OLMABE: 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.
OLMABE
Largest movements
- Tangible fixed assets -€28,636
down €28,636 (-6.6%), from €437,091 to €408,455
of which Land and buildings: -€27,855
- Cash +€7,327
up €7,327 (+93.9%), from €7,804 to €15,131
mainly Depreciation (+€28,636) and Net result for the year (+€25,538)
- Current portion of long-term debt -€55,239
no longer reported in 2025 (was €55,239)
- Reserves +€25,538
up €25,538 (+14.2%), from €179,258 to €204,796
- Financial charges -€1,903
down €1,903 (-24.7%), from €7,716 to €5,812
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 | €453,553 | €427,157 | -€26,395 | -5.8% |
| Fixed assets | 21/28 | €437,091 | €408,455 | -€28,636 | -6.6% |
| Tangible fixed assets | 22/27 | €437,091 | €408,455 | -€28,636 | -6.6% |
| Land and buildings | 22 | €432,406 | €404,551 | -€27,855 | -6.4% |
| Furniture and vehicles | 24 | €4,686 | €3,904 | -€781 | -16.7% |
| Current assets | 29/58 | €16,461 | €18,702 | +€2,241 | +13.6% |
| Amounts receivable within one year | 40/41 | €8,060 | €3,571 | -€4,489 | -55.7% |
| Trade receivables | 40 | €8,060 | €3,571 | -€4,489 | -55.7% |
| Cash at bank and in hand | 54/58 | €7,804 | €15,131 | +€7,327 | +93.9% |
| Deferred charges and accrued income | 490/1 | €597 | - | -€597 | |
| Total equity and liabilities | 10/49 | €453,553 | €427,157 | -€26,395 | -5.8% |
| Equity | 10/15 | €259,258 | €284,796 | +€25,538 | +9.9% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €179,258 | €204,796 | +€25,538 | +14.2% |
| Distributable reserves | 133 | €179,258 | €204,796 | +€25,538 | +14.2% |
| Amounts payable | 17/49 | €194,295 | €142,362 | -€51,934 | -26.7% |
| Amounts payable within one year | 42/48 | €187,734 | €135,719 | -€52,015 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €55,239 | - | -€55,239 | |
| Trade debts | 44 | €694 | €725 | +€31 | +4.5% |
| Suppliers | 440/4 | €694 | €725 | +€31 | +4.5% |
| Other amounts payable | 47/48 | €131,801 | €134,994 | +€3,193 | +2.4% |
| Accrued charges and deferred income | 492/3 | €6,561 | €6,642 | +€81 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,714 | €28,636 | -€78 | -0.3% |
| Other operating charges | 640/8 | €7,852 | €8,098 | +€246 | +3.1% |
| Gross operating margin | 9900 | €68,020 | €68,085 | +€65 | +0.1% |
| Operating profit (loss) | 9901 | €31,453 | €31,351 | -€102 | -0.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,716 | €5,812 | -€1,903 | -24.7% |
| Recurring financial charges | 65 | €7,716 | €5,812 | -€1,903 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €23,737 | €25,538 | +€1,801 | +7.6% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €23,737 | €25,538 | +€1,801 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,737 | €25,538 | +€1,801 | +7.6% |
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 1 October 2026 via checked.be.