ODONATI: 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.
ODONATI
Largest movements
- Cash +€58,127
up €58,127 (+2,913%), from €1,996 to €60,122
mainly Net result for the year (+€49,851) and Tax, wage and social debts (+€25,645)
- Tangible fixed assets +€29,873
up €29,873 (+2,810%), from €1,063 to €30,936
of which Leasing and similar rights: +€27,439
- Receivables within one year +€19,393
up €19,393 (+81.0%), from €23,956 to €43,349
of which Other amounts receivable: +€21,985
- Profit (loss) carried forward +€49,851
up €49,851 (+1,172%), from €4,252 to €54,103
- Tax, wage and social debts +€25,645
up €25,645 (+668%), from €3,839 to €29,483
- Debts after one year +€19,341
new in 2025: €19,341
- Trade debts +€7,939
up €7,939 (+14,689%), from €54 to €7,993
- Current portion of long-term debt +€5,406
new in 2025: €5,406
- Gross operating margin +€52,190
up €52,190 (+251%), from €20,790 to €72,980
- Taxes +€13,667
up €13,667 (+1,411%), from €969 to €14,636
- Depreciation +€7,249
up €7,249 (+1,266%), from €573 to €7,821
- Financial charges +€1,213
up €1,213 (+2,244%), from €54 to €1,267
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 | €27,144 | €135,327 | +€108,183 | +399% |
| Fixed assets | 21/28 | €1,193 | €30,966 | +€29,773 | +2,496% |
| Intangible fixed assets | 21 | €130 | €30 | -€100 | -77.2% |
| Tangible fixed assets | 22/27 | €1,063 | €30,936 | +€29,873 | +2,810% |
| Furniture and vehicles | 24 | €1,063 | €3,498 | +€2,435 | +229% |
| Leasing and similar rights | 25 | - | €27,439 | +€27,439 | |
| Current assets | 29/58 | €25,952 | €104,361 | +€78,410 | +302% |
| Amounts receivable within one year | 40/41 | €23,956 | €43,349 | +€19,393 | +81.0% |
| Trade receivables | 40 | €23,956 | €21,364 | -€2,592 | -10.8% |
| Other amounts receivable | 41 | - | €21,985 | +€21,985 | |
| Cash at bank and in hand | 54/58 | €1,996 | €60,122 | +€58,127 | +2,913% |
| Deferred charges and accrued income | 490/1 | - | €890 | +€890 | |
| Total equity and liabilities | 10/49 | €27,144 | €135,327 | +€108,183 | +399% |
| Equity | 10/15 | €23,252 | €73,103 | +€49,851 | +214% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,252 | €54,103 | +€49,851 | +1,172% |
| Amounts payable | 17/49 | €3,893 | €62,224 | +€58,331 | +1,499% |
| Amounts payable after more than one year | 17 | - | €19,341 | +€19,341 | |
| Financial debts | 170/4 | - | €19,341 | +€19,341 | |
| Amounts payable within one year | 42/48 | €3,893 | €42,883 | +€38,991 | +1,002% |
| Current portion of amounts payable after more than one year | 42 | - | €5,406 | +€5,406 | |
| Trade debts | 44 | €54 | €7,993 | +€7,939 | +14,689% |
| Suppliers | 440/4 | €54 | €7,993 | +€7,939 | +14,689% |
| Taxes, remuneration and social security | 45 | €3,839 | €29,483 | +€25,645 | +668% |
| Taxes | 450/3 | €3,839 | €29,483 | +€25,645 | +668% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573 | €7,821 | +€7,249 | +1,266% |
| Non-recurring operating charges | 66A | €9,695 | - | -€9,695 | |
| Gross operating margin | 9900 | €20,790 | €72,980 | +€52,190 | +251% |
| Operating profit (loss) | 9901 | €10,522 | €65,158 | +€54,636 | +519% |
| Financial income | 75/76B | - | €596 | +€596 | |
| Recurring financial income | 75 | - | €596 | +€596 | |
| Financial charges | 65/66B | €54 | €1,267 | +€1,213 | +2,244% |
| Recurring financial charges | 65 | €54 | €1,267 | +€1,213 | +2,244% |
| Profit (loss) for the period before taxes | 9903 | €10,468 | €64,487 | +€54,019 | +516% |
| Income taxes | 67/77 | €969 | €14,636 | +€13,667 | +1,411% |
| Profit (loss) for the period | 9904 | €9,500 | €49,851 | +€40,351 | +425% |
| Profit (loss) for the period to be appropriated | 9905 | €9,500 | €49,851 | +€40,351 | +425% |
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 14 October 2026 via checked.be.