OliNet: 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.
OliNet
Largest movements
- Receivables within one year -€37,099
down €37,099 (-100%), from €37,099 to €0
- Receivables after one year -€22,000
down €22,000 (-100%), from €22,000 to €0
- Cash +€12,806
up €12,806 (+19.6%), from €65,248 to €78,053
mainly Net result for the year (+€58,288) and Other debts (+€44,540)
- Deferred charges and accrued income +€1,807
up €1,807 (+221%), from €819 to €2,626
- Reserves -€83,799
down €83,799 (-100%), from €83,799 to €0
- Other debts +€44,540
up €44,540 (+382%), from €11,655 to €56,195
- Tax, wage and social debts -€8,192
down €8,192 (-29.7%), from €27,613 to €19,421
- Trade debts +€2,672
up €2,672 (+310%), from €863 to €3,535
- Gross operating margin +€26,841
up €26,841 (+53.4%), from €50,222 to €77,062
- Taxes +€5,926
up €5,926 (+53.7%), from €11,040 to €16,965
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 | €125,930 | €82,226 | -€43,704 | -34.7% |
| Fixed assets | 21/28 | €764 | €1,546 | +€782 | +102% |
| Tangible fixed assets | 22/27 | €764 | €1,396 | +€632 | +82.7% |
| Plant, machinery and equipment | 23 | €764 | €1,396 | +€632 | +82.7% |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €125,166 | €80,680 | -€44,486 | -35.5% |
| Amounts receivable after more than one year | 29 | €22,000 | €0 | -€22,000 | -100% |
| Other amounts receivable | 291 | €22,000 | €0 | -€22,000 | -100% |
| Amounts receivable within one year | 40/41 | €37,099 | €0 | -€37,099 | -100% |
| Trade receivables | 40 | €37,099 | €0 | -€37,099 | -100% |
| Cash at bank and in hand | 54/58 | €65,248 | €78,053 | +€12,806 | +19.6% |
| Deferred charges and accrued income | 490/1 | €819 | €2,626 | +€1,807 | +221% |
| Total equity and liabilities | 10/49 | €125,930 | €82,226 | -€43,704 | -34.7% |
| Equity | 10/15 | €85,799 | €2,000 | -€83,799 | -97.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €83,799 | €0 | -€83,799 | -100% |
| Distributable reserves | 133 | €83,799 | €0 | -€83,799 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,130 | €80,226 | +€40,095 | +99.9% |
| Amounts payable within one year | 42/48 | €40,130 | €79,151 | +€39,020 | +97.2% |
| Trade debts | 44 | €863 | €3,535 | +€2,672 | +310% |
| Suppliers | 440/4 | €863 | €3,535 | +€2,672 | +310% |
| Taxes, remuneration and social security | 45 | €27,613 | €19,421 | -€8,192 | -29.7% |
| Taxes | 450/3 | €27,613 | €19,421 | -€8,192 | -29.7% |
| Other amounts payable | 47/48 | €11,655 | €56,195 | +€44,540 | +382% |
| Accrued charges and deferred income | 492/3 | - | €1,075 | +€1,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €697 | +€266 | +61.7% |
| Other operating charges | 640/8 | €528 | €1,146 | +€618 | +117% |
| Gross operating margin | 9900 | €50,222 | €77,062 | +€26,841 | +53.4% |
| Operating profit (loss) | 9901 | €49,263 | €75,219 | +€25,956 | +52.7% |
| Financial income | 75/76B | - | €143 | +€143 | |
| Recurring financial income | 75 | - | €143 | +€143 | |
| Financial charges | 65/66B | €127 | €110 | -€17 | -13.5% |
| Recurring financial charges | 65 | €127 | €110 | -€17 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €49,136 | €75,253 | +€26,117 | +53.2% |
| Income taxes | 67/77 | €11,040 | €16,965 | +€5,926 | +53.7% |
| Profit (loss) for the period | 9904 | €38,096 | €58,288 | +€20,191 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,096 | €58,288 | +€20,191 | +53.0% |
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 16 October 2026 via checked.be.