Oltean Group: what changed
What changed
Oltean Group
NACE 43.240, Other construction installation
filed annual accounts (NBB)
Net result for the year
€66,162
2024 · €60,344+€5,818
Equity
€748,244
2024 · €712,082+€36,162
Cash
€92,387
2024 · €61,210+€31,177
Balance sheet total
€1.8m
2024 · €1.7m+€62,968
Largest movements
Assets
- Receivables within one year +€162,442
up €162,442 (+53.1%), from €306,144 to €468,587
of which Trade receivables: +€144,273
- Tangible fixed assets -€119,385
down €119,385 (-9.0%), from €1.3m to €1.2m
of which Plant, machinery and equipment: -€63,661
- Cash +€31,177
up €31,177 (+50.9%), from €61,210 to €92,387
mainly Depreciation (+€141,546) and Current portion of long-term debt (+€110,272)
Equity and liabilities
- Current portion of long-term debt +€110,272
up €110,272 (+100%), from €109,923 to €220,195
- Debts after one year -€46,184
down €46,184 (-9.4%), from €490,930 to €444,746
of which Financial debts: -€76,184
- Profit (loss) carried forward +€37,902
up €37,902 (+14.7%), from €258,716 to €296,618
- Accrued charges and deferred income -€37,562
down €37,562 (-88.3%), from €42,562 to €5,000
- Tax, wage and social debts +€19,765
up €19,765 (+543%), from €3,640 to €23,405
of which Taxes: +€18,737
Income statement
- Write-downs -€48,997
down €48,997 (-77.0%), from €63,611 to €14,614
- Gross operating margin -€47,377
down €47,377 (-13.9%), from €341,852 to €294,476
- Depreciation -€29,369
down €29,369 (-17.2%), from €170,915 to €141,546
- Taxes +€23,882
up €23,882, from -€10,122 to €13,760
- Financial charges -€6,879
down €6,879 (-30.5%), from €22,574 to €15,695
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€60,344
Gross operating margin
-€47,377
Staff costs
-€5,171
Depreciation
+€29,369
Write-downs
+€48,997
Other operating charges
-€3,072
Financial income
+€75
Financial charges
+€6,879
Taxes
-€23,882
Result 2025
€66,162
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€19,249
Investment
-€22,160
Financing
+€34,088
Cash 2024
€61,210
From operations (derived)
+€19,249
Net result for the year
+€66,162
Depreciation
+€141,546
Stocks and contracts
+€2,500
Receivables within one year
-€162,442
Deferred charges and accrued income
+€8,767
Provisions
-€580
Trade debts
-€19,119
Tax, wage and social debts
+€19,765
Other debts
+€214
Accrued charges and deferred income
-€37,562
Investment (derived)
-€22,160
Investment in fixed assets (net)
-€22,160
Financing
+€34,088
Debts after one year
-€46,184
Current portion of long-term debt
+€110,272
Contributions, distributions and other
-€30,000
Cash 2025
€92,387
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,722,759 | €1,785,726 | +€62,968 | +3.7% |
| Fixed assets | 21/28 | €1,332,610 | €1,213,225 | -€119,385 | -9.0% |
| Tangible fixed assets | 22/27 | €1,330,375 | €1,210,990 | -€119,385 | -9.0% |
| Land and buildings | 22 | €1,170,074 | €1,115,546 | -€54,528 | -4.7% |
| Plant, machinery and equipment | 23 | €124,335 | €60,673 | -€63,661 | -51.2% |
| Furniture and vehicles | 24 | €35,966 | €34,771 | -€1,196 | -3.3% |
| Financial fixed assets | 28 | €2,235 | €2,235 | = | 0.0% |
| Current assets | 29/58 | €390,148 | €572,501 | +€182,353 | +46.7% |
| Stocks and contracts in progress | 3 | €8,000 | €5,500 | -€2,500 | -31.3% |
| Stocks | 30/36 | €8,000 | €5,500 | -€2,500 | -31.3% |
| Amounts receivable within one year | 40/41 | €306,144 | €468,587 | +€162,442 | +53.1% |
| Trade receivables | 40 | €285,586 | €429,859 | +€144,273 | +50.5% |
| Other amounts receivable | 41 | €20,558 | €38,727 | +€18,169 | +88.4% |
| Cash at bank and in hand | 54/58 | €61,210 | €92,387 | +€31,177 | +50.9% |
| Deferred charges and accrued income | 490/1 | €14,795 | €6,028 | -€8,767 | -59.3% |
| Total equity and liabilities | 10/49 | €1,722,759 | €1,785,726 | +€62,968 | +3.7% |
| Equity | 10/15 | €712,082 | €748,244 | +€36,162 | +5.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €447,166 | €445,426 | -€1,740 | -0.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,583 | €42,843 | -€1,740 | -3.9% |
| Distributable reserves | 133 | €400,724 | €400,724 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,716 | €296,618 | +€37,902 | +14.7% |
| Provisions and deferred taxes | 16 | €13,528 | €12,948 | -€580 | -4.3% |
| Deferred taxes | 168 | €13,528 | €12,948 | -€580 | -4.3% |
| Amounts payable | 17/49 | €997,149 | €1,024,535 | +€27,386 | +2.7% |
| Amounts payable after more than one year | 17 | €490,930 | €444,746 | -€46,184 | -9.4% |
| Financial debts | 170/4 | €490,930 | €414,746 | -€76,184 | -15.5% |
| Other amounts payable | 178/9 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €463,657 | €574,789 | +€111,132 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €109,923 | €220,195 | +€110,272 | +100% |
| Trade debts | 44 | €350,094 | €330,976 | -€19,119 | -5.5% |
| Suppliers | 440/4 | €350,094 | €330,976 | -€19,119 | -5.5% |
| Taxes, remuneration and social security | 45 | €3,640 | €23,405 | +€19,765 | +543% |
| Taxes | 450/3 | €2,271 | €21,008 | +€18,737 | +825% |
| Remuneration and social security | 454/9 | €1,369 | €2,397 | +€1,028 | +75.1% |
| Other amounts payable | 47/48 | - | €214 | +€214 | |
| Accrued charges and deferred income | 492/3 | €42,562 | €5,000 | -€37,562 | -88.3% |
| Remuneration, social security and pensions | 62 | €24,268 | €29,438 | +€5,171 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,915 | €141,546 | -€29,369 | -17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €63,611 | €14,614 | -€48,997 | -77.0% |
| Other operating charges | 640/8 | €10,949 | €14,021 | +€3,072 | +28.1% |
| Gross operating margin | 9900 | €341,852 | €294,476 | -€47,377 | -13.9% |
| Operating profit (loss) | 9901 | €72,110 | €94,857 | +€22,747 | +31.5% |
| Financial income | 75/76B | €105 | €180 | +€75 | +71.0% |
| Recurring financial income | 75 | €105 | €180 | +€75 | +71.0% |
| Financial charges | 65/66B | €22,574 | €15,695 | -€6,879 | -30.5% |
| Recurring financial charges | 65 | €22,574 | €15,695 | -€6,879 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €49,642 | €79,342 | +€29,700 | +59.8% |
| Transfer from deferred taxes | 780 | €580 | €580 | = | 0.0% |
| Income taxes | 67/77 | -€10,122 | €13,760 | +€23,882 | |
| Profit (loss) for the period | 9904 | €60,344 | €66,162 | +€5,818 | +9.6% |
| Transfer from tax-exempt reserves | 789 | €1,740 | €1,740 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,084 | €67,902 | +€5,818 | +9.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.