OLMATECH: 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.
OLMATECH
Largest movements
- Receivables within one year +€363,284
up €363,284 (+164.8%), from €220,444 to €583,728
of which Other amounts receivable: +€393,693
- Cash +€18,379
up €18,379 (+78.5%), from €23,420 to €41,799
mainly Advances received (+€187,679) and Trade debts (+€148,868)
- Advances received +€187,679
new in 2025: €187,679
- Trade debts +€148,868
up €148,868 (+100.5%), from €148,128 to €296,996
- Reserves +€31,310
up €31,310 (+61.4%), from €50,957 to €82,267
of which Distributable reserves: +€31,310
- Tax, wage and social debts +€18,695
up €18,695 (+46.4%), from €40,269 to €58,964
of which Taxes: +€10,758
- Gross operating margin +€108,333
up €108,333 (+83.6%), from €129,568 to €237,902
- Staff costs +€95,555
up €95,555 (+97.4%), from €98,100 to €193,655
- Taxes +€2,581
up €2,581 (+27.2%), from €9,500 to €12,080
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 | €258,306 | €644,857 | +€386,552 | +149.6% |
| Fixed assets | 21/28 | €6,219 | €8,489 | +€2,270 | +36.5% |
| Intangible fixed assets | 21 | €769 | €289 | -€480 | -62.4% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €5,450 | €8,200 | +€2,750 | +50.5% |
| Current assets | 29/58 | €252,086 | €636,368 | +€384,282 | +152.4% |
| Stocks and contracts in progress | 3 | €2,797 | €5,440 | +€2,643 | +94.5% |
| Stocks | 30/36 | €2,797 | €5,440 | +€2,643 | +94.5% |
| Amounts receivable within one year | 40/41 | €220,444 | €583,728 | +€363,284 | +164.8% |
| Trade receivables | 40 | €206,903 | €176,494 | -€30,409 | -14.7% |
| Other amounts receivable | 41 | €13,541 | €407,234 | +€393,693 | +2907.3% |
| Cash at bank and in hand | 54/58 | €23,420 | €41,799 | +€18,379 | +78.5% |
| Deferred charges and accrued income | 490/1 | €5,424 | €5,401 | -€23 | -0.4% |
| Total equity and liabilities | 10/49 | €258,306 | €644,857 | +€386,552 | +149.6% |
| Equity | 10/15 | €69,557 | €100,867 | +€31,310 | +45.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,957 | €82,267 | +€31,310 | +61.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,097 | €80,407 | +€31,310 | +63.8% |
| Amounts payable | 17/49 | €188,748 | €543,990 | +€355,242 | +188.2% |
| Amounts payable within one year | 42/48 | €188,748 | €543,990 | +€355,242 | +188.2% |
| Trade debts | 44 | €148,128 | €296,996 | +€148,868 | +100.5% |
| Suppliers | 440/4 | €148,128 | €296,996 | +€148,868 | +100.5% |
| Advances received on contracts in progress | 46 | - | €187,679 | +€187,679 | |
| Taxes, remuneration and social security | 45 | €40,269 | €58,964 | +€18,695 | +46.4% |
| Taxes | 450/3 | €16,948 | €27,706 | +€10,758 | +63.5% |
| Remuneration and social security | 454/9 | €23,321 | €31,258 | +€7,937 | +34.0% |
| Other amounts payable | 47/48 | €351 | €351 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €98,100 | €193,655 | +€95,555 | +97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €673 | €480 | -€193 | -28.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €129,568 | €237,902 | +€108,333 | +83.6% |
| Operating profit (loss) | 9901 | €30,407 | €43,366 | +€12,959 | +42.6% |
| Financial income | 75/76B | €90 | €72 | -€19 | -20.8% |
| Recurring financial income | 75 | €90 | €72 | -€19 | -20.8% |
| Financial charges | 65/66B | €50 | €48 | -€2 | -4.8% |
| Recurring financial charges | 65 | €50 | €48 | -€2 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €30,447 | €43,390 | +€12,943 | +42.5% |
| Income taxes | 67/77 | €9,500 | €12,080 | +€2,581 | +27.2% |
| Profit (loss) for the period | 9904 | €20,948 | €31,310 | +€10,362 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,948 | €31,310 | +€10,362 | +49.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.