OLIVIA 'S BEACH: 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.
OLIVIA 'S BEACH
Largest movements
- Cash +€85,367
up €85,367 (+105%), from €81,418 to €166,785
mainly Net result for the year (+€52,518) and Trade debts (+€40,518)
- Receivables within one year +€39,995
up €39,995 (+95.2%), from €42,020 to €82,016
of which Trade receivables: +€43,557
- Tangible fixed assets +€6,251
up €6,251 (+11.1%), from €56,183 to €62,434
of which Leasing and similar rights: +€31,404
- Profit (loss) carried forward +€52,518
up €52,518 (+720%), from €7,294 to €59,813
- Trade debts +€40,518
up €40,518 (+143%), from €28,326 to €68,845
- Debts after one year +€15,999
up €15,999 (+144%), from €11,106 to €27,105
- Tax, wage and social debts +€13,124
up €13,124 (+293%), from €4,473 to €17,597
of which Taxes: +€8,380
- Current portion of long-term debt +€7,647
up €7,647 (+91.5%), from €8,355 to €16,002
- Gross operating margin +€83,008
up €83,008 (+123%), from €67,555 to €150,563
- Staff costs +€11,266
up €11,266 (+31.2%), from €36,066 to €47,333
- Taxes +€8,030
up €8,030, from €0 to €8,030
- Depreciation +€2,056
up €2,056 (+5.7%), from €36,020 to €38,076
- Other operating charges +€1,901
up €1,901 (+162%), from €1,174 to €3,075
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 | €179,883 | €312,182 | +€132,299 | +73.5% |
| Fixed assets | 21/28 | €56,323 | €62,434 | +€6,111 | +10.9% |
| Intangible fixed assets | 21 | €140 | €0 | -€140 | -100% |
| Tangible fixed assets | 22/27 | €56,183 | €62,434 | +€6,251 | +11.1% |
| Plant, machinery and equipment | 23 | €31,980 | €13,075 | -€18,906 | -59.1% |
| Furniture and vehicles | 24 | €24,203 | €17,955 | -€6,247 | -25.8% |
| Leasing and similar rights | 25 | - | €31,404 | +€31,404 | |
| Current assets | 29/58 | €123,560 | €249,748 | +€126,188 | +102% |
| Amounts receivable within one year | 40/41 | €42,020 | €82,016 | +€39,995 | +95.2% |
| Trade receivables | 40 | €31,216 | €74,773 | +€43,557 | +140% |
| Other amounts receivable | 41 | €10,805 | €7,243 | -€3,562 | -33.0% |
| Cash at bank and in hand | 54/58 | €81,418 | €166,785 | +€85,367 | +105% |
| Deferred charges and accrued income | 490/1 | €122 | €947 | +€826 | +679% |
| Total equity and liabilities | 10/49 | €179,883 | €312,182 | +€132,299 | +73.5% |
| Equity | 10/15 | €27,294 | €79,813 | +€52,518 | +192% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,294 | €59,813 | +€52,518 | +720% |
| Amounts payable | 17/49 | €152,588 | €232,369 | +€79,781 | +52.3% |
| Amounts payable after more than one year | 17 | €11,106 | €27,105 | +€15,999 | +144% |
| Financial debts | 170/4 | €11,106 | €27,105 | +€15,999 | +144% |
| Amounts payable within one year | 42/48 | €134,140 | €197,922 | +€63,782 | +47.5% |
| Current portion of amounts payable after more than one year | 42 | €8,355 | €16,002 | +€7,647 | +91.5% |
| Trade debts | 44 | €28,326 | €68,845 | +€40,518 | +143% |
| Suppliers | 440/4 | €28,326 | €68,845 | +€40,518 | +143% |
| Taxes, remuneration and social security | 45 | €4,473 | €17,597 | +€13,124 | +293% |
| Taxes | 450/3 | - | €8,380 | +€8,380 | |
| Remuneration and social security | 454/9 | €4,473 | €9,217 | +€4,744 | +106% |
| Other amounts payable | 47/48 | €92,986 | €95,479 | +€2,493 | +2.7% |
| Accrued charges and deferred income | 492/3 | €7,342 | €7,342 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €36,066 | €47,333 | +€11,266 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,020 | €38,076 | +€2,056 | +5.7% |
| Other operating charges | 640/8 | €1,174 | €3,075 | +€1,901 | +162% |
| Non-recurring operating charges | 66A | €23,314 | €0 | -€23,314 | -100% |
| Gross operating margin | 9900 | €67,555 | €150,563 | +€83,008 | +123% |
| Operating profit (loss) | 9901 | -€29,020 | €62,078 | +€91,098 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,380 | €1,530 | -€1,850 | -54.7% |
| Recurring financial charges | 65 | €3,380 | €1,530 | -€1,850 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,400 | €60,548 | +€92,948 | |
| Income taxes | 67/77 | €0 | €8,030 | +€8,030 | |
| Profit (loss) for the period | 9904 | -€32,400 | €52,518 | +€84,918 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,400 | €52,518 | +€84,918 |
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 26 October 2026 via checked.be.