OLREN: 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.
OLREN
Largest movements
- Cash +€11,436
up €11,436 (+25.8%), from €44,400 to €55,836
mainly Receivables within one year (+€9,779) and Net result for the year (+€4,383)
- Receivables within one year -€9,779
down €9,779 (-90.5%), from €10,803 to €1,024
- Tangible fixed assets +€2,120
up €2,120 (+5.2%), from €40,391 to €42,511
of which Land and buildings: +€3,909
- Reserves +€4,383
up €4,383 (+34.3%), from €12,770 to €17,153
of which Distributable reserves: +€4,383
- Taxes +€1,400
up €1,400 (+217.1%), from €645 to €2,045
- Gross operating margin -€894
down €894 (-8.8%), from €10,147 to €9,253
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 | €95,594 | €99,371 | +€3,777 | +4.0% |
| Fixed assets | 21/28 | €40,391 | €42,511 | +€2,120 | +5.2% |
| Tangible fixed assets | 22/27 | €40,391 | €42,511 | +€2,120 | +5.2% |
| Land and buildings | 22 | €15,359 | €19,268 | +€3,909 | +25.4% |
| Plant, machinery and equipment | 23 | €9,049 | €7,260 | -€1,789 | -19.8% |
| Furniture and vehicles | 24 | €15,983 | €15,983 | = | 0.0% |
| Current assets | 29/58 | €55,203 | €56,860 | +€1,657 | +3.0% |
| Amounts receivable within one year | 40/41 | €10,803 | €1,024 | -€9,779 | -90.5% |
| Other amounts receivable | 41 | €10,803 | €1,024 | -€9,779 | -90.5% |
| Cash at bank and in hand | 54/58 | €44,400 | €55,836 | +€11,436 | +25.8% |
| Total equity and liabilities | 10/49 | €95,594 | €99,371 | +€3,777 | +4.0% |
| Equity | 10/15 | €94,443 | €98,825 | +€4,383 | +4.6% |
| 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% |
| Reserves | 13 | €12,770 | €17,153 | +€4,383 | +34.3% |
| Non-distributable reserves | 130/1 | €12,770 | €12,770 | = | 0.0% |
| Legal reserve | 130 | €12,770 | €12,770 | = | 0.0% |
| Distributable reserves | 133 | - | €4,383 | +€4,383 | |
| Profit (loss) carried forward | 14 | €19,673 | €19,673 | = | 0.0% |
| Amounts payable | 17/49 | €1,151 | €545 | -€606 | -52.6% |
| Amounts payable within one year | 42/48 | €1,151 | €545 | -€606 | -52.6% |
| Trade debts | 44 | €506 | - | -€506 | |
| Suppliers | 440/4 | €506 | - | -€506 | |
| Taxes, remuneration and social security | 45 | €645 | €545 | -€100 | -15.5% |
| Taxes | 450/3 | €645 | €545 | -€100 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,368 | €2,347 | -€20 | -0.9% |
| Other operating charges | 640/8 | €439 | €446 | +€7 | +1.6% |
| Gross operating margin | 9900 | €10,147 | €9,253 | -€894 | -8.8% |
| Operating profit (loss) | 9901 | €7,340 | €6,460 | -€881 | -12.0% |
| Financial charges | 65/66B | €64 | €32 | -€32 | -49.9% |
| Recurring financial charges | 65 | €64 | €32 | -€32 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €7,277 | €6,428 | -€849 | -11.7% |
| Income taxes | 67/77 | €645 | €2,045 | +€1,400 | +217.1% |
| Profit (loss) for the period | 9904 | €6,632 | €4,383 | -€2,249 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,632 | €4,383 | -€2,249 | -33.9% |
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 9 October 2026 via checked.be.