OLO: what changed
OLO
Largest movements
- Stocks and contracts -€158,704
down €158,704 (-32.6%), from €487,251 to €328,547
- Receivables within one year -€32,118
down €32,118 (-56.3%), from €57,094 to €24,976
of which Trade receivables: -€35,409
- Tangible fixed assets -€13,356
down €13,356 (-41.5%), from €32,194 to €18,837
of which Furniture and vehicles: -€7,677
- Cash -€12,250
down €12,250 (-16.2%), from €75,436 to €63,186
mainly Other debts (-€179,658) and Tax, wage and social debts (-€30,373)
- Other debts -€179,658
down €179,658 (-36.6%), from €491,243 to €311,586
- Tax, wage and social debts -€30,373
down €30,373 (-55.5%), from €54,713 to €24,340
of which Taxes: -€21,687
- Trade debts +€10,829
up €10,829 (+34.5%), from €31,380 to €42,209
- Profit (loss) carried forward -€10,057
down €10,057 (-20.8%), from €48,466 to €38,409
- Advances received -€7,490
down €7,490 (-93.7%), from €7,990 to €500
- Staff costs -€60,273
down €60,273 (-35.2%), from €171,447 to €111,174
- Other operating charges -€32,157
down €32,157 (-45.4%), from €70,868 to €38,712
- Taxes -€13,544
down €13,544 (-100%), from €13,544 to €0
- Gross operating margin +€13,032
up €13,032 (+9.1%), from €142,752 to €155,783
- Depreciation -€3,554
down €3,554 (-21.2%), from €16,801 to €13,247
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €652,393 | €435,905 | -€216,488 | -33.2% |
| Fixed assets | 21/28 | €32,194 | €18,837 | -€13,356 | -41.5% |
| Tangible fixed assets | 22/27 | €32,194 | €18,837 | -€13,356 | -41.5% |
| Plant, machinery and equipment | 23 | €3,651 | €2,572 | -€1,078 | -29.5% |
| Furniture and vehicles | 24 | €10,101 | €2,424 | -€7,677 | -76.0% |
| Other tangible fixed assets | 26 | €18,442 | €13,841 | -€4,601 | -24.9% |
| Current assets | 29/58 | €620,199 | €417,067 | -€203,132 | -32.8% |
| Stocks and contracts in progress | 3 | €487,251 | €328,547 | -€158,704 | -32.6% |
| Stocks | 30/36 | €487,251 | €328,547 | -€158,704 | -32.6% |
| Amounts receivable within one year | 40/41 | €57,094 | €24,976 | -€32,118 | -56.3% |
| Trade receivables | 40 | €55,019 | €19,610 | -€35,409 | -64.4% |
| Other amounts receivable | 41 | €2,075 | €5,366 | +€3,291 | +159% |
| Cash at bank and in hand | 54/58 | €75,436 | €63,186 | -€12,250 | -16.2% |
| Deferred charges and accrued income | 490/1 | €419 | €359 | -€61 | -14.5% |
| Total equity and liabilities | 10/49 | €652,393 | €435,905 | -€216,488 | -33.2% |
| Equity | 10/15 | €67,066 | €57,009 | -€10,057 | -15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,466 | €38,409 | -€10,057 | -20.8% |
| Amounts payable | 17/49 | €585,326 | €378,895 | -€206,431 | -35.3% |
| Amounts payable within one year | 42/48 | €585,326 | €378,635 | -€206,692 | -35.3% |
| Trade debts | 44 | €31,380 | €42,209 | +€10,829 | +34.5% |
| Suppliers | 440/4 | €31,380 | €42,209 | +€10,829 | +34.5% |
| Advances received on contracts in progress | 46 | €7,990 | €500 | -€7,490 | -93.7% |
| Taxes, remuneration and social security | 45 | €54,713 | €24,340 | -€30,373 | -55.5% |
| Taxes | 450/3 | €30,432 | €8,745 | -€21,687 | -71.3% |
| Remuneration and social security | 454/9 | €24,282 | €15,595 | -€8,687 | -35.8% |
| Other amounts payable | 47/48 | €491,243 | €311,586 | -€179,658 | -36.6% |
| Accrued charges and deferred income | 492/3 | - | €260 | +€260 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €171,447 | €111,174 | -€60,273 | -35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,801 | €13,247 | -€3,554 | -21.2% |
| Other operating charges | 640/8 | €70,868 | €38,712 | -€32,157 | -45.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €142,752 | €155,783 | +€13,032 | +9.1% |
| Operating profit (loss) | 9901 | -€116,365 | -€7,349 | +€109,016 | +93.7% |
| Financial income | 75/76B | €0 | €27 | +€27 | |
| Recurring financial income | 75 | €0 | €27 | +€27 | |
| Financial charges | 65/66B | €1,071 | €2,735 | +€1,664 | +155% |
| Recurring financial charges | 65 | €1,071 | €2,735 | +€1,664 | +155% |
| Profit (loss) for the period before taxes | 9903 | -€117,436 | -€10,057 | +€107,379 | +91.4% |
| Income taxes | 67/77 | €13,544 | €0 | -€13,544 | -100% |
| Profit (loss) for the period | 9904 | -€130,980 | -€10,057 | +€120,923 | +92.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€130,980 | -€10,057 | +€120,923 | +92.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.