ODENT: 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.
ODENT
Largest movements
- Current investments +€95,813
up €95,813 (+18.3%), from €523,417 to €619,230
- Cash +€38,939
up €38,939 (+71.2%), from €54,658 to €93,596
mainly Net result for the year (+€118,206) and Tax, wage and social debts (+€27,529)
- Reserves +€118,206
up €118,206 (+23.9%), from €495,426 to €613,632
of which Distributable reserves: +€118,206
- Tax, wage and social debts +€27,529
up €27,529 (+153.8%), from €17,894 to €45,423
- Other debts -€14,187
no longer reported in 2025 (was €14,187)
- Trade debts +€9,890
up €9,890 (+348.7%), from €2,836 to €12,726
- Financial income +€59,760
up €59,760 (+879.5%), from €6,795 to €66,555
- Gross operating margin -€25,454
down €25,454 (-16.1%), from €158,551 to €133,097
- Taxes +€9,532
up €9,532 (+19.1%), from €49,892 to €59,424
- Financial charges +€8,390
up €8,390 (+130.8%), from €6,413 to €14,803
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 | €597,594 | €739,032 | +€141,437 | +23.7% |
| Fixed assets | 21/28 | €17,418 | €13,435 | -€3,983 | -22.9% |
| Tangible fixed assets | 22/27 | €17,418 | €13,435 | -€3,983 | -22.9% |
| Plant, machinery and equipment | 23 | €12,321 | €9,841 | -€2,480 | -20.1% |
| Furniture and vehicles | 24 | €984 | €34 | -€950 | -96.6% |
| Other tangible fixed assets | 26 | €4,113 | €3,559 | -€553 | -13.5% |
| Current assets | 29/58 | €580,177 | €725,597 | +€145,421 | +25.1% |
| Amounts receivable within one year | 40/41 | €745 | €7,526 | +€6,781 | +909.9% |
| Other amounts receivable | 41 | €745 | €7,526 | +€6,781 | +909.9% |
| Current investments | 50/53 | €523,417 | €619,230 | +€95,813 | +18.3% |
| Cash at bank and in hand | 54/58 | €54,658 | €93,596 | +€38,939 | +71.2% |
| Deferred charges and accrued income | 490/1 | €1,357 | €5,244 | +€3,887 | +286.4% |
| Total equity and liabilities | 10/49 | €597,594 | €739,032 | +€141,437 | +23.7% |
| Equity | 10/15 | €562,676 | €680,882 | +€118,206 | +21.0% |
| Contributions | 10/11 | €67,250 | €67,250 | = | 0.0% |
| Reserves | 13 | €495,426 | €613,632 | +€118,206 | +23.9% |
| Non-distributable reserves | 130/1 | €6,725 | €6,725 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,725 | €6,725 | = | 0.0% |
| Distributable reserves | 133 | €488,701 | €606,907 | +€118,206 | +24.2% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Amounts payable | 17/49 | €34,918 | €58,149 | +€23,231 | +66.5% |
| Amounts payable within one year | 42/48 | €34,918 | €58,149 | +€23,231 | +66.5% |
| Trade debts | 44 | €2,836 | €12,726 | +€9,890 | +348.7% |
| Suppliers | 440/4 | €2,836 | €12,726 | +€9,890 | +348.7% |
| Taxes, remuneration and social security | 45 | €17,894 | €45,423 | +€27,529 | +153.8% |
| Taxes | 450/3 | €17,894 | €45,423 | +€27,529 | +153.8% |
| Other amounts payable | 47/48 | €14,187 | - | -€14,187 | |
| Non-recurring operating income | 76A | €3,364 | - | -€3,364 | |
| Remuneration, social security and pensions | 62 | €382 | €281 | -€101 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,088 | €6,064 | -€24 | -0.4% |
| Other operating charges | 640/8 | €249 | €874 | +€625 | +250.5% |
| Gross operating margin | 9900 | €158,551 | €133,097 | -€25,454 | -16.1% |
| Operating profit (loss) | 9901 | €151,832 | €125,878 | -€25,954 | -17.1% |
| Financial income | 75/76B | €6,795 | €66,555 | +€59,760 | +879.5% |
| Recurring financial income | 75 | €6,795 | €66,555 | +€59,760 | +879.5% |
| Financial charges | 65/66B | €6,413 | €14,803 | +€8,390 | +130.8% |
| Recurring financial charges | 65 | €6,413 | €14,803 | +€8,390 | +130.8% |
| Profit (loss) for the period before taxes | 9903 | €152,214 | €177,630 | +€25,416 | +16.7% |
| Income taxes | 67/77 | €49,892 | €59,424 | +€9,532 | +19.1% |
| Profit (loss) for the period | 9904 | €102,322 | €118,206 | +€15,884 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €102,322 | €118,206 | +€15,884 | +15.5% |
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 6 October 2026 via checked.be.