OLOVI: 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.
OLOVI
Largest movements
- Cash +€37,246
up €37,246 (+192%), from €19,371 to €56,618
mainly Receivables within one year (+€22,142) and Depreciation (+€15,645)
- Receivables within one year -€22,142
down €22,142 (-86.1%), from €25,715 to €3,573
of which Trade receivables: -€21,745
- Profit (loss) carried forward +€13,255
up €13,255 (+9.2%), from €143,494 to €156,749
- Accrued charges and deferred income +€9,775
up €9,775 (+187%), from €5,230 to €15,005
- Gross operating margin -€31,475
down €31,475 (-42.3%), from €74,403 to €42,928
- Depreciation -€27,564
down €27,564 (-63.8%), from €43,210 to €15,645
- Financial charges +€9,985
up €9,985 (+143%), from €6,982 to €16,967
- Financial income -€4,226
down €4,226 (-35.1%), from €12,045 to €7,819
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.
Derived cash bridge
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 | €583,619 | €600,450 | +€16,832 | +2.9% |
| Fixed assets | 21/28 | €459,833 | €457,743 | -€2,090 | -0.5% |
| Tangible fixed assets | 22/27 | €459,833 | €457,743 | -€2,090 | -0.5% |
| Land and buildings | 22 | €446,734 | €447,718 | +€984 | +0.2% |
| Plant, machinery and equipment | 23 | €5,388 | €2,552 | -€2,836 | -52.6% |
| Furniture and vehicles | 24 | €4,902 | €4,665 | -€237 | -4.8% |
| Other tangible fixed assets | 26 | €2,809 | €2,809 | = | 0.0% |
| Current assets | 29/58 | €123,786 | €142,707 | +€18,921 | +15.3% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,715 | €3,573 | -€22,142 | -86.1% |
| Trade receivables | 40 | €22,648 | €903 | -€21,745 | -96.0% |
| Other amounts receivable | 41 | €3,067 | €2,670 | -€397 | -13.0% |
| Current investments | 50/53 | €3,700 | €7,200 | +€3,500 | +94.6% |
| Cash at bank and in hand | 54/58 | €19,371 | €56,618 | +€37,246 | +192% |
| Deferred charges and accrued income | 490/1 | €0 | €317 | +€317 | |
| Total equity and liabilities | 10/49 | €583,619 | €600,450 | +€16,832 | +2.9% |
| Equity | 10/15 | €147,494 | €160,749 | +€13,255 | +9.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,494 | €156,749 | +€13,255 | +9.2% |
| Amounts payable | 17/49 | €436,124 | €439,701 | +€3,577 | +0.8% |
| Amounts payable after more than one year | 17 | €415,000 | €415,000 | = | 0.0% |
| Financial debts | 170/4 | €415,000 | €415,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,894 | €9,696 | -€6,198 | -39.0% |
| Trade debts | 44 | €6,593 | €3,476 | -€3,117 | -47.3% |
| Suppliers | 440/4 | €6,593 | €3,476 | -€3,117 | -47.3% |
| Taxes, remuneration and social security | 45 | €6,951 | €2,275 | -€4,676 | -67.3% |
| Taxes | 450/3 | €6,951 | €2,275 | -€4,676 | -67.3% |
| Other amounts payable | 47/48 | €2,350 | €3,944 | +€1,594 | +67.8% |
| Accrued charges and deferred income | 492/3 | €5,230 | €15,005 | +€9,775 | +187% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,210 | €15,645 | -€27,564 | -63.8% |
| Other operating charges | 640/8 | €894 | €550 | -€344 | -38.5% |
| Non-recurring operating charges | 66A | €15,600 | €0 | -€15,600 | -100% |
| Gross operating margin | 9900 | €74,403 | €42,928 | -€31,475 | -42.3% |
| Operating profit (loss) | 9901 | €14,700 | €26,733 | +€12,033 | +81.9% |
| Financial income | 75/76B | €12,045 | €7,819 | -€4,226 | -35.1% |
| Recurring financial income | 75 | €12,045 | €7,819 | -€4,226 | -35.1% |
| Financial charges | 65/66B | €6,982 | €16,967 | +€9,985 | +143% |
| Recurring financial charges | 65 | €6,982 | €16,967 | +€9,985 | +143% |
| Profit (loss) for the period before taxes | 9903 | €19,763 | €17,585 | -€2,177 | -11.0% |
| Income taxes | 67/77 | €4,433 | €4,330 | -€103 | -2.3% |
| Profit (loss) for the period | 9904 | €15,329 | €13,255 | -€2,075 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,329 | €13,255 | -€2,075 | -13.5% |
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 19 October 2026 via checked.be.