ODETNOMICS: 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.
ODETNOMICS
Largest movements
- Cash +€27,235
up €27,235 (+100%), from €27,229 to €54,464
mainly Net result for the year (+€36,443) and Tax, wage and social debts (+€5,581)
- Receivables within one year +€14,117
up €14,117 (+2,823%), from €500 to €14,617
- Tangible fixed assets -€1,931
down €1,931 (-13.3%), from €14,520 to €12,589
of which Other tangible fixed assets: -€1,683
- Profit (loss) carried forward +€35,610
up €35,610 (+172%), from €20,763 to €56,373
- Tax, wage and social debts +€5,581
up €5,581 (+48.7%), from €11,451 to €17,033
of which Taxes: +€7,581
- Trade debts -€1,956
down €1,956 (-27.7%), from €7,068 to €5,112
- Gross operating margin +€21,079
up €21,079 (+68.9%), from €30,594 to €51,672
- Taxes +€5,034
up €5,034 (+83.9%), from €6,000 to €11,034
- Other operating charges +€1,131
up €1,131 (+276%), from €410 to €1,541
- Depreciation +€1,109
up €1,109 (+135%), from €822 to €1,931
- Financial charges +€673
up €673 (+1,339%), from €50 to €723
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.
Derived cash bridge
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 | €44,132 | €83,211 | +€39,079 | +88.5% |
| Fixed assets | 21/28 | €14,520 | €12,589 | -€1,931 | -13.3% |
| Tangible fixed assets | 22/27 | €14,520 | €12,589 | -€1,931 | -13.3% |
| Furniture and vehicles | 24 | €1,090 | €842 | -€248 | -22.7% |
| Other tangible fixed assets | 26 | €13,430 | €11,747 | -€1,683 | -12.5% |
| Current assets | 29/58 | €29,612 | €70,621 | +€41,009 | +138% |
| Amounts receivable within one year | 40/41 | €500 | €14,617 | +€14,117 | +2,823% |
| Trade receivables | 40 | €500 | €14,617 | +€14,117 | +2,823% |
| Cash at bank and in hand | 54/58 | €27,229 | €54,464 | +€27,235 | +100% |
| Deferred charges and accrued income | 490/1 | €1,883 | €1,540 | -€342 | -18.2% |
| Total equity and liabilities | 10/49 | €44,132 | €83,211 | +€39,079 | +88.5% |
| Equity | 10/15 | €22,763 | €58,373 | +€35,610 | +156% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,763 | €56,373 | +€35,610 | +172% |
| Amounts payable | 17/49 | €21,369 | €24,838 | +€3,468 | +16.2% |
| Amounts payable within one year | 42/48 | €21,014 | €24,838 | +€3,823 | +18.2% |
| Trade debts | 44 | €7,068 | €5,112 | -€1,956 | -27.7% |
| Suppliers | 440/4 | €7,068 | €5,112 | -€1,956 | -27.7% |
| Taxes, remuneration and social security | 45 | €11,451 | €17,033 | +€5,581 | +48.7% |
| Taxes | 450/3 | €9,451 | €17,033 | +€7,581 | +80.2% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €2,495 | €2,693 | +€198 | +7.9% |
| Accrued charges and deferred income | 492/3 | €355 | - | -€355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €822 | €1,931 | +€1,109 | +135% |
| Other operating charges | 640/8 | €410 | €1,541 | +€1,131 | +276% |
| Gross operating margin | 9900 | €30,594 | €51,672 | +€21,079 | +68.9% |
| Operating profit (loss) | 9901 | €29,362 | €48,201 | +€18,839 | +64.2% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €50 | €723 | +€673 | +1,339% |
| Recurring financial charges | 65 | €50 | €723 | +€673 | +1,339% |
| Profit (loss) for the period before taxes | 9903 | €29,318 | €47,478 | +€18,160 | +61.9% |
| Income taxes | 67/77 | €6,000 | €11,034 | +€5,034 | +83.9% |
| Profit (loss) for the period | 9904 | €23,318 | €36,443 | +€13,125 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,318 | €36,443 | +€13,125 | +56.3% |
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 24 October 2026 via checked.be.