OLEON: 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.
OLEON
Largest movements
- Cash -€13,705
down €13,705 (-77.2%), from €17,743 to €4,038
mainly Trade debts (-€14,348) and Net result for the year (-€9,513)
- Receivables within one year +€2,879
up €2,879 (+9.9%), from €29,121 to €32,000
of which Trade receivables: +€3,091
- Other debts +€15,472
up €15,472 (+304.6%), from €5,080 to €20,552
- Trade debts -€14,348
down €14,348 (-91.0%), from €15,774 to €1,427
- Profit (loss) carried forward -€9,513
down €9,513, from €8,013 to -€1,501
- Tax, wage and social debts -€2,303
down €2,303 (-12.5%), from €18,425 to €16,122
- Gross operating margin -€19,183
down €19,183, from €13,258 to -€5,925
- Taxes -€2,889
down €2,889 (-95.6%), from €3,021 to €132
- Other operating charges +€1,128
up €1,128 (+130.6%), from €863 to €1,991
- Depreciation +€824
up €824 (+340.0%), from €242 to €1,066
- Financial charges +€229
up €229 (+133.7%), from €171 to €401
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 | €49,792 | €39,100 | -€10,692 | -21.5% |
| Fixed assets | 21/28 | €2,928 | €3,062 | +€134 | +4.6% |
| Tangible fixed assets | 22/27 | €2,928 | €3,062 | +€134 | +4.6% |
| Furniture and vehicles | 24 | €2,928 | €3,062 | +€134 | +4.6% |
| Current assets | 29/58 | €46,864 | €36,038 | -€10,826 | -23.1% |
| Amounts receivable within one year | 40/41 | €29,121 | €32,000 | +€2,879 | +9.9% |
| Trade receivables | 40 | €28,909 | €32,000 | +€3,091 | +10.7% |
| Other amounts receivable | 41 | €212 | €0 | -€212 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,743 | €4,038 | -€13,705 | -77.2% |
| Total equity and liabilities | 10/49 | €49,792 | €39,100 | -€10,692 | -21.5% |
| Equity | 10/15 | €10,513 | €999 | -€9,513 | -90.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,013 | -€1,501 | -€9,513 | |
| Amounts payable | 17/49 | €39,279 | €38,101 | -€1,178 | -3.0% |
| Amounts payable within one year | 42/48 | €39,279 | €38,101 | -€1,178 | -3.0% |
| Trade debts | 44 | €15,774 | €1,427 | -€14,348 | -91.0% |
| Suppliers | 440/4 | €15,774 | €1,427 | -€14,348 | -91.0% |
| Taxes, remuneration and social security | 45 | €18,425 | €16,122 | -€2,303 | -12.5% |
| Taxes | 450/3 | €18,425 | €16,122 | -€2,303 | -12.5% |
| Other amounts payable | 47/48 | €5,080 | €20,552 | +€15,472 | +304.6% |
| Remuneration, social security and pensions | 62 | €148 | €0 | -€148 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242 | €1,066 | +€824 | +340.0% |
| Other operating charges | 640/8 | €863 | €1,991 | +€1,128 | +130.6% |
| Gross operating margin | 9900 | €13,258 | -€5,925 | -€19,183 | |
| Operating profit (loss) | 9901 | €12,005 | -€8,981 | -€20,986 | |
| Financial charges | 65/66B | €171 | €401 | +€229 | +133.7% |
| Recurring financial charges | 65 | €171 | €401 | +€229 | +133.7% |
| Profit (loss) for the period before taxes | 9903 | €11,834 | -€9,382 | -€21,215 | |
| Income taxes | 67/77 | €3,021 | €132 | -€2,889 | -95.6% |
| Profit (loss) for the period | 9904 | €8,813 | -€9,513 | -€18,326 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,813 | -€9,513 | -€18,326 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.