Olpas: what changed
Olpas
Largest movements
- Receivables within one year +€20,237
up €20,237 (+105%), from €19,202 to €39,438
of which Trade receivables: +€16,950
- Intangible fixed assets +€18,615
up €18,615 (+9.8%), from €190,111 to €208,726
- Tangible fixed assets +€9,657
up €9,657 (+476%), from €2,028 to €11,685
of which Plant, machinery and equipment: +€9,546
- Cash +€8,656
up €8,656 (+60.6%), from €14,286 to €22,943
mainly Other debts (+€32,578) and Depreciation (+€27,329)
- Other debts +€32,578
up €32,578 (+19.6%), from €166,377 to €198,955
- Profit (loss) carried forward +€23,331
up €23,331 (+14.5%), from -€160,641 to -€137,310
- Gross operating margin +€30,299
up €30,299 (+101%), from €29,862 to €60,161
- Depreciation +€5,830
up €5,830 (+27.1%), from €21,500 to €27,329
- Financial charges +€678
up €678 (+8.6%), from €7,889 to €8,567
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,934 | €318,640 | +€56,706 | +21.6% |
| Fixed assets | 21/28 | €195,954 | €226,161 | +€30,207 | +15.4% |
| Intangible fixed assets | 21 | €190,111 | €208,726 | +€18,615 | +9.8% |
| Tangible fixed assets | 22/27 | €2,028 | €11,685 | +€9,657 | +476% |
| Plant, machinery and equipment | 23 | €1,859 | €11,405 | +€9,546 | +514% |
| Furniture and vehicles | 24 | €169 | €279 | +€110 | +65.1% |
| Financial fixed assets | 28 | €3,815 | €5,750 | +€1,935 | +50.7% |
| Current assets | 29/58 | €65,980 | €92,479 | +€26,499 | +40.2% |
| Stocks and contracts in progress | 3 | €28,107 | €25,471 | -€2,636 | -9.4% |
| Stocks | 30/36 | €28,107 | €25,471 | -€2,636 | -9.4% |
| Amounts receivable within one year | 40/41 | €19,202 | €39,438 | +€20,237 | +105% |
| Trade receivables | 40 | €15,638 | €32,588 | +€16,950 | +108% |
| Other amounts receivable | 41 | €3,564 | €6,850 | +€3,287 | +92.2% |
| Cash at bank and in hand | 54/58 | €14,286 | €22,943 | +€8,656 | +60.6% |
| Deferred charges and accrued income | 490/1 | €4,384 | €4,627 | +€243 | +5.5% |
| Total equity and liabilities | 10/49 | €261,934 | €318,640 | +€56,706 | +21.6% |
| Equity | 10/15 | €79,359 | €102,690 | +€23,331 | +29.4% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€160,641 | -€137,310 | +€23,331 | +14.5% |
| Amounts payable | 17/49 | €182,575 | €215,950 | +€33,375 | +18.3% |
| Amounts payable within one year | 42/48 | €182,575 | €215,950 | +€33,375 | +18.3% |
| Trade debts | 44 | €16,198 | €16,995 | +€797 | +4.9% |
| Suppliers | 440/4 | €16,198 | €16,995 | +€797 | +4.9% |
| Other amounts payable | 47/48 | €166,377 | €198,955 | +€32,578 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,500 | €27,329 | +€5,830 | +27.1% |
| Other operating charges | 640/8 | €938 | €1,046 | +€107 | +11.4% |
| Gross operating margin | 9900 | €29,862 | €60,161 | +€30,299 | +101% |
| Operating profit (loss) | 9901 | €7,424 | €31,786 | +€24,362 | +328% |
| Financial income | 75/76B | €0 | €112 | +€112 | +43,042% |
| Recurring financial income | 75 | €0 | €112 | +€112 | +43,042% |
| Financial charges | 65/66B | €7,889 | €8,567 | +€678 | +8.6% |
| Recurring financial charges | 65 | €7,889 | €8,567 | +€678 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | -€465 | €23,331 | +€23,796 | |
| Profit (loss) for the period | 9904 | -€465 | €23,331 | +€23,796 | |
| Profit (loss) for the period to be appropriated | 9905 | -€465 | €23,331 | +€23,796 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.