OLMEDO: 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.
OLMEDO
Largest movements
- Stocks and contracts +€8,500
new in 2023: €8,500
- Receivables within one year -€3,096
down €3,096 (-15.0%), from €20,629 to €17,533
of which Trade receivables: -€4,046
- Deferred charges and accrued income +€1,223
new in 2023: €1,223
- Trade debts +€10,338
up €10,338 (+571%), from €1,810 to €12,147
- Profit (loss) carried forward -€4,079
down €4,079 (-46.6%), from €8,754 to €4,675
- Tax, wage and social debts +€2,252
up €2,252 (+101%), from €2,223 to €4,475
- Other debts -€1,903
down €1,903 (-66.9%), from €2,846 to €942
- Gross operating margin -€15,324
down €15,324, from €12,946 to -€2,378
- Taxes -€2,223
no longer reported in 2023 (was €2,223)
- Financial charges +€1,223
up €1,223 (+234%), from €523 to €1,746
- Depreciation -€1,094
no longer reported in 2023 (was €1,094)
- Other operating charges -€354
no longer reported in 2023 (was €354)
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,632 | €27,256 | +€6,624 | +32.1% |
| Current assets | 29/58 | €20,632 | €27,256 | +€6,624 | +32.1% |
| Stocks and contracts in progress | 3 | - | €8,500 | +€8,500 | |
| Stocks | 30/36 | - | €8,500 | +€8,500 | |
| Amounts receivable within one year | 40/41 | €20,629 | €17,533 | -€3,096 | -15.0% |
| Trade receivables | 40 | €14,359 | €10,313 | -€4,046 | -28.2% |
| Other amounts receivable | 41 | €6,270 | €7,220 | +€950 | +15.2% |
| Cash at bank and in hand | 54/58 | €3 | - | -€3 | |
| Deferred charges and accrued income | 490/1 | - | €1,223 | +€1,223 | |
| Total equity and liabilities | 10/49 | €20,632 | €27,256 | +€6,624 | +32.1% |
| Equity | 10/15 | €13,754 | €9,675 | -€4,079 | -29.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,754 | €4,675 | -€4,079 | -46.6% |
| Amounts payable | 17/49 | €6,879 | €17,581 | +€10,702 | +156% |
| Amounts payable within one year | 42/48 | €6,879 | €17,581 | +€10,702 | +156% |
| Financial debts | 43 | - | €16 | +€16 | |
| Credit institutions | 430/8 | - | €16 | +€16 | |
| Trade debts | 44 | €1,810 | €12,147 | +€10,338 | +571% |
| Suppliers | 440/4 | €1,810 | €12,147 | +€10,338 | +571% |
| Taxes, remuneration and social security | 45 | €2,223 | €4,475 | +€2,252 | +101% |
| Taxes | 450/3 | €2,223 | €4,475 | +€2,252 | +101% |
| Other amounts payable | 47/48 | €2,846 | €942 | -€1,903 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,094 | - | -€1,094 | |
| Other operating charges | 640/8 | €354 | - | -€354 | |
| Gross operating margin | 9900 | €12,946 | -€2,378 | -€15,324 | |
| Operating profit (loss) | 9901 | €11,499 | -€2,378 | -€13,877 | |
| Financial income | 75/76B | €1 | €45 | +€44 | +6,235% |
| Recurring financial income | 75 | €1 | €45 | +€44 | +6,235% |
| Financial charges | 65/66B | €523 | €1,746 | +€1,223 | +234% |
| Recurring financial charges | 65 | €523 | €1,746 | +€1,223 | +234% |
| Profit (loss) for the period before taxes | 9903 | €10,977 | -€4,079 | -€15,055 | |
| Income taxes | 67/77 | €2,223 | - | -€2,223 | |
| Profit (loss) for the period | 9904 | €8,754 | -€4,079 | -€12,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,754 | -€4,079 | -€12,832 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.