ODE A LA BEAUTE: 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.
ODE A LA BEAUTE
Largest movements
- Tangible fixed assets -€11,785
down €11,785 (-4.8%), from €243,418 to €231,633
of which Land and buildings: -€8,680
- Cash -€8,068
down €8,068 (-47.3%), from €17,050 to €8,982
mainly Net result for the year (-€14,537) and Debts after one year (-€10,860)
- Profit (loss) carried forward -€14,537
down €14,537 (-64.9%), from -€22,408 to -€36,945
- Debts after one year -€10,860
down €10,860 (-4.4%), from €247,745 to €236,885
- Trade debts +€5,883
up €5,883 (+125.9%), from €4,672 to €10,555
- Gross operating margin -€29,891
down €29,891 (-67.1%), from €44,549 to €14,658
- Staff costs -€1,920
no longer reported in 2026 (was €1,920)
- Depreciation -€849
down €849 (-6.1%), from €13,897 to €13,048
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,059 | €261,868 | -€20,191 | -7.2% |
| Fixed assets | 21/28 | €243,418 | €232,033 | -€11,385 | -4.7% |
| Tangible fixed assets | 22/27 | €243,418 | €231,633 | -€11,785 | -4.8% |
| Land and buildings | 22 | €230,490 | €221,810 | -€8,680 | -3.8% |
| Plant, machinery and equipment | 23 | €12,162 | €8,154 | -€4,008 | -33.0% |
| Furniture and vehicles | 24 | €766 | €1,669 | +€903 | +117.9% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €38,641 | €29,835 | -€8,806 | -22.8% |
| Stocks and contracts in progress | 3 | €21,018 | €20,853 | -€165 | -0.8% |
| Stocks | 30/36 | €21,018 | €20,853 | -€165 | -0.8% |
| Amounts receivable within one year | 40/41 | €573 | - | -€573 | |
| Other amounts receivable | 41 | €573 | - | -€573 | |
| Cash at bank and in hand | 54/58 | €17,050 | €8,982 | -€8,068 | -47.3% |
| Total equity and liabilities | 10/49 | €282,059 | €261,868 | -€20,191 | -7.2% |
| Equity | 10/15 | €13,555 | -€982 | -€14,537 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,963 | €30,963 | = | 0.0% |
| Distributable reserves | 133 | €30,963 | €30,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,408 | -€36,945 | -€14,537 | -64.9% |
| Amounts payable | 17/49 | €268,504 | €262,850 | -€5,654 | -2.1% |
| Amounts payable after more than one year | 17 | €247,745 | €236,885 | -€10,860 | -4.4% |
| Financial debts | 170/4 | €247,745 | €236,885 | -€10,860 | -4.4% |
| Amounts payable within one year | 42/48 | €20,758 | €25,965 | +€5,207 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €10,318 | €10,860 | +€542 | +5.3% |
| Trade debts | 44 | €4,672 | €10,555 | +€5,883 | +125.9% |
| Suppliers | 440/4 | €4,672 | €10,555 | +€5,883 | +125.9% |
| Taxes, remuneration and social security | 45 | €5,106 | €4,550 | -€556 | -10.9% |
| Taxes | 450/3 | €5,106 | €4,550 | -€556 | -10.9% |
| Other amounts payable | 47/48 | €662 | - | -€662 | |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Remuneration, social security and pensions | 62 | €1,920 | - | -€1,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,897 | €13,048 | -€849 | -6.1% |
| Other operating charges | 640/8 | €1,870 | €1,653 | -€217 | -11.6% |
| Gross operating margin | 9900 | €44,549 | €14,658 | -€29,891 | -67.1% |
| Operating profit (loss) | 9901 | €26,862 | -€43 | -€26,905 | |
| Financial charges | 65/66B | €14,093 | €14,195 | +€102 | +0.7% |
| Recurring financial charges | 65 | €14,093 | €14,195 | +€102 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €12,769 | -€14,238 | -€27,007 | |
| Income taxes | 67/77 | €218 | €299 | +€81 | +37.2% |
| Profit (loss) for the period | 9904 | €12,551 | -€14,537 | -€27,088 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,551 | -€14,537 | -€27,088 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.