OLIVIN: 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.
OLIVIN
Largest movements
- Intangible fixed assets +€40,000
new in 2025: €40,000
- Stocks and contracts +€11,729
new in 2025: €11,729
- Financial fixed assets +€6,033
new in 2025: €6,033
- Cash +€2,262
up €2,262 (+1,018%), from €222 to €2,484
mainly Debts after one year (+€44,750) and Tax, wage and social debts (+€11,699)
- Deferred charges and accrued income +€2,119
new in 2025: €2,119
- Debts after one year +€44,750
new in 2025: €44,750
- Tax, wage and social debts +€11,699
new in 2025: €11,699
of which Taxes: +€6,512
- Profit (loss) carried forward -€10,085
down €10,085 (-68.2%), from -€14,783 to -€24,868
- Trade debts +€9,950
new in 2025: €9,950
- Current portion of long-term debt +€6,600
new in 2025: €6,600
- Gross operating margin +€71,870
up €71,870, from -€85 to €71,785
- Staff costs +€66,645
new in 2025: €66,645
- Depreciation +€10,694
new in 2025: €10,694
- Other operating charges +€2,566
new in 2025: €2,566
- Financial charges +€1,810
up €1,810 (+823%), from €220 to €2,030
of which Financial charges: +€1,403
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 | €5,677 | €68,591 | +€62,914 | +1,108% |
| Fixed assets | 21/28 | €0 | €47,541 | +€47,541 | |
| Intangible fixed assets | 21 | - | €40,000 | +€40,000 | |
| Tangible fixed assets | 22/27 | €0 | €1,508 | +€1,508 | |
| Plant, machinery and equipment | 23 | €0 | €626 | +€626 | |
| Furniture and vehicles | 24 | €0 | €882 | +€882 | |
| Financial fixed assets | 28 | - | €6,033 | +€6,033 | |
| Current assets | 29/58 | €5,677 | €21,050 | +€15,373 | +271% |
| Stocks and contracts in progress | 3 | - | €11,729 | +€11,729 | |
| Stocks | 30/36 | - | €11,729 | +€11,729 | |
| Amounts receivable within one year | 40/41 | €5,455 | €4,718 | -€737 | -13.5% |
| Trade receivables | 40 | - | €1,869 | +€1,869 | |
| Other amounts receivable | 41 | €5,455 | €2,849 | -€2,606 | -47.8% |
| Cash at bank and in hand | 54/58 | €222 | €2,484 | +€2,262 | +1,018% |
| Deferred charges and accrued income | 490/1 | - | €2,119 | +€2,119 | |
| Total equity and liabilities | 10/49 | €5,677 | €68,591 | +€62,914 | +1,108% |
| Equity | 10/15 | €5,677 | -€4,408 | -€10,085 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,783 | -€24,868 | -€10,085 | -68.2% |
| Amounts payable | 17/49 | - | €72,999 | +€72,999 | |
| Amounts payable after more than one year | 17 | - | €44,750 | +€44,750 | |
| Financial debts | 170/4 | - | €44,750 | +€44,750 | |
| Amounts payable within one year | 42/48 | - | €28,249 | +€28,249 | |
| Current portion of amounts payable after more than one year | 42 | - | €6,600 | +€6,600 | |
| Trade debts | 44 | - | €9,950 | +€9,950 | |
| Suppliers | 440/4 | - | €9,950 | +€9,950 | |
| Taxes, remuneration and social security | 45 | - | €11,699 | +€11,699 | |
| Taxes | 450/3 | - | €6,512 | +€6,512 | |
| Remuneration and social security | 454/9 | - | €5,187 | +€5,187 | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €66,645 | +€66,645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,694 | +€10,694 | |
| Other operating charges | 640/8 | - | €2,566 | +€2,566 | |
| Gross operating margin | 9900 | -€85 | €71,785 | +€71,870 | |
| Operating profit (loss) | 9901 | -€85 | -€8,120 | -€8,035 | -9,427% |
| Financial income | 75/76B | €321 | €251 | -€70 | -21.8% |
| Recurring financial income | 75 | €321 | €251 | -€70 | -21.8% |
| Financial charges | 65/66B | €220 | €2,030 | +€1,810 | +823% |
| Recurring financial charges | 65 | €220 | €1,623 | +€1,403 | +638% |
| Non-recurring financial charges | 66B | - | €407 | +€407 | |
| Profit (loss) for the period before taxes | 9903 | €16 | -€9,899 | -€9,915 | |
| Income taxes | 67/77 | - | €186 | +€186 | |
| Profit (loss) for the period | 9904 | €16 | -€10,085 | -€10,101 | |
| Profit (loss) for the period to be appropriated | 9905 | €16 | -€10,085 | -€10,101 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.