ODJA: 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.
ODJA
Largest movements
- Tangible fixed assets +€55,728
up €55,728 (+2.6%), from €2.1m to €2.2m
of which Plant, machinery and equipment: +€58,085
- Receivables within one year +€46,659
up €46,659 (+33.4%), from €139,659 to €186,318
of which Trade receivables: +€47,186
- Other debts +€613,878
up €613,878 (+121.0%), from €507,148 to €1.1m
- Reserves -€186,612
down €186,612 (-61.9%), from €301,241 to €114,629
of which Distributable reserves: -€186,612
- Debts after one year -€144,494
down €144,494 (-15.5%), from €930,849 to €786,355
- Profit (loss) carried forward -€127,564
down €127,564 (-44.0%), from €289,678 to €162,114
- Tax, wage and social debts -€55,223
down €55,223 (-54.7%), from €100,969 to €45,746
of which Taxes: -€60,962
- Gross operating margin -€87,366
down €87,366 (-20.3%), from €429,362 to €341,995
- Staff costs +€43,087
up €43,087 (+139.2%), from €30,949 to €74,036
- Taxes -€41,460
down €41,460 (-45.7%), from €90,673 to €49,213
- Financial charges +€27,669
up €27,669 (+110.3%), from €25,085 to €52,754
- Financial income +€14,994
up €14,994 (+1389.2%), from €1,079 to €16,074
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 | €2,331,970 | €2,416,379 | +€84,409 | +3.6% |
| Fixed assets | 21/28 | €2,112,599 | €2,168,327 | +€55,728 | +2.6% |
| Tangible fixed assets | 22/27 | €2,112,599 | €2,168,327 | +€55,728 | +2.6% |
| Land and buildings | 22 | €2,064,500 | €2,064,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €29,682 | €87,767 | +€58,085 | +195.7% |
| Furniture and vehicles | 24 | €18,417 | €16,060 | -€2,357 | -12.8% |
| Current assets | 29/58 | €219,371 | €248,052 | +€28,681 | +13.1% |
| Stocks and contracts in progress | 3 | €21,721 | €20,132 | -€1,589 | -7.3% |
| Stocks | 30/36 | €21,721 | €20,132 | -€1,589 | -7.3% |
| Amounts receivable within one year | 40/41 | €139,659 | €186,318 | +€46,659 | +33.4% |
| Trade receivables | 40 | €139,132 | €186,318 | +€47,186 | +33.9% |
| Other amounts receivable | 41 | €527 | - | -€527 | |
| Current investments | 50/53 | €1,047 | €2,875 | +€1,828 | +174.6% |
| Cash at bank and in hand | 54/58 | €25,655 | €7,714 | -€17,941 | -69.9% |
| Deferred charges and accrued income | 490/1 | €31,288 | €31,012 | -€276 | -0.9% |
| Total equity and liabilities | 10/49 | €2,331,970 | €2,416,379 | +€84,409 | +3.6% |
| Equity | 10/15 | €609,519 | €295,343 | -€314,175 | -51.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €301,241 | €114,629 | -€186,612 | -61.9% |
| Tax-exempt reserves | 132 | €19,131 | €19,131 | = | 0.0% |
| Distributable reserves | 133 | €282,110 | €95,498 | -€186,612 | -66.1% |
| Profit (loss) carried forward | 14 | €289,678 | €162,114 | -€127,564 | -44.0% |
| Amounts payable | 17/49 | €1,722,452 | €2,121,035 | +€398,584 | +23.1% |
| Amounts payable after more than one year | 17 | €930,849 | €786,355 | -€144,494 | -15.5% |
| Financial debts | 170/4 | €930,849 | €786,355 | -€144,494 | -15.5% |
| Amounts payable within one year | 42/48 | €791,603 | €1,334,680 | +€543,077 | +68.6% |
| Current portion of amounts payable after more than one year | 42 | €143,142 | €144,494 | +€1,352 | +0.9% |
| Trade debts | 44 | €40,344 | €23,415 | -€16,928 | -42.0% |
| Suppliers | 440/4 | €40,344 | €23,415 | -€16,928 | -42.0% |
| Taxes, remuneration and social security | 45 | €100,969 | €45,746 | -€55,223 | -54.7% |
| Taxes | 450/3 | €90,568 | €29,606 | -€60,962 | -67.3% |
| Remuneration and social security | 454/9 | €10,401 | €16,140 | +€5,739 | +55.2% |
| Other amounts payable | 47/48 | €507,148 | €1,121,026 | +€613,878 | +121.0% |
| Remuneration, social security and pensions | 62 | €30,949 | €74,036 | +€43,087 | +139.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,541 | €18,398 | +€5,857 | +46.7% |
| Other operating charges | 640/8 | €3,225 | €2,843 | -€381 | -11.8% |
| Gross operating margin | 9900 | €429,362 | €341,995 | -€87,366 | -20.3% |
| Operating profit (loss) | 9901 | €382,647 | €246,719 | -€135,929 | -35.5% |
| Financial income | 75/76B | €1,079 | €16,074 | +€14,994 | +1389.2% |
| Recurring financial income | 75 | €1,079 | €16,074 | +€14,994 | +1389.2% |
| Financial charges | 65/66B | €25,085 | €52,754 | +€27,669 | +110.3% |
| Recurring financial charges | 65 | €25,085 | €52,754 | +€27,669 | +110.3% |
| Profit (loss) for the period before taxes | 9903 | €358,641 | €210,038 | -€148,603 | -41.4% |
| Income taxes | 67/77 | €90,673 | €49,213 | -€41,460 | -45.7% |
| Profit (loss) for the period | 9904 | €267,968 | €160,825 | -€107,143 | -40.0% |
| Transfer from tax-exempt reserves | 789 | €105,250 | - | -€105,250 | |
| Transfer to tax-exempt reserves | 689 | €4,396 | - | -€4,396 | |
| Profit (loss) for the period to be appropriated | 9905 | €368,822 | €160,825 | -€207,997 | -56.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.