OLYMPS: 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.
OLYMPS
Largest movements
- Cash +€79,293
up €79,293 (+126%), from €62,883 to €142,176
mainly Net result for the year (+€74,515) and Tax, wage and social debts (+€48,684)
- Tangible fixed assets +€16,856
up €16,856 (+347%), from €4,853 to €21,709
of which Plant, machinery and equipment: +€17,401
- Receivables within one year +€9,327
up €9,327 (+22.8%), from €40,971 to €50,298
of which Trade receivables: +€9,358
- Tax, wage and social debts +€48,684
up €48,684 (+208%), from €23,388 to €72,072
of which Taxes: +€41,699
- Profit (loss) carried forward +€44,515
up €44,515, from -€41,398 to €3,117
- Reserves +€30,000
new in 2024: €30,000
- Other debts -€26,578
down €26,578 (-26.9%), from €98,699 to €72,121
- Advances received +€12,550
up €12,550 (+96.5%), from €13,000 to €25,550
- Gross operating margin +€84,039
up €84,039 (+76.1%), from €110,427 to €194,466
- Taxes +€23,988
up €23,988 (+889%), from €2,699 to €26,687
- Staff costs +€8,779
up €8,779 (+10.9%), from €80,281 to €89,061
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,756 | €218,987 | +€107,231 | +96.0% |
| Fixed assets | 21/28 | €5,353 | €22,209 | +€16,856 | +315% |
| Tangible fixed assets | 22/27 | €4,853 | €21,709 | +€16,856 | +347% |
| Plant, machinery and equipment | 23 | €3,829 | €21,230 | +€17,401 | +454% |
| Furniture and vehicles | 24 | €1,025 | €480 | -€545 | -53.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €106,403 | €196,778 | +€90,375 | +84.9% |
| Amounts receivable within one year | 40/41 | €40,971 | €50,298 | +€9,327 | +22.8% |
| Trade receivables | 40 | €39,931 | €49,290 | +€9,358 | +23.4% |
| Other amounts receivable | 41 | €1,040 | €1,008 | -€32 | -3.0% |
| Cash at bank and in hand | 54/58 | €62,883 | €142,176 | +€79,293 | +126% |
| Deferred charges and accrued income | 490/1 | €2,549 | €4,304 | +€1,755 | +68.9% |
| Total equity and liabilities | 10/49 | €111,756 | €218,987 | +€107,231 | +96.0% |
| Equity | 10/15 | -€35,198 | €39,317 | +€74,515 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | -€41,398 | €3,117 | +€44,515 | |
| Amounts payable | 17/49 | €146,954 | €179,670 | +€32,716 | +22.3% |
| Amounts payable within one year | 42/48 | €146,954 | €179,670 | +€32,716 | +22.3% |
| Trade debts | 44 | €11,868 | €9,927 | -€1,940 | -16.3% |
| Suppliers | 440/4 | €11,868 | €9,927 | -€1,940 | -16.3% |
| Advances received on contracts in progress | 46 | €13,000 | €25,550 | +€12,550 | +96.5% |
| Taxes, remuneration and social security | 45 | €23,388 | €72,072 | +€48,684 | +208% |
| Taxes | 450/3 | €10,895 | €52,594 | +€41,699 | +383% |
| Remuneration and social security | 454/9 | €12,493 | €19,478 | +€6,985 | +55.9% |
| Other amounts payable | 47/48 | €98,699 | €72,121 | -€26,578 | -26.9% |
| Non-recurring operating income | 76A | - | €175 | +€175 | |
| Remuneration, social security and pensions | 62 | €80,281 | €89,061 | +€8,779 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €985 | €2,069 | +€1,084 | +110% |
| Other operating charges | 640/8 | €800 | €1,280 | +€480 | +59.9% |
| Gross operating margin | 9900 | €110,427 | €194,466 | +€84,039 | +76.1% |
| Operating profit (loss) | 9901 | €28,360 | €102,057 | +€73,697 | +260% |
| Financial income | 75/76B | €0 | €11 | +€11 | +3,361% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +3,361% |
| Financial charges | 65/66B | €943 | €867 | -€76 | -8.0% |
| Recurring financial charges | 65 | €943 | €867 | -€76 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €27,418 | €101,202 | +€73,783 | +269% |
| Income taxes | 67/77 | €2,699 | €26,687 | +€23,988 | +889% |
| Profit (loss) for the period | 9904 | €24,719 | €74,515 | +€49,796 | +201% |
| Profit (loss) for the period to be appropriated | 9905 | €24,719 | €74,515 | +€49,796 | +201% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.