ODILON: 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.
ODILON
Largest movements
- Receivables after one year +€132,000
up €132,000 (+165.0%), from €80,000 to €212,000
- Cash -€62,956
down €62,956 (-44.0%), from €142,986 to €80,030
mainly Contributions, distributions and other (-€210,887) and Receivables after one year (-€132,000)
- Receivables within one year +€47,715
up €47,715 (+23.3%), from €204,544 to €252,259
of which Trade receivables: +€50,994
- Stocks and contracts +€22,530
up €22,530 (+4.9%), from €461,363 to €483,893
- Tangible fixed assets +€20,932
up €20,932 (+17.6%), from €118,757 to €139,689
of which Plant, machinery and equipment: +€34,417
- Short-term financial debts +€135,000
up €135,000 (+108.0%), from €125,000 to €260,000
- Reserves -€90,981
down €90,981 (-17.5%), from €520,467 to €429,486
- Other debts +€74,982
up €74,982 (+149.9%), from €50,018 to €125,000
- Trade debts +€26,748
up €26,748 (+25.6%), from €104,626 to €131,373
- Gross operating margin -€44,945
down €44,945 (-15.8%), from €285,287 to €240,342
- Staff costs -€20,337
down €20,337 (-28.5%), from €71,313 to €50,976
- Taxes -€15,985
down €15,985 (-56.9%), from €28,100 to €12,115
- Other operating charges -€7,308
down €7,308 (-64.0%), from €11,420 to €4,111
- Write-downs -€6,491
down €6,491 (-100.0%), from €6,491 to €0
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 | €1,040,647 | €1,194,267 | +€153,620 | +14.8% |
| Fixed assets | 21/28 | €127,857 | €148,789 | +€20,932 | +16.4% |
| Tangible fixed assets | 22/27 | €118,757 | €139,689 | +€20,932 | +17.6% |
| Land and buildings | 22 | €6,032 | €5,383 | -€648 | -10.7% |
| Plant, machinery and equipment | 23 | €920 | €35,337 | +€34,417 | +3739.4% |
| Furniture and vehicles | 24 | €102,214 | €94,873 | -€7,341 | -7.2% |
| Leasing and similar rights | 25 | €9,591 | €4,095 | -€5,495 | -57.3% |
| Financial fixed assets | 28 | €9,100 | €9,100 | = | 0.0% |
| Current assets | 29/58 | €912,790 | €1,045,478 | +€132,688 | +14.5% |
| Amounts receivable after more than one year | 29 | €80,000 | €212,000 | +€132,000 | +165.0% |
| Other amounts receivable | 291 | €80,000 | €212,000 | +€132,000 | +165.0% |
| Stocks and contracts in progress | 3 | €461,363 | €483,893 | +€22,530 | +4.9% |
| Stocks | 30/36 | €461,363 | €483,893 | +€22,530 | +4.9% |
| Amounts receivable within one year | 40/41 | €204,544 | €252,259 | +€47,715 | +23.3% |
| Trade receivables | 40 | €201,179 | €252,173 | +€50,994 | +25.3% |
| Other amounts receivable | 41 | €3,365 | €86 | -€3,279 | -97.4% |
| Cash at bank and in hand | 54/58 | €142,986 | €80,030 | -€62,956 | -44.0% |
| Deferred charges and accrued income | 490/1 | €23,897 | €17,296 | -€6,601 | -27.6% |
| Total equity and liabilities | 10/49 | €1,040,647 | €1,194,267 | +€153,620 | +14.8% |
| Equity | 10/15 | €560,467 | €469,486 | -€90,981 | -16.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €520,467 | €429,486 | -€90,981 | -17.5% |
| Distributable reserves | 133 | €520,467 | €429,486 | -€90,981 | -17.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €480,180 | €724,781 | +€244,602 | +50.9% |
| Amounts payable after more than one year | 17 | €49,761 | €51,326 | +€1,565 | +3.1% |
| Financial debts | 170/4 | €49,761 | €51,326 | +€1,565 | +3.1% |
| Amounts payable within one year | 42/48 | €428,241 | €673,296 | +€245,055 | +57.2% |
| Current portion of amounts payable after more than one year | 42 | €24,321 | €22,774 | -€1,547 | -6.4% |
| Financial debts | 43 | €125,000 | €260,000 | +€135,000 | +108.0% |
| Credit institutions | 430/8 | €125,000 | €260,000 | +€135,000 | +108.0% |
| Trade debts | 44 | €104,626 | €131,373 | +€26,748 | +25.6% |
| Suppliers | 440/4 | €104,626 | €131,373 | +€26,748 | +25.6% |
| Taxes, remuneration and social security | 45 | €124,276 | €134,149 | +€9,873 | +7.9% |
| Taxes | 450/3 | €115,672 | €121,085 | +€5,414 | +4.7% |
| Remuneration and social security | 454/9 | €8,604 | €13,063 | +€4,459 | +51.8% |
| Other amounts payable | 47/48 | €50,018 | €125,000 | +€74,982 | +149.9% |
| Accrued charges and deferred income | 492/3 | €2,178 | €160 | -€2,018 | -92.7% |
| Remuneration, social security and pensions | 62 | €71,313 | €50,976 | -€20,337 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,525 | €34,860 | +€3,335 | +10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,491 | €0 | -€6,491 | -100.0% |
| Other operating charges | 640/8 | €11,420 | €4,111 | -€7,308 | -64.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €285,287 | €240,342 | -€44,945 | -15.8% |
| Operating profit (loss) | 9901 | €164,539 | €150,395 | -€14,143 | -8.6% |
| Financial income | 75/76B | €1,572 | €1,257 | -€315 | -20.0% |
| Recurring financial income | 75 | €1,572 | €1,257 | -€315 | -20.0% |
| Financial charges | 65/66B | €19,030 | €19,632 | +€602 | +3.2% |
| Recurring financial charges | 65 | €19,030 | €19,632 | +€602 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €147,081 | €132,021 | -€15,060 | -10.2% |
| Income taxes | 67/77 | €28,100 | €12,115 | -€15,985 | -56.9% |
| Profit (loss) for the period | 9904 | €118,981 | €119,906 | +€924 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €118,981 | €119,906 | +€924 | +0.8% |
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 12 October 2026 via checked.be.