OLYMPUS NET: 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 NET
Largest movements
- Receivables within one year -€28,386
down €28,386 (-70.5%), from €40,289 to €11,903
of which Other amounts receivable: -€28,499
- Cash +€9,002
up €9,002 (+11.7%), from €76,869 to €85,871
mainly Receivables within one year (+€28,386) and Net result for the year (+€12,268)
- Tangible fixed assets -€7,567
down €7,567 (-28.3%), from €26,698 to €19,131
- Other debts -€24,314
down €24,314 (-77.6%), from €31,318 to €7,004
- Profit (loss) carried forward +€12,269
up €12,269 (+29.2%), from €41,989 to €54,258
- Trade debts -€10,467
down €10,467 (-92.0%), from €11,379 to €912
- Tax, wage and social debts -€4,381
down €4,381 (-34.5%), from €12,690 to €8,309
- Gross operating margin +€13,296
up €13,296 (+78.7%), from €16,888 to €30,184
- Taxes +€8,362
new in 2024: €8,362
- Depreciation +€4,246
up €4,246 (+127.9%), from €3,321 to €7,567
- Other operating charges -€309
down €309 (-14.1%), from €2,197 to €1,888
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 | €143,856 | €116,905 | -€26,951 | -18.7% |
| Fixed assets | 21/28 | €26,698 | €19,131 | -€7,567 | -28.3% |
| Tangible fixed assets | 22/27 | €26,698 | €19,131 | -€7,567 | -28.3% |
| Furniture and vehicles | 24 | €26,698 | €19,131 | -€7,567 | -28.3% |
| Current assets | 29/58 | €117,158 | €97,774 | -€19,384 | -16.5% |
| Amounts receivable within one year | 40/41 | €40,289 | €11,903 | -€28,386 | -70.5% |
| Trade receivables | 40 | €11,790 | €11,903 | +€113 | +1.0% |
| Other amounts receivable | 41 | €28,499 | - | -€28,499 | |
| Cash at bank and in hand | 54/58 | €76,869 | €85,871 | +€9,002 | +11.7% |
| Total equity and liabilities | 10/49 | €143,856 | €116,905 | -€26,951 | -18.7% |
| Equity | 10/15 | €88,411 | €100,680 | +€12,269 | +13.9% |
| Reserves | 13 | €46,422 | €46,422 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,422 | €46,422 | = | 0.0% |
| Legal reserve | 130 | €46,422 | €46,422 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,989 | €54,258 | +€12,269 | +29.2% |
| Amounts payable | 17/49 | €55,445 | €16,225 | -€39,220 | -70.7% |
| Amounts payable within one year | 42/48 | €55,387 | €16,225 | -€39,162 | -70.7% |
| Trade debts | 44 | €11,379 | €912 | -€10,467 | -92.0% |
| Suppliers | 440/4 | €11,379 | €912 | -€10,467 | -92.0% |
| Taxes, remuneration and social security | 45 | €12,690 | €8,309 | -€4,381 | -34.5% |
| Taxes | 450/3 | €12,690 | €8,309 | -€4,381 | -34.5% |
| Other amounts payable | 47/48 | €31,318 | €7,004 | -€24,314 | -77.6% |
| Accrued charges and deferred income | 492/3 | €58 | - | -€58 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,321 | €7,567 | +€4,246 | +127.9% |
| Other operating charges | 640/8 | €2,197 | €1,888 | -€309 | -14.1% |
| Gross operating margin | 9900 | €16,888 | €30,184 | +€13,296 | +78.7% |
| Operating profit (loss) | 9901 | €11,370 | €20,729 | +€9,359 | +82.3% |
| Financial charges | 65/66B | €98 | €99 | +€1 | +1.0% |
| Recurring financial charges | 65 | €98 | €99 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €11,272 | €20,630 | +€9,358 | +83.0% |
| Income taxes | 67/77 | - | €8,362 | +€8,362 | |
| Profit (loss) for the period | 9904 | €11,272 | €12,268 | +€996 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,272 | €12,268 | +€996 | +8.8% |
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 8 October 2026 via checked.be.