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ODONIMO: 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.

What changed

ODONIMO

BE 0441.615.858
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€7,620
2023 · -€3,308-€4,312
Equity
€521,841
2023 · €659,693-€137,851
Cash
€28,129
2023 · €1,307+€26,822
Balance sheet total
€523,760
2023 · €662,316-€138,556

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€105,768

    down €105,768 (-72.9%), from €145,001 to €39,232

    of which Other amounts receivable: -€113,028

  • Current investments -€49,329

    down €49,329 (-26.3%), from €187,218 to €137,889

  • Cash +€26,822

    up €26,822 (+2052.8%), from €1,307 to €28,129

    mainly Receivables within one year (+€105,768) and Current investments (+€49,329)

  • Tangible fixed assets -€9,435

    down €9,435 (-2.9%), from €327,821 to €318,386

    of which Land and buildings: -€8,663

Equity and liabilities
  • Contributions -€400,000

    down €400,000 (-40.0%), from €1.0m to €600,000

  • Profit (loss) carried forward +€262,149

    up €262,149 (+55.3%), from -€474,030 to -€211,882

Income statement
  • Financial charges +€4,639

    up €4,639 (+67.0%), from -€6,920 to -€2,282

  • Financial income +€3,578

    up €3,578 (+81.7%), from €4,382 to €7,960

  • Gross operating margin -€3,412

    down €3,412 (-278.6%), from -€1,225 to -€4,637

  • Depreciation -€231

    down €231 (-2.0%), from €11,615 to €11,384

  • Other operating charges +€70

    up €70 (+3.9%), from €1,771 to €1,841

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€3,308
Gross operating margin -€3,412
Depreciation +€231
Other operating charges -€70
Financial income +€3,578
Financial charges -€4,639
Result 2024 -€7,620

Cash bridge derived

cash 2023 to 2024

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.

From operations +€109,674
Investment +€47,380
Financing -€130,231
Cash 2023 €1,307
Net result for the year -€7,620
Depreciation +€11,384
Receivables within one year +€105,768
Deferred charges and accrued income +€846
Trade debts +€846
Tax, wage and social debts -€1,260
Accrued charges and deferred income -€291
Investment in fixed assets (net) -€1,949
Current investments +€49,329
Contributions, distributions and other -€130,231
Cash 2024 €28,129
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €662,316 €523,760 -€138,556 -20.9%
Fixed assets 21/28 €327,821 €318,386 -€9,435 -2.9%
Tangible fixed assets 22/27 €327,821 €318,386 -€9,435 -2.9%
Land and buildings 22 €313,781 €305,118 -€8,663 -2.8%
Plant, machinery and equipment 23 €880 €2,424 +€1,544 +175.3%
Furniture and vehicles 24 €13,160 €10,844 -€2,316 -17.6%
Current assets 29/58 €334,495 €205,374 -€129,121 -38.6%
Amounts receivable within one year 40/41 €145,001 €39,232 -€105,768 -72.9%
Trade receivables 40 - €7,260 +€7,260
Other amounts receivable 41 €145,001 €31,972 -€113,028 -78.0%
Current investments 50/53 €187,218 €137,889 -€49,329 -26.3%
Cash at bank and in hand 54/58 €1,307 €28,129 +€26,822 +2052.8%
Deferred charges and accrued income 490/1 €970 €124 -€846 -87.3%
Total equity and liabilities 10/49 €662,316 €523,760 -€138,556 -20.9%
Equity 10/15 €659,693 €521,841 -€137,851 -20.9%
Contributions 10/11 €1,000,000 €600,000 -€400,000 -40.0%
Capital 10 €1,000,000 €600,000 -€400,000 -40.0%
Issued capital 100 €1,000,000 €600,000 -€400,000 -40.0%
Reserves 13 €133,723 €133,723 = 0.0%
Non-distributable reserves 130/1 €8,612 €8,612 = 0.0%
Legal reserve 130 €8,612 €8,612 = 0.0%
Distributable reserves 133 €125,111 €125,111 = 0.0%
Profit (loss) carried forward 14 -€474,030 -€211,882 +€262,149 +55.3%
Amounts payable 17/49 €2,623 €1,919 -€705 -26.9%
Amounts payable within one year 42/48 €2,333 €1,919 -€414 -17.7%
Trade debts 44 €1,073 €1,919 +€846 +78.9%
Suppliers 440/4 €1,073 €1,919 +€846 +78.9%
Taxes, remuneration and social security 45 €1,260 - -€1,260
Taxes 450/3 €1,260 - -€1,260
Accrued charges and deferred income 492/3 €291 - -€291
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,615 €11,384 -€231 -2.0%
Other operating charges 640/8 €1,771 €1,841 +€70 +3.9%
Gross operating margin 9900 -€1,225 -€4,637 -€3,412 -278.6%
Operating profit (loss) 9901 -€14,610 -€17,862 -€3,251 -22.3%
Financial income 75/76B €4,382 €7,960 +€3,578 +81.7%
Recurring financial income 75 €4,382 €7,960 +€3,578 +81.7%
Financial charges 65/66B -€6,920 -€2,282 +€4,639 +67.0%
Recurring financial charges 65 -€6,920 -€2,282 +€4,639 +67.0%
Profit (loss) for the period before taxes 9903 -€3,308 -€7,620 -€4,312 -130.3%
Profit (loss) for the period 9904 -€3,308 -€7,620 -€4,312 -130.3%
Profit (loss) for the period to be appropriated 9905 -€3,308 -€7,620 -€4,312 -130.3%

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 29 September 2026 via checked.be.