OLEAS PARTNERS: 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.
OLEAS PARTNERS
Largest movements
- Cash -€44,367
down €44,367 (-34.7%), from €128,023 to €83,656
mainly Contributions, distributions and other (-€158,946) and Debts after one year (-€21,363)
- Tangible fixed assets -€31,159
down €31,159 (-22.7%), from €137,330 to €106,171
of which Furniture and vehicles: -€31,402
- Other debts +€134,481
up €134,481 (+62,346%), from €216 to €134,696
- Reserves -€85,015
down €85,015 (-80.2%), from €106,045 to €21,030
of which Distributable reserves: -€85,015
- Profit (loss) carried forward -€73,976
no longer reported in 2026 (was €73,976)
- Debts after one year -€21,363
down €21,363 (-39.5%), from €54,087 to €32,724
- Contributions -€16,600
down €16,600 (-89.2%), from €18,600 to €2,000
- Gross operating margin -€29,690
down €29,690 (-44.1%), from €67,288 to €37,598
- Depreciation +€5,284
up €5,284 (+14.9%), from €35,378 to €40,662
- Taxes -€4,472
down €4,472 (-48.5%), from €9,214 to €4,742
- Other operating charges +€2,132
up €2,132 (+57.0%), from €3,744 to €5,876
- Financial charges -€1,334
down €1,334 (-31.0%), from €4,297 to €2,963
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €311,571 | €238,327 | -€73,244 | -23.5% |
| Fixed assets | 21/28 | €140,180 | €109,021 | -€31,159 | -22.2% |
| Tangible fixed assets | 22/27 | €137,330 | €106,171 | -€31,159 | -22.7% |
| Furniture and vehicles | 24 | €76,244 | €44,841 | -€31,402 | -41.2% |
| Other tangible fixed assets | 26 | €61,087 | €61,330 | +€243 | +0.4% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €171,391 | €129,306 | -€42,085 | -24.6% |
| Amounts receivable within one year | 40/41 | €42,462 | €43,927 | +€1,466 | +3.5% |
| Trade receivables | 40 | €39,037 | €39,927 | +€890 | +2.3% |
| Other amounts receivable | 41 | €3,424 | €4,000 | +€576 | +16.8% |
| Cash at bank and in hand | 54/58 | €128,023 | €83,656 | -€44,367 | -34.7% |
| Deferred charges and accrued income | 490/1 | €907 | €1,723 | +€817 | +90.1% |
| Total equity and liabilities | 10/49 | €311,571 | €238,327 | -€73,244 | -23.5% |
| Equity | 10/15 | €198,621 | €23,030 | -€175,590 | -88.4% |
| Contributions | 10/11 | €18,600 | €2,000 | -€16,600 | -89.2% |
| Reserves | 13 | €106,045 | €21,030 | -€85,015 | -80.2% |
| 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 | €104,185 | €19,170 | -€85,015 | -81.6% |
| Profit (loss) carried forward | 14 | €73,976 | - | -€73,976 | |
| Amounts payable | 17/49 | €112,951 | €215,297 | +€102,346 | +90.6% |
| Amounts payable after more than one year | 17 | €54,087 | €32,724 | -€21,363 | -39.5% |
| Financial debts | 170/4 | €54,087 | €32,724 | -€21,363 | -39.5% |
| Amounts payable within one year | 42/48 | €58,864 | €182,572 | +€123,709 | +210% |
| Current portion of amounts payable after more than one year | 42 | €20,793 | €21,363 | +€570 | +2.7% |
| Trade debts | 44 | €14,500 | €2,145 | -€12,355 | -85.2% |
| Suppliers | 440/4 | €14,500 | €2,145 | -€12,355 | -85.2% |
| Taxes, remuneration and social security | 45 | €23,355 | €24,369 | +€1,013 | +4.3% |
| Taxes | 450/3 | €23,355 | €24,369 | +€1,013 | +4.3% |
| Other amounts payable | 47/48 | €216 | €134,696 | +€134,481 | +62,346% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,378 | €40,662 | +€5,284 | +14.9% |
| Other operating charges | 640/8 | €3,744 | €5,876 | +€2,132 | +57.0% |
| Gross operating margin | 9900 | €67,288 | €37,598 | -€29,690 | -44.1% |
| Operating profit (loss) | 9901 | €28,167 | -€8,940 | -€37,107 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -70.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -70.0% |
| Financial charges | 65/66B | €4,297 | €2,963 | -€1,334 | -31.0% |
| Recurring financial charges | 65 | €4,297 | €2,963 | -€1,334 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €23,871 | -€11,902 | -€35,773 | |
| Income taxes | 67/77 | €9,214 | €4,742 | -€4,472 | -48.5% |
| Profit (loss) for the period | 9904 | €14,657 | -€16,644 | -€31,301 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,657 | -€16,644 | -€31,301 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.