OLEGARIO: 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.
OLEGARIO
Largest movements
- Cash -€9,111
down €9,111 (-13.0%), from €70,307 to €61,197
mainly Other debts (-€12,987) and Tax, wage and social debts (-€2,975)
- Other debts -€12,987
no longer reported in 2025 (was €12,987)
- Reserves +€6,800
up €6,800 (+25.9%), from €26,264 to €33,064
of which Distributable reserves: +€6,800
- Tax, wage and social debts -€2,975
down €2,975 (-14.1%), from €21,123 to €18,147
of which Remuneration and social security: -€7,000
- Gross operating margin +€8,879
up €8,879 (+202%), from €4,392 to €13,271
- Purchases and services +€3,940
up €3,940 (+6.1%), from €64,768 to €68,708
- Taxes +€2,937
up €2,937, from -€299 to €2,638
- Other operating charges +€1,468
up €1,468 (+66.4%), from €2,210 to €3,678
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 | €70,307 | €61,197 | -€9,111 | -13.0% |
| Current assets | 29/58 | €70,307 | €61,197 | -€9,111 | -13.0% |
| Cash at bank and in hand | 54/58 | €70,307 | €61,197 | -€9,111 | -13.0% |
| Total equity and liabilities | 10/49 | €70,307 | €61,197 | -€9,111 | -13.0% |
| Equity | 10/15 | €35,780 | €42,670 | +€6,890 | +19.3% |
| Contributions | 10/11 | €6,445 | €6,445 | = | 0.0% |
| Reserves | 13 | €26,264 | €33,064 | +€6,800 | +25.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €24,405 | €31,205 | +€6,800 | +27.9% |
| Profit (loss) carried forward | 14 | €3,071 | €3,161 | +€90 | +2.9% |
| Amounts payable | 17/49 | €34,527 | €18,526 | -€16,001 | -46.3% |
| Amounts payable within one year | 42/48 | €34,527 | €18,526 | -€16,001 | -46.3% |
| Trade debts | 44 | €418 | €379 | -€39 | -9.3% |
| Suppliers | 440/4 | €418 | €379 | -€39 | -9.3% |
| Taxes, remuneration and social security | 45 | €21,123 | €18,147 | -€2,975 | -14.1% |
| Taxes | 450/3 | €2,123 | €6,147 | +€4,025 | +190% |
| Remuneration and social security | 454/9 | €19,000 | €12,000 | -€7,000 | -36.8% |
| Other amounts payable | 47/48 | €12,987 | - | -€12,987 | |
| Goods, raw materials, services and sundry goods | 60/61 | €64,768 | €68,708 | +€3,940 | +6.1% |
| Other operating charges | 640/8 | €2,210 | €3,678 | +€1,468 | +66.4% |
| Gross operating margin | 9900 | €4,392 | €13,271 | +€8,879 | +202% |
| Operating profit (loss) | 9901 | €2,183 | €9,594 | +€7,411 | +340% |
| Financial charges | 65/66B | €62 | €65 | +€3 | +5.3% |
| Recurring financial charges | 65 | €62 | €65 | +€3 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €2,121 | €9,528 | +€7,408 | +349% |
| Income taxes | 67/77 | -€299 | €2,638 | +€2,937 | |
| Profit (loss) for the period | 9904 | €2,420 | €6,890 | +€4,470 | +185% |
| Profit (loss) for the period to be appropriated | 9905 | €2,420 | €6,890 | +€4,470 | +185% |
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 29 October 2026 via checked.be.