OLYMPIA SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets -€326,714
down €326,714 (-27.9%), from €1.2m to €845,654
of which Plant, machinery and equipment: -€253,577
- Receivables within one year +€228,159
up €228,159 (+2,916%), from €7,824 to €235,982
of which Trade receivables: +€235,213
- Trade debts +€128,990
up €128,990 (+53.5%), from €241,250 to €370,240
- Debts after one year -€99,500
down €99,500 (-32.3%), from €308,407 to €208,907
- Reserves -€89,572
down €89,572 (-40.1%), from €223,400 to €133,828
of which Tax-exempt reserves: -€89,572
- Provisions -€29,857
down €29,857 (-47.9%), from €62,299 to €32,441
- Profit (loss) carried forward +€21,368
up €21,368 (+12.5%), from €171,157 to €192,525
- Gross operating margin +€79,644
up €79,644 (+65.5%), from €121,639 to €201,283
- Depreciation -€18,712
down €18,712 (-8.3%), from €224,367 to €205,655
- Other operating charges +€6,353
up €6,353 (+23.2%), from €27,382 to €33,735
- Financial charges -€5,929
down €5,929 (-31.5%), from €18,814 to €12,885
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 | €1,189,043 | €1,088,923 | -€100,119 | -8.4% |
| Fixed assets | 21/28 | €1,172,368 | €845,654 | -€326,714 | -27.9% |
| Tangible fixed assets | 22/27 | €1,172,368 | €845,654 | -€326,714 | -27.9% |
| Land and buildings | 22 | €494,278 | €421,141 | -€73,137 | -14.8% |
| Plant, machinery and equipment | 23 | €678,091 | €424,513 | -€253,577 | -37.4% |
| Current assets | 29/58 | €16,675 | €243,270 | +€226,595 | +1,359% |
| Amounts receivable within one year | 40/41 | €7,824 | €235,982 | +€228,159 | +2,916% |
| Trade receivables | 40 | €0 | €235,213 | +€235,213 | |
| Other amounts receivable | 41 | €7,824 | €770 | -€7,054 | -90.2% |
| Cash at bank and in hand | 54/58 | €3,186 | €99 | -€3,087 | -96.9% |
| Deferred charges and accrued income | 490/1 | €5,665 | €7,188 | +€1,523 | +26.9% |
| Total equity and liabilities | 10/49 | €1,189,043 | €1,088,923 | -€100,119 | -8.4% |
| Equity | 10/15 | €456,057 | €387,853 | -€68,204 | -15.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €223,400 | €133,828 | -€89,572 | -40.1% |
| Non-distributable reserves | 130/1 | €36,504 | €36,504 | = | 0.0% |
| Legal reserve | 130 | €36,504 | €36,504 | = | 0.0% |
| Tax-exempt reserves | 132 | €186,896 | €97,324 | -€89,572 | -47.9% |
| Profit (loss) carried forward | 14 | €171,157 | €192,525 | +€21,368 | +12.5% |
| Provisions and deferred taxes | 16 | €62,299 | €32,441 | -€29,857 | -47.9% |
| Deferred taxes | 168 | €62,299 | €32,441 | -€29,857 | -47.9% |
| Amounts payable | 17/49 | €670,687 | €668,629 | -€2,058 | -0.3% |
| Amounts payable after more than one year | 17 | €308,407 | €208,907 | -€99,500 | -32.3% |
| Financial debts | 170/4 | €308,407 | €208,907 | -€99,500 | -32.3% |
| Amounts payable within one year | 42/48 | €362,280 | €459,723 | +€97,442 | +26.9% |
| Trade debts | 44 | €241,250 | €370,240 | +€128,990 | +53.5% |
| Suppliers | 440/4 | €241,250 | €370,240 | +€128,990 | +53.5% |
| Advances received on contracts in progress | 46 | €106,676 | €89,483 | -€17,193 | -16.1% |
| Taxes, remuneration and social security | 45 | €14,354 | €0 | -€14,354 | -100% |
| Taxes | 450/3 | €14,354 | €0 | -€14,354 | -100% |
| Non-recurring operating income | 76A | €0 | €6,863 | +€6,863 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,367 | €205,655 | -€18,712 | -8.3% |
| Other operating charges | 640/8 | €27,382 | €33,735 | +€6,353 | +23.2% |
| Non-recurring operating charges | 66A | - | €47,088 | +€47,088 | |
| Gross operating margin | 9900 | €121,639 | €201,283 | +€79,644 | +65.5% |
| Operating profit (loss) | 9901 | -€130,110 | -€85,195 | +€44,915 | +34.5% |
| Financial income | 75/76B | €436 | €18 | -€418 | -95.9% |
| Recurring financial income | 75 | €436 | €18 | -€418 | -95.9% |
| Financial charges | 65/66B | €18,814 | €12,885 | -€5,929 | -31.5% |
| Recurring financial charges | 65 | €18,814 | €12,885 | -€5,929 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€148,488 | -€98,062 | +€50,426 | +34.0% |
| Transfer from deferred taxes | 780 | €36,453 | €29,857 | -€6,595 | -18.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€112,035 | -€68,204 | +€43,831 | +39.1% |
| Transfer from tax-exempt reserves | 789 | €109,359 | €89,572 | -€19,786 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,676 | €21,368 | +€24,045 |
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 15 October 2026 via checked.be.