ODIENCE: 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.
What changed
ODIENCE
NACE 90.393, Specialised image, lighting and sound technical services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8,735
2024 · €32,416-€23,681
Equity
€780,505
2024 · €771,771+€8,735
Cash
€108,035
2024 · €112,716-€4,680
Balance sheet total
€1.4m
2024 · €1.7m-€279,040
Largest movements
Assets
- Receivables within one year -€158,848
down €158,848 (-82.1%), from €193,438 to €34,589
of which Other amounts receivable: -€157,559
- Tangible fixed assets -€98,919
down €98,919 (-7.7%), from €1.3m to €1.2m
of which Land and buildings: -€75,499
Equity and liabilities
- Other debts -€183,368
down €183,368 (-57.3%), from €319,739 to €136,372
- Debts after one year -€81,822
down €81,822 (-25.3%), from €323,856 to €242,035
- Accrued charges and deferred income -€19,620
down €19,620 (-12.2%), from €160,790 to €141,170
Income statement
- Gross operating margin -€37,811
down €37,811 (-6.5%), from €578,971 to €541,161
- Financial charges -€7,152
down €7,152 (-31.1%), from €22,967 to €15,815
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.
Result 2024
€32,416
Gross operating margin
-€37,811
Staff costs
+€1,511
Depreciation
+€3,361
Other operating charges
+€2,059
Financial charges
+€7,152
Taxes
+€47
Result 2025
€8,735
raises the resultlowers the result
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.
From operations
+€92,490
Investment
-€10,646
Financing
-€86,524
Cash 2024
€112,716
From operations (derived)
+€92,490
Net result for the year
+€8,735
Depreciation
+€125,626
Receivables within one year
+€158,848
Deferred charges and accrued income
+€532
Trade debts
-€1,760
Tax, wage and social debts
+€3,497
Other debts
-€183,368
Accrued charges and deferred income
-€19,620
Investment (derived)
-€10,646
Investment in fixed assets (net)
-€25,750
Current investments
+€15,104
Financing
-€86,524
Debts after one year
-€81,822
Current portion of long-term debt
-€4,702
Cash 2025
€108,035
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,717,810 | €1,438,770 | -€279,040 | -16.2% |
| Fixed assets | 21/28 | €1,285,073 | €1,185,198 | -€99,875 | -7.8% |
| Intangible fixed assets | 21 | €3,262 | €2,306 | -€956 | -29.3% |
| Tangible fixed assets | 22/27 | €1,281,754 | €1,182,834 | -€98,919 | -7.7% |
| Land and buildings | 22 | €1,195,353 | €1,119,854 | -€75,499 | -6.3% |
| Plant, machinery and equipment | 23 | €19,582 | €18,825 | -€757 | -3.9% |
| Furniture and vehicles | 24 | €44,337 | €28,904 | -€15,433 | -34.8% |
| Other tangible fixed assets | 26 | €22,481 | €15,251 | -€7,230 | -32.2% |
| Financial fixed assets | 28 | €58 | €58 | = | 0.0% |
| Current assets | 29/58 | €432,737 | €253,572 | -€179,165 | -41.4% |
| Amounts receivable after more than one year | 29 | €55,000 | €55,000 | = | 0.0% |
| Other amounts receivable | 291 | €55,000 | €55,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €193,438 | €34,589 | -€158,848 | -82.1% |
| Trade receivables | 40 | €33,167 | €31,877 | -€1,290 | -3.9% |
| Other amounts receivable | 41 | €160,271 | €2,712 | -€157,559 | -98.3% |
| Current investments | 50/53 | €70,367 | €55,263 | -€15,104 | -21.5% |
| Cash at bank and in hand | 54/58 | €112,716 | €108,035 | -€4,680 | -4.2% |
| Deferred charges and accrued income | 490/1 | €1,217 | €685 | -€532 | -43.7% |
| Total equity and liabilities | 10/49 | €1,717,810 | €1,438,770 | -€279,040 | -16.2% |
| Equity | 10/15 | €771,771 | €780,505 | +€8,735 | +1.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €10,735 | +€8,735 | +437% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €8,735 | +€8,735 | |
| Profit (loss) carried forward | 14 | €762,771 | €762,771 | = | 0.0% |
| Amounts payable | 17/49 | €946,040 | €658,265 | -€287,775 | -30.4% |
| Amounts payable after more than one year | 17 | €323,856 | €242,035 | -€81,822 | -25.3% |
| Financial debts | 170/4 | €323,856 | €242,035 | -€81,822 | -25.3% |
| Amounts payable within one year | 42/48 | €461,394 | €275,060 | -€186,333 | -40.4% |
| Current portion of amounts payable after more than one year | 42 | €85,072 | €80,370 | -€4,702 | -5.5% |
| Trade debts | 44 | €31,872 | €30,112 | -€1,760 | -5.5% |
| Suppliers | 440/4 | €31,872 | €30,112 | -€1,760 | -5.5% |
| Taxes, remuneration and social security | 45 | €24,711 | €28,207 | +€3,497 | +14.2% |
| Taxes | 450/3 | €16,517 | €15,514 | -€1,003 | -6.1% |
| Remuneration and social security | 454/9 | €8,193 | €12,693 | +€4,500 | +54.9% |
| Other amounts payable | 47/48 | €319,739 | €136,372 | -€183,368 | -57.3% |
| Accrued charges and deferred income | 492/3 | €160,790 | €141,170 | -€19,620 | -12.2% |
| Non-recurring operating income | 76A | €9,233 | - | -€9,233 | |
| Remuneration, social security and pensions | 62 | €363,661 | €362,150 | -€1,511 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,986 | €125,626 | -€3,361 | -2.6% |
| Other operating charges | 640/8 | €22,842 | €20,782 | -€2,059 | -9.0% |
| Gross operating margin | 9900 | €578,971 | €541,161 | -€37,811 | -6.5% |
| Operating profit (loss) | 9901 | €63,483 | €32,603 | -€30,880 | -48.6% |
| Financial charges | 65/66B | €22,967 | €15,815 | -€7,152 | -31.1% |
| Recurring financial charges | 65 | €22,967 | €15,815 | -€7,152 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €40,516 | €16,788 | -€23,728 | -58.6% |
| Income taxes | 67/77 | €8,100 | €8,053 | -€47 | -0.6% |
| Profit (loss) for the period | 9904 | €32,416 | €8,735 | -€23,681 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,416 | €8,735 | -€23,681 | -73.1% |
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 19 October 2026 via checked.be.