OLICELO: 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.
OLICELO
Largest movements
- Tangible fixed assets -€10,034
down €10,034 (-7.2%), from €139,544 to €129,510
of which Land and buildings: -€9,394
- Receivables within one year +€3,650
up €3,650 (+29.4%), from €12,426 to €16,076
of which Trade receivables: +€3,000
- Debts after one year -€8,356
down €8,356 (-6.0%), from €138,651 to €130,295
- Financial charges +€572
up €572 (+15.1%), from €3,791 to €4,363
- Gross operating margin +€568
up €568 (+3.5%), from €16,306 to €16,874
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 | €152,767 | €146,624 | -€6,143 | -4.0% |
| Fixed assets | 21/28 | €139,544 | €129,510 | -€10,034 | -7.2% |
| Tangible fixed assets | 22/27 | €139,544 | €129,510 | -€10,034 | -7.2% |
| Land and buildings | 22 | €138,830 | €129,436 | -€9,394 | -6.8% |
| Furniture and vehicles | 24 | €714 | €74 | -€640 | -89.6% |
| Current assets | 29/58 | €13,223 | €17,114 | +€3,891 | +29.4% |
| Amounts receivable within one year | 40/41 | €12,426 | €16,076 | +€3,650 | +29.4% |
| Trade receivables | 40 | - | €3,000 | +€3,000 | |
| Other amounts receivable | 41 | €12,426 | €13,076 | +€650 | +5.2% |
| Cash at bank and in hand | 54/58 | €684 | €725 | +€41 | +6.0% |
| Deferred charges and accrued income | 490/1 | €113 | €313 | +€200 | +177.0% |
| Total equity and liabilities | 10/49 | €152,767 | €146,624 | -€6,143 | -4.0% |
| Equity | 10/15 | -€4,861 | -€3,422 | +€1,439 | +29.6% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,861 | -€12,422 | +€1,439 | +10.4% |
| Amounts payable | 17/49 | €157,628 | €150,046 | -€7,582 | -4.8% |
| Amounts payable after more than one year | 17 | €138,651 | €130,295 | -€8,356 | -6.0% |
| Financial debts | 170/4 | €138,651 | €130,295 | -€8,356 | -6.0% |
| Amounts payable within one year | 42/48 | €18,977 | €19,751 | +€774 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €8,807 | €8,356 | -€451 | -5.1% |
| Trade debts | 44 | €512 | €1,737 | +€1,225 | +239.3% |
| Suppliers | 440/4 | €512 | €1,737 | +€1,225 | +239.3% |
| Other amounts payable | 47/48 | €9,658 | €9,658 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,064 | €10,034 | -€30 | -0.3% |
| Other operating charges | 640/8 | €1,195 | €1,237 | +€42 | +3.5% |
| Gross operating margin | 9900 | €16,306 | €16,874 | +€568 | +3.5% |
| Operating profit (loss) | 9901 | €5,047 | €5,603 | +€556 | +11.0% |
| Financial income | 75/76B | €113 | €199 | +€86 | +76.1% |
| Recurring financial income | 75 | €113 | €199 | +€86 | +76.1% |
| Financial charges | 65/66B | €3,791 | €4,363 | +€572 | +15.1% |
| Recurring financial charges | 65 | €3,791 | €4,363 | +€572 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,369 | €1,439 | +€70 | +5.1% |
| Profit (loss) for the period | 9904 | €1,369 | €1,439 | +€70 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,369 | €1,439 | +€70 | +5.1% |
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 28 September 2026 via checked.be.