OLIVAL: 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.
OLIVAL
Largest movements
- Tangible fixed assets -€15,171
down €15,171 (-17.9%), from €84,781 to €69,610
of which Land and buildings: -€15,043
- Cash +€2,963
new in 2024: €2,963
mainly Depreciation (+€15,171) and Other debts (+€7,097)
- Deferred charges and accrued income +€1,157
new in 2024: €1,157
- Debts after one year -€15,668
down €15,668 (-50.7%), from €30,900 to €15,231
- Profit (loss) carried forward -€9,754
down €9,754 (-3.9%), from -€252,903 to -€262,657
- Other debts +€7,097
up €7,097 (+3.9%), from €180,516 to €187,613
- Trade debts +€6,514
new in 2024: €6,514
- Gross operating margin -€7,151
down €7,151 (-42.1%), from €16,997 to €9,846
- Other operating charges +€1,916
new in 2024: €1,916
- Financial charges -€1,495
down €1,495 (-37.3%), from €4,008 to €2,513
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,781 | €73,730 | -€11,051 | -13.0% |
| Fixed assets | 21/28 | €84,781 | €69,610 | -€15,171 | -17.9% |
| Tangible fixed assets | 22/27 | €84,781 | €69,610 | -€15,171 | -17.9% |
| Land and buildings | 22 | €84,142 | €69,099 | -€15,043 | -17.9% |
| Plant, machinery and equipment | 23 | €639 | €511 | -€128 | -20.0% |
| Current assets | 29/58 | - | €4,120 | +€4,120 | |
| Cash at bank and in hand | 54/58 | - | €2,963 | +€2,963 | |
| Deferred charges and accrued income | 490/1 | - | €1,157 | +€1,157 | |
| Total equity and liabilities | 10/49 | €84,781 | €73,730 | -€11,051 | -13.0% |
| Equity | 10/15 | -€141,824 | -€151,578 | -€9,754 | -6.9% |
| Contributions | 10/11 | €82,472 | €82,472 | = | 0.0% |
| Capital | 10 | €82,472 | - | -€82,472 | |
| Issued capital | 100 | €82,472 | - | -€82,472 | |
| Reserves | 13 | €28,606 | €28,606 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,606 | €28,606 | = | 0.0% |
| Reserves not available under the articles | 1311 | €28,606 | €28,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,903 | -€262,657 | -€9,754 | -3.9% |
| Amounts payable | 17/49 | €226,605 | €225,308 | -€1,297 | -0.6% |
| Amounts payable after more than one year | 17 | €30,900 | €15,231 | -€15,668 | -50.7% |
| Financial debts | 170/4 | €30,900 | €15,231 | -€15,668 | -50.7% |
| Amounts payable within one year | 42/48 | €195,705 | €210,077 | +€14,371 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €13,732 | €14,493 | +€761 | +5.5% |
| Financial debts | 43 | €1,457 | €1,457 | = | 0.0% |
| Credit institutions | 430/8 | - | €1,457 | +€1,457 | |
| Other loans | 439 | €1,457 | - | -€1,457 | |
| Trade debts | 44 | - | €6,514 | +€6,514 | |
| Suppliers | 440/4 | - | €6,514 | +€6,514 | |
| Other amounts payable | 47/48 | €180,516 | €187,613 | +€7,097 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,171 | €15,171 | = | 0.0% |
| Other operating charges | 640/8 | - | €1,916 | +€1,916 | |
| Gross operating margin | 9900 | €16,997 | €9,846 | -€7,151 | -42.1% |
| Operating profit (loss) | 9901 | €1,826 | -€7,241 | -€9,067 | |
| Financial charges | 65/66B | €4,008 | €2,513 | -€1,495 | -37.3% |
| Recurring financial charges | 65 | €4,008 | €2,513 | -€1,495 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,182 | -€9,754 | -€7,572 | -347.0% |
| Profit (loss) for the period | 9904 | -€2,182 | -€9,754 | -€7,572 | -347.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,182 | -€9,754 | -€7,572 | -347.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.