OLIVE TREE FARM: 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 TREE FARM
Largest movements
- Receivables within one year +€147,451
up €147,451 (+111%), from €132,325 to €279,777
of which Trade receivables: +€160,265
- Tangible fixed assets -€129,435
down €129,435 (-4.4%), from €3.0m to €2.8m
of which Land and buildings: -€82,664
- Cash -€44,772
down €44,772 (-64.0%), from €69,919 to €25,147
mainly Other debts (-€1.4m) and Net result for the year (-€529,598)
- Contributions +€2.0m
up €2.0m (+6,667%), from €30,000 to €2.0m
- Other debts -€1.4m
down €1.4m (-31.5%), from €4.4m to €3.0m
- Profit (loss) carried forward -€529,598
down €529,598 (-49.9%), from -€1.1m to -€1.6m
- Debts after one year -€54,000
down €54,000 (-100%), from €54,000 to €0
- Trade debts -€38,479
down €38,479 (-45.3%), from €84,895 to €46,417
- Gross operating margin +€263,880
up €263,880, from -€135,151 to €128,729
- Other operating charges +€52,367
up €52,367 (+219%), from €23,863 to €76,231
- Depreciation -€43,594
down €43,594 (-19.3%), from €225,861 to €182,267
- Staff costs +€2,432
up €2,432 (+0.6%), from €393,915 to €396,347
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 | €3,803,143 | €3,785,000 | -€18,143 | -0.5% |
| Fixed assets | 21/28 | €2,963,288 | €2,833,853 | -€129,435 | -4.4% |
| Tangible fixed assets | 22/27 | €2,953,902 | €2,824,468 | -€129,435 | -4.4% |
| Land and buildings | 22 | €2,778,576 | €2,695,912 | -€82,664 | -3.0% |
| Plant, machinery and equipment | 23 | €22,883 | €25,375 | +€2,492 | +10.9% |
| Furniture and vehicles | 24 | €152,443 | €103,181 | -€49,263 | -32.3% |
| Financial fixed assets | 28 | €9,385 | €9,385 | = | 0.0% |
| Current assets | 29/58 | €839,855 | €951,147 | +€111,292 | +13.3% |
| Stocks and contracts in progress | 3 | €625,000 | €625,000 | = | 0.0% |
| Stocks | 30/36 | €625,000 | €625,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €132,325 | €279,777 | +€147,451 | +111% |
| Trade receivables | 40 | €100,731 | €260,996 | +€160,265 | +159% |
| Other amounts receivable | 41 | €31,595 | €18,781 | -€12,814 | -40.6% |
| Cash at bank and in hand | 54/58 | €69,919 | €25,147 | -€44,772 | -64.0% |
| Deferred charges and accrued income | 490/1 | €12,610 | €21,223 | +€8,613 | +68.3% |
| Total equity and liabilities | 10/49 | €3,803,143 | €3,785,000 | -€18,143 | -0.5% |
| Equity | 10/15 | -€729,864 | €740,539 | +€1.5m | |
| Contributions | 10/11 | €30,000 | €2,030,000 | +€2.0m | +6,667% |
| Reserves | 13 | €300,786 | €300,786 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €297,786 | €297,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,060,649 | -€1,590,247 | -€529,598 | -49.9% |
| Amounts payable | 17/49 | €4,533,006 | €3,044,461 | -€1.5m | -32.8% |
| Amounts payable after more than one year | 17 | €54,000 | €0 | -€54,000 | -100% |
| Other amounts payable | 178/9 | €54,000 | €0 | -€54,000 | -100% |
| Amounts payable within one year | 42/48 | €4,475,631 | €3,044,461 | -€1.4m | -32.0% |
| Trade debts | 44 | €84,895 | €46,417 | -€38,479 | -45.3% |
| Suppliers | 440/4 | €84,895 | €46,417 | -€38,479 | -45.3% |
| Taxes, remuneration and social security | 45 | €33,878 | €14,360 | -€19,518 | -57.6% |
| Taxes | 450/3 | €7,494 | €3,044 | -€4,450 | -59.4% |
| Remuneration and social security | 454/9 | €26,384 | €11,316 | -€15,068 | -57.1% |
| Other amounts payable | 47/48 | €4,356,858 | €2,983,684 | -€1.4m | -31.5% |
| Accrued charges and deferred income | 492/3 | €3,375 | €0 | -€3,375 | -100% |
| Remuneration, social security and pensions | 62 | €393,915 | €396,347 | +€2,432 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €225,861 | €182,267 | -€43,594 | -19.3% |
| Other operating charges | 640/8 | €23,863 | €76,231 | +€52,367 | +219% |
| Gross operating margin | 9900 | -€135,151 | €128,729 | +€263,880 | |
| Operating profit (loss) | 9901 | -€778,790 | -€526,115 | +€252,675 | +32.4% |
| Financial income | 75/76B | €751 | €0 | -€750 | -99.9% |
| Recurring financial income | 75 | €751 | €0 | -€750 | -99.9% |
| Financial charges | 65/66B | €838 | €439 | -€399 | -47.6% |
| Recurring financial charges | 65 | €838 | €439 | -€399 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€778,877 | -€526,554 | +€252,324 | +32.4% |
| Income taxes | 67/77 | €3,177 | €3,044 | -€133 | -4.2% |
| Profit (loss) for the period | 9904 | -€782,054 | -€529,598 | +€252,457 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€782,054 | -€529,598 | +€252,457 | +32.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.