OLA BRASIL: 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.
OLA BRASIL
Largest movements
- Tangible fixed assets +€49,309
up €49,309 (+35.4%), from €139,391 to €188,700
of which Leasing and similar rights: +€60,657
- Receivables within one year -€18,707
down €18,707 (-88.4%), from €21,167 to €2,460
- Cash -€7,547
down €7,547 (-10.2%), from €73,932 to €66,385
mainly Investment in fixed assets (net) (-€70,875) and Net result for the year (-€26,808)
- Debts after one year +€35,763
up €35,763 (+39.3%), from €90,968 to €126,731
- Profit (loss) carried forward -€26,808
down €26,808 (-29.0%), from €92,364 to €65,556
- Current portion of long-term debt +€12,184
up €12,184 (+93.2%), from €13,078 to €25,261
- Trade debts +€5,197
up €5,197 (+49.8%), from €10,428 to €15,624
- Short-term financial debts -€3,395
no longer reported in 2025 (was €3,395)
- Staff costs +€20,174
up €20,174 (+9,401%), from €215 to €20,389
- Gross operating margin -€19,764
down €19,764 (-41.2%), from €47,963 to €28,199
- Depreciation +€6,818
up €6,818 (+46.2%), from €14,748 to €21,566
- Taxes -€4,760
no longer reported in 2025 (was €4,760)
- Financial charges +€1,341
up €1,341 (+16.4%), from €8,163 to €9,504
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 | €265,712 | €290,324 | +€24,612 | +9.3% |
| Fixed assets | 21/28 | €140,914 | €190,223 | +€49,309 | +35.0% |
| Tangible fixed assets | 22/27 | €139,391 | €188,700 | +€49,309 | +35.4% |
| Land and buildings | 22 | €131,466 | €120,544 | -€10,922 | -8.3% |
| Plant, machinery and equipment | 23 | €7,925 | €4,099 | -€3,825 | -48.3% |
| Furniture and vehicles | 24 | - | €3,400 | +€3,400 | |
| Leasing and similar rights | 25 | - | €60,657 | +€60,657 | |
| Financial fixed assets | 28 | €1,523 | €1,523 | = | 0.0% |
| Current assets | 29/58 | €124,798 | €100,101 | -€24,697 | -19.8% |
| Stocks and contracts in progress | 3 | €29,580 | €29,497 | -€83 | -0.3% |
| Stocks | 30/36 | €29,580 | €29,497 | -€83 | -0.3% |
| Amounts receivable within one year | 40/41 | €21,167 | €2,460 | -€18,707 | -88.4% |
| Other amounts receivable | 41 | €21,167 | €2,460 | -€18,707 | -88.4% |
| Cash at bank and in hand | 54/58 | €73,932 | €66,385 | -€7,547 | -10.2% |
| Deferred charges and accrued income | 490/1 | €119 | €1,760 | +€1,640 | +1,373% |
| Total equity and liabilities | 10/49 | €265,712 | €290,324 | +€24,612 | +9.3% |
| Equity | 10/15 | €141,574 | €114,766 | -€26,808 | -18.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,610 | €30,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,750 | €28,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,364 | €65,556 | -€26,808 | -29.0% |
| Amounts payable | 17/49 | €124,138 | €175,558 | +€51,420 | +41.4% |
| Amounts payable after more than one year | 17 | €90,968 | €126,731 | +€35,763 | +39.3% |
| Financial debts | 170/4 | €90,968 | €126,731 | +€35,763 | +39.3% |
| Amounts payable within one year | 42/48 | €33,169 | €48,827 | +€15,658 | +47.2% |
| Current portion of amounts payable after more than one year | 42 | €13,078 | €25,261 | +€12,184 | +93.2% |
| Financial debts | 43 | €3,395 | - | -€3,395 | |
| Credit institutions | 430/8 | €3,395 | - | -€3,395 | |
| Trade debts | 44 | €10,428 | €15,624 | +€5,197 | +49.8% |
| Suppliers | 440/4 | €10,428 | €15,624 | +€5,197 | +49.8% |
| Taxes, remuneration and social security | 45 | €6,269 | €6,697 | +€428 | +6.8% |
| Taxes | 450/3 | €6,269 | €1,146 | -€5,124 | -81.7% |
| Remuneration and social security | 454/9 | - | €5,551 | +€5,551 | |
| Other amounts payable | 47/48 | - | €1,245 | +€1,245 | |
| Remuneration, social security and pensions | 62 | €215 | €20,389 | +€20,174 | +9,401% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,748 | €21,566 | +€6,818 | +46.2% |
| Other operating charges | 640/8 | €3,406 | €3,663 | +€256 | +7.5% |
| Non-recurring operating charges | 66A | €132 | - | -€132 | |
| Gross operating margin | 9900 | €47,963 | €28,199 | -€19,764 | -41.2% |
| Operating profit (loss) | 9901 | €29,463 | -€17,418 | -€46,881 | |
| Financial income | 75/76B | €3 | €115 | +€111 | +3,181% |
| Recurring financial income | 75 | €3 | €115 | +€111 | +3,181% |
| Financial charges | 65/66B | €8,163 | €9,504 | +€1,341 | +16.4% |
| Recurring financial charges | 65 | €8,163 | €9,504 | +€1,341 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €21,303 | -€26,808 | -€48,111 | |
| Income taxes | 67/77 | €4,760 | - | -€4,760 | |
| Profit (loss) for the period | 9904 | €16,543 | -€26,808 | -€43,351 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,543 | -€26,808 | -€43,351 |
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 26 October 2026 via checked.be.