OLANCO: 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.
OLANCO
Largest movements
- Receivables within one year +€48,379
up €48,379 (+23.7%), from €203,855 to €252,234
of which Other amounts receivable: +€27,077
- Tangible fixed assets -€7,200
down €7,200 (-20.7%), from €34,813 to €27,613
of which Plant, machinery and equipment: -€7,144
- Cash -€3,674
down €3,674 (-35.7%), from €10,279 to €6,605
mainly Receivables within one year (-€48,379) and Trade debts (-€15,638)
- Profit (loss) carried forward +€61,371
up €61,371 (+37.0%), from €165,649 to €227,019
- Trade debts -€15,638
down €15,638 (-80.6%), from €19,404 to €3,766
- Tax, wage and social debts -€8,251
down €8,251 (-12.3%), from €67,011 to €58,760
of which Taxes: -€10,043
- Gross operating margin -€100,988
down €100,988 (-54.8%), from €184,254 to €83,266
- Taxes -€26,398
down €26,398 (-57.6%), from €45,832 to €19,434
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 | €263,947 | €301,452 | +€37,505 | +14.2% |
| Fixed assets | 21/28 | €35,813 | €28,613 | -€7,200 | -20.1% |
| Tangible fixed assets | 22/27 | €34,813 | €27,613 | -€7,200 | -20.7% |
| Plant, machinery and equipment | 23 | €34,757 | €27,613 | -€7,144 | -20.6% |
| Furniture and vehicles | 24 | €56 | €0 | -€56 | -100.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €228,134 | €272,839 | +€44,705 | +19.6% |
| Amounts receivable after more than one year | 29 | €14,000 | €14,000 | = | 0.0% |
| Other amounts receivable | 291 | €14,000 | €14,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €203,855 | €252,234 | +€48,379 | +23.7% |
| Trade receivables | 40 | €26,093 | €47,395 | +€21,302 | +81.6% |
| Other amounts receivable | 41 | €177,762 | €204,839 | +€27,077 | +15.2% |
| Cash at bank and in hand | 54/58 | €10,279 | €6,605 | -€3,674 | -35.7% |
| Total equity and liabilities | 10/49 | €263,947 | €301,452 | +€37,505 | +14.2% |
| Equity | 10/15 | €173,709 | €235,079 | +€61,371 | +35.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,649 | €227,019 | +€61,371 | +37.0% |
| Amounts payable | 17/49 | €90,238 | €66,373 | -€23,866 | -26.4% |
| Amounts payable within one year | 42/48 | €90,238 | €66,373 | -€23,866 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €3,823 | €3,847 | +€23 | +0.6% |
| Trade debts | 44 | €19,404 | €3,766 | -€15,638 | -80.6% |
| Suppliers | 440/4 | €19,404 | €3,766 | -€15,638 | -80.6% |
| Taxes, remuneration and social security | 45 | €67,011 | €58,760 | -€8,251 | -12.3% |
| Taxes | 450/3 | €63,661 | €53,617 | -€10,043 | -15.8% |
| Remuneration and social security | 454/9 | €3,351 | €5,143 | +€1,792 | +53.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,496 | €8,662 | +€166 | +2.0% |
| Other operating charges | 640/8 | €1,609 | €742 | -€867 | -53.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €184,254 | €83,266 | -€100,988 | -54.8% |
| Operating profit (loss) | 9901 | €174,149 | €73,863 | -€100,287 | -57.6% |
| Financial income | 75/76B | €9,152 | €10,611 | +€1,459 | +15.9% |
| Recurring financial income | 75 | €9,152 | €10,611 | +€1,459 | +15.9% |
| Financial charges | 65/66B | €4,808 | €3,668 | -€1,140 | -23.7% |
| Recurring financial charges | 65 | €4,808 | €3,668 | -€1,140 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €178,493 | €80,805 | -€97,688 | -54.7% |
| Income taxes | 67/77 | €45,832 | €19,434 | -€26,398 | -57.6% |
| Profit (loss) for the period | 9904 | €132,661 | €61,371 | -€71,290 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,661 | €61,371 | -€71,290 | -53.7% |
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 9 October 2026 via checked.be.