ODEP: 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.
ODEP
Largest movements
- Receivables within one year +€30,170
up €30,170 (+30.5%), from €99,039 to €129,209
of which Other amounts receivable: +€24,955
- Cash +€18,178
up €18,178 (+90.2%), from €20,153 to €38,331
mainly Trade debts (+€51,268) and Tax, wage and social debts (+€17,266)
- Trade debts +€51,268
up €51,268 (+87.5%), from €58,614 to €109,882
- Profit (loss) carried forward -€19,788
new in 2024: -€19,788
- Tax, wage and social debts +€17,266
up €17,266 (+227.4%), from €7,594 to €24,860
of which Remuneration and social security: +€14,745
- Gross operating margin -€49,603
down €49,603, from €34,475 to -€15,128
- Other operating charges -€1,447
down €1,447 (-78.9%), from €1,834 to €387
- Taxes +€1,243
up €1,243, from €0 to €1,243
- Depreciation +€441
up €441 (+24.7%), from €1,783 to €2,223
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,908 | €172,655 | +€48,747 | +39.3% |
| Fixed assets | 21/28 | €4,717 | €5,115 | +€398 | +8.4% |
| Intangible fixed assets | 21 | €1,208 | €496 | -€712 | -59.0% |
| Tangible fixed assets | 22/27 | €3,509 | €4,620 | +€1,110 | +31.6% |
| Furniture and vehicles | 24 | €3,509 | €2,331 | -€1,178 | -33.6% |
| Other tangible fixed assets | 26 | - | €2,289 | +€2,289 | |
| Current assets | 29/58 | €119,191 | €167,540 | +€48,348 | +40.6% |
| Amounts receivable within one year | 40/41 | €99,039 | €129,209 | +€30,170 | +30.5% |
| Trade receivables | 40 | €41,432 | €46,648 | +€5,215 | +12.6% |
| Other amounts receivable | 41 | €57,606 | €82,561 | +€24,955 | +43.3% |
| Cash at bank and in hand | 54/58 | €20,153 | €38,331 | +€18,178 | +90.2% |
| Total equity and liabilities | 10/49 | €123,908 | €172,655 | +€48,747 | +39.3% |
| Equity | 10/15 | €56,744 | €36,957 | -€19,788 | -34.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €55,744 | €55,744 | = | 0.0% |
| Distributable reserves | 133 | €55,744 | €55,744 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€19,788 | -€19,788 | |
| Amounts payable | 17/49 | €67,164 | €135,698 | +€68,534 | +102.0% |
| Amounts payable within one year | 42/48 | €67,164 | €135,698 | +€68,534 | +102.0% |
| Trade debts | 44 | €58,614 | €109,882 | +€51,268 | +87.5% |
| Suppliers | 440/4 | €58,614 | €109,882 | +€51,268 | +87.5% |
| Taxes, remuneration and social security | 45 | €7,594 | €24,860 | +€17,266 | +227.4% |
| Taxes | 450/3 | €7,594 | €10,115 | +€2,521 | +33.2% |
| Remuneration and social security | 454/9 | - | €14,745 | +€14,745 | |
| Other amounts payable | 47/48 | €956 | €956 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,783 | €2,223 | +€441 | +24.7% |
| Other operating charges | 640/8 | €1,834 | €387 | -€1,447 | -78.9% |
| Gross operating margin | 9900 | €34,475 | -€15,128 | -€49,603 | |
| Operating profit (loss) | 9901 | €30,858 | -€17,739 | -€48,597 | |
| Financial income | 75/76B | €41 | €20 | -€20 | -50.0% |
| Recurring financial income | 75 | €41 | €20 | -€20 | -50.0% |
| Financial charges | 65/66B | €1,044 | €826 | -€217 | -20.8% |
| Recurring financial charges | 65 | €1,044 | €826 | -€217 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €29,855 | -€18,545 | -€48,400 | |
| Income taxes | 67/77 | €0 | €1,243 | +€1,243 | |
| Profit (loss) for the period | 9904 | €29,855 | -€19,788 | -€49,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,855 | -€19,788 | -€49,643 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.