OLIVA: 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.
OLIVA
Largest movements
- Receivables within one year -€93,267
down €93,267 (-70.3%), from €132,671 to €39,404
of which Trade receivables: -€70,548
- Tangible fixed assets +€12,824
up €12,824 (+31.1%), from €41,257 to €54,081
of which Land and buildings: +€20,588
- Cash +€2,931
up €2,931 (+15.7%), from €18,619 to €21,550
mainly Receivables within one year (+€93,267) and Debts after one year (+€22,423)
- Trade debts -€114,629
down €114,629 (-85.8%), from €133,631 to €19,002
- Debts after one year +€22,423
new in 2025: €22,423
- Other debts +€12,998
new in 2025: €12,998
- Tax, wage and social debts -€8,086
down €8,086 (-34.1%), from €23,712 to €15,626
- Current portion of long-term debt +€5,771
new in 2025: €5,771
- Gross operating margin -€61,362
down €61,362 (-22.2%), from €276,076 to €214,714
- Staff costs -€30,944
down €30,944 (-14.3%), from €216,702 to €185,758
- Taxes -€12,633
down €12,633 (-94.3%), from €13,402 to €769
- Depreciation +€4,492
up €4,492 (+27.6%), from €16,267 to €20,759
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 | €263,398 | €184,949 | -€78,449 | -29.8% |
| Fixed assets | 21/28 | €45,439 | €57,326 | +€11,887 | +26.2% |
| Tangible fixed assets | 22/27 | €41,257 | €54,081 | +€12,824 | +31.1% |
| Land and buildings | 22 | €9,096 | €29,684 | +€20,588 | +226% |
| Plant, machinery and equipment | 23 | €31,126 | €24,316 | -€6,810 | -21.9% |
| Furniture and vehicles | 24 | €1,035 | €81 | -€954 | -92.2% |
| Financial fixed assets | 28 | €4,182 | €3,245 | -€936 | -22.4% |
| Current assets | 29/58 | €217,959 | €127,623 | -€90,336 | -41.4% |
| Stocks and contracts in progress | 3 | €66,669 | €66,669 | = | 0.0% |
| Stocks | 30/36 | €66,669 | €66,669 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €132,671 | €39,404 | -€93,267 | -70.3% |
| Trade receivables | 40 | €101,657 | €31,109 | -€70,548 | -69.4% |
| Other amounts receivable | 41 | €31,013 | €8,295 | -€22,718 | -73.3% |
| Cash at bank and in hand | 54/58 | €18,619 | €21,550 | +€2,931 | +15.7% |
| Total equity and liabilities | 10/49 | €263,398 | €184,949 | -€78,449 | -29.8% |
| Equity | 10/15 | €106,055 | €109,130 | +€3,075 | +2.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,055 | €104,130 | +€3,075 | +3.0% |
| Amounts payable | 17/49 | €157,343 | €75,819 | -€81,523 | -51.8% |
| Amounts payable after more than one year | 17 | - | €22,423 | +€22,423 | |
| Financial debts | 170/4 | - | €22,423 | +€22,423 | |
| Amounts payable within one year | 42/48 | €157,343 | €53,396 | -€103,946 | -66.1% |
| Current portion of amounts payable after more than one year | 42 | - | €5,771 | +€5,771 | |
| Trade debts | 44 | €133,631 | €19,002 | -€114,629 | -85.8% |
| Suppliers | 440/4 | €133,631 | €19,002 | -€114,629 | -85.8% |
| Taxes, remuneration and social security | 45 | €23,712 | €15,626 | -€8,086 | -34.1% |
| Taxes | 450/3 | €23,712 | €15,626 | -€8,086 | -34.1% |
| Other amounts payable | 47/48 | - | €12,998 | +€12,998 | |
| Remuneration, social security and pensions | 62 | €216,702 | €185,758 | -€30,944 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,267 | €20,759 | +€4,492 | +27.6% |
| Other operating charges | 640/8 | €2,548 | €209 | -€2,339 | -91.8% |
| Gross operating margin | 9900 | €276,076 | €214,714 | -€61,362 | -22.2% |
| Operating profit (loss) | 9901 | €40,559 | €7,989 | -€32,570 | -80.3% |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | €2,331 | €4,208 | +€1,878 | +80.6% |
| Recurring financial charges | 65 | €2,331 | €4,208 | +€1,878 | +80.6% |
| Profit (loss) for the period before taxes | 9903 | €38,228 | €3,843 | -€34,385 | -89.9% |
| Income taxes | 67/77 | €13,402 | €769 | -€12,633 | -94.3% |
| Profit (loss) for the period | 9904 | €24,827 | €3,075 | -€21,752 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,827 | €3,075 | -€21,752 | -87.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.