OLINE: 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.
OLINE
Largest movements
- Receivables within one year +€400,643
up €400,643 (+179%), from €224,414 to €625,057
of which Other amounts receivable: +€392,341
- Reserves +€514,698
up €514,698 (+41.3%), from €1.2m to €1.8m
- Debts after one year -€400,000
down €400,000 (-12.6%), from €3.2m to €2.8m
- Other debts +€307,123
up €307,123 (+147%), from €208,266 to €515,389
- Financial income +€208,908
up €208,908 (+51.5%), from €405,847 to €614,755
- Taxes +€1,824
up €1,824 (+59.3%), from €3,075 to €4,899
- Gross operating margin -€895
down €895 (-9.9%), from €9,023 to €8,127
- Financial charges +€353
up €353 (+18.7%), from €1,885 to €2,238
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.
Derived cash bridge
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 | €28,582,922 | €29,004,762 | +€421,840 | +1.5% |
| Fixed assets | 21/28 | €28,345,653 | €28,345,653 | = | 0.0% |
| Financial fixed assets | 28 | €28,345,653 | €28,345,653 | = | 0.0% |
| Current assets | 29/58 | €237,268 | €659,108 | +€421,840 | +178% |
| Amounts receivable within one year | 40/41 | €224,414 | €625,057 | +€400,643 | +179% |
| Trade receivables | 40 | €12,100 | €20,402 | +€8,302 | +68.6% |
| Other amounts receivable | 41 | €212,314 | €604,655 | +€392,341 | +185% |
| Cash at bank and in hand | 54/58 | €12,133 | €32,697 | +€20,564 | +169% |
| Deferred charges and accrued income | 490/1 | €721 | €1,354 | +€633 | +87.7% |
| Total equity and liabilities | 10/49 | €28,582,922 | €29,004,762 | +€421,840 | +1.5% |
| Equity | 10/15 | €24,785,922 | €25,300,619 | +€514,698 | +2.1% |
| Contributions | 10/11 | €23,540,000 | €23,540,000 | = | 0.0% |
| Reserves | 13 | €1,245,922 | €1,760,619 | +€514,698 | +41.3% |
| Distributable reserves | 133 | €1,245,922 | €1,760,619 | +€514,698 | +41.3% |
| Amounts payable | 17/49 | €3,797,000 | €3,704,142 | -€92,858 | -2.4% |
| Amounts payable after more than one year | 17 | €3,184,996 | €2,784,996 | -€400,000 | -12.6% |
| Other amounts payable | 178/9 | €3,184,996 | €2,784,996 | -€400,000 | -12.6% |
| Amounts payable within one year | 42/48 | €612,003 | €919,146 | +€307,142 | +50.2% |
| Current portion of amounts payable after more than one year | 42 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €758 | €3,168 | +€2,410 | +318% |
| Suppliers | 440/4 | €758 | €3,168 | +€2,410 | +318% |
| Taxes, remuneration and social security | 45 | €2,980 | €588 | -€2,391 | -80.3% |
| Taxes | 450/3 | €2,980 | €588 | -€2,391 | -80.3% |
| Other amounts payable | 47/48 | €208,266 | €515,389 | +€307,123 | +147% |
| Other operating charges | 640/8 | €968 | €1,048 | +€81 | +8.4% |
| Gross operating margin | 9900 | €9,023 | €8,127 | -€895 | -9.9% |
| Operating profit (loss) | 9901 | €8,055 | €7,079 | -€976 | -12.1% |
| Financial income | 75/76B | €405,847 | €614,755 | +€208,908 | +51.5% |
| Recurring financial income | 75 | €405,847 | €614,755 | +€208,908 | +51.5% |
| Financial charges | 65/66B | €1,885 | €2,238 | +€353 | +18.7% |
| Recurring financial charges | 65 | €1,885 | €2,238 | +€353 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €412,017 | €619,596 | +€207,579 | +50.4% |
| Income taxes | 67/77 | €3,075 | €4,899 | +€1,824 | +59.3% |
| Profit (loss) for the period | 9904 | €408,942 | €614,698 | +€205,755 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €408,942 | €614,698 | +€205,755 | +50.3% |
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 23 October 2026 via checked.be.