OD Technical Services: what changed
OD Technical Services
Largest movements
- Tangible fixed assets +€11,135
up €11,135 (+14.1%), from €79,129 to €90,264
of which Other tangible fixed assets: +€10,430
- Cash +€7,855
up €7,855 (+32.3%), from €24,345 to €32,200
mainly Depreciation (+€20,465) and Net result for the year (+€17,946)
- Receivables within one year +€1,494
up €1,494 (+20.5%), from €7,277 to €8,771
of which Trade receivables: +€2,902
- Reserves +€15,000
up €15,000 (+126%), from €11,860 to €26,860
of which Distributable reserves: +€15,000
- Tax, wage and social debts +€9,286
up €9,286 (+121%), from €7,696 to €16,981
of which Taxes: +€9,334
- Debts after one year -€8,930
down €8,930 (-32.7%), from €27,304 to €18,374
- Other debts +€7,516
up €7,516 (+3,203%), from €235 to €7,751
- Trade debts +€7,087
up €7,087 (+73.9%), from €9,590 to €16,676
- Gross operating margin +€17,235
up €17,235 (+46.3%), from €37,255 to €54,490
- Taxes +€8,692
up €8,692 (+171%), from €5,092 to €13,784
- Depreciation +€6,408
up €6,408 (+45.6%), from €14,057 to €20,465
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,751 | €131,235 | +€20,484 | +18.5% |
| Fixed assets | 21/28 | €79,129 | €90,264 | +€11,135 | +14.1% |
| Tangible fixed assets | 22/27 | €79,129 | €90,264 | +€11,135 | +14.1% |
| Plant, machinery and equipment | 23 | €4,202 | €4,544 | +€342 | +8.1% |
| Furniture and vehicles | 24 | €42,980 | €43,344 | +€364 | +0.8% |
| Other tangible fixed assets | 26 | €31,947 | €42,376 | +€10,430 | +32.6% |
| Current assets | 29/58 | €31,623 | €40,971 | +€9,348 | +29.6% |
| Amounts receivable within one year | 40/41 | €7,277 | €8,771 | +€1,494 | +20.5% |
| Trade receivables | 40 | €5,869 | €8,771 | +€2,902 | +49.4% |
| Other amounts receivable | 41 | €1,408 | - | -€1,408 | |
| Cash at bank and in hand | 54/58 | €24,345 | €32,200 | +€7,855 | +32.3% |
| Total equity and liabilities | 10/49 | €110,751 | €131,235 | +€20,484 | +18.5% |
| Equity | 10/15 | €51,724 | €61,099 | +€9,375 | +18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,860 | €26,860 | +€15,000 | +126% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €25,000 | +€15,000 | +150% |
| Profit (loss) carried forward | 14 | €33,664 | €28,039 | -€5,625 | -16.7% |
| Amounts payable | 17/49 | €59,027 | €70,136 | +€11,109 | +18.8% |
| Amounts payable after more than one year | 17 | €27,304 | €18,374 | -€8,930 | -32.7% |
| Financial debts | 170/4 | €27,304 | €18,374 | -€8,930 | -32.7% |
| Amounts payable within one year | 42/48 | €31,723 | €51,762 | +€20,039 | +63.2% |
| Current portion of amounts payable after more than one year | 42 | €14,203 | €10,354 | -€3,849 | -27.1% |
| Trade debts | 44 | €9,590 | €16,676 | +€7,087 | +73.9% |
| Suppliers | 440/4 | €9,590 | €16,676 | +€7,087 | +73.9% |
| Taxes, remuneration and social security | 45 | €7,696 | €16,981 | +€9,286 | +121% |
| Taxes | 450/3 | €5,448 | €14,781 | +€9,334 | +171% |
| Remuneration and social security | 454/9 | €2,248 | €2,200 | -€48 | -2.1% |
| Other amounts payable | 47/48 | €235 | €7,751 | +€7,516 | +3,203% |
| Non-recurring operating income | 76A | €6,436 | - | -€6,436 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,057 | €20,465 | +€6,408 | +45.6% |
| Other operating charges | 640/8 | €766 | €952 | +€187 | +24.4% |
| Non-recurring operating charges | 66A | €4,644 | - | -€4,644 | |
| Gross operating margin | 9900 | €37,255 | €54,490 | +€17,235 | +46.3% |
| Operating profit (loss) | 9901 | €17,789 | €33,072 | +€15,283 | +85.9% |
| Financial charges | 65/66B | €1,409 | €1,342 | -€67 | -4.7% |
| Recurring financial charges | 65 | €1,409 | €1,342 | -€67 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €16,380 | €31,730 | +€15,350 | +93.7% |
| Income taxes | 67/77 | €5,092 | €13,784 | +€8,692 | +171% |
| Profit (loss) for the period | 9904 | €11,288 | €17,946 | +€6,658 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,288 | €17,946 | +€6,658 | +59.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.