ODG CONSULT: 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.
ODG CONSULT
Largest movements
- Tangible fixed assets +€53,527
up €53,527 (+1382.2%), from €3,873 to €57,399
of which Leasing and similar rights: +€33,607
- Receivables after one year +€18,000
up €18,000 (+35.0%), from €51,500 to €69,500
- Cash +€16,316
up €16,316 (+473.7%), from €3,445 to €19,761
mainly Other debts (+€80,000) and Net result for the year (+€43,193)
- Receivables within one year -€8,246
down €8,246 (-23.0%), from €35,918 to €27,672
of which Trade receivables: -€14,520
- Deferred charges and accrued income +€3,474
up €3,474 (+948.2%), from €366 to €3,840
- Other debts +€80,000
new in 2025: €80,000
- Profit (loss) carried forward -€36,807
down €36,807 (-44.8%), from €82,189 to €45,382
- Debts after one year +€28,612
up €28,612 (+439.3%), from €6,513 to €35,124
- Current portion of long-term debt +€7,690
up €7,690 (+70.1%), from €10,974 to €18,664
- Tax, wage and social debts +€3,952
up €3,952 (+43.3%), from €9,119 to €13,070
of which Taxes: +€6,452
- Gross operating margin +€19,648
up €19,648 (+39.9%), from €49,216 to €68,864
- Depreciation +€7,849
up €7,849 (+758.1%), from €1,035 to €8,884
- Taxes +€2,438
up €2,438 (+22.4%), from €10,899 to €13,337
- Financial charges -€883
down €883 (-26.4%), from €3,351 to €2,468
- Financial income +€808
up €808 (+49.4%), from €1,636 to €2,444
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 | €119,947 | €203,017 | +€83,070 | +69.3% |
| Fixed assets | 21/28 | €28,718 | €82,244 | +€53,527 | +186.4% |
| Tangible fixed assets | 22/27 | €3,873 | €57,399 | +€53,527 | +1382.2% |
| Plant, machinery and equipment | 23 | €1,267 | €4,045 | +€2,778 | +219.2% |
| Furniture and vehicles | 24 | €2,606 | €19,747 | +€17,142 | +657.9% |
| Leasing and similar rights | 25 | - | €33,607 | +€33,607 | |
| Financial fixed assets | 28 | €24,845 | €24,845 | = | 0.0% |
| Current assets | 29/58 | €91,229 | €120,773 | +€29,544 | +32.4% |
| Amounts receivable after more than one year | 29 | €51,500 | €69,500 | +€18,000 | +35.0% |
| Other amounts receivable | 291 | €51,500 | €69,500 | +€18,000 | +35.0% |
| Amounts receivable within one year | 40/41 | €35,918 | €27,672 | -€8,246 | -23.0% |
| Trade receivables | 40 | €14,520 | - | -€14,520 | |
| Other amounts receivable | 41 | €21,398 | €27,672 | +€6,274 | +29.3% |
| Cash at bank and in hand | 54/58 | €3,445 | €19,761 | +€16,316 | +473.7% |
| Deferred charges and accrued income | 490/1 | €366 | €3,840 | +€3,474 | +948.2% |
| Total equity and liabilities | 10/49 | €119,947 | €203,017 | +€83,070 | +69.3% |
| Equity | 10/15 | €87,189 | €50,382 | -€36,807 | -42.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,189 | €45,382 | -€36,807 | -44.8% |
| Amounts payable | 17/49 | €32,758 | €152,635 | +€119,878 | +366.0% |
| Amounts payable after more than one year | 17 | €6,513 | €35,124 | +€28,612 | +439.3% |
| Financial debts | 170/4 | €6,513 | €35,124 | +€28,612 | +439.3% |
| Amounts payable within one year | 42/48 | €26,245 | €117,511 | +€91,266 | +347.8% |
| Current portion of amounts payable after more than one year | 42 | €10,974 | €18,664 | +€7,690 | +70.1% |
| Financial debts | 43 | - | €950 | +€950 | |
| Credit institutions | 430/8 | - | €950 | +€950 | |
| Trade debts | 44 | €6,152 | €4,826 | -€1,325 | -21.5% |
| Suppliers | 440/4 | €6,152 | €4,826 | -€1,325 | -21.5% |
| Taxes, remuneration and social security | 45 | €9,119 | €13,070 | +€3,952 | +43.3% |
| Taxes | 450/3 | €6,619 | €13,070 | +€6,452 | +97.5% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | - | €80,000 | +€80,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,035 | €8,884 | +€7,849 | +758.1% |
| Other operating charges | 640/8 | €3,527 | €3,426 | -€100 | -2.8% |
| Gross operating margin | 9900 | €49,216 | €68,864 | +€19,648 | +39.9% |
| Operating profit (loss) | 9901 | €44,655 | €56,554 | +€11,900 | +26.6% |
| Financial income | 75/76B | €1,636 | €2,444 | +€808 | +49.4% |
| Recurring financial income | 75 | €1,636 | €2,444 | +€808 | +49.4% |
| Financial charges | 65/66B | €3,351 | €2,468 | -€883 | -26.4% |
| Recurring financial charges | 65 | €3,351 | €2,468 | -€883 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €42,940 | €56,530 | +€13,590 | +31.6% |
| Income taxes | 67/77 | €10,899 | €13,337 | +€2,438 | +22.4% |
| Profit (loss) for the period | 9904 | €32,041 | €43,193 | +€11,152 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,041 | €43,193 | +€11,152 | +34.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.