OLAGE: 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.
OLAGE
Largest movements
- Cash +€12,295
up €12,295 (+29.0%), from €42,466 to €54,762
mainly Net result for the year (+€25,039) and Depreciation (+€11,069)
- Tangible fixed assets -€10,332
down €10,332 (-42.8%), from €24,147 to €13,815
- Receivables within one year +€9,258
up €9,258 (+51.9%), from €17,833 to €27,092
of which Other amounts receivable: +€5,000
- Reserves +€24,000
up €24,000 (+120%), from €20,000 to €44,000
- Debts after one year -€10,248
down €10,248 (-79.9%), from €12,827 to €2,579
- Tax, wage and social debts -€2,817
down €2,817 (-21.7%), from €12,967 to €10,150
of which Remuneration and social security: -€2,580
- Profit (loss) carried forward +€1,039
up €1,039 (+11.1%), from €9,369 to €10,407
- Gross operating margin +€6,849
up €6,849 (+17.1%), from €40,098 to €46,947
- Taxes +€1,728
up €1,728 (+21.3%), from €8,102 to €9,831
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 | €86,116 | €97,437 | +€11,320 | +13.1% |
| Fixed assets | 21/28 | €24,147 | €13,815 | -€10,332 | -42.8% |
| Tangible fixed assets | 22/27 | €24,147 | €13,815 | -€10,332 | -42.8% |
| Furniture and vehicles | 24 | €24,147 | €13,815 | -€10,332 | -42.8% |
| Current assets | 29/58 | €61,969 | €83,622 | +€21,653 | +34.9% |
| Amounts receivable within one year | 40/41 | €17,833 | €27,092 | +€9,258 | +51.9% |
| Trade receivables | 40 | €17,833 | €22,092 | +€4,258 | +23.9% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €42,466 | €54,762 | +€12,295 | +29.0% |
| Deferred charges and accrued income | 490/1 | €1,670 | €1,768 | +€99 | +5.9% |
| Total equity and liabilities | 10/49 | €86,116 | €97,437 | +€11,320 | +13.1% |
| Equity | 10/15 | €47,919 | €72,957 | +€25,039 | +52.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €20,000 | €44,000 | +€24,000 | +120% |
| Distributable reserves | 133 | €20,000 | €44,000 | +€24,000 | +120% |
| Profit (loss) carried forward | 14 | €9,369 | €10,407 | +€1,039 | +11.1% |
| Amounts payable | 17/49 | €38,198 | €24,479 | -€13,718 | -35.9% |
| Amounts payable after more than one year | 17 | €12,827 | €2,579 | -€10,248 | -79.9% |
| Financial debts | 170/4 | €12,827 | €2,579 | -€10,248 | -79.9% |
| Amounts payable within one year | 42/48 | €25,371 | €21,900 | -€3,470 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €10,980 | €11,097 | +€117 | +1.1% |
| Trade debts | 44 | €1,424 | €653 | -€771 | -54.1% |
| Suppliers | 440/4 | €1,424 | €653 | -€771 | -54.1% |
| Taxes, remuneration and social security | 45 | €12,967 | €10,150 | -€2,817 | -21.7% |
| Taxes | 450/3 | €10,387 | €10,150 | -€237 | -2.3% |
| Remuneration and social security | 454/9 | €2,580 | - | -€2,580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,056 | €11,069 | +€13 | +0.1% |
| Other operating charges | 640/8 | €611 | €628 | +€17 | +2.8% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €40,098 | €46,947 | +€6,849 | +17.1% |
| Operating profit (loss) | 9901 | €28,431 | €35,187 | +€6,755 | +23.8% |
| Financial income | 75/76B | €169 | €162 | -€8 | -4.5% |
| Recurring financial income | 75 | €169 | €162 | -€8 | -4.5% |
| Financial charges | 65/66B | €450 | €479 | +€29 | +6.5% |
| Recurring financial charges | 65 | €450 | €479 | +€29 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €28,151 | €34,869 | +€6,718 | +23.9% |
| Income taxes | 67/77 | €8,102 | €9,831 | +€1,728 | +21.3% |
| Profit (loss) for the period | 9904 | €20,048 | €25,039 | +€4,990 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,048 | €25,039 | +€4,990 | +24.9% |
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 18 October 2026 via checked.be.