OLIVINI: 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.
OLIVINI
Largest movements
- Tangible fixed assets -€66,331
down €66,331 (-2.7%), from €2.5m to €2.4m
- Cash +€50,757
up €50,757 (+881.3%), from €5,759 to €56,516
mainly Depreciation (+€67,351) and Receivables within one year (+€27,961)
- Receivables within one year -€27,961
down €27,961 (-25.3%), from €110,522 to €82,561
of which Trade receivables: -€20,293
- Debts after one year -€42,190
down €42,190 (-2.5%), from €1.7m to €1.6m
- Other operating charges -€8,711
down €8,711 (-71.3%), from €12,218 to €3,507
- Gross operating margin -€3,899
down €3,899 (-7.0%), from €55,531 to €51,632
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.
Cash bridge derived
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 | €2,575,532 | €2,532,114 | -€43,418 | -1.7% |
| Fixed assets | 21/28 | €2,458,851 | €2,392,520 | -€66,331 | -2.7% |
| Tangible fixed assets | 22/27 | €2,458,351 | €2,392,020 | -€66,331 | -2.7% |
| Land and buildings | 22 | €2,458,351 | €2,392,020 | -€66,331 | -2.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €116,681 | €139,594 | +€22,913 | +19.6% |
| Amounts receivable within one year | 40/41 | €110,522 | €82,561 | -€27,961 | -25.3% |
| Trade receivables | 40 | €101,375 | €81,082 | -€20,293 | -20.0% |
| Other amounts receivable | 41 | €9,146 | €1,479 | -€7,668 | -83.8% |
| Cash at bank and in hand | 54/58 | €5,759 | €56,516 | +€50,757 | +881.3% |
| Deferred charges and accrued income | 490/1 | €400 | €518 | +€117 | +29.3% |
| Total equity and liabilities | 10/49 | €2,575,532 | €2,532,114 | -€43,418 | -1.7% |
| Equity | 10/15 | €834,541 | €815,208 | -€19,333 | -2.3% |
| Contributions | 10/11 | €1,018,600 | €1,018,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,059 | -€203,392 | -€19,333 | -10.5% |
| Amounts payable | 17/49 | €1,740,991 | €1,716,906 | -€24,085 | -1.4% |
| Amounts payable after more than one year | 17 | €1,690,923 | €1,648,733 | -€42,190 | -2.5% |
| Other amounts payable | 178/9 | €1,690,923 | €1,648,733 | -€42,190 | -2.5% |
| Amounts payable within one year | 42/48 | €50,068 | €68,173 | +€18,105 | +36.2% |
| Trade debts | 44 | €32,140 | €45,520 | +€13,379 | +41.6% |
| Suppliers | 440/4 | €32,140 | €45,520 | +€13,379 | +41.6% |
| Taxes, remuneration and social security | 45 | €0 | €774 | +€774 | |
| Taxes | 450/3 | €0 | €774 | +€774 | |
| Other amounts payable | 47/48 | €17,928 | €21,879 | +€3,951 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,345 | €67,351 | +€7 | 0.0% |
| Other operating charges | 640/8 | €12,218 | €3,507 | -€8,711 | -71.3% |
| Gross operating margin | 9900 | €55,531 | €51,632 | -€3,899 | -7.0% |
| Operating profit (loss) | 9901 | -€24,031 | -€19,226 | +€4,805 | +20.0% |
| Financial income | 75/76B | €7 | €27 | +€20 | +298.5% |
| Recurring financial income | 75 | €7 | €27 | +€20 | +298.5% |
| Financial charges | 65/66B | €193 | €134 | -€60 | -30.8% |
| Recurring financial charges | 65 | €193 | €134 | -€60 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,218 | -€19,333 | +€4,885 | +20.2% |
| Income taxes | 67/77 | €2 | €0 | -€2 | -100.0% |
| Profit (loss) for the period | 9904 | -€24,220 | -€19,333 | +€4,887 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,220 | -€19,333 | +€4,887 | +20.2% |
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 9 October 2026 via checked.be.