OLTAVIDE: 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.
OLTAVIDE
Largest movements
- Receivables within one year -€32,635
down €32,635 (-99.3%), from €32,869 to €234
of which Other amounts receivable: -€32,869
- Tangible fixed assets +€20,724
up €20,724 (+28.9%), from €71,647 to €92,371
of which Furniture and vehicles: +€16,318
- Cash +€7,090
up €7,090 (+40.1%), from €17,659 to €24,749
mainly Receivables within one year (+€32,635) and Other debts (+€24,076)
- Tax, wage and social debts -€36,481
down €36,481 (-89.1%), from €40,955 to €4,474
- Other debts +€24,076
up €24,076 (+13.7%), from €175,755 to €199,831
- Current portion of long-term debt +€18,182
new in 2025: €18,182
- Profit (loss) carried forward -€11,845
down €11,845 (-9.9%), from -€119,867 to -€131,712
- Turnover +€142,578
new in 2025: €142,578
- Purchases and services +€134,488
new in 2025: €134,488
- Gross operating margin -€23,833
down €23,833 (-63.8%), from €37,338 to €13,505
- Depreciation +€9,228
up €9,228 (+77.0%), from €11,992 to €21,220
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 | €165,498 | €160,112 | -€5,386 | -3.3% |
| Fixed assets | 21/28 | €71,797 | €92,521 | +€20,724 | +28.9% |
| Tangible fixed assets | 22/27 | €71,647 | €92,371 | +€20,724 | +28.9% |
| Land and buildings | 22 | €33,039 | €28,758 | -€4,281 | -13.0% |
| Plant, machinery and equipment | 23 | €3,346 | €13,852 | +€10,506 | +314.0% |
| Furniture and vehicles | 24 | €27,114 | €43,432 | +€16,318 | +60.2% |
| Leasing and similar rights | 25 | €8,148 | €6,273 | -€1,875 | -23.0% |
| Assets under construction and advance payments | 27 | - | €56 | +€56 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €93,701 | €67,591 | -€26,110 | -27.9% |
| Stocks and contracts in progress | 3 | €43,173 | €42,608 | -€565 | -1.3% |
| Stocks | 30/36 | €43,173 | €42,608 | -€565 | -1.3% |
| Amounts receivable within one year | 40/41 | €32,869 | €234 | -€32,635 | -99.3% |
| Trade receivables | 40 | - | €234 | +€234 | |
| Other amounts receivable | 41 | €32,869 | - | -€32,869 | |
| Cash at bank and in hand | 54/58 | €17,659 | €24,749 | +€7,090 | +40.1% |
| Total equity and liabilities | 10/49 | €165,498 | €160,112 | -€5,386 | -3.3% |
| Equity | 10/15 | -€57,367 | -€69,212 | -€11,845 | -20.6% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,867 | -€131,712 | -€11,845 | -9.9% |
| Amounts payable | 17/49 | €222,865 | €229,324 | +€6,459 | +2.9% |
| Amounts payable within one year | 42/48 | €222,865 | €229,324 | +€6,459 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | - | €18,182 | +€18,182 | |
| Trade debts | 44 | €6,155 | €6,837 | +€682 | +11.1% |
| Suppliers | 440/4 | €6,155 | €6,837 | +€682 | +11.1% |
| Taxes, remuneration and social security | 45 | €40,955 | €4,474 | -€36,481 | -89.1% |
| Taxes | 450/3 | €40,955 | €4,474 | -€36,481 | -89.1% |
| Other amounts payable | 47/48 | €175,755 | €199,831 | +€24,076 | +13.7% |
| Turnover | 70 | - | €142,578 | +€142,578 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €134,488 | +€134,488 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,992 | €21,220 | +€9,228 | +77.0% |
| Other operating charges | 640/8 | €4,088 | €3,088 | -€1,000 | -24.5% |
| Gross operating margin | 9900 | €37,338 | €13,505 | -€23,833 | -63.8% |
| Operating profit (loss) | 9901 | €21,258 | -€10,803 | -€32,061 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €308 | €1,042 | +€734 | +238.3% |
| Recurring financial charges | 65 | €308 | €1,042 | +€734 | +238.3% |
| Profit (loss) for the period before taxes | 9903 | €20,955 | -€11,845 | -€32,800 | |
| Profit (loss) for the period | 9904 | €20,955 | -€11,845 | -€32,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,955 | -€11,845 | -€32,800 |
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 10 October 2026 via checked.be.