OLZA: 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.
OLZA
Largest movements
- Tangible fixed assets -€30,650
down €30,650 (-13.6%), from €226,027 to €195,377
of which Plant, machinery and equipment: -€16,088
- Receivables within one year +€26,783
up €26,783 (+15.2%), from €175,888 to €202,671
of which Other amounts receivable: +€35,462
- Trade debts +€14,908
up €14,908 (+9.6%), from €155,716 to €170,625
- Debts after one year -€14,864
down €14,864 (-30.0%), from €49,514 to €34,650
- Staff costs +€14,859
up €14,859 (+10.8%), from €137,458 to €152,317
- Gross operating margin -€13,041
down €13,041 (-6.0%), from €217,627 to €204,586
- Taxes -€8,494
down €8,494 (-71.8%), from €11,832 to €3,338
- Depreciation +€3,677
up €3,677 (+12.1%), from €30,455 to €34,132
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 | €655,718 | €657,209 | +€1,491 | +0.2% |
| Fixed assets | 21/28 | €226,027 | €195,377 | -€30,650 | -13.6% |
| Tangible fixed assets | 22/27 | €226,027 | €195,377 | -€30,650 | -13.6% |
| Plant, machinery and equipment | 23 | €111,107 | €95,019 | -€16,088 | -14.5% |
| Furniture and vehicles | 24 | €8,811 | €5,678 | -€3,134 | -35.6% |
| Other tangible fixed assets | 26 | €106,108 | €94,681 | -€11,428 | -10.8% |
| Current assets | 29/58 | €429,691 | €461,832 | +€32,141 | +7.5% |
| Stocks and contracts in progress | 3 | €189,996 | €195,308 | +€5,312 | +2.8% |
| Stocks | 30/36 | €189,996 | €195,308 | +€5,312 | +2.8% |
| Amounts receivable within one year | 40/41 | €175,888 | €202,671 | +€26,783 | +15.2% |
| Trade receivables | 40 | €13,954 | €5,275 | -€8,680 | -62.2% |
| Other amounts receivable | 41 | €161,934 | €197,396 | +€35,462 | +21.9% |
| Cash at bank and in hand | 54/58 | €60,954 | €55,756 | -€5,198 | -8.5% |
| Deferred charges and accrued income | 490/1 | €2,853 | €8,097 | +€5,244 | +183.8% |
| Total equity and liabilities | 10/49 | €655,718 | €657,209 | +€1,491 | +0.2% |
| Equity | 10/15 | €410,357 | €412,549 | +€2,192 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €260,280 | €262,470 | +€2,190 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €258,420 | €260,610 | +€2,190 | +0.8% |
| Profit (loss) carried forward | 14 | €131,477 | €131,479 | +€2 | 0.0% |
| Amounts payable | 17/49 | €245,361 | €244,660 | -€701 | -0.3% |
| Amounts payable after more than one year | 17 | €49,514 | €34,650 | -€14,864 | -30.0% |
| Financial debts | 170/4 | €49,514 | €34,650 | -€14,864 | -30.0% |
| Amounts payable within one year | 42/48 | €195,848 | €210,010 | +€14,163 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €19,268 | €14,864 | -€4,404 | -22.9% |
| Trade debts | 44 | €155,716 | €170,625 | +€14,908 | +9.6% |
| Suppliers | 440/4 | €155,716 | €170,625 | +€14,908 | +9.6% |
| Taxes, remuneration and social security | 45 | €20,864 | €24,522 | +€3,658 | +17.5% |
| Taxes | 450/3 | €4,566 | €5,612 | +€1,047 | +22.9% |
| Remuneration and social security | 454/9 | €16,298 | €18,909 | +€2,611 | +16.0% |
| Remuneration, social security and pensions | 62 | €137,458 | €152,317 | +€14,859 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,455 | €34,132 | +€3,677 | +12.1% |
| Other operating charges | 640/8 | €13,675 | €13,613 | -€61 | -0.4% |
| Non-recurring operating charges | 66A | €2,479 | - | -€2,479 | |
| Gross operating margin | 9900 | €217,627 | €204,586 | -€13,041 | -6.0% |
| Operating profit (loss) | 9901 | €33,561 | €4,525 | -€29,036 | -86.5% |
| Financial income | 75/76B | €3,079 | €5,174 | +€2,094 | +68.0% |
| Recurring financial income | 75 | €3,079 | €5,174 | +€2,094 | +68.0% |
| Financial charges | 65/66B | €4,576 | €4,167 | -€408 | -8.9% |
| Recurring financial charges | 65 | €4,576 | €4,167 | -€408 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €32,064 | €5,531 | -€26,533 | -82.8% |
| Income taxes | 67/77 | €11,832 | €3,338 | -€8,494 | -71.8% |
| Profit (loss) for the period | 9904 | €20,232 | €2,192 | -€18,040 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,232 | €2,192 | -€18,040 | -89.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.