OLEUM: 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.
OLEUM
Largest movements
- Cash +€38,577
up €38,577 (+25.6%), from €150,923 to €189,500
mainly Depreciation (+€13,367) and Trade debts (+€8,953)
- Tangible fixed assets -€13,367
down €13,367 (-3.3%), from €402,183 to €388,816
- Trade debts +€8,953
up €8,953 (+38.2%), from €23,425 to €32,377
- Reserves +€8,694
up €8,694 (+6.2%), from €139,886 to €148,580
- Debts after one year +€7,552
up €7,552 (+4.8%), from €158,315 to €165,867
- Gross operating margin -€15,822
down €15,822 (-22.8%), from €69,380 to €53,557
- Other operating charges +€15,755
up €15,755 (+1034.5%), from €1,523 to €17,278
- Taxes -€6,494
down €6,494 (-66.6%), from €9,750 to €3,256
- Depreciation -€4,902
down €4,902 (-26.8%), from €18,269 to €13,367
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.
Cash bridge derived
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 | €577,309 | €601,084 | +€23,775 | +4.1% |
| Fixed assets | 21/28 | €402,183 | €388,816 | -€13,367 | -3.3% |
| Tangible fixed assets | 22/27 | €402,183 | €388,816 | -€13,367 | -3.3% |
| Land and buildings | 22 | €402,183 | €388,816 | -€13,367 | -3.3% |
| Current assets | 29/58 | €175,125 | €212,268 | +€37,142 | +21.2% |
| Amounts receivable within one year | 40/41 | €6,682 | €7,105 | +€423 | +6.3% |
| Trade receivables | 40 | €6,544 | €7,105 | +€561 | +8.6% |
| Other amounts receivable | 41 | €138 | €0 | -€138 | -100.0% |
| Cash at bank and in hand | 54/58 | €150,923 | €189,500 | +€38,577 | +25.6% |
| Deferred charges and accrued income | 490/1 | €17,520 | €15,663 | -€1,858 | -10.6% |
| Total equity and liabilities | 10/49 | €577,309 | €601,084 | +€23,775 | +4.1% |
| Equity | 10/15 | €385,360 | €394,053 | +€8,694 | +2.3% |
| Contributions | 10/11 | €245,473 | €245,473 | = | 0.0% |
| Reserves | 13 | €139,886 | €148,580 | +€8,694 | +6.2% |
| Distributable reserves | 133 | €139,886 | €148,580 | +€8,694 | +6.2% |
| Amounts payable | 17/49 | €191,949 | €207,030 | +€15,081 | +7.9% |
| Amounts payable after more than one year | 17 | €158,315 | €165,867 | +€7,552 | +4.8% |
| Other amounts payable | 178/9 | €158,315 | €165,867 | +€7,552 | +4.8% |
| Amounts payable within one year | 42/48 | €30,712 | €38,870 | +€8,159 | +26.6% |
| Trade debts | 44 | €23,425 | €32,377 | +€8,953 | +38.2% |
| Suppliers | 440/4 | €23,425 | €32,377 | +€8,953 | +38.2% |
| Taxes, remuneration and social security | 45 | €7,287 | €6,493 | -€794 | -10.9% |
| Taxes | 450/3 | €7,287 | €6,493 | -€794 | -10.9% |
| Accrued charges and deferred income | 492/3 | €2,922 | €2,293 | -€629 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,269 | €13,367 | -€4,902 | -26.8% |
| Other operating charges | 640/8 | €1,523 | €17,278 | +€15,755 | +1034.5% |
| Gross operating margin | 9900 | €69,380 | €53,557 | -€15,822 | -22.8% |
| Operating profit (loss) | 9901 | €49,588 | €22,912 | -€26,676 | -53.8% |
| Financial charges | 65/66B | €10,945 | €10,961 | +€16 | +0.2% |
| Recurring financial charges | 65 | €10,945 | €10,961 | +€16 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €38,643 | €11,950 | -€26,692 | -69.1% |
| Income taxes | 67/77 | €9,750 | €3,256 | -€6,494 | -66.6% |
| Profit (loss) for the period | 9904 | €28,892 | €8,694 | -€20,198 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,892 | €8,694 | -€20,198 | -69.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.