OLLIVE: 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.
OLLIVE
Largest movements
- Stocks and contracts +€24,140
up €24,140 (+42.4%), from €56,951 to €81,091
- Tangible fixed assets -€15,986
down €15,986 (-4.2%), from €379,842 to €363,856
of which Plant, machinery and equipment: -€8,435
- Cash +€10,030
up €10,030 (+16.6%), from €60,381 to €70,411
mainly Net result for the year (+€27,360) and Depreciation (+€15,986)
- Reserves +€23,360
up €23,360 (+25.8%), from €90,621 to €113,981
of which Distributable reserves: +€23,360
- Tax, wage and social debts +€7,644
up €7,644 (+151.3%), from €5,054 to €12,698
of which Taxes: +€7,329
- Trade debts -€6,561
down €6,561 (-17.2%), from €38,086 to €31,525
- Debts after one year -€6,022
down €6,022 (-1.9%), from €312,733 to €306,711
of which Financial debts: -€22,362
- Gross operating margin +€13,156
up €13,156 (+20.7%), from €63,546 to €76,701
- Taxes +€6,572
up €6,572 (+83.3%), from €7,891 to €14,462
- Depreciation +€1,226
up €1,226 (+8.3%), from €14,761 to €15,986
- Other operating charges -€1,007
down €1,007 (-24.5%), from €4,118 to €3,111
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 | €510,295 | €526,859 | +€16,565 | +3.2% |
| Fixed assets | 21/28 | €386,290 | €370,304 | -€15,986 | -4.1% |
| Tangible fixed assets | 22/27 | €379,842 | €363,856 | -€15,986 | -4.2% |
| Land and buildings | 22 | €349,866 | €342,752 | -€7,114 | -2.0% |
| Plant, machinery and equipment | 23 | €29,264 | €20,830 | -€8,435 | -28.8% |
| Furniture and vehicles | 24 | €713 | €275 | -€438 | -61.4% |
| Financial fixed assets | 28 | €6,448 | €6,448 | = | 0.0% |
| Current assets | 29/58 | €124,004 | €156,555 | +€32,551 | +26.2% |
| Stocks and contracts in progress | 3 | €56,951 | €81,091 | +€24,140 | +42.4% |
| Stocks | 30/36 | €56,951 | €81,091 | +€24,140 | +42.4% |
| Amounts receivable within one year | 40/41 | €4,323 | €3,911 | -€413 | -9.5% |
| Trade receivables | 40 | €3,861 | €3,911 | +€50 | +1.3% |
| Other amounts receivable | 41 | €463 | - | -€463 | |
| Cash at bank and in hand | 54/58 | €60,381 | €70,411 | +€10,030 | +16.6% |
| Deferred charges and accrued income | 490/1 | €2,348 | €1,143 | -€1,206 | -51.3% |
| Total equity and liabilities | 10/49 | €510,295 | €526,859 | +€16,565 | +3.2% |
| Equity | 10/15 | €121,607 | €144,968 | +€23,360 | +19.2% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €90,621 | €113,981 | +€23,360 | +25.8% |
| Tax-exempt reserves | 132 | €90 | €90 | = | 0.0% |
| Distributable reserves | 133 | €90,530 | €113,890 | +€23,360 | +25.8% |
| Amounts payable | 17/49 | €388,687 | €381,892 | -€6,795 | -1.7% |
| Amounts payable after more than one year | 17 | €312,733 | €306,711 | -€6,022 | -1.9% |
| Financial debts | 170/4 | €279,799 | €257,438 | -€22,362 | -8.0% |
| Other amounts payable | 178/9 | €32,933 | €49,273 | +€16,340 | +49.6% |
| Amounts payable within one year | 42/48 | €73,426 | €72,271 | -€1,155 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €24,595 | €22,362 | -€2,233 | -9.1% |
| Financial debts | 43 | €1,691 | €1,686 | -€5 | -0.3% |
| Credit institutions | 430/8 | €1,691 | €1,686 | -€5 | -0.3% |
| Trade debts | 44 | €38,086 | €31,525 | -€6,561 | -17.2% |
| Suppliers | 440/4 | €38,086 | €31,525 | -€6,561 | -17.2% |
| Taxes, remuneration and social security | 45 | €5,054 | €12,698 | +€7,644 | +151.3% |
| Taxes | 450/3 | €5,054 | €12,383 | +€7,329 | +145.0% |
| Remuneration and social security | 454/9 | - | €315 | +€315 | |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,529 | €2,910 | +€381 | +15.1% |
| Non-recurring operating income | 76A | - | €207 | +€207 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,761 | €15,986 | +€1,226 | +8.3% |
| Other operating charges | 640/8 | €4,118 | €3,111 | -€1,007 | -24.5% |
| Gross operating margin | 9900 | €63,546 | €76,701 | +€13,156 | +20.7% |
| Operating profit (loss) | 9901 | €44,667 | €57,604 | +€12,937 | +29.0% |
| Financial income | 75/76B | €51 | €170 | +€120 | +235.7% |
| Recurring financial income | 75 | €51 | €170 | +€120 | +235.7% |
| Financial charges | 65/66B | €15,806 | €15,952 | +€146 | +0.9% |
| Recurring financial charges | 65 | €15,806 | €15,952 | +€146 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €28,911 | €41,823 | +€12,912 | +44.7% |
| Income taxes | 67/77 | €7,891 | €14,462 | +€6,572 | +83.3% |
| Profit (loss) for the period | 9904 | €21,020 | €27,360 | +€6,340 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,020 | €27,360 | +€6,340 | +30.2% |
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 7 October 2026 via checked.be.