Olimat Management: 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.
Olimat Management
Largest movements
- Cash +€90,061
up €90,061 (+160%), from €56,380 to €146,442
mainly Net result for the year (+€84,511) and Tax, wage and social debts (+€33,847)
- Receivables within one year +€10,215
up €10,215 (+20.8%), from €49,005 to €59,220
- Profit (loss) carried forward +€84,511
up €84,511 (+133%), from €63,431 to €147,941
- Tax, wage and social debts +€33,847
up €33,847 (+126%), from €26,850 to €60,697
- Other debts -€20,313
down €20,313 (-76.6%), from €26,503 to €6,191
- Gross operating margin +€27,402
up €27,402 (+31.4%), from €87,398 to €114,800
- Taxes +€4,174
up €4,174 (+20.4%), from €20,425 to €24,599
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.
Derived cash bridge
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 | €117,075 | €216,351 | +€99,276 | +84.8% |
| Fixed assets | 21/28 | €10,766 | €9,383 | -€1,383 | -12.8% |
| Tangible fixed assets | 22/27 | €5,966 | €4,583 | -€1,383 | -23.2% |
| Furniture and vehicles | 24 | €5,966 | €4,583 | -€1,383 | -23.2% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €106,309 | €206,968 | +€100,659 | +94.7% |
| Amounts receivable within one year | 40/41 | €49,005 | €59,220 | +€10,215 | +20.8% |
| Trade receivables | 40 | €49,005 | €59,220 | +€10,215 | +20.8% |
| Cash at bank and in hand | 54/58 | €56,380 | €146,442 | +€90,061 | +160% |
| Deferred charges and accrued income | 490/1 | €923 | €1,306 | +€383 | +41.5% |
| Total equity and liabilities | 10/49 | €117,075 | €216,351 | +€99,276 | +84.8% |
| Equity | 10/15 | €63,432 | €147,942 | +€84,511 | +133% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,431 | €147,941 | +€84,511 | +133% |
| Amounts payable | 17/49 | €53,643 | €68,409 | +€14,766 | +27.5% |
| Amounts payable within one year | 42/48 | €53,643 | €68,409 | +€14,766 | +27.5% |
| Trade debts | 44 | €289 | €1,521 | +€1,232 | +425% |
| Suppliers | 440/4 | €289 | €1,521 | +€1,232 | +425% |
| Taxes, remuneration and social security | 45 | €26,850 | €60,697 | +€33,847 | +126% |
| Taxes | 450/3 | €26,850 | €60,697 | +€33,847 | +126% |
| Other amounts payable | 47/48 | €26,503 | €6,191 | -€20,313 | -76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €948 | €1,383 | +€435 | +45.8% |
| Other operating charges | 640/8 | €2,201 | €3,007 | +€806 | +36.6% |
| Gross operating margin | 9900 | €87,398 | €114,800 | +€27,402 | +31.4% |
| Operating profit (loss) | 9901 | €84,249 | €110,411 | +€26,161 | +31.1% |
| Financial income | 75/76B | €14 | €17 | +€3 | +21.3% |
| Recurring financial income | 75 | €14 | €17 | +€3 | +21.3% |
| Financial charges | 65/66B | €408 | €1,318 | +€910 | +223% |
| Recurring financial charges | 65 | €408 | €1,318 | +€910 | +223% |
| Profit (loss) for the period before taxes | 9903 | €83,856 | €109,110 | +€25,254 | +30.1% |
| Income taxes | 67/77 | €20,425 | €24,599 | +€4,174 | +20.4% |
| Profit (loss) for the period | 9904 | €63,431 | €84,511 | +€21,080 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,431 | €84,511 | +€21,080 | +33.2% |
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 20 October 2026 via checked.be.