Buffet Odette: 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.
Buffet Odette
Largest movements
- Receivables within one year +€21,413
up €21,413 (+503%), from €4,255 to €25,668
of which Other amounts receivable: +€17,844
- Cash -€20,413
no longer reported in 2025 (was €20,413)
mainly Receivables within one year (-€21,413) and Trade debts (-€14,805)
- Tangible fixed assets -€8,635
down €8,635 (-19.5%), from €44,361 to €35,727
of which Plant, machinery and equipment: -€4,355
- Stocks and contracts +€8,500
new in 2025: €8,500
- Deferred charges and accrued income -€805
down €805 (-39.7%), from €2,028 to €1,223
- Other debts +€17,905
up €17,905 (+87.9%), from €20,376 to €38,280
- Short-term financial debts +€15,342
new in 2025: €15,342
- Trade debts -€14,805
down €14,805 (-69.5%), from €21,310 to €6,506
- Profit (loss) carried forward -€7,395
down €7,395 (-50.3%), from -€14,713 to -€22,108
- Debts after one year -€5,973
down €5,973 (-24.6%), from €24,240 to €18,267
- Gross operating margin -€23,040
down €23,040 (-27.6%), from €83,596 to €60,556
- Staff costs +€1,928
up €1,928 (+4.2%), from €46,263 to €48,191
- Other operating charges +€1,285
up €1,285 (+29.9%), from €4,298 to €5,583
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 | €76,158 | €76,217 | +€59 | +0.1% |
| Fixed assets | 21/28 | €49,461 | €40,827 | -€8,635 | -17.5% |
| Tangible fixed assets | 22/27 | €44,361 | €35,727 | -€8,635 | -19.5% |
| Plant, machinery and equipment | 23 | €13,695 | €9,341 | -€4,355 | -31.8% |
| Furniture and vehicles | 24 | €656 | €353 | -€303 | -46.2% |
| Leasing and similar rights | 25 | €12,333 | €10,996 | -€1,337 | -10.8% |
| Other tangible fixed assets | 26 | €17,677 | €15,037 | -€2,640 | -14.9% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €26,697 | €35,391 | +€8,694 | +32.6% |
| Stocks and contracts in progress | 3 | - | €8,500 | +€8,500 | |
| Stocks | 30/36 | - | €8,500 | +€8,500 | |
| Amounts receivable within one year | 40/41 | €4,255 | €25,668 | +€21,413 | +503% |
| Trade receivables | 40 | €4,255 | €7,823 | +€3,568 | +83.9% |
| Other amounts receivable | 41 | - | €17,844 | +€17,844 | |
| Cash at bank and in hand | 54/58 | €20,413 | - | -€20,413 | |
| Deferred charges and accrued income | 490/1 | €2,028 | €1,223 | -€805 | -39.7% |
| Total equity and liabilities | 10/49 | €76,158 | €76,217 | +€59 | +0.1% |
| Equity | 10/15 | -€13,713 | -€21,108 | -€7,395 | -53.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,713 | -€22,108 | -€7,395 | -50.3% |
| Amounts payable | 17/49 | €89,871 | €97,325 | +€7,454 | +8.3% |
| Amounts payable after more than one year | 17 | €24,240 | €18,267 | -€5,973 | -24.6% |
| Financial debts | 170/4 | €24,240 | €18,267 | -€5,973 | -24.6% |
| Amounts payable within one year | 42/48 | €65,631 | €79,058 | +€13,428 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €7,341 | €5,973 | -€1,368 | -18.6% |
| Financial debts | 43 | - | €15,342 | +€15,342 | |
| Credit institutions | 430/8 | - | €15,342 | +€15,342 | |
| Trade debts | 44 | €21,310 | €6,506 | -€14,805 | -69.5% |
| Suppliers | 440/4 | €21,310 | €6,506 | -€14,805 | -69.5% |
| Taxes, remuneration and social security | 45 | €16,604 | €12,957 | -€3,647 | -22.0% |
| Taxes | 450/3 | €13,643 | €4,610 | -€9,033 | -66.2% |
| Remuneration and social security | 454/9 | €2,960 | €8,347 | +€5,387 | +182% |
| Other amounts payable | 47/48 | €20,376 | €38,280 | +€17,905 | +87.9% |
| Remuneration, social security and pensions | 62 | €46,263 | €48,191 | +€1,928 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,342 | €9,917 | -€424 | -4.1% |
| Other operating charges | 640/8 | €4,298 | €5,583 | +€1,285 | +29.9% |
| Gross operating margin | 9900 | €83,596 | €60,556 | -€23,040 | -27.6% |
| Operating profit (loss) | 9901 | €22,694 | -€3,135 | -€25,828 | |
| Financial income | 75/76B | €105 | €938 | +€833 | +793% |
| Recurring financial income | 75 | €105 | €938 | +€833 | +793% |
| Financial charges | 65/66B | €5,217 | €5,046 | -€170 | -3.3% |
| Recurring financial charges | 65 | €5,217 | €5,046 | -€170 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €17,582 | -€7,243 | -€24,825 | |
| Income taxes | 67/77 | €445 | €152 | -€293 | -65.8% |
| Profit (loss) for the period | 9904 | €17,137 | -€7,395 | -€24,532 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,137 | -€7,395 | -€24,532 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.