ODE HOLDING: 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 HOLDING
Largest movements
- Tangible fixed assets -€593,658
down €593,658 (-5.3%), from €11.3m to €10.7m
of which Land and buildings: -€586,770
- Cash -€212,798
down €212,798 (-56.8%), from €374,480 to €161,682
mainly Other debts (-€542,889) and Debts after one year (-€462,872)
- Other debts -€542,889
down €542,889 (-43.4%), from €1.2m to €706,684
- Debts after one year -€462,872
down €462,872 (-6.4%), from €7.2m to €6.8m
- Financial income -€147,142
down €147,142 (-99.8%), from €147,498 to €357
of which Financial income: -€147,142
- Financial charges -€121,681
down €121,681 (-32.2%), from €377,460 to €255,779
- Taxes +€73,347
up €73,347 (+542%), from €13,539 to €86,886
- Turnover +€26,507
up €26,507 (+2.7%), from €991,579 to €1.0m
- Gross operating margin +€22,496
up €22,496 (+2.3%), from €993,439 to €1.0m
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 | €12,185,917 | €11,337,611 | -€848,306 | -7.0% |
| Fixed assets | 21/28 | €11,291,800 | €10,698,142 | -€593,658 | -5.3% |
| Tangible fixed assets | 22/27 | €11,291,800 | €10,698,142 | -€593,658 | -5.3% |
| Land and buildings | 22 | €11,214,602 | €10,627,832 | -€586,770 | -5.2% |
| Plant, machinery and equipment | 23 | €66,695 | €63,041 | -€3,654 | -5.5% |
| Furniture and vehicles | 24 | €10,502 | €7,268 | -€3,234 | -30.8% |
| Current assets | 29/58 | €894,118 | €639,470 | -€254,648 | -28.5% |
| Cash at bank and in hand | 54/58 | €374,480 | €161,682 | -€212,798 | -56.8% |
| Deferred charges and accrued income | 490/1 | €519,637 | €477,787 | -€41,850 | -8.1% |
| Total equity and liabilities | 10/49 | €12,185,917 | €11,337,611 | -€848,306 | -7.0% |
| Equity | 10/15 | €3,189,346 | €3,266,369 | +€77,024 | +2.4% |
| Contributions | 10/11 | €1,162,000 | €1,162,000 | = | 0.0% |
| Capital | 10 | €1,162,000 | €1,162,000 | = | 0.0% |
| Issued capital | 100 | €1,162,000 | €1,162,000 | = | 0.0% |
| Reserves | 13 | €116,200 | €116,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €116,200 | €116,200 | = | 0.0% |
| Legal reserve | 130 | €116,200 | €116,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,911,146 | €1,988,169 | +€77,024 | +4.0% |
| Amounts payable | 17/49 | €8,996,572 | €8,071,242 | -€925,330 | -10.3% |
| Amounts payable after more than one year | 17 | €7,235,767 | €6,772,895 | -€462,872 | -6.4% |
| Financial debts | 170/4 | €7,235,767 | €6,772,895 | -€462,872 | -6.4% |
| Amounts payable within one year | 42/48 | €1,716,501 | €1,256,442 | -€460,060 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €452,422 | €462,872 | +€10,450 | +2.3% |
| Trade debts | 44 | €968 | - | -€968 | |
| Suppliers | 440/4 | €968 | - | -€968 | |
| Taxes, remuneration and social security | 45 | €13,539 | €86,886 | +€73,347 | +542% |
| Taxes | 450/3 | €13,539 | €86,886 | +€73,347 | +542% |
| Other amounts payable | 47/48 | €1,249,573 | €706,684 | -€542,889 | -43.4% |
| Accrued charges and deferred income | 492/3 | €44,304 | €41,906 | -€2,398 | -5.4% |
| Turnover | 70 | €991,579 | €1,018,085 | +€26,507 | +2.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €148 | €4,096 | +€3,949 | +2,670% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593,658 | €593,658 | = | 0.0% |
| Other operating charges | 640/8 | €2,976 | €2,946 | -€30 | -1.0% |
| Non-recurring operating charges | 66A | €1,883,529 | - | -€1.9m | |
| Gross operating margin | 9900 | €993,439 | €1,015,936 | +€22,496 | +2.3% |
| Operating profit (loss) | 9901 | -€1,486,724 | €419,332 | +€1.9m | |
| Financial income | 75/76B | €147,498 | €357 | -€147,142 | -99.8% |
| Recurring financial income | 75 | €147,498 | €357 | -€147,142 | -99.8% |
| Non-recurring financial income | 76B | - | €357 | +€357 | |
| Financial charges | 65/66B | €377,460 | €255,779 | -€121,681 | -32.2% |
| Recurring financial charges | 65 | €377,460 | €255,779 | -€121,681 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,716,685 | €163,910 | +€1.9m | |
| Income taxes | 67/77 | €13,539 | €86,886 | +€73,347 | +542% |
| Profit (loss) for the period | 9904 | -€1,730,224 | €77,024 | +€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,730,224 | €77,024 | +€1.8m |
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 15 October 2026 via checked.be.