Olivius: what changed
Two fiscal 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.
Olivius
Largest movements
- Receivables within one year -€35,086
down €35,086 (-57.4%), from €61,107 to €26,021
of which Trade receivables: -€22,836
- Cash +€12,798
up €12,798 (+58.0%), from €22,083 to €34,882
mainly Other debts (+€40,143) and Receivables within one year (+€35,086)
- Current investments -€5,027
no longer reported in 2025 (was €5,027)
- Reserves -€58,566
down €58,566 (-84.5%), from €69,318 to €10,752
- Other debts +€40,143
new in 2025: €40,143
- Debts after one year -€5,406
no longer reported in 2025 (was €5,406)
- Current portion of long-term debt -€3,737
down €3,737 (-41.0%), from €9,117 to €5,380
- Financial charges -€36,460
down €36,460 (-99.4%), from €36,686 to €226
of which Non-recurring financial charges: -€35,600
- Gross operating margin -€8,425
down €8,425 (-30.3%), from €27,826 to €19,401
- Other operating charges -€2,014
down €2,014 (-70.6%), from €2,852 to €838
- Depreciation +€783
up €783 (+78.8%), from €994 to €1,777
- Financial income -€587
down €587 (-37.5%), from €1,564 to €978
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 | €95,748 | €68,369 | -€27,379 | -28.6% |
| Fixed assets | 21/28 | €7,018 | €7,322 | +€304 | +4.3% |
| Tangible fixed assets | 22/27 | €7,018 | €7,322 | +€304 | +4.3% |
| Plant, machinery and equipment | 23 | €3,696 | €3,246 | -€450 | -12.2% |
| Furniture and vehicles | 24 | €3,322 | €4,076 | +€754 | +22.7% |
| Current assets | 29/58 | €88,730 | €61,048 | -€27,683 | -31.2% |
| Amounts receivable within one year | 40/41 | €61,107 | €26,021 | -€35,086 | -57.4% |
| Trade receivables | 40 | €37,736 | €14,900 | -€22,836 | -60.5% |
| Other amounts receivable | 41 | €23,371 | €11,121 | -€12,249 | -52.4% |
| Current investments | 50/53 | €5,027 | - | -€5,027 | |
| Cash at bank and in hand | 54/58 | €22,083 | €34,882 | +€12,798 | +58.0% |
| Deferred charges and accrued income | 490/1 | €514 | €145 | -€369 | -71.8% |
| Total equity and liabilities | 10/49 | €95,748 | €68,369 | -€27,379 | -28.6% |
| Equity | 10/15 | €74,318 | €15,752 | -€58,566 | -78.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €69,318 | €10,752 | -€58,566 | -84.5% |
| Distributable reserves | 133 | €69,318 | €10,752 | -€58,566 | -84.5% |
| Amounts payable | 17/49 | €21,430 | €52,618 | +€31,187 | +145.5% |
| Amounts payable after more than one year | 17 | €5,406 | - | -€5,406 | |
| Financial debts | 170/4 | €5,406 | - | -€5,406 | |
| Amounts payable within one year | 42/48 | €16,024 | €52,618 | +€36,593 | +228.4% |
| Current portion of amounts payable after more than one year | 42 | €9,117 | €5,380 | -€3,737 | -41.0% |
| Trade debts | 44 | €2,973 | €2,832 | -€141 | -4.7% |
| Suppliers | 440/4 | €2,973 | €2,832 | -€141 | -4.7% |
| Taxes, remuneration and social security | 45 | €3,934 | €4,262 | +€328 | +8.3% |
| Taxes | 450/3 | €3,934 | €4,262 | +€328 | +8.3% |
| Other amounts payable | 47/48 | - | €40,143 | +€40,143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €994 | €1,777 | +€783 | +78.8% |
| Other operating charges | 640/8 | €2,852 | €838 | -€2,014 | -70.6% |
| Gross operating margin | 9900 | €27,826 | €19,401 | -€8,425 | -30.3% |
| Operating profit (loss) | 9901 | €23,979 | €16,785 | -€7,194 | -30.0% |
| Financial income | 75/76B | €1,564 | €978 | -€587 | -37.5% |
| Recurring financial income | 75 | €1,564 | €978 | -€587 | -37.5% |
| Financial charges | 65/66B | €36,686 | €226 | -€36,460 | -99.4% |
| Recurring financial charges | 65 | €1,086 | €226 | -€860 | -79.2% |
| Non-recurring financial charges | 66B | €35,600 | - | -€35,600 | |
| Profit (loss) for the period before taxes | 9903 | -€11,142 | €17,537 | +€28,679 | |
| Income taxes | 67/77 | €10,524 | €10,927 | +€403 | +3.8% |
| Profit (loss) for the period | 9904 | -€21,666 | €6,610 | +€28,277 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,666 | €6,610 | +€28,277 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.