OLIMAR: 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.
OLIMAR
Largest movements
- Cash +€32,192
up €32,192 (+989.5%), from €3,253 to €35,445
mainly Net result for the year (+€18,319) and Deferred charges and accrued income (+€11,047)
- Deferred charges and accrued income -€11,047
no longer reported in 2024 (was €11,047)
- Receivables within one year +€2,378
up €2,378 (+8.9%), from €26,758 to €29,136
of which Trade receivables: +€5,506
- Profit (loss) carried forward +€18,319
up €18,319 (+1369.5%), from €1,338 to €19,657
- Tax, wage and social debts +€8,096
up €8,096 (+139.0%), from €5,826 to €13,923
of which Taxes: +€5,180
- Debts after one year -€2,034
down €2,034 (-13.1%), from €15,555 to €13,521
- Trade debts -€1,689
down €1,689 (-68.0%), from €2,486 to €797
- Turnover +€204,065
new in 2024: €204,065
- Purchases and services +€171,293
new in 2024: €171,293
- Financial income -€11,674
no longer reported in 2024 (was €11,674)
- Gross operating margin +€11,242
up €11,242 (+52.2%), from €21,530 to €32,772
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 | €66,999 | €89,741 | +€22,742 | +33.9% |
| Fixed assets | 21/28 | €25,940 | €25,159 | -€781 | -3.0% |
| Tangible fixed assets | 22/27 | €25,830 | €25,049 | -€781 | -3.0% |
| Furniture and vehicles | 24 | €1,050 | €1,387 | +€337 | +32.1% |
| Other tangible fixed assets | 26 | €24,781 | €23,662 | -€1,118 | -4.5% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €41,059 | €64,582 | +€23,523 | +57.3% |
| Amounts receivable within one year | 40/41 | €26,758 | €29,136 | +€2,378 | +8.9% |
| Trade receivables | 40 | €3,200 | €8,706 | +€5,506 | +172.1% |
| Other amounts receivable | 41 | €23,558 | €20,430 | -€3,128 | -13.3% |
| Cash at bank and in hand | 54/58 | €3,253 | €35,445 | +€32,192 | +989.5% |
| Deferred charges and accrued income | 490/1 | €11,047 | - | -€11,047 | |
| Total equity and liabilities | 10/49 | €66,999 | €89,741 | +€22,742 | +33.9% |
| Equity | 10/15 | €38,398 | €56,717 | +€18,319 | +47.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Capital | 10 | - | €8,060 | +€8,060 | |
| Issued capital | 100 | - | €20,460 | +€20,460 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €29,000 | €29,000 | = | 0.0% |
| Distributable reserves | 133 | €29,000 | €29,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,338 | €19,657 | +€18,319 | +1369.5% |
| Amounts payable | 17/49 | €28,602 | €33,024 | +€4,423 | +15.5% |
| Amounts payable after more than one year | 17 | €15,555 | €13,521 | -€2,034 | -13.1% |
| Financial debts | 170/4 | €15,555 | €13,521 | -€2,034 | -13.1% |
| Amounts payable within one year | 42/48 | €13,047 | €19,504 | +€6,457 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €4,735 | €4,784 | +€50 | +1.1% |
| Trade debts | 44 | €2,486 | €797 | -€1,689 | -68.0% |
| Suppliers | 440/4 | €2,486 | €797 | -€1,689 | -68.0% |
| Taxes, remuneration and social security | 45 | €5,826 | €13,923 | +€8,096 | +139.0% |
| Taxes | 450/3 | €5,826 | €11,006 | +€5,180 | +88.9% |
| Remuneration and social security | 454/9 | - | €2,916 | +€2,916 | |
| Turnover | 70 | - | €204,065 | +€204,065 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €171,293 | +€171,293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,976 | €2,180 | -€796 | -26.8% |
| Other operating charges | 640/8 | €811 | €848 | +€37 | +4.6% |
| Gross operating margin | 9900 | €21,530 | €32,772 | +€11,242 | +52.2% |
| Operating profit (loss) | 9901 | €17,743 | €29,744 | +€12,001 | +67.6% |
| Financial income | 75/76B | €11,674 | - | -€11,674 | |
| Recurring financial income | 75 | €11,674 | - | -€11,674 | |
| Financial charges | 65/66B | €2,703 | €2,203 | -€500 | -18.5% |
| Recurring financial charges | 65 | €2,703 | €2,203 | -€500 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €26,714 | €27,540 | +€826 | +3.1% |
| Income taxes | 67/77 | €8,264 | €9,221 | +€957 | +11.6% |
| Profit (loss) for the period | 9904 | €18,450 | €18,319 | -€131 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,450 | €18,319 | -€131 | -0.7% |
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 30 September 2026 via checked.be.