OLKON: 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.
OLKON
Largest movements
- Receivables within one year -€35,135
down €35,135 (-29.7%), from €118,169 to €83,033
of which Trade receivables: -€72,207
- Receivables after one year -€14,003
down €14,003 (-7.1%), from €197,542 to €183,539
- Cash +€7,131
new in 2025: €7,131
mainly Receivables within one year (+€35,135) and Receivables after one year (+€14,003)
- Stocks and contracts -€6,432
no longer reported in 2025 (was €6,432)
of which Contracts in progress: -€4,109
- Tangible fixed assets -€3,799
down €3,799 (-38.7%), from €9,827 to €6,028
of which Furniture and vehicles: -€3,311
- Short-term financial debts -€23,076
no longer reported in 2025 (was €23,076)
- Tax, wage and social debts -€19,914
down €19,914 (-68.1%), from €29,261 to €9,348
of which Taxes: -€22,038
- Reserves -€6,668
down €6,668 (-4.3%), from €156,020 to €149,352
of which Distributable reserves: -€6,668
- Gross operating margin -€3,730
down €3,730 (-6.5%), from €57,122 to €53,393
- Staff costs -€2,920
down €2,920 (-5.2%), from €55,832 to €52,912
- Financial income -€2,238
down €2,238 (-24.9%), from €9,003 to €6,765
of which Non-recurring financial income: -€1,795
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 | €339,149 | €285,316 | -€53,833 | -15.9% |
| Fixed assets | 21/28 | €11,627 | €7,828 | -€3,799 | -32.7% |
| Tangible fixed assets | 22/27 | €9,827 | €6,028 | -€3,799 | -38.7% |
| Plant, machinery and equipment | 23 | €831 | €343 | -€488 | -58.7% |
| Furniture and vehicles | 24 | €8,996 | €5,685 | -€3,311 | -36.8% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €327,522 | €277,488 | -€50,034 | -15.3% |
| Amounts receivable after more than one year | 29 | €197,542 | €183,539 | -€14,003 | -7.1% |
| Other amounts receivable | 291 | €197,542 | €183,539 | -€14,003 | -7.1% |
| Stocks and contracts in progress | 3 | €6,432 | - | -€6,432 | |
| Stocks | 30/36 | €2,323 | - | -€2,323 | |
| Contracts in progress | 37 | €4,109 | - | -€4,109 | |
| Amounts receivable within one year | 40/41 | €118,169 | €83,033 | -€35,135 | -29.7% |
| Trade receivables | 40 | €79,021 | €6,814 | -€72,207 | -91.4% |
| Other amounts receivable | 41 | €39,148 | €76,220 | +€37,071 | +94.7% |
| Cash at bank and in hand | 54/58 | - | €7,131 | +€7,131 | |
| Deferred charges and accrued income | 490/1 | €5,378 | €3,784 | -€1,594 | -29.6% |
| Total equity and liabilities | 10/49 | €339,149 | €285,316 | -€53,833 | -15.9% |
| Equity | 10/15 | €174,570 | €167,902 | -€6,668 | -3.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €156,020 | €149,352 | -€6,668 | -4.3% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €154,165 | €147,497 | -€6,668 | -4.3% |
| Amounts payable | 17/49 | €164,579 | €117,414 | -€47,165 | -28.7% |
| Amounts payable after more than one year | 17 | €5,871 | €2,680 | -€3,190 | -54.3% |
| Financial debts | 170/4 | €5,871 | €2,680 | -€3,190 | -54.3% |
| Amounts payable within one year | 42/48 | €158,708 | €114,733 | -€43,974 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €3,162 | €3,190 | +€28 | +0.9% |
| Financial debts | 43 | €23,076 | - | -€23,076 | |
| Credit institutions | 430/8 | €23,076 | - | -€23,076 | |
| Trade debts | 44 | €103,208 | €101,678 | -€1,530 | -1.5% |
| Suppliers | 440/4 | €103,208 | €101,678 | -€1,530 | -1.5% |
| Advances received on contracts in progress | 46 | - | €517 | +€517 | |
| Taxes, remuneration and social security | 45 | €29,261 | €9,348 | -€19,914 | -68.1% |
| Taxes | 450/3 | €24,253 | €2,216 | -€22,038 | -90.9% |
| Remuneration and social security | 454/9 | €5,008 | €7,132 | +€2,124 | +42.4% |
| Remuneration, social security and pensions | 62 | €55,832 | €52,912 | -€2,920 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,965 | €3,799 | -€166 | -4.2% |
| Other operating charges | 640/8 | €999 | €1,417 | +€418 | +41.9% |
| Gross operating margin | 9900 | €57,122 | €53,393 | -€3,730 | -6.5% |
| Operating profit (loss) | 9901 | -€3,674 | -€4,735 | -€1,062 | -28.9% |
| Financial income | 75/76B | €9,003 | €6,765 | -€2,238 | -24.9% |
| Recurring financial income | 75 | €7,208 | €6,765 | -€443 | -6.2% |
| Non-recurring financial income | 76B | €1,795 | - | -€1,795 | |
| Financial charges | 65/66B | €7,566 | €7,854 | +€288 | +3.8% |
| Recurring financial charges | 65 | €7,566 | €7,854 | +€288 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,237 | -€5,824 | -€3,587 | -160% |
| Income taxes | 67/77 | €1,142 | €844 | -€298 | -26.1% |
| Profit (loss) for the period | 9904 | -€3,379 | -€6,668 | -€3,289 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,379 | -€6,668 | -€3,289 | -97.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.