L'ODRU: 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.
L'ODRU
Largest movements
- Tangible fixed assets -€7,982
down €7,982 (-3.8%), from €209,707 to €201,725
of which Land and buildings: -€7,054
- Reserves -€64,916
down €64,916 (-37.9%), from €171,116 to €106,200
of which Tax-exempt reserves: -€64,916
- Profit (loss) carried forward +€31,828
up €31,828 (+71.3%), from €44,639 to €76,468
- Trade debts +€17,078
up €17,078 (+31,370%), from €54 to €17,132
- Tax, wage and social debts +€7,364
up €7,364 (+1,915%), from €384 to €7,748
- Gross operating margin -€7,744
down €7,744 (-154%), from -€5,040 to -€12,784
- Other operating charges +€810
up €810 (+10.9%), from €7,463 to €8,273
- Financial income -€433
no longer reported in 2024 (was €433)
- Financial charges +€237
up €237 (+93.2%), from €254 to €491
- Depreciation +€143
up €143 (+1.3%), from €11,396 to €11,539
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 | €278,198 | €269,548 | -€8,650 | -3.1% |
| Fixed assets | 21/28 | €209,707 | €201,725 | -€7,982 | -3.8% |
| Tangible fixed assets | 22/27 | €209,707 | €201,725 | -€7,982 | -3.8% |
| Land and buildings | 22 | €174,905 | €167,851 | -€7,054 | -4.0% |
| Furniture and vehicles | 24 | €5,023 | €3,836 | -€1,187 | -23.6% |
| Other tangible fixed assets | 26 | €29,779 | €30,038 | +€259 | +0.9% |
| Current assets | 29/58 | €68,492 | €67,823 | -€669 | -1.0% |
| Amounts receivable within one year | 40/41 | €49,875 | €49,610 | -€266 | -0.5% |
| Other amounts receivable | 41 | €49,875 | €49,610 | -€266 | -0.5% |
| Cash at bank and in hand | 54/58 | €17,924 | €17,536 | -€388 | -2.2% |
| Deferred charges and accrued income | 490/1 | €692 | €678 | -€15 | -2.1% |
| Total equity and liabilities | 10/49 | €278,198 | €269,548 | -€8,650 | -3.1% |
| Equity | 10/15 | €277,755 | €244,668 | -€33,087 | -11.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €171,116 | €106,200 | -€64,916 | -37.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €64,916 | - | -€64,916 | |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,639 | €76,468 | +€31,828 | +71.3% |
| Amounts payable | 17/49 | €443 | €24,880 | +€24,437 | +5,512% |
| Amounts payable within one year | 42/48 | €439 | €24,880 | +€24,441 | +5,569% |
| Trade debts | 44 | €54 | €17,132 | +€17,078 | +31,370% |
| Suppliers | 440/4 | €54 | €17,132 | +€17,078 | +31,370% |
| Taxes, remuneration and social security | 45 | €384 | €7,748 | +€7,364 | +1,915% |
| Taxes | 450/3 | €384 | €7,748 | +€7,364 | +1,915% |
| Accrued charges and deferred income | 492/3 | €4 | - | -€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,396 | €11,539 | +€143 | +1.3% |
| Other operating charges | 640/8 | €7,463 | €8,273 | +€810 | +10.9% |
| Gross operating margin | 9900 | -€5,040 | -€12,784 | -€7,744 | -154% |
| Operating profit (loss) | 9901 | -€23,899 | -€32,596 | -€8,697 | -36.4% |
| Financial income | 75/76B | €433 | - | -€433 | |
| Recurring financial income | 75 | €433 | - | -€433 | |
| Financial charges | 65/66B | €254 | €491 | +€237 | +93.2% |
| Recurring financial charges | 65 | €254 | €491 | +€237 | +93.2% |
| Profit (loss) for the period before taxes | 9903 | -€23,720 | -€33,087 | -€9,367 | -39.5% |
| Profit (loss) for the period | 9904 | -€23,720 | -€33,087 | -€9,367 | -39.5% |
| Transfer from tax-exempt reserves | 789 | €7,504 | €64,916 | +€57,412 | +765% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,216 | €31,828 | +€48,045 |
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 21 October 2026 via checked.be.