NUTS & OLIVA: 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.
NUTS & OLIVA
Largest movements
- Tangible fixed assets +€38,896
up €38,896 (+580.4%), from €6,701 to €45,598
of which Furniture and vehicles: +€38,707
- Cash -€30,635
down €30,635 (-50.6%), from €60,497 to €29,862
mainly Investment in fixed assets (net) (-€48,288) and Other debts (-€14,520)
- Deferred charges and accrued income -€2,820
down €2,820 (-78.7%), from €3,583 to €763
- Profit (loss) carried forward +€35,917
up €35,917 (+54.6%), from -€65,761 to -€29,844
- Other debts -€14,520
down €14,520 (-35.2%), from €41,296 to €26,776
- Tax, wage and social debts -€13,613
down €13,613 (-96.0%), from €14,187 to €573
- Current portion of long-term debt -€5,766
down €5,766 (-100.0%), from €5,766 to €0
- Trade debts +€1,940
up €1,940 (+1.5%), from €131,163 to €133,103
- Gross operating margin +€9,464
up €9,464 (+14.6%), from €65,021 to €74,485
- Financial charges +€1,791
up €1,791 (+60.2%), from €2,973 to €4,764
- Other operating charges -€1,447
down €1,447 (-8.9%), from €16,272 to €14,824
- Depreciation +€1,258
up €1,258 (+15.5%), from €8,134 to €9,392
- Taxes -€960
down €960 (-9.1%), from €10,548 to €9,588
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.
Cash bridge derived
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 | €133,012 | €136,970 | +€3,958 | +3.0% |
| Fixed assets | 21/28 | €6,701 | €45,598 | +€38,896 | +580.4% |
| Tangible fixed assets | 22/27 | €6,701 | €45,598 | +€38,896 | +580.4% |
| Plant, machinery and equipment | 23 | €580 | €769 | +€189 | +32.6% |
| Furniture and vehicles | 24 | €6,122 | €44,829 | +€38,707 | +632.3% |
| Current assets | 29/58 | €126,310 | €91,372 | -€34,938 | -27.7% |
| Stocks and contracts in progress | 3 | €8,551 | €7,276 | -€1,275 | -14.9% |
| Stocks | 30/36 | €8,551 | €7,276 | -€1,275 | -14.9% |
| Amounts receivable within one year | 40/41 | €53,680 | €53,472 | -€208 | -0.4% |
| Other amounts receivable | 41 | €53,680 | €53,472 | -€208 | -0.4% |
| Cash at bank and in hand | 54/58 | €60,497 | €29,862 | -€30,635 | -50.6% |
| Deferred charges and accrued income | 490/1 | €3,583 | €763 | -€2,820 | -78.7% |
| Total equity and liabilities | 10/49 | €133,012 | €136,970 | +€3,958 | +3.0% |
| Equity | 10/15 | -€59,400 | -€23,483 | +€35,917 | +60.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €162 | €162 | = | 0.0% |
| Distributable reserves | 133 | €162 | €162 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,761 | -€29,844 | +€35,917 | +54.6% |
| Amounts payable | 17/49 | €192,412 | €160,453 | -€31,959 | -16.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €192,412 | €160,453 | -€31,959 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €5,766 | €0 | -€5,766 | -100.0% |
| Trade debts | 44 | €131,163 | €133,103 | +€1,940 | +1.5% |
| Suppliers | 440/4 | €131,163 | €133,103 | +€1,940 | +1.5% |
| Taxes, remuneration and social security | 45 | €14,187 | €573 | -€13,613 | -96.0% |
| Taxes | 450/3 | €14,187 | €573 | -€13,613 | -96.0% |
| Other amounts payable | 47/48 | €41,296 | €26,776 | -€14,520 | -35.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,134 | €9,392 | +€1,258 | +15.5% |
| Other operating charges | 640/8 | €16,272 | €14,824 | -€1,447 | -8.9% |
| Gross operating margin | 9900 | €65,021 | €74,485 | +€9,464 | +14.6% |
| Operating profit (loss) | 9901 | €40,615 | €50,269 | +€9,654 | +23.8% |
| Financial income | 75/76B | €450 | €0 | -€450 | -100.0% |
| Recurring financial income | 75 | €450 | €0 | -€450 | -100.0% |
| Financial charges | 65/66B | €2,973 | €4,764 | +€1,791 | +60.2% |
| Recurring financial charges | 65 | €2,973 | €4,764 | +€1,791 | +60.2% |
| Profit (loss) for the period before taxes | 9903 | €38,092 | €45,505 | +€7,413 | +19.5% |
| Income taxes | 67/77 | €10,548 | €9,588 | -€960 | -9.1% |
| Profit (loss) for the period | 9904 | €27,544 | €35,917 | +€8,373 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,544 | €35,917 | +€8,373 | +30.4% |
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 11 October 2026 via checked.be.