ODENTINE: 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.
ODENTINE
Largest movements
- Receivables within one year +€140,905
up €140,905 (+127.0%), from €110,923 to €251,828
- Tangible fixed assets -€56,254
down €56,254 (-12.5%), from €448,793 to €392,540
of which Land and buildings: -€29,626
- Cash +€53,697
up €53,697 (+364.6%), from €14,729 to €68,426
mainly Contributions, distributions and other (+€108,867) and Net result for the year (+€96,813)
- Reserves +€206,512
up €206,512 (+156.3%), from €132,130 to €338,642
of which Distributable reserves: +€185,217
- Debts after one year -€48,640
down €48,640 (-25.1%), from €193,637 to €144,997
- Other debts -€35,729
down €35,729 (-33.1%), from €108,086 to €72,356
- Tax, wage and social debts +€10,035
up €10,035 (+45.2%), from €22,220 to €32,256
of which Taxes: +€11,620
- Depreciation -€41,485
down €41,485 (-47.9%), from €86,552 to €45,066
- Taxes +€12,293
up €12,293 (+36.8%), from €33,369 to €45,662
- Financial charges -€10,335
down €10,335 (-50.8%), from €20,359 to €10,025
- Staff costs +€8,071
up €8,071 (+21.5%), from €37,500 to €45,571
- Financial income -€2,755
down €2,755 (-18.6%), from €14,830 to €12,075
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 | €595,097 | €725,319 | +€130,221 | +21.9% |
| Fixed assets | 21/28 | €448,793 | €392,540 | -€56,254 | -12.5% |
| Tangible fixed assets | 22/27 | €448,793 | €392,540 | -€56,254 | -12.5% |
| Land and buildings | 22 | €392,811 | €363,185 | -€29,626 | -7.5% |
| Furniture and vehicles | 24 | €55,982 | €29,355 | -€26,627 | -47.6% |
| Current assets | 29/58 | €146,304 | €332,779 | +€186,475 | +127.5% |
| Stocks and contracts in progress | 3 | €5,445 | - | -€5,445 | |
| Contracts in progress | 37 | €5,445 | - | -€5,445 | |
| Amounts receivable within one year | 40/41 | €110,923 | €251,828 | +€140,905 | +127.0% |
| Other amounts receivable | 41 | €110,923 | €251,828 | +€140,905 | +127.0% |
| Cash at bank and in hand | 54/58 | €14,729 | €68,426 | +€53,697 | +364.6% |
| Deferred charges and accrued income | 490/1 | €15,206 | €12,525 | -€2,682 | -17.6% |
| Total equity and liabilities | 10/49 | €595,097 | €725,319 | +€130,221 | +21.9% |
| Equity | 10/15 | €239,059 | €444,739 | +€205,680 | +86.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €132,130 | €338,642 | +€206,512 | +156.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | - | €23,155 | +€23,155 | |
| Distributable reserves | 133 | €130,270 | €315,487 | +€185,217 | +142.2% |
| Profit (loss) carried forward | 14 | €94,529 | €93,696 | -€832 | -0.9% |
| Amounts payable | 17/49 | €356,039 | €280,580 | -€75,459 | -21.2% |
| Amounts payable after more than one year | 17 | €193,637 | €144,997 | -€48,640 | -25.1% |
| Financial debts | 170/4 | €193,637 | €144,997 | -€48,640 | -25.1% |
| Amounts payable within one year | 42/48 | €162,390 | €135,583 | -€26,807 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €26,195 | €24,912 | -€1,282 | -4.9% |
| Trade debts | 44 | €5,890 | €6,059 | +€169 | +2.9% |
| Suppliers | 440/4 | €5,890 | €6,059 | +€169 | +2.9% |
| Taxes, remuneration and social security | 45 | €22,220 | €32,256 | +€10,035 | +45.2% |
| Taxes | 450/3 | €18,862 | €30,482 | +€11,620 | +61.6% |
| Remuneration and social security | 454/9 | €3,359 | €1,774 | -€1,584 | -47.2% |
| Other amounts payable | 47/48 | €108,086 | €72,356 | -€35,729 | -33.1% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Remuneration, social security and pensions | 62 | €37,500 | €45,571 | +€8,071 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,552 | €45,066 | -€41,485 | -47.9% |
| Other operating charges | 640/8 | €7,486 | €5,248 | -€2,238 | -29.9% |
| Gross operating margin | 9900 | €238,714 | €236,311 | -€2,403 | -1.0% |
| Operating profit (loss) | 9901 | €107,177 | €140,425 | +€33,249 | +31.0% |
| Financial income | 75/76B | €14,830 | €12,075 | -€2,755 | -18.6% |
| Recurring financial income | 75 | €14,830 | €12,075 | -€2,755 | -18.6% |
| Financial charges | 65/66B | €20,359 | €10,025 | -€10,335 | -50.8% |
| Recurring financial charges | 65 | €20,359 | €10,025 | -€10,335 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €101,647 | €142,476 | +€40,828 | +40.2% |
| Income taxes | 67/77 | €33,369 | €45,662 | +€12,293 | +36.8% |
| Profit (loss) for the period | 9904 | €68,279 | €96,813 | +€28,535 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €68,279 | €96,813 | +€28,535 | +41.8% |
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.