OLINA: 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.
OLINA
Largest movements
- Cash +€11,978
up €11,978 (+56.1%), from €21,368 to €33,346
mainly Net result for the year (+€8,523) and Depreciation (+€6,262)
- Tangible fixed assets -€4,474
down €4,474 (-25.8%), from €17,315 to €12,842
of which Furniture and vehicles: -€3,293
- Receivables within one year -€3,766
down €3,766 (-69.5%), from €5,421 to €1,655
of which Other amounts receivable: -€2,414
- Stocks and contracts +€600
up €600 (+26.7%), from €2,249 to €2,849
- Profit (loss) carried forward +€8,523
up €8,523 (+606.4%), from €1,406 to €9,928
- Debts after one year -€3,826
down €3,826 (-100.0%), from €3,826 to €0
- Accrued charges and deferred income +€1,085
up €1,085 (+216.9%), from €500 to €1,585
- Tax, wage and social debts -€862
down €862 (-18.3%), from €4,701 to €3,839
of which Remuneration and social security: -€962
- Gross operating margin +€22,672
up €22,672 (+103.3%), from €21,945 to €44,616
- Taxes +€3,402
up €3,402, from -€236 to €3,166
- Staff costs +€2,350
up €2,350 (+10.9%), from €21,638 to €23,989
- Other operating charges +€960
up €960 (+111.2%), from €864 to €1,824
- Financial charges +€536
up €536 (+169.5%), from €316 to €853
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,081 | €54,932 | +€4,851 | +9.7% |
| Fixed assets | 21/28 | €17,315 | €12,842 | -€4,474 | -25.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €17,315 | €12,842 | -€4,474 | -25.8% |
| Plant, machinery and equipment | 23 | €10,859 | €10,036 | -€823 | -7.6% |
| Furniture and vehicles | 24 | €3,767 | €474 | -€3,293 | -87.4% |
| Other tangible fixed assets | 26 | €2,689 | €2,332 | -€358 | -13.3% |
| Current assets | 29/58 | €32,766 | €42,091 | +€9,325 | +28.5% |
| Stocks and contracts in progress | 3 | €2,249 | €2,849 | +€600 | +26.7% |
| Stocks | 30/36 | €2,249 | €2,849 | +€600 | +26.7% |
| Amounts receivable within one year | 40/41 | €5,421 | €1,655 | -€3,766 | -69.5% |
| Trade receivables | 40 | €2,093 | €742 | -€1,351 | -64.6% |
| Other amounts receivable | 41 | €3,328 | €913 | -€2,414 | -72.6% |
| Cash at bank and in hand | 54/58 | €21,368 | €33,346 | +€11,978 | +56.1% |
| Deferred charges and accrued income | 490/1 | €3,728 | €4,241 | +€513 | +13.8% |
| Total equity and liabilities | 10/49 | €50,081 | €54,932 | +€4,851 | +9.7% |
| Equity | 10/15 | €19,046 | €27,568 | +€8,523 | +44.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,240 | €5,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,406 | €9,928 | +€8,523 | +606.4% |
| Amounts payable | 17/49 | €31,036 | €27,364 | -€3,672 | -11.8% |
| Amounts payable after more than one year | 17 | €3,826 | €0 | -€3,826 | -100.0% |
| Financial debts | 170/4 | €3,826 | €0 | -€3,826 | -100.0% |
| Amounts payable within one year | 42/48 | €26,710 | €25,779 | -€931 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €6,985 | €6,715 | -€270 | -3.9% |
| Trade debts | 44 | €14,783 | €14,980 | +€196 | +1.3% |
| Suppliers | 440/4 | €14,783 | €14,980 | +€196 | +1.3% |
| Taxes, remuneration and social security | 45 | €4,701 | €3,839 | -€862 | -18.3% |
| Taxes | 450/3 | €0 | €100 | +€100 | |
| Remuneration and social security | 454/9 | €4,701 | €3,739 | -€962 | -20.5% |
| Other amounts payable | 47/48 | €240 | €245 | +€5 | +2.1% |
| Accrued charges and deferred income | 492/3 | €500 | €1,585 | +€1,085 | +216.9% |
| Non-recurring operating income | 76A | €549 | €116 | -€434 | -78.9% |
| Remuneration, social security and pensions | 62 | €21,638 | €23,989 | +€2,350 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,382 | €6,262 | -€119 | -1.9% |
| Other operating charges | 640/8 | €864 | €1,824 | +€960 | +111.2% |
| Gross operating margin | 9900 | €21,945 | €44,616 | +€22,672 | +103.3% |
| Operating profit (loss) | 9901 | -€6,939 | €12,541 | +€19,481 | |
| Financial income | 75/76B | €217 | €0 | -€217 | -100.0% |
| Recurring financial income | 75 | €217 | €0 | -€217 | -100.0% |
| Financial charges | 65/66B | €316 | €853 | +€536 | +169.5% |
| Recurring financial charges | 65 | €316 | €853 | +€536 | +169.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,039 | €11,689 | +€18,728 | |
| Income taxes | 67/77 | -€236 | €3,166 | +€3,402 | |
| Profit (loss) for the period | 9904 | -€6,803 | €8,523 | +€15,326 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,803 | €8,523 | +€15,326 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.