OLEAR: what changed
Two fiscal 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.
OLEAR
Largest movements
- Tangible fixed assets -€9,764
down €9,764 (-100.0%), from €9,764 to €0
- Stocks and contracts -€5,700
down €5,700 (-100.0%), from €5,700 to €0
- Receivables within one year +€4,826
up €4,826 (+11.9%), from €40,720 to €45,545
of which Trade receivables: +€4,826
- Cash +€2,746
up €2,746 (+12.2%), from €22,531 to €25,277
mainly Net result for the year (+€10,599) and Investment in fixed assets (net) (+€9,764)
- Debts after one year -€15,993
down €15,993 (-24.4%), from €65,528 to €49,535
- Profit (loss) carried forward +€10,599
up €10,599 (+58.2%), from -€18,219 to -€7,620
- Tax, wage and social debts -€2,833
down €2,833 (-40.6%), from €6,972 to €4,138
- Trade debts -€1,236
down €1,236 (-100.0%), from €1,236 to €0
- Accrued charges and deferred income +€804
new in 2024: €804
- Gross operating margin +€3,740
up €3,740 (+20.4%), from €18,342 to €22,082
- Depreciation -€2,236
down €2,236 (-100.0%), from €2,236 to €0
- Financial charges +€433
up €433 (+127.3%), from €340 to €773
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 | €79,986 | €71,327 | -€8,660 | -10.8% |
| Fixed assets | 21/28 | €9,764 | €0 | -€9,764 | -100.0% |
| Tangible fixed assets | 22/27 | €9,764 | €0 | -€9,764 | -100.0% |
| Furniture and vehicles | 24 | €9,764 | €0 | -€9,764 | -100.0% |
| Current assets | 29/58 | €70,222 | €71,327 | +€1,105 | +1.6% |
| Stocks and contracts in progress | 3 | €5,700 | €0 | -€5,700 | -100.0% |
| Stocks | 30/36 | €5,700 | €0 | -€5,700 | -100.0% |
| Amounts receivable within one year | 40/41 | €40,720 | €45,545 | +€4,826 | +11.9% |
| Trade receivables | 40 | €30,720 | €35,545 | +€4,826 | +15.7% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,531 | €25,277 | +€2,746 | +12.2% |
| Deferred charges and accrued income | 490/1 | €1,272 | €504 | -€767 | -60.3% |
| Total equity and liabilities | 10/49 | €79,986 | €71,327 | -€8,660 | -10.8% |
| Equity | 10/15 | €373 | €10,972 | +€10,599 | +2839.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,219 | -€7,620 | +€10,599 | +58.2% |
| Amounts payable | 17/49 | €79,613 | €60,355 | -€19,259 | -24.2% |
| Amounts payable after more than one year | 17 | €65,528 | €49,535 | -€15,993 | -24.4% |
| Other amounts payable | 178/9 | €65,528 | €49,535 | -€15,993 | -24.4% |
| Amounts payable within one year | 42/48 | €14,085 | €10,016 | -€4,070 | -28.9% |
| Trade debts | 44 | €1,236 | €0 | -€1,236 | -100.0% |
| Suppliers | 440/4 | €1,236 | €0 | -€1,236 | -100.0% |
| Advances received on contracts in progress | 46 | €5,878 | €5,878 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,972 | €4,138 | -€2,833 | -40.6% |
| Taxes | 450/3 | €6,972 | €4,138 | -€2,833 | -40.6% |
| Accrued charges and deferred income | 492/3 | - | €804 | +€804 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,236 | €0 | -€2,236 | -100.0% |
| Other operating charges | 640/8 | €1,950 | €1,772 | -€178 | -9.1% |
| Non-recurring operating charges | 66A | - | €8,938 | +€8,938 | |
| Gross operating margin | 9900 | €18,342 | €22,082 | +€3,740 | +20.4% |
| Operating profit (loss) | 9901 | €14,156 | €11,372 | -€2,785 | -19.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €340 | €773 | +€433 | +127.3% |
| Recurring financial charges | 65 | €340 | €773 | +€433 | +127.3% |
| Profit (loss) for the period before taxes | 9903 | €13,818 | €10,599 | -€3,219 | -23.3% |
| Profit (loss) for the period | 9904 | €13,818 | €10,599 | -€3,219 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,818 | €10,599 | -€3,219 | -23.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.