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ODIFA: 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.

What changed

ODIFA

BE 0736.713.812
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€176
2024 · €1,220-€1,044
Equity
€10,944
2024 · €10,768+€176
Cash
€6,406
2024 · €2,116+€4,291
Balance sheet total
€115,330
2024 · €124,866-€9,536

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€10,923

    down €10,923 (-9.6%), from €113,947 to €103,024

    of which Land and buildings: -€10,667

  • Cash +€4,291

    up €4,291 (+202.8%), from €2,116 to €6,406

    mainly Depreciation (+€10,923) and Receivables within one year (+€1,550)

  • Receivables within one year -€1,550

    down €1,550 (-20.8%), from €7,450 to €5,900

    of which Trade receivables: -€1,550

  • Deferred charges and accrued income -€1,354

    no longer reported in 2025 (was €1,354)

Equity and liabilities
  • Debts after one year -€9,935

    down €9,935 (-9.5%), from €104,270 to €94,335

Income statement
  • Gross operating margin -€1,305

    down €1,305 (-8.0%), from €16,383 to €15,078

  • Financial charges -€295

    down €295 (-10.0%), from €2,954 to €2,659

From the 2024 result to the 2025 result

effect on the 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 €1,220
Gross operating margin -€1,305
Other operating charges -€34
Financial charges +€295
Result 2025 €176

Cash bridge derived

cash 2024 to 2025

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 +€14,000
Investment €0
Financing -€9,709
Cash 2024 €2,116
Net result for the year +€176
Depreciation +€10,923
Receivables within one year +€1,550
Deferred charges and accrued income +€1,354
Trade debts -€3
Debts after one year -€9,935
Current portion of long-term debt +€226
Cash 2025 €6,406
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €124,866 €115,330 -€9,536 -7.6%
Fixed assets 21/28 €113,947 €103,024 -€10,923 -9.6%
Tangible fixed assets 22/27 €113,947 €103,024 -€10,923 -9.6%
Land and buildings 22 €111,985 €101,319 -€10,667 -9.5%
Other tangible fixed assets 26 €1,961 €1,705 -€257 -13.1%
Current assets 29/58 €10,919 €12,306 +€1,387 +12.7%
Amounts receivable within one year 40/41 €7,450 €5,900 -€1,550 -20.8%
Trade receivables 40 €1,550 - -€1,550
Other amounts receivable 41 €5,900 €5,900 = 0.0%
Cash at bank and in hand 54/58 €2,116 €6,406 +€4,291 +202.8%
Deferred charges and accrued income 490/1 €1,354 - -€1,354
Total equity and liabilities 10/49 €124,866 €115,330 -€9,536 -7.6%
Equity 10/15 €10,768 €10,944 +€176 +1.6%
Contributions 10/11 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 -€4,232 -€4,056 +€176 +4.2%
Amounts payable 17/49 €114,099 €104,386 -€9,712 -8.5%
Amounts payable after more than one year 17 €104,270 €94,335 -€9,935 -9.5%
Financial debts 170/4 €104,270 €94,335 -€9,935 -9.5%
Amounts payable within one year 42/48 €9,829 €10,052 +€223 +2.3%
Current portion of amounts payable after more than one year 42 €9,709 €9,935 +€226 +2.3%
Trade debts 44 €3 - -€3
Suppliers 440/4 €3 - -€3
Other amounts payable 47/48 €116 €116 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,923 €10,923 = 0.0%
Other operating charges 640/8 €1,286 €1,320 +€34 +2.6%
Gross operating margin 9900 €16,383 €15,078 -€1,305 -8.0%
Operating profit (loss) 9901 €4,174 €2,835 -€1,339 -32.1%
Financial charges 65/66B €2,954 €2,659 -€295 -10.0%
Recurring financial charges 65 €2,954 €2,659 -€295 -10.0%
Profit (loss) for the period before taxes 9903 €1,220 €176 -€1,044 -85.6%
Profit (loss) for the period 9904 €1,220 €176 -€1,044 -85.6%
Profit (loss) for the period to be appropriated 9905 €1,220 €176 -€1,044 -85.6%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.