OLTZ DESIGN: 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.
OLTZ DESIGN
Largest movements
- Cash +€95,005
up €95,005 (+105%), from €90,070 to €185,075
mainly Investment in fixed assets (net) (+€49,635) and Net result for the year (+€46,146)
- Tangible fixed assets -€73,381
down €73,381 (-67.6%), from €108,629 to €35,248
of which Furniture and vehicles: -€51,308
- Receivables within one year -€9,743
down €9,743 (-68.2%), from €14,287 to €4,544
of which Other amounts receivable: -€8,989
- Profit (loss) carried forward +€46,146
up €46,146 (+38.2%), from €120,895 to €167,041
- Current portion of long-term debt -€17,592
down €17,592 (-54.1%), from €32,537 to €14,945
- Debts after one year -€14,945
down €14,945 (-49.8%), from €29,982 to €15,037
- Trade debts -€5,816
no longer reported in 2025 (was €5,816)
- Tax, wage and social debts +€3,881
up €3,881 (+38.9%), from €9,975 to €13,856
of which Remuneration and social security: +€3,832
- Gross operating margin +€62,619
up €62,619 (+29.5%), from €212,221 to €274,840
- Staff costs -€46,589
down €46,589 (-18.8%), from €247,533 to €200,944
- Depreciation -€7,787
down €7,787 (-24.7%), from €31,533 to €23,746
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.
Derived cash bridge
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 | €219,146 | €232,253 | +€13,107 | +6.0% |
| Fixed assets | 21/28 | €108,629 | €35,248 | -€73,381 | -67.6% |
| Tangible fixed assets | 22/27 | €108,629 | €35,248 | -€73,381 | -67.6% |
| Land and buildings | 22 | €16,224 | €2,824 | -€13,400 | -82.6% |
| Plant, machinery and equipment | 23 | €4,478 | €2,405 | -€2,073 | -46.3% |
| Furniture and vehicles | 24 | €52,931 | €1,623 | -€51,308 | -96.9% |
| Leasing and similar rights | 25 | €28,581 | €23,385 | -€5,196 | -18.2% |
| Other tangible fixed assets | 26 | €6,415 | €5,011 | -€1,404 | -21.9% |
| Current assets | 29/58 | €110,517 | €197,005 | +€86,488 | +78.3% |
| Stocks and contracts in progress | 3 | €3,711 | €4,868 | +€1,157 | +31.2% |
| Stocks | 30/36 | €3,711 | €4,868 | +€1,157 | +31.2% |
| Amounts receivable within one year | 40/41 | €14,287 | €4,544 | -€9,743 | -68.2% |
| Trade receivables | 40 | €2,371 | €1,617 | -€754 | -31.8% |
| Other amounts receivable | 41 | €11,916 | €2,927 | -€8,989 | -75.4% |
| Cash at bank and in hand | 54/58 | €90,070 | €185,075 | +€95,005 | +105% |
| Deferred charges and accrued income | 490/1 | €2,449 | €2,518 | +€69 | +2.8% |
| Total equity and liabilities | 10/49 | €219,146 | €232,253 | +€13,107 | +6.0% |
| Equity | 10/15 | €135,155 | €181,301 | +€46,146 | +34.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,895 | €167,041 | +€46,146 | +38.2% |
| Amounts payable | 17/49 | €83,991 | €50,952 | -€33,039 | -39.3% |
| Amounts payable after more than one year | 17 | €29,982 | €15,037 | -€14,945 | -49.8% |
| Financial debts | 170/4 | €29,982 | €15,037 | -€14,945 | -49.8% |
| Amounts payable within one year | 42/48 | €54,009 | €35,915 | -€18,094 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €32,537 | €14,945 | -€17,592 | -54.1% |
| Trade debts | 44 | €5,816 | - | -€5,816 | |
| Suppliers | 440/4 | €5,816 | - | -€5,816 | |
| Taxes, remuneration and social security | 45 | €9,975 | €13,856 | +€3,881 | +38.9% |
| Taxes | 450/3 | €2,543 | €2,592 | +€49 | +1.9% |
| Remuneration and social security | 454/9 | €7,432 | €11,264 | +€3,832 | +51.6% |
| Other amounts payable | 47/48 | €5,681 | €7,114 | +€1,433 | +25.2% |
| Non-recurring operating income | 76A | - | €3,990 | +€3,990 | |
| Remuneration, social security and pensions | 62 | €247,533 | €200,944 | -€46,589 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,533 | €23,746 | -€7,787 | -24.7% |
| Other operating charges | 640/8 | €3,493 | €2,212 | -€1,281 | -36.7% |
| Gross operating margin | 9900 | €212,221 | €274,840 | +€62,619 | +29.5% |
| Operating profit (loss) | 9901 | -€70,338 | €47,938 | +€118,276 | |
| Financial income | 75/76B | - | €529 | +€529 | |
| Recurring financial income | 75 | - | €529 | +€529 | |
| Financial charges | 65/66B | €1,258 | €2,422 | +€1,164 | +92.5% |
| Recurring financial charges | 65 | €1,258 | €2,221 | +€963 | +76.6% |
| Non-recurring financial charges | 66B | - | €201 | +€201 | |
| Profit (loss) for the period before taxes | 9903 | -€71,596 | €46,045 | +€117,641 | |
| Income taxes | 67/77 | -€462 | -€101 | +€361 | +78.1% |
| Profit (loss) for the period | 9904 | -€71,134 | €46,146 | +€117,280 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,134 | €46,146 | +€117,280 |
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 24 October 2026 via checked.be.