Odrone: 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.
Odrone
Largest movements
- Tangible fixed assets +€21,229
up €21,229 (+189.1%), from €11,229 to €32,458
of which Plant, machinery and equipment: +€23,176
- Receivables within one year +€8,244
up €8,244 (+34.9%), from €23,621 to €31,865
of which Trade receivables: +€5,121
- Cash +€4,227
up €4,227 (+54.0%), from €7,833 to €12,059
mainly Net result for the year (+€22,285) and Other debts (+€8,699)
- Deferred charges and accrued income +€2,201
up €2,201 (+341.9%), from €644 to €2,845
- Reserves +€12,000
up €12,000 (+66.7%), from €18,000 to €30,000
- Other debts +€8,699
up €8,699 (+246.2%), from €3,533 to €12,233
- Debts after one year +€7,658
up €7,658 (+81.7%), from €9,371 to €17,029
- Current portion of long-term debt +€5,498
up €5,498 (+282.0%), from €1,950 to €7,447
- Trade debts +€1,072
up €1,072 (+14.8%), from €7,244 to €8,316
- Gross operating margin +€25,734
up €25,734 (+247.9%), from €10,379 to €36,112
- Taxes +€5,174
up €5,174 (+279.2%), from €1,853 to €7,027
- Depreciation +€1,012
up €1,012 (+24.4%), from €4,149 to €5,160
- Financial charges +€919
up €919 (+233.7%), from €393 to €1,312
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 | €44,139 | €80,039 | +€35,901 | +81.3% |
| Fixed assets | 21/28 | €11,229 | €32,458 | +€21,229 | +189.1% |
| Tangible fixed assets | 22/27 | €11,229 | €32,458 | +€21,229 | +189.1% |
| Plant, machinery and equipment | 23 | €5,739 | €28,915 | +€23,176 | +403.9% |
| Furniture and vehicles | 24 | €5,490 | €3,543 | -€1,947 | -35.5% |
| Current assets | 29/58 | €32,910 | €47,581 | +€14,671 | +44.6% |
| Stocks and contracts in progress | 3 | €813 | €813 | = | 0.0% |
| Stocks | 30/36 | €813 | €813 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,621 | €31,865 | +€8,244 | +34.9% |
| Trade receivables | 40 | €15,474 | €20,595 | +€5,121 | +33.1% |
| Other amounts receivable | 41 | €8,147 | €11,270 | +€3,123 | +38.3% |
| Cash at bank and in hand | 54/58 | €7,833 | €12,059 | +€4,227 | +54.0% |
| Deferred charges and accrued income | 490/1 | €644 | €2,845 | +€2,201 | +341.9% |
| Total equity and liabilities | 10/49 | €44,139 | €80,039 | +€35,901 | +81.3% |
| Equity | 10/15 | €18,500 | €30,500 | +€12,000 | +64.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €18,000 | €30,000 | +€12,000 | +66.7% |
| Distributable reserves | 133 | €18,000 | €30,000 | +€12,000 | +66.7% |
| Amounts payable | 17/49 | €25,639 | €49,539 | +€23,901 | +93.2% |
| Amounts payable after more than one year | 17 | €9,371 | €17,029 | +€7,658 | +81.7% |
| Financial debts | 170/4 | €9,371 | €17,029 | +€7,658 | +81.7% |
| Amounts payable within one year | 42/48 | €16,268 | €32,456 | +€16,189 | +99.5% |
| Current portion of amounts payable after more than one year | 42 | €1,950 | €7,447 | +€5,498 | +282.0% |
| Trade debts | 44 | €7,244 | €8,316 | +€1,072 | +14.8% |
| Suppliers | 440/4 | €7,244 | €8,316 | +€1,072 | +14.8% |
| Taxes, remuneration and social security | 45 | €3,540 | €4,460 | +€920 | +26.0% |
| Taxes | 450/3 | €3,540 | €1,831 | -€1,709 | -48.3% |
| Remuneration and social security | 454/9 | - | €2,629 | +€2,629 | |
| Other amounts payable | 47/48 | €3,533 | €12,233 | +€8,699 | +246.2% |
| Accrued charges and deferred income | 492/3 | - | €54 | +€54 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,149 | €5,160 | +€1,012 | +24.4% |
| Other operating charges | 640/8 | €405 | €354 | -€50 | -12.5% |
| Gross operating margin | 9900 | €10,379 | €36,112 | +€25,734 | +247.9% |
| Operating profit (loss) | 9901 | €5,826 | €30,598 | +€24,772 | +425.2% |
| Financial income | 75/76B | €78 | €26 | -€52 | -66.7% |
| Recurring financial income | 75 | €78 | €26 | -€52 | -66.7% |
| Financial charges | 65/66B | €393 | €1,312 | +€919 | +233.7% |
| Recurring financial charges | 65 | €393 | €1,312 | +€919 | +233.7% |
| Profit (loss) for the period before taxes | 9903 | €5,511 | €29,312 | +€23,801 | +431.9% |
| Income taxes | 67/77 | €1,853 | €7,027 | +€5,174 | +279.2% |
| Profit (loss) for the period | 9904 | €3,658 | €22,285 | +€18,627 | +509.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,658 | €22,285 | +€18,627 | +509.3% |
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 6 October 2026 via checked.be.