Olimax: 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.
Olimax
Largest movements
- Cash +€138,404
up €138,404 (+51.6%), from €268,437 to €406,841
mainly Net result for the year (+€124,328) and Tax, wage and social debts (+€30,009)
- Receivables within one year +€11,776
up €11,776 (+229.6%), from €5,129 to €16,906
of which Other amounts receivable: +€11,392
- Reserves +€124,328
up €124,328 (+41.5%), from €299,844 to €424,172
- Tax, wage and social debts +€30,009
up €30,009 (+267.2%), from €11,230 to €41,240
of which Taxes: +€24,163
- Other debts -€9,280
no longer reported in 2025 (was €9,280)
- Gross operating margin +€86,788
up €86,788 (+77.7%), from €111,684 to €198,472
- Staff costs +€23,338
up €23,338 (+19448.2%), from €120 to €23,458
- Taxes +€17,813
up €17,813 (+88.3%), from €20,180 to €37,993
- Depreciation -€6,180
down €6,180 (-37.2%), from €16,634 to €10,455
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 | €322,354 | €469,401 | +€147,048 | +45.6% |
| Fixed assets | 21/28 | €47,018 | €45,313 | -€1,705 | -3.6% |
| Tangible fixed assets | 22/27 | €47,018 | €45,313 | -€1,705 | -3.6% |
| Land and buildings | 22 | €27,071 | €33,488 | +€6,418 | +23.7% |
| Plant, machinery and equipment | 23 | €778 | €519 | -€259 | -33.3% |
| Furniture and vehicles | 24 | €19,169 | €11,306 | -€7,863 | -41.0% |
| Current assets | 29/58 | €275,336 | €424,088 | +€148,752 | +54.0% |
| Amounts receivable within one year | 40/41 | €5,129 | €16,906 | +€11,776 | +229.6% |
| Trade receivables | 40 | - | €385 | +€385 | |
| Other amounts receivable | 41 | €5,129 | €16,521 | +€11,392 | +222.1% |
| Cash at bank and in hand | 54/58 | €268,437 | €406,841 | +€138,404 | +51.6% |
| Deferred charges and accrued income | 490/1 | €1,769 | €341 | -€1,428 | -80.7% |
| Total equity and liabilities | 10/49 | €322,354 | €469,401 | +€147,048 | +45.6% |
| Equity | 10/15 | €301,844 | €426,172 | +€124,328 | +41.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €299,844 | €424,172 | +€124,328 | +41.5% |
| Distributable reserves | 133 | €299,844 | €424,172 | +€124,328 | +41.5% |
| Amounts payable | 17/49 | €20,510 | €43,229 | +€22,719 | +110.8% |
| Amounts payable within one year | 42/48 | €20,510 | €43,229 | +€22,719 | +110.8% |
| Trade debts | 44 | - | €1,990 | +€1,990 | |
| Suppliers | 440/4 | - | €1,990 | +€1,990 | |
| Taxes, remuneration and social security | 45 | €11,230 | €41,240 | +€30,009 | +267.2% |
| Taxes | 450/3 | €11,230 | €35,394 | +€24,163 | +215.2% |
| Remuneration and social security | 454/9 | - | €5,846 | +€5,846 | |
| Other amounts payable | 47/48 | €9,280 | - | -€9,280 | |
| Remuneration, social security and pensions | 62 | €120 | €23,458 | +€23,338 | +19448.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,634 | €10,455 | -€6,180 | -37.2% |
| Other operating charges | 640/8 | €1,653 | €2,278 | +€625 | +37.8% |
| Gross operating margin | 9900 | €111,684 | €198,472 | +€86,788 | +77.7% |
| Operating profit (loss) | 9901 | €93,277 | €162,282 | +€69,005 | +74.0% |
| Financial income | 75/76B | - | €341 | +€341 | |
| Recurring financial income | 75 | - | €341 | +€341 | |
| Financial charges | 65/66B | €332 | €302 | -€30 | -9.0% |
| Recurring financial charges | 65 | €332 | €302 | -€30 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €92,945 | €162,321 | +€69,376 | +74.6% |
| Income taxes | 67/77 | €20,180 | €37,993 | +€17,813 | +88.3% |
| Profit (loss) for the period | 9904 | €72,765 | €124,328 | +€51,563 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,765 | €124,328 | +€51,563 | +70.9% |
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 6 October 2026 via checked.be.