MED-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.
MED-OLIVES
Largest movements
- Receivables within one year +€18,228
up €18,228 (+52.1%), from €34,997 to €53,225
of which Trade receivables: +€16,442
- Stocks and contracts +€1,480
up €1,480 (+6.2%), from €23,782 to €25,262
- Trade debts +€26,224
up €26,224 (+76.0%), from €34,524 to €60,749
- Other debts -€6,189
down €6,189 (-98.3%), from €6,296 to €107
- Gross operating margin -€11,662
down €11,662 (-57.4%), from €20,321 to €8,658
- Staff costs -€4,568
down €4,568 (-36.6%), from €12,464 to €7,896
- Taxes -€1,300
no longer reported in 2024 (was €1,300)
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 | €61,147 | €81,168 | +€20,021 | +32.7% |
| Current assets | 29/58 | €61,147 | €81,168 | +€20,021 | +32.7% |
| Stocks and contracts in progress | 3 | €23,782 | €25,262 | +€1,480 | +6.2% |
| Stocks | 30/36 | €23,782 | €25,262 | +€1,480 | +6.2% |
| Amounts receivable within one year | 40/41 | €34,997 | €53,225 | +€18,228 | +52.1% |
| Trade receivables | 40 | €34,997 | €51,439 | +€16,442 | +47.0% |
| Other amounts receivable | 41 | - | €1,786 | +€1,786 | |
| Cash at bank and in hand | 54/58 | €2,368 | €2,568 | +€200 | +8.5% |
| Deferred charges and accrued income | 490/1 | - | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €61,147 | €81,168 | +€20,021 | +32.7% |
| Equity | 10/15 | €13,715 | €13,185 | -€530 | -3.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,715 | €10,185 | -€530 | -5.0% |
| Amounts payable | 17/49 | €47,432 | €67,984 | +€20,552 | +43.3% |
| Amounts payable within one year | 42/48 | €47,432 | €67,984 | +€20,552 | +43.3% |
| Trade debts | 44 | €34,524 | €60,749 | +€26,224 | +76.0% |
| Suppliers | 440/4 | €34,524 | €60,749 | +€26,224 | +76.0% |
| Taxes, remuneration and social security | 45 | €6,612 | €7,128 | +€517 | +7.8% |
| Taxes | 450/3 | €5,032 | €3,021 | -€2,011 | -40.0% |
| Remuneration and social security | 454/9 | €1,580 | €4,107 | +€2,527 | +160% |
| Other amounts payable | 47/48 | €6,296 | €107 | -€6,189 | -98.3% |
| Remuneration, social security and pensions | 62 | €12,464 | €7,896 | -€4,568 | -36.6% |
| Other operating charges | 640/8 | €800 | €729 | -€71 | -8.9% |
| Gross operating margin | 9900 | €20,321 | €8,658 | -€11,662 | -57.4% |
| Operating profit (loss) | 9901 | €7,057 | €34 | -€7,024 | -99.5% |
| Financial charges | 65/66B | €663 | €564 | -€99 | -15.0% |
| Recurring financial charges | 65 | €663 | €564 | -€99 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €6,394 | -€530 | -€6,924 | |
| Income taxes | 67/77 | €1,300 | - | -€1,300 | |
| Profit (loss) for the period | 9904 | €5,094 | -€530 | -€5,624 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,094 | -€530 | -€5,624 |
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 23 October 2026 via checked.be.