OLB: 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.
OLB
Largest movements
- Receivables within one year +€190,350
up €190,350 (+21.7%), from €878,198 to €1.1m
of which Trade receivables: +€116,698
- Tangible fixed assets +€55,108
up €55,108 (+91.1%), from €60,513 to €115,621
- Cash -€26,688
down €26,688 (-72.5%), from €36,793 to €10,105
mainly Receivables within one year (-€190,350) and Investment in fixed assets (net) (-€104,210)
- Trade debts +€123,909
up €123,909 (+27.9%), from €443,698 to €567,607
- Profit (loss) carried forward +€54,915
up €54,915 (+18.8%), from €292,157 to €347,072
- Tax, wage and social debts +€39,945
up €39,945 (+18.0%), from €222,449 to €262,394
of which Taxes: +€24,079
- Gross operating margin -€69,789
down €69,789 (-20.5%), from €340,360 to €270,571
- Staff costs +€55,998
up €55,998 (+54.8%), from €102,214 to €158,212
- Taxes -€35,769
down €35,769 (-64.1%), from €55,759 to €19,990
- Depreciation +€21,905
up €21,905 (+80.5%), from €27,198 to €49,103
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 | €975,504 | €1,194,274 | +€218,769 | +22.4% |
| Fixed assets | 21/28 | €60,513 | €115,621 | +€55,108 | +91.1% |
| Tangible fixed assets | 22/27 | €60,513 | €115,621 | +€55,108 | +91.1% |
| Furniture and vehicles | 24 | €60,513 | €115,621 | +€55,108 | +91.1% |
| Current assets | 29/58 | €914,991 | €1,078,653 | +€163,662 | +17.9% |
| Amounts receivable within one year | 40/41 | €878,198 | €1,068,548 | +€190,350 | +21.7% |
| Trade receivables | 40 | €411,159 | €527,856 | +€116,698 | +28.4% |
| Other amounts receivable | 41 | €467,039 | €540,692 | +€73,653 | +15.8% |
| Cash at bank and in hand | 54/58 | €36,793 | €10,105 | -€26,688 | -72.5% |
| Total equity and liabilities | 10/49 | €975,504 | €1,194,274 | +€218,769 | +22.4% |
| Equity | 10/15 | €309,357 | €364,272 | +€54,915 | +17.8% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €292,157 | €347,072 | +€54,915 | +18.8% |
| Amounts payable | 17/49 | €666,147 | €830,002 | +€163,855 | +24.6% |
| Amounts payable within one year | 42/48 | €666,147 | €830,002 | +€163,855 | +24.6% |
| Trade debts | 44 | €443,698 | €567,607 | +€123,909 | +27.9% |
| Suppliers | 440/4 | €443,698 | €567,607 | +€123,909 | +27.9% |
| Taxes, remuneration and social security | 45 | €222,449 | €262,394 | +€39,945 | +18.0% |
| Taxes | 450/3 | €205,254 | €229,333 | +€24,079 | +11.7% |
| Remuneration and social security | 454/9 | €17,195 | €33,061 | +€15,866 | +92.3% |
| Remuneration, social security and pensions | 62 | €102,214 | €158,212 | +€55,998 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,198 | €49,103 | +€21,905 | +80.5% |
| Other operating charges | 640/8 | €4,704 | €4,713 | +€9 | +0.2% |
| Non-recurring operating charges | 66A | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | €340,360 | €270,571 | -€69,789 | -20.5% |
| Operating profit (loss) | 9901 | €205,244 | €58,543 | -€146,701 | -71.5% |
| Financial charges | 65/66B | €624 | €577 | -€47 | -7.5% |
| Recurring financial charges | 65 | €624 | €577 | -€47 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €204,620 | €57,966 | -€146,654 | -71.7% |
| Income taxes | 67/77 | €55,759 | €19,990 | -€35,769 | -64.1% |
| Profit (loss) for the period | 9904 | €148,861 | €37,976 | -€110,885 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €148,861 | €37,976 | -€110,885 | -74.5% |
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 1 October 2026 via checked.be.