ODRYKHEL: 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.
ODRYKHEL
Largest movements
- Cash +€38,492
up €38,492 (+106.2%), from €36,233 to €74,725
mainly Net result for the year (+€42,976) and Tax, wage and social debts (+€14,004)
- Tangible fixed assets +€7,872
up €7,872 (+307.4%), from €2,560 to €10,432
of which Furniture and vehicles: +€8,217
- Profit (loss) carried forward +€42,976
up €42,976 (+164.2%), from €26,174 to €69,150
- Tax, wage and social debts +€14,004
up €14,004 (+91.1%), from €15,372 to €29,375
- Other debts -€10,672
no longer reported in 2025 (was €10,672)
- Gross operating margin +€22,993
up €22,993 (+69.2%), from €33,233 to €56,225
- Taxes +€4,731
up €4,731 (+69.5%), from €6,808 to €11,540
- Depreciation +€1,020
up €1,020 (+565.6%), from €180 to €1,200
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 | €53,558 | €100,628 | +€47,070 | +87.9% |
| Fixed assets | 21/28 | €2,560 | €10,432 | +€7,872 | +307.4% |
| Tangible fixed assets | 22/27 | €2,560 | €10,432 | +€7,872 | +307.4% |
| Land and buildings | 22 | €1,680 | €1,335 | -€345 | -20.5% |
| Furniture and vehicles | 24 | €881 | €9,098 | +€8,217 | +933.0% |
| Current assets | 29/58 | €50,997 | €90,196 | +€39,199 | +76.9% |
| Amounts receivable within one year | 40/41 | €13,552 | €13,992 | +€440 | +3.2% |
| Trade receivables | 40 | €13,552 | €13,552 | = | 0.0% |
| Other amounts receivable | 41 | - | €440 | +€440 | |
| Cash at bank and in hand | 54/58 | €36,233 | €74,725 | +€38,492 | +106.2% |
| Deferred charges and accrued income | 490/1 | €1,212 | €1,478 | +€266 | +22.0% |
| Total equity and liabilities | 10/49 | €53,558 | €100,628 | +€47,070 | +87.9% |
| Equity | 10/15 | €27,174 | €70,150 | +€42,976 | +158.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,174 | €69,150 | +€42,976 | +164.2% |
| Amounts payable | 17/49 | €26,383 | €30,478 | +€4,094 | +15.5% |
| Amounts payable within one year | 42/48 | €26,383 | €30,478 | +€4,094 | +15.5% |
| Trade debts | 44 | €340 | €1,103 | +€763 | +224.3% |
| Suppliers | 440/4 | €340 | €1,103 | +€763 | +224.3% |
| Taxes, remuneration and social security | 45 | €15,372 | €29,375 | +€14,004 | +91.1% |
| Taxes | 450/3 | €15,372 | €29,375 | +€14,004 | +91.1% |
| Other amounts payable | 47/48 | €10,672 | - | -€10,672 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180 | €1,200 | +€1,020 | +565.6% |
| Other operating charges | 640/8 | - | €350 | +€350 | |
| Gross operating margin | 9900 | €33,233 | €56,225 | +€22,993 | +69.2% |
| Operating profit (loss) | 9901 | €33,052 | €54,675 | +€21,623 | +65.4% |
| Financial income | 75/76B | €0 | €18 | +€18 | +184800.0% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +184800.0% |
| Financial charges | 65/66B | €70 | €178 | +€108 | +155.7% |
| Recurring financial charges | 65 | €70 | €178 | +€108 | +155.7% |
| Profit (loss) for the period before taxes | 9903 | €32,983 | €54,516 | +€21,533 | +65.3% |
| Income taxes | 67/77 | €6,808 | €11,540 | +€4,731 | +69.5% |
| Profit (loss) for the period | 9904 | €26,174 | €42,976 | +€16,802 | +64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,174 | €42,976 | +€16,802 | +64.2% |
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 11 October 2026 via checked.be.