Ode's Design: 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's Design
Largest movements
- Cash -€87,127
down €87,127 (-79.7%), from €109,316 to €22,189
mainly Contributions, distributions and other (-€40,712) and Other debts (-€38,647)
- Stocks and contracts +€36,572
new in 2025: €36,572
- Tangible fixed assets +€5,923
up €5,923 (+57.3%), from €10,343 to €16,265
- Deferred charges and accrued income +€3,169
up €3,169 (+424.6%), from €746 to €3,915
- Other debts -€38,647
down €38,647 (-35.0%), from €110,345 to €71,698
- Tax, wage and social debts -€10,131
down €10,131 (-58.4%), from €17,350 to €7,219
of which Taxes: -€14,947
- Debts after one year +€6,896
new in 2025: €6,896
- Trade debts -€2,965
down €2,965 (-25.5%), from €11,609 to €8,644
- Advances received +€2,850
new in 2025: €2,850
- Gross operating margin +€25,639
up €25,639 (+48.9%), from €52,416 to €78,055
- Staff costs +€18,437
new in 2025: €18,437
- Other operating charges -€2,443
down €2,443 (-69.6%), from €3,509 to €1,066
- Financial charges +€900
up €900 (+49.4%), from €1,823 to €2,723
- Taxes +€854
up €854 (+7.9%), from €10,835 to €11,689
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 | €141,805 | €101,396 | -€40,409 | -28.5% |
| Fixed assets | 21/28 | €10,343 | €16,265 | +€5,923 | +57.3% |
| Tangible fixed assets | 22/27 | €10,343 | €16,265 | +€5,923 | +57.3% |
| Furniture and vehicles | 24 | €10,343 | €16,265 | +€5,923 | +57.3% |
| Current assets | 29/58 | €131,462 | €85,130 | -€46,332 | -35.2% |
| Stocks and contracts in progress | 3 | - | €36,572 | +€36,572 | |
| Stocks | 30/36 | - | €36,572 | +€36,572 | |
| Amounts receivable within one year | 40/41 | €21,400 | €22,455 | +€1,055 | +4.9% |
| Trade receivables | 40 | €21,400 | €21,084 | -€316 | -1.5% |
| Other amounts receivable | 41 | €0 | €1,371 | +€1,371 | |
| Cash at bank and in hand | 54/58 | €109,316 | €22,189 | -€87,127 | -79.7% |
| Deferred charges and accrued income | 490/1 | €746 | €3,915 | +€3,169 | +424.6% |
| Total equity and liabilities | 10/49 | €141,805 | €101,396 | -€40,409 | -28.5% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €139,305 | €98,896 | -€40,409 | -29.0% |
| Amounts payable after more than one year | 17 | - | €6,896 | +€6,896 | |
| Financial debts | 170/4 | - | €6,896 | +€6,896 | |
| Amounts payable within one year | 42/48 | €139,305 | €92,000 | -€47,305 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | - | €1,588 | +€1,588 | |
| Trade debts | 44 | €11,609 | €8,644 | -€2,965 | -25.5% |
| Suppliers | 440/4 | €11,609 | €8,644 | -€2,965 | -25.5% |
| Advances received on contracts in progress | 46 | - | €2,850 | +€2,850 | |
| Taxes, remuneration and social security | 45 | €17,350 | €7,219 | -€10,131 | -58.4% |
| Taxes | 450/3 | €17,350 | €2,403 | -€14,947 | -86.2% |
| Remuneration and social security | 454/9 | - | €4,816 | +€4,816 | |
| Other amounts payable | 47/48 | €110,345 | €71,698 | -€38,647 | -35.0% |
| Remuneration, social security and pensions | 62 | - | €18,437 | +€18,437 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,058 | €3,779 | +€721 | +23.6% |
| Other operating charges | 640/8 | €3,509 | €1,066 | -€2,443 | -69.6% |
| Gross operating margin | 9900 | €52,416 | €78,055 | +€25,639 | +48.9% |
| Operating profit (loss) | 9901 | €45,849 | €54,773 | +€8,924 | +19.5% |
| Financial income | 75/76B | €1,083 | €351 | -€732 | -67.6% |
| Recurring financial income | 75 | €1,083 | €351 | -€732 | -67.6% |
| Financial charges | 65/66B | €1,823 | €2,723 | +€900 | +49.4% |
| Recurring financial charges | 65 | €1,823 | €2,723 | +€900 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €45,109 | €52,401 | +€7,292 | +16.2% |
| Income taxes | 67/77 | €10,835 | €11,689 | +€854 | +7.9% |
| Profit (loss) for the period | 9904 | €34,274 | €40,712 | +€6,438 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,274 | €40,712 | +€6,438 | +18.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.