OLANVI: 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.
OLANVI
Largest movements
- Receivables within one year -€155,460
down €155,460 (-95.8%), from €162,328 to €6,868
of which Trade receivables: -€154,140
- Cash +€16,095
up €16,095 (+12.3%), from €131,340 to €147,435
mainly Receivables within one year (+€155,460) and Depreciation (+€43,048)
- Tangible fixed assets -€11,711
down €11,711 (-1.7%), from €681,531 to €669,819
of which Land and buildings: -€36,088
- Other debts -€78,920
down €78,920 (-25.4%), from €311,204 to €232,284
- Reserves -€41,132
down €41,132 (-8.1%), from €507,783 to €466,651
of which Distributable reserves: -€41,132
- Accrued charges and deferred income -€19,493
down €19,493 (-89.2%), from €21,854 to €2,361
- Tax, wage and social debts -€11,113
down €11,113 (-100.0%), from €11,113 to €0
of which Taxes: -€11,113
- Gross operating margin -€312,138
down €312,138 (-86.4%), from €361,479 to €49,340
- Taxes -€58,628
down €58,628 (-99.8%), from €58,760 to €132
- Financial charges -€31,899
down €31,899 (-98.0%), from €32,538 to €639
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 | €978,698 | €826,387 | -€152,311 | -15.6% |
| Fixed assets | 21/28 | €681,655 | €669,943 | -€11,711 | -1.7% |
| Tangible fixed assets | 22/27 | €681,531 | €669,819 | -€11,711 | -1.7% |
| Land and buildings | 22 | €677,699 | €641,611 | -€36,088 | -5.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €3,832 | €28,209 | +€24,377 | +636.2% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €297,043 | €156,444 | -€140,599 | -47.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €162,328 | €6,868 | -€155,460 | -95.8% |
| Trade receivables | 40 | €154,140 | €0 | -€154,140 | -100.0% |
| Other amounts receivable | 41 | €8,188 | €6,868 | -€1,320 | -16.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €131,340 | €147,435 | +€16,095 | +12.3% |
| Deferred charges and accrued income | 490/1 | €3,375 | €2,141 | -€1,234 | -36.6% |
| Total equity and liabilities | 10/49 | €978,698 | €826,387 | -€152,311 | -15.6% |
| Equity | 10/15 | €626,783 | €585,651 | -€41,132 | -6.6% |
| Contributions | 10/11 | €119,000 | €119,000 | = | 0.0% |
| Reserves | 13 | €507,783 | €466,651 | -€41,132 | -8.1% |
| Tax-exempt reserves | 132 | €31,664 | €31,664 | = | 0.0% |
| Distributable reserves | 133 | €476,119 | €434,987 | -€41,132 | -8.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €351,915 | €240,736 | -€111,179 | -31.6% |
| Amounts payable within one year | 42/48 | €330,061 | €238,375 | -€91,686 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7,744 | €6,091 | -€1,653 | -21.3% |
| Suppliers | 440/4 | €7,744 | €6,091 | -€1,653 | -21.3% |
| Taxes, remuneration and social security | 45 | €11,113 | €0 | -€11,113 | -100.0% |
| Taxes | 450/3 | €11,113 | €0 | -€11,113 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €311,204 | €232,284 | -€78,920 | -25.4% |
| Accrued charges and deferred income | 492/3 | €21,854 | €2,361 | -€19,493 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,219 | €43,048 | -€1,171 | -2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €579 | €0 | -€579 | -100.0% |
| Other operating charges | 640/8 | €15,914 | €14,990 | -€924 | -5.8% |
| Non-recurring operating charges | 66A | €92,933 | €0 | -€92,933 | -100.0% |
| Gross operating margin | 9900 | €361,479 | €49,340 | -€312,138 | -86.4% |
| Operating profit (loss) | 9901 | €207,834 | -€8,698 | -€216,532 | |
| Financial income | 75/76B | €2,602 | €1,401 | -€1,201 | -46.2% |
| Recurring financial income | 75 | €2,602 | €1,401 | -€1,201 | -46.2% |
| Financial charges | 65/66B | €32,538 | €639 | -€31,899 | -98.0% |
| Recurring financial charges | 65 | €32,538 | €639 | -€31,899 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | €177,898 | -€7,936 | -€185,834 | |
| Income taxes | 67/77 | €58,760 | €132 | -€58,628 | -99.8% |
| Profit (loss) for the period | 9904 | €119,138 | -€8,068 | -€127,206 | |
| Profit (loss) for the period to be appropriated | 9905 | €119,138 | -€8,068 | -€127,206 |
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 4 October 2026 via checked.be.