OLSTRANS: 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.
OLSTRANS
Largest movements
- Tangible fixed assets -€153,194
down €153,194 (-29.3%), from €523,025 to €369,831
of which Furniture and vehicles: -€101,646
- Cash +€48,615
up €48,615 (+47.1%), from €103,136 to €151,751
mainly Depreciation (+€174,144) and Tax, wage and social debts (+€36,223)
- Receivables within one year +€42,182
up €42,182 (+30.8%), from €137,163 to €179,345
of which Trade receivables: +€47,359
- Debts after one year -€160,498
down €160,498 (-48.7%), from €329,465 to €168,967
- Tax, wage and social debts +€36,223
up €36,223 (+76.1%), from €47,597 to €83,820
of which Remuneration and social security: +€38,272
- Trade debts +€36,198
up €36,198 (+116.6%), from €31,057 to €67,255
- Other debts +€27,652
up €27,652 (+163.9%), from €16,876 to €44,528
- Gross operating margin +€57,710
up €57,710 (+7.9%), from €731,387 to €789,097
- Staff costs +€39,923
up €39,923 (+7.3%), from €544,433 to €584,356
- Depreciation +€26,294
up €26,294 (+17.8%), from €147,850 to €174,144
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 | €766,069 | €707,476 | -€58,593 | -7.6% |
| Fixed assets | 21/28 | €525,770 | €372,576 | -€153,194 | -29.1% |
| Tangible fixed assets | 22/27 | €523,025 | €369,831 | -€153,194 | -29.3% |
| Plant, machinery and equipment | 23 | €2,121 | €1,673 | -€448 | -21.1% |
| Furniture and vehicles | 24 | €284,470 | €182,824 | -€101,646 | -35.7% |
| Leasing and similar rights | 25 | €236,434 | €185,334 | -€51,100 | -21.6% |
| Financial fixed assets | 28 | €2,745 | €2,745 | = | 0.0% |
| Current assets | 29/58 | €240,299 | €334,900 | +€94,601 | +39.4% |
| Stocks and contracts in progress | 3 | - | €3,804 | +€3,804 | |
| Stocks | 30/36 | - | €3,804 | +€3,804 | |
| Amounts receivable within one year | 40/41 | €137,163 | €179,345 | +€42,182 | +30.8% |
| Trade receivables | 40 | €123,464 | €170,823 | +€47,359 | +38.4% |
| Other amounts receivable | 41 | €13,699 | €8,522 | -€5,177 | -37.8% |
| Cash at bank and in hand | 54/58 | €103,136 | €151,751 | +€48,615 | +47.1% |
| Total equity and liabilities | 10/49 | €766,069 | €707,476 | -€58,593 | -7.6% |
| Equity | 10/15 | €55,738 | €57,408 | +€1,670 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,138 | €38,808 | +€1,670 | +4.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,278 | €36,948 | +€1,670 | +4.7% |
| Amounts payable | 17/49 | €710,331 | €650,068 | -€60,263 | -8.5% |
| Amounts payable after more than one year | 17 | €329,465 | €168,967 | -€160,498 | -48.7% |
| Financial debts | 170/4 | €329,465 | €168,967 | -€160,498 | -48.7% |
| Amounts payable within one year | 42/48 | €379,266 | €481,101 | +€101,835 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €158,736 | €160,498 | +€1,762 | +1.1% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €31,057 | €67,255 | +€36,198 | +116.6% |
| Suppliers | 440/4 | €31,057 | €67,255 | +€36,198 | +116.6% |
| Taxes, remuneration and social security | 45 | €47,597 | €83,820 | +€36,223 | +76.1% |
| Taxes | 450/3 | €47,597 | €45,548 | -€2,049 | -4.3% |
| Remuneration and social security | 454/9 | - | €38,272 | +€38,272 | |
| Other amounts payable | 47/48 | €16,876 | €44,528 | +€27,652 | +163.9% |
| Accrued charges and deferred income | 492/3 | €1,600 | - | -€1,600 | |
| Remuneration, social security and pensions | 62 | €544,433 | €584,356 | +€39,923 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,850 | €174,144 | +€26,294 | +17.8% |
| Other operating charges | 640/8 | €3,110 | €2,491 | -€619 | -19.9% |
| Gross operating margin | 9900 | €731,387 | €789,097 | +€57,710 | +7.9% |
| Operating profit (loss) | 9901 | €35,994 | €28,106 | -€7,888 | -21.9% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €32,068 | €26,357 | -€5,711 | -17.8% |
| Recurring financial charges | 65 | €32,068 | €26,357 | -€5,711 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €3,926 | €1,765 | -€2,161 | -55.0% |
| Income taxes | 67/77 | - | €95 | +€95 | |
| Profit (loss) for the period | 9904 | €3,926 | €1,670 | -€2,256 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,926 | €1,670 | -€2,256 | -57.5% |
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 30 September 2026 via checked.be.