Ollinvest: what changed
What changed
Ollinvest
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€443,141
2024 · €671,032-€227,891
Equity
€198,141
2024 · €863,082-€664,941
Cash
€27,643
2024 · €30,774-€3,132
Balance sheet total
€1.6m
2024 · €1.3m+€297,269
Largest movements
Assets
- Receivables within one year +€209,964
up €209,964 (+90.8%), from €231,358 to €441,322
of which Other amounts receivable: +€197,728
- Tangible fixed assets +€90,473
up €90,473 (+2,817%), from €3,212 to €93,685
of which Furniture and vehicles: +€90,684
Equity and liabilities
- Other debts +€922,555
up €922,555 (+1,064%), from €86,721 to €1.0m
- Reserves -€664,941
down €664,941 (-96.6%), from €688,082 to €23,141
- Current portion of long-term debt +€25,044
up €25,044 (+41.7%), from €60,038 to €85,083
Income statement
- Gross operating margin -€289,384
down €289,384 (-32.3%), from €897,075 to €607,690
- Taxes -€75,491
down €75,491 (-34.5%), from €218,739 to €143,248
- Depreciation +€20,398
up €20,398 (+7,315%), from €279 to €20,677
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.
Result 2024
€671,032
Gross operating margin
-€289,384
Depreciation
-€20,398
Other operating charges
-€570
Other operating items
+€58
Financial income
+€4,532
Financial charges
+€2,382
Taxes
+€75,491
Result 2025
€443,141
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.2m
Investment
-€111,150
Financing
-€1.1m
Cash 2024
€30,774
From operations (derived)
+€1.2m
Net result for the year
+€443,141
Depreciation
+€20,677
Receivables within one year
-€209,964
Smaller working-capital items
-€1,044
Other debts
+€922,555
Investment (derived)
-€111,150
Investment in fixed assets (net)
-€111,150
Financing
-€1.1m
Debts after one year
+€15,692
Current portion of long-term debt
+€25,044
Contributions, distributions and other
-€1.1m
Cash 2025
€27,643
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,308,784 | €1,606,053 | +€297,269 | +22.7% |
| Fixed assets | 21/28 | €1,045,609 | €1,136,083 | +€90,473 | +8.7% |
| Tangible fixed assets | 22/27 | €3,212 | €93,685 | +€90,473 | +2,817% |
| Land and buildings | 22 | €2,522 | €2,407 | -€116 | -4.6% |
| Plant, machinery and equipment | 23 | €689 | €594 | -€95 | -13.8% |
| Furniture and vehicles | 24 | €0 | €90,684 | +€90,684 | |
| Financial fixed assets | 28 | €1,042,397 | €1,042,397 | = | 0.0% |
| Current assets | 29/58 | €263,175 | €469,970 | +€206,795 | +78.6% |
| Amounts receivable within one year | 40/41 | €231,358 | €441,322 | +€209,964 | +90.8% |
| Trade receivables | 40 | €650 | €12,887 | +€12,237 | +1,883% |
| Other amounts receivable | 41 | €230,708 | €428,436 | +€197,728 | +85.7% |
| Cash at bank and in hand | 54/58 | €30,774 | €27,643 | -€3,132 | -10.2% |
| Deferred charges and accrued income | 490/1 | €1,042 | €1,005 | -€37 | -3.6% |
| Total equity and liabilities | 10/49 | €1,308,784 | €1,606,053 | +€297,269 | +22.7% |
| Equity | 10/15 | €863,082 | €198,141 | -€664,941 | -77.0% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €688,082 | €23,141 | -€664,941 | -96.6% |
| Distributable reserves | 133 | €688,082 | €23,141 | -€664,941 | -96.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €445,702 | €1,407,912 | +€962,210 | +216% |
| Amounts payable after more than one year | 17 | €278,240 | €293,932 | +€15,692 | +5.6% |
| Financial debts | 170/4 | €278,240 | €293,932 | +€15,692 | +5.6% |
| Amounts payable within one year | 42/48 | €166,911 | €1,113,290 | +€946,379 | +567% |
| Current portion of amounts payable after more than one year | 42 | €60,038 | €85,083 | +€25,044 | +41.7% |
| Trade debts | 44 | €1,625 | €584 | -€1,041 | -64.1% |
| Suppliers | 440/4 | €1,625 | €584 | -€1,041 | -64.1% |
| Advances received on contracts in progress | 46 | €787 | €0 | -€787 | -100% |
| Taxes, remuneration and social security | 45 | €17,740 | €18,347 | +€607 | +3.4% |
| Taxes | 450/3 | €15,638 | €16,551 | +€912 | +5.8% |
| Remuneration and social security | 454/9 | €2,102 | €1,797 | -€305 | -14.5% |
| Other amounts payable | 47/48 | €86,721 | €1,009,276 | +€922,555 | +1,064% |
| Accrued charges and deferred income | 492/3 | €551 | €690 | +€139 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279 | €20,677 | +€20,398 | +7,315% |
| Other operating charges | 640/8 | €1,108 | €1,679 | +€570 | +51.5% |
| Non-recurring operating charges | 66A | €121 | €63 | -€58 | -47.6% |
| Gross operating margin | 9900 | €897,075 | €607,690 | -€289,384 | -32.3% |
| Operating profit (loss) | 9901 | €895,567 | €585,271 | -€310,295 | -34.6% |
| Financial income | 75/76B | €6,942 | €11,473 | +€4,532 | +65.3% |
| Recurring financial income | 75 | €6,942 | €11,473 | +€4,532 | +65.3% |
| Financial charges | 65/66B | €12,737 | €10,355 | -€2,382 | -18.7% |
| Recurring financial charges | 65 | €12,737 | €10,355 | -€2,382 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €889,771 | €586,390 | -€303,381 | -34.1% |
| Income taxes | 67/77 | €218,739 | €143,248 | -€75,491 | -34.5% |
| Profit (loss) for the period | 9904 | €671,032 | €443,141 | -€227,891 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €671,032 | €443,141 | -€227,891 | -34.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.