LES OLIVETTES: 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.
LES OLIVETTES
Largest movements
- Tangible fixed assets -€19,927
down €19,927 (-13.0%), from €152,764 to €132,837
of which Land and buildings: -€16,873
- Receivables within one year -€2,707
down €2,707 (-84.4%), from €3,208 to €501
- Cash -€2,630
down €2,630 (-33.9%), from €7,760 to €5,130
mainly Other debts (-€12,239) and Net result for the year (-€8,443)
- Other debts -€12,239
down €12,239 (-4.9%), from €247,489 to €235,250
- Profit (loss) carried forward -€8,443
down €8,443 (-1.9%), from -€438,333 to -€446,776
- Trade debts -€5,551
down €5,551 (-32.0%), from €17,340 to €11,789
- Other operating charges +€796
up €796 (+9.7%), from €8,176 to €8,972
- Staff costs -€668
down €668 (-5.7%), from €11,629 to €10,961
- Depreciation +€438
up €438 (+2.1%), from €20,990 to €21,428
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €164,456 | €138,713 | -€25,743 | -15.7% |
| Fixed assets | 21/28 | €152,905 | €132,978 | -€19,927 | -13.0% |
| Tangible fixed assets | 22/27 | €152,764 | €132,837 | -€19,927 | -13.0% |
| Land and buildings | 22 | €127,870 | €110,997 | -€16,873 | -13.2% |
| Plant, machinery and equipment | 23 | €21,762 | €20,218 | -€1,544 | -7.1% |
| Furniture and vehicles | 24 | €638 | €259 | -€379 | -59.4% |
| Other tangible fixed assets | 26 | €2,494 | €1,363 | -€1,131 | -45.3% |
| Financial fixed assets | 28 | €141 | €141 | = | 0.0% |
| Current assets | 29/58 | €11,551 | €5,735 | -€5,816 | -50.4% |
| Amounts receivable within one year | 40/41 | €3,208 | €501 | -€2,707 | -84.4% |
| Trade receivables | 40 | €3,208 | €501 | -€2,707 | -84.4% |
| Cash at bank and in hand | 54/58 | €7,760 | €5,130 | -€2,630 | -33.9% |
| Deferred charges and accrued income | 490/1 | €583 | €104 | -€479 | -82.2% |
| Total equity and liabilities | 10/49 | €164,456 | €138,713 | -€25,743 | -15.7% |
| Equity | 10/15 | -€104,361 | -€112,804 | -€8,443 | -8.1% |
| Contributions | 10/11 | €308,479 | €308,479 | = | 0.0% |
| Capital | 10 | €308,479 | €308,479 | = | 0.0% |
| Issued capital | 100 | €308,479 | €308,479 | = | 0.0% |
| Reserves | 13 | €25,493 | €25,493 | = | 0.0% |
| Distributable reserves | 133 | €25,493 | €25,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€438,333 | -€446,776 | -€8,443 | -1.9% |
| Amounts payable | 17/49 | €268,817 | €251,517 | -€17,300 | -6.4% |
| Amounts payable within one year | 42/48 | €268,817 | €249,933 | -€18,884 | -7.0% |
| Trade debts | 44 | €17,340 | €11,789 | -€5,551 | -32.0% |
| Suppliers | 440/4 | €17,340 | €11,789 | -€5,551 | -32.0% |
| Taxes, remuneration and social security | 45 | €3,988 | €2,894 | -€1,094 | -27.4% |
| Taxes | 450/3 | €2,238 | €1,702 | -€536 | -23.9% |
| Remuneration and social security | 454/9 | €1,750 | €1,192 | -€558 | -31.9% |
| Other amounts payable | 47/48 | €247,489 | €235,250 | -€12,239 | -4.9% |
| Accrued charges and deferred income | 492/3 | - | €1,584 | +€1,584 | |
| Remuneration, social security and pensions | 62 | €11,629 | €10,961 | -€668 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,990 | €21,428 | +€438 | +2.1% |
| Other operating charges | 640/8 | €8,176 | €8,972 | +€796 | +9.7% |
| Non-recurring operating charges | 66A | €4,750 | €999 | -€3,751 | -79.0% |
| Gross operating margin | 9900 | €35,068 | €34,795 | -€273 | -0.8% |
| Operating profit (loss) | 9901 | -€10,477 | -€7,565 | +€2,912 | +27.8% |
| Financial charges | 65/66B | €484 | €704 | +€220 | +45.5% |
| Recurring financial charges | 65 | €484 | €704 | +€220 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,961 | -€8,269 | +€2,692 | +24.6% |
| Income taxes | 67/77 | €164 | €174 | +€10 | +6.1% |
| Profit (loss) for the period | 9904 | -€11,125 | -€8,443 | +€2,682 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,125 | -€8,443 | +€2,682 | +24.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.