Odisus: 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.
Odisus
Largest movements
- Receivables within one year -€14,580
down €14,580 (-35.1%), from €41,533 to €26,953
of which Trade receivables: -€12,881
- Stocks and contracts -€2,090
down €2,090 (-100.0%), from €2,090 to €0
- Cash +€1,790
up €1,790 (+28.1%), from €6,358 to €8,148
mainly Net result for the year (+€35,330) and Receivables within one year (+€14,580)
- Tangible fixed assets -€865
down €865 (-38.9%), from €2,221 to €1,356
of which Furniture and vehicles: -€708
- Intangible fixed assets -€600
down €600 (-100.0%), from €600 to €0
- Trade debts -€39,393
down €39,393 (-74.5%), from €52,892 to €13,499
- Profit (loss) carried forward +€35,330
up €35,330 (+56.7%), from -€62,331 to -€27,001
- Other debts -€17,471
down €17,471 (-46.3%), from €37,727 to €20,256
- Current portion of long-term debt +€13,598
up €13,598 (+348.7%), from €3,900 to €17,497
- Debts after one year -€4,757
down €4,757 (-100.0%), from €4,757 to €0
- Gross operating margin +€63,839
up €63,839, from -€23,435 to €40,403
- Financial income -€12,989
down €12,989 (-98.9%), from €13,130 to €140
- Financial charges -€3,622
down €3,622 (-68.5%), from €5,285 to €1,663
- Other operating charges +€826
up €826 (+171.4%), from €482 to €1,309
- Write-downs +€737
new in 2025: €737
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 | €52,802 | €36,761 | -€16,042 | -30.4% |
| Fixed assets | 21/28 | €2,821 | €1,356 | -€1,465 | -51.9% |
| Intangible fixed assets | 21 | €600 | €0 | -€600 | -100.0% |
| Tangible fixed assets | 22/27 | €2,221 | €1,356 | -€865 | -38.9% |
| Furniture and vehicles | 24 | €886 | €178 | -€708 | -79.9% |
| Other tangible fixed assets | 26 | €1,334 | €1,178 | -€157 | -11.7% |
| Current assets | 29/58 | €49,981 | €35,404 | -€14,577 | -29.2% |
| Stocks and contracts in progress | 3 | €2,090 | €0 | -€2,090 | -100.0% |
| Stocks | 30/36 | €2,090 | €0 | -€2,090 | -100.0% |
| Amounts receivable within one year | 40/41 | €41,533 | €26,953 | -€14,580 | -35.1% |
| Trade receivables | 40 | €39,515 | €26,634 | -€12,881 | -32.6% |
| Other amounts receivable | 41 | €2,018 | €318 | -€1,699 | -84.2% |
| Cash at bank and in hand | 54/58 | €6,358 | €8,148 | +€1,790 | +28.1% |
| Deferred charges and accrued income | 490/1 | €0 | €304 | +€304 | |
| Total equity and liabilities | 10/49 | €52,802 | €36,761 | -€16,042 | -30.4% |
| Equity | 10/15 | -€61,331 | -€26,001 | +€35,330 | +57.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,331 | -€27,001 | +€35,330 | +56.7% |
| Amounts payable | 17/49 | €114,134 | €62,762 | -€51,372 | -45.0% |
| Amounts payable after more than one year | 17 | €4,757 | €0 | -€4,757 | -100.0% |
| Financial debts | 170/4 | €4,757 | €0 | -€4,757 | -100.0% |
| Amounts payable within one year | 42/48 | €109,377 | €62,294 | -€47,083 | -43.0% |
| Current portion of amounts payable after more than one year | 42 | €3,900 | €17,497 | +€13,598 | +348.7% |
| Financial debts | 43 | €377 | €0 | -€377 | -100.0% |
| Other loans | 439 | €377 | €0 | -€377 | -100.0% |
| Trade debts | 44 | €52,892 | €13,499 | -€39,393 | -74.5% |
| Suppliers | 440/4 | €52,892 | €13,499 | -€39,393 | -74.5% |
| Taxes, remuneration and social security | 45 | €14,482 | €11,042 | -€3,440 | -23.8% |
| Taxes | 450/3 | €14,482 | €11,042 | -€3,440 | -23.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €37,727 | €20,256 | -€17,471 | -46.3% |
| Accrued charges and deferred income | 492/3 | €0 | €467 | +€467 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,177 | €1,465 | +€288 | +24.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €737 | +€737 | |
| Other operating charges | 640/8 | €482 | €1,309 | +€826 | +171.4% |
| Gross operating margin | 9900 | -€23,435 | €40,403 | +€63,839 | |
| Operating profit (loss) | 9901 | -€25,095 | €36,893 | +€61,987 | |
| Financial income | 75/76B | €13,130 | €140 | -€12,989 | -98.9% |
| Recurring financial income | 75 | €13,130 | €140 | -€12,989 | -98.9% |
| Financial charges | 65/66B | €5,285 | €1,663 | -€3,622 | -68.5% |
| Recurring financial charges | 65 | €5,285 | €1,663 | -€3,622 | -68.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,250 | €35,370 | +€52,620 | |
| Income taxes | 67/77 | - | €40 | +€40 | |
| Profit (loss) for the period | 9904 | -€17,250 | €35,330 | +€52,580 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,250 | €35,330 | +€52,580 |
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 5 October 2026 via checked.be.