OLICÉL: 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.
OLICÉL
Largest movements
- Cash +€173,040
up €173,040 (+114.3%), from €151,420 to €324,460
mainly Net result for the year (+€145,602) and Trade debts (+€29,539)
- Receivables within one year +€15,125
new in 2025: €15,125
- Reserves +€145,602
up €145,602 (+135.1%), from €107,796 to €253,398
- Trade debts +€29,539
new in 2025: €29,539
- Tax, wage and social debts +€12,898
up €12,898 (+34.9%), from €36,926 to €49,824
- Gross operating margin +€50,960
up €50,960 (+37.0%), from €137,680 to €188,640
- Taxes +€12,773
up €12,773 (+43.4%), from €29,411 to €42,184
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 | €151,420 | €341,158 | +€189,738 | +125.3% |
| Fixed assets | 21/28 | - | €1,573 | +€1,573 | |
| Tangible fixed assets | 22/27 | - | €1,573 | +€1,573 | |
| Plant, machinery and equipment | 23 | - | €1,573 | +€1,573 | |
| Current assets | 29/58 | €151,420 | €339,585 | +€188,165 | +124.3% |
| Amounts receivable within one year | 40/41 | - | €15,125 | +€15,125 | |
| Trade receivables | 40 | - | €15,125 | +€15,125 | |
| Cash at bank and in hand | 54/58 | €151,420 | €324,460 | +€173,040 | +114.3% |
| Total equity and liabilities | 10/49 | €151,420 | €341,158 | +€189,738 | +125.3% |
| Equity | 10/15 | €112,796 | €258,398 | +€145,602 | +129.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €107,796 | €253,398 | +€145,602 | +135.1% |
| Distributable reserves | 133 | €107,796 | €253,398 | +€145,602 | +135.1% |
| Amounts payable | 17/49 | €38,624 | €82,760 | +€44,135 | +114.3% |
| Amounts payable within one year | 42/48 | €38,624 | €82,760 | +€44,135 | +114.3% |
| Trade debts | 44 | - | €29,539 | +€29,539 | |
| Suppliers | 440/4 | - | €29,539 | +€29,539 | |
| Taxes, remuneration and social security | 45 | €36,926 | €49,824 | +€12,898 | +34.9% |
| Taxes | 450/3 | €36,926 | €49,824 | +€12,898 | +34.9% |
| Other amounts payable | 47/48 | €1,698 | €3,396 | +€1,698 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €163 | +€163 | |
| Other operating charges | 640/8 | €437 | €654 | +€216 | +49.5% |
| Gross operating margin | 9900 | €137,680 | €188,640 | +€50,960 | +37.0% |
| Operating profit (loss) | 9901 | €137,243 | €187,824 | +€50,581 | +36.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €36 | €37 | +€1 | +2.9% |
| Recurring financial charges | 65 | €36 | €37 | +€1 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €137,207 | €187,786 | +€50,579 | +36.9% |
| Income taxes | 67/77 | €29,411 | €42,184 | +€12,773 | +43.4% |
| Profit (loss) for the period | 9904 | €107,796 | €145,602 | +€37,807 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €107,796 | €145,602 | +€37,807 | +35.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.