Olive Operations: 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.
Olive Operations
Largest movements
- Receivables within one year +€10,382
up €10,382 (+105.9%), from €9,806 to €20,187
of which Trade receivables: +€9,137
- Cash +€6,425
up €6,425 (+282.4%), from €2,275 to €8,699
mainly Net result for the year (+€15,504) and Depreciation (+€14,787)
- Tangible fixed assets -€3,421
down €3,421 (-12.1%), from €28,159 to €24,738
of which Furniture and vehicles: -€13,414
- Financial fixed assets +€809
new in 2025: €809
- Reserves +€13,838
up €13,838 (+1879.1%), from €736 to €14,574
- Debts after one year -€10,034
down €10,034 (-95.6%), from €10,491 to €457
- Tax, wage and social debts +€4,887
up €4,887 (+101.4%), from €4,821 to €9,708
- Trade debts +€3,964
up €3,964 (+751.0%), from €528 to €4,491
- Other debts +€3,909
up €3,909 (+120.3%), from €3,248 to €7,157
- Gross operating margin +€22,740
up €22,740 (+142.1%), from €16,003 to €38,743
- Taxes +€5,712
up €5,712 (+547.8%), from €1,043 to €6,755
- Depreciation +€1,620
up €1,620 (+12.3%), from €13,167 to €14,787
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 | €41,642 | €55,837 | +€14,194 | +34.1% |
| Fixed assets | 21/28 | €28,159 | €25,547 | -€2,612 | -9.3% |
| Tangible fixed assets | 22/27 | €28,159 | €24,738 | -€3,421 | -12.1% |
| Land and buildings | 22 | - | €2,935 | +€2,935 | |
| Plant, machinery and equipment | 23 | €2,252 | €9,310 | +€7,058 | +313.5% |
| Furniture and vehicles | 24 | €25,908 | €12,494 | -€13,414 | -51.8% |
| Financial fixed assets | 28 | - | €809 | +€809 | |
| Current assets | 29/58 | €13,483 | €30,289 | +€16,806 | +124.6% |
| Amounts receivable within one year | 40/41 | €9,806 | €20,187 | +€10,382 | +105.9% |
| Trade receivables | 40 | €9,801 | €18,938 | +€9,137 | +93.2% |
| Other amounts receivable | 41 | €4 | €1,249 | +€1,245 | +28817.4% |
| Cash at bank and in hand | 54/58 | €2,275 | €8,699 | +€6,425 | +282.4% |
| Deferred charges and accrued income | 490/1 | €1,402 | €1,402 | = | 0.0% |
| Total equity and liabilities | 10/49 | €41,642 | €55,837 | +€14,194 | +34.1% |
| Equity | 10/15 | €5,736 | €19,574 | +€13,838 | +241.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €736 | €14,574 | +€13,838 | +1879.1% |
| Distributable reserves | 133 | €736 | €14,574 | +€13,838 | +1879.1% |
| Amounts payable | 17/49 | €35,906 | €36,262 | +€357 | +1.0% |
| Amounts payable after more than one year | 17 | €10,491 | €457 | -€10,034 | -95.6% |
| Financial debts | 170/4 | €10,491 | €457 | -€10,034 | -95.6% |
| Amounts payable within one year | 42/48 | €21,454 | €31,391 | +€9,937 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €12,857 | €10,034 | -€2,823 | -22.0% |
| Trade debts | 44 | €528 | €4,491 | +€3,964 | +751.0% |
| Suppliers | 440/4 | €528 | €4,491 | +€3,964 | +751.0% |
| Taxes, remuneration and social security | 45 | €4,821 | €9,708 | +€4,887 | +101.4% |
| Taxes | 450/3 | €4,821 | €9,708 | +€4,887 | +101.4% |
| Other amounts payable | 47/48 | €3,248 | €7,157 | +€3,909 | +120.3% |
| Accrued charges and deferred income | 492/3 | €3,961 | €4,415 | +€454 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,167 | €14,787 | +€1,620 | +12.3% |
| Other operating charges | 640/8 | €643 | €855 | +€212 | +32.9% |
| Gross operating margin | 9900 | €16,003 | €38,743 | +€22,740 | +142.1% |
| Operating profit (loss) | 9901 | €2,193 | €23,101 | +€20,908 | +953.4% |
| Financial income | 75/76B | €85 | €0 | -€85 | -100.0% |
| Recurring financial income | 75 | €85 | €0 | -€85 | -100.0% |
| Financial charges | 65/66B | €698 | €843 | +€144 | +20.6% |
| Recurring financial charges | 65 | €698 | €843 | +€144 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €1,580 | €22,259 | +€20,679 | +1309.1% |
| Income taxes | 67/77 | €1,043 | €6,755 | +€5,712 | +547.8% |
| Profit (loss) for the period | 9904 | €537 | €15,504 | +€14,967 | +2787.5% |
| Profit (loss) for the period to be appropriated | 9905 | €537 | €15,504 | +€14,967 | +2787.5% |
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 2 October 2026 via checked.be.