OLILEO: 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.
OLILEO
Largest movements
- Cash +€37,100
up €37,100 (+28.9%), from €128,449 to €165,550
mainly Net result for the year (+€80,054) and Other debts (+€63,659)
- Intangible fixed assets +€34,441
new in 2025: €34,441
- Receivables within one year +€24,384
up €24,384 (+17.3%), from €141,285 to €165,669
of which Trade receivables: +€29,248
- Other debts +€63,659
up €63,659 (+7246.5%), from €878 to €64,538
- Tax, wage and social debts +€18,781
up €18,781 (+78.5%), from €23,939 to €42,720
of which Taxes: +€14,431
- Reserves +€16,394
up €16,394 (+9.0%), from €182,671 to €199,066
- Gross operating margin +€120,064
up €120,064 (+372.8%), from €32,204 to €152,268
- Staff costs +€30,318
new in 2025: €30,318
- Taxes +€22,792
up €22,792 (+224.9%), from €10,136 to €32,928
- Depreciation +€5,909
up €5,909 (+265.3%), from €2,227 to €8,136
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 | €276,297 | €372,769 | +€96,472 | +34.9% |
| Fixed assets | 21/28 | €5,093 | €38,515 | +€33,423 | +656.3% |
| Intangible fixed assets | 21 | - | €34,441 | +€34,441 | |
| Tangible fixed assets | 22/27 | €5,093 | €4,075 | -€1,018 | -20.0% |
| Furniture and vehicles | 24 | €5,093 | €4,075 | -€1,018 | -20.0% |
| Current assets | 29/58 | €271,204 | €334,254 | +€63,050 | +23.2% |
| Amounts receivable within one year | 40/41 | €141,285 | €165,669 | +€24,384 | +17.3% |
| Trade receivables | 40 | €136,420 | €165,669 | +€29,248 | +21.4% |
| Other amounts receivable | 41 | €4,864 | - | -€4,864 | |
| Cash at bank and in hand | 54/58 | €128,449 | €165,550 | +€37,100 | +28.9% |
| Deferred charges and accrued income | 490/1 | €1,470 | €3,036 | +€1,565 | +106.5% |
| Total equity and liabilities | 10/49 | €276,297 | €372,769 | +€96,472 | +34.9% |
| Equity | 10/15 | €201,056 | €217,450 | +€16,394 | +8.2% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €182,671 | €199,066 | +€16,394 | +9.0% |
| Distributable reserves | 133 | €182,671 | €199,066 | +€16,394 | +9.0% |
| Profit (loss) carried forward | 14 | €2,184 | €2,184 | = | 0.0% |
| Amounts payable | 17/49 | €75,241 | €155,319 | +€80,078 | +106.4% |
| Amounts payable within one year | 42/48 | €75,241 | €155,319 | +€80,078 | +106.4% |
| Trade debts | 44 | €50,424 | €48,061 | -€2,363 | -4.7% |
| Suppliers | 440/4 | €50,424 | €48,061 | -€2,363 | -4.7% |
| Taxes, remuneration and social security | 45 | €23,939 | €42,720 | +€18,781 | +78.5% |
| Taxes | 450/3 | €23,939 | €38,370 | +€14,431 | +60.3% |
| Remuneration and social security | 454/9 | - | €4,351 | +€4,351 | |
| Other amounts payable | 47/48 | €878 | €64,538 | +€63,659 | +7246.5% |
| Remuneration, social security and pensions | 62 | - | €30,318 | +€30,318 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,227 | €8,136 | +€5,909 | +265.3% |
| Other operating charges | 640/8 | €387 | €575 | +€188 | +48.4% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €32,204 | €152,268 | +€120,064 | +372.8% |
| Operating profit (loss) | 9901 | €29,590 | €113,239 | +€83,649 | +282.7% |
| Financial income | 75/76B | €937 | €302 | -€636 | -67.8% |
| Recurring financial income | 75 | €937 | €302 | -€636 | -67.8% |
| Financial charges | 65/66B | €200 | €559 | +€359 | +179.6% |
| Recurring financial charges | 65 | €200 | €559 | +€359 | +179.6% |
| Profit (loss) for the period before taxes | 9903 | €30,327 | €112,981 | +€82,654 | +272.5% |
| Income taxes | 67/77 | €10,136 | €32,928 | +€22,792 | +224.9% |
| Profit (loss) for the period | 9904 | €20,192 | €80,054 | +€59,862 | +296.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,192 | €80,054 | +€59,862 | +296.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.