ODELOU: 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.
ODELOU
Largest movements
- Receivables after one year +€64,000
new in 2025: €64,000
- Cash -€14,833
down €14,833 (-44.5%), from €33,310 to €18,478
mainly Receivables after one year (-€64,000) and Trade debts (-€349)
- Profit (loss) carried forward +€47,728
up €47,728 (+156.2%), from €30,559 to €78,287
- Tax, wage and social debts +€1,788
up €1,788 (+19.7%), from €9,083 to €10,871
- Gross operating margin +€21,035
up €21,035 (+53.5%), from €39,350 to €60,386
- Taxes +€4,270
up €4,270 (+55.7%), from €7,662 to €11,932
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 | €42,083 | €91,250 | +€49,167 | +116.8% |
| Current assets | 29/58 | €42,083 | €91,250 | +€49,167 | +116.8% |
| Amounts receivable after more than one year | 29 | - | €64,000 | +€64,000 | |
| Other amounts receivable | 291 | - | €64,000 | +€64,000 | |
| Amounts receivable within one year | 40/41 | €8,773 | €8,773 | = | 0.0% |
| Trade receivables | 40 | €8,773 | €8,773 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,310 | €18,478 | -€14,833 | -44.5% |
| Total equity and liabilities | 10/49 | €42,083 | €91,250 | +€49,167 | +116.8% |
| Equity | 10/15 | €31,559 | €79,287 | +€47,728 | +151.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,559 | €78,287 | +€47,728 | +156.2% |
| Amounts payable | 17/49 | €10,524 | €11,963 | +€1,439 | +13.7% |
| Amounts payable within one year | 42/48 | €10,524 | €11,963 | +€1,439 | +13.7% |
| Trade debts | 44 | €1,441 | €1,092 | -€349 | -24.2% |
| Suppliers | 440/4 | €1,441 | €1,092 | -€349 | -24.2% |
| Taxes, remuneration and social security | 45 | €9,083 | €10,871 | +€1,788 | +19.7% |
| Taxes | 450/3 | €9,083 | €10,871 | +€1,788 | +19.7% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €39,350 | €60,386 | +€21,035 | +53.5% |
| Operating profit (loss) | 9901 | €38,579 | €59,986 | +€21,407 | +55.5% |
| Financial charges | 65/66B | €358 | €326 | -€32 | -8.9% |
| Recurring financial charges | 65 | €358 | €326 | -€32 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €38,221 | €59,660 | +€21,439 | +56.1% |
| Income taxes | 67/77 | €7,662 | €11,932 | +€4,270 | +55.7% |
| Profit (loss) for the period | 9904 | €30,559 | €47,728 | +€17,169 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,559 | €47,728 | +€17,169 | +56.2% |
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 10 October 2026 via checked.be.