OLIV: 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.
OLIV
Largest movements
- Receivables within one year +€3,826
up €3,826 (+66.7%), from €5,735 to €9,560
- Cash +€3,073
up €3,073 (+196.0%), from €1,567 to €4,640
mainly Net result for the year (+€6,388) and Stocks and contracts (+€300)
- Stocks and contracts -€300
down €300 (-57.5%), from €521 to €221
- Tangible fixed assets -€228
no longer reported in 2025 (was €228)
- Profit (loss) carried forward +€6,388
up €6,388 (+44.7%), from -€14,276 to -€7,888
- Taxes -€364
down €364 (-11.1%), from €3,267 to €2,903
- Gross operating margin +€314
up €314 (+3.1%), from €10,160 to €10,474
- Write-downs +€300
new in 2025: €300
- Other operating charges +€224
up €224 (+57.8%), from €387 to €611
- Financial charges -€130
down €130 (-74.9%), from €174 to €44
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 | €8,416 | €14,892 | +€6,477 | +77.0% |
| Fixed assets | 21/28 | €228 | - | -€228 | |
| Tangible fixed assets | 22/27 | €228 | - | -€228 | |
| Furniture and vehicles | 24 | €228 | - | -€228 | |
| Current assets | 29/58 | €8,188 | €14,892 | +€6,705 | +81.9% |
| Stocks and contracts in progress | 3 | €521 | €221 | -€300 | -57.5% |
| Stocks | 30/36 | €521 | €221 | -€300 | -57.5% |
| Amounts receivable within one year | 40/41 | €5,735 | €9,560 | +€3,826 | +66.7% |
| Other amounts receivable | 41 | €5,735 | €9,560 | +€3,826 | +66.7% |
| Cash at bank and in hand | 54/58 | €1,567 | €4,640 | +€3,073 | +196.0% |
| Deferred charges and accrued income | 490/1 | €364 | €471 | +€107 | +29.3% |
| Total equity and liabilities | 10/49 | €8,416 | €14,892 | +€6,477 | +77.0% |
| Equity | 10/15 | €3,093 | €9,481 | +€6,388 | +206.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €4,868 | €4,868 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,250 | €1,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,250 | €1,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,434 | €2,434 | = | 0.0% |
| Distributable reserves | 133 | €1,184 | €1,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,276 | -€7,888 | +€6,388 | +44.7% |
| Amounts payable | 17/49 | €5,323 | €5,412 | +€89 | +1.7% |
| Amounts payable within one year | 42/48 | €5,323 | €5,412 | +€89 | +1.7% |
| Trade debts | 44 | €244 | €241 | -€3 | -1.3% |
| Suppliers | 440/4 | €244 | €241 | -€3 | -1.3% |
| Taxes, remuneration and social security | 45 | €5,078 | €5,171 | +€92 | +1.8% |
| Taxes | 450/3 | €5,078 | €5,171 | +€92 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €228 | -€108 | -32.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €300 | +€300 | |
| Other operating charges | 640/8 | €387 | €611 | +€224 | +57.8% |
| Gross operating margin | 9900 | €10,160 | €10,474 | +€314 | +3.1% |
| Operating profit (loss) | 9901 | €9,437 | €9,335 | -€102 | -1.1% |
| Financial charges | 65/66B | €174 | €44 | -€130 | -74.9% |
| Recurring financial charges | 65 | €174 | €44 | -€130 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €9,263 | €9,291 | +€28 | +0.3% |
| Income taxes | 67/77 | €3,267 | €2,903 | -€364 | -11.1% |
| Profit (loss) for the period | 9904 | €5,996 | €6,388 | +€392 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,996 | €6,388 | +€392 | +6.5% |
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 3 October 2026 via checked.be.