ODOBERO: 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.
ODOBERO
Largest movements
- Receivables within one year -€93,750
down €93,750 (-99.6%), from €94,079 to €330
of which Other amounts receivable: -€89,883
- Receivables after one year +€80,000
new in 2025: €80,000
- Cash +€41,816
up €41,816 (+72.5%), from €57,693 to €99,509
mainly Receivables within one year (+€93,750) and Other debts (+€67,601)
- Tangible fixed assets -€28,507
down €28,507 (-46.0%), from €61,942 to €33,435
of which Furniture and vehicles: -€25,054
- Deferred charges and accrued income -€17,895
down €17,895 (-59.1%), from €30,270 to €12,375
- Other debts +€67,601
up €67,601 (+175.4%), from €38,544 to €106,144
- Reserves -€58,034
down €58,034 (-21.9%), from €264,552 to €206,518
- Tax, wage and social debts -€18,861
down €18,861 (-71.6%), from €26,358 to €7,497
- Current portion of long-term debt -€7,458
down €7,458 (-100.0%), from €7,458 to €0
- Gross operating margin -€73,879
down €73,879 (-57.7%), from €128,091 to €54,212
- Taxes -€22,753
down €22,753 (-71.9%), from €31,662 to €8,909
- Depreciation -€2,148
down €2,148 (-6.7%), from €31,876 to €29,729
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 | €363,984 | €345,649 | -€18,335 | -5.0% |
| Fixed assets | 21/28 | €61,942 | €33,435 | -€28,507 | -46.0% |
| Tangible fixed assets | 22/27 | €61,942 | €33,435 | -€28,507 | -46.0% |
| Plant, machinery and equipment | 23 | €2,142 | €1,624 | -€518 | -24.2% |
| Furniture and vehicles | 24 | €50,531 | €25,477 | -€25,054 | -49.6% |
| Other tangible fixed assets | 26 | €9,268 | €6,333 | -€2,935 | -31.7% |
| Current assets | 29/58 | €302,042 | €312,213 | +€10,172 | +3.4% |
| Amounts receivable after more than one year | 29 | - | €80,000 | +€80,000 | |
| Other amounts receivable | 291 | - | €80,000 | +€80,000 | |
| Amounts receivable within one year | 40/41 | €94,079 | €330 | -€93,750 | -99.6% |
| Trade receivables | 40 | €3,866 | €0 | -€3,866 | -100.0% |
| Other amounts receivable | 41 | €90,213 | €330 | -€89,883 | -99.6% |
| Current investments | 50/53 | €120,000 | €120,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,693 | €99,509 | +€41,816 | +72.5% |
| Deferred charges and accrued income | 490/1 | €30,270 | €12,375 | -€17,895 | -59.1% |
| Total equity and liabilities | 10/49 | €363,984 | €345,649 | -€18,335 | -5.0% |
| Equity | 10/15 | €283,152 | €225,118 | -€58,034 | -20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €264,552 | €206,518 | -€58,034 | -21.9% |
| Distributable reserves | 133 | €264,552 | €206,518 | -€58,034 | -21.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €80,832 | €120,531 | +€39,699 | +49.1% |
| Amounts payable within one year | 42/48 | €74,719 | €114,029 | +€39,310 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €7,458 | €0 | -€7,458 | -100.0% |
| Trade debts | 44 | €2,360 | €388 | -€1,972 | -83.6% |
| Suppliers | 440/4 | €2,360 | €388 | -€1,972 | -83.6% |
| Taxes, remuneration and social security | 45 | €26,358 | €7,497 | -€18,861 | -71.6% |
| Taxes | 450/3 | €26,358 | €7,497 | -€18,861 | -71.6% |
| Other amounts payable | 47/48 | €38,544 | €106,144 | +€67,601 | +175.4% |
| Accrued charges and deferred income | 492/3 | €6,112 | €6,502 | +€389 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,876 | €29,729 | -€2,148 | -6.7% |
| Other operating charges | 640/8 | €1,285 | €1,334 | +€49 | +3.8% |
| Gross operating margin | 9900 | €128,091 | €54,212 | -€73,879 | -57.7% |
| Operating profit (loss) | 9901 | €94,929 | €23,149 | -€71,780 | -75.6% |
| Financial income | 75/76B | €6,248 | €5,672 | -€576 | -9.2% |
| Recurring financial income | 75 | €6,248 | €5,672 | -€576 | -9.2% |
| Financial charges | 65/66B | €4,031 | €5,273 | +€1,242 | +30.8% |
| Recurring financial charges | 65 | €4,031 | €5,273 | +€1,242 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €97,146 | €23,548 | -€73,598 | -75.8% |
| Income taxes | 67/77 | €31,662 | €8,909 | -€22,753 | -71.9% |
| Profit (loss) for the period | 9904 | €65,484 | €14,639 | -€50,845 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,484 | €14,639 | -€50,845 | -77.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.