ODEngineering: 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.
ODEngineering
Largest movements
- Receivables within one year +€77,245
up €77,245 (+2526.6%), from €3,057 to €80,302
of which Trade receivables: +€70,183
- Cash -€43,907
down €43,907 (-27.0%), from €162,433 to €118,526
mainly Receivables within one year (-€77,245) and Investment in fixed assets (net) (-€30,052)
- Tangible fixed assets +€21,475
up €21,475 (+140.9%), from €15,238 to €36,712
- Profit (loss) carried forward +€32,870
up €32,870 (+42.1%), from €78,093 to €110,963
- Debts after one year +€14,129
up €14,129 (+127.1%), from €11,114 to €25,244
- Tax, wage and social debts -€11,485
down €11,485 (-43.7%), from €26,297 to €14,812
of which Taxes: -€14,102
- Trade debts +€10,677
up €10,677 (+26.9%), from €39,693 to €50,369
- Current portion of long-term debt +€7,422
up €7,422 (+170.2%), from €4,361 to €11,783
- Gross operating margin -€44,685
down €44,685 (-41.2%), from €108,409 to €63,724
- Taxes -€12,330
down €12,330 (-55.7%), from €22,121 to €9,790
- Staff costs +€8,262
new in 2025: €8,262
- Depreciation +€4,090
up €4,090 (+91.1%), from €4,488 to €8,577
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 | €181,270 | €237,075 | +€55,804 | +30.8% |
| Fixed assets | 21/28 | €15,238 | €36,712 | +€21,475 | +140.9% |
| Tangible fixed assets | 22/27 | €15,238 | €36,712 | +€21,475 | +140.9% |
| Furniture and vehicles | 24 | €15,238 | €36,712 | +€21,475 | +140.9% |
| Current assets | 29/58 | €166,033 | €200,363 | +€34,330 | +20.7% |
| Amounts receivable within one year | 40/41 | €3,057 | €80,302 | +€77,245 | +2526.6% |
| Trade receivables | 40 | €1,371 | €71,554 | +€70,183 | +5119.3% |
| Other amounts receivable | 41 | €1,686 | €8,748 | +€7,062 | +418.8% |
| Cash at bank and in hand | 54/58 | €162,433 | €118,526 | -€43,907 | -27.0% |
| Deferred charges and accrued income | 490/1 | €543 | €1,534 | +€992 | +182.8% |
| Total equity and liabilities | 10/49 | €181,270 | €237,075 | +€55,804 | +30.8% |
| Equity | 10/15 | €97,240 | €130,110 | +€32,870 | +33.8% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €12,647 | €12,647 | = | 0.0% |
| Distributable reserves | 133 | €12,647 | €12,647 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,093 | €110,963 | +€32,870 | +42.1% |
| Amounts payable | 17/49 | €84,030 | €106,964 | +€22,934 | +27.3% |
| Amounts payable after more than one year | 17 | €11,114 | €25,244 | +€14,129 | +127.1% |
| Financial debts | 170/4 | €11,114 | €25,244 | +€14,129 | +127.1% |
| Amounts payable within one year | 42/48 | €72,850 | €80,075 | +€7,225 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €4,361 | €11,783 | +€7,422 | +170.2% |
| Trade debts | 44 | €39,693 | €50,369 | +€10,677 | +26.9% |
| Suppliers | 440/4 | €39,693 | €50,369 | +€10,677 | +26.9% |
| Taxes, remuneration and social security | 45 | €26,297 | €14,812 | -€11,485 | -43.7% |
| Taxes | 450/3 | €25,307 | €11,205 | -€14,102 | -55.7% |
| Remuneration and social security | 454/9 | €989 | €3,606 | +€2,617 | +264.6% |
| Other amounts payable | 47/48 | €2,500 | €3,111 | +€611 | +24.4% |
| Accrued charges and deferred income | 492/3 | €66 | €1,646 | +€1,580 | +2404.9% |
| Remuneration, social security and pensions | 62 | - | €8,262 | +€8,262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,488 | €8,577 | +€4,090 | +91.1% |
| Other operating charges | 640/8 | €615 | €1,480 | +€865 | +140.7% |
| Gross operating margin | 9900 | €108,409 | €63,724 | -€44,685 | -41.2% |
| Operating profit (loss) | 9901 | €103,306 | €45,406 | -€57,901 | -56.0% |
| Financial income | 75/76B | €444 | €771 | +€327 | +73.6% |
| Recurring financial income | 75 | €444 | €771 | +€327 | +73.6% |
| Financial charges | 65/66B | €1,037 | €1,516 | +€479 | +46.2% |
| Recurring financial charges | 65 | €1,037 | €1,516 | +€479 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €102,713 | €44,661 | -€58,053 | -56.5% |
| Income taxes | 67/77 | €22,121 | €9,790 | -€12,330 | -55.7% |
| Profit (loss) for the period | 9904 | €80,593 | €34,870 | -€45,723 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,593 | €34,870 | -€45,723 | -56.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.