OLISARCARO: 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.
OLISARCARO
Largest movements
- Receivables within one year +€37,497
up €37,497 (+5699.5%), from €658 to €38,155
of which Other amounts receivable: +€37,471
- Tangible fixed assets +€30,618
up €30,618 (+105.5%), from €29,020 to €59,639
of which Furniture and vehicles: +€30,732
- Current investments +€15,167
up €15,167 (+650.1%), from €2,333 to €17,500
- Cash +€11,742
up €11,742 (+428.6%), from €2,740 to €14,482
mainly Net result for the year (+€102,867) and Tax, wage and social debts (+€3,786)
- Profit (loss) carried forward +€102,867
up €102,867 (+36.6%), from -€280,963 to -€178,095
- Trade debts -€11,772
down €11,772 (-86.1%), from €13,677 to €1,905
- Tax, wage and social debts +€3,786
up €3,786 (+2631.8%), from €144 to €3,930
of which Remuneration and social security: +€2,564
- Gross operating margin +€108,677
up €108,677 (+256.9%), from €42,296 to €150,973
- Staff costs +€16,303
new in 2025: €16,303
- Depreciation -€9,776
down €9,776 (-78.4%), from €12,469 to €2,693
- Financial charges -€4,818
down €4,818 (-23.7%), from €20,309 to €15,491
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 | €35,218 | €130,116 | +€94,897 | +269.5% |
| Fixed assets | 21/28 | €29,195 | €59,814 | +€30,618 | +104.9% |
| Tangible fixed assets | 22/27 | €29,020 | €59,639 | +€30,618 | +105.5% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €28,249 | €58,981 | +€30,732 | +108.8% |
| Other tangible fixed assets | 26 | €771 | €657 | -€113 | -14.7% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €6,023 | €70,302 | +€64,279 | +1067.2% |
| Amounts receivable within one year | 40/41 | €658 | €38,155 | +€37,497 | +5699.5% |
| Trade receivables | 40 | - | €26 | +€26 | |
| Other amounts receivable | 41 | €658 | €38,129 | +€37,471 | +5695.6% |
| Current investments | 50/53 | €2,333 | €17,500 | +€15,167 | +650.1% |
| Cash at bank and in hand | 54/58 | €2,740 | €14,482 | +€11,742 | +428.6% |
| Deferred charges and accrued income | 490/1 | €293 | €166 | -€127 | -43.4% |
| Total equity and liabilities | 10/49 | €35,218 | €130,116 | +€94,897 | +269.5% |
| Equity | 10/15 | -€261,963 | -€159,095 | +€102,867 | +39.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€280,963 | -€178,095 | +€102,867 | +36.6% |
| Amounts payable | 17/49 | €297,181 | €289,211 | -€7,970 | -2.7% |
| Amounts payable after more than one year | 17 | €283,360 | €283,360 | = | 0.0% |
| Financial debts | 170/4 | €283,360 | €283,360 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,821 | €5,851 | -€7,970 | -57.7% |
| Financial debts | 43 | - | €17 | +€17 | |
| Credit institutions | 430/8 | - | €17 | +€17 | |
| Trade debts | 44 | €13,677 | €1,905 | -€11,772 | -86.1% |
| Suppliers | 440/4 | €13,677 | €1,905 | -€11,772 | -86.1% |
| Taxes, remuneration and social security | 45 | €144 | €3,930 | +€3,786 | +2631.8% |
| Taxes | 450/3 | €144 | €1,366 | +€1,222 | +849.7% |
| Remuneration and social security | 454/9 | €0 | €2,564 | +€2,564 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €16,303 | +€16,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,469 | €2,693 | -€9,776 | -78.4% |
| Other operating charges | 640/8 | €1,732 | €2,765 | +€1,032 | +59.6% |
| Non-recurring operating charges | 66A | €17,619 | €11,693 | -€5,926 | -33.6% |
| Gross operating margin | 9900 | €42,296 | €150,973 | +€108,677 | +256.9% |
| Operating profit (loss) | 9901 | €10,476 | €117,520 | +€107,044 | +1021.8% |
| Financial income | 75/76B | €2,133 | €1,051 | -€1,082 | -50.7% |
| Recurring financial income | 75 | €2,133 | €1,051 | -€1,082 | -50.7% |
| Financial charges | 65/66B | €20,309 | €15,491 | -€4,818 | -23.7% |
| Recurring financial charges | 65 | €20,309 | €15,491 | -€4,818 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,700 | €103,080 | +€110,780 | |
| Income taxes | 67/77 | €144 | €213 | +€69 | +48.0% |
| Profit (loss) for the period | 9904 | -€7,844 | €102,867 | +€110,711 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,844 | €102,867 | +€110,711 |
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 28 September 2026 via checked.be.