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OLAF: what changed

Two fiscal 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.

What changed

OLAF

BE 0401.279.003
NACE 82.910, Office administrative, office support and other business support activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€907
2024 · -€2,270+€1,364
Equity
€145,947
2024 · €146,854-€907
Cash
€243
2024 · €453-€210
Balance sheet total
€233,851
2024 · €226,936+€6,915

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€7,092

    up €7,092 (+3.2%), from €224,551 to €231,643

    of which Other tangible fixed assets: +€231,643

Equity and liabilities
  • Other debts +€7,694

    up €7,694 (+9.7%), from €79,312 to €87,006

Income statement
  • Gross operating margin +€1,322

    up €1,322 (+20.6%), from €6,416 to €7,738

  • Depreciation -€179

    down €179 (-3.4%), from €5,183 to €5,005

  • Other operating charges +€107

    up €107 (+3.1%), from €3,458 to €3,565

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€2,270
Gross operating margin +€1,322
Depreciation +€179
Other operating charges -€107
Financial charges -€30
Result 2025 -€907

Cash bridge derived

cash 2024 to 2025

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.

From operations +€11,886
Investment -€12,096
Financing €0
Cash 2024 €453
Net result for the year -€907
Depreciation +€5,005
Receivables within one year +€1,932
Deferred charges and accrued income -€1,965
Trade debts +€128
Other debts +€7,694
Investment in fixed assets (net) -€12,096
Cash 2025 €243
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €226,936 €233,851 +€6,915 +3.0%
Fixed assets 21/28 €224,551 €231,643 +€7,092 +3.2%
Tangible fixed assets 22/27 €224,551 €231,643 +€7,092 +3.2%
Land and buildings 22 €224,551 - -€224,551
Other tangible fixed assets 26 - €231,643 +€231,643
Current assets 29/58 €2,385 €2,208 -€177 -7.4%
Amounts receivable within one year 40/41 €1,932 - -€1,932
Trade receivables 40 €1,932 - -€1,932
Cash at bank and in hand 54/58 €453 €243 -€210 -46.4%
Deferred charges and accrued income 490/1 - €1,965 +€1,965
Total equity and liabilities 10/49 €226,936 €233,851 +€6,915 +3.0%
Equity 10/15 €146,854 €145,947 -€907 -0.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €347,237 €347,237 = 0.0%
Distributable reserves 133 €347,237 €347,237 = 0.0%
Profit (loss) carried forward 14 -€218,983 -€219,890 -€907 -0.4%
Amounts payable 17/49 €80,082 €87,904 +€7,822 +9.8%
Amounts payable within one year 42/48 €80,082 €87,904 +€7,822 +9.8%
Trade debts 44 €771 €898 +€128 +16.6%
Suppliers 440/4 €771 €898 +€128 +16.6%
Other amounts payable 47/48 €79,312 €87,006 +€7,694 +9.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,183 €5,005 -€179 -3.4%
Other operating charges 640/8 €3,458 €3,565 +€107 +3.1%
Gross operating margin 9900 €6,416 €7,738 +€1,322 +20.6%
Operating profit (loss) 9901 -€2,225 -€832 +€1,394 +62.6%
Financial charges 65/66B €45 €75 +€30 +66.7%
Recurring financial charges 65 €45 €75 +€30 +66.7%
Profit (loss) for the period before taxes 9903 -€2,270 -€907 +€1,364 +60.1%
Profit (loss) for the period 9904 -€2,270 -€907 +€1,364 +60.1%
Profit (loss) for the period to be appropriated 9905 -€2,270 -€907 +€1,364 +60.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.