ODILE: 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.
ODILE
Largest movements
- Stocks and contracts -€47,038
down €47,038 (-92.6%), from €50,777 to €3,739
- Cash -€20,345
down €20,345 (-66.8%), from €30,466 to €10,121
mainly Net result for the year (-€46,968) and Trade debts (-€9,956)
- Tangible fixed assets +€3,927
up €3,927 (+1343.3%), from €292 to €4,219
of which Other tangible fixed assets: +€4,219
- Receivables within one year -€3,290
down €3,290 (-25.0%), from €13,137 to €9,847
of which Trade receivables: -€7,982
- Profit (loss) carried forward -€46,968
new in 2024: -€46,968
- Trade debts -€9,956
down €9,956 (-26.4%), from €37,763 to €27,807
- Tax, wage and social debts -€8,442
no longer reported in 2024 (was €8,442)
- Debts after one year -€5,175
no longer reported in 2024 (was €5,175)
- Current portion of long-term debt +€5,175
up €5,175 (+101.7%), from €5,086 to €10,261
- Gross operating margin -€48,476
down €48,476, from €5,940 to -€42,537
- Financial charges +€1,938
up €1,938 (+390.1%), from €497 to €2,434
- Taxes -€1,511
no longer reported in 2024 (was €1,511)
- Other operating charges +€1,104
up €1,104 (+418.6%), from €264 to €1,368
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 | €94,671 | €27,926 | -€66,746 | -70.5% |
| Fixed assets | 21/28 | €292 | €4,219 | +€3,927 | +1343.3% |
| Tangible fixed assets | 22/27 | €292 | €4,219 | +€3,927 | +1343.3% |
| Furniture and vehicles | 24 | €292 | - | -€292 | |
| Other tangible fixed assets | 26 | - | €4,219 | +€4,219 | |
| Current assets | 29/58 | €94,379 | €23,707 | -€70,672 | -74.9% |
| Stocks and contracts in progress | 3 | €50,777 | €3,739 | -€47,038 | -92.6% |
| Stocks | 30/36 | €50,777 | €3,739 | -€47,038 | -92.6% |
| Amounts receivable within one year | 40/41 | €13,137 | €9,847 | -€3,290 | -25.0% |
| Trade receivables | 40 | €13,137 | €5,155 | -€7,982 | -60.8% |
| Other amounts receivable | 41 | - | €4,692 | +€4,692 | |
| Cash at bank and in hand | 54/58 | €30,466 | €10,121 | -€20,345 | -66.8% |
| Total equity and liabilities | 10/49 | €94,671 | €27,926 | -€66,746 | -70.5% |
| Equity | 10/15 | €27,147 | -€19,821 | -€46,968 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €17,147 | €17,147 | = | 0.0% |
| Distributable reserves | 133 | €17,147 | €17,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€46,968 | -€46,968 | |
| Amounts payable | 17/49 | €67,524 | €47,747 | -€19,778 | -29.3% |
| Amounts payable after more than one year | 17 | €5,175 | - | -€5,175 | |
| Financial debts | 170/4 | €5,175 | - | -€5,175 | |
| Amounts payable within one year | 42/48 | €62,349 | €47,567 | -€14,782 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €5,086 | €10,261 | +€5,175 | +101.7% |
| Financial debts | 43 | €21 | €24 | +€3 | +16.8% |
| Credit institutions | 430/8 | €21 | €24 | +€3 | +16.8% |
| Trade debts | 44 | €37,763 | €27,807 | -€9,956 | -26.4% |
| Suppliers | 440/4 | €37,763 | €27,807 | -€9,956 | -26.4% |
| Taxes, remuneration and social security | 45 | €8,442 | - | -€8,442 | |
| Taxes | 450/3 | €8,442 | - | -€8,442 | |
| Other amounts payable | 47/48 | €11,038 | €9,475 | -€1,563 | -14.2% |
| Accrued charges and deferred income | 492/3 | - | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373 | €629 | +€256 | +68.6% |
| Other operating charges | 640/8 | €264 | €1,368 | +€1,104 | +418.6% |
| Gross operating margin | 9900 | €5,940 | -€42,537 | -€48,476 | |
| Operating profit (loss) | 9901 | €5,303 | -€44,533 | -€49,836 | |
| Financial charges | 65/66B | €497 | €2,434 | +€1,938 | +390.1% |
| Recurring financial charges | 65 | €497 | €2,434 | +€1,938 | +390.1% |
| Profit (loss) for the period before taxes | 9903 | €4,806 | -€46,968 | -€51,774 | |
| Income taxes | 67/77 | €1,511 | - | -€1,511 | |
| Profit (loss) for the period | 9904 | €3,295 | -€46,968 | -€50,263 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,295 | -€46,968 | -€50,263 |
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 6 October 2026 via checked.be.