OLYMPE CONSTRUCT: 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.
OLYMPE CONSTRUCT
Largest movements
- Receivables within one year +€22,149
up €22,149 (+84.5%), from €26,218 to €48,367
of which Trade receivables: +€12,284
- Tangible fixed assets +€9,194
up €9,194 (+263.5%), from €3,489 to €12,683
- Cash +€648
up €648 (+85.3%), from €760 to €1,408
mainly Short-term financial debts (+€18,302) and Other debts (+€11,468)
- Short-term financial debts +€18,302
new in 2023: €18,302
- Other debts +€11,468
up €11,468 (+50.8%), from €22,557 to €34,025
- Profit (loss) carried forward +€4,664
up €4,664 (+131.8%), from €3,538 to €8,202
- Trade debts -€2,860
no longer reported in 2023 (was €2,860)
- Write-downs -€48,750
no longer reported in 2023 (was €48,750)
- Gross operating margin -€43,423
down €43,423 (-80.0%), from €54,252 to €10,829
- Staff costs +€2,112
new in 2023: €2,112
- Depreciation +€946
up €946 (+147.1%), from €643 to €1,589
- Financial charges +€759
up €759 (+441.3%), from €172 to €931
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,467 | €62,458 | +€31,991 | +105.0% |
| Fixed assets | 21/28 | €3,489 | €12,683 | +€9,194 | +263.5% |
| Tangible fixed assets | 22/27 | €3,489 | €12,683 | +€9,194 | +263.5% |
| Furniture and vehicles | 24 | €3,489 | €12,683 | +€9,194 | +263.5% |
| Current assets | 29/58 | €26,978 | €49,775 | +€22,797 | +84.5% |
| Amounts receivable within one year | 40/41 | €26,218 | €48,367 | +€22,149 | +84.5% |
| Trade receivables | 40 | €24,449 | €36,733 | +€12,284 | +50.2% |
| Other amounts receivable | 41 | €1,769 | €11,634 | +€9,865 | +557.7% |
| Cash at bank and in hand | 54/58 | €760 | €1,408 | +€648 | +85.3% |
| Total equity and liabilities | 10/49 | €30,467 | €62,458 | +€31,991 | +105.0% |
| Equity | 10/15 | €4,118 | €8,782 | +€4,664 | +113.3% |
| Contributions | 10/11 | €580 | €580 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,538 | €8,202 | +€4,664 | +131.8% |
| Amounts payable | 17/49 | €26,349 | €53,676 | +€27,327 | +103.7% |
| Amounts payable within one year | 42/48 | €26,349 | €53,676 | +€27,327 | +103.7% |
| Financial debts | 43 | - | €18,302 | +€18,302 | |
| Credit institutions | 430/8 | - | €18,302 | +€18,302 | |
| Trade debts | 44 | €2,860 | - | -€2,860 | |
| Suppliers | 440/4 | €2,860 | - | -€2,860 | |
| Taxes, remuneration and social security | 45 | €932 | €1,349 | +€417 | +44.7% |
| Taxes | 450/3 | €932 | €1,349 | +€417 | +44.7% |
| Other amounts payable | 47/48 | €22,557 | €34,025 | +€11,468 | +50.8% |
| Remuneration, social security and pensions | 62 | - | €2,112 | +€2,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €643 | €1,589 | +€946 | +147.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €48,750 | - | -€48,750 | |
| Other operating charges | 640/8 | €235 | €184 | -€51 | -21.7% |
| Gross operating margin | 9900 | €54,252 | €10,829 | -€43,423 | -80.0% |
| Operating profit (loss) | 9901 | €4,624 | €6,944 | +€2,320 | +50.2% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €172 | €931 | +€759 | +441.3% |
| Recurring financial charges | 65 | €172 | €931 | +€759 | +441.3% |
| Profit (loss) for the period before taxes | 9903 | €4,470 | €6,013 | +€1,543 | +34.5% |
| Income taxes | 67/77 | €932 | €1,349 | +€417 | +44.7% |
| Profit (loss) for the period | 9904 | €3,538 | €4,664 | +€1,126 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,538 | €4,664 | +€1,126 | +31.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.