ODESSA: 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.
ODESSA
Largest movements
- Receivables within one year +€192,299
up €192,299 (+47.9%), from €401,424 to €593,723
of which Other amounts receivable: +€187,825
- Cash +€17,539
up €17,539 (+351.2%), from €4,994 to €22,533
mainly Net result for the year (+€398,370) and Trade debts (+€29,762)
- Reserves +€152,987
up €152,987 (+18.4%), from €832,962 to €985,948
of which Distributable reserves: +€152,987
- Trade debts +€29,762
up €29,762 (+589.8%), from €5,046 to €34,808
- Tax, wage and social debts +€24,858
up €24,858 (+86.0%), from €28,911 to €53,769
of which Taxes: +€44,485
- Financial income -€284,429
down €284,429 (-39.2%), from €725,462 to €441,033
- Taxes +€17,392
up €17,392 (+67.2%), from €25,901 to €43,293
- Financial charges -€956
down €956 (-69.2%), from €1,381 to €425
- Gross operating margin -€530
down €530 (-20.2%), from €2,630 to €2,100
- Other operating charges +€31
up €31 (+3.1%), from €1,014 to €1,044
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 | €1,345,906 | €1,558,993 | +€213,087 | +15.8% |
| Fixed assets | 21/28 | €939,488 | €939,488 | = | 0.0% |
| Financial fixed assets | 28 | €939,488 | €939,488 | = | 0.0% |
| Current assets | 29/58 | €406,418 | €619,505 | +€213,087 | +52.4% |
| Amounts receivable within one year | 40/41 | €401,424 | €593,723 | +€192,299 | +47.9% |
| Trade receivables | 40 | €25,912 | €30,386 | +€4,474 | +17.3% |
| Other amounts receivable | 41 | €375,512 | €563,337 | +€187,825 | +50.0% |
| Cash at bank and in hand | 54/58 | €4,994 | €22,533 | +€17,539 | +351.2% |
| Deferred charges and accrued income | 490/1 | - | €3,249 | +€3,249 | |
| Total equity and liabilities | 10/49 | €1,345,906 | €1,558,993 | +€213,087 | +15.8% |
| Equity | 10/15 | €1,304,079 | €1,457,066 | +€152,987 | +11.7% |
| Contributions | 10/11 | €471,118 | €471,118 | = | 0.0% |
| Capital | 10 | €471,118 | €471,118 | = | 0.0% |
| Issued capital | 100 | €471,118 | €471,118 | = | 0.0% |
| Reserves | 13 | €832,962 | €985,948 | +€152,987 | +18.4% |
| Non-distributable reserves | 130/1 | €47,112 | €47,112 | = | 0.0% |
| Legal reserve | 130 | €47,112 | €47,112 | = | 0.0% |
| Distributable reserves | 133 | €785,850 | €938,837 | +€152,987 | +19.5% |
| Amounts payable | 17/49 | €41,827 | €101,927 | +€60,100 | +143.7% |
| Amounts payable within one year | 42/48 | €39,763 | €99,482 | +€59,719 | +150.2% |
| Trade debts | 44 | €5,046 | €34,808 | +€29,762 | +589.8% |
| Suppliers | 440/4 | €5,046 | €34,808 | +€29,762 | +589.8% |
| Taxes, remuneration and social security | 45 | €28,911 | €53,769 | +€24,858 | +86.0% |
| Taxes | 450/3 | €1,350 | €45,835 | +€44,485 | +3295.5% |
| Remuneration and social security | 454/9 | €27,561 | €7,933 | -€19,628 | -71.2% |
| Other amounts payable | 47/48 | €5,806 | €10,905 | +€5,099 | +87.8% |
| Accrued charges and deferred income | 492/3 | €2,064 | €2,445 | +€381 | +18.5% |
| Other operating charges | 640/8 | €1,014 | €1,044 | +€31 | +3.1% |
| Gross operating margin | 9900 | €2,630 | €2,100 | -€530 | -20.2% |
| Operating profit (loss) | 9901 | €1,617 | €1,056 | -€561 | -34.7% |
| Financial income | 75/76B | €725,462 | €441,033 | -€284,429 | -39.2% |
| Recurring financial income | 75 | €725,462 | €441,033 | -€284,429 | -39.2% |
| Financial charges | 65/66B | €1,381 | €425 | -€956 | -69.2% |
| Recurring financial charges | 65 | €1,381 | €425 | -€956 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | €725,697 | €441,663 | -€284,035 | -39.1% |
| Income taxes | 67/77 | €25,901 | €43,293 | +€17,392 | +67.2% |
| Profit (loss) for the period | 9904 | €699,797 | €398,370 | -€301,427 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €699,797 | €398,370 | -€301,427 | -43.1% |
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 11 October 2026 via checked.be.