ODITY-LAW: 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.
ODITY-LAW
Largest movements
- Receivables within one year +€9,690
up €9,690 (+14.0%), from €69,084 to €78,773
of which Trade receivables: +€9,421
- Short-term financial debts +€8,121
up €8,121 (+20.1%), from €40,421 to €48,542
- Tax, wage and social debts +€6,746
up €6,746 (+47.6%), from €14,168 to €20,914
- Other debts -€4,875
down €4,875 (-69.5%), from €7,013 to €2,138
- Profit (loss) carried forward -€3,209
down €3,209 (-4.3%), from -€73,833 to -€77,042
- Advances received +€2,478
up €2,478 (+16.9%), from €14,641 to €17,119
- Gross operating margin +€8,062
up €8,062, from -€3,510 to €4,552
- Other operating charges +€2,550
new in 2024: €2,550
- Financial charges -€375
down €375 (-7.6%), from €4,945 to €4,570
- Depreciation +€314
up €314 (+82.6%), from €380 to €694
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,525 | €81,227 | +€8,702 | +12.0% |
| Fixed assets | 21/28 | €2,596 | €1,902 | -€694 | -26.7% |
| Tangible fixed assets | 22/27 | €2,596 | €1,902 | -€694 | -26.7% |
| Furniture and vehicles | 24 | €2,596 | €1,902 | -€694 | -26.7% |
| Current assets | 29/58 | €69,929 | €79,325 | +€9,396 | +13.4% |
| Amounts receivable within one year | 40/41 | €69,084 | €78,773 | +€9,690 | +14.0% |
| Trade receivables | 40 | €63,707 | €73,128 | +€9,421 | +14.8% |
| Other amounts receivable | 41 | €5,377 | €5,645 | +€269 | +5.0% |
| Cash at bank and in hand | 54/58 | €846 | €552 | -€294 | -34.7% |
| Total equity and liabilities | 10/49 | €72,525 | €81,227 | +€8,702 | +12.0% |
| Equity | 10/15 | -€55,193 | -€58,402 | -€3,209 | -5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40 | €40 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40 | €40 | = | 0.0% |
| Other | 1319 | €40 | €40 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,833 | -€77,042 | -€3,209 | -4.3% |
| Amounts payable | 17/49 | €127,718 | €139,629 | +€11,911 | +9.3% |
| Amounts payable within one year | 42/48 | €127,718 | €139,629 | +€11,911 | +9.3% |
| Financial debts | 43 | €40,421 | €48,542 | +€8,121 | +20.1% |
| Credit institutions | 430/8 | €40,421 | €48,542 | +€8,121 | +20.1% |
| Trade debts | 44 | €51,476 | €50,917 | -€559 | -1.1% |
| Suppliers | 440/4 | €51,476 | €50,917 | -€559 | -1.1% |
| Advances received on contracts in progress | 46 | €14,641 | €17,119 | +€2,478 | +16.9% |
| Taxes, remuneration and social security | 45 | €14,168 | €20,914 | +€6,746 | +47.6% |
| Taxes | 450/3 | €14,168 | €20,914 | +€6,746 | +47.6% |
| Other amounts payable | 47/48 | €7,013 | €2,138 | -€4,875 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €694 | +€314 | +82.6% |
| Other operating charges | 640/8 | - | €2,550 | +€2,550 | |
| Gross operating margin | 9900 | -€3,510 | €4,552 | +€8,062 | |
| Operating profit (loss) | 9901 | -€3,890 | €1,307 | +€5,198 | |
| Financial income | 75/76B | €80 | €53 | -€27 | -34.2% |
| Recurring financial income | 75 | €80 | €53 | -€27 | -34.2% |
| Financial charges | 65/66B | €4,945 | €4,570 | -€375 | -7.6% |
| Recurring financial charges | 65 | €4,945 | €4,570 | -€375 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,755 | -€3,209 | +€5,546 | +63.3% |
| Profit (loss) for the period | 9904 | -€8,755 | -€3,209 | +€5,546 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,755 | -€3,209 | +€5,546 | +63.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.