Olive Capital: 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.
Olive Capital
Largest movements
- Cash +€136,090
up €136,090 (+121%), from €112,937 to €249,027
mainly Net result for the year (+€97,522) and Receivables within one year (+€26,305)
- Receivables within one year -€26,305
down €26,305 (-32.5%), from €80,820 to €54,515
- Reserves +€97,522
up €97,522 (+79.2%), from €123,135 to €220,657
- Other debts +€17,160
up €17,160 (+72.5%), from €23,680 to €40,840
- Tax, wage and social debts -€7,550
down €7,550 (-17.3%), from €43,728 to €36,178
- Gross operating margin -€32,893
down €32,893 (-20.3%), from €162,182 to €129,289
- Taxes -€8,011
down €8,011 (-22.9%), from €35,027 to €27,017
- Financial charges +€3,364
up €3,364 (+221%), from €1,519 to €4,883
- Depreciation -€2,074
no longer reported in 2025 (was €2,074)
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 | €193,757 | €303,574 | +€109,817 | +56.7% |
| Current assets | 29/58 | €193,757 | €303,574 | +€109,817 | +56.7% |
| Amounts receivable within one year | 40/41 | €80,820 | €54,515 | -€26,305 | -32.5% |
| Trade receivables | 40 | €80,820 | €54,515 | -€26,305 | -32.5% |
| Cash at bank and in hand | 54/58 | €112,937 | €249,027 | +€136,090 | +121% |
| Deferred charges and accrued income | 490/1 | - | €31 | +€31 | |
| Total equity and liabilities | 10/49 | €193,757 | €303,574 | +€109,817 | +56.7% |
| Equity | 10/15 | €124,135 | €221,657 | +€97,522 | +78.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €123,135 | €220,657 | +€97,522 | +79.2% |
| Distributable reserves | 133 | €123,135 | €220,657 | +€97,522 | +79.2% |
| Amounts payable | 17/49 | €69,622 | €81,916 | +€12,294 | +17.7% |
| Amounts payable within one year | 42/48 | €68,122 | €78,057 | +€9,935 | +14.6% |
| Financial debts | 43 | €415 | €517 | +€103 | +24.8% |
| Credit institutions | 430/8 | €415 | €517 | +€103 | +24.8% |
| Trade debts | 44 | €300 | €522 | +€222 | +74.1% |
| Suppliers | 440/4 | €300 | €522 | +€222 | +74.1% |
| Taxes, remuneration and social security | 45 | €43,728 | €36,178 | -€7,550 | -17.3% |
| Taxes | 450/3 | €43,728 | €36,178 | -€7,550 | -17.3% |
| Other amounts payable | 47/48 | €23,680 | €40,840 | +€17,160 | +72.5% |
| Accrued charges and deferred income | 492/3 | €1,500 | €3,859 | +€2,359 | +157% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,074 | - | -€2,074 | |
| Other operating charges | 640/8 | €426 | €66 | -€361 | -84.6% |
| Gross operating margin | 9900 | €162,182 | €129,289 | -€32,893 | -20.3% |
| Operating profit (loss) | 9901 | €159,681 | €129,224 | -€30,458 | -19.1% |
| Financial income | 75/76B | - | €199 | +€199 | |
| Recurring financial income | 75 | - | €199 | +€199 | |
| Financial charges | 65/66B | €1,519 | €4,883 | +€3,364 | +221% |
| Recurring financial charges | 65 | €1,519 | €4,883 | +€3,364 | +221% |
| Profit (loss) for the period before taxes | 9903 | €158,162 | €124,539 | -€33,623 | -21.3% |
| Income taxes | 67/77 | €35,027 | €27,017 | -€8,011 | -22.9% |
| Profit (loss) for the period | 9904 | €123,135 | €97,522 | -€25,612 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €123,135 | €97,522 | -€25,612 | -20.8% |
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 23 October 2026 via checked.be.