OLVIM: 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.
OLVIM
Largest movements
- Cash -€4,102
down €4,102 (-9.8%), from €42,007 to €37,905
mainly Net result for the year (-€3,615) and Receivables within one year (-€2,360)
- Receivables within one year +€2,360
up €2,360 (+100.9%), from €2,340 to €4,700
- Tangible fixed assets -€1,874
down €1,874 (-25.7%), from €7,292 to €5,419
of which Assets under construction and advance payments: -€4,345
- Profit (loss) carried forward -€3,615
down €3,615 (-722.6%), from -€500 to -€4,116
- Gross operating margin -€2,237
down €2,237, from €1,446 to -€791
- Depreciation +€873
up €873 (+56.8%), from €1,536 to €2,410
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 | €51,700 | €48,084 | -€3,615 | -7.0% |
| Fixed assets | 21/28 | €7,352 | €5,479 | -€1,874 | -25.5% |
| Tangible fixed assets | 22/27 | €7,292 | €5,419 | -€1,874 | -25.7% |
| Furniture and vehicles | 24 | €131 | €480 | +€349 | +265.9% |
| Other tangible fixed assets | 26 | €2,817 | €4,939 | +€2,123 | +75.4% |
| Assets under construction and advance payments | 27 | €4,345 | €0 | -€4,345 | -100.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €44,347 | €42,605 | -€1,742 | -3.9% |
| Amounts receivable within one year | 40/41 | €2,340 | €4,700 | +€2,360 | +100.9% |
| Trade receivables | 40 | €2,340 | €4,700 | +€2,360 | +100.9% |
| Cash at bank and in hand | 54/58 | €42,007 | €37,905 | -€4,102 | -9.8% |
| Total equity and liabilities | 10/49 | €51,700 | €48,084 | -€3,615 | -7.0% |
| Equity | 10/15 | €51,700 | €48,084 | -€3,615 | -7.0% |
| Contributions | 10/11 | €52,200 | €52,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€500 | -€4,116 | -€3,615 | -722.6% |
| Amounts payable | 17/49 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,536 | €2,410 | +€873 | +56.8% |
| Other operating charges | 640/8 | €387 | €385 | -€2 | -0.6% |
| Gross operating margin | 9900 | €1,446 | -€791 | -€2,237 | |
| Operating profit (loss) | 9901 | -€477 | -€3,585 | -€3,108 | -651.0% |
| Financial charges | 65/66B | €24 | €30 | +€6 | +25.0% |
| Recurring financial charges | 65 | €24 | €30 | +€6 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | -€501 | -€3,615 | -€3,114 | -621.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€501 | -€3,615 | -€3,114 | -621.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€501 | -€3,615 | -€3,114 | -621.1% |
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 12 October 2026 via checked.be.