ODEMA: 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.
ODEMA
Largest movements
- Cash +€53,064
up €53,064 (+74.9%), from €70,849 to €123,913
mainly Net result for the year (+€80,175) and Investment in fixed assets (net) (+€6,987)
- Receivables within one year +€38,702
up €38,702 (+10759.6%), from €360 to €39,062
of which Trade receivables: +€28,815
- Financial fixed assets -€6,987
down €6,987 (-100.0%), from €6,987 to €0
- Reserves +€80,175
up €80,175 (+118.6%), from €67,587 to €147,761
- Tax, wage and social debts +€4,477
up €4,477 (+52.6%), from €8,505 to €12,982
- Gross operating margin +€15,131
up €15,131 (+17.4%), from €86,914 to €102,045
- Taxes +€3,383
up €3,383 (+19.0%), from €17,770 to €21,153
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 | €81,092 | €165,846 | +€84,754 | +104.5% |
| Fixed assets | 21/28 | €6,987 | €0 | -€6,987 | -100.0% |
| Financial fixed assets | 28 | €6,987 | €0 | -€6,987 | -100.0% |
| Current assets | 29/58 | €74,105 | €165,846 | +€91,741 | +123.8% |
| Amounts receivable within one year | 40/41 | €360 | €39,062 | +€38,702 | +10759.6% |
| Trade receivables | 40 | - | €28,815 | +€28,815 | |
| Other amounts receivable | 41 | €360 | €10,247 | +€9,887 | +2748.7% |
| Cash at bank and in hand | 54/58 | €70,849 | €123,913 | +€53,064 | +74.9% |
| Deferred charges and accrued income | 490/1 | €2,896 | €2,871 | -€25 | -0.9% |
| Total equity and liabilities | 10/49 | €81,092 | €165,846 | +€84,754 | +104.5% |
| Equity | 10/15 | €72,587 | €152,761 | +€80,175 | +110.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,587 | €147,761 | +€80,175 | +118.6% |
| Distributable reserves | 133 | €67,587 | €147,761 | +€80,175 | +118.6% |
| Amounts payable | 17/49 | €8,505 | €13,085 | +€4,580 | +53.8% |
| Amounts payable within one year | 42/48 | €8,505 | €13,085 | +€4,580 | +53.8% |
| Trade debts | 44 | - | €103 | +€103 | |
| Suppliers | 440/4 | - | €103 | +€103 | |
| Taxes, remuneration and social security | 45 | €8,505 | €12,982 | +€4,477 | +52.6% |
| Taxes | 450/3 | €8,505 | €12,982 | +€4,477 | +52.6% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Other operating charges | 640/8 | €322 | €279 | -€43 | -13.4% |
| Gross operating margin | 9900 | €86,914 | €102,045 | +€15,131 | +17.4% |
| Operating profit (loss) | 9901 | €86,592 | €101,516 | +€14,924 | +17.2% |
| Financial income | 75/76B | €0 | €578 | +€578 | +2888750.0% |
| Recurring financial income | 75 | €0 | €578 | +€578 | +2888750.0% |
| Financial charges | 65/66B | €1,235 | €766 | -€469 | -38.0% |
| Recurring financial charges | 65 | €1,235 | €766 | -€469 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €85,357 | €101,328 | +€15,971 | +18.7% |
| Income taxes | 67/77 | €17,770 | €21,153 | +€3,383 | +19.0% |
| Profit (loss) for the period | 9904 | €67,587 | €80,175 | +€12,588 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,587 | €80,175 | +€12,588 | +18.6% |
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 29 September 2026 via checked.be.