O.D. PROJECTS: 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.
O.D. PROJECTS
Largest movements
- Cash -€4,007
down €4,007 (-19.5%), from €20,561 to €16,554
mainly Debts after one year (-€21,633) and Tax, wage and social debts (-€5,959)
- Tangible fixed assets -€3,996
down €3,996 (-39.3%), from €10,174 to €6,178
- Debts after one year -€21,633
down €21,633 (-27.8%), from €77,768 to €56,134
- Profit (loss) carried forward +€13,382
up €13,382 (+24.8%), from €53,887 to €67,269
- Tax, wage and social debts -€5,959
down €5,959 (-40.6%), from €14,691 to €8,732
of which Taxes: -€5,752
- Short-term financial debts +€5,507
up €5,507, from €0 to €5,507
- Gross operating margin -€1,712
down €1,712 (-2.2%), from €76,862 to €75,151
- Depreciation +€1,109
up €1,109 (+16.1%), from €6,886 to €7,996
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 | €234,200 | €225,609 | -€8,591 | -3.7% |
| Fixed assets | 21/28 | €210,220 | €206,224 | -€3,996 | -1.9% |
| Tangible fixed assets | 22/27 | €10,174 | €6,178 | -€3,996 | -39.3% |
| Furniture and vehicles | 24 | €10,174 | €6,178 | -€3,996 | -39.3% |
| Financial fixed assets | 28 | €200,045 | €200,045 | = | 0.0% |
| Current assets | 29/58 | €23,981 | €19,386 | -€4,595 | -19.2% |
| Amounts receivable within one year | 40/41 | €0 | €1,075 | +€1,075 | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €1,075 | +€1,075 | |
| Cash at bank and in hand | 54/58 | €20,561 | €16,554 | -€4,007 | -19.5% |
| Deferred charges and accrued income | 490/1 | €3,420 | €1,756 | -€1,663 | -48.6% |
| Total equity and liabilities | 10/49 | €234,200 | €225,609 | -€8,591 | -3.7% |
| Equity | 10/15 | €78,887 | €92,269 | +€13,382 | +17.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,887 | €67,269 | +€13,382 | +24.8% |
| Amounts payable | 17/49 | €155,313 | €133,340 | -€21,973 | -14.1% |
| Amounts payable after more than one year | 17 | €77,768 | €56,134 | -€21,633 | -27.8% |
| Financial debts | 170/4 | €77,768 | €56,134 | -€21,633 | -27.8% |
| Amounts payable within one year | 42/48 | €76,600 | €75,876 | -€724 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €21,182 | €21,633 | +€452 | +2.1% |
| Financial debts | 43 | €0 | €5,507 | +€5,507 | |
| Credit institutions | 430/8 | €0 | €5,507 | +€5,507 | |
| Trade debts | 44 | €1,108 | €1,110 | +€2 | +0.2% |
| Suppliers | 440/4 | €1,108 | €1,110 | +€2 | +0.2% |
| Taxes, remuneration and social security | 45 | €14,691 | €8,732 | -€5,959 | -40.6% |
| Taxes | 450/3 | €9,291 | €3,539 | -€5,752 | -61.9% |
| Remuneration and social security | 454/9 | €5,401 | €5,193 | -€207 | -3.8% |
| Other amounts payable | 47/48 | €39,619 | €38,893 | -€726 | -1.8% |
| Accrued charges and deferred income | 492/3 | €946 | €1,330 | +€384 | +40.6% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €40,207 | €40,638 | +€431 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,886 | €7,996 | +€1,109 | +16.1% |
| Other operating charges | 640/8 | €4,106 | €4,741 | +€634 | +15.4% |
| Gross operating margin | 9900 | €76,862 | €75,151 | -€1,712 | -2.2% |
| Operating profit (loss) | 9901 | €25,663 | €21,776 | -€3,886 | -15.1% |
| Financial income | 75/76B | €54 | €44 | -€10 | -19.3% |
| Recurring financial income | 75 | €54 | €44 | -€10 | -19.3% |
| Financial charges | 65/66B | €4,025 | €3,373 | -€652 | -16.2% |
| Recurring financial charges | 65 | €4,025 | €3,373 | -€652 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €21,692 | €18,447 | -€3,245 | -15.0% |
| Income taxes | 67/77 | €5,189 | €5,065 | -€125 | -2.4% |
| Profit (loss) for the period | 9904 | €16,502 | €13,382 | -€3,120 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,502 | €13,382 | -€3,120 | -18.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.