OLEA: 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.
OLEA
Largest movements
- Tangible fixed assets -€101,442
down €101,442 (-42.4%), from €239,397 to €137,955
- Receivables within one year +€22,495
up €22,495 (+10.5%), from €214,252 to €236,747
of which Trade receivables: +€21,837
- Cash +€16,811
up €16,811 (+44.8%), from €37,486 to €54,297
mainly Depreciation (+€101,442) and Tax, wage and social debts (+€39,403)
- Debts after one year -€63,551
down €63,551 (-59.3%), from €107,080 to €43,529
of which Financial debts: -€33,396
- Tax, wage and social debts +€39,403
up €39,403 (+492%), from €8,005 to €47,408
- Current portion of long-term debt -€26,558
down €26,558 (-44.3%), from €59,954 to €33,396
- Other debts -€12,525
down €12,525 (-18.9%), from €66,168 to €53,643
- Gross operating margin -€7,578
down €7,578 (-6.5%), from €115,724 to €108,146
- Financial charges -€3,293
down €3,293 (-29.7%), from €11,099 to €7,806
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.
Derived cash bridge
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 | €491,135 | €428,998 | -€62,136 | -12.7% |
| Fixed assets | 21/28 | €239,397 | €137,955 | -€101,442 | -42.4% |
| Tangible fixed assets | 22/27 | €239,397 | €137,955 | -€101,442 | -42.4% |
| Plant, machinery and equipment | 23 | €239,397 | €137,955 | -€101,442 | -42.4% |
| Current assets | 29/58 | €251,738 | €291,044 | +€39,306 | +15.6% |
| Amounts receivable within one year | 40/41 | €214,252 | €236,747 | +€22,495 | +10.5% |
| Trade receivables | 40 | €192,363 | €214,200 | +€21,837 | +11.4% |
| Other amounts receivable | 41 | €21,889 | €22,547 | +€658 | +3.0% |
| Cash at bank and in hand | 54/58 | €37,486 | €54,297 | +€16,811 | +44.8% |
| Total equity and liabilities | 10/49 | €491,135 | €428,998 | -€62,136 | -12.7% |
| Equity | 10/15 | €175,679 | €174,277 | -€1,402 | -0.8% |
| Contributions | 10/11 | €40,020 | €40,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,659 | €134,257 | -€1,402 | -1.0% |
| Amounts payable | 17/49 | €315,455 | €254,721 | -€60,734 | -19.3% |
| Amounts payable after more than one year | 17 | €107,080 | €43,529 | -€63,551 | -59.3% |
| Financial debts | 170/4 | €33,396 | €0 | -€33,396 | -100% |
| Other amounts payable | 178/9 | €73,684 | €43,529 | -€30,155 | -40.9% |
| Amounts payable within one year | 42/48 | €135,243 | €135,563 | +€320 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €59,954 | €33,396 | -€26,558 | -44.3% |
| Trade debts | 44 | €1,116 | €1,116 | = | 0.0% |
| Suppliers | 440/4 | €1,116 | €1,116 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,005 | €47,408 | +€39,403 | +492% |
| Taxes | 450/3 | €8,005 | €47,408 | +€39,403 | +492% |
| Other amounts payable | 47/48 | €66,168 | €53,643 | -€12,525 | -18.9% |
| Accrued charges and deferred income | 492/3 | €73,132 | €75,629 | +€2,497 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,442 | €101,442 | -€0 | 0.0% |
| Other operating charges | 640/8 | €592 | €487 | -€105 | -17.7% |
| Gross operating margin | 9900 | €115,724 | €108,146 | -€7,578 | -6.5% |
| Operating profit (loss) | 9901 | €13,689 | €6,216 | -€7,473 | -54.6% |
| Financial income | 75/76B | €305 | €269 | -€36 | -11.8% |
| Recurring financial income | 75 | €305 | €269 | -€36 | -11.8% |
| Financial charges | 65/66B | €11,099 | €7,806 | -€3,293 | -29.7% |
| Recurring financial charges | 65 | €11,099 | €7,806 | -€3,293 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €2,895 | -€1,321 | -€4,216 | |
| Income taxes | 67/77 | €91 | €81 | -€11 | -11.8% |
| Profit (loss) for the period | 9904 | €2,804 | -€1,402 | -€4,206 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,804 | -€1,402 | -€4,206 |
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 14 October 2026 via checked.be.