OLYVAN: 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.
OLYVAN
Largest movements
- Cash -€84,086
down €84,086 (-27.2%), from €309,441 to €225,354
mainly Net result for the year (-€51,207) and Receivables after one year (-€30,000)
- Receivables after one year +€30,000
new in 2025: €30,000
- Receivables within one year +€12,165
up €12,165 (+450.0%), from €2,703 to €14,868
of which Trade receivables: +€14,308
- Reserves -€51,207
down €51,207 (-18.0%), from €284,201 to €232,994
- Tax, wage and social debts +€5,740
up €5,740 (+45.3%), from €12,665 to €18,404
- Other debts +€4,804
up €4,804 (+49.9%), from €9,636 to €14,440
- Gross operating margin -€105,676
down €105,676, from €58,831 to -€46,845
- Taxes -€12,227
down €12,227 (-98.4%), from €12,430 to €203
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.
Cash bridge derived
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 | €315,574 | €273,227 | -€42,347 | -13.4% |
| Fixed assets | 21/28 | €2,034 | €1,230 | -€804 | -39.5% |
| Tangible fixed assets | 22/27 | €2,034 | €1,230 | -€804 | -39.5% |
| Plant, machinery and equipment | 23 | €2,034 | €1,230 | -€804 | -39.5% |
| Current assets | 29/58 | €313,540 | €271,997 | -€41,543 | -13.2% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €2,703 | €14,868 | +€12,165 | +450.0% |
| Trade receivables | 40 | - | €14,308 | +€14,308 | |
| Other amounts receivable | 41 | €2,703 | €560 | -€2,143 | -79.3% |
| Cash at bank and in hand | 54/58 | €309,441 | €225,354 | -€84,086 | -27.2% |
| Deferred charges and accrued income | 490/1 | €1,396 | €1,775 | +€378 | +27.1% |
| Total equity and liabilities | 10/49 | €315,574 | €273,227 | -€42,347 | -13.4% |
| Equity | 10/15 | €289,201 | €237,994 | -€51,207 | -17.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €284,201 | €232,994 | -€51,207 | -18.0% |
| Distributable reserves | 133 | €284,201 | €232,994 | -€51,207 | -18.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,373 | €35,233 | +€8,860 | +33.6% |
| Amounts payable within one year | 42/48 | €26,373 | €35,233 | +€8,860 | +33.6% |
| Trade debts | 44 | €4,072 | €2,388 | -€1,684 | -41.3% |
| Suppliers | 440/4 | €4,072 | €2,388 | -€1,684 | -41.3% |
| Taxes, remuneration and social security | 45 | €12,665 | €18,404 | +€5,740 | +45.3% |
| Taxes | 450/3 | €12,665 | €18,404 | +€5,740 | +45.3% |
| Other amounts payable | 47/48 | €9,636 | €14,440 | +€4,804 | +49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €804 | €804 | = | 0.0% |
| Other operating charges | 640/8 | €710 | €888 | +€177 | +25.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €58,831 | -€46,845 | -€105,676 | |
| Operating profit (loss) | 9901 | €57,317 | -€48,536 | -€105,853 | |
| Financial income | 75/76B | - | €477 | +€477 | |
| Recurring financial income | 75 | - | €477 | +€477 | |
| Financial charges | 65/66B | €2,950 | €2,945 | -€5 | -0.2% |
| Recurring financial charges | 65 | €2,950 | €2,945 | -€5 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €54,367 | -€51,005 | -€105,371 | |
| Income taxes | 67/77 | €12,430 | €203 | -€12,227 | -98.4% |
| Profit (loss) for the period | 9904 | €41,937 | -€51,207 | -€93,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,937 | -€51,207 | -€93,144 |
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 12 October 2026 via checked.be.