EL OLIVO: what changed
EL OLIVO
Largest movements
- Tangible fixed assets -€13,797
down €13,797 (-35.5%), from €38,872 to €25,075
- Stocks and contracts -€7,325
down €7,325 (-26.1%), from €28,088 to €20,763
- Receivables within one year -€4,041
down €4,041 (-28.5%), from €14,171 to €10,130
of which Trade receivables: -€4,041
- Reserves -€45,849
down €45,849 (-81.4%), from €56,357 to €10,508
- Other debts +€15,695
up €15,695 (+26.8%), from €58,592 to €74,287
- Tax, wage and social debts +€3,170
up €3,170 (+24.5%), from €12,954 to €16,124
- Profit (loss) carried forward +€3,084
up €3,084, from -€3,084 to €0
- Gross operating margin -€4,304
down €4,304 (-14.6%), from €29,491 to €25,188
- Taxes -€3,636
down €3,636 (-84.9%), from €4,282 to €646
- Other operating charges -€1,163
down €1,163 (-8.1%), from €14,342 to €13,179
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,978 | €102,025 | -€24,953 | -19.7% |
| Fixed assets | 21/28 | €40,072 | €26,275 | -€13,797 | -34.4% |
| Tangible fixed assets | 22/27 | €38,872 | €25,075 | -€13,797 | -35.5% |
| Furniture and vehicles | 24 | €38,872 | €25,075 | -€13,797 | -35.5% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €86,906 | €75,750 | -€11,156 | -12.8% |
| Stocks and contracts in progress | 3 | €28,088 | €20,763 | -€7,325 | -26.1% |
| Stocks | 30/36 | €28,088 | €20,763 | -€7,325 | -26.1% |
| Amounts receivable within one year | 40/41 | €14,171 | €10,130 | -€4,041 | -28.5% |
| Trade receivables | 40 | €14,171 | €10,130 | -€4,041 | -28.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44,647 | €44,857 | +€210 | +0.5% |
| Total equity and liabilities | 10/49 | €126,978 | €102,025 | -€24,953 | -19.7% |
| Equity | 10/15 | €54,273 | €11,508 | -€42,765 | -78.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €56,357 | €10,508 | -€45,849 | -81.4% |
| Distributable reserves | 133 | €56,357 | €10,508 | -€45,849 | -81.4% |
| Profit (loss) carried forward | 14 | -€3,084 | €0 | +€3,084 | |
| Amounts payable | 17/49 | €72,705 | €90,517 | +€17,812 | +24.5% |
| Amounts payable within one year | 42/48 | €72,705 | €90,517 | +€17,812 | +24.5% |
| Trade debts | 44 | €1,159 | €106 | -€1,053 | -90.9% |
| Suppliers | 440/4 | €1,159 | €106 | -€1,053 | -90.9% |
| Taxes, remuneration and social security | 45 | €12,954 | €16,124 | +€3,170 | +24.5% |
| Taxes | 450/3 | €12,954 | €16,124 | +€3,170 | +24.5% |
| Other amounts payable | 47/48 | €58,592 | €74,287 | +€15,695 | +26.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,797 | €13,797 | = | 0.0% |
| Other operating charges | 640/8 | €14,342 | €13,179 | -€1,163 | -8.1% |
| Gross operating margin | 9900 | €29,491 | €25,188 | -€4,304 | -14.6% |
| Operating profit (loss) | 9901 | €1,353 | -€1,788 | -€3,141 | |
| Financial income | 75/76B | €32 | €2 | -€30 | -95.0% |
| Recurring financial income | 75 | €32 | €2 | -€30 | -95.0% |
| Financial charges | 65/66B | €188 | €333 | +€146 | +77.5% |
| Recurring financial charges | 65 | €188 | €333 | +€146 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €1,197 | -€2,119 | -€3,317 | |
| Income taxes | 67/77 | €4,282 | €646 | -€3,636 | -84.9% |
| Profit (loss) for the period | 9904 | -€3,084 | -€2,765 | +€319 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,084 | -€2,765 | +€319 | +10.4% |
Next steps
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 8 November 2026 via checked.be.