ODF CONSULT: 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.
ODF CONSULT
Largest movements
- Cash +€176,537
up €176,537 (+24.2%), from €730,575 to €907,112
mainly Net result for the year (+€1.4m) and Other debts (+€296,122)
- Receivables within one year +€142,574
up €142,574 (+45.9%), from €310,865 to €453,439
of which Trade receivables: +€135,308
- Deferred charges and accrued income +€15,492
up €15,492 (+291.7%), from €5,312 to €20,803
- Other debts +€296,122
up €296,122 (+27.8%), from €1.1m to €1.4m
- Tax, wage and social debts +€24,273
up €24,273 (+32.0%), from €75,757 to €100,029
of which Taxes: +€22,628
- Debts after one year -€22,644
down €22,644 (-66.3%), from €34,155 to €11,511
- Trade debts +€18,851
up €18,851 (+211.8%), from €8,902 to €27,753
- Gross operating margin +€181,961
up €181,961 (+10.4%), from €1.8m to €1.9m
- Taxes +€54,410
up €54,410 (+13.3%), from €408,357 to €462,767
- Other operating charges -€32,717
down €32,717 (-85.5%), from €38,286 to €5,569
- Financial charges +€26,210
up €26,210 (+108.1%), from €24,238 to €50,449
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 | €1,212,690 | €1,533,185 | +€320,495 | +26.4% |
| Fixed assets | 21/28 | €165,938 | €151,831 | -€14,107 | -8.5% |
| Tangible fixed assets | 22/27 | €147,068 | €132,961 | -€14,107 | -9.6% |
| Land and buildings | 22 | €22,276 | €19,258 | -€3,017 | -13.5% |
| Plant, machinery and equipment | 23 | €6,358 | €3,959 | -€2,399 | -37.7% |
| Furniture and vehicles | 24 | €118,435 | €109,744 | -€8,691 | -7.3% |
| Financial fixed assets | 28 | €18,870 | €18,870 | = | 0.0% |
| Current assets | 29/58 | €1,046,752 | €1,381,354 | +€334,603 | +32.0% |
| Amounts receivable within one year | 40/41 | €310,865 | €453,439 | +€142,574 | +45.9% |
| Trade receivables | 40 | €220,465 | €355,773 | +€135,308 | +61.4% |
| Other amounts receivable | 41 | €90,400 | €97,666 | +€7,266 | +8.0% |
| Cash at bank and in hand | 54/58 | €730,575 | €907,112 | +€176,537 | +24.2% |
| Deferred charges and accrued income | 490/1 | €5,312 | €20,803 | +€15,492 | +291.7% |
| Total equity and liabilities | 10/49 | €1,212,690 | €1,533,185 | +€320,495 | +26.4% |
| Equity | 10/15 | €734 | €248 | -€485 | -66.2% |
| Contributions | 10/11 | €2 | €2 | = | 0.0% |
| Profit (loss) carried forward | 14 | €732 | €246 | -€485 | -66.4% |
| Amounts payable | 17/49 | €1,211,956 | €1,532,937 | +€320,981 | +26.5% |
| Amounts payable after more than one year | 17 | €34,155 | €11,511 | -€22,644 | -66.3% |
| Financial debts | 170/4 | €34,155 | €11,511 | -€22,644 | -66.3% |
| Amounts payable within one year | 42/48 | €1,177,801 | €1,511,426 | +€333,625 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €28,264 | €22,644 | -€5,620 | -19.9% |
| Trade debts | 44 | €8,902 | €27,753 | +€18,851 | +211.8% |
| Suppliers | 440/4 | €8,902 | €27,753 | +€18,851 | +211.8% |
| Taxes, remuneration and social security | 45 | €75,757 | €100,029 | +€24,273 | +32.0% |
| Taxes | 450/3 | €75,757 | €98,385 | +€22,628 | +29.9% |
| Remuneration and social security | 454/9 | - | €1,644 | +€1,644 | |
| Other amounts payable | 47/48 | €1,064,878 | €1,361,000 | +€296,122 | +27.8% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €18,232 | €17,740 | -€492 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,501 | €40,436 | -€65 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,862 | - | +€10,862 | |
| Other operating charges | 640/8 | €38,286 | €5,569 | -€32,717 | -85.5% |
| Gross operating margin | 9900 | €1,754,511 | €1,936,472 | +€181,961 | +10.4% |
| Operating profit (loss) | 9901 | €1,668,354 | €1,872,728 | +€204,373 | +12.2% |
| Financial income | 75/76B | €881 | €3 | -€879 | -99.7% |
| Recurring financial income | 75 | €881 | €3 | -€879 | -99.7% |
| Financial charges | 65/66B | €24,238 | €50,449 | +€26,210 | +108.1% |
| Recurring financial charges | 65 | €24,238 | €50,449 | +€26,210 | +108.1% |
| Profit (loss) for the period before taxes | 9903 | €1,644,998 | €1,822,282 | +€177,284 | +10.8% |
| Income taxes | 67/77 | €408,357 | €462,767 | +€54,410 | +13.3% |
| Profit (loss) for the period | 9904 | €1,236,641 | €1,359,515 | +€122,874 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,236,641 | €1,359,515 | +€122,874 | +9.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.