Olva: 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.
Olva
Largest movements
- Cash -€143,372
down €143,372 (-80.3%), from €178,598 to €35,226
mainly Other debts (-€82,545) and Current investments (-€64,412)
- Current investments +€64,412
up €64,412 (+25.8%), from €250,052 to €314,464
- Tangible fixed assets -€40,607
down €40,607 (-5.3%), from €768,349 to €727,741
of which Land and buildings: -€39,708
- Other debts -€82,545
down €82,545 (-43.1%), from €191,577 to €109,032
- Profit (loss) carried forward -€30,313
down €30,313 (-6.4%), from €475,574 to €445,261
- Financial income -€484,873
down €484,873 (-91.9%), from €527,765 to €42,891
of which Non-recurring financial income: -€518,231
- Taxes -€80,237
down €80,237 (-100%), from €80,237 to €0
- Depreciation -€8,640
down €8,640 (-17.5%), from €49,248 to €40,607
- Other operating charges -€4,308
down €4,308 (-32.4%), from €13,298 to €8,991
- Gross operating margin +€3,593
up €3,593 (+35.0%), from -€10,268 to -€6,674
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 | €1,201,761 | €1,083,403 | -€118,358 | -9.8% |
| Fixed assets | 21/28 | €768,349 | €727,741 | -€40,607 | -5.3% |
| Tangible fixed assets | 22/27 | €768,349 | €727,741 | -€40,607 | -5.3% |
| Land and buildings | 22 | €764,521 | €724,814 | -€39,708 | -5.2% |
| Plant, machinery and equipment | 23 | €3,133 | €2,532 | -€601 | -19.2% |
| Furniture and vehicles | 24 | €695 | €396 | -€299 | -43.0% |
| Current assets | 29/58 | €433,413 | €355,662 | -€77,751 | -17.9% |
| Amounts receivable within one year | 40/41 | €4,763 | €5,971 | +€1,208 | +25.4% |
| Other amounts receivable | 41 | €4,763 | €5,971 | +€1,208 | +25.4% |
| Current investments | 50/53 | €250,052 | €314,464 | +€64,412 | +25.8% |
| Cash at bank and in hand | 54/58 | €178,598 | €35,226 | -€143,372 | -80.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,201,761 | €1,083,403 | -€118,358 | -9.8% |
| Equity | 10/15 | €996,542 | €966,229 | -€30,313 | -3.0% |
| Contributions | 10/11 | €510,800 | €510,800 | = | 0.0% |
| Reserves | 13 | €10,168 | €10,168 | = | 0.0% |
| Distributable reserves | 133 | €10,168 | €10,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | €475,574 | €445,261 | -€30,313 | -6.4% |
| Amounts payable | 17/49 | €205,219 | €117,174 | -€88,045 | -42.9% |
| Amounts payable within one year | 42/48 | €191,697 | €109,187 | -€82,510 | -43.0% |
| Trade debts | 44 | €120 | €155 | +€35 | +28.9% |
| Suppliers | 440/4 | €120 | €155 | +€35 | +28.9% |
| Other amounts payable | 47/48 | €191,577 | €109,032 | -€82,545 | -43.1% |
| Accrued charges and deferred income | 492/3 | €13,522 | €7,987 | -€5,535 | -40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,248 | €40,607 | -€8,640 | -17.5% |
| Other operating charges | 640/8 | €13,298 | €8,991 | -€4,308 | -32.4% |
| Gross operating margin | 9900 | -€10,268 | -€6,674 | +€3,593 | +35.0% |
| Operating profit (loss) | 9901 | -€72,814 | -€56,272 | +€16,541 | +22.7% |
| Financial income | 75/76B | €527,765 | €42,891 | -€484,873 | -91.9% |
| Recurring financial income | 75 | €9,534 | €42,891 | +€33,357 | +350% |
| Non-recurring financial income | 76B | €518,231 | €0 | -€518,231 | -100% |
| Financial charges | 65/66B | €14,047 | €16,932 | +€2,885 | +20.5% |
| Recurring financial charges | 65 | €14,047 | €16,932 | +€2,885 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €440,904 | -€30,313 | -€471,217 | |
| Income taxes | 67/77 | €80,237 | €0 | -€80,237 | -100% |
| Profit (loss) for the period | 9904 | €360,667 | -€30,313 | -€390,980 | |
| Profit (loss) for the period to be appropriated | 9905 | €360,667 | -€30,313 | -€390,980 |
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 16 October 2026 via checked.be.