OLCAY: 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.
OLCAY
Largest movements
- Cash -€69,910
down €69,910 (-87.4%), from €79,987 to €10,077
mainly Receivables within one year (-€24,337) and Investment in fixed assets (net) (-€19,140)
- Receivables within one year +€24,337
up €24,337 (+207.3%), from €11,738 to €36,075
of which Other amounts receivable: +€24,142
- Tangible fixed assets +€15,312
up €15,312 (+37.8%), from €40,503 to €55,815
of which Furniture and vehicles: +€25,979
- Stocks and contracts +€1,495
up €1,495 (+31.4%), from €4,760 to €6,255
- Tax, wage and social debts -€16,855
down €16,855 (-81.1%), from €20,776 to €3,921
of which Taxes: -€12,255
- Other debts -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Profit (loss) carried forward -€4,767
down €4,767 (-9.4%), from €50,930 to €46,163
- Trade debts +€2,175
up €2,175 (+64.6%), from €3,368 to €5,543
- Gross operating margin -€39,934
down €39,934, from €39,455 to -€479
- Depreciation -€11,793
down €11,793 (-75.5%), from €15,621 to €3,828
- Taxes -€8,399
down €8,399, from €6,500 to -€1,899
- Financial charges -€1,459
down €1,459 (-74.5%), from €1,959 to €500
- Other operating charges +€1,155
up €1,155 (+64.4%), from €1,794 to €2,949
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,569 | €112,122 | -€29,447 | -20.8% |
| Fixed assets | 21/28 | €44,403 | €59,715 | +€15,312 | +34.5% |
| Tangible fixed assets | 22/27 | €40,503 | €55,815 | +€15,312 | +37.8% |
| Plant, machinery and equipment | 23 | €10,667 | - | -€10,667 | |
| Furniture and vehicles | 24 | €963 | €26,942 | +€25,979 | +2697.7% |
| Leasing and similar rights | 25 | €27,493 | €27,493 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,380 | €1,380 | = | 0.0% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €97,166 | €52,407 | -€44,760 | -46.1% |
| Stocks and contracts in progress | 3 | €4,760 | €6,255 | +€1,495 | +31.4% |
| Stocks | 30/36 | €4,760 | €6,255 | +€1,495 | +31.4% |
| Amounts receivable within one year | 40/41 | €11,738 | €36,075 | +€24,337 | +207.3% |
| Trade receivables | 40 | €4,223 | €4,418 | +€195 | +4.6% |
| Other amounts receivable | 41 | €7,515 | €31,657 | +€24,142 | +321.2% |
| Cash at bank and in hand | 54/58 | €79,987 | €10,077 | -€69,910 | -87.4% |
| Deferred charges and accrued income | 490/1 | €681 | - | -€681 | |
| Total equity and liabilities | 10/49 | €141,569 | €112,122 | -€29,447 | -20.8% |
| Equity | 10/15 | €90,735 | €85,969 | -€4,767 | -5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,606 | €33,606 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,746 | €31,746 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,930 | €46,163 | -€4,767 | -9.4% |
| Amounts payable | 17/49 | €50,834 | €26,153 | -€24,681 | -48.6% |
| Amounts payable after more than one year | 17 | €8,971 | €8,971 | = | 0.0% |
| Financial debts | 170/4 | €8,971 | €8,971 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,863 | €17,182 | -€24,681 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €7,718 | €7,718 | = | 0.0% |
| Trade debts | 44 | €3,368 | €5,543 | +€2,175 | +64.6% |
| Suppliers | 440/4 | €3,368 | €5,543 | +€2,175 | +64.6% |
| Taxes, remuneration and social security | 45 | €20,776 | €3,921 | -€16,855 | -81.1% |
| Taxes | 450/3 | €14,926 | €2,671 | -€12,255 | -82.1% |
| Remuneration and social security | 454/9 | €5,850 | €1,250 | -€4,600 | -78.6% |
| Other amounts payable | 47/48 | €10,000 | €0 | -€10,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,621 | €3,828 | -€11,793 | -75.5% |
| Other operating charges | 640/8 | €1,794 | €2,949 | +€1,155 | +64.4% |
| Gross operating margin | 9900 | €39,455 | -€479 | -€39,934 | |
| Operating profit (loss) | 9901 | €21,657 | -€7,256 | -€28,912 | |
| Financial income | 75/76B | €30 | €1,090 | +€1,060 | +3532.8% |
| Recurring financial income | 75 | €30 | €1,090 | +€1,060 | +3532.8% |
| Financial charges | 65/66B | €1,959 | €500 | -€1,459 | -74.5% |
| Recurring financial charges | 65 | €1,959 | €500 | -€1,459 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €19,728 | -€6,666 | -€26,394 | |
| Income taxes | 67/77 | €6,500 | -€1,899 | -€8,399 | |
| Profit (loss) for the period | 9904 | €13,228 | -€4,767 | -€17,995 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,228 | -€4,767 | -€17,995 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.