ODEXE: 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.
ODEXE
Largest movements
- Cash +€71,311
up €71,311 (+141.8%), from €50,306 to €121,617
mainly Net result for the year (+€109,476) and Tax, wage and social debts (+€18,307)
- Current investments +€50,000
new in 2024: €50,000
- Receivables within one year +€5,452
up €5,452 (+19.3%), from €28,190 to €33,642
of which Trade receivables: +€5,452
- Profit (loss) carried forward +€109,476
up €109,476 (+201.6%), from €54,310 to €163,786
- Tax, wage and social debts +€18,307
up €18,307 (+71.7%), from €25,517 to €43,824
- Gross operating margin +€72,636
up €72,636 (+103.0%), from €70,548 to €143,184
- Taxes +€17,531
up €17,531 (+117.7%), from €14,898 to €32,430
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 | €81,910 | €210,129 | +€128,219 | +156.5% |
| Fixed assets | 21/28 | - | €1,456 | +€1,456 | |
| Tangible fixed assets | 22/27 | - | €1,456 | +€1,456 | |
| Furniture and vehicles | 24 | - | €1,456 | +€1,456 | |
| Current assets | 29/58 | €81,910 | €208,673 | +€126,763 | +154.8% |
| Amounts receivable within one year | 40/41 | €28,190 | €33,642 | +€5,452 | +19.3% |
| Trade receivables | 40 | €28,190 | €33,642 | +€5,452 | +19.3% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €50,306 | €121,617 | +€71,311 | +141.8% |
| Deferred charges and accrued income | 490/1 | €3,414 | €3,414 | = | 0.0% |
| Total equity and liabilities | 10/49 | €81,910 | €210,129 | +€128,219 | +156.5% |
| Equity | 10/15 | €56,310 | €165,786 | +€109,476 | +194.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,310 | €163,786 | +€109,476 | +201.6% |
| Amounts payable | 17/49 | €25,600 | €44,344 | +€18,743 | +73.2% |
| Amounts payable within one year | 42/48 | €25,600 | €44,344 | +€18,743 | +73.2% |
| Trade debts | 44 | €0 | €268 | +€268 | |
| Suppliers | 440/4 | €0 | €268 | +€268 | |
| Taxes, remuneration and social security | 45 | €25,517 | €43,824 | +€18,307 | +71.7% |
| Taxes | 450/3 | €25,517 | €43,824 | +€18,307 | +71.7% |
| Other amounts payable | 47/48 | €84 | €252 | +€168 | +200.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €427 | +€427 | |
| Other operating charges | 640/8 | €511 | €167 | -€344 | -67.3% |
| Gross operating margin | 9900 | €70,548 | €143,184 | +€72,636 | +103.0% |
| Operating profit (loss) | 9901 | €70,037 | €142,590 | +€72,553 | +103.6% |
| Financial income | 75/76B | - | €494 | +€494 | |
| Recurring financial income | 75 | - | €494 | +€494 | |
| Financial charges | 65/66B | €828 | €1,179 | +€351 | +42.3% |
| Recurring financial charges | 65 | €828 | €1,179 | +€351 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €69,208 | €141,905 | +€72,697 | +105.0% |
| Income taxes | 67/77 | €14,898 | €32,430 | +€17,531 | +117.7% |
| Profit (loss) for the period | 9904 | €54,310 | €109,476 | +€55,166 | +101.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,310 | €109,476 | +€55,166 | +101.6% |
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 30 September 2026 via checked.be.