ODINIX: 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.
ODINIX
Largest movements
- Receivables within one year +€38,627
up €38,627 (+1188.0%), from €3,251 to €41,878
of which Other amounts receivable: +€37,384
- Cash -€29,277
down €29,277 (-55.2%), from €53,014 to €23,737
mainly Receivables within one year (-€38,627) and Investment in fixed assets (net) (-€32,059)
- Tangible fixed assets +€28,232
up €28,232 (+2893.3%), from €976 to €29,208
- Trade debts +€31,459
up €31,459 (+1611.1%), from €1,953 to €33,412
- Profit (loss) carried forward +€4,949
up €4,949 (+81.5%), from -€6,074 to -€1,124
- Tax, wage and social debts +€2,316
up €2,316 (+291.6%), from €794 to €3,110
- Other debts -€1,128
no longer reported in 2025 (was €1,128)
- Gross operating margin +€11,981
up €11,981, from -€608 to €11,373
- Depreciation +€3,602
up €3,602 (+1607.0%), from €224 to €3,826
- Taxes +€2,530
up €2,530 (+872.6%), from €290 to €2,820
- Financial income +€2,028
new in 2025: €2,028
of which Non-recurring financial income: +€2,000
- Other operating charges +€1,167
up €1,167 (+223.5%), from €522 to €1,689
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 | €57,262 | €94,858 | +€37,596 | +65.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €996 | €29,228 | +€28,232 | +2835.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €976 | €29,208 | +€28,232 | +2893.3% |
| Furniture and vehicles | 24 | €976 | €29,208 | +€28,232 | +2893.3% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €56,266 | €65,630 | +€9,364 | +16.6% |
| Amounts receivable within one year | 40/41 | €3,251 | €41,878 | +€38,627 | +1188.0% |
| Trade receivables | 40 | €2,577 | €3,820 | +€1,243 | +48.2% |
| Other amounts receivable | 41 | €675 | €38,058 | +€37,384 | +5539.7% |
| Cash at bank and in hand | 54/58 | €53,014 | €23,737 | -€29,277 | -55.2% |
| Deferred charges and accrued income | 490/1 | - | €14 | +€14 | |
| Total equity and liabilities | 10/49 | €57,262 | €94,858 | +€37,596 | +65.7% |
| Equity | 10/15 | €53,386 | €58,336 | +€4,949 | +9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,260 | €53,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Own shares acquired | 1312 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €51,400 | €53,260 | +€1,860 | +3.6% |
| Profit (loss) carried forward | 14 | -€6,074 | -€1,124 | +€4,949 | +81.5% |
| Amounts payable | 17/49 | €3,875 | €36,522 | +€32,647 | +842.5% |
| Amounts payable within one year | 42/48 | €3,875 | €36,522 | +€32,647 | +842.5% |
| Trade debts | 44 | €1,953 | €33,412 | +€31,459 | +1611.1% |
| Suppliers | 440/4 | €1,953 | €33,412 | +€31,459 | +1611.1% |
| Taxes, remuneration and social security | 45 | €794 | €3,110 | +€2,316 | +291.6% |
| Taxes | 450/3 | €794 | €3,110 | +€2,316 | +291.6% |
| Other amounts payable | 47/48 | €1,128 | - | -€1,128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224 | €3,826 | +€3,602 | +1607.0% |
| Other operating charges | 640/8 | €522 | €1,689 | +€1,167 | +223.5% |
| Gross operating margin | 9900 | -€608 | €11,373 | +€11,981 | |
| Operating profit (loss) | 9901 | -€1,355 | €5,857 | +€7,211 | |
| Financial income | 75/76B | - | €2,028 | +€2,028 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Non-recurring financial income | 76B | - | €2,000 | +€2,000 | |
| Financial charges | 65/66B | €115 | €115 | +€1 | +0.5% |
| Recurring financial charges | 65 | €115 | €115 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,469 | €7,770 | +€9,239 | |
| Income taxes | 67/77 | €290 | €2,820 | +€2,530 | +872.6% |
| Profit (loss) for the period | 9904 | -€1,759 | €4,949 | +€6,709 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,759 | €4,949 | +€6,709 |
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 9 October 2026 via checked.be.