OLEXA: 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.
OLEXA
Largest movements
- Intangible fixed assets +€49,419
up €49,419 (+441.8%), from €11,187 to €60,607
- Deferred charges and accrued income -€48,335
down €48,335 (-67.2%), from €71,936 to €23,602
- Stocks and contracts +€44,161
up €44,161 (+14.5%), from €305,164 to €349,325
- Tangible fixed assets -€20,603
down €20,603 (-10.8%), from €191,487 to €170,884
of which Other tangible fixed assets: -€14,203
- Cash -€16,208
down €16,208 (-80.7%), from €20,083 to €3,875
mainly Investment in fixed assets (net) (-€73,766) and Current portion of long-term debt (-€69,191)
- Current portion of long-term debt -€69,191
down €69,191 (-44.4%), from €155,710 to €86,519
- Debts after one year +€41,731
up €41,731 (+9.7%), from €428,275 to €470,006
- Trade debts +€24,291
up €24,291 (+9.5%), from €256,630 to €280,921
- Tax, wage and social debts +€15,650
up €15,650 (+58.7%), from €26,656 to €42,306
of which Taxes: +€13,696
- Profit (loss) carried forward -€13,161
down €13,161 (-6.3%), from -€209,572 to -€222,733
- Gross operating margin +€199,959
up €199,959, from -€55,355 to €144,604
- Write-downs -€44,308
down €44,308, from €26,875 to -€17,433
- Financial charges +€17,479
up €17,479 (+31.3%), from €55,906 to €73,385
- Taxes +€14,766
up €14,766, from -€14,470 to €297
- Depreciation +€11,802
up €11,802 (+35.6%), from €33,148 to €44,950
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 | €880,811 | €882,348 | +€1,537 | +0.2% |
| Fixed assets | 21/28 | €210,174 | €238,990 | +€28,816 | +13.7% |
| Intangible fixed assets | 21 | €11,187 | €60,607 | +€49,419 | +441.8% |
| Tangible fixed assets | 22/27 | €191,487 | €170,884 | -€20,603 | -10.8% |
| Land and buildings | 22 | €105,379 | €96,606 | -€8,773 | -8.3% |
| Plant, machinery and equipment | 23 | €936 | €745 | -€191 | -20.4% |
| Furniture and vehicles | 24 | €9,681 | €12,245 | +€2,564 | +26.5% |
| Other tangible fixed assets | 26 | €75,490 | €61,288 | -€14,203 | -18.8% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €670,637 | €643,357 | -€27,280 | -4.1% |
| Stocks and contracts in progress | 3 | €305,164 | €349,325 | +€44,161 | +14.5% |
| Stocks | 30/36 | €305,164 | €349,325 | +€44,161 | +14.5% |
| Amounts receivable within one year | 40/41 | €273,454 | €266,556 | -€6,897 | -2.5% |
| Trade receivables | 40 | €92,383 | €100,685 | +€8,302 | +9.0% |
| Other amounts receivable | 41 | €181,071 | €165,871 | -€15,200 | -8.4% |
| Cash at bank and in hand | 54/58 | €20,083 | €3,875 | -€16,208 | -80.7% |
| Deferred charges and accrued income | 490/1 | €71,936 | €23,602 | -€48,335 | -67.2% |
| Total equity and liabilities | 10/49 | €880,811 | €882,348 | +€1,537 | +0.2% |
| Equity | 10/15 | -€22,262 | -€35,424 | -€13,161 | -59.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,110 | €181,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €181,110 | €181,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€209,572 | -€222,733 | -€13,161 | -6.3% |
| Amounts payable | 17/49 | €903,073 | €917,771 | +€14,698 | +1.6% |
| Amounts payable after more than one year | 17 | €428,275 | €470,006 | +€41,731 | +9.7% |
| Financial debts | 170/4 | €428,275 | €470,006 | +€41,731 | +9.7% |
| Amounts payable within one year | 42/48 | €474,798 | €447,765 | -€27,033 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €155,710 | €86,519 | -€69,191 | -44.4% |
| Financial debts | 43 | €35,802 | €38,019 | +€2,216 | +6.2% |
| Credit institutions | 430/8 | €35,802 | €38,019 | +€2,216 | +6.2% |
| Trade debts | 44 | €256,630 | €280,921 | +€24,291 | +9.5% |
| Suppliers | 440/4 | €256,630 | €280,921 | +€24,291 | +9.5% |
| Taxes, remuneration and social security | 45 | €26,656 | €42,306 | +€15,650 | +58.7% |
| Taxes | 450/3 | €18,945 | €32,642 | +€13,696 | +72.3% |
| Remuneration and social security | 454/9 | €7,710 | €9,664 | +€1,954 | +25.3% |
| Non-recurring operating income | 76A | €705 | €0 | -€705 | -100.0% |
| Remuneration, social security and pensions | 62 | €59,292 | €62,009 | +€2,717 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,148 | €44,950 | +€11,802 | +35.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,875 | -€17,433 | -€44,308 | |
| Other operating charges | 640/8 | €6,428 | €5,333 | -€1,095 | -17.0% |
| Non-recurring operating charges | 66A | - | €3,008 | +€3,008 | |
| Gross operating margin | 9900 | -€55,355 | €144,604 | +€199,959 | |
| Operating profit (loss) | 9901 | -€181,098 | €46,737 | +€227,835 | |
| Financial income | 75/76B | €12,963 | €13,784 | +€821 | +6.3% |
| Recurring financial income | 75 | €12,963 | €13,784 | +€821 | +6.3% |
| Financial charges | 65/66B | €55,906 | €73,385 | +€17,479 | +31.3% |
| Recurring financial charges | 65 | €55,906 | €73,385 | +€17,479 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | -€224,042 | -€12,865 | +€211,177 | +94.3% |
| Income taxes | 67/77 | -€14,470 | €297 | +€14,766 | |
| Profit (loss) for the period | 9904 | -€209,572 | -€13,161 | +€196,411 | +93.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€209,572 | -€13,161 | +€196,411 | +93.7% |
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.