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
- Cash -€66,407
down €66,407 (-57.0%), from €116,436 to €50,030
mainly Current investments (-€60,000) and Receivables within one year (-€14,259)
- Current investments +€60,000
new in 2025: €60,000
- Receivables within one year +€14,259
up €14,259 (+186%), from €7,655 to €21,914
of which Trade receivables: +€13,035
- Tangible fixed assets -€5,482
down €5,482 (-24.2%), from €22,672 to €17,190
of which Furniture and vehicles: -€3,851
- Other debts +€3,714
up €3,714 (+46.6%), from €7,978 to €11,692
- Trade debts -€1,712
down €1,712 (-61.9%), from €2,765 to €1,053
- Gross operating margin -€4,755
down €4,755 (-41.1%), from €11,572 to €6,817
- Taxes -€1,127
down €1,127 (-83.7%), from €1,346 to €219
- Depreciation -€377
down €377 (-6.4%), from €5,859 to €5,482
- Other operating charges +€173
up €173 (+34.3%), from €504 to €677
- Financial income +€140
up €140 (+97.4%), from €144 to €285
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 | €151,585 | €154,174 | +€2,590 | +1.7% |
| Fixed assets | 21/28 | €23,172 | €17,690 | -€5,482 | -23.7% |
| Tangible fixed assets | 22/27 | €22,672 | €17,190 | -€5,482 | -24.2% |
| Plant, machinery and equipment | 23 | €3,356 | €2,421 | -€935 | -27.9% |
| Furniture and vehicles | 24 | €11,120 | €7,269 | -€3,851 | -34.6% |
| Other tangible fixed assets | 26 | €8,196 | €7,500 | -€696 | -8.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €128,413 | €136,484 | +€8,071 | +6.3% |
| Amounts receivable within one year | 40/41 | €7,655 | €21,914 | +€14,259 | +186% |
| Trade receivables | 40 | €6,000 | €19,035 | +€13,035 | +217% |
| Other amounts receivable | 41 | €1,655 | €2,879 | +€1,224 | +74.0% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €116,436 | €50,030 | -€66,407 | -57.0% |
| Deferred charges and accrued income | 490/1 | €4,322 | €4,540 | +€219 | +5.1% |
| Total equity and liabilities | 10/49 | €151,585 | €154,174 | +€2,590 | +1.7% |
| Equity | 10/15 | €139,903 | €140,461 | +€558 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,303 | €121,861 | +€558 | +0.5% |
| Distributable reserves | 133 | €121,303 | €121,861 | +€558 | +0.5% |
| Amounts payable | 17/49 | €11,682 | €13,713 | +€2,031 | +17.4% |
| Amounts payable within one year | 42/48 | €10,743 | €12,745 | +€2,002 | +18.6% |
| Trade debts | 44 | €2,765 | €1,053 | -€1,712 | -61.9% |
| Suppliers | 440/4 | €2,765 | €1,053 | -€1,712 | -61.9% |
| Other amounts payable | 47/48 | €7,978 | €11,692 | +€3,714 | +46.6% |
| Accrued charges and deferred income | 492/3 | €939 | €968 | +€29 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,859 | €5,482 | -€377 | -6.4% |
| Other operating charges | 640/8 | €504 | €677 | +€173 | +34.3% |
| Gross operating margin | 9900 | €11,572 | €6,817 | -€4,755 | -41.1% |
| Operating profit (loss) | 9901 | €5,208 | €657 | -€4,551 | -87.4% |
| Financial income | 75/76B | €144 | €285 | +€140 | +97.4% |
| Recurring financial income | 75 | €144 | €285 | +€140 | +97.4% |
| Financial charges | 65/66B | €108 | €165 | +€57 | +52.9% |
| Recurring financial charges | 65 | €108 | €165 | +€57 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €5,245 | €777 | -€4,467 | -85.2% |
| Income taxes | 67/77 | €1,346 | €219 | -€1,127 | -83.7% |
| Profit (loss) for the period | 9904 | €3,898 | €558 | -€3,340 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,898 | €558 | -€3,340 | -85.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.