ODINSON: 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.
ODINSON
Largest movements
- Receivables after one year -€24,615
no longer reported in 2025 (was €24,615)
- Receivables within one year -€3,056
down €3,056 (-29.5%), from €10,356 to €7,300
of which Trade receivables: -€3,431
- Tangible fixed assets -€1,062
down €1,062 (-36.3%), from €2,923 to €1,861
- Cash +€936
up €936 (+75.8%), from €1,234 to €2,170
mainly Receivables after one year (+€24,615) and Net result for the year (+€8,704)
- Deferred charges and accrued income -€465
down €465 (-72.5%), from €641 to €176
- Reserves -€20,255
down €20,255 (-68.5%), from €29,587 to €9,332
- Other debts -€5,579
no longer reported in 2025 (was €5,579)
- Trade debts -€2,370
down €2,370 (-86.7%), from €2,732 to €362
- Gross operating margin +€21,085
up €21,085, from -€9,588 to €11,496
- Staff costs -€2,368
down €2,368 (-71.2%), from €3,328 to €960
- Depreciation -€1,190
down €1,190 (-52.8%), from €2,252 to €1,062
- Financial income -€904
down €904 (-100.0%), from €904 to €0
- Taxes -€123
no longer reported in 2025 (was €123)
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.
Derived cash bridge
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 | €39,769 | €11,507 | -€28,262 | -71.1% |
| Fixed assets | 21/28 | €2,923 | €1,861 | -€1,062 | -36.3% |
| Tangible fixed assets | 22/27 | €2,923 | €1,861 | -€1,062 | -36.3% |
| Furniture and vehicles | 24 | €2,923 | €1,861 | -€1,062 | -36.3% |
| Current assets | 29/58 | €36,846 | €9,646 | -€27,200 | -73.8% |
| Amounts receivable after more than one year | 29 | €24,615 | - | -€24,615 | |
| Other amounts receivable | 291 | €24,615 | - | -€24,615 | |
| Amounts receivable within one year | 40/41 | €10,356 | €7,300 | -€3,056 | -29.5% |
| Trade receivables | 40 | €4,302 | €871 | -€3,431 | -79.7% |
| Other amounts receivable | 41 | €6,054 | €6,429 | +€375 | +6.2% |
| Cash at bank and in hand | 54/58 | €1,234 | €2,170 | +€936 | +75.8% |
| Deferred charges and accrued income | 490/1 | €641 | €176 | -€465 | -72.5% |
| Total equity and liabilities | 10/49 | €39,769 | €11,507 | -€28,262 | -71.1% |
| Equity | 10/15 | €30,587 | €10,332 | -€20,255 | -66.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €29,587 | €9,332 | -€20,255 | -68.5% |
| Distributable reserves | 133 | €29,587 | €9,332 | -€20,255 | -68.5% |
| Amounts payable | 17/49 | €9,182 | €1,175 | -€8,007 | -87.2% |
| Amounts payable within one year | 42/48 | €9,182 | €1,175 | -€8,007 | -87.2% |
| Trade debts | 44 | €2,732 | €362 | -€2,370 | -86.7% |
| Suppliers | 440/4 | €2,732 | €362 | -€2,370 | -86.7% |
| Taxes, remuneration and social security | 45 | €872 | €813 | -€59 | -6.7% |
| Taxes | 450/3 | €872 | €813 | -€59 | -6.7% |
| Other amounts payable | 47/48 | €5,579 | - | -€5,579 | |
| Remuneration, social security and pensions | 62 | €3,328 | €960 | -€2,368 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,252 | €1,062 | -€1,190 | -52.8% |
| Other operating charges | 640/8 | €631 | €638 | +€7 | +1.0% |
| Gross operating margin | 9900 | -€9,588 | €11,496 | +€21,085 | |
| Operating profit (loss) | 9901 | -€15,799 | €8,837 | +€24,636 | |
| Financial income | 75/76B | €904 | €0 | -€904 | -100.0% |
| Recurring financial income | 75 | €904 | €0 | -€904 | -100.0% |
| Financial charges | 65/66B | €169 | €133 | -€36 | -21.5% |
| Recurring financial charges | 65 | €169 | €133 | -€36 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,064 | €8,704 | +€23,768 | |
| Income taxes | 67/77 | €123 | - | -€123 | |
| Profit (loss) for the period | 9904 | -€15,187 | €8,704 | +€23,891 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,187 | €8,704 | +€23,891 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.