OLAMA: 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.
OLAMA
Largest movements
- Current investments +€303,198
up €303,198 (+202.1%), from €150,000 to €453,198
- Cash +€87,715
up €87,715 (+631.0%), from €13,902 to €101,617
mainly Net result for the year (+€423,522) and Depreciation (+€25,182)
- Receivables within one year +€34,657
up €34,657 (+18.2%), from €189,937 to €224,593
of which Trade receivables: +€34,650
- Tangible fixed assets -€25,182
down €25,182 (-22.0%), from €114,493 to €89,311
of which Furniture and vehicles: -€24,672
- Profit (loss) carried forward +€213,022
up €213,022 (+101.0%), from €210,926 to €423,948
- Reserves +€210,500
up €210,500 (+125.0%), from €168,400 to €378,900
- Tax, wage and social debts -€12,797
down €12,797 (-30.4%), from €42,137 to €29,341
- Gross operating margin +€80,780
up €80,780 (+15.8%), from €510,770 to €591,550
- Taxes +€23,313
up €23,313 (+19.6%), from €118,977 to €142,291
- Depreciation +€13,764
up €13,764 (+120.5%), from €11,418 to €25,182
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 | €473,538 | €876,326 | +€402,788 | +85.1% |
| Fixed assets | 21/28 | €114,493 | €89,311 | -€25,182 | -22.0% |
| Tangible fixed assets | 22/27 | €114,493 | €89,311 | -€25,182 | -22.0% |
| Plant, machinery and equipment | 23 | €1,874 | €1,363 | -€511 | -27.3% |
| Furniture and vehicles | 24 | €112,620 | €87,948 | -€24,672 | -21.9% |
| Current assets | 29/58 | €359,045 | €787,015 | +€427,971 | +119.2% |
| Amounts receivable within one year | 40/41 | €189,937 | €224,593 | +€34,657 | +18.2% |
| Trade receivables | 40 | €189,937 | €224,586 | +€34,650 | +18.2% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Current investments | 50/53 | €150,000 | €453,198 | +€303,198 | +202.1% |
| Cash at bank and in hand | 54/58 | €13,902 | €101,617 | +€87,715 | +631.0% |
| Deferred charges and accrued income | 490/1 | €5,206 | €7,608 | +€2,401 | +46.1% |
| Total equity and liabilities | 10/49 | €473,538 | €876,326 | +€402,788 | +85.1% |
| Equity | 10/15 | €399,326 | €822,848 | +€423,522 | +106.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €168,400 | €378,900 | +€210,500 | +125.0% |
| Tax-exempt reserves | 132 | €168,400 | €378,900 | +€210,500 | +125.0% |
| Profit (loss) carried forward | 14 | €210,926 | €423,948 | +€213,022 | +101.0% |
| Amounts payable | 17/49 | €74,212 | €53,479 | -€20,734 | -27.9% |
| Amounts payable within one year | 42/48 | €72,277 | €51,664 | -€20,613 | -28.5% |
| Financial debts | 43 | €6,851 | €17 | -€6,833 | -99.7% |
| Credit institutions | 430/8 | €6,851 | €17 | -€6,833 | -99.7% |
| Trade debts | 44 | €3,321 | €2,728 | -€593 | -17.9% |
| Suppliers | 440/4 | €3,321 | €2,728 | -€593 | -17.9% |
| Taxes, remuneration and social security | 45 | €42,137 | €29,341 | -€12,797 | -30.4% |
| Taxes | 450/3 | €42,137 | €29,341 | -€12,797 | -30.4% |
| Other amounts payable | 47/48 | €19,968 | €19,578 | -€390 | -2.0% |
| Accrued charges and deferred income | 492/3 | €1,935 | €1,814 | -€121 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,418 | €25,182 | +€13,764 | +120.5% |
| Other operating charges | 640/8 | €491 | €965 | +€474 | +96.4% |
| Gross operating margin | 9900 | €510,770 | €591,550 | +€80,780 | +15.8% |
| Operating profit (loss) | 9901 | €498,860 | €565,402 | +€66,542 | +13.3% |
| Financial income | 75/76B | €1,468 | €6,004 | +€4,536 | +309.0% |
| Recurring financial income | 75 | €1,468 | €6,004 | +€4,536 | +309.0% |
| Financial charges | 65/66B | €2,025 | €5,593 | +€3,568 | +176.2% |
| Recurring financial charges | 65 | €2,025 | €5,593 | +€3,568 | +176.2% |
| Profit (loss) for the period before taxes | 9903 | €498,303 | €565,813 | +€67,510 | +13.5% |
| Income taxes | 67/77 | €118,977 | €142,291 | +€23,313 | +19.6% |
| Profit (loss) for the period | 9904 | €379,326 | €423,522 | +€44,196 | +11.7% |
| Transfer to tax-exempt reserves | 689 | €168,400 | €210,500 | +€42,100 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €210,926 | €213,022 | +€2,096 | +1.0% |
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 28 September 2026 via checked.be.