ODALA: 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.
ODALA
Largest movements
- Tangible fixed assets -€69,653
down €69,653 (-5.1%), from €1.4m to €1.3m
- Receivables within one year -€27,452
down €27,452 (-59.5%), from €46,104 to €18,652
of which Other amounts receivable: -€29,452
- Cash +€22,799
up €22,799 (+364.3%), from €6,259 to €29,057
mainly Depreciation (+€69,653) and Receivables within one year (+€27,452)
- Profit (loss) carried forward -€62,477
down €62,477 (-6.6%), from -€944,768 to -€1.0m
- Debts after one year -€18,500
down €18,500 (-0.9%), from €2.2m to €2.1m
- Gross operating margin -€20,378
down €20,378 (-31.6%), from €64,435 to €44,056
- Other operating charges +€9,496
up €9,496 (+78.7%), from €12,071 to €21,567
- Financial charges -€5,997
down €5,997 (-28.1%), from €21,311 to €15,314
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 | €1,425,028 | €1,363,010 | -€62,018 | -4.4% |
| Fixed assets | 21/28 | €1,367,665 | €1,298,013 | -€69,653 | -5.1% |
| Tangible fixed assets | 22/27 | €1,367,395 | €1,297,743 | -€69,653 | -5.1% |
| Land and buildings | 22 | €1,367,395 | €1,297,743 | -€69,653 | -5.1% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €57,363 | €64,997 | +€7,634 | +13.3% |
| Amounts receivable within one year | 40/41 | €46,104 | €18,652 | -€27,452 | -59.5% |
| Trade receivables | 40 | €6,152 | €8,152 | +€2,000 | +32.5% |
| Other amounts receivable | 41 | €39,952 | €10,500 | -€29,452 | -73.7% |
| Cash at bank and in hand | 54/58 | €6,259 | €29,057 | +€22,799 | +364.3% |
| Deferred charges and accrued income | 490/1 | €5,000 | €17,288 | +€12,288 | +245.8% |
| Total equity and liabilities | 10/49 | €1,425,028 | €1,363,010 | -€62,018 | -4.4% |
| Equity | 10/15 | -€894,745 | -€957,222 | -€62,477 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,423 | €31,423 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €29,564 | €29,564 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€944,768 | -€1,007,246 | -€62,477 | -6.6% |
| Amounts payable | 17/49 | €2,319,773 | €2,320,232 | +€459 | 0.0% |
| Amounts payable after more than one year | 17 | €2,152,276 | €2,133,776 | -€18,500 | -0.9% |
| Financial debts | 170/4 | €2,152,276 | €2,133,776 | -€18,500 | -0.9% |
| Amounts payable within one year | 42/48 | €57,203 | €66,414 | +€9,211 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €28,163 | €29,279 | +€1,115 | +4.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,709 | €16,865 | +€13,156 | +354.7% |
| Suppliers | 440/4 | €3,709 | €16,865 | +€13,156 | +354.7% |
| Taxes, remuneration and social security | 45 | €5,060 | €0 | -€5,060 | -100.0% |
| Taxes | 450/3 | €5,060 | €0 | -€5,060 | -100.0% |
| Other amounts payable | 47/48 | €20,271 | €20,271 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €110,294 | €120,042 | +€9,747 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,509 | €69,653 | +€143 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €12,071 | €21,567 | +€9,496 | +78.7% |
| Gross operating margin | 9900 | €64,435 | €44,056 | -€20,378 | -31.6% |
| Operating profit (loss) | 9901 | -€17,146 | -€47,163 | -€30,017 | -175.1% |
| Financial charges | 65/66B | €21,311 | €15,314 | -€5,997 | -28.1% |
| Recurring financial charges | 65 | €21,311 | €15,314 | -€5,997 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | -€38,457 | -€62,477 | -€24,021 | -62.5% |
| Profit (loss) for the period | 9904 | -€38,457 | -€62,477 | -€24,021 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,457 | -€62,477 | -€24,021 | -62.5% |
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 29 September 2026 via checked.be.