OLAYFA: 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.
OLAYFA
Largest movements
- Cash -€90,429
down €90,429 (-29.8%), from €303,811 to €213,382
mainly Trade debts (-€111,116) and Net result for the year (-€30,833)
- Receivables within one year -€40,517
down €40,517 (-39.4%), from €102,756 to €62,240
of which Trade receivables: -€51,152
- Stocks and contracts -€16,085
down €16,085 (-31.6%), from €50,932 to €34,847
- Trade debts -€111,116
down €111,116 (-80.3%), from €138,379 to €27,264
- Profit (loss) carried forward -€30,833
down €30,833 (-49.4%), from €62,434 to €31,601
- Tax, wage and social debts -€5,379
down €5,379 (-49.3%), from €10,911 to €5,532
of which Remuneration and social security: -€5,550
- Gross operating margin -€64,079
down €64,079, from €38,812 to -€25,267
- Taxes -€10,508
down €10,508 (-96.6%), from €10,875 to €367
- Other operating charges +€697
up €697 (+39.3%), from €1,774 to €2,472
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 | €465,965 | €317,097 | -€148,868 | -31.9% |
| Fixed assets | 21/28 | €4,319 | €2,350 | -€1,969 | -45.6% |
| Tangible fixed assets | 22/27 | €4,319 | €2,350 | -€1,969 | -45.6% |
| Land and buildings | 22 | €840 | €420 | -€420 | -50.0% |
| Furniture and vehicles | 24 | €3,479 | €1,930 | -€1,549 | -44.5% |
| Current assets | 29/58 | €461,647 | €314,747 | -€146,900 | -31.8% |
| Stocks and contracts in progress | 3 | €50,932 | €34,847 | -€16,085 | -31.6% |
| Stocks | 30/36 | €50,932 | €34,847 | -€16,085 | -31.6% |
| Amounts receivable within one year | 40/41 | €102,756 | €62,240 | -€40,517 | -39.4% |
| Trade receivables | 40 | €87,792 | €36,640 | -€51,152 | -58.3% |
| Other amounts receivable | 41 | €14,964 | €25,600 | +€10,636 | +71.1% |
| Cash at bank and in hand | 54/58 | €303,811 | €213,382 | -€90,429 | -29.8% |
| Deferred charges and accrued income | 490/1 | €4,147 | €4,278 | +€131 | +3.2% |
| Total equity and liabilities | 10/49 | €465,965 | €317,097 | -€148,868 | -31.9% |
| Equity | 10/15 | €311,611 | €280,778 | -€30,833 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €230,577 | €230,577 | = | 0.0% |
| Distributable reserves | 133 | €230,577 | €230,577 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,434 | €31,601 | -€30,833 | -49.4% |
| Amounts payable | 17/49 | €154,355 | €36,319 | -€118,036 | -76.5% |
| Amounts payable within one year | 42/48 | €154,355 | €36,319 | -€118,036 | -76.5% |
| Trade debts | 44 | €138,379 | €27,264 | -€111,116 | -80.3% |
| Suppliers | 440/4 | €138,379 | €27,264 | -€111,116 | -80.3% |
| Advances received on contracts in progress | 46 | €2,604 | €1,419 | -€1,185 | -45.5% |
| Taxes, remuneration and social security | 45 | €10,911 | €5,532 | -€5,379 | -49.3% |
| Taxes | 450/3 | €5,361 | €5,532 | +€171 | +3.2% |
| Remuneration and social security | 454/9 | €5,550 | - | -€5,550 | |
| Other amounts payable | 47/48 | €2,461 | €2,105 | -€356 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,204 | €1,969 | -€235 | -10.7% |
| Other operating charges | 640/8 | €1,774 | €2,472 | +€697 | +39.3% |
| Gross operating margin | 9900 | €38,812 | -€25,267 | -€64,079 | |
| Operating profit (loss) | 9901 | €34,833 | -€29,708 | -€64,541 | |
| Financial income | 75/76B | €1 | €1 | +€0 | +55.7% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +55.7% |
| Financial charges | 65/66B | €561 | €759 | +€199 | +35.4% |
| Recurring financial charges | 65 | €561 | €759 | +€199 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €34,273 | -€30,466 | -€64,739 | |
| Income taxes | 67/77 | €10,875 | €367 | -€10,508 | -96.6% |
| Profit (loss) for the period | 9904 | €23,398 | -€30,833 | -€54,231 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,398 | -€30,833 | -€54,231 |
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 3 October 2026 via checked.be.