OLIVIER.K: 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.
OLIVIER.K
Largest movements
- Stocks and contracts +€23,199
up €23,199 (+408%), from €5,680 to €28,879
- Tangible fixed assets +€15,508
up €15,508 (+4,950%), from €313 to €15,821
of which Furniture and vehicles: +€15,597
- Receivables within one year +€6,781
up €6,781 (+170%), from €3,978 to €10,759
of which Trade receivables: +€6,034
- Cash -€1,766
down €1,766 (-36.0%), from €4,901 to €3,135
mainly Stocks and contracts (-€23,199) and Investment in fixed assets (net) (-€18,200)
- Intangible fixed assets -€1,600
down €1,600 (-12.0%), from €13,344 to €11,744
- Other debts +€32,226
up €32,226 (+1,407%), from €2,291 to €34,517
- Trade debts +€10,697
up €10,697 (+37,546%), from €28 to €10,725
- Tax, wage and social debts -€3,736
down €3,736 (-31.4%), from €11,913 to €8,178
of which Remuneration and social security: -€5,643
- Profit (loss) carried forward +€3,060
up €3,060, from -€1,438 to €1,622
- Gross operating margin +€20,153
up €20,153 (+93.6%), from €21,541 to €41,693
- Staff costs +€16,188
up €16,188 (+132%), from €12,275 to €28,463
- Other operating charges +€4,459
up €4,459 (+870%), from €512 to €4,972
- Depreciation +€2,603
up €2,603 (+154%), from €1,690 to €4,292
- Taxes +€674
new in 2025: €674
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 | €32,795 | €75,042 | +€42,248 | +129% |
| Fixed assets | 21/28 | €18,235 | €32,142 | +€13,908 | +76.3% |
| Intangible fixed assets | 21 | €13,344 | €11,744 | -€1,600 | -12.0% |
| Tangible fixed assets | 22/27 | €313 | €15,821 | +€15,508 | +4,950% |
| Furniture and vehicles | 24 | - | €15,597 | +€15,597 | |
| Other tangible fixed assets | 26 | €313 | €224 | -€90 | -28.6% |
| Financial fixed assets | 28 | €4,578 | €4,578 | = | 0.0% |
| Current assets | 29/58 | €14,560 | €42,900 | +€28,340 | +195% |
| Stocks and contracts in progress | 3 | €5,680 | €28,879 | +€23,199 | +408% |
| Stocks | 30/36 | €5,680 | €28,879 | +€23,199 | +408% |
| Amounts receivable within one year | 40/41 | €3,978 | €10,759 | +€6,781 | +170% |
| Trade receivables | 40 | €629 | €6,663 | +€6,034 | +959% |
| Other amounts receivable | 41 | €3,349 | €4,096 | +€747 | +22.3% |
| Cash at bank and in hand | 54/58 | €4,901 | €3,135 | -€1,766 | -36.0% |
| Deferred charges and accrued income | 490/1 | - | €126 | +€126 | |
| Total equity and liabilities | 10/49 | €32,795 | €75,042 | +€42,248 | +129% |
| Equity | 10/15 | €18,562 | €21,622 | +€3,060 | +16.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,438 | €1,622 | +€3,060 | |
| Amounts payable | 17/49 | €14,233 | €53,420 | +€39,188 | +275% |
| Amounts payable within one year | 42/48 | €14,233 | €53,420 | +€39,188 | +275% |
| Trade debts | 44 | €28 | €10,725 | +€10,697 | +37,546% |
| Suppliers | 440/4 | €28 | €10,725 | +€10,697 | +37,546% |
| Taxes, remuneration and social security | 45 | €11,913 | €8,178 | -€3,736 | -31.4% |
| Taxes | 450/3 | - | €1,907 | +€1,907 | |
| Remuneration and social security | 454/9 | €11,913 | €6,271 | -€5,643 | -47.4% |
| Other amounts payable | 47/48 | €2,291 | €34,517 | +€32,226 | +1,407% |
| Non-recurring operating income | 76A | €100 | €720 | +€620 | +620% |
| Remuneration, social security and pensions | 62 | €12,275 | €28,463 | +€16,188 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,690 | €4,292 | +€2,603 | +154% |
| Other operating charges | 640/8 | €512 | €4,972 | +€4,459 | +870% |
| Gross operating margin | 9900 | €21,541 | €41,693 | +€20,153 | +93.6% |
| Operating profit (loss) | 9901 | €7,064 | €3,966 | -€3,098 | -43.9% |
| Financial income | 75/76B | €0 | €10 | +€10 | +4,518% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +4,518% |
| Financial charges | 65/66B | €411 | €243 | -€169 | -41.1% |
| Recurring financial charges | 65 | €411 | €243 | -€169 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €6,652 | €3,734 | -€2,919 | -43.9% |
| Income taxes | 67/77 | - | €674 | +€674 | |
| Profit (loss) for the period | 9904 | €6,652 | €3,060 | -€3,592 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,652 | €3,060 | -€3,592 | -54.0% |
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 21 October 2026 via checked.be.