OLIWOOD: 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.
OLIWOOD
Largest movements
- Tangible fixed assets -€2,612
down €2,612 (-3.8%), from €68,286 to €65,674
of which Land and buildings: -€5,551
- Deferred charges and accrued income -€1,742
down €1,742 (-76.4%), from €2,280 to €539
- Debts after one year -€6,339
down €6,339 (-28.6%), from €22,163 to €15,824
- Profit (loss) carried forward +€6,174
up €6,174 (+32.2%), from -€19,176 to -€13,001
- Tax, wage and social debts -€2,516
down €2,516 (-55.4%), from €4,544 to €2,028
- Gross operating margin +€25,197
up €25,197, from -€8,068 to €17,130
- Depreciation +€1,185
up €1,185 (+23.6%), from €5,019 to €6,204
- Other operating charges -€565
down €565 (-19.2%), from €2,939 to €2,374
- Financial charges -€560
down €560 (-15.0%), from €3,724 to €3,164
- Financial income +€213
up €213 (+37.0%), from €574 to €786
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 | €108,569 | €106,187 | -€2,381 | -2.2% |
| Fixed assets | 21/28 | €69,657 | €67,045 | -€2,612 | -3.7% |
| Tangible fixed assets | 22/27 | €68,286 | €65,674 | -€2,612 | -3.8% |
| Land and buildings | 22 | €68,286 | €62,735 | -€5,551 | -8.1% |
| Furniture and vehicles | 24 | - | €2,939 | +€2,939 | |
| Financial fixed assets | 28 | €1,372 | €1,372 | = | 0.0% |
| Current assets | 29/58 | €38,911 | €39,142 | +€231 | +0.6% |
| Stocks and contracts in progress | 3 | €19,343 | €20,222 | +€879 | +4.5% |
| Stocks | 30/36 | €19,343 | €20,222 | +€879 | +4.5% |
| Amounts receivable within one year | 40/41 | €16,161 | €16,376 | +€215 | +1.3% |
| Trade receivables | 40 | €684 | €4,813 | +€4,129 | +603% |
| Other amounts receivable | 41 | €15,476 | €11,562 | -€3,914 | -25.3% |
| Cash at bank and in hand | 54/58 | €1,127 | €2,006 | +€879 | +77.9% |
| Deferred charges and accrued income | 490/1 | €2,280 | €539 | -€1,742 | -76.4% |
| Total equity and liabilities | 10/49 | €108,569 | €106,187 | -€2,381 | -2.2% |
| Equity | 10/15 | €54,579 | €60,754 | +€6,174 | +11.3% |
| Contributions | 10/11 | €35,848 | €35,848 | = | 0.0% |
| Reserves | 13 | €37,907 | €37,907 | = | 0.0% |
| Distributable reserves | 133 | €37,907 | €37,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,176 | -€13,001 | +€6,174 | +32.2% |
| Amounts payable | 17/49 | €53,989 | €45,434 | -€8,556 | -15.8% |
| Amounts payable after more than one year | 17 | €22,163 | €15,824 | -€6,339 | -28.6% |
| Financial debts | 170/4 | €22,163 | €15,824 | -€6,339 | -28.6% |
| Amounts payable within one year | 42/48 | €31,826 | €29,322 | -€2,504 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €6,088 | €6,339 | +€251 | +4.1% |
| Financial debts | 43 | €9,942 | €9,423 | -€519 | -5.2% |
| Credit institutions | 430/8 | €9,942 | €9,423 | -€519 | -5.2% |
| Trade debts | 44 | €11,253 | €11,533 | +€280 | +2.5% |
| Suppliers | 440/4 | €11,253 | €11,533 | +€280 | +2.5% |
| Taxes, remuneration and social security | 45 | €4,544 | €2,028 | -€2,516 | -55.4% |
| Taxes | 450/3 | €4,544 | €2,028 | -€2,516 | -55.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €287 | +€287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,019 | €6,204 | +€1,185 | +23.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,939 | €2,374 | -€565 | -19.2% |
| Gross operating margin | 9900 | -€8,068 | €17,130 | +€25,197 | |
| Operating profit (loss) | 9901 | -€16,026 | €8,552 | +€24,577 | |
| Financial income | 75/76B | €574 | €786 | +€213 | +37.0% |
| Recurring financial income | 75 | €574 | €786 | +€213 | +37.0% |
| Financial charges | 65/66B | €3,724 | €3,164 | -€560 | -15.0% |
| Recurring financial charges | 65 | €3,724 | €3,164 | -€560 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,176 | €6,174 | +€25,350 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€19,176 | €6,174 | +€25,350 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,176 | €6,174 | +€25,350 |
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 25 October 2026 via checked.be.