Ode Van Ussel: 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.
Ode Van Ussel
Largest movements
- Receivables after one year +€12,097
new in 2025: €12,097
- Cash +€5,154
up €5,154 (+16.6%), from €31,033 to €36,187
mainly Net result for the year (+€19,130) and Receivables within one year (+€986)
- Tangible fixed assets +€2,087
up €2,087 (+827.8%), from €252 to €2,339
- Receivables within one year -€986
no longer reported in 2025 (was €986)
- Reserves +€19,130
up €19,130 (+68.9%), from €27,775 to €46,905
- Gross operating margin +€627
up €627 (+2.6%), from €24,044 to €24,671
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 | €36,375 | €54,443 | +€18,068 | +49.7% |
| Fixed assets | 21/28 | €252 | €2,339 | +€2,087 | +827.8% |
| Tangible fixed assets | 22/27 | €252 | €2,339 | +€2,087 | +827.8% |
| Plant, machinery and equipment | 23 | €252 | €2,339 | +€2,087 | +827.8% |
| Current assets | 29/58 | €36,123 | €52,105 | +€15,981 | +44.2% |
| Amounts receivable after more than one year | 29 | - | €12,097 | +€12,097 | |
| Other amounts receivable | 291 | - | €12,097 | +€12,097 | |
| Amounts receivable within one year | 40/41 | €986 | - | -€986 | |
| Trade receivables | 40 | €986 | - | -€986 | |
| Cash at bank and in hand | 54/58 | €31,033 | €36,187 | +€5,154 | +16.6% |
| Deferred charges and accrued income | 490/1 | €4,104 | €3,820 | -€284 | -6.9% |
| Total equity and liabilities | 10/49 | €36,375 | €54,443 | +€18,068 | +49.7% |
| Equity | 10/15 | €30,275 | €49,405 | +€19,130 | +63.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €27,775 | €46,905 | +€19,130 | +68.9% |
| Distributable reserves | 133 | €27,775 | €46,905 | +€19,130 | +68.9% |
| Amounts payable | 17/49 | €6,100 | €5,039 | -€1,062 | -17.4% |
| Amounts payable within one year | 42/48 | €6,100 | €5,039 | -€1,062 | -17.4% |
| Trade debts | 44 | €447 | €22 | -€425 | -95.1% |
| Suppliers | 440/4 | €447 | €22 | -€425 | -95.1% |
| Taxes, remuneration and social security | 45 | €5,062 | €4,965 | -€97 | -1.9% |
| Taxes | 450/3 | €5,062 | €4,965 | -€97 | -1.9% |
| Other amounts payable | 47/48 | €592 | €52 | -€540 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189 | €212 | +€23 | +12.2% |
| Other operating charges | 640/8 | €500 | €400 | -€100 | -20.0% |
| Gross operating margin | 9900 | €24,044 | €24,671 | +€627 | +2.6% |
| Operating profit (loss) | 9901 | €23,355 | €24,059 | +€704 | +3.0% |
| Financial income | 75/76B | €165 | €229 | +€63 | +38.3% |
| Recurring financial income | 75 | €165 | €229 | +€63 | +38.3% |
| Financial charges | 65/66B | €88 | €193 | +€105 | +119.8% |
| Recurring financial charges | 65 | €88 | €193 | +€105 | +119.8% |
| Profit (loss) for the period before taxes | 9903 | €23,433 | €24,095 | +€662 | +2.8% |
| Income taxes | 67/77 | €4,862 | €4,965 | +€103 | +2.1% |
| Profit (loss) for the period | 9904 | €18,571 | €19,130 | +€559 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,571 | €19,130 | +€559 | +3.0% |
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.