OLINOX-CREATIONS: 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.
OLINOX-CREATIONS
Largest movements
- Tangible fixed assets -€57,742
down €57,742 (-14.8%), from €390,108 to €332,366
- Cash +€51,430
up €51,430 (+56.3%), from €91,318 to €142,748
mainly Net result for the year (+€147,498) and Depreciation (+€57,742)
- Stocks and contracts +€19,032
up €19,032 (+92.3%), from €20,618 to €39,650
- Receivables within one year +€12,641
up €12,641 (+36.5%), from €34,655 to €47,297
of which Trade receivables: +€9,172
- Reserves +€140,000
up €140,000 (+142%), from €98,860 to €238,860
of which Distributable reserves: +€140,000
- Debts after one year -€48,878
down €48,878 (-23.1%), from €211,724 to €162,846
- Advances received -€41,057
down €41,057 (-42.0%), from €97,652 to €56,595
- Trade debts -€21,573
down €21,573 (-52.1%), from €41,437 to €19,864
- Other debts -€14,172
down €14,172 (-68.7%), from €20,628 to €6,456
- Gross operating margin +€233,114
up €233,114 (+240%), from €97,164 to €330,278
- Staff costs +€41,790
up €41,790 (+128%), from €32,639 to €74,429
- Taxes +€37,492
up €37,492 (+11,732%), from €320 to €37,812
- Financial charges -€21,355
down €21,355 (-59.6%), from €35,858 to €14,503
of which Non-recurring financial charges: -€19,220
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 | €543,511 | €567,751 | +€24,240 | +4.5% |
| Fixed assets | 21/28 | €390,108 | €332,366 | -€57,742 | -14.8% |
| Tangible fixed assets | 22/27 | €390,108 | €332,366 | -€57,742 | -14.8% |
| Land and buildings | 22 | €274,987 | €249,201 | -€25,786 | -9.4% |
| Plant, machinery and equipment | 23 | €91,006 | €73,901 | -€17,105 | -18.8% |
| Furniture and vehicles | 24 | €917 | €236 | -€682 | -74.3% |
| Leasing and similar rights | 25 | €23,198 | €9,028 | -€14,170 | -61.1% |
| Current assets | 29/58 | €153,403 | €235,384 | +€81,982 | +53.4% |
| Stocks and contracts in progress | 3 | €20,618 | €39,650 | +€19,032 | +92.3% |
| Stocks | 30/36 | €20,618 | €39,650 | +€19,032 | +92.3% |
| Amounts receivable within one year | 40/41 | €34,655 | €47,297 | +€12,641 | +36.5% |
| Trade receivables | 40 | €17,361 | €26,532 | +€9,172 | +52.8% |
| Other amounts receivable | 41 | €17,295 | €20,765 | +€3,470 | +20.1% |
| Cash at bank and in hand | 54/58 | €91,318 | €142,748 | +€51,430 | +56.3% |
| Deferred charges and accrued income | 490/1 | €6,812 | €5,690 | -€1,122 | -16.5% |
| Total equity and liabilities | 10/49 | €543,511 | €567,751 | +€24,240 | +4.5% |
| Equity | 10/15 | €104,116 | €251,614 | +€147,498 | +142% |
| Contributions | 10/11 | €3,140 | €3,140 | = | 0.0% |
| Reserves | 13 | €98,860 | €238,860 | +€140,000 | +142% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €97,000 | €237,000 | +€140,000 | +144% |
| Profit (loss) carried forward | 14 | €2,116 | €9,614 | +€7,498 | +354% |
| Amounts payable | 17/49 | €439,395 | €316,137 | -€123,259 | -28.1% |
| Amounts payable after more than one year | 17 | €211,724 | €162,846 | -€48,878 | -23.1% |
| Financial debts | 170/4 | €211,724 | €162,846 | -€48,878 | -23.1% |
| Amounts payable within one year | 42/48 | €225,776 | €153,291 | -€72,485 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €49,734 | €48,878 | -€855 | -1.7% |
| Trade debts | 44 | €41,437 | €19,864 | -€21,573 | -52.1% |
| Suppliers | 440/4 | €41,437 | €19,864 | -€21,573 | -52.1% |
| Advances received on contracts in progress | 46 | €97,652 | €56,595 | -€41,057 | -42.0% |
| Taxes, remuneration and social security | 45 | €16,326 | €21,498 | +€5,171 | +31.7% |
| Taxes | 450/3 | €12,382 | €13,301 | +€919 | +7.4% |
| Remuneration and social security | 454/9 | €3,944 | €8,196 | +€4,252 | +108% |
| Other amounts payable | 47/48 | €20,628 | €6,456 | -€14,172 | -68.7% |
| Accrued charges and deferred income | 492/3 | €1,895 | - | -€1,895 | |
| Remuneration, social security and pensions | 62 | €32,639 | €74,429 | +€41,790 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,299 | €57,742 | -€557 | -1.0% |
| Gross operating margin | 9900 | €97,164 | €330,278 | +€233,114 | +240% |
| Operating profit (loss) | 9901 | €6,226 | €198,107 | +€191,881 | +3,082% |
| Financial income | 75/76B | €893 | €1,706 | +€812 | +90.9% |
| Recurring financial income | 75 | €580 | €662 | +€82 | +14.2% |
| Non-recurring financial income | 76B | €314 | €1,044 | +€730 | +232% |
| Financial charges | 65/66B | €35,858 | €14,503 | -€21,355 | -59.6% |
| Recurring financial charges | 65 | €16,637 | €14,503 | -€2,134 | -12.8% |
| Non-recurring financial charges | 66B | €19,220 | - | -€19,220 | |
| Profit (loss) for the period before taxes | 9903 | -€28,738 | €185,310 | +€214,048 | |
| Income taxes | 67/77 | €320 | €37,812 | +€37,492 | +11,732% |
| Profit (loss) for the period | 9904 | -€29,058 | €147,498 | +€176,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,058 | €147,498 | +€176,556 |
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 19 October 2026 via checked.be.