Dr. Olivia Cools: 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.
Dr. Olivia Cools
Largest movements
- Cash +€79,554
up €79,554 (+76.5%), from €103,924 to €183,479
mainly Net result for the year (+€192,495) and Other debts (+€64,151)
- Tangible fixed assets -€15,336
down €15,336 (-43.1%), from €35,567 to €20,230
of which Furniture and vehicles: -€14,467
- Deferred charges and accrued income -€15,200
down €15,200 (-13.3%), from €114,705 to €99,505
- Other debts +€64,151
up €64,151 (+32.0%), from €200,528 to €264,680
- Tax, wage and social debts -€14,167
down €14,167 (-28.5%), from €49,713 to €35,546
- Gross operating margin -€16,672
down €16,672 (-5.9%), from €283,687 to €267,015
- Taxes -€5,690
down €5,690 (-8.9%), from €63,967 to €58,277
- Financial income -€2,922
down €2,922 (-81.4%), from €3,590 to €668
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 | €254,662 | €303,214 | +€48,552 | +19.1% |
| Formation expenses | 20 | €465 | €0 | -€465 | -100.0% |
| Fixed assets | 21/28 | €35,567 | €20,230 | -€15,336 | -43.1% |
| Tangible fixed assets | 22/27 | €35,567 | €20,230 | -€15,336 | -43.1% |
| Plant, machinery and equipment | 23 | €1,862 | €411 | -€1,451 | -77.9% |
| Furniture and vehicles | 24 | €33,705 | €19,237 | -€14,467 | -42.9% |
| Other tangible fixed assets | 26 | - | €582 | +€582 | |
| Current assets | 29/58 | €218,630 | €282,983 | +€64,354 | +29.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €103,924 | €183,479 | +€79,554 | +76.5% |
| Deferred charges and accrued income | 490/1 | €114,705 | €99,505 | -€15,200 | -13.3% |
| Total equity and liabilities | 10/49 | €254,662 | €303,214 | +€48,552 | +19.1% |
| Equity | 10/15 | €2,413 | €2,409 | -€5 | -0.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €913 | €909 | -€5 | -0.5% |
| Distributable reserves | 133 | €913 | €909 | -€5 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €252,248 | €300,805 | +€48,557 | +19.2% |
| Amounts payable within one year | 42/48 | €252,041 | €300,805 | +€48,764 | +19.3% |
| Trade debts | 44 | €1,800 | €579 | -€1,221 | -67.8% |
| Suppliers | 440/4 | €1,800 | €579 | -€1,221 | -67.8% |
| Taxes, remuneration and social security | 45 | €49,713 | €35,546 | -€14,167 | -28.5% |
| Taxes | 450/3 | €49,713 | €35,546 | -€14,167 | -28.5% |
| Other amounts payable | 47/48 | €200,528 | €264,680 | +€64,151 | +32.0% |
| Accrued charges and deferred income | 492/3 | €207 | €0 | -€207 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,101 | €15,802 | -€300 | -1.9% |
| Other operating charges | 640/8 | €282 | €948 | +€666 | +236.6% |
| Gross operating margin | 9900 | €283,687 | €267,015 | -€16,672 | -5.9% |
| Operating profit (loss) | 9901 | €267,304 | €250,265 | -€17,039 | -6.4% |
| Financial income | 75/76B | €3,590 | €668 | -€2,922 | -81.4% |
| Recurring financial income | 75 | €3,590 | €668 | -€2,922 | -81.4% |
| Financial charges | 65/66B | €140 | €160 | +€21 | +14.8% |
| Recurring financial charges | 65 | €140 | €160 | +€21 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €270,755 | €250,772 | -€19,983 | -7.4% |
| Income taxes | 67/77 | €63,967 | €58,277 | -€5,690 | -8.9% |
| Profit (loss) for the period | 9904 | €206,788 | €192,495 | -€14,293 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €206,788 | €192,495 | -€14,293 | -6.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.