ODM ARCHITECTURE: 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 ARCHITECTURE
Largest movements
- Receivables within one year +€29,417
up €29,417 (+69.0%), from €42,636 to €72,053
of which Trade receivables: +€15,652
- Tangible fixed assets -€19,645
down €19,645 (-24.2%), from €81,010 to €61,365
of which Furniture and vehicles: -€11,117
- Cash -€3,009
no longer reported in 2025 (was €3,009)
mainly Net result for the year (-€65,917) and Receivables within one year (-€29,417)
- Profit (loss) carried forward -€65,917
down €65,917 (-81.1%), from €81,240 to €15,323
- Provisions +€39,536
new in 2025: €39,536
- Trade debts +€17,824
up €17,824 (+155%), from €11,491 to €29,315
- Short-term financial debts +€14,571
new in 2025: €14,571
- Other debts +€4,958
up €4,958 (+54.8%), from €9,040 to €13,997
- Gross operating margin -€39,705
down €39,705 (-93.5%), from €42,478 to €2,773
- Provisions +€39,536
new in 2025: €39,536
- Taxes -€19,961
down €19,961, from €10,337 to -€9,625
- Depreciation -€2,325
down €2,325 (-6.8%), from €33,983 to €31,658
- Other operating charges -€1,596
down €1,596 (-71.8%), from €2,224 to €628
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 | €163,107 | €170,332 | +€7,225 | +4.4% |
| Fixed assets | 21/28 | €81,030 | €61,385 | -€19,645 | -24.2% |
| Tangible fixed assets | 22/27 | €81,010 | €61,365 | -€19,645 | -24.2% |
| Plant, machinery and equipment | 23 | €13,482 | €9,382 | -€4,100 | -30.4% |
| Furniture and vehicles | 24 | €62,588 | €51,471 | -€11,117 | -17.8% |
| Leasing and similar rights | 25 | €4,617 | €513 | -€4,104 | -88.9% |
| Other tangible fixed assets | 26 | €324 | - | -€324 | |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €82,077 | €108,947 | +€26,870 | +32.7% |
| Amounts receivable within one year | 40/41 | €42,636 | €72,053 | +€29,417 | +69.0% |
| Trade receivables | 40 | €37,103 | €52,755 | +€15,652 | +42.2% |
| Other amounts receivable | 41 | €5,533 | €19,298 | +€13,765 | +249% |
| Cash at bank and in hand | 54/58 | €3,009 | - | -€3,009 | |
| Deferred charges and accrued income | 490/1 | €36,432 | €36,894 | +€462 | +1.3% |
| Total equity and liabilities | 10/49 | €163,107 | €170,332 | +€7,225 | +4.4% |
| Equity | 10/15 | €114,321 | €48,403 | -€65,917 | -57.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,480 | €14,480 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,620 | €2,620 | = | 0.0% |
| Distributable reserves | 133 | €11,860 | €11,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,240 | €15,323 | -€65,917 | -81.1% |
| Provisions and deferred taxes | 16 | - | €39,536 | +€39,536 | |
| Provisions for liabilities and charges | 160/5 | - | €39,536 | +€39,536 | |
| Other liabilities and charges | 164/5 | - | €39,536 | +€39,536 | |
| Amounts payable | 17/49 | €48,787 | €82,394 | +€33,607 | +68.9% |
| Amounts payable after more than one year | 17 | €15,153 | €13,562 | -€1,590 | -10.5% |
| Financial debts | 170/4 | €5,153 | €3,562 | -€1,590 | -30.9% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €33,634 | €68,831 | +€35,197 | +105% |
| Current portion of amounts payable after more than one year | 42 | €1,980 | €3,325 | +€1,345 | +67.9% |
| Financial debts | 43 | - | €14,571 | +€14,571 | |
| Credit institutions | 430/8 | - | €14,571 | +€14,571 | |
| Trade debts | 44 | €11,491 | €29,315 | +€17,824 | +155% |
| Suppliers | 440/4 | €11,491 | €29,315 | +€17,824 | +155% |
| Taxes, remuneration and social security | 45 | €11,123 | €7,623 | -€3,500 | -31.5% |
| Taxes | 450/3 | €11,123 | €3,747 | -€7,376 | -66.3% |
| Remuneration and social security | 454/9 | - | €3,876 | +€3,876 | |
| Other amounts payable | 47/48 | €9,040 | €13,997 | +€4,958 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,983 | €31,658 | -€2,325 | -6.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €39,536 | +€39,536 | |
| Other operating charges | 640/8 | €2,224 | €628 | -€1,596 | -71.8% |
| Gross operating margin | 9900 | €42,478 | €2,773 | -€39,705 | -93.5% |
| Operating profit (loss) | 9901 | €6,270 | -€69,049 | -€75,319 | |
| Financial income | 75/76B | €23 | €11 | -€12 | -51.7% |
| Recurring financial income | 75 | €23 | €11 | -€12 | -51.7% |
| Financial charges | 65/66B | €5,521 | €6,504 | +€984 | +17.8% |
| Recurring financial charges | 65 | €5,521 | €6,504 | +€984 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €773 | -€75,542 | -€76,315 | |
| Income taxes | 67/77 | €10,337 | -€9,625 | -€19,961 | |
| Profit (loss) for the period | 9904 | -€9,564 | -€65,917 | -€56,353 | -589% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,564 | -€65,917 | -€56,353 | -589% |
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.