Olé Management: 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.
Olé Management
Largest movements
- Cash +€49,517
up €49,517 (+40.3%), from €122,766 to €172,284
mainly Net result for the year (+€41,321) and Trade debts (+€8,602)
- Receivables within one year +€7,439
up €7,439 (+42.1%), from €17,662 to €25,101
of which Trade receivables: +€7,440
- Profit (loss) carried forward +€41,321
up €41,321 (+110.6%), from €37,358 to €78,679
- Trade debts +€8,602
up €8,602 (+2309.1%), from €373 to €8,975
- Other debts +€2,911
up €2,911 (+3.1%), from €93,294 to €96,205
- Gross operating margin +€11,548
up €11,548 (+25.0%), from €46,264 to €57,812
- Taxes +€1,851
up €1,851 (+20.0%), from €9,259 to €11,110
- Financial charges +€1,647
up €1,647 (+84.2%), from €1,956 to €3,604
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 | €155,978 | €211,691 | +€55,713 | +35.7% |
| Fixed assets | 21/28 | €14,678 | €13,288 | -€1,390 | -9.5% |
| Tangible fixed assets | 22/27 | €13,438 | €12,048 | -€1,390 | -10.3% |
| Furniture and vehicles | 24 | €2,938 | €1,548 | -€1,390 | -47.3% |
| Other tangible fixed assets | 26 | €10,500 | €10,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,240 | €1,240 | = | 0.0% |
| Current assets | 29/58 | €141,300 | €198,403 | +€57,103 | +40.4% |
| Amounts receivable within one year | 40/41 | €17,662 | €25,101 | +€7,439 | +42.1% |
| Trade receivables | 40 | €11,920 | €19,360 | +€7,440 | +62.4% |
| Other amounts receivable | 41 | €5,742 | €5,741 | -€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €122,766 | €172,284 | +€49,517 | +40.3% |
| Deferred charges and accrued income | 490/1 | €872 | €1,018 | +€147 | +16.8% |
| Total equity and liabilities | 10/49 | €155,978 | €211,691 | +€55,713 | +35.7% |
| Equity | 10/15 | €56,528 | €97,849 | +€41,321 | +73.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,358 | €78,679 | +€41,321 | +110.6% |
| Amounts payable | 17/49 | €99,450 | €113,842 | +€14,392 | +14.5% |
| Amounts payable within one year | 42/48 | €99,450 | €112,690 | +€13,240 | +13.3% |
| Trade debts | 44 | €373 | €8,975 | +€8,602 | +2309.1% |
| Suppliers | 440/4 | €373 | €8,975 | +€8,602 | +2309.1% |
| Taxes, remuneration and social security | 45 | €5,784 | €7,510 | +€1,726 | +29.8% |
| Taxes | 450/3 | €5,784 | €7,510 | +€1,726 | +29.8% |
| Other amounts payable | 47/48 | €93,294 | €96,205 | +€2,911 | +3.1% |
| Accrued charges and deferred income | 492/3 | - | €1,152 | +€1,152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,382 | €1,390 | +€8 | +0.6% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €46,264 | €57,812 | +€11,548 | +25.0% |
| Operating profit (loss) | 9901 | €44,497 | €56,034 | +€11,538 | +25.9% |
| Financial charges | 65/66B | €1,956 | €3,604 | +€1,647 | +84.2% |
| Recurring financial charges | 65 | €1,956 | €3,604 | +€1,647 | +84.2% |
| Profit (loss) for the period before taxes | 9903 | €42,540 | €52,431 | +€9,890 | +23.2% |
| Income taxes | 67/77 | €9,259 | €11,110 | +€1,851 | +20.0% |
| Profit (loss) for the period | 9904 | €33,282 | €41,321 | +€8,039 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,282 | €41,321 | +€8,039 | +24.2% |
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 9 October 2026 via checked.be.