OLYMPIA: 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.
OLYMPIA
Largest movements
- Financial fixed assets +€228,539
new in 2025: €228,539
- Tangible fixed assets -€64,588
down €64,588 (-8.2%), from €790,368 to €725,780
of which Land and buildings: -€50,834
- Stocks and contracts +€22,578
new in 2025: €22,578
- Receivables within one year +€19,485
up €19,485 (+31.0%), from €62,761 to €82,246
of which Other amounts receivable: +€25,286
- Debts after one year +€123,453
up €123,453 (+38.8%), from €317,835 to €441,289
- Profit (loss) carried forward +€41,967
up €41,967, from -€41,967 to €0
- Reserves +€37,300
up €37,300 (+329%), from €11,343 to €48,643
of which Distributable reserves: +€35,435
- Short-term financial debts -€30,000
down €30,000 (-50.0%), from €60,000 to €30,000
- Current portion of long-term debt +€18,934
up €18,934 (+17.4%), from €108,524 to €127,457
- Gross operating margin -€6,347
down €6,347 (-2.8%), from €227,832 to €221,485
- Depreciation +€4,312
up €4,312 (+6.4%), from €67,289 to €71,601
- Financial income +€2,483
up €2,483 (+188%), from €1,319 to €3,802
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 | €865,114 | €1,071,229 | +€206,115 | +23.8% |
| Fixed assets | 21/28 | €790,368 | €954,318 | +€163,951 | +20.7% |
| Tangible fixed assets | 22/27 | €790,368 | €725,780 | -€64,588 | -8.2% |
| Land and buildings | 22 | €658,727 | €607,892 | -€50,834 | -7.7% |
| Plant, machinery and equipment | 23 | €131,641 | €117,013 | -€14,628 | -11.1% |
| Furniture and vehicles | 24 | - | €874 | +€874 | |
| Financial fixed assets | 28 | - | €228,539 | +€228,539 | |
| Current assets | 29/58 | €74,746 | €116,911 | +€42,164 | +56.4% |
| Stocks and contracts in progress | 3 | - | €22,578 | +€22,578 | |
| Contracts in progress | 37 | - | €22,578 | +€22,578 | |
| Amounts receivable within one year | 40/41 | €62,761 | €82,246 | +€19,485 | +31.0% |
| Trade receivables | 40 | €62,562 | €56,761 | -€5,802 | -9.3% |
| Other amounts receivable | 41 | €199 | €25,485 | +€25,286 | +12,707% |
| Cash at bank and in hand | 54/58 | €8,969 | €7,188 | -€1,782 | -19.9% |
| Deferred charges and accrued income | 490/1 | €3,016 | €4,899 | +€1,884 | +62.5% |
| Total equity and liabilities | 10/49 | €865,114 | €1,071,229 | +€206,115 | +23.8% |
| Equity | 10/15 | €309,376 | €388,643 | +€79,267 | +25.6% |
| Contributions | 10/11 | €340,000 | €340,000 | = | 0.0% |
| Capital | 10 | €340,000 | €340,000 | = | 0.0% |
| Issued capital | 100 | €340,000 | €340,000 | = | 0.0% |
| Reserves | 13 | €11,343 | €48,643 | +€37,300 | +329% |
| Non-distributable reserves | 130/1 | €9,916 | €11,781 | +€1,865 | +18.8% |
| Legal reserve | 130 | €9,916 | €11,781 | +€1,865 | +18.8% |
| Distributable reserves | 133 | €1,428 | €36,863 | +€35,435 | +2,482% |
| Profit (loss) carried forward | 14 | -€41,967 | €0 | +€41,967 | |
| Amounts payable | 17/49 | €555,738 | €682,586 | +€126,848 | +22.8% |
| Amounts payable after more than one year | 17 | €317,835 | €441,289 | +€123,453 | +38.8% |
| Financial debts | 170/4 | €317,835 | €441,289 | +€123,453 | +38.8% |
| Amounts payable within one year | 42/48 | €234,671 | €235,062 | +€391 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €108,524 | €127,457 | +€18,934 | +17.4% |
| Financial debts | 43 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Credit institutions | 430/8 | €60,000 | €30,000 | -€30,000 | -50.0% |
| Trade debts | 44 | €25,027 | €39,277 | +€14,249 | +56.9% |
| Suppliers | 440/4 | €25,027 | €39,277 | +€14,249 | +56.9% |
| Taxes, remuneration and social security | 45 | €16,602 | €13,419 | -€3,183 | -19.2% |
| Taxes | 450/3 | €14,102 | €10,802 | -€3,300 | -23.4% |
| Remuneration and social security | 454/9 | €2,500 | €2,616 | +€117 | +4.7% |
| Other amounts payable | 47/48 | €24,519 | €24,910 | +€391 | +1.6% |
| Accrued charges and deferred income | 492/3 | €3,232 | €6,235 | +€3,003 | +92.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,289 | €71,601 | +€4,312 | +6.4% |
| Other operating charges | 640/8 | €37,633 | €38,387 | +€754 | +2.0% |
| Gross operating margin | 9900 | €227,832 | €221,485 | -€6,347 | -2.8% |
| Operating profit (loss) | 9901 | €122,910 | €111,497 | -€11,413 | -9.3% |
| Financial income | 75/76B | €1,319 | €3,802 | +€2,483 | +188% |
| Recurring financial income | 75 | €1,319 | €3,802 | +€2,483 | +188% |
| Financial charges | 65/66B | €36,045 | €35,837 | -€208 | -0.6% |
| Recurring financial charges | 65 | €36,045 | €35,837 | -€208 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €88,183 | €79,461 | -€8,722 | -9.9% |
| Income taxes | 67/77 | €158 | €194 | +€36 | +22.4% |
| Profit (loss) for the period | 9904 | €88,025 | €79,267 | -€8,757 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €88,025 | €79,267 | -€8,757 | -9.9% |
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 20 October 2026 via checked.be.