OLRAYM: 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.
OLRAYM
Largest movements
- Cash +€2,156
up €2,156 (+21.1%), from €10,240 to €12,396
mainly Net result for the year (+€3,346) and Stocks and contracts (+€770)
- Stocks and contracts -€770
down €770 (-19.9%), from €3,860 to €3,090
- Profit (loss) carried forward +€3,346
up €3,346 (+5.0%), from -€67,229 to -€63,883
- Debts after one year -€2,000
down €2,000 (-10.5%), from €19,000 to €17,000
- Purchases and services -€18,768
no longer reported in 2025 (was €18,768)
- Gross operating margin +€1,170
up €1,170 (+38.6%), from €3,032 to €4,202
- Financial charges +€87
up €87 (+23.7%), from €369 to €456
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.
Cash bridge derived
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 | €14,224 | €15,610 | +€1,386 | +9.7% |
| Fixed assets | 21/28 | €124 | €124 | = | 0.0% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €14,100 | €15,486 | +€1,386 | +9.8% |
| Stocks and contracts in progress | 3 | €3,860 | €3,090 | -€770 | -19.9% |
| Stocks | 30/36 | €3,860 | €3,090 | -€770 | -19.9% |
| Cash at bank and in hand | 54/58 | €10,240 | €12,396 | +€2,156 | +21.1% |
| Total equity and liabilities | 10/49 | €14,224 | €15,610 | +€1,386 | +9.7% |
| Equity | 10/15 | -€5,229 | -€1,883 | +€3,346 | +64.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,229 | -€63,883 | +€3,346 | +5.0% |
| Amounts payable | 17/49 | €19,453 | €17,493 | -€1,960 | -10.1% |
| Amounts payable after more than one year | 17 | €19,000 | €17,000 | -€2,000 | -10.5% |
| Financial debts | 170/4 | €19,000 | €17,000 | -€2,000 | -10.5% |
| Amounts payable within one year | 42/48 | €453 | €419 | -€34 | -7.5% |
| Other amounts payable | 47/48 | €453 | €419 | -€34 | -7.5% |
| Accrued charges and deferred income | 492/3 | - | €74 | +€74 | |
| Goods, raw materials, services and sundry goods | 60/61 | €18,768 | - | -€18,768 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €3,032 | €4,202 | +€1,170 | +38.6% |
| Operating profit (loss) | 9901 | €2,645 | €3,802 | +€1,158 | +43.8% |
| Financial charges | 65/66B | €369 | €456 | +€87 | +23.7% |
| Recurring financial charges | 65 | €369 | €456 | +€87 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €2,276 | €3,346 | +€1,070 | +47.0% |
| Profit (loss) for the period | 9904 | €2,276 | €3,346 | +€1,070 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,276 | €3,346 | +€1,070 | +47.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.