OLSIE: 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.
OLSIE
Largest movements
- Receivables within one year -€63,847
down €63,847 (-91.1%), from €70,099 to €6,252
of which Trade receivables: -€66,151
- Tangible fixed assets -€13,534
down €13,534 (-25.3%), from €53,544 to €40,010
- Cash +€1,447
up €1,447 (+42.5%), from €3,408 to €4,855
mainly Receivables within one year (+€63,847) and Other debts (+€17,891)
- Trade debts -€63,931
down €63,931 (-94.2%), from €67,834 to €3,904
- Profit (loss) carried forward -€23,648
down €23,648 (-98.3%), from -€24,047 to -€47,695
- Other debts +€17,891
up €17,891 (+33.2%), from €53,925 to €71,815
- Debts after one year -€6,391
down €6,391 (-48.8%), from €13,093 to €6,702
- Depreciation -€593
down €593 (-4.2%), from €14,128 to €13,534
- Gross operating margin -€439
down €439 (-5.3%), from -€8,238 to -€8,678
- Financial charges -€282
down €282 (-23.3%), from €1,213 to €931
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 | €127,051 | €51,117 | -€75,934 | -59.8% |
| Fixed assets | 21/28 | €53,544 | €40,010 | -€13,534 | -25.3% |
| Tangible fixed assets | 22/27 | €53,544 | €40,010 | -€13,534 | -25.3% |
| Furniture and vehicles | 24 | €53,544 | €40,010 | -€13,534 | -25.3% |
| Current assets | 29/58 | €73,507 | €11,107 | -€62,400 | -84.9% |
| Amounts receivable within one year | 40/41 | €70,099 | €6,252 | -€63,847 | -91.1% |
| Trade receivables | 40 | €70,099 | €3,948 | -€66,151 | -94.4% |
| Other amounts receivable | 41 | - | €2,304 | +€2,304 | |
| Cash at bank and in hand | 54/58 | €3,408 | €4,855 | +€1,447 | +42.5% |
| Total equity and liabilities | 10/49 | €127,051 | €51,117 | -€75,934 | -59.8% |
| Equity | 10/15 | -€14,047 | -€37,695 | -€23,648 | -168.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,047 | -€47,695 | -€23,648 | -98.3% |
| Amounts payable | 17/49 | €141,098 | €88,812 | -€52,286 | -37.1% |
| Amounts payable after more than one year | 17 | €13,093 | €6,702 | -€6,391 | -48.8% |
| Financial debts | 170/4 | €13,093 | €6,702 | -€6,391 | -48.8% |
| Amounts payable within one year | 42/48 | €128,005 | €82,110 | -€45,895 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €6,095 | €6,391 | +€296 | +4.9% |
| Trade debts | 44 | €67,834 | €3,904 | -€63,931 | -94.2% |
| Suppliers | 440/4 | €67,834 | €3,904 | -€63,931 | -94.2% |
| Taxes, remuneration and social security | 45 | €151 | €0 | -€151 | -100.0% |
| Taxes | 450/3 | €151 | €0 | -€151 | -100.0% |
| Other amounts payable | 47/48 | €53,925 | €71,815 | +€17,891 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,128 | €13,534 | -€593 | -4.2% |
| Other operating charges | 640/8 | €468 | €506 | +€38 | +8.1% |
| Gross operating margin | 9900 | -€8,238 | -€8,678 | -€439 | -5.3% |
| Operating profit (loss) | 9901 | -€22,834 | -€22,718 | +€116 | +0.5% |
| Financial charges | 65/66B | €1,213 | €931 | -€282 | -23.3% |
| Recurring financial charges | 65 | €1,213 | €931 | -€282 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,047 | -€23,648 | +€399 | +1.7% |
| Profit (loss) for the period | 9904 | -€24,047 | -€23,648 | +€399 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,047 | -€23,648 | +€399 | +1.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.