OLLINI: what changed
OLLINI
Largest movements
- Stocks and contracts +€223,836
new in 2025: €223,836
- Tangible fixed assets -€40,476
down €40,476 (-18.7%), from €216,509 to €176,033
of which Land and buildings: -€39,408
- Cash -€17,894
down €17,894 (-35.8%), from €49,939 to €32,045
mainly Stocks and contracts (-€223,836) and Debts after one year (-€37,273)
- Receivables within one year -€7,797
down €7,797 (-86.0%), from €9,064 to €1,267
of which Trade receivables: -€7,937
- Other debts +€170,000
new in 2025: €170,000
- Trade debts +€56,929
up €56,929 (+2,613%), from €2,178 to €59,108
- Debts after one year -€37,273
down €37,273 (-80.4%), from €46,388 to €9,115
- Profit (loss) carried forward -€33,078
down €33,078 (-50.5%), from -€65,497 to -€98,576
- Turnover -€26,126
no longer reported in 2025 (was €26,126)
- Purchases and services -€17,178
no longer reported in 2025 (was €17,178)
- Gross operating margin -€11,794
down €11,794, from €8,948 to -€2,846
- Taxes +€3,068
up €3,068 (+445%), from €690 to €3,758
- Depreciation -€1,492
down €1,492 (-5.9%), from €25,454 to €23,962
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €275,512 | €433,181 | +€157,669 | +57.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €216,509 | €176,033 | -€40,476 | -18.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €216,509 | €176,033 | -€40,476 | -18.7% |
| Land and buildings | 22 | €214,833 | €175,426 | -€39,408 | -18.3% |
| Plant, machinery and equipment | 23 | €344 | - | -€344 | |
| Furniture and vehicles | 24 | €1,332 | €607 | -€725 | -54.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | 0.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €59,003 | €257,148 | +€198,145 | +336% |
| Stocks and contracts in progress | 3 | - | €223,836 | +€223,836 | |
| Stocks | 30/36 | - | €223,836 | +€223,836 | |
| Amounts receivable within one year | 40/41 | €9,064 | €1,267 | -€7,797 | -86.0% |
| Trade receivables | 40 | €9,036 | €1,099 | -€7,937 | -87.8% |
| Other amounts receivable | 41 | €28 | €167 | +€140 | +499% |
| Cash at bank and in hand | 54/58 | €49,939 | €32,045 | -€17,894 | -35.8% |
| Total equity and liabilities | 10/49 | €275,512 | €433,181 | +€157,669 | +57.2% |
| Equity | 10/15 | €226,214 | €193,136 | -€33,078 | -14.6% |
| Contributions | 10/11 | €266,000 | €266,000 | = | 0.0% |
| Reserves | 13 | €25,711 | €25,711 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €25,711 | €25,711 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,497 | -€98,576 | -€33,078 | -50.5% |
| Amounts payable | 17/49 | €49,298 | €240,045 | +€190,747 | +387% |
| Amounts payable after more than one year | 17 | €46,388 | €9,115 | -€37,273 | -80.4% |
| Other amounts payable | 178/9 | €46,388 | €9,115 | -€37,273 | -80.4% |
| Amounts payable within one year | 42/48 | €2,910 | €230,930 | +€228,020 | +7,836% |
| Trade debts | 44 | €2,178 | €59,108 | +€56,929 | +2,613% |
| Suppliers | 440/4 | €2,178 | €59,108 | +€56,929 | +2,613% |
| Taxes, remuneration and social security | 45 | €732 | €1,822 | +€1,091 | +149% |
| Taxes | 450/3 | €732 | €1,822 | +€1,091 | +149% |
| Other amounts payable | 47/48 | - | €170,000 | +€170,000 | |
| Turnover | 70 | €26,126 | - | -€26,126 | |
| Goods, raw materials, services and sundry goods | 60/61 | €17,178 | - | -€17,178 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,454 | €23,962 | -€1,492 | -5.9% |
| Other operating charges | 640/8 | €1,413 | €1,581 | +€169 | +11.9% |
| Non-recurring operating charges | 66A | €829 | €642 | -€187 | -22.5% |
| Gross operating margin | 9900 | €8,948 | -€2,846 | -€11,794 | |
| Operating profit (loss) | 9901 | -€18,747 | -€29,031 | -€10,283 | -54.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €976 | €290 | -€687 | -70.3% |
| Recurring financial charges | 65 | €210 | €240 | +€30 | +14.3% |
| Non-recurring financial charges | 66B | €767 | €50 | -€717 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,724 | -€29,320 | -€9,596 | -48.7% |
| Income taxes | 67/77 | €690 | €3,758 | +€3,068 | +445% |
| Profit (loss) for the period | 9904 | -€20,413 | -€33,078 | -€12,665 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,413 | -€33,078 | -€12,665 | -62.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.