OLIPATI: 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.
OLIPATI
Largest movements
- Receivables within one year -€130,802
down €130,802 (-88.4%), from €147,997 to €17,195
of which Other amounts receivable: -€72,133
- Cash -€3,462
down €3,462 (-63.1%), from €5,490 to €2,028
mainly Net result for the year (-€123,580) and Tax, wage and social debts (-€10,611)
- Profit (loss) carried forward -€123,580
down €123,580, from €111,138 to -€12,442
- Tax, wage and social debts -€10,611
down €10,611 (-39.5%), from €26,888 to €16,277
of which Remuneration and social security: -€5,760
- Gross operating margin -€232,354
down €232,354 (-78.2%), from €297,291 to €64,937
- Staff costs -€104,015
down €104,015 (-42.4%), from €245,605 to €141,591
- Write-downs +€29,765
up €29,765 (+218.9%), from €13,600 to €43,365
- Financial charges -€20,751
down €20,751 (-95.7%), from €21,677 to €926
- Financial income -€6,319
no longer reported in 2025 (was €6,319)
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.
Cash bridge derived
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 | €159,742 | €25,996 | -€133,746 | -83.7% |
| Fixed assets | 21/28 | €5,380 | €5,286 | -€94 | -1.7% |
| Tangible fixed assets | 22/27 | €4,838 | €4,745 | -€94 | -1.9% |
| Plant, machinery and equipment | 23 | - | €535 | +€535 | |
| Furniture and vehicles | 24 | €4,623 | €4,060 | -€563 | -12.2% |
| Other tangible fixed assets | 26 | €215 | €149 | -€66 | -30.8% |
| Financial fixed assets | 28 | €541 | €541 | = | 0.0% |
| Current assets | 29/58 | €154,363 | €20,710 | -€133,652 | -86.6% |
| Stocks and contracts in progress | 3 | €875 | €875 | = | 0.0% |
| Stocks | 30/36 | €875 | €875 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €147,997 | €17,195 | -€130,802 | -88.4% |
| Trade receivables | 40 | €65,365 | €6,696 | -€58,669 | -89.8% |
| Other amounts receivable | 41 | €82,633 | €10,499 | -€72,133 | -87.3% |
| Cash at bank and in hand | 54/58 | €5,490 | €2,028 | -€3,462 | -63.1% |
| Deferred charges and accrued income | 490/1 | - | €612 | +€612 | |
| Total equity and liabilities | 10/49 | €159,742 | €25,996 | -€133,746 | -83.7% |
| Equity | 10/15 | €129,738 | €6,158 | -€123,580 | -95.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,138 | -€12,442 | -€123,580 | |
| Amounts payable | 17/49 | €30,004 | €19,838 | -€10,166 | -33.9% |
| Amounts payable within one year | 42/48 | €30,004 | €19,838 | -€10,166 | -33.9% |
| Trade debts | 44 | €3,116 | €3,561 | +€445 | +14.3% |
| Suppliers | 440/4 | €3,116 | €3,561 | +€445 | +14.3% |
| Taxes, remuneration and social security | 45 | €26,888 | €16,277 | -€10,611 | -39.5% |
| Taxes | 450/3 | €11,938 | €7,087 | -€4,851 | -40.6% |
| Remuneration and social security | 454/9 | €14,950 | €9,190 | -€5,760 | -38.5% |
| Remuneration, social security and pensions | 62 | €245,605 | €141,591 | -€104,015 | -42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,716 | €1,163 | -€1,553 | -57.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,600 | €43,365 | +€29,765 | +218.9% |
| Other operating charges | 640/8 | €6,088 | €1,472 | -€4,616 | -75.8% |
| Non-recurring operating charges | 66A | €613 | - | -€613 | |
| Gross operating margin | 9900 | €297,291 | €64,937 | -€232,354 | -78.2% |
| Operating profit (loss) | 9901 | €28,669 | -€122,654 | -€151,323 | |
| Financial income | 75/76B | €6,319 | - | -€6,319 | |
| Recurring financial income | 75 | €6,319 | - | -€6,319 | |
| Financial charges | 65/66B | €21,677 | €926 | -€20,751 | -95.7% |
| Recurring financial charges | 65 | €21,677 | €926 | -€20,751 | -95.7% |
| Profit (loss) for the period before taxes | 9903 | €13,312 | -€123,580 | -€136,892 | |
| Income taxes | 67/77 | €4,956 | - | -€4,956 | |
| Profit (loss) for the period | 9904 | €8,356 | -€123,580 | -€131,935 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,356 | -€123,580 | -€131,935 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.