L'OLIVIA: 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.
L'OLIVIA
Largest movements
- Cash +€205,883
up €205,883 (+73.4%), from €280,516 to €486,399
mainly Net result for the year (+€207,219) and Tax, wage and social debts (+€33,972)
- Receivables within one year +€37,367
up €37,367 (+136%), from €27,459 to €64,826
of which Other amounts receivable: +€36,140
- Tangible fixed assets -€9,835
down €9,835 (-6.4%), from €153,766 to €143,931
- Profit (loss) carried forward +€207,219
up €207,219 (+72.8%), from €284,764 to €491,982
- Tax, wage and social debts +€33,972
up €33,972 (+40.0%), from €84,857 to €118,828
of which Remuneration and social security: +€30,196
- Staff costs +€456,548
up €456,548 (+144%), from €316,616 to €773,163
- Gross operating margin +€373,968
up €373,968 (+51.3%), from €728,479 to €1.1m
- Taxes -€24,949
down €24,949 (-28.2%), from €88,508 to €63,559
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 | €493,692 | €733,727 | +€240,034 | +48.6% |
| Fixed assets | 21/28 | €153,971 | €145,636 | -€8,335 | -5.4% |
| Tangible fixed assets | 22/27 | €153,766 | €143,931 | -€9,835 | -6.4% |
| Land and buildings | 22 | €46,891 | €42,800 | -€4,090 | -8.7% |
| Plant, machinery and equipment | 23 | €69,390 | €67,464 | -€1,927 | -2.8% |
| Furniture and vehicles | 24 | €37,485 | €33,667 | -€3,818 | -10.2% |
| Financial fixed assets | 28 | €205 | €1,705 | +€1,500 | +732% |
| Current assets | 29/58 | €339,721 | €588,091 | +€248,369 | +73.1% |
| Stocks and contracts in progress | 3 | €30,947 | €36,216 | +€5,268 | +17.0% |
| Stocks | 30/36 | €30,947 | €36,216 | +€5,268 | +17.0% |
| Amounts receivable within one year | 40/41 | €27,459 | €64,826 | +€37,367 | +136% |
| Trade receivables | 40 | €2,100 | €3,327 | +€1,227 | +58.4% |
| Other amounts receivable | 41 | €25,359 | €61,499 | +€36,140 | +143% |
| Cash at bank and in hand | 54/58 | €280,516 | €486,399 | +€205,883 | +73.4% |
| Deferred charges and accrued income | 490/1 | €800 | €650 | -€150 | -18.7% |
| Total equity and liabilities | 10/49 | €493,692 | €733,727 | +€240,034 | +48.6% |
| Equity | 10/15 | €286,764 | €493,982 | +€207,219 | +72.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284,764 | €491,982 | +€207,219 | +72.8% |
| Amounts payable | 17/49 | €206,929 | €239,744 | +€32,816 | +15.9% |
| Amounts payable within one year | 42/48 | €206,929 | €239,744 | +€32,816 | +15.9% |
| Trade debts | 44 | €122,072 | €120,916 | -€1,156 | -0.9% |
| Suppliers | 440/4 | €122,072 | €120,916 | -€1,156 | -0.9% |
| Taxes, remuneration and social security | 45 | €84,857 | €118,828 | +€33,972 | +40.0% |
| Taxes | 450/3 | €42,877 | €46,653 | +€3,776 | +8.8% |
| Remuneration and social security | 454/9 | €41,979 | €72,175 | +€30,196 | +71.9% |
| Remuneration, social security and pensions | 62 | €316,616 | €773,163 | +€456,548 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,444 | €31,779 | +€9,335 | +41.6% |
| Other operating charges | 640/8 | €7,733 | €11,636 | +€3,904 | +50.5% |
| Gross operating margin | 9900 | €728,479 | €1,102,447 | +€373,968 | +51.3% |
| Operating profit (loss) | 9901 | €381,687 | €285,869 | -€95,818 | -25.1% |
| Financial income | 75/76B | €141 | €23 | -€118 | -83.7% |
| Recurring financial income | 75 | €141 | €23 | -€118 | -83.7% |
| Financial charges | 65/66B | €8,556 | €15,114 | +€6,558 | +76.7% |
| Recurring financial charges | 65 | €8,556 | €15,114 | +€6,558 | +76.7% |
| Profit (loss) for the period before taxes | 9903 | €373,272 | €270,778 | -€102,494 | -27.5% |
| Income taxes | 67/77 | €88,508 | €63,559 | -€24,949 | -28.2% |
| Profit (loss) for the period | 9904 | €284,764 | €207,219 | -€77,545 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €284,764 | €207,219 | -€77,545 | -27.2% |
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 14 October 2026 via checked.be.