Olhelba: 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.
Olhelba
Largest movements
- Current investments +€40,403
up €40,403 (+128%), from €31,599 to €72,003
- Cash -€23,471
down €23,471 (-84.6%), from €27,759 to €4,288
mainly Current investments (-€40,403) and Receivables within one year (-€12,298)
- Receivables within one year +€12,298
up €12,298 (+169%), from €7,282 to €19,580
of which Trade receivables: +€12,273
- Reserves +€26,070
up €26,070 (+47.7%), from €54,677 to €80,747
- Other debts +€3,400
up €3,400 (+44.2%), from €7,691 to €11,091
- Gross operating margin +€4,386
up €4,386 (+12.8%), from €34,178 to €38,564
- Financial income +€1,269
up €1,269 (+321%), from €395 to €1,664
- Taxes +€888
up €888 (+8.9%), from €9,989 to €10,876
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 | €70,667 | €100,320 | +€29,653 | +42.0% |
| Fixed assets | 21/28 | €4,026 | €4,449 | +€423 | +10.5% |
| Tangible fixed assets | 22/27 | €4,026 | €4,449 | +€423 | +10.5% |
| Furniture and vehicles | 24 | €2,565 | €3,487 | +€923 | +36.0% |
| Other tangible fixed assets | 26 | €1,462 | €962 | -€500 | -34.2% |
| Current assets | 29/58 | €66,640 | €95,871 | +€29,230 | +43.9% |
| Amounts receivable within one year | 40/41 | €7,282 | €19,580 | +€12,298 | +169% |
| Trade receivables | 40 | €7,260 | €19,533 | +€12,273 | +169% |
| Other amounts receivable | 41 | €22 | €47 | +€25 | +112% |
| Current investments | 50/53 | €31,599 | €72,003 | +€40,403 | +128% |
| Cash at bank and in hand | 54/58 | €27,759 | €4,288 | -€23,471 | -84.6% |
| Total equity and liabilities | 10/49 | €70,667 | €100,320 | +€29,653 | +42.0% |
| Equity | 10/15 | €57,677 | €83,747 | +€26,070 | +45.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,677 | €80,747 | +€26,070 | +47.7% |
| Distributable reserves | 133 | €54,677 | €80,747 | +€26,070 | +47.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,990 | €16,573 | +€3,583 | +27.6% |
| Amounts payable within one year | 42/48 | €12,585 | €15,915 | +€3,330 | +26.5% |
| Trade debts | 44 | - | €380 | +€380 | |
| Suppliers | 440/4 | - | €380 | +€380 | |
| Taxes, remuneration and social security | 45 | €4,894 | €4,444 | -€450 | -9.2% |
| Taxes | 450/3 | €4,894 | €4,444 | -€450 | -9.2% |
| Other amounts payable | 47/48 | €7,691 | €11,091 | +€3,400 | +44.2% |
| Accrued charges and deferred income | 492/3 | €405 | €658 | +€253 | +62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | €1,345 | +€295 | +28.1% |
| Other operating charges | 640/8 | €499 | €387 | -€112 | -22.4% |
| Gross operating margin | 9900 | €34,178 | €38,564 | +€4,386 | +12.8% |
| Operating profit (loss) | 9901 | €32,629 | €36,831 | +€4,203 | +12.9% |
| Financial income | 75/76B | €395 | €1,664 | +€1,269 | +321% |
| Recurring financial income | 75 | €395 | €1,664 | +€1,269 | +321% |
| Financial charges | 65/66B | €509 | €716 | +€207 | +40.6% |
| Recurring financial charges | 65 | €509 | €716 | +€207 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €32,515 | €37,779 | +€5,264 | +16.2% |
| Income taxes | 67/77 | €9,989 | €10,876 | +€888 | +8.9% |
| Profit (loss) for the period | 9904 | €22,526 | €26,903 | +€4,377 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,526 | €26,903 | +€4,377 | +19.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.