OLC GROUP: 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.
OLC GROUP
Largest movements
- Intangible fixed assets -€13,130
down €13,130 (-67.8%), from €19,372 to €6,242
- Cash +€8,383
up €8,383 (+226.8%), from €3,696 to €12,079
mainly Net result for the year (+€12,714) and Investment in fixed assets (net) (+€10,000)
- Tangible fixed assets -€6,802
down €6,802 (-38.4%), from €17,706 to €10,903
of which Furniture and vehicles: -€3,625
- Receivables within one year -€4,731
down €4,731 (-22.0%), from €21,467 to €16,735
of which Other amounts receivable: -€3,742
- Deferred charges and accrued income -€4,465
no longer reported in 2025 (was €4,465)
- Trade debts -€25,383
down €25,383 (-77.2%), from €32,880 to €7,497
- Reserves +€12,714
up €12,714 (+66.4%), from €19,145 to €31,859
- Tax, wage and social debts -€12,276
down €12,276 (-77.1%), from €15,915 to €3,639
of which Taxes: -€9,605
- Other debts +€2,500
up €2,500 (+82.9%), from €3,015 to €5,515
- Advances received +€1,700
new in 2025: €1,700
- Staff costs -€49,598
down €49,598 (-97.1%), from €51,069 to €1,472
- Depreciation +€8,044
up €8,044 (+425.9%), from €1,888 to €9,932
- Gross operating margin -€6,769
down €6,769 (-20.6%), from €32,924 to €26,155
- Taxes -€2,603
no longer reported in 2025 (was €2,603)
- Other operating charges -€1,055
down €1,055 (-47.3%), from €2,230 to €1,176
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 | €72,955 | €52,210 | -€20,745 | -28.4% |
| Fixed assets | 21/28 | €43,328 | €23,396 | -€19,932 | -46.0% |
| Intangible fixed assets | 21 | €19,372 | €6,242 | -€13,130 | -67.8% |
| Tangible fixed assets | 22/27 | €17,706 | €10,903 | -€6,802 | -38.4% |
| Plant, machinery and equipment | 23 | €6,840 | €3,663 | -€3,177 | -46.4% |
| Furniture and vehicles | 24 | €10,866 | €7,241 | -€3,625 | -33.4% |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €29,627 | €28,814 | -€813 | -2.7% |
| Amounts receivable within one year | 40/41 | €21,467 | €16,735 | -€4,731 | -22.0% |
| Trade receivables | 40 | €14,525 | €13,536 | -€989 | -6.8% |
| Other amounts receivable | 41 | €6,941 | €3,199 | -€3,742 | -53.9% |
| Cash at bank and in hand | 54/58 | €3,696 | €12,079 | +€8,383 | +226.8% |
| Deferred charges and accrued income | 490/1 | €4,465 | - | -€4,465 | |
| Total equity and liabilities | 10/49 | €72,955 | €52,210 | -€20,745 | -28.4% |
| Equity | 10/15 | €21,145 | €33,859 | +€12,714 | +60.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €19,145 | €31,859 | +€12,714 | +66.4% |
| Distributable reserves | 133 | €19,145 | €31,859 | +€12,714 | +66.4% |
| Amounts payable | 17/49 | €51,810 | €18,350 | -€33,460 | -64.6% |
| Amounts payable within one year | 42/48 | €51,810 | €18,350 | -€33,460 | -64.6% |
| Trade debts | 44 | €32,880 | €7,497 | -€25,383 | -77.2% |
| Suppliers | 440/4 | €32,880 | €7,497 | -€25,383 | -77.2% |
| Advances received on contracts in progress | 46 | - | €1,700 | +€1,700 | |
| Taxes, remuneration and social security | 45 | €15,915 | €3,639 | -€12,276 | -77.1% |
| Taxes | 450/3 | €12,435 | €2,830 | -€9,605 | -77.2% |
| Remuneration and social security | 454/9 | €3,481 | €809 | -€2,672 | -76.8% |
| Other amounts payable | 47/48 | €3,015 | €5,515 | +€2,500 | +82.9% |
| Remuneration, social security and pensions | 62 | €51,069 | €1,472 | -€49,598 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,888 | €9,932 | +€8,044 | +425.9% |
| Other operating charges | 640/8 | €2,230 | €1,176 | -€1,055 | -47.3% |
| Gross operating margin | 9900 | €32,924 | €26,155 | -€6,769 | -20.6% |
| Operating profit (loss) | 9901 | -€22,264 | €13,576 | +€35,840 | |
| Financial income | 75/76B | €148 | €139 | -€9 | -5.8% |
| Recurring financial income | 75 | €148 | €139 | -€9 | -5.8% |
| Financial charges | 65/66B | €414 | €1,000 | +€587 | +141.8% |
| Recurring financial charges | 65 | €414 | €1,000 | +€587 | +141.8% |
| Profit (loss) for the period before taxes | 9903 | -€22,530 | €12,714 | +€35,244 | |
| Income taxes | 67/77 | €2,603 | - | -€2,603 | |
| Profit (loss) for the period | 9904 | -€25,133 | €12,714 | +€37,847 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,133 | €12,714 | +€37,847 |
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 11 October 2026 via checked.be.