EUR-OLIVES: 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.
EUR-OLIVES
Largest movements
- Tangible fixed assets -€97,578
down €97,578 (-32.6%), from €299,183 to €201,605
- Receivables within one year -€85,102
down €85,102 (-44.1%), from €193,102 to €108,000
of which Trade receivables: -€74,265
- Cash +€37,432
up €37,432 (+632%), from €5,924 to €43,356
mainly Receivables within one year (+€85,102) and Depreciation (+€50,399)
- Deferred charges and accrued income +€5,058
up €5,058 (+112%), from €4,510 to €9,568
- Debts after one year -€81,043
down €81,043 (-65.1%), from €124,521 to €43,478
- Trade debts -€60,093
down €60,093 (-73.1%), from €82,158 to €22,065
- Profit (loss) carried forward -€30,147
down €30,147 (-32.6%), from €92,354 to €62,207
- Tax, wage and social debts +€19,328
up €19,328 (+39.6%), from €48,856 to €68,184
of which Remuneration and social security: +€23,059
- Other debts +€8,280
up €8,280 (+214%), from €3,873 to €12,153
- Staff costs +€45,753
up €45,753 (+37.1%), from €123,329 to €169,082
- Depreciation -€25,133
down €25,133 (-33.3%), from €75,532 to €50,399
- Financial income -€3,601
down €3,601 (-96.5%), from €3,732 to €131
- Gross operating margin -€2,950
down €2,950 (-1.3%), from €218,760 to €215,811
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 | €502,781 | €362,591 | -€140,191 | -27.9% |
| Fixed assets | 21/28 | €299,245 | €201,667 | -€97,578 | -32.6% |
| Tangible fixed assets | 22/27 | €299,183 | €201,605 | -€97,578 | -32.6% |
| Land and buildings | 22 | €131,274 | €88,906 | -€42,368 | -32.3% |
| Plant, machinery and equipment | 23 | €76,602 | €32,826 | -€43,775 | -57.1% |
| Furniture and vehicles | 24 | €91,308 | €79,873 | -€11,435 | -12.5% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €203,536 | €160,923 | -€42,612 | -20.9% |
| Amounts receivable within one year | 40/41 | €193,102 | €108,000 | -€85,102 | -44.1% |
| Trade receivables | 40 | €127,765 | €53,500 | -€74,265 | -58.1% |
| Other amounts receivable | 41 | €65,337 | €54,500 | -€10,837 | -16.6% |
| Cash at bank and in hand | 54/58 | €5,924 | €43,356 | +€37,432 | +632% |
| Deferred charges and accrued income | 490/1 | €4,510 | €9,568 | +€5,058 | +112% |
| Total equity and liabilities | 10/49 | €502,781 | €362,591 | -€140,191 | -27.9% |
| Equity | 10/15 | €165,814 | €135,667 | -€30,147 | -18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,860 | €54,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €53,000 | €53,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,354 | €62,207 | -€30,147 | -32.6% |
| Amounts payable | 17/49 | €336,967 | €226,923 | -€110,044 | -32.7% |
| Amounts payable after more than one year | 17 | €124,521 | €43,478 | -€81,043 | -65.1% |
| Financial debts | 170/4 | €124,521 | €43,478 | -€81,043 | -65.1% |
| Amounts payable within one year | 42/48 | €212,446 | €183,446 | -€29,001 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €77,559 | €81,043 | +€3,484 | +4.5% |
| Trade debts | 44 | €82,158 | €22,065 | -€60,093 | -73.1% |
| Suppliers | 440/4 | €82,158 | €22,065 | -€60,093 | -73.1% |
| Taxes, remuneration and social security | 45 | €48,856 | €68,184 | +€19,328 | +39.6% |
| Taxes | 450/3 | €27,130 | €23,399 | -€3,731 | -13.8% |
| Remuneration and social security | 454/9 | €21,726 | €44,785 | +€23,059 | +106% |
| Other amounts payable | 47/48 | €3,873 | €12,153 | +€8,280 | +214% |
| Remuneration, social security and pensions | 62 | €123,329 | €169,082 | +€45,753 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,532 | €50,399 | -€25,133 | -33.3% |
| Other operating charges | 640/8 | €9,599 | €11,187 | +€1,588 | +16.5% |
| Gross operating margin | 9900 | €218,760 | €215,811 | -€2,950 | -1.3% |
| Operating profit (loss) | 9901 | €10,300 | -€14,858 | -€25,158 | |
| Financial income | 75/76B | €3,732 | €131 | -€3,601 | -96.5% |
| Recurring financial income | 75 | €3,732 | €131 | -€3,601 | -96.5% |
| Financial charges | 65/66B | €13,173 | €14,284 | +€1,112 | +8.4% |
| Recurring financial charges | 65 | €13,173 | €14,284 | +€1,112 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €860 | -€29,010 | -€29,870 | |
| Income taxes | 67/77 | €1,970 | €1,136 | -€833 | -42.3% |
| Profit (loss) for the period | 9904 | -€1,110 | -€30,147 | -€29,037 | -2,617% |
| Transfer from tax-exempt reserves | 789 | €9,000 | - | -€9,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,890 | -€30,147 | -€38,037 |
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 28 October 2026 via checked.be.