ODRADA PROJECTS: 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.
ODRADA PROJECTS
Largest movements
- Current investments +€251,071
up €251,071 (+100.4%), from €250,000 to €501,071
- Cash -€84,372
down €84,372 (-52.4%), from €160,985 to €76,613
mainly Current investments (-€251,071) and Trade debts (-€60,306)
- Stocks and contracts -€80,110
down €80,110 (-17.7%), from €453,695 to €373,585
- Receivables within one year -€66,038
down €66,038 (-15.1%), from €438,621 to €372,583
of which Trade receivables: -€90,355
- Profit (loss) carried forward +€100,490
up €100,490 (+10.7%), from €935,974 to €1.0m
- Trade debts -€60,306
down €60,306 (-34.9%), from €172,834 to €112,527
- Advances received -€26,322
down €26,322 (-29.8%), from €88,421 to €62,100
- Gross operating margin -€81,855
down €81,855 (-30.0%), from €272,905 to €191,050
- Taxes -€22,523
down €22,523 (-39.9%), from €56,484 to €33,961
- Provisions +€12,848
up €12,848, from -€1,104 to €11,744
- Financial income +€3,834
up €3,834 (+642.0%), from €597 to €4,431
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 | €1,304,412 | €1,327,349 | +€22,937 | +1.8% |
| Fixed assets | 21/28 | €514 | €0 | -€514 | -100.0% |
| Tangible fixed assets | 22/27 | €514 | €0 | -€514 | -100.0% |
| Furniture and vehicles | 24 | €514 | €0 | -€514 | -100.0% |
| Current assets | 29/58 | €1,303,898 | €1,327,349 | +€23,452 | +1.8% |
| Stocks and contracts in progress | 3 | €453,695 | €373,585 | -€80,110 | -17.7% |
| Stocks | 30/36 | €453,695 | €373,585 | -€80,110 | -17.7% |
| Amounts receivable within one year | 40/41 | €438,621 | €372,583 | -€66,038 | -15.1% |
| Trade receivables | 40 | €406,871 | €316,515 | -€90,355 | -22.2% |
| Other amounts receivable | 41 | €31,751 | €56,067 | +€24,317 | +76.6% |
| Current investments | 50/53 | €250,000 | €501,071 | +€251,071 | +100.4% |
| Cash at bank and in hand | 54/58 | €160,985 | €76,613 | -€84,372 | -52.4% |
| Deferred charges and accrued income | 490/1 | €597 | €3,498 | +€2,901 | +486.0% |
| Total equity and liabilities | 10/49 | €1,304,412 | €1,327,349 | +€22,937 | +1.8% |
| Equity | 10/15 | €1,022,144 | €1,122,634 | +€100,490 | +9.8% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Capital | 10 | €66,000 | €66,000 | = | 0.0% |
| Issued capital | 100 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €20,170 | €20,170 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,600 | €6,600 | = | 0.0% |
| Legal reserve | 130 | €6,600 | €6,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,570 | €13,570 | = | 0.0% |
| Profit (loss) carried forward | 14 | €935,974 | €1,036,464 | +€100,490 | +10.7% |
| Provisions and deferred taxes | 16 | €8,191 | €19,935 | +€11,744 | +143.4% |
| Provisions for liabilities and charges | 160/5 | €8,191 | €19,935 | +€11,744 | +143.4% |
| Other liabilities and charges | 164/5 | €8,191 | €19,935 | +€11,744 | +143.4% |
| Amounts payable | 17/49 | €274,076 | €184,780 | -€89,296 | -32.6% |
| Amounts payable within one year | 42/48 | €273,897 | €183,730 | -€90,167 | -32.9% |
| Trade debts | 44 | €172,834 | €112,527 | -€60,306 | -34.9% |
| Suppliers | 440/4 | €172,834 | €112,527 | -€60,306 | -34.9% |
| Advances received on contracts in progress | 46 | €88,421 | €62,100 | -€26,322 | -29.8% |
| Taxes, remuneration and social security | 45 | €12,642 | €9,103 | -€3,539 | -28.0% |
| Taxes | 450/3 | €4,790 | €1,250 | -€3,539 | -73.9% |
| Remuneration and social security | 454/9 | €7,853 | €7,853 | +€0 | 0.0% |
| Accrued charges and deferred income | 492/3 | €179 | €1,050 | +€870 | +485.6% |
| Remuneration, social security and pensions | 62 | €46,810 | €47,247 | +€437 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,576 | €514 | -€1,062 | -67.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,104 | €11,744 | +€12,848 | |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €272,905 | €191,050 | -€81,855 | -30.0% |
| Operating profit (loss) | 9901 | €224,537 | €130,426 | -€94,111 | -41.9% |
| Financial income | 75/76B | €597 | €4,431 | +€3,834 | +642.0% |
| Recurring financial income | 75 | €597 | €4,431 | +€3,834 | +642.0% |
| Financial charges | 65/66B | €446 | €406 | -€40 | -9.0% |
| Recurring financial charges | 65 | €446 | €406 | -€40 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €224,688 | €134,451 | -€90,237 | -40.2% |
| Income taxes | 67/77 | €56,484 | €33,961 | -€22,523 | -39.9% |
| Profit (loss) for the period | 9904 | €168,204 | €100,490 | -€67,714 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €168,204 | €100,490 | -€67,714 | -40.3% |
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 30 September 2026 via checked.be.