OLIVEST: 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.
OLIVEST
Largest movements
- Tangible fixed assets +€925,943
up €925,943 (+16,830%), from €5,502 to €931,444
of which Land and buildings: +€877,407
- Cash -€21,236
down €21,236 (-45.0%), from €47,146 to €25,910
mainly Investment in fixed assets (net) (-€941,885) and Tax, wage and social debts (-€8,067)
- Contributions +€425,000
up €425,000 (+42,500%), from €1,000 to €426,000
- Debts after one year +€366,670
new in 2025: €366,670
- Other debts +€82,211
up €82,211 (+6,728%), from €1,222 to €83,433
- Current portion of long-term debt +€26,664
new in 2025: €26,664
- Gross operating margin -€28,392
down €28,392 (-46.5%), from €60,994 to €32,602
- Depreciation +€15,896
up €15,896 (+33,685%), from €47 to €15,943
- Taxes -€13,819
down €13,819 (-82.1%), from €16,822 to €3,003
- Financial charges +€7,038
new in 2025: €7,038
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 | €67,075 | €973,021 | +€905,946 | +1,351% |
| Fixed assets | 21/28 | €5,502 | €931,444 | +€925,943 | +16,830% |
| Tangible fixed assets | 22/27 | €5,502 | €931,444 | +€925,943 | +16,830% |
| Land and buildings | 22 | - | €877,407 | +€877,407 | |
| Plant, machinery and equipment | 23 | - | €48,737 | +€48,737 | |
| Furniture and vehicles | 24 | €5,502 | €5,300 | -€202 | -3.7% |
| Current assets | 29/58 | €61,573 | €41,576 | -€19,997 | -32.5% |
| Amounts receivable within one year | 40/41 | €14,427 | €15,666 | +€1,239 | +8.6% |
| Trade receivables | 40 | €12,100 | €15,666 | +€3,566 | +29.5% |
| Other amounts receivable | 41 | €2,327 | - | -€2,327 | |
| Cash at bank and in hand | 54/58 | €47,146 | €25,910 | -€21,236 | -45.0% |
| Total equity and liabilities | 10/49 | €67,075 | €973,021 | +€905,946 | +1,351% |
| Equity | 10/15 | €45,071 | €476,353 | +€431,281 | +957% |
| Contributions | 10/11 | €1,000 | €426,000 | +€425,000 | +42,500% |
| Reserves | 13 | €44,050 | €50,331 | +€6,281 | +14.3% |
| Distributable reserves | 133 | €44,050 | €50,331 | +€6,281 | +14.3% |
| Profit (loss) carried forward | 14 | €21 | €22 | +€0 | +0.4% |
| Amounts payable | 17/49 | €22,004 | €496,668 | +€474,664 | +2,157% |
| Amounts payable after more than one year | 17 | - | €366,670 | +€366,670 | |
| Financial debts | 170/4 | - | €366,670 | +€366,670 | |
| Amounts payable within one year | 42/48 | €21,804 | €129,798 | +€107,994 | +495% |
| Current portion of amounts payable after more than one year | 42 | - | €26,664 | +€26,664 | |
| Trade debts | 44 | €109 | €7,295 | +€7,186 | +6,584% |
| Suppliers | 440/4 | €109 | €7,295 | +€7,186 | +6,584% |
| Taxes, remuneration and social security | 45 | €20,472 | €12,406 | -€8,067 | -39.4% |
| Taxes | 450/3 | €18,472 | €10,406 | -€8,067 | -43.7% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,222 | €83,433 | +€82,211 | +6,728% |
| Accrued charges and deferred income | 492/3 | €200 | €200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47 | €15,943 | +€15,896 | +33,685% |
| Other operating charges | 640/8 | €53 | €397 | +€344 | +651% |
| Gross operating margin | 9900 | €60,994 | €32,602 | -€28,392 | -46.5% |
| Operating profit (loss) | 9901 | €60,894 | €16,262 | -€44,632 | -73.3% |
| Financial income | 75/76B | - | €61 | +€61 | |
| Recurring financial income | 75 | - | €61 | +€61 | |
| Financial charges | 65/66B | - | €7,038 | +€7,038 | |
| Recurring financial charges | 65 | - | €7,038 | +€7,038 | |
| Profit (loss) for the period before taxes | 9903 | €60,894 | €9,284 | -€51,610 | -84.8% |
| Income taxes | 67/77 | €16,822 | €3,003 | -€13,819 | -82.1% |
| Profit (loss) for the period | 9904 | €44,071 | €6,281 | -€37,790 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,071 | €6,281 | -€37,790 | -85.7% |
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 13 October 2026 via checked.be.