OLYMPIC SPORTSWEAR: what changed
What changed
OLYMPIC SPORTSWEAR
NACE 46.496, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€99,092
2024 · €111,796-€12,704
Equity
€542,187
2024 · €543,095-€908
Cash
€215,506
2024 · €353,265-€137,760
Balance sheet total
€723,893
2024 · €730,252-€6,359
Largest movements
Assets
- Cash -€137,760
down €137,760 (-39.0%), from €353,265 to €215,506
mainly Current investments (-€100,000) and Contributions, distributions and other (-€100,000)
- Current investments +€100,000
new in 2025: €100,000
- Tangible fixed assets +€20,732
up €20,732 (+63.0%), from €32,932 to €53,664
of which Furniture and vehicles: +€10,685
- Receivables within one year +€16,387
up €16,387 (+24.6%), from €66,739 to €83,126
of which Trade receivables: +€20,472
Equity and liabilities
- Other debts +€30,000
up €30,000 (+42.9%), from €70,000 to €100,000
- Trade debts -€23,091
down €23,091 (-45.7%), from €50,553 to €27,462
Income statement
- Gross operating margin -€20,223
down €20,223 (-4.8%), from €422,260 to €402,037
- Staff costs -€7,284
down €7,284 (-2.7%), from €265,523 to €258,239
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€111,796
Gross operating margin
-€20,223
Staff costs
+€7,284
Depreciation
-€2,574
Other operating charges
+€1,942
Other operating items
-€1,237
Financial income
+€524
Financial charges
-€1,978
Taxes
+€3,559
Result 2025
€99,092
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€101,512
Investment
-€132,133
Financing
-€107,138
Cash 2024
€353,265
From operations (derived)
+€101,512
Net result for the year
+€99,092
Depreciation
+€11,401
Stocks and contracts
+€6,032
Receivables within one year
-€16,387
Deferred charges and accrued income
-€314
Trade debts
-€23,091
Tax, wage and social debts
-€5,223
Other debts
+€30,000
Investment (derived)
-€132,133
Investment in fixed assets (net)
-€32,133
Current investments
-€100,000
Financing
-€107,138
Current portion of long-term debt
-€7,138
Contributions, distributions and other
-€100,000
Cash 2025
€215,506
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €730,252 | €723,893 | -€6,359 | -0.9% |
| Fixed assets | 21/28 | €32,932 | €53,664 | +€20,732 | +63.0% |
| Tangible fixed assets | 22/27 | €32,932 | €53,664 | +€20,732 | +63.0% |
| Land and buildings | 22 | €13,232 | €17,493 | +€4,261 | +32.2% |
| Plant, machinery and equipment | 23 | €5,726 | €11,513 | +€5,787 | +101% |
| Furniture and vehicles | 24 | €13,974 | €24,659 | +€10,685 | +76.5% |
| Current assets | 29/58 | €697,321 | €670,229 | -€27,091 | -3.9% |
| Stocks and contracts in progress | 3 | €275,924 | €269,892 | -€6,032 | -2.2% |
| Stocks | 30/36 | €275,924 | €269,892 | -€6,032 | -2.2% |
| Amounts receivable within one year | 40/41 | €66,739 | €83,126 | +€16,387 | +24.6% |
| Trade receivables | 40 | €52,115 | €72,587 | +€20,472 | +39.3% |
| Other amounts receivable | 41 | €14,624 | €10,539 | -€4,086 | -27.9% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €353,265 | €215,506 | -€137,760 | -39.0% |
| Deferred charges and accrued income | 490/1 | €1,392 | €1,705 | +€314 | +22.5% |
| Total equity and liabilities | 10/49 | €730,252 | €723,893 | -€6,359 | -0.9% |
| Equity | 10/15 | €543,095 | €542,187 | -€908 | -0.2% |
| Contributions | 10/11 | €394,149 | €394,149 | = | 0.0% |
| Capital | 10 | €394,149 | €394,149 | = | 0.0% |
| Issued capital | 100 | €394,149 | €394,149 | = | 0.0% |
| Reserves | 13 | €148,946 | €148,038 | -€908 | -0.6% |
| Non-distributable reserves | 130/1 | €13,874 | €18,828 | +€4,955 | +35.7% |
| Legal reserve | 130 | €13,874 | €18,828 | +€4,955 | +35.7% |
| Distributable reserves | 133 | €135,072 | €129,210 | -€5,862 | -4.3% |
| Amounts payable | 17/49 | €187,157 | €181,706 | -€5,452 | -2.9% |
| Amounts payable within one year | 42/48 | €187,157 | €181,706 | -€5,452 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €7,138 | - | -€7,138 | |
| Trade debts | 44 | €50,553 | €27,462 | -€23,091 | -45.7% |
| Suppliers | 440/4 | €50,553 | €27,462 | -€23,091 | -45.7% |
| Taxes, remuneration and social security | 45 | €59,467 | €54,244 | -€5,223 | -8.8% |
| Taxes | 450/3 | €5,129 | - | -€5,129 | |
| Remuneration and social security | 454/9 | €54,337 | €54,244 | -€93 | -0.2% |
| Other amounts payable | 47/48 | €70,000 | €100,000 | +€30,000 | +42.9% |
| Non-recurring operating income | 76A | €6,207 | €1,664 | -€4,543 | -73.2% |
| Remuneration, social security and pensions | 62 | €265,523 | €258,239 | -€7,284 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,827 | €11,401 | +€2,574 | +29.2% |
| Other operating charges | 640/8 | €7,313 | €5,371 | -€1,942 | -26.6% |
| Non-recurring operating charges | 66A | - | €1,237 | +€1,237 | |
| Gross operating margin | 9900 | €422,260 | €402,037 | -€20,223 | -4.8% |
| Operating profit (loss) | 9901 | €140,597 | €125,789 | -€14,808 | -10.5% |
| Financial income | 75/76B | €7,091 | €7,615 | +€524 | +7.4% |
| Recurring financial income | 75 | €7,091 | €7,615 | +€524 | +7.4% |
| Financial charges | 65/66B | €16,744 | €18,722 | +€1,978 | +11.8% |
| Recurring financial charges | 65 | €16,744 | €18,722 | +€1,978 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €130,944 | €114,681 | -€16,262 | -12.4% |
| Income taxes | 67/77 | €19,148 | €15,589 | -€3,559 | -18.6% |
| Profit (loss) for the period | 9904 | €111,796 | €99,092 | -€12,704 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €111,796 | €99,092 | -€12,704 | -11.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.