ODINFI: 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.
ODINFI
Largest movements
- Cash +€12,018
up €12,018 (+31.2%), from €38,503 to €50,520
mainly Other debts (+€21,547) and Net result for the year (+€18,839)
- Tangible fixed assets +€3,738
up €3,738 (+544.8%), from €686 to €4,424
of which Furniture and vehicles: +€3,813
- Deferred charges and accrued income +€2,010
up €2,010 (+33.7%), from €5,965 to €7,974
- Receivables within one year +€1,250
up €1,250 (+147.1%), from €850 to €2,101
of which Trade receivables: +€1,244
- Other debts +€21,547
up €21,547 (+988.5%), from €2,180 to €23,727
- Trade debts -€2,867
no longer reported in 2025 (was €2,867)
- Gross operating margin +€11,309
up €11,309 (+71.8%), from €15,749 to €27,058
- Depreciation +€2,137
up €2,137 (+264.9%), from €807 to €2,944
- Taxes +€844
up €844 (+20.3%), from €4,150 to €4,994
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 | €46,103 | €65,119 | +€19,016 | +41.2% |
| Fixed assets | 21/28 | €786 | €4,524 | +€3,738 | +475.5% |
| Tangible fixed assets | 22/27 | €686 | €4,424 | +€3,738 | +544.8% |
| Plant, machinery and equipment | 23 | €499 | €424 | -€75 | -15.0% |
| Furniture and vehicles | 24 | €187 | €4,000 | +€3,813 | +2034.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €45,317 | €60,595 | +€15,278 | +33.7% |
| Amounts receivable within one year | 40/41 | €850 | €2,101 | +€1,250 | +147.1% |
| Trade receivables | 40 | - | €1,244 | +€1,244 | |
| Other amounts receivable | 41 | €850 | €857 | +€6 | +0.8% |
| Cash at bank and in hand | 54/58 | €38,503 | €50,520 | +€12,018 | +31.2% |
| Deferred charges and accrued income | 490/1 | €5,965 | €7,974 | +€2,010 | +33.7% |
| Total equity and liabilities | 10/49 | €46,103 | €65,119 | +€19,016 | +41.2% |
| Equity | 10/15 | €40,806 | €40,805 | -€1 | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €40,705 | €40,705 | = | 0.0% |
| Distributable reserves | 133 | €40,705 | €40,705 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1 | - | -€1 | |
| Amounts payable | 17/49 | €5,297 | €24,314 | +€19,017 | +359.0% |
| Amounts payable within one year | 42/48 | €5,297 | €24,314 | +€19,017 | +359.0% |
| Trade debts | 44 | €2,867 | - | -€2,867 | |
| Suppliers | 440/4 | €2,867 | - | -€2,867 | |
| Taxes, remuneration and social security | 45 | €250 | €587 | +€337 | +134.8% |
| Taxes | 450/3 | €250 | €587 | +€337 | +134.8% |
| Other amounts payable | 47/48 | €2,180 | €23,727 | +€21,547 | +988.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €807 | €2,944 | +€2,137 | +264.9% |
| Other operating charges | 640/8 | €150 | €100 | -€50 | -33.1% |
| Gross operating margin | 9900 | €15,749 | €27,058 | +€11,309 | +71.8% |
| Operating profit (loss) | 9901 | €14,791 | €24,013 | +€9,221 | +62.3% |
| Financial charges | 65/66B | €255 | €180 | -€75 | -29.4% |
| Recurring financial charges | 65 | €255 | €180 | -€75 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €14,536 | €23,833 | +€9,296 | +64.0% |
| Income taxes | 67/77 | €4,150 | €4,994 | +€844 | +20.3% |
| Profit (loss) for the period | 9904 | €10,386 | €18,839 | +€8,453 | +81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,386 | €18,839 | +€8,453 | +81.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.