OLYMPUS IMMO: 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.
OLYMPUS IMMO
Largest movements
- Stocks and contracts -€3.1m
down €3.1m (-100.0%), from €3.1m to €0
- Receivables within one year +€626,492
up €626,492 (+106.9%), from €585,829 to €1.2m
of which Trade receivables: +€709,303
- Cash +€427,115
up €427,115 (+1138365.2%), from €38 to €427,152
mainly Stocks and contracts (+€3.1m) and Net result for the year (+€819,045)
- Short-term financial debts -€3.0m
down €3.0m (-100.0%), from €3.0m to €0
- Profit (loss) carried forward +€819,045
up €819,045, from -€105,382 to €713,663
- Debts after one year -€654,895
down €654,895 (-96.0%), from €682,455 to €27,560
- Tax, wage and social debts +€527,740
new in 2024: €527,740
- Trade debts +€244,482
up €244,482 (+525.0%), from €46,564 to €291,047
- Turnover +€5.5m
new in 2024: €5.5m
- Purchases and services +€4.3m
up €4.3m (+73478.0%), from €5,808 to €4.3m
- Gross operating margin +€1.3m
up €1.3m, from -€5,808 to €1.3m
- Taxes +€267,588
new in 2024: €267,588
- Financial charges +€141,629
up €141,629 (+234.1%), from €60,488 to €202,117
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.
Cash bridge derived
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 | €3,660,760 | €1,652,695 | -€2.0m | -54.9% |
| Formation expenses | 20 | €156 | €0 | -€156 | -100.0% |
| Fixed assets | 21/28 | €500 | €1,000 | +€500 | +100.0% |
| Financial fixed assets | 28 | €500 | €1,000 | +€500 | +100.0% |
| Current assets | 29/58 | €3,660,104 | €1,651,695 | -€2.0m | -54.9% |
| Stocks and contracts in progress | 3 | €3,067,592 | €0 | -€3.1m | -100.0% |
| Stocks | 30/36 | €3,067,592 | €0 | -€3.1m | -100.0% |
| Amounts receivable within one year | 40/41 | €585,829 | €1,212,321 | +€626,492 | +106.9% |
| Trade receivables | 40 | €79,068 | €788,371 | +€709,303 | +897.1% |
| Other amounts receivable | 41 | €506,761 | €423,950 | -€82,811 | -16.3% |
| Cash at bank and in hand | 54/58 | €38 | €427,152 | +€427,115 | +1138365.2% |
| Deferred charges and accrued income | 490/1 | €6,645 | €12,221 | +€5,577 | +83.9% |
| Total equity and liabilities | 10/49 | €3,660,760 | €1,652,695 | -€2.0m | -54.9% |
| Equity | 10/15 | -€100,382 | €718,663 | +€819,045 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,382 | €713,663 | +€819,045 | |
| Amounts payable | 17/49 | €3,761,143 | €934,032 | -€2.8m | -75.2% |
| Amounts payable after more than one year | 17 | €682,455 | €27,560 | -€654,895 | -96.0% |
| Other amounts payable | 178/9 | €682,455 | €27,560 | -€654,895 | -96.0% |
| Amounts payable within one year | 42/48 | €3,077,598 | €904,640 | -€2.2m | -70.6% |
| Financial debts | 43 | €3,029,033 | €0 | -€3.0m | -100.0% |
| Credit institutions | 430/8 | €3,029,033 | €0 | -€3.0m | -100.0% |
| Trade debts | 44 | €46,564 | €291,047 | +€244,482 | +525.0% |
| Suppliers | 440/4 | €46,564 | €291,047 | +€244,482 | +525.0% |
| Taxes, remuneration and social security | 45 | - | €527,740 | +€527,740 | |
| Taxes | 450/3 | - | €527,740 | +€527,740 | |
| Other amounts payable | 47/48 | €2,000 | €85,854 | +€83,854 | +4192.7% |
| Accrued charges and deferred income | 492/3 | €1,090 | €1,832 | +€742 | +68.1% |
| Turnover | 70 | - | €5,500,000 | +€5.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,808 | €4,273,629 | +€4.3m | +73478.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183 | €156 | -€27 | -14.8% |
| Other operating charges | 640/8 | €1,166 | €9,043 | +€7,877 | +675.3% |
| Gross operating margin | 9900 | -€5,808 | €1,289,985 | +€1.3m | |
| Operating profit (loss) | 9901 | -€7,158 | €1,280,785 | +€1.3m | |
| Financial income | 75/76B | €17,328 | €7,964 | -€9,363 | -54.0% |
| Recurring financial income | 75 | €17,328 | €7,964 | -€9,363 | -54.0% |
| Financial charges | 65/66B | €60,488 | €202,117 | +€141,629 | +234.1% |
| Recurring financial charges | 65 | €60,488 | €202,117 | +€141,629 | +234.1% |
| Profit (loss) for the period before taxes | 9903 | -€50,319 | €1,086,632 | +€1.1m | |
| Income taxes | 67/77 | - | €267,588 | +€267,588 | |
| Profit (loss) for the period | 9904 | -€50,319 | €819,045 | +€869,364 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,319 | €819,045 | +€869,364 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.