OLIMAX: 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.
OLIMAX
Largest movements
- Deferred charges and accrued income -€5,542
no longer reported in 2024 (was €5,542)
- Receivables within one year -€1,093
down €1,093 (-34.1%), from €3,209 to €2,116
of which Trade receivables: -€944
- Tangible fixed assets -€727
down €727 (-29.5%), from €2,466 to €1,739
- Cash -€564
down €564 (-9.6%), from €5,861 to €5,297
mainly Trade debts (-€6,317) and Accrued charges and deferred income (-€6,298)
- Trade debts -€6,317
down €6,317 (-99.6%), from €6,344 to €27
- Accrued charges and deferred income -€6,298
down €6,298 (-94.4%), from €6,672 to €374
- Profit (loss) carried forward +€3,303
up €3,303 (+5.6%), from -€58,934 to -€55,631
- Other debts +€1,195
up €1,195 (+489%), from €244 to €1,439
- Tax, wage and social debts +€192
new in 2024: €192
- Gross operating margin +€28,232
up €28,232, from -€24,008 to €4,224
- Depreciation -€628
down €628 (-46.4%), from €1,355 to €727
- Financial charges -€442
down €442 (-69.5%), from €636 to €194
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.
Derived cash bridge
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 | €17,078 | €9,152 | -€7,926 | -46.4% |
| Fixed assets | 21/28 | €2,466 | €1,739 | -€727 | -29.5% |
| Tangible fixed assets | 22/27 | €2,466 | €1,739 | -€727 | -29.5% |
| Furniture and vehicles | 24 | €2,466 | €1,739 | -€727 | -29.5% |
| Current assets | 29/58 | €14,612 | €7,413 | -€7,199 | -49.3% |
| Amounts receivable within one year | 40/41 | €3,209 | €2,116 | -€1,093 | -34.1% |
| Trade receivables | 40 | €3,060 | €2,116 | -€944 | -30.9% |
| Other amounts receivable | 41 | €149 | - | -€149 | |
| Cash at bank and in hand | 54/58 | €5,861 | €5,297 | -€564 | -9.6% |
| Deferred charges and accrued income | 490/1 | €5,542 | - | -€5,542 | |
| Total equity and liabilities | 10/49 | €17,078 | €9,152 | -€7,926 | -46.4% |
| Equity | 10/15 | €3,817 | €7,121 | +€3,303 | +86.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €22,751 | €22,751 | = | 0.0% |
| Distributable reserves | 133 | €22,751 | €22,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,934 | -€55,631 | +€3,303 | +5.6% |
| Amounts payable | 17/49 | €13,261 | €2,032 | -€11,229 | -84.7% |
| Amounts payable within one year | 42/48 | €6,589 | €1,658 | -€4,931 | -74.8% |
| Trade debts | 44 | €6,344 | €27 | -€6,317 | -99.6% |
| Suppliers | 440/4 | €6,344 | €27 | -€6,317 | -99.6% |
| Taxes, remuneration and social security | 45 | - | €192 | +€192 | |
| Taxes | 450/3 | - | €192 | +€192 | |
| Other amounts payable | 47/48 | €244 | €1,439 | +€1,195 | +489% |
| Accrued charges and deferred income | 492/3 | €6,672 | €374 | -€6,298 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,355 | €727 | -€628 | -46.4% |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Gross operating margin | 9900 | -€24,008 | €4,224 | +€28,232 | |
| Operating profit (loss) | 9901 | -€25,425 | €3,498 | +€28,922 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €636 | €194 | -€442 | -69.5% |
| Recurring financial charges | 65 | €636 | €194 | -€442 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,061 | €3,303 | +€29,365 | |
| Profit (loss) for the period | 9904 | -€26,061 | €3,303 | +€29,365 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,061 | €3,303 | +€29,365 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.