OLNIX: 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.
OLNIX
Largest movements
- Receivables within one year -€68,910
down €68,910 (-53.5%), from €128,790 to €59,880
of which Trade receivables: -€60,073
- Cash +€44,631
up €44,631 (+19.7%), from €226,222 to €270,853
mainly Receivables within one year (+€68,910) and Net result for the year (+€51,672)
- Tangible fixed assets -€7,421
down €7,421 (-36.3%), from €20,450 to €13,029
of which Furniture and vehicles: -€5,989
- Other debts +€47,425
up €47,425 (+179.0%), from €26,500 to €73,925
- Trade debts -€37,885
down €37,885 (-42.9%), from €88,261 to €50,377
- Tax, wage and social debts -€16,094
down €16,094 (-27.6%), from €58,268 to €42,173
of which Taxes: -€8,217
- Advances received -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Reserves -€6,578
down €6,578 (-5.3%), from €124,813 to €118,236
of which Distributable reserves: -€6,578
- Staff costs -€68,875
down €68,875 (-64.8%), from €106,258 to €37,383
- Gross operating margin -€23,899
down €23,899 (-15.5%), from €154,459 to €130,560
- Taxes +€18,241
up €18,241 (+264.6%), from €6,895 to €25,136
- Depreciation -€10,523
down €10,523 (-46.0%), from €22,851 to €12,328
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,550 | €351,664 | -€33,887 | -8.8% |
| Fixed assets | 21/28 | €20,450 | €13,029 | -€7,421 | -36.3% |
| Tangible fixed assets | 22/27 | €20,450 | €13,029 | -€7,421 | -36.3% |
| Land and buildings | 22 | €6,619 | €5,187 | -€1,432 | -21.6% |
| Furniture and vehicles | 24 | €13,831 | €7,842 | -€5,989 | -43.3% |
| Current assets | 29/58 | €365,101 | €338,635 | -€26,466 | -7.2% |
| Amounts receivable within one year | 40/41 | €128,790 | €59,880 | -€68,910 | -53.5% |
| Trade receivables | 40 | €105,564 | €45,491 | -€60,073 | -56.9% |
| Other amounts receivable | 41 | €23,226 | €14,389 | -€8,837 | -38.0% |
| Cash at bank and in hand | 54/58 | €226,222 | €270,853 | +€44,631 | +19.7% |
| Deferred charges and accrued income | 490/1 | €10,089 | €7,902 | -€2,187 | -21.7% |
| Total equity and liabilities | 10/49 | €385,550 | €351,664 | -€33,887 | -8.8% |
| Equity | 10/15 | €190,141 | €183,564 | -€6,578 | -3.5% |
| Contributions | 10/11 | €61,950 | €61,950 | = | 0.0% |
| Capital | 10 | €61,950 | €61,950 | = | 0.0% |
| Issued capital | 100 | €61,950 | €61,950 | = | 0.0% |
| Reserves | 13 | €124,813 | €118,236 | -€6,578 | -5.3% |
| Non-distributable reserves | 130/1 | €9,249 | €9,249 | = | 0.0% |
| Legal reserve | 130 | €9,249 | €9,249 | = | 0.0% |
| Distributable reserves | 133 | €115,564 | €108,987 | -€6,578 | -5.7% |
| Profit (loss) carried forward | 14 | €3,378 | €3,378 | = | 0.0% |
| Amounts payable | 17/49 | €195,409 | €168,100 | -€27,309 | -14.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €194,193 | €166,475 | -€27,718 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €6,164 | €0 | -€6,164 | -100.0% |
| Trade debts | 44 | €88,261 | €50,377 | -€37,885 | -42.9% |
| Suppliers | 440/4 | €88,261 | €50,377 | -€37,885 | -42.9% |
| Advances received on contracts in progress | 46 | €15,000 | €0 | -€15,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €58,268 | €42,173 | -€16,094 | -27.6% |
| Taxes | 450/3 | €43,989 | €35,772 | -€8,217 | -18.7% |
| Remuneration and social security | 454/9 | €14,278 | €6,401 | -€7,877 | -55.2% |
| Other amounts payable | 47/48 | €26,500 | €73,925 | +€47,425 | +179.0% |
| Accrued charges and deferred income | 492/3 | €1,217 | €1,625 | +€409 | +33.6% |
| Remuneration, social security and pensions | 62 | €106,258 | €37,383 | -€68,875 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,851 | €12,328 | -€10,523 | -46.0% |
| Other operating charges | 640/8 | €3,105 | €3,176 | +€71 | +2.3% |
| Gross operating margin | 9900 | €154,459 | €130,560 | -€23,899 | -15.5% |
| Operating profit (loss) | 9901 | €22,245 | €77,673 | +€55,428 | +249.2% |
| Financial income | 75/76B | €10 | €149 | +€140 | +1452.3% |
| Recurring financial income | 75 | €10 | €149 | +€140 | +1452.3% |
| Financial charges | 65/66B | €1,045 | €1,014 | -€31 | -3.0% |
| Recurring financial charges | 65 | €1,045 | €1,014 | -€31 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €21,209 | €76,808 | +€55,599 | +262.1% |
| Income taxes | 67/77 | €6,895 | €25,136 | +€18,241 | +264.6% |
| Profit (loss) for the period | 9904 | €14,314 | €51,672 | +€37,358 | +261.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,314 | €51,672 | +€37,358 | +261.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.