OD CONCEPT: 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.
OD CONCEPT
Largest movements
- Tangible fixed assets +€30,314
up €30,314 (+591%), from €5,131 to €35,445
- Receivables within one year -€21,474
down €21,474 (-69.3%), from €31,004 to €9,530
- Cash +€17,645
up €17,645 (+25.0%), from €70,705 to €88,350
mainly Receivables within one year (+€21,474) and Debts after one year (+€12,273)
- Debts after one year +€12,273
up €12,273 (+691%), from €1,775 to €14,048
- Other debts +€6,314
up €6,314 (+8.2%), from €76,713 to €83,027
- Reserves +€4,090
new in 2024: €4,090
- Current portion of long-term debt +€2,576
up €2,576 (+73.6%), from €3,500 to €6,075
- Trade debts +€2,152
up €2,152 (+148%), from €1,450 to €3,602
- Depreciation +€3,321
up €3,321 (+94.4%), from €3,518 to €6,840
- Gross operating margin +€1,577
up €1,577 (+13.1%), from €12,008 to €13,585
- Financial charges +€665
up €665 (+159%), from €420 to €1,085
- Taxes +€409
new in 2024: €409
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 | €107,864 | €134,648 | +€26,784 | +24.8% |
| Fixed assets | 21/28 | €5,131 | €35,445 | +€30,314 | +591% |
| Tangible fixed assets | 22/27 | €5,131 | €35,445 | +€30,314 | +591% |
| Furniture and vehicles | 24 | €5,131 | €35,445 | +€30,314 | +591% |
| Current assets | 29/58 | €102,733 | €99,203 | -€3,530 | -3.4% |
| Amounts receivable within one year | 40/41 | €31,004 | €9,530 | -€21,474 | -69.3% |
| Trade receivables | 40 | €31,004 | €9,530 | -€21,474 | -69.3% |
| Cash at bank and in hand | 54/58 | €70,705 | €88,350 | +€17,645 | +25.0% |
| Deferred charges and accrued income | 490/1 | €1,024 | €1,323 | +€299 | +29.2% |
| Total equity and liabilities | 10/49 | €107,864 | €134,648 | +€26,784 | +24.8% |
| Equity | 10/15 | €17,891 | €22,692 | +€4,801 | +26.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €4,090 | +€4,090 | |
| Distributable reserves | 133 | - | €4,090 | +€4,090 | |
| Profit (loss) carried forward | 14 | -€709 | €2 | +€711 | |
| Amounts payable | 17/49 | €89,972 | €111,956 | +€21,983 | +24.4% |
| Amounts payable after more than one year | 17 | €1,775 | €14,048 | +€12,273 | +691% |
| Financial debts | 170/4 | €1,775 | €14,048 | +€12,273 | +691% |
| Amounts payable within one year | 42/48 | €88,149 | €97,908 | +€9,759 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €3,500 | €6,075 | +€2,576 | +73.6% |
| Trade debts | 44 | €1,450 | €3,602 | +€2,152 | +148% |
| Suppliers | 440/4 | €1,450 | €3,602 | +€2,152 | +148% |
| Taxes, remuneration and social security | 45 | €6,486 | €5,203 | -€1,283 | -19.8% |
| Taxes | 450/3 | €6,486 | €5,203 | -€1,283 | -19.8% |
| Other amounts payable | 47/48 | €76,713 | €83,027 | +€6,314 | +8.2% |
| Accrued charges and deferred income | 492/3 | €48 | - | -€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,518 | €6,840 | +€3,321 | +94.4% |
| Other operating charges | 640/8 | €384 | €450 | +€66 | +17.2% |
| Gross operating margin | 9900 | €12,008 | €13,585 | +€1,577 | +13.1% |
| Operating profit (loss) | 9901 | €8,105 | €6,295 | -€1,810 | -22.3% |
| Financial charges | 65/66B | €420 | €1,085 | +€665 | +159% |
| Recurring financial charges | 65 | €420 | €1,085 | +€665 | +159% |
| Profit (loss) for the period before taxes | 9903 | €7,686 | €5,210 | -€2,476 | -32.2% |
| Income taxes | 67/77 | - | €409 | +€409 | |
| Profit (loss) for the period | 9904 | €7,686 | €4,801 | -€2,885 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,686 | €4,801 | -€2,885 | -37.5% |
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 13 October 2026 via checked.be.