OLub: 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.
OLub
Largest movements
- Financial fixed assets +€100,500
up €100,500 (+3.1%), from €3.3m to €3.4m
- Profit (loss) carried forward +€639,816
up €639,816 (+26.4%), from €2.4m to €3.1m
- Debts after one year -€247,718
down €247,718 (-85.0%), from €291,564 to €43,846
- Current portion of long-term debt -€228,131
down €228,131 (-45.6%), from €500,227 to €272,095
- Other debts -€43,715
down €43,715 (-42.7%), from €102,423 to €58,709
- Financial charges -€15,980
down €15,980 (-49.1%), from €32,527 to €16,546
- Depreciation +€15,888
up €15,888 (+165%), from €9,608 to €25,496
- Financial income -€15,221
down €15,221 (-2.3%), from €665,325 to €650,104
- Gross operating margin +€3,220
up €3,220 (+10.7%), from €30,164 to €33,384
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 | €3,405,398 | €3,518,558 | +€113,160 | +3.3% |
| Fixed assets | 21/28 | €3,369,784 | €3,480,033 | +€110,248 | +3.3% |
| Tangible fixed assets | 22/27 | €97,036 | €106,785 | +€9,748 | +10.0% |
| Land and buildings | 22 | €93,355 | €83,158 | -€10,197 | -10.9% |
| Furniture and vehicles | 24 | €3,681 | €23,626 | +€19,945 | +542% |
| Financial fixed assets | 28 | €3,272,748 | €3,373,248 | +€100,500 | +3.1% |
| Current assets | 29/58 | €35,614 | €38,525 | +€2,911 | +8.2% |
| Amounts receivable within one year | 40/41 | €26,796 | €25,574 | -€1,222 | -4.6% |
| Trade receivables | 40 | - | €13,310 | +€13,310 | |
| Other amounts receivable | 41 | €26,796 | €12,264 | -€14,532 | -54.2% |
| Cash at bank and in hand | 54/58 | €8,818 | €12,951 | +€4,134 | +46.9% |
| Total equity and liabilities | 10/49 | €3,405,398 | €3,518,558 | +€113,160 | +3.3% |
| Equity | 10/15 | €2,485,853 | €3,125,668 | +€639,816 | +25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,315 | €47,315 | = | 0.0% |
| Distributable reserves | 133 | €47,315 | €47,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,419,938 | €3,059,754 | +€639,816 | +26.4% |
| Amounts payable | 17/49 | €919,545 | €392,890 | -€526,656 | -57.3% |
| Amounts payable after more than one year | 17 | €291,564 | €43,846 | -€247,718 | -85.0% |
| Financial debts | 170/4 | €291,564 | €43,846 | -€247,718 | -85.0% |
| Amounts payable within one year | 42/48 | €627,981 | €349,043 | -€278,938 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €500,227 | €272,095 | -€228,131 | -45.6% |
| Trade debts | 44 | €6,473 | €11,506 | +€5,033 | +77.8% |
| Suppliers | 440/4 | €6,473 | €11,506 | +€5,033 | +77.8% |
| Taxes, remuneration and social security | 45 | €18,858 | €6,733 | -€12,125 | -64.3% |
| Taxes | 450/3 | €18,858 | €6,733 | -€12,125 | -64.3% |
| Other amounts payable | 47/48 | €102,423 | €58,709 | -€43,715 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,608 | €25,496 | +€15,888 | +165% |
| Other operating charges | 640/8 | €1,040 | €1,362 | +€322 | +31.0% |
| Gross operating margin | 9900 | €30,164 | €33,384 | +€3,220 | +10.7% |
| Operating profit (loss) | 9901 | €19,516 | €6,526 | -€12,990 | -66.6% |
| Financial income | 75/76B | €665,325 | €650,104 | -€15,221 | -2.3% |
| Recurring financial income | 75 | €665,325 | €650,104 | -€15,221 | -2.3% |
| Financial charges | 65/66B | €32,527 | €16,546 | -€15,980 | -49.1% |
| Recurring financial charges | 65 | €32,527 | €16,546 | -€15,980 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €652,314 | €640,084 | -€12,230 | -1.9% |
| Income taxes | 67/77 | €271 | €268 | -€3 | -1.1% |
| Profit (loss) for the period | 9904 | €652,043 | €639,816 | -€12,227 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €652,043 | €639,816 | -€12,227 | -1.9% |
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 17 October 2026 via checked.be.