OLIMATS: 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.
OLIMATS
Largest movements
- Financial fixed assets +€245,000
up €245,000 (+245.0%), from €100,000 to €345,000
- Receivables within one year +€39,000
up €39,000 (+107.4%), from €36,323 to €75,324
of which Trade receivables: +€41,439
- Cash -€5,555
down €5,555 (-33.2%), from €16,755 to €11,200
mainly Investment in fixed assets (net) (-€245,000) and Receivables within one year (-€39,000)
- Other debts +€220,803
up €220,803 (+296.8%), from €74,392 to €295,196
- Reserves +€41,006
up €41,006 (+36.0%), from €113,820 to €154,825
- Trade debts +€8,099
up €8,099 (+151.1%), from €5,362 to €13,460
- Tax, wage and social debts +€6,535
up €6,535 (+18.4%), from €35,593 to €42,129
- Short-term financial debts +€5,805
new in 2025: €5,805
- Gross operating margin +€24,786
up €24,786 (+48.0%), from €51,603 to €76,389
- Taxes +€7,576
up €7,576 (+48.8%), from €15,524 to €23,100
- Financial charges +€4,038
up €4,038 (+77.6%), from €5,201 to €9,239
- Other operating charges +€1,776
up €1,776 (+92.8%), from €1,914 to €3,690
- Depreciation +€1,059
up €1,059 (+106.4%), from €995 to €2,055
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 | €236,836 | €516,415 | +€279,578 | +118.0% |
| Fixed assets | 21/28 | €111,820 | €354,766 | +€242,945 | +217.3% |
| Tangible fixed assets | 22/27 | €11,820 | €9,766 | -€2,055 | -17.4% |
| Land and buildings | 22 | €2,868 | €2,573 | -€295 | -10.3% |
| Furniture and vehicles | 24 | €8,952 | €7,193 | -€1,759 | -19.7% |
| Financial fixed assets | 28 | €100,000 | €345,000 | +€245,000 | +245.0% |
| Current assets | 29/58 | €125,016 | €161,649 | +€36,633 | +29.3% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,323 | €75,324 | +€39,000 | +107.4% |
| Trade receivables | 40 | €33,885 | €75,324 | +€41,439 | +122.3% |
| Other amounts receivable | 41 | €2,438 | - | -€2,438 | |
| Cash at bank and in hand | 54/58 | €16,755 | €11,200 | -€5,555 | -33.2% |
| Deferred charges and accrued income | 490/1 | €11,938 | €15,126 | +€3,188 | +26.7% |
| Total equity and liabilities | 10/49 | €236,836 | €516,415 | +€279,578 | +118.0% |
| Equity | 10/15 | €118,820 | €159,825 | +€41,006 | +34.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €113,820 | €154,825 | +€41,006 | +36.0% |
| Distributable reserves | 133 | €113,820 | €154,825 | +€41,006 | +36.0% |
| Amounts payable | 17/49 | €118,017 | €356,589 | +€238,573 | +202.2% |
| Amounts payable within one year | 42/48 | €118,017 | €356,589 | +€238,573 | +202.2% |
| Current portion of amounts payable after more than one year | 42 | €2,669 | - | -€2,669 | |
| Financial debts | 43 | - | €5,805 | +€5,805 | |
| Credit institutions | 430/8 | - | €5,805 | +€5,805 | |
| Trade debts | 44 | €5,362 | €13,460 | +€8,099 | +151.1% |
| Suppliers | 440/4 | €5,362 | €13,460 | +€8,099 | +151.1% |
| Taxes, remuneration and social security | 45 | €35,593 | €42,129 | +€6,535 | +18.4% |
| Taxes | 450/3 | €35,593 | €42,129 | +€6,535 | +18.4% |
| Other amounts payable | 47/48 | €74,392 | €295,196 | +€220,803 | +296.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €995 | €2,055 | +€1,059 | +106.4% |
| Other operating charges | 640/8 | €1,914 | €3,690 | +€1,776 | +92.8% |
| Gross operating margin | 9900 | €51,603 | €76,389 | +€24,786 | +48.0% |
| Operating profit (loss) | 9901 | €48,694 | €70,645 | +€21,951 | +45.1% |
| Financial income | 75/76B | €3,336 | €2,700 | -€636 | -19.1% |
| Recurring financial income | 75 | €3,336 | €2,700 | -€636 | -19.1% |
| Financial charges | 65/66B | €5,201 | €9,239 | +€4,038 | +77.6% |
| Recurring financial charges | 65 | €5,201 | €9,239 | +€4,038 | +77.6% |
| Profit (loss) for the period before taxes | 9903 | €46,829 | €64,106 | +€17,277 | +36.9% |
| Income taxes | 67/77 | €15,524 | €23,100 | +€7,576 | +48.8% |
| Profit (loss) for the period | 9904 | €31,305 | €41,006 | +€9,701 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,305 | €41,006 | +€9,701 | +31.0% |
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 5 October 2026 via checked.be.