Olraand: 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.
Olraand
Largest movements
- Receivables within one year +€130,442
up €130,442 (+333%), from €39,222 to €169,664
of which Trade receivables: +€75,974
- Tangible fixed assets -€25,872
down €25,872 (-7.0%), from €367,336 to €341,464
of which Land and buildings: -€27,612
- Reserves +€94,475
up €94,475 (+5,079%), from €1,860 to €96,335
of which Distributable reserves: +€94,475
- Tax, wage and social debts +€57,469
up €57,469 (+54.3%), from €105,829 to €163,298
of which Taxes: +€47,267
- Debts after one year -€52,787
down €52,787 (-20.7%), from €254,892 to €202,105
- Other debts +€51,959
up €51,959 (+538%), from €9,660 to €61,619
- Profit (loss) carried forward -€22,241
down €22,241 (-100%), from €22,241 to €0
- Gross operating margin +€46,922
up €46,922 (+11.2%), from €420,356 to €467,278
- Staff costs -€15,742
down €15,742 (-4.6%), from €345,489 to €329,747
- Taxes +€15,628
up €15,628 (+1,053%), from €1,484 to €17,112
- Financial income +€8,228
up €8,228 (+1,979%), from €416 to €8,644
- Financial charges +€5,961
up €5,961 (+46.6%), from €12,781 to €18,741
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.
Derived cash bridge
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 | €542,849 | €649,831 | +€106,982 | +19.7% |
| Fixed assets | 21/28 | €368,806 | €342,934 | -€25,872 | -7.0% |
| Tangible fixed assets | 22/27 | €367,336 | €341,464 | -€25,872 | -7.0% |
| Land and buildings | 22 | €356,795 | €329,183 | -€27,612 | -7.7% |
| Plant, machinery and equipment | 23 | €6,383 | €9,745 | +€3,362 | +52.7% |
| Furniture and vehicles | 24 | €4,158 | €2,536 | -€1,622 | -39.0% |
| Financial fixed assets | 28 | €1,470 | €1,470 | = | 0.0% |
| Current assets | 29/58 | €174,043 | €306,896 | +€132,853 | +76.3% |
| Stocks and contracts in progress | 3 | €35,000 | €39,500 | +€4,500 | +12.9% |
| Stocks | 30/36 | €35,000 | €39,500 | +€4,500 | +12.9% |
| Amounts receivable within one year | 40/41 | €39,222 | €169,664 | +€130,442 | +333% |
| Trade receivables | 40 | €33,014 | €108,988 | +€75,974 | +230% |
| Other amounts receivable | 41 | €6,208 | €60,676 | +€54,468 | +877% |
| Cash at bank and in hand | 54/58 | €97,459 | €91,298 | -€6,161 | -6.3% |
| Deferred charges and accrued income | 490/1 | €2,361 | €6,434 | +€4,073 | +172% |
| Total equity and liabilities | 10/49 | €542,849 | €649,831 | +€106,982 | +19.7% |
| Equity | 10/15 | €42,701 | €114,935 | +€72,234 | +169% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €96,335 | +€94,475 | +5,079% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €96,335 | +€94,475 | +5,079% |
| Profit (loss) carried forward | 14 | €22,241 | €0 | -€22,241 | -100% |
| Amounts payable | 17/49 | €500,148 | €534,896 | +€34,748 | +6.9% |
| Amounts payable after more than one year | 17 | €254,892 | €202,105 | -€52,787 | -20.7% |
| Financial debts | 170/4 | €254,892 | €202,105 | -€52,787 | -20.7% |
| Amounts payable within one year | 42/48 | €240,429 | €329,954 | +€89,525 | +37.2% |
| Current portion of amounts payable after more than one year | 42 | €71,159 | €52,893 | -€18,266 | -25.7% |
| Trade debts | 44 | €53,282 | €51,645 | -€1,637 | -3.1% |
| Suppliers | 440/4 | €53,282 | €51,645 | -€1,637 | -3.1% |
| Advances received on contracts in progress | 46 | €500 | €500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €105,829 | €163,298 | +€57,469 | +54.3% |
| Taxes | 450/3 | €48,052 | €95,319 | +€47,267 | +98.4% |
| Remuneration and social security | 454/9 | €57,777 | €67,979 | +€10,202 | +17.7% |
| Other amounts payable | 47/48 | €9,660 | €61,619 | +€51,959 | +538% |
| Accrued charges and deferred income | 492/3 | €4,827 | €2,837 | -€1,990 | -41.2% |
| Remuneration, social security and pensions | 62 | €345,489 | €329,747 | -€15,742 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,801 | €32,753 | -€3,048 | -8.5% |
| Other operating charges | 640/8 | €8,007 | €5,334 | -€2,672 | -33.4% |
| Gross operating margin | 9900 | €420,356 | €467,278 | +€46,922 | +11.2% |
| Operating profit (loss) | 9901 | €31,060 | €99,444 | +€68,384 | +220% |
| Financial income | 75/76B | €416 | €8,644 | +€8,228 | +1,979% |
| Recurring financial income | 75 | €416 | €8,644 | +€8,228 | +1,979% |
| Financial charges | 65/66B | €12,781 | €18,741 | +€5,961 | +46.6% |
| Recurring financial charges | 65 | €12,781 | €18,741 | +€5,961 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €18,695 | €89,346 | +€70,651 | +378% |
| Income taxes | 67/77 | €1,484 | €17,112 | +€15,628 | +1,053% |
| Profit (loss) for the period | 9904 | €17,211 | €72,234 | +€55,023 | +320% |
| Profit (loss) for the period to be appropriated | 9905 | €17,211 | €72,234 | +€55,023 | +320% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.