ODB ELEKTRO: 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.
ODB ELEKTRO
Largest movements
- Tangible fixed assets -€25,204
down €25,204 (-15.7%), from €160,587 to €135,383
of which Leasing and similar rights: -€20,283
- Cash +€14,451
up €14,451 (+111%), from €12,998 to €27,449
mainly Depreciation (+€34,207) and Net result for the year (+€7,072)
- Receivables within one year -€4,953
down €4,953 (-16.3%), from €30,465 to €25,512
of which Trade receivables: -€11,404
- Debts after one year -€28,556
down €28,556 (-29.3%), from €97,479 to €68,923
- Reserves +€7,072
up €7,072 (+12.9%), from €54,763 to €61,835
- Other debts +€6,358
up €6,358 (+304%), from €2,094 to €8,453
- Gross operating margin -€1,784
down €1,784 (-3.6%), from €49,830 to €48,046
- Financial charges -€612
down €612 (-16.8%), from €3,638 to €3,025
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 | €213,820 | €197,751 | -€16,068 | -7.5% |
| Fixed assets | 21/28 | €160,587 | €135,383 | -€25,204 | -15.7% |
| Tangible fixed assets | 22/27 | €160,587 | €135,383 | -€25,204 | -15.7% |
| Land and buildings | 22 | €71,689 | €62,911 | -€8,778 | -12.2% |
| Plant, machinery and equipment | 23 | €2,633 | €1,490 | -€1,143 | -43.4% |
| Furniture and vehicles | 24 | €5,961 | €13,354 | +€7,393 | +124% |
| Leasing and similar rights | 25 | €66,350 | €46,067 | -€20,283 | -30.6% |
| Other tangible fixed assets | 26 | €13,955 | €11,561 | -€2,394 | -17.2% |
| Current assets | 29/58 | €53,232 | €62,368 | +€9,136 | +17.2% |
| Stocks and contracts in progress | 3 | €9,356 | €9,356 | = | 0.0% |
| Stocks | 30/36 | €9,356 | €9,356 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,465 | €25,512 | -€4,953 | -16.3% |
| Trade receivables | 40 | €23,108 | €11,704 | -€11,404 | -49.4% |
| Other amounts receivable | 41 | €7,358 | €13,808 | +€6,451 | +87.7% |
| Cash at bank and in hand | 54/58 | €12,998 | €27,449 | +€14,451 | +111% |
| Deferred charges and accrued income | 490/1 | €413 | €52 | -€361 | -87.5% |
| Total equity and liabilities | 10/49 | €213,820 | €197,751 | -€16,068 | -7.5% |
| Equity | 10/15 | €77,158 | €84,231 | +€7,072 | +9.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €54,763 | €61,835 | +€7,072 | +12.9% |
| Distributable reserves | 133 | €54,763 | €61,835 | +€7,072 | +12.9% |
| Profit (loss) carried forward | 14 | €1,936 | €1,936 | = | 0.0% |
| Amounts payable | 17/49 | €136,661 | €113,521 | -€23,141 | -16.9% |
| Amounts payable after more than one year | 17 | €97,479 | €68,923 | -€28,556 | -29.3% |
| Financial debts | 170/4 | €97,479 | €68,923 | -€28,556 | -29.3% |
| Amounts payable within one year | 42/48 | €39,183 | €44,598 | +€5,415 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €29,129 | €29,796 | +€667 | +2.3% |
| Taxes, remuneration and social security | 45 | €7,959 | €6,349 | -€1,610 | -20.2% |
| Taxes | 450/3 | €7,959 | €6,349 | -€1,610 | -20.2% |
| Other amounts payable | 47/48 | €2,094 | €8,453 | +€6,358 | +304% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,079 | €34,207 | +€128 | +0.4% |
| Other operating charges | 640/8 | €465 | €209 | -€256 | -55.1% |
| Gross operating margin | 9900 | €49,830 | €48,046 | -€1,784 | -3.6% |
| Operating profit (loss) | 9901 | €15,286 | €13,630 | -€1,656 | -10.8% |
| Financial income | 75/76B | €92 | €22 | -€70 | -75.7% |
| Recurring financial income | 75 | €92 | €22 | -€70 | -75.7% |
| Financial charges | 65/66B | €3,638 | €3,025 | -€612 | -16.8% |
| Recurring financial charges | 65 | €3,638 | €3,025 | -€612 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €11,740 | €10,627 | -€1,113 | -9.5% |
| Income taxes | 67/77 | €3,899 | €3,555 | -€344 | -8.8% |
| Profit (loss) for the period | 9904 | €7,841 | €7,072 | -€769 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,841 | €7,072 | -€769 | -9.8% |
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 24 October 2026 via checked.be.