Odesk: 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.
Odesk
Largest movements
- Cash -€143,009
down €143,009 (-91.1%), from €156,998 to €13,989
mainly Other debts (-€159,439) and Contributions, distributions and other (-€65,300)
- Receivables within one year -€17,217
down €17,217 (-37.1%), from €46,438 to €29,220
of which Other amounts receivable: -€14,438
- Tangible fixed assets +€14,315
up €14,315 (+1686.8%), from €849 to €15,163
of which Furniture and vehicles: +€14,810
- Other debts -€159,439
down €159,439 (-82.2%), from €194,000 to €34,561
- Tax, wage and social debts +€11,763
up €11,763 (+232.3%), from €5,065 to €16,827
- Gross operating margin +€34,606
up €34,606 (+59.3%), from €58,391 to €92,997
- Taxes +€8,047
up €8,047 (+53.1%), from €15,142 to €23,189
- Depreciation +€4,018
up €4,018 (+810.7%), from €496 to €4,513
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 | €204,976 | €59,970 | -€145,006 | -70.7% |
| Fixed assets | 21/28 | €849 | €15,163 | +€14,315 | +1686.8% |
| Tangible fixed assets | 22/27 | €849 | €15,163 | +€14,315 | +1686.8% |
| Plant, machinery and equipment | 23 | €849 | €353 | -€496 | -58.4% |
| Furniture and vehicles | 24 | - | €14,810 | +€14,810 | |
| Current assets | 29/58 | €204,127 | €44,807 | -€159,320 | -78.0% |
| Amounts receivable within one year | 40/41 | €46,438 | €29,220 | -€17,217 | -37.1% |
| Trade receivables | 40 | €25,000 | €22,220 | -€2,780 | -11.1% |
| Other amounts receivable | 41 | €21,438 | €7,000 | -€14,438 | -67.3% |
| Cash at bank and in hand | 54/58 | €156,998 | €13,989 | -€143,009 | -91.1% |
| Deferred charges and accrued income | 490/1 | €691 | €1,597 | +€906 | +131.1% |
| Total equity and liabilities | 10/49 | €204,976 | €59,970 | -€145,006 | -70.7% |
| Equity | 10/15 | €2,409 | €2,100 | -€309 | -12.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €409 | €100 | -€309 | -75.6% |
| Amounts payable | 17/49 | €202,567 | €57,870 | -€144,697 | -71.4% |
| Amounts payable within one year | 42/48 | €202,567 | €57,870 | -€144,697 | -71.4% |
| Financial debts | 43 | €38 | €1,837 | +€1,799 | +4734.2% |
| Credit institutions | 430/8 | €38 | €1,837 | +€1,799 | +4734.2% |
| Trade debts | 44 | €3,465 | €4,645 | +€1,181 | +34.1% |
| Suppliers | 440/4 | €3,465 | €4,645 | +€1,181 | +34.1% |
| Taxes, remuneration and social security | 45 | €5,065 | €16,827 | +€11,763 | +232.3% |
| Taxes | 450/3 | €5,065 | €16,827 | +€11,763 | +232.3% |
| Other amounts payable | 47/48 | €194,000 | €34,561 | -€159,439 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €4,513 | +€4,018 | +810.7% |
| Other operating charges | 640/8 | €315 | €598 | +€283 | +89.6% |
| Gross operating margin | 9900 | €58,391 | €92,997 | +€34,606 | +59.3% |
| Operating profit (loss) | 9901 | €57,580 | €87,886 | +€30,306 | +52.6% |
| Financial income | 75/76B | €182 | €350 | +€168 | +92.6% |
| Recurring financial income | 75 | €182 | €350 | +€168 | +92.6% |
| Financial charges | 65/66B | €137 | €55 | -€81 | -59.5% |
| Recurring financial charges | 65 | €137 | €55 | -€81 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €57,625 | €88,180 | +€30,555 | +53.0% |
| Income taxes | 67/77 | €15,142 | €23,189 | +€8,047 | +53.1% |
| Profit (loss) for the period | 9904 | €42,483 | €64,991 | +€22,509 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,483 | €64,991 | +€22,509 | +53.0% |
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.