€2,953 | -22.8% |
| Trade debts | 44 | €180 | €484 | +€303 | +168.0% |
| Suppliers | 440/4 | €180 | €484 | +€303 | +168.0% |
| Taxes, remuneration and social security | 45 | €12,772 | €9,516 | -€3,256 | -25.5% |
| Taxes | 450/3 | €12,772 | €9,516 | -€3,256 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,246 | €16,246 | = | 0.0% |
| Other operating charges | 640/8 | €3,105 | €3,182 | +€77 | +2.5% |
| Non-recurring operating charges | 66A | - | €50,641 | +€50,641 | |
| Gross operating margin | 9900 | €100,547 | €102,015 | +€1,468 | +1.5% |
| Operating profit (loss) | 9901 | €81,196 | €31,946 | -€49,250 | -60.7% |
| Financial income | 75/76B | €340 | €850 | +€510 | +150.0% |
| Recurring financial income | 75 | €340 | €850 | +€510 | +150.0% |
| Financial charges | 65/66B | €0 | €60 | +€60 | |
| Recurring financial charges | 65 | €0 | €60 | +€60 | |
| Profit (loss) for the period before taxes | 9903 | €81,536 | €32,737 | -€48,800 | -59.9% |
| Income taxes | 67/77 | €26,602 | €11,089 | -€15,513 | -58.3% |
| Profit (loss) for the period | 9904 | €54,934 | €21,648 | -€33,286 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,934 | €21,648 | -€33,286 | -60.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.