ODMC: 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.
ODMC
Largest movements
- Current investments -€208,591
down €208,591 (-30.2%), from €691,358 to €482,767
- Receivables within one year +€73,495
up €73,495 (+559.6%), from €13,134 to €86,629
of which Trade receivables: +€52,886
- Cash +€53,904
up €53,904 (+49.4%), from €109,141 to €163,045
mainly Current investments (+€208,591) and Depreciation (+€74,277)
- Tangible fixed assets -€30,785
down €30,785 (-1.8%), from €1.7m to €1.7m
of which Land and buildings: -€51,808
- Debts after one year -€102,695
down €102,695 (-10.2%), from €1.0m to €908,178
- Reserves -€39,597
down €39,597 (-2.9%), from €1.4m to €1.3m
of which Tax-exempt reserves: -€96,830
- Other debts +€26,890
up €26,890 (+40.1%), from €66,979 to €93,869
- Gross operating margin -€509,005
down €509,005 (-66.4%), from €766,850 to €257,845
- Taxes -€172,780
down €172,780 (-81.1%), from €213,038 to €40,258
- Financial charges +€80,105
up €80,105 (+723.3%), from €11,075 to €91,180
- Financial income +€13,134
up €13,134 (+207.4%), from €6,332 to €19,466
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.
Cash bridge derived
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 | €2,650,751 | €2,537,448 | -€113,303 | -4.3% |
| Fixed assets | 21/28 | €1,833,541 | €1,802,756 | -€30,785 | -1.7% |
| Tangible fixed assets | 22/27 | €1,711,805 | €1,681,020 | -€30,785 | -1.8% |
| Land and buildings | 22 | €1,626,879 | €1,575,071 | -€51,808 | -3.2% |
| Plant, machinery and equipment | 23 | - | €7,016 | +€7,016 | |
| Furniture and vehicles | 24 | €84,926 | €98,933 | +€14,007 | +16.5% |
| Financial fixed assets | 28 | €121,736 | €121,736 | = | 0.0% |
| Current assets | 29/58 | €817,210 | €734,692 | -€82,518 | -10.1% |
| Amounts receivable within one year | 40/41 | €13,134 | €86,629 | +€73,495 | +559.6% |
| Trade receivables | 40 | €12,266 | €65,152 | +€52,886 | +431.2% |
| Other amounts receivable | 41 | €868 | €21,477 | +€20,609 | +2374.3% |
| Current investments | 50/53 | €691,358 | €482,767 | -€208,591 | -30.2% |
| Cash at bank and in hand | 54/58 | €109,141 | €163,045 | +€53,904 | +49.4% |
| Deferred charges and accrued income | 490/1 | €3,577 | €2,251 | -€1,326 | -37.1% |
| Total equity and liabilities | 10/49 | €2,650,751 | €2,537,448 | -€113,303 | -4.3% |
| Equity | 10/15 | €1,395,343 | €1,355,746 | -€39,597 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,376,743 | €1,337,146 | -€39,597 | -2.9% |
| Tax-exempt reserves | 132 | €416,790 | €319,960 | -€96,830 | -23.2% |
| Distributable reserves | 133 | €959,953 | €1,017,186 | +€57,233 | +6.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,255,408 | €1,181,702 | -€73,706 | -5.9% |
| Amounts payable after more than one year | 17 | €1,010,873 | €908,178 | -€102,695 | -10.2% |
| Financial debts | 170/4 | €1,010,873 | €908,178 | -€102,695 | -10.2% |
| Amounts payable within one year | 42/48 | €244,535 | €273,524 | +€28,989 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €101,723 | €102,695 | +€972 | +1.0% |
| Trade debts | 44 | €879 | €746 | -€133 | -15.1% |
| Suppliers | 440/4 | €879 | €746 | -€133 | -15.1% |
| Taxes, remuneration and social security | 45 | €74,954 | €76,214 | +€1,260 | +1.7% |
| Taxes | 450/3 | €74,954 | €76,214 | +€1,260 | +1.7% |
| Other amounts payable | 47/48 | €66,979 | €93,869 | +€26,890 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,535 | €74,277 | +€4,742 | +6.8% |
| Other operating charges | 640/8 | €9,685 | €17,323 | +€7,638 | +78.9% |
| Gross operating margin | 9900 | €766,850 | €257,845 | -€509,005 | -66.4% |
| Operating profit (loss) | 9901 | €687,630 | €166,245 | -€521,385 | -75.8% |
| Financial income | 75/76B | €6,332 | €19,466 | +€13,134 | +207.4% |
| Recurring financial income | 75 | €6,332 | €19,466 | +€13,134 | +207.4% |
| Financial charges | 65/66B | €11,075 | €91,180 | +€80,105 | +723.3% |
| Recurring financial charges | 65 | €11,075 | €91,180 | +€80,105 | +723.3% |
| Profit (loss) for the period before taxes | 9903 | €682,887 | €94,530 | -€588,357 | -86.2% |
| Income taxes | 67/77 | €213,038 | €40,258 | -€172,780 | -81.1% |
| Profit (loss) for the period | 9904 | €469,849 | €54,272 | -€415,577 | -88.4% |
| Transfer from tax-exempt reserves | 789 | €110,360 | €96,830 | -€13,530 | -12.3% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €0 | -€210,500 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €369,709 | €151,102 | -€218,607 | -59.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.