OLISEB 21: 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.
OLISEB 21
Largest movements
- Cash +€18,602
up €18,602 (+56.2%), from €33,128 to €51,730
mainly Net result for the year (+€13,222) and Tax, wage and social debts (+€5,663)
- Receivables within one year +€5,669
up €5,669 (+44.9%), from €12,623 to €18,293
of which Other amounts receivable: +€5,261
- Tangible fixed assets -€3,549
down €3,549 (-15.9%), from €22,330 to €18,782
of which Plant, machinery and equipment: -€3,794
- Profit (loss) carried forward +€13,222
up €13,222, from -€544 to €12,678
- Tax, wage and social debts +€5,663
up €5,663 (+83.1%), from €6,815 to €12,478
- Financial charges +€22,319
up €22,319 (+3,411%), from €654 to €22,974
of which Non-recurring financial charges: +€22,332
- Gross operating margin +€19,909
up €19,909 (+70.0%), from €28,432 to €48,341
- Depreciation -€3,983
down €3,983 (-44.7%), from €8,917 to €4,934
- Taxes +€623
up €623 (+14.6%), from €4,258 to €4,881
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 | €70,291 | €90,108 | +€19,817 | +28.2% |
| Fixed assets | 21/28 | €22,702 | €19,153 | -€3,549 | -15.6% |
| Tangible fixed assets | 22/27 | €22,330 | €18,782 | -€3,549 | -15.9% |
| Plant, machinery and equipment | 23 | €14,494 | €10,700 | -€3,794 | -26.2% |
| Other tangible fixed assets | 26 | €7,837 | €8,081 | +€245 | +3.1% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €47,589 | €70,954 | +€23,366 | +49.1% |
| Stocks and contracts in progress | 3 | €699 | €506 | -€193 | -27.6% |
| Stocks | 30/36 | €699 | €506 | -€193 | -27.6% |
| Amounts receivable within one year | 40/41 | €12,623 | €18,293 | +€5,669 | +44.9% |
| Trade receivables | 40 | €1,000 | €1,409 | +€409 | +40.9% |
| Other amounts receivable | 41 | €11,623 | €16,884 | +€5,261 | +45.3% |
| Cash at bank and in hand | 54/58 | €33,128 | €51,730 | +€18,602 | +56.2% |
| Deferred charges and accrued income | 490/1 | €1,138 | €426 | -€713 | -62.6% |
| Total equity and liabilities | 10/49 | €70,291 | €90,108 | +€19,817 | +28.2% |
| Equity | 10/15 | €61,566 | €74,788 | +€13,222 | +21.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Contributions outside capital | 11 | €61,973 | €61,973 | = | 0.0% |
| Other | 1109/19 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €136 | €136 | = | 0.0% |
| Distributable reserves | 133 | €136 | €136 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€544 | €12,678 | +€13,222 | |
| Amounts payable | 17/49 | €8,725 | €15,320 | +€6,595 | +75.6% |
| Amounts payable within one year | 42/48 | €8,725 | €15,320 | +€6,595 | +75.6% |
| Trade debts | 44 | €1,911 | €2,709 | +€798 | +41.8% |
| Suppliers | 440/4 | €1,911 | €2,709 | +€798 | +41.8% |
| Taxes, remuneration and social security | 45 | €6,815 | €12,478 | +€5,663 | +83.1% |
| Taxes | 450/3 | €6,815 | €12,478 | +€5,663 | +83.1% |
| Other amounts payable | 47/48 | - | €133 | +€133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,917 | €4,934 | -€3,983 | -44.7% |
| Other operating charges | 640/8 | €2,898 | €2,640 | -€257 | -8.9% |
| Gross operating margin | 9900 | €28,432 | €48,341 | +€19,909 | +70.0% |
| Operating profit (loss) | 9901 | €16,617 | €40,766 | +€24,149 | +145% |
| Financial income | 75/76B | €694 | €310 | -€384 | -55.3% |
| Recurring financial income | 75 | €694 | €310 | -€384 | -55.3% |
| Financial charges | 65/66B | €654 | €22,974 | +€22,319 | +3,411% |
| Recurring financial charges | 65 | €654 | €642 | -€12 | -1.9% |
| Non-recurring financial charges | 66B | - | €22,332 | +€22,332 | |
| Profit (loss) for the period before taxes | 9903 | €16,658 | €18,103 | +€1,446 | +8.7% |
| Income taxes | 67/77 | €4,258 | €4,881 | +€623 | +14.6% |
| Profit (loss) for the period | 9904 | €12,400 | €13,222 | +€822 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,400 | €13,222 | +€822 | +6.6% |
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 27 October 2026 via checked.be.