ODARVA: 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.
ODARVA
Largest movements
- Receivables within one year +€95,000
up €95,000 (+54.3%), from €175,000 to €270,000
- Reserves +€87,281
up €87,281 (+37.3%), from €233,922 to €321,203
- Financial income -€175,000
down €175,000 (-63.6%), from €275,000 to €100,000
- Taxes -€14,664
down €14,664 (-62.7%), from €23,392 to €8,728
- Gross operating margin -€492
down €492 (-24.8%), from -€1,983 to -€2,474
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 | €6,307,173 | €6,398,671 | +€91,499 | +1.5% |
| Fixed assets | 21/28 | €6,029,703 | €6,029,703 | = | 0.0% |
| Financial fixed assets | 28 | €6,029,703 | €6,029,703 | = | 0.0% |
| Current assets | 29/58 | €277,470 | €368,968 | +€91,499 | +33.0% |
| Amounts receivable within one year | 40/41 | €175,000 | €270,000 | +€95,000 | +54.3% |
| Other amounts receivable | 41 | €175,000 | €270,000 | +€95,000 | +54.3% |
| Cash at bank and in hand | 54/58 | €102,470 | €98,968 | -€3,501 | -3.4% |
| Total equity and liabilities | 10/49 | €6,307,173 | €6,398,671 | +€91,499 | +1.5% |
| Equity | 10/15 | €3,140,751 | €3,228,032 | +€87,281 | +2.8% |
| Contributions | 10/11 | €2,906,829 | €2,906,829 | = | 0.0% |
| Capital | 10 | €2,906,829 | €2,906,829 | = | 0.0% |
| Issued capital | 100 | €2,906,829 | €2,906,829 | = | 0.0% |
| Reserves | 13 | €233,922 | €321,203 | +€87,281 | +37.3% |
| Distributable reserves | 133 | €233,922 | €321,203 | +€87,281 | +37.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,166,422 | €3,170,639 | +€4,217 | +0.1% |
| Amounts payable within one year | 42/48 | €3,166,422 | €3,170,639 | +€4,217 | +0.1% |
| Trade debts | 44 | €4,433 | €4,922 | +€489 | +11.0% |
| Suppliers | 440/4 | €4,433 | €4,922 | +€489 | +11.0% |
| Taxes, remuneration and social security | 45 | €23,392 | €32,120 | +€8,728 | +37.3% |
| Taxes | 450/3 | €23,392 | €32,120 | +€8,728 | +37.3% |
| Other amounts payable | 47/48 | €3,138,596 | €3,133,596 | -€5,000 | -0.2% |
| Other operating charges | 640/8 | €1,454 | €1,464 | +€10 | +0.7% |
| Gross operating margin | 9900 | -€1,983 | -€2,474 | -€492 | -24.8% |
| Operating profit (loss) | 9901 | -€3,436 | -€3,938 | -€502 | -14.6% |
| Financial income | 75/76B | €275,000 | €100,000 | -€175,000 | -63.6% |
| Recurring financial income | 75 | €275,000 | €100,000 | -€175,000 | -63.6% |
| Financial charges | 65/66B | €54 | €53 | -€1 | -1.9% |
| Recurring financial charges | 65 | €54 | €53 | -€1 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €271,510 | €96,009 | -€175,501 | -64.6% |
| Income taxes | 67/77 | €23,392 | €8,728 | -€14,664 | -62.7% |
| Profit (loss) for the period | 9904 | €248,118 | €87,281 | -€160,837 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €248,118 | €87,281 | -€160,837 | -64.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.