J.V.Odontal: 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.
J.V.Odontal
Largest movements
- Cash +€22,960
up €22,960 (+8.6%), from €267,135 to €290,095
mainly Net result for the year (+€78,862) and Depreciation (+€75,774)
- Receivables within one year -€15,725
no longer reported in 2025 (was €15,725)
- Tangible fixed assets -€12,387
down €12,387 (-1.7%), from €742,671 to €730,284
of which Land and buildings: -€43,510
- Profit (loss) carried forward +€78,862
up €78,862 (+106%), from €74,484 to €153,347
- Debts after one year -€55,459
down €55,459 (-9.9%), from €560,041 to €504,582
- Tax, wage and social debts -€33,636
down €33,636 (-78.0%), from €43,131 to €9,495
of which Taxes: -€34,039
- Accrued charges and deferred income +€23,371
up €23,371 (+2,562%), from €912 to €24,283
- Gross operating margin +€20,404
up €20,404 (+8.5%), from €239,717 to €260,121
- Staff costs +€15,574
up €15,574 (+29.7%), from €52,443 to €68,017
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 | €1,031,745 | €1,028,000 | -€3,744 | -0.4% |
| Fixed assets | 21/28 | €742,965 | €730,543 | -€12,422 | -1.7% |
| Intangible fixed assets | 21 | €35 | - | -€35 | |
| Tangible fixed assets | 22/27 | €742,671 | €730,284 | -€12,387 | -1.7% |
| Land and buildings | 22 | €647,619 | €604,110 | -€43,510 | -6.7% |
| Plant, machinery and equipment | 23 | €41,929 | €90,938 | +€49,009 | +117% |
| Furniture and vehicles | 24 | €7,679 | €4,805 | -€2,875 | -37.4% |
| Leasing and similar rights | 25 | €44,855 | €29,900 | -€14,955 | -33.3% |
| Other tangible fixed assets | 26 | €587 | €531 | -€56 | -9.6% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €288,780 | €297,457 | +€8,678 | +3.0% |
| Amounts receivable within one year | 40/41 | €15,725 | - | -€15,725 | |
| Other amounts receivable | 41 | €15,725 | - | -€15,725 | |
| Cash at bank and in hand | 54/58 | €267,135 | €290,095 | +€22,960 | +8.6% |
| Deferred charges and accrued income | 490/1 | €5,919 | €7,362 | +€1,443 | +24.4% |
| Total equity and liabilities | 10/49 | €1,031,745 | €1,028,000 | -€3,744 | -0.4% |
| Equity | 10/15 | €94,944 | €173,807 | +€78,862 | +83.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,484 | €153,347 | +€78,862 | +106% |
| Amounts payable | 17/49 | €936,800 | €854,194 | -€82,606 | -8.8% |
| Amounts payable after more than one year | 17 | €560,041 | €504,582 | -€55,459 | -9.9% |
| Financial debts | 170/4 | €560,041 | €504,582 | -€55,459 | -9.9% |
| Amounts payable within one year | 42/48 | €375,847 | €325,328 | -€50,519 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €57,412 | €58,728 | +€1,316 | +2.3% |
| Trade debts | 44 | €13,894 | €5,046 | -€8,848 | -63.7% |
| Suppliers | 440/4 | €13,894 | €5,046 | -€8,848 | -63.7% |
| Taxes, remuneration and social security | 45 | €43,131 | €9,495 | -€33,636 | -78.0% |
| Taxes | 450/3 | €39,119 | €5,079 | -€34,039 | -87.0% |
| Remuneration and social security | 454/9 | €4,012 | €4,416 | +€404 | +10.1% |
| Other amounts payable | 47/48 | €261,410 | €252,060 | -€9,350 | -3.6% |
| Accrued charges and deferred income | 492/3 | €912 | €24,283 | +€23,371 | +2,562% |
| Remuneration, social security and pensions | 62 | €52,443 | €68,017 | +€15,574 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,262 | €75,774 | +€2,512 | +3.4% |
| Other operating charges | 640/8 | €6,569 | €5,167 | -€1,402 | -21.3% |
| Gross operating margin | 9900 | €239,717 | €260,121 | +€20,404 | +8.5% |
| Operating profit (loss) | 9901 | €107,443 | €111,162 | +€3,720 | +3.5% |
| Financial income | 75/76B | €19 | €35 | +€16 | +84.8% |
| Recurring financial income | 75 | €19 | €35 | +€16 | +84.8% |
| Financial charges | 65/66B | €13,953 | €12,255 | -€1,698 | -12.2% |
| Recurring financial charges | 65 | €13,953 | €12,255 | -€1,698 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €93,509 | €98,942 | +€5,433 | +5.8% |
| Income taxes | 67/77 | €19,025 | €20,080 | +€1,055 | +5.5% |
| Profit (loss) for the period | 9904 | €74,484 | €78,862 | +€4,378 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,484 | €78,862 | +€4,378 | +5.9% |
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 1 November 2026 via checked.be.