OLYMPIA: 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.
OLYMPIA
Largest movements
- Intangible fixed assets +€93,664
new in 2025: €93,664
- Cash +€16,780
up €16,780 (+46.3%), from €36,208 to €52,988
mainly Net result for the year (+€110,257) and Trade debts (+€40,181)
- Deferred charges and accrued income +€4,292
new in 2025: €4,292
- Profit (loss) carried forward +€110,257
up €110,257 (+35.6%), from -€309,574 to -€199,317
- Trade debts +€40,181
up €40,181 (+43.3%), from €92,880 to €133,061
- Debts after one year -€33,843
down €33,843 (-21.3%), from €159,113 to €125,270
- Financial income +€111,289
new in 2025: €111,289
of which Financial income: +€111,289
- Gross operating margin +€84,570
up €84,570 (+68.5%), from €123,425 to €207,995
- Depreciation +€17,880
up €17,880 (+90.5%), from €19,758 to €37,639
- Staff costs +€7,768
up €7,768 (+5.0%), from €154,336 to €162,103
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 | €243,914 | €360,541 | +€116,627 | +47.8% |
| Fixed assets | 21/28 | €136,089 | €229,666 | +€93,576 | +68.8% |
| Intangible fixed assets | 21 | - | €93,664 | +€93,664 | |
| Tangible fixed assets | 22/27 | €136,089 | €136,002 | -€88 | -0.1% |
| Plant, machinery and equipment | 23 | €56,044 | €74,892 | +€18,848 | +33.6% |
| Furniture and vehicles | 24 | €17,441 | €13,081 | -€4,360 | -25.0% |
| Other tangible fixed assets | 26 | €62,604 | €48,028 | -€14,575 | -23.3% |
| Current assets | 29/58 | €107,825 | €130,875 | +€23,051 | +21.4% |
| Amounts receivable within one year | 40/41 | €71,616 | €73,595 | +€1,979 | +2.8% |
| Other amounts receivable | 41 | €71,616 | €73,595 | +€1,979 | +2.8% |
| Cash at bank and in hand | 54/58 | €36,208 | €52,988 | +€16,780 | +46.3% |
| Deferred charges and accrued income | 490/1 | - | €4,292 | +€4,292 | |
| Total equity and liabilities | 10/49 | €243,914 | €360,541 | +€116,627 | +47.8% |
| Equity | 10/15 | -€149,574 | -€39,317 | +€110,257 | +73.7% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€309,574 | -€199,317 | +€110,257 | +35.6% |
| Amounts payable | 17/49 | €393,488 | €399,858 | +€6,370 | +1.6% |
| Amounts payable after more than one year | 17 | €159,113 | €125,270 | -€33,843 | -21.3% |
| Financial debts | 170/4 | €159,113 | €125,270 | -€33,843 | -21.3% |
| Amounts payable within one year | 42/48 | €234,375 | €274,588 | +€40,213 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €32,507 | €33,843 | +€1,336 | +4.1% |
| Trade debts | 44 | €92,880 | €133,061 | +€40,181 | +43.3% |
| Suppliers | 440/4 | €92,880 | €133,061 | +€40,181 | +43.3% |
| Advances received on contracts in progress | 46 | €59,381 | €56,348 | -€3,033 | -5.1% |
| Taxes, remuneration and social security | 45 | €22,820 | €22,500 | -€320 | -1.4% |
| Taxes | 450/3 | - | €6,099 | +€6,099 | |
| Remuneration and social security | 454/9 | €22,820 | €16,401 | -€6,419 | -28.1% |
| Other amounts payable | 47/48 | €26,787 | €28,836 | +€2,049 | +7.6% |
| Remuneration, social security and pensions | 62 | €154,336 | €162,103 | +€7,768 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,758 | €37,639 | +€17,880 | +90.5% |
| Other operating charges | 640/8 | €949 | €1,332 | +€382 | +40.3% |
| Gross operating margin | 9900 | €123,425 | €207,995 | +€84,570 | +68.5% |
| Operating profit (loss) | 9901 | -€51,618 | €6,921 | +€58,540 | |
| Financial income | 75/76B | - | €111,289 | +€111,289 | |
| Recurring financial income | 75 | - | €111,289 | +€111,289 | |
| Non-recurring financial income | 76B | - | €111,289 | +€111,289 | |
| Financial charges | 65/66B | €8,776 | €7,953 | -€823 | -9.4% |
| Recurring financial charges | 65 | €8,776 | €7,953 | -€823 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€60,395 | €110,257 | +€170,651 | |
| Profit (loss) for the period | 9904 | -€60,395 | €110,257 | +€170,651 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,395 | €110,257 | +€170,651 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.