OLIVANDE: 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.
OLIVANDE
Largest movements
- Tangible fixed assets -€21,539
down €21,539 (-5.0%), from €427,438 to €405,899
- Cash +€12,613
up €12,613 (+55.2%), from €22,850 to €35,463
mainly Depreciation (+€21,539) and Other debts (+€4,858)
- Debts after one year -€16,548
down €16,548 (-17.6%), from €94,036 to €77,487
- Other debts +€4,858
up €4,858 (+1.0%), from €462,857 to €467,715
- Gross operating margin +€1,885
up €1,885 (+6.5%), from €29,019 to €30,904
- Financial charges -€416
down €416 (-12.7%), from €3,285 to €2,869
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 | €457,003 | €447,714 | -€9,289 | -2.0% |
| Fixed assets | 21/28 | €427,438 | €405,899 | -€21,539 | -5.0% |
| Tangible fixed assets | 22/27 | €427,438 | €405,899 | -€21,539 | -5.0% |
| Land and buildings | 22 | €427,438 | €405,899 | -€21,539 | -5.0% |
| Current assets | 29/58 | €29,565 | €41,815 | +€12,250 | +41.4% |
| Amounts receivable within one year | 40/41 | €5,717 | €6,353 | +€635 | +11.1% |
| Trade receivables | 40 | €5,717 | €6,353 | +€635 | +11.1% |
| Cash at bank and in hand | 54/58 | €22,850 | €35,463 | +€12,613 | +55.2% |
| Deferred charges and accrued income | 490/1 | €998 | €0 | -€998 | -100.0% |
| Total equity and liabilities | 10/49 | €457,003 | €447,714 | -€9,289 | -2.0% |
| Equity | 10/15 | -€118,735 | -€114,430 | +€4,305 | +3.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,735 | -€144,430 | +€4,305 | +2.9% |
| Amounts payable | 17/49 | €575,738 | €562,144 | -€13,594 | -2.4% |
| Amounts payable after more than one year | 17 | €94,036 | €77,487 | -€16,548 | -17.6% |
| Financial debts | 170/4 | €94,036 | €77,487 | -€16,548 | -17.6% |
| Amounts payable within one year | 42/48 | €481,702 | €484,657 | +€2,955 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €16,000 | +€1,000 | +6.7% |
| Trade debts | 44 | €2,380 | €0 | -€2,380 | -100.0% |
| Suppliers | 440/4 | €2,380 | €0 | -€2,380 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,464 | €942 | -€523 | -35.7% |
| Taxes | 450/3 | €1,464 | €942 | -€523 | -35.7% |
| Other amounts payable | 47/48 | €462,857 | €467,715 | +€4,858 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,386 | €21,539 | +€153 | +0.7% |
| Other operating charges | 640/8 | €2,003 | €2,192 | +€189 | +9.4% |
| Gross operating margin | 9900 | €29,019 | €30,904 | +€1,885 | +6.5% |
| Operating profit (loss) | 9901 | €5,630 | €7,174 | +€1,543 | +27.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,285 | €2,869 | -€416 | -12.7% |
| Recurring financial charges | 65 | €3,285 | €2,869 | -€416 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €2,346 | €4,305 | +€1,959 | +83.5% |
| Profit (loss) for the period | 9904 | €2,346 | €4,305 | +€1,959 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,346 | €4,305 | +€1,959 | +83.5% |
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 4 October 2026 via checked.be.