OdM Advisors: 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.
OdM Advisors
Largest movements
- Cash -€456,973
down €456,973 (-78.0%), from €585,993 to €129,021
mainly Other debts (-€403,845) and Contributions, distributions and other (-€116,740)
- Receivables within one year -€18,395
down €18,395 (-15.7%), from €116,948 to €98,554
of which Other amounts receivable: -€73,845
- Other debts -€403,845
down €403,845 (-67.9%), from €594,429 to €190,585
- Tax, wage and social debts -€63,962
down €63,962 (-67.5%), from €94,761 to €30,799
- Financial charges +€70,600
up €70,600, from -€317 to €70,284
- Taxes -€22,845
down €22,845 (-39.4%), from €58,039 to €35,194
- Gross operating margin -€19,240
down €19,240 (-7.9%), from €242,777 to €223,536
- Financial income -€3,318
down €3,318 (-99.1%), from €3,347 to €29
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 | €703,404 | €230,391 | -€473,013 | -67.2% |
| Fixed assets | 21/28 | €274 | €2,284 | +€2,010 | +735% |
| Tangible fixed assets | 22/27 | €274 | €2,284 | +€2,010 | +735% |
| Plant, machinery and equipment | 23 | €274 | €2,284 | +€2,010 | +735% |
| Current assets | 29/58 | €703,130 | €228,107 | -€475,024 | -67.6% |
| Amounts receivable within one year | 40/41 | €116,948 | €98,554 | -€18,395 | -15.7% |
| Trade receivables | 40 | €33,143 | €88,594 | +€55,450 | +167% |
| Other amounts receivable | 41 | €83,805 | €9,960 | -€73,845 | -88.1% |
| Cash at bank and in hand | 54/58 | €585,993 | €129,021 | -€456,973 | -78.0% |
| Deferred charges and accrued income | 490/1 | €189 | €533 | +€344 | +182% |
| Total equity and liabilities | 10/49 | €703,404 | €230,391 | -€473,013 | -67.2% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €698,404 | €225,391 | -€473,013 | -67.7% |
| Amounts payable within one year | 42/48 | €698,225 | €225,391 | -€472,834 | -67.7% |
| Trade debts | 44 | €9,035 | €4,007 | -€5,028 | -55.6% |
| Suppliers | 440/4 | €9,035 | €4,007 | -€5,028 | -55.6% |
| Taxes, remuneration and social security | 45 | €94,761 | €30,799 | -€63,962 | -67.5% |
| Taxes | 450/3 | €94,761 | €30,799 | -€63,962 | -67.5% |
| Other amounts payable | 47/48 | €594,429 | €190,585 | -€403,845 | -67.9% |
| Accrued charges and deferred income | 492/3 | €179 | €0 | -€179 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €793 | €948 | +€156 | +19.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €242,777 | €223,536 | -€19,240 | -7.9% |
| Operating profit (loss) | 9901 | €241,597 | €222,188 | -€19,408 | -8.0% |
| Financial income | 75/76B | €3,347 | €29 | -€3,318 | -99.1% |
| Recurring financial income | 75 | €3,347 | €29 | -€3,318 | -99.1% |
| Financial charges | 65/66B | -€317 | €70,284 | +€70,600 | |
| Recurring financial charges | 65 | -€317 | €70,284 | +€70,600 | |
| Profit (loss) for the period before taxes | 9903 | €245,261 | €151,934 | -€93,327 | -38.1% |
| Income taxes | 67/77 | €58,039 | €35,194 | -€22,845 | -39.4% |
| Profit (loss) for the period | 9904 | €187,222 | €116,740 | -€70,482 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €187,222 | €116,740 | -€70,482 | -37.6% |
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 23 October 2026 via checked.be.