OLIBO: 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.
OLIBO
Largest movements
- Receivables within one year +€10,930
up €10,930 (+834.6%), from €1,310 to €12,239
of which Trade receivables: +€9,325
- Cash -€2,027
down €2,027 (-52.3%), from €3,873 to €1,846
mainly Receivables within one year (-€10,930) and Net result for the year (-€7,368)
- Deferred charges and accrued income +€1,907
new in 2024: €1,907
- Tangible fixed assets -€1,532
down €1,532 (-12.5%), from €12,266 to €10,734
of which Other tangible fixed assets: -€982
- Formation expenses -€338
down €338 (-27.5%), from €1,230 to €892
- Advances received +€10,436
new in 2024: €10,436
- Profit (loss) carried forward -€7,368
down €7,368 (-53.2%), from -€13,839 to -€21,208
- Trade debts +€6,669
up €6,669 (+205.1%), from €3,252 to €9,921
- Other debts -€964
down €964 (-9.3%), from €10,383 to €9,418
- Accrued charges and deferred income +€343
up €343 (+125.4%), from €274 to €617
- Purchases and services -€69,105
down €69,105 (-32.0%), from €215,745 to €146,640
- Turnover -€68,023
down €68,023 (-31.7%), from €214,598 to €146,575
- Staff costs -€2,794
down €2,794 (-44.5%), from €6,281 to €3,487
- Financial charges -€2,363
down €2,363 (-64.5%), from €3,663 to €1,299
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 | €20,448 | €29,388 | +€8,939 | +43.7% |
| Formation expenses | 20 | €1,230 | €892 | -€338 | -27.5% |
| Fixed assets | 21/28 | €14,036 | €12,504 | -€1,532 | -10.9% |
| Tangible fixed assets | 22/27 | €12,266 | €10,734 | -€1,532 | -12.5% |
| Plant, machinery and equipment | 23 | €1,737 | €1,347 | -€390 | -22.4% |
| Furniture and vehicles | 24 | €498 | €338 | -€160 | -32.1% |
| Other tangible fixed assets | 26 | €10,032 | €9,049 | -€982 | -9.8% |
| Financial fixed assets | 28 | €1,770 | €1,770 | = | 0.0% |
| Current assets | 29/58 | €5,182 | €15,992 | +€10,810 | +208.6% |
| Amounts receivable within one year | 40/41 | €1,310 | €12,239 | +€10,930 | +834.6% |
| Trade receivables | 40 | €520 | €9,846 | +€9,325 | +1792.5% |
| Other amounts receivable | 41 | €789 | €2,394 | +€1,604 | +203.3% |
| Cash at bank and in hand | 54/58 | €3,873 | €1,846 | -€2,027 | -52.3% |
| Deferred charges and accrued income | 490/1 | - | €1,907 | +€1,907 | |
| Total equity and liabilities | 10/49 | €20,448 | €29,388 | +€8,939 | +43.7% |
| Equity | 10/15 | €6,161 | -€1,208 | -€7,368 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,839 | -€21,208 | -€7,368 | -53.2% |
| Amounts payable | 17/49 | €14,288 | €30,595 | +€16,308 | +114.1% |
| Amounts payable within one year | 42/48 | €14,014 | €29,978 | +€15,964 | +113.9% |
| Trade debts | 44 | €3,252 | €9,921 | +€6,669 | +205.1% |
| Suppliers | 440/4 | €3,252 | €9,921 | +€6,669 | +205.1% |
| Advances received on contracts in progress | 46 | - | €10,436 | +€10,436 | |
| Taxes, remuneration and social security | 45 | €379 | €202 | -€177 | -46.8% |
| Taxes | 450/3 | - | €183 | +€183 | |
| Remuneration and social security | 454/9 | €379 | €19 | -€360 | -94.9% |
| Other amounts payable | 47/48 | €10,383 | €9,418 | -€964 | -9.3% |
| Accrued charges and deferred income | 492/3 | €274 | €617 | +€343 | +125.4% |
| Turnover | 70 | €214,598 | €146,575 | -€68,023 | -31.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €215,745 | €146,640 | -€69,105 | -32.0% |
| Remuneration, social security and pensions | 62 | €6,281 | €3,487 | -€2,794 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,433 | €2,139 | -€294 | -12.1% |
| Other operating charges | 640/8 | €350 | €407 | +€57 | +16.2% |
| Gross operating margin | 9900 | -€1,147 | -€66 | +€1,082 | +94.3% |
| Operating profit (loss) | 9901 | -€10,212 | -€6,098 | +€4,113 | +40.3% |
| Financial income | 75/76B | €35 | €30 | -€6 | -16.3% |
| Recurring financial income | 75 | €35 | €30 | -€6 | -16.3% |
| Financial charges | 65/66B | €3,663 | €1,299 | -€2,363 | -64.5% |
| Recurring financial charges | 65 | €3,663 | €1,299 | -€2,363 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,839 | -€7,368 | +€6,471 | +46.8% |
| Profit (loss) for the period | 9904 | -€13,839 | -€7,368 | +€6,471 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,839 | -€7,368 | +€6,471 | +46.8% |
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 4 October 2026 via checked.be.