L'ODC: what changed
Two fiscal 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.
L'ODC
Largest movements
- Tangible fixed assets +€205,403
up €205,403 (+79.2%), from €259,349 to €464,752
of which Land and buildings: +€210,359
- Debts after one year +€213,961
up €213,961 (+2438.2%), from €8,775 to €222,737
- Gross operating margin -€6,887
down €6,887 (-20.7%), from €33,267 to €26,381
- Purchases and services +€5,521
up €5,521 (+10.0%), from €55,306 to €60,827
- Depreciation +€3,636
up €3,636 (+19.9%), from €18,280 to €21,916
- Taxes -€2,185
down €2,185 (-64.7%), from €3,376 to €1,191
- Financial charges -€1,578
down €1,578 (-30.3%), from €5,203 to €3,624
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.
Cash bridge derived
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 | €288,796 | €493,931 | +€205,135 | +71.0% |
| Fixed assets | 21/28 | €259,349 | €464,752 | +€205,403 | +79.2% |
| Tangible fixed assets | 22/27 | €259,349 | €464,752 | +€205,403 | +79.2% |
| Land and buildings | 22 | €242,989 | €453,348 | +€210,359 | +86.6% |
| Plant, machinery and equipment | 23 | €2,844 | €2,936 | +€92 | +3.2% |
| Furniture and vehicles | 24 | €13,516 | €8,468 | -€5,048 | -37.3% |
| Current assets | 29/58 | €29,447 | €29,179 | -€268 | -0.9% |
| Amounts receivable within one year | 40/41 | €4,014 | €8,458 | +€4,444 | +110.7% |
| Trade receivables | 40 | €4,014 | €4,066 | +€53 | +1.3% |
| Other amounts receivable | 41 | - | €4,392 | +€4,392 | |
| Cash at bank and in hand | 54/58 | €25,433 | €20,721 | -€4,713 | -18.5% |
| Total equity and liabilities | 10/49 | €288,796 | €493,931 | +€205,135 | +71.0% |
| Equity | 10/15 | €41,230 | €39,369 | -€1,860 | -4.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €14,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,230 | €22,369 | -€1,860 | -7.7% |
| Amounts payable | 17/49 | €247,566 | €454,561 | +€206,995 | +83.6% |
| Amounts payable after more than one year | 17 | €8,775 | €222,737 | +€213,961 | +2438.2% |
| Financial debts | 170/4 | €8,775 | €222,737 | +€213,961 | +2438.2% |
| Amounts payable within one year | 42/48 | €238,791 | €231,825 | -€6,966 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €6,464 | €6,565 | +€100 | +1.6% |
| Trade debts | 44 | €2,031 | - | -€2,031 | |
| Suppliers | 440/4 | €2,031 | - | -€2,031 | |
| Taxes, remuneration and social security | 45 | €3,451 | €1,191 | -€2,260 | -65.5% |
| Taxes | 450/3 | €3,451 | €1,191 | -€2,260 | -65.5% |
| Other amounts payable | 47/48 | €226,844 | €224,068 | -€2,775 | -1.2% |
| Turnover | 70 | €85,491 | €84,125 | -€1,366 | -1.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,306 | €60,827 | +€5,521 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,280 | €21,916 | +€3,636 | +19.9% |
| Other operating charges | 640/8 | €1,890 | €2,062 | +€172 | +9.1% |
| Gross operating margin | 9900 | €33,267 | €26,381 | -€6,887 | -20.7% |
| Operating profit (loss) | 9901 | €13,097 | €2,403 | -€10,694 | -81.7% |
| Financial income | 75/76B | - | €553 | +€553 | |
| Recurring financial income | 75 | - | €553 | +€553 | |
| Financial charges | 65/66B | €5,203 | €3,624 | -€1,578 | -30.3% |
| Recurring financial charges | 65 | €5,203 | €3,624 | -€1,578 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €7,894 | -€669 | -€8,563 | |
| Income taxes | 67/77 | €3,376 | €1,191 | -€2,185 | -64.7% |
| Profit (loss) for the period | 9904 | €4,517 | -€1,860 | -€6,378 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,517 | -€1,860 | -€6,378 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.