Olberry: 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.
Olberry
Largest movements
- Tangible fixed assets +€37,376
up €37,376 (+287.9%), from €12,981 to €50,357
of which Land and buildings: +€29,451
- Cash -€7,069
down €7,069 (-20.3%), from €34,747 to €27,678
mainly Investment in fixed assets (net) (-€44,402) and Contributions, distributions and other (-€38,282)
- Debts after one year +€15,697
new in 2025: €15,697
- Other debts +€9,447
up €9,447 (+19.6%), from €48,237 to €57,684
- Current portion of long-term debt +€6,554
new in 2025: €6,554
- Gross operating margin -€15,855
down €15,855 (-20.0%), from €79,271 to €63,416
- Other operating charges -€5,031
down €5,031 (-60.1%), from €8,370 to €3,339
- Taxes -€2,814
down €2,814 (-20.0%), from €14,065 to €11,252
- Depreciation +€1,310
up €1,310 (+22.9%), from €5,717 to €7,026
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 | €77,897 | €109,455 | +€31,557 | +40.5% |
| Fixed assets | 21/28 | €12,981 | €50,357 | +€37,376 | +287.9% |
| Tangible fixed assets | 22/27 | €12,981 | €50,357 | +€37,376 | +287.9% |
| Land and buildings | 22 | - | €29,451 | +€29,451 | |
| Furniture and vehicles | 24 | €12,981 | €15,051 | +€2,070 | +15.9% |
| Other tangible fixed assets | 26 | - | €5,855 | +€5,855 | |
| Current assets | 29/58 | €64,916 | €59,098 | -€5,818 | -9.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €24,998 | €25,973 | +€975 | +3.9% |
| Trade receivables | 40 | €21,064 | €21,269 | +€205 | +1.0% |
| Other amounts receivable | 41 | €3,934 | €4,704 | +€770 | +19.6% |
| Cash at bank and in hand | 54/58 | €34,747 | €27,678 | -€7,069 | -20.3% |
| Deferred charges and accrued income | 490/1 | €5,172 | €5,447 | +€275 | +5.3% |
| Total equity and liabilities | 10/49 | €77,897 | €109,455 | +€31,557 | +40.5% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €59,297 | €90,855 | +€31,557 | +53.2% |
| Amounts payable after more than one year | 17 | - | €15,697 | +€15,697 | |
| Financial debts | 170/4 | - | €15,697 | +€15,697 | |
| Amounts payable within one year | 42/48 | €59,297 | €75,157 | +€15,860 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | - | €6,554 | +€6,554 | |
| Financial debts | 43 | €1,091 | €477 | -€614 | -56.3% |
| Credit institutions | 430/8 | €1,091 | €477 | -€614 | -56.3% |
| Trade debts | 44 | €2,431 | €2,558 | +€127 | +5.2% |
| Suppliers | 440/4 | €2,431 | €2,558 | +€127 | +5.2% |
| Taxes, remuneration and social security | 45 | €7,539 | €7,885 | +€347 | +4.6% |
| Taxes | 450/3 | €7,539 | €7,885 | +€347 | +4.6% |
| Other amounts payable | 47/48 | €48,237 | €57,684 | +€9,447 | +19.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,717 | €7,026 | +€1,310 | +22.9% |
| Other operating charges | 640/8 | €8,370 | €3,339 | -€5,031 | -60.1% |
| Non-recurring operating charges | 66A | €277 | €0 | -€277 | -100.0% |
| Gross operating margin | 9900 | €79,271 | €63,416 | -€15,855 | -20.0% |
| Operating profit (loss) | 9901 | €64,907 | €53,051 | -€11,856 | -18.3% |
| Financial income | 75/76B | €397 | €0 | -€397 | -99.9% |
| Recurring financial income | 75 | €397 | €0 | -€397 | -99.9% |
| Financial charges | 65/66B | €3,002 | €3,517 | +€515 | +17.2% |
| Recurring financial charges | 65 | €3,002 | €3,517 | +€515 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €62,302 | €49,534 | -€12,768 | -20.5% |
| Income taxes | 67/77 | €14,065 | €11,252 | -€2,814 | -20.0% |
| Profit (loss) for the period | 9904 | €48,237 | €38,282 | -€9,954 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,237 | €38,282 | -€9,954 | -20.6% |
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 7 October 2026 via checked.be.