OLIPOLI: 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.
OLIPOLI
Largest movements
- Receivables within one year +€39,626
up €39,626 (+132.6%), from €29,895 to €69,520
of which Trade receivables: +€31,298
- Cash -€22,760
down €22,760 (-19.7%), from €115,811 to €93,052
mainly Receivables within one year (-€39,626) and Investment in fixed assets (net) (-€37,761)
- Deferred charges and accrued income -€19,101
down €19,101 (-88.4%), from €21,596 to €2,496
- Tangible fixed assets -€8,884
down €8,884 (-4.2%), from €210,166 to €201,283
of which Leasing and similar rights: -€22,327
- Reserves +€26,951
up €26,951 (+18.8%), from €143,210 to €170,161
of which Distributable reserves: +€170,161
- Tax, wage and social debts -€21,833
down €21,833 (-40.5%), from €53,935 to €32,102
- Other debts -€16,956
down €16,956 (-92.6%), from €18,307 to €1,351
- Trade debts +€9,679
up €9,679 (+25.4%), from €38,132 to €47,811
- Debts after one year -€8,012
down €8,012 (-8.5%), from €94,776 to €86,764
- Gross operating margin -€15,067
down €15,067 (-13.0%), from €115,642 to €100,575
- Financial charges +€6,273
up €6,273 (+326.8%), from €1,920 to €8,192
- Other operating charges +€3,577
up €3,577 (+172.2%), from €2,077 to €5,654
- Depreciation +€1,355
up €1,355 (+3.0%), from €45,289 to €46,645
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 | €380,223 | €372,464 | -€7,759 | -2.0% |
| Fixed assets | 21/28 | €210,166 | €201,283 | -€8,884 | -4.2% |
| Tangible fixed assets | 22/27 | €210,166 | €201,283 | -€8,884 | -4.2% |
| Plant, machinery and equipment | 23 | €10,645 | €9,192 | -€1,453 | -13.6% |
| Furniture and vehicles | 24 | €18,554 | €12,059 | -€6,495 | -35.0% |
| Leasing and similar rights | 25 | €87,410 | €65,084 | -€22,327 | -25.5% |
| Other tangible fixed assets | 26 | €93,558 | €114,949 | +€21,391 | +22.9% |
| Current assets | 29/58 | €170,057 | €171,181 | +€1,124 | +0.7% |
| Stocks and contracts in progress | 3 | €2,755 | €6,114 | +€3,359 | +121.9% |
| Stocks | 30/36 | €2,755 | €6,114 | +€3,359 | +121.9% |
| Amounts receivable within one year | 40/41 | €29,895 | €69,520 | +€39,626 | +132.6% |
| Trade receivables | 40 | €22,530 | €53,828 | +€31,298 | +138.9% |
| Other amounts receivable | 41 | €7,364 | €15,693 | +€8,328 | +113.1% |
| Cash at bank and in hand | 54/58 | €115,811 | €93,052 | -€22,760 | -19.7% |
| Deferred charges and accrued income | 490/1 | €21,596 | €2,496 | -€19,101 | -88.4% |
| Total equity and liabilities | 10/49 | €380,223 | €372,464 | -€7,759 | -2.0% |
| Equity | 10/15 | €148,210 | €175,161 | +€26,951 | +18.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €143,210 | €170,161 | +€26,951 | +18.8% |
| Non-distributable reserves | 130/1 | €143,210 | - | -€143,210 | |
| Other | 1319 | €143,210 | - | -€143,210 | |
| Distributable reserves | 133 | - | €170,161 | +€170,161 | |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €232,013 | €197,303 | -€34,710 | -15.0% |
| Amounts payable after more than one year | 17 | €94,776 | €86,764 | -€8,012 | -8.5% |
| Financial debts | 170/4 | €94,776 | €86,764 | -€8,012 | -8.5% |
| Amounts payable within one year | 42/48 | €134,437 | €110,539 | -€23,898 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €24,063 | €29,275 | +€5,212 | +21.7% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €38,132 | €47,811 | +€9,679 | +25.4% |
| Suppliers | 440/4 | €38,132 | €47,811 | +€9,679 | +25.4% |
| Taxes, remuneration and social security | 45 | €53,935 | €32,102 | -€21,833 | -40.5% |
| Taxes | 450/3 | €53,935 | €32,102 | -€21,833 | -40.5% |
| Other amounts payable | 47/48 | €18,307 | €1,351 | -€16,956 | -92.6% |
| Accrued charges and deferred income | 492/3 | €2,800 | €0 | -€2,800 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,289 | €46,645 | +€1,355 | +3.0% |
| Other operating charges | 640/8 | €2,077 | €5,654 | +€3,577 | +172.2% |
| Gross operating margin | 9900 | €115,642 | €100,575 | -€15,067 | -13.0% |
| Operating profit (loss) | 9901 | €68,276 | €48,276 | -€20,000 | -29.3% |
| Financial income | 75/76B | €0 | €759 | +€759 | +1083900.0% |
| Recurring financial income | 75 | €0 | €759 | +€759 | +1083900.0% |
| Financial charges | 65/66B | €1,920 | €8,192 | +€6,273 | +326.8% |
| Recurring financial charges | 65 | €1,920 | €8,192 | +€6,273 | +326.8% |
| Profit (loss) for the period before taxes | 9903 | €66,356 | €40,842 | -€25,514 | -38.5% |
| Income taxes | 67/77 | €14,559 | €13,891 | -€667 | -4.6% |
| Profit (loss) for the period | 9904 | €51,798 | €26,951 | -€24,847 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,798 | €26,951 | -€24,847 | -48.0% |
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 7 October 2026 via checked.be.