ODAIA: 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.
ODAIA
Largest movements
- Receivables within one year +€115,762
up €115,762 (+30.7%), from €377,313 to €493,075
of which Other amounts receivable: +€115,762
- Tangible fixed assets -€66,371
down €66,371 (-2.8%), from €2.3m to €2.3m
of which Land and buildings: -€65,872
- Other debts +€186,755
up €186,755 (+3,231%), from €5,781 to €192,536
- Reserves -€99,965
down €99,965 (-10.1%), from €986,115 to €886,150
- Gross operating margin +€7,281
up €7,281 (+3.3%), from €221,721 to €229,002
- Depreciation -€6,914
down €6,914 (-9.4%), from €73,285 to €66,371
- Taxes +€4,945
up €4,945 (+13.9%), from €35,527 to €40,472
- Financial charges -€2,690
down €2,690 (-22.1%), from €12,179 to €9,490
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.
Derived cash bridge
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 | €2,746,282 | €2,810,097 | +€63,815 | +2.3% |
| Fixed assets | 21/28 | €2,329,217 | €2,262,996 | -€66,221 | -2.8% |
| Tangible fixed assets | 22/27 | €2,329,217 | €2,262,846 | -€66,371 | -2.8% |
| Land and buildings | 22 | €2,328,546 | €2,262,675 | -€65,872 | -2.8% |
| Plant, machinery and equipment | 23 | €671 | €172 | -€499 | -74.4% |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €417,065 | €547,100 | +€130,035 | +31.2% |
| Amounts receivable within one year | 40/41 | €377,313 | €493,075 | +€115,762 | +30.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €377,313 | €493,075 | +€115,762 | +30.7% |
| Cash at bank and in hand | 54/58 | €39,535 | €51,109 | +€11,574 | +29.3% |
| Deferred charges and accrued income | 490/1 | €217 | €2,916 | +€2,699 | +1,243% |
| Total equity and liabilities | 10/49 | €2,746,282 | €2,810,097 | +€63,815 | +2.3% |
| Equity | 10/15 | €2,200,539 | €2,100,575 | -€99,965 | -4.5% |
| Contributions | 10/11 | €171,676 | €171,676 | = | 0.0% |
| Revaluation surpluses | 12 | €1,042,748 | €1,042,748 | = | 0.0% |
| Reserves | 13 | €986,115 | €886,150 | -€99,965 | -10.1% |
| Distributable reserves | 133 | €986,115 | €886,150 | -€99,965 | -10.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €545,742 | €709,522 | +€163,780 | +30.0% |
| Amounts payable after more than one year | 17 | €197,066 | €174,269 | -€22,797 | -11.6% |
| Financial debts | 170/4 | €197,066 | €174,269 | -€22,797 | -11.6% |
| Amounts payable within one year | 42/48 | €344,511 | €533,648 | +€189,137 | +54.9% |
| Current portion of amounts payable after more than one year | 42 | €35,515 | €24,653 | -€10,862 | -30.6% |
| Trade debts | 44 | €3,317 | €1,343 | -€1,974 | -59.5% |
| Suppliers | 440/4 | €3,317 | €1,343 | -€1,974 | -59.5% |
| Taxes, remuneration and social security | 45 | €299,898 | €315,117 | +€15,218 | +5.1% |
| Taxes | 450/3 | €297,301 | €312,519 | +€15,218 | +5.1% |
| Remuneration and social security | 454/9 | €2,597 | €2,597 | = | 0.0% |
| Other amounts payable | 47/48 | €5,781 | €192,536 | +€186,755 | +3,231% |
| Accrued charges and deferred income | 492/3 | €4,166 | €1,605 | -€2,561 | -61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,285 | €66,371 | -€6,914 | -9.4% |
| Other operating charges | 640/8 | €16,768 | €17,959 | +€1,191 | +7.1% |
| Gross operating margin | 9900 | €221,721 | €229,002 | +€7,281 | +3.3% |
| Operating profit (loss) | 9901 | €131,668 | €144,672 | +€13,005 | +9.9% |
| Financial charges | 65/66B | €12,179 | €9,490 | -€2,690 | -22.1% |
| Recurring financial charges | 65 | €12,179 | €9,490 | -€2,690 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €119,488 | €135,182 | +€15,694 | +13.1% |
| Income taxes | 67/77 | €35,527 | €40,472 | +€4,945 | +13.9% |
| Profit (loss) for the period | 9904 | €83,961 | €94,710 | +€10,749 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,961 | €94,710 | +€10,749 | +12.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.