ODEON: 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.
ODEON
Largest movements
- Tangible fixed assets -€26,647
down €26,647 (-4.1%), from €654,638 to €627,992
of which Land and buildings: -€25,036
- Debts after one year -€60,270
down €60,270 (-40.7%), from €148,065 to €87,795
- Reserves +€24,363
up €24,363 (+11.6%), from €209,722 to €234,085
of which Distributable reserves: +€24,363
- Gross operating margin +€4,544
up €4,544 (+6.6%), from €68,721 to €73,265
- Depreciation -€3,476
down €3,476 (-11.5%), from €30,122 to €26,647
- Financial charges -€1,950
down €1,950 (-27.5%), from €7,103 to €5,152
- Taxes +€1,385
up €1,385 (+18.5%), from €7,484 to €8,869
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 | €662,009 | €632,435 | -€29,574 | -4.5% |
| Fixed assets | 21/28 | €654,657 | €628,010 | -€26,647 | -4.1% |
| Tangible fixed assets | 22/27 | €654,638 | €627,992 | -€26,647 | -4.1% |
| Land and buildings | 22 | €650,370 | €625,334 | -€25,036 | -3.8% |
| Plant, machinery and equipment | 23 | €4,268 | €2,658 | -€1,610 | -37.7% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €7,352 | €4,425 | -€2,928 | -39.8% |
| Cash at bank and in hand | 54/58 | €7,352 | €4,425 | -€2,928 | -39.8% |
| Total equity and liabilities | 10/49 | €662,009 | €632,435 | -€29,574 | -4.5% |
| Equity | 10/15 | €403,722 | €428,085 | +€24,363 | +6.0% |
| Contributions | 10/11 | €194,000 | €194,000 | = | 0.0% |
| Capital | 10 | €194,000 | €194,000 | = | 0.0% |
| Issued capital | 100 | €194,000 | €194,000 | = | 0.0% |
| Reserves | 13 | €209,722 | €234,085 | +€24,363 | +11.6% |
| Non-distributable reserves | 130/1 | €19,400 | €19,400 | = | 0.0% |
| Legal reserve | 130 | €19,400 | €19,400 | = | 0.0% |
| Distributable reserves | 133 | €190,322 | €214,685 | +€24,363 | +12.8% |
| Amounts payable | 17/49 | €258,287 | €204,350 | -€53,937 | -20.9% |
| Amounts payable after more than one year | 17 | €148,065 | €87,795 | -€60,270 | -40.7% |
| Financial debts | 170/4 | €148,065 | €87,795 | -€60,270 | -40.7% |
| Amounts payable within one year | 42/48 | €110,222 | €116,555 | +€6,333 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €64,339 | €64,339 | = | 0.0% |
| Trade debts | 44 | €702 | €528 | -€174 | -24.8% |
| Suppliers | 440/4 | €702 | €528 | -€174 | -24.8% |
| Taxes, remuneration and social security | 45 | €4,060 | €10,387 | +€6,327 | +155.9% |
| Taxes | 450/3 | €4,060 | €10,387 | +€6,327 | +155.9% |
| Other amounts payable | 47/48 | €41,122 | €41,302 | +€180 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,122 | €26,647 | -€3,476 | -11.5% |
| Other operating charges | 640/8 | €8,013 | €8,234 | +€221 | +2.8% |
| Gross operating margin | 9900 | €68,721 | €73,265 | +€4,544 | +6.6% |
| Operating profit (loss) | 9901 | €30,585 | €38,384 | +€7,798 | +25.5% |
| Financial charges | 65/66B | €7,103 | €5,152 | -€1,950 | -27.5% |
| Recurring financial charges | 65 | €7,103 | €5,152 | -€1,950 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €23,483 | €33,231 | +€9,749 | +41.5% |
| Income taxes | 67/77 | €7,484 | €8,869 | +€1,385 | +18.5% |
| Profit (loss) for the period | 9904 | €15,999 | €24,363 | +€8,364 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,999 | €24,363 | +€8,364 | +52.3% |
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 28 September 2026 via checked.be.