Olsco: 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.
Olsco
Largest movements
- Cash +€31,669
up €31,669 (+8.7%), from €364,819 to €396,488
mainly Depreciation (+€23,653) and Net result for the year (+€7,469)
- Tangible fixed assets -€23,653
down €23,653 (-4.0%), from €588,895 to €565,241
of which Land and buildings: -€23,653
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€4,022
up €4,022 (+10.1%), from €39,668 to €43,690
- Other operating charges -€1,742
down €1,742 (-31.0%), from €5,612 to €3,870
- Taxes +€823
up €823 (+11.5%), from €7,150 to €7,973
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 | €980,852 | €987,847 | +€6,995 | +0.7% |
| Fixed assets | 21/28 | €588,895 | €565,241 | -€23,653 | -4.0% |
| Tangible fixed assets | 22/27 | €588,895 | €565,241 | -€23,653 | -4.0% |
| Land and buildings | 22 | €504,605 | €480,952 | -€23,653 | -4.7% |
| Plant, machinery and equipment | 23 | €84,289 | €84,289 | = | 0.0% |
| Current assets | 29/58 | €391,957 | €422,606 | +€30,648 | +7.8% |
| Amounts receivable within one year | 40/41 | €10,320 | €11,116 | +€796 | +7.7% |
| Trade receivables | 40 | €10,320 | €11,116 | +€796 | +7.7% |
| Current investments | 50/53 | €12,030 | €12,030 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €364,819 | €396,488 | +€31,669 | +8.7% |
| Deferred charges and accrued income | 490/1 | €4,789 | €2,973 | -€1,816 | -37.9% |
| Total equity and liabilities | 10/49 | €980,852 | €987,847 | +€6,995 | +0.7% |
| Equity | 10/15 | €932,735 | €940,205 | +€7,469 | +0.8% |
| Contributions | 10/11 | €558,000 | €558,000 | = | 0.0% |
| Capital | 10 | €558,000 | €558,000 | = | 0.0% |
| Issued capital | 100 | €558,000 | €558,000 | = | 0.0% |
| Reserves | 13 | €427,500 | €427,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,000 | €45,000 | = | 0.0% |
| Legal reserve | 130 | €45,000 | €45,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €53,500 | €53,500 | = | 0.0% |
| Distributable reserves | 133 | €329,000 | €329,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,765 | -€45,295 | +€7,469 | +14.2% |
| Amounts payable | 17/49 | €48,117 | €47,642 | -€475 | -1.0% |
| Amounts payable after more than one year | 17 | €31,690 | €32,944 | +€1,254 | +4.0% |
| Other amounts payable | 178/9 | €31,690 | €32,944 | +€1,254 | +4.0% |
| Amounts payable within one year | 42/48 | €14,113 | €12,334 | -€1,779 | -12.6% |
| Trade debts | 44 | €157 | €2,304 | +€2,147 | +1367.2% |
| Suppliers | 440/4 | €157 | €2,304 | +€2,147 | +1367.2% |
| Taxes, remuneration and social security | 45 | €12,456 | €8,530 | -€3,926 | -31.5% |
| Taxes | 450/3 | €12,456 | €8,530 | -€3,926 | -31.5% |
| Other amounts payable | 47/48 | €1,500 | €1,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,313 | €2,364 | +€51 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,653 | €23,653 | = | 0.0% |
| Other operating charges | 640/8 | €5,612 | €3,870 | -€1,742 | -31.0% |
| Gross operating margin | 9900 | €39,668 | €43,690 | +€4,022 | +10.1% |
| Operating profit (loss) | 9901 | €10,403 | €16,166 | +€5,763 | +55.4% |
| Financial income | 75/76B | €2,145 | €1,915 | -€230 | -10.7% |
| Recurring financial income | 75 | €2,145 | €1,915 | -€230 | -10.7% |
| Financial charges | 65/66B | €2,512 | €2,639 | +€127 | +5.1% |
| Recurring financial charges | 65 | €2,512 | €2,639 | +€127 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €10,036 | €15,442 | +€5,406 | +53.9% |
| Income taxes | 67/77 | €7,150 | €7,973 | +€823 | +11.5% |
| Profit (loss) for the period | 9904 | €2,886 | €7,469 | +€4,583 | +158.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,886 | €7,469 | +€4,583 | +158.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.