OLTS: 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.
OLTS
Largest movements
- Receivables within one year -€16,889
down €16,889 (-63.3%), from €26,683 to €9,795
of which Trade receivables: -€17,207
- Stocks and contracts +€6,259
up €6,259 (+58.4%), from €10,719 to €16,978
- Cash +€4,044
up €4,044 (+28.0%), from €14,428 to €18,472
mainly Receivables within one year (+€16,889) and Depreciation (+€3,254)
- Current portion of long-term debt -€3,235
no longer reported in 2025 (was €3,235)
- Other debts -€1,897
down €1,897 (-24.2%), from €7,831 to €5,934
- Profit (loss) carried forward -€1,421
down €1,421 (-9.0%), from €15,837 to €14,416
- Tax, wage and social debts -€1,123
down €1,123 (-11.6%), from €9,711 to €8,588
of which Remuneration and social security: -€2,000
- Trade debts +€737
up €737 (+8.8%), from €8,389 to €9,127
- Gross operating margin -€21,150
down €21,150 (-78.6%), from €26,906 to €5,756
- Depreciation -€2,574
down €2,574 (-44.2%), from €5,829 to €3,254
- Taxes -€2,375
down €2,375 (-59.6%), from €3,982 to €1,607
- Financial charges +€636
up €636 (+99.2%), from €641 to €1,278
- Other operating charges +€421
up €421 (+68.2%), from €617 to €1,038
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 | €55,003 | €48,065 | -€6,938 | -12.6% |
| Fixed assets | 21/28 | €3,174 | €2,820 | -€353 | -11.1% |
| Tangible fixed assets | 22/27 | €3,174 | €2,820 | -€353 | -11.1% |
| Plant, machinery and equipment | 23 | - | €1,145 | +€1,145 | |
| Furniture and vehicles | 24 | - | €1,675 | +€1,675 | |
| Leasing and similar rights | 25 | €3,174 | - | -€3,174 | |
| Current assets | 29/58 | €51,830 | €45,245 | -€6,585 | -12.7% |
| Stocks and contracts in progress | 3 | €10,719 | €16,978 | +€6,259 | +58.4% |
| Stocks | 30/36 | €10,719 | €16,978 | +€6,259 | +58.4% |
| Amounts receivable within one year | 40/41 | €26,683 | €9,795 | -€16,889 | -63.3% |
| Trade receivables | 40 | €26,683 | €9,477 | -€17,207 | -64.5% |
| Other amounts receivable | 41 | - | €318 | +€318 | |
| Cash at bank and in hand | 54/58 | €14,428 | €18,472 | +€4,044 | +28.0% |
| Total equity and liabilities | 10/49 | €55,003 | €48,065 | -€6,938 | -12.6% |
| Equity | 10/15 | €25,837 | €24,416 | -€1,421 | -5.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,837 | €14,416 | -€1,421 | -9.0% |
| Amounts payable | 17/49 | €29,166 | €23,649 | -€5,517 | -18.9% |
| Amounts payable within one year | 42/48 | €29,166 | €23,649 | -€5,517 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €3,235 | - | -€3,235 | |
| Trade debts | 44 | €8,389 | €9,127 | +€737 | +8.8% |
| Suppliers | 440/4 | €8,389 | €9,127 | +€737 | +8.8% |
| Taxes, remuneration and social security | 45 | €9,711 | €8,588 | -€1,123 | -11.6% |
| Taxes | 450/3 | €5,711 | €6,588 | +€877 | +15.4% |
| Remuneration and social security | 454/9 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Other amounts payable | 47/48 | €7,831 | €5,934 | -€1,897 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,829 | €3,254 | -€2,574 | -44.2% |
| Other operating charges | 640/8 | €617 | €1,038 | +€421 | +68.2% |
| Gross operating margin | 9900 | €26,906 | €5,756 | -€21,150 | -78.6% |
| Operating profit (loss) | 9901 | €20,460 | €1,464 | -€18,997 | -92.8% |
| Financial charges | 65/66B | €641 | €1,278 | +€636 | +99.2% |
| Recurring financial charges | 65 | €641 | €1,278 | +€636 | +99.2% |
| Profit (loss) for the period before taxes | 9903 | €19,819 | €186 | -€19,633 | -99.1% |
| Income taxes | 67/77 | €3,982 | €1,607 | -€2,375 | -59.6% |
| Profit (loss) for the period | 9904 | €15,837 | -€1,421 | -€17,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,837 | -€1,421 | -€17,258 |
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 6 October 2026 via checked.be.