OLINOR FOOD: 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.
OLINOR FOOD
Largest movements
- Receivables within one year -€14,070
down €14,070 (-54.4%), from €25,880 to €11,811
of which Trade receivables: -€22,217
- Tangible fixed assets -€12,791
down €12,791 (-14.5%), from €87,962 to €75,171
- Cash -€10,187
no longer reported in 2024 (was €10,187)
- Deferred charges and accrued income -€4,078
down €4,078 (-95.6%), from €4,264 to €186
- Profit (loss) carried forward -€56,587
down €56,587 (-264%), from -€21,422 to -€78,009
- Debts after one year -€55,959
down €55,959 (-52.5%), from €106,513 to €50,554
- Other debts +€36,646
up €36,646 (+305%), from €12,028 to €48,673
- Current portion of long-term debt +€29,855
up €29,855 (+135%), from €22,151 to €52,007
- Tax, wage and social debts +€5,749
new in 2024: €5,749
- Gross operating margin +€27,908
up €27,908, from -€4,671 to €23,237
- Depreciation +€8,300
up €8,300 (+82.0%), from €10,116 to €18,416
- Financial charges +€3,772
up €3,772 (+69.1%), from €5,456 to €9,228
- Other operating charges +€1,460
up €1,460 (+115%), from €1,275 to €2,735
- Financial income +€574
up €574 (+591%), from €97 to €671
From the 2021 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,292 | €87,167 | -€41,125 | -32.1% |
| Fixed assets | 21/28 | €87,962 | €75,171 | -€12,791 | -14.5% |
| Tangible fixed assets | 22/27 | €87,962 | €75,171 | -€12,791 | -14.5% |
| Plant, machinery and equipment | 23 | €87,962 | €75,171 | -€12,791 | -14.5% |
| Current assets | 29/58 | €40,331 | €11,996 | -€28,334 | -70.3% |
| Amounts receivable within one year | 40/41 | €25,880 | €11,811 | -€14,070 | -54.4% |
| Trade receivables | 40 | €22,217 | - | -€22,217 | |
| Other amounts receivable | 41 | €3,664 | €11,811 | +€8,147 | +222% |
| Cash at bank and in hand | 54/58 | €10,187 | - | -€10,187 | |
| Deferred charges and accrued income | 490/1 | €4,264 | €186 | -€4,078 | -95.6% |
| Total equity and liabilities | 10/49 | €128,292 | €87,167 | -€41,125 | -32.1% |
| Equity | 10/15 | -€15,422 | -€72,009 | -€56,587 | -367% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,422 | -€78,009 | -€56,587 | -264% |
| Amounts payable | 17/49 | €143,714 | €159,176 | +€15,462 | +10.8% |
| Amounts payable after more than one year | 17 | €106,513 | €50,554 | -€55,959 | -52.5% |
| Financial debts | 170/4 | €106,513 | €50,554 | -€55,959 | -52.5% |
| Amounts payable within one year | 42/48 | €37,201 | €108,622 | +€71,422 | +192% |
| Current portion of amounts payable after more than one year | 42 | €22,151 | €52,007 | +€29,855 | +135% |
| Trade debts | 44 | €3,022 | €2,194 | -€828 | -27.4% |
| Suppliers | 440/4 | €3,022 | €2,194 | -€828 | -27.4% |
| Taxes, remuneration and social security | 45 | - | €5,749 | +€5,749 | |
| Taxes | 450/3 | - | €5,749 | +€5,749 | |
| Other amounts payable | 47/48 | €12,028 | €48,673 | +€36,646 | +305% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,116 | €18,416 | +€8,300 | +82.0% |
| Other operating charges | 640/8 | €1,275 | €2,735 | +€1,460 | +115% |
| Gross operating margin | 9900 | -€4,671 | €23,237 | +€27,908 | |
| Operating profit (loss) | 9901 | -€16,063 | €2,086 | +€18,148 | |
| Financial income | 75/76B | €97 | €671 | +€574 | +591% |
| Recurring financial income | 75 | €97 | €671 | +€574 | +591% |
| Financial charges | 65/66B | €5,456 | €9,228 | +€3,772 | +69.1% |
| Recurring financial charges | 65 | €5,456 | €9,228 | +€3,772 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,422 | -€6,471 | +€14,951 | +69.8% |
| Profit (loss) for the period | 9904 | -€21,422 | -€6,471 | +€14,951 | +69.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,422 | -€6,471 | +€14,951 | +69.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.