Olimmo: 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.
Olimmo
Largest movements
- Tangible fixed assets -€23,169
down €23,169 (-36.1%), from €64,095 to €40,926
of which Furniture and vehicles: -€26,396
- Receivables within one year +€19,656
up €19,656 (+21.5%), from €91,227 to €110,883
of which Other amounts receivable: +€20,857
- Financial fixed assets +€5,640
up €5,640 (+19.9%), from €28,378 to €34,018
- Cash +€2,425
up €2,425 (+10.7%), from €22,632 to €25,056
mainly Net result for the year (+€29,887) and Depreciation (+€18,216)
- Debts after one year -€26,684
down €26,684 (-49.5%), from €53,957 to €27,272
- Profit (loss) carried forward +€18,287
up €18,287 (+17.4%), from €105,300 to €123,587
- Tax, wage and social debts +€10,168
up €10,168 (+77.6%), from €13,095 to €23,263
of which Taxes: +€9,220
- Trade debts +€2,899
up €2,899 (+11.1%), from €26,195 to €29,094
- Gross operating margin +€145,496
new in 2024: €145,496
- Staff costs +€71,726
new in 2024: €71,726
- Taxes +€24,922
new in 2024: €24,922
- Depreciation +€18,216
new in 2024: €18,216
- Financial income +€2,843
new in 2024: €2,843
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €206,606 | €211,277 | +€4,670 | +2.3% |
| Fixed assets | 21/28 | €92,472 | €74,943 | -€17,529 | -19.0% |
| Tangible fixed assets | 22/27 | €64,095 | €40,926 | -€23,169 | -36.1% |
| Plant, machinery and equipment | 23 | €5,029 | €8,256 | +€3,226 | +64.2% |
| Furniture and vehicles | 24 | €59,066 | €32,670 | -€26,396 | -44.7% |
| Financial fixed assets | 28 | €28,378 | €34,018 | +€5,640 | +19.9% |
| Current assets | 29/58 | €114,134 | €136,333 | +€22,199 | +19.5% |
| Stocks and contracts in progress | 3 | €10 | €10 | = | 0.0% |
| Stocks | 30/36 | €10 | €10 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €91,227 | €110,883 | +€19,656 | +21.5% |
| Trade receivables | 40 | €62,535 | €61,333 | -€1,201 | -1.9% |
| Other amounts receivable | 41 | €28,692 | €49,550 | +€20,857 | +72.7% |
| Cash at bank and in hand | 54/58 | €22,632 | €25,056 | +€2,425 | +10.7% |
| Deferred charges and accrued income | 490/1 | €265 | €384 | +€119 | +44.8% |
| Total equity and liabilities | 10/49 | €206,606 | €211,277 | +€4,670 | +2.3% |
| Equity | 10/15 | €113,360 | €131,647 | +€18,287 | +16.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,300 | €123,587 | +€18,287 | +17.4% |
| Amounts payable | 17/49 | €93,247 | €79,630 | -€13,617 | -14.6% |
| Amounts payable after more than one year | 17 | €53,957 | €27,272 | -€26,684 | -49.5% |
| Financial debts | 170/4 | €53,957 | €27,272 | -€26,684 | -49.5% |
| Amounts payable within one year | 42/48 | €39,290 | €52,357 | +€13,067 | +33.3% |
| Trade debts | 44 | €26,195 | €29,094 | +€2,899 | +11.1% |
| Suppliers | 440/4 | €26,195 | €29,094 | +€2,899 | +11.1% |
| Taxes, remuneration and social security | 45 | €13,095 | €23,263 | +€10,168 | +77.6% |
| Taxes | 450/3 | €6,997 | €16,217 | +€9,220 | +131.8% |
| Remuneration and social security | 454/9 | €6,098 | €7,046 | +€948 | +15.5% |
| Remuneration, social security and pensions | 62 | - | €71,726 | +€71,726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €18,216 | +€18,216 | |
| Other operating charges | 640/8 | - | €1,072 | +€1,072 | |
| Gross operating margin | 9900 | - | €145,496 | +€145,496 | |
| Operating profit (loss) | 9901 | - | €54,482 | +€54,482 | |
| Financial income | 75/76B | - | €2,843 | +€2,843 | |
| Recurring financial income | 75 | - | €2,843 | +€2,843 | |
| Financial charges | 65/66B | - | €2,517 | +€2,517 | |
| Recurring financial charges | 65 | - | €2,517 | +€2,517 | |
| Profit (loss) for the period before taxes | 9903 | - | €54,808 | +€54,808 | |
| Income taxes | 67/77 | - | €24,922 | +€24,922 | |
| Profit (loss) for the period | 9904 | - | €29,887 | +€29,887 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €29,887 | +€29,887 |
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 4 October 2026 via checked.be.