OELAFONY: 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.
OELAFONY
Largest movements
- Stocks and contracts -€291,039
down €291,039 (-30.1%), from €967,086 to €676,047
- Current investments +€200,000
new in 2025: €200,000
- Cash +€109,865
up €109,865 (+47.1%), from €233,297 to €343,162
mainly Stocks and contracts (+€291,039) and Net result for the year (+€118,078)
- Trade debts -€30,382
down €30,382 (-38.8%), from €78,335 to €47,953
- Reserves +€18,079
up €18,079 (+1.3%), from €1.4m to €1.4m
- Financial income +€36,521
up €36,521 (+77.6%), from €47,074 to €83,595
- Gross operating margin -€25,743
down €25,743 (-23.9%), from €107,684 to €81,941
- Taxes +€3,007
up €3,007 (+8.2%), from €36,714 to €39,721
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 | €1,600,676 | €1,616,654 | +€15,978 | +1.0% |
| Fixed assets | 21/28 | €4,075 | €1,747 | -€2,328 | -57.1% |
| Tangible fixed assets | 22/27 | €4,075 | €1,747 | -€2,328 | -57.1% |
| Plant, machinery and equipment | 23 | €4,075 | €1,747 | -€2,328 | -57.1% |
| Current assets | 29/58 | €1,596,601 | €1,614,907 | +€18,306 | +1.1% |
| Stocks and contracts in progress | 3 | €967,086 | €676,047 | -€291,039 | -30.1% |
| Stocks | 30/36 | €967,086 | €676,047 | -€291,039 | -30.1% |
| Amounts receivable within one year | 40/41 | €395,699 | €395,698 | -€1 | 0.0% |
| Trade receivables | 40 | €395,699 | €395,698 | -€1 | 0.0% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €233,297 | €343,162 | +€109,865 | +47.1% |
| Deferred charges and accrued income | 490/1 | €519 | - | -€519 | |
| Total equity and liabilities | 10/49 | €1,600,676 | €1,616,654 | +€15,978 | +1.0% |
| Equity | 10/15 | €1,405,511 | €1,423,590 | +€18,079 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,386,911 | €1,404,990 | +€18,079 | +1.3% |
| Distributable reserves | 133 | €1,386,911 | €1,404,990 | +€18,079 | +1.3% |
| Amounts payable | 17/49 | €195,165 | €193,064 | -€2,101 | -1.1% |
| Amounts payable within one year | 42/48 | €193,187 | €192,054 | -€1,133 | -0.6% |
| Trade debts | 44 | €78,335 | €47,953 | -€30,382 | -38.8% |
| Suppliers | 440/4 | €78,335 | €47,953 | -€30,382 | -38.8% |
| Taxes, remuneration and social security | 45 | €58,852 | €74,048 | +€15,196 | +25.8% |
| Taxes | 450/3 | €58,852 | €74,048 | +€15,196 | +25.8% |
| Other amounts payable | 47/48 | €56,000 | €70,053 | +€14,053 | +25.1% |
| Accrued charges and deferred income | 492/3 | €1,978 | €1,010 | -€968 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,328 | €2,328 | = | 0.0% |
| Other operating charges | 640/8 | €1,290 | €1,382 | +€92 | +7.1% |
| Gross operating margin | 9900 | €107,684 | €81,941 | -€25,743 | -23.9% |
| Operating profit (loss) | 9901 | €104,066 | €78,231 | -€25,835 | -24.8% |
| Financial income | 75/76B | €47,074 | €83,595 | +€36,521 | +77.6% |
| Recurring financial income | 75 | €47,074 | €83,595 | +€36,521 | +77.6% |
| Financial charges | 65/66B | €3,850 | €4,027 | +€177 | +4.6% |
| Recurring financial charges | 65 | €3,850 | €4,027 | +€177 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €147,290 | €157,799 | +€10,509 | +7.1% |
| Income taxes | 67/77 | €36,714 | €39,721 | +€3,007 | +8.2% |
| Profit (loss) for the period | 9904 | €110,576 | €118,078 | +€7,502 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €110,576 | €118,078 | +€7,502 | +6.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.