ODSMAT: 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.
ODSMAT
Largest movements
- Tangible fixed assets -€10,978
down €10,978 (-44.0%), from €24,925 to €13,947
- Cash +€1,387
up €1,387 (+1222.5%), from €113 to €1,500
mainly Depreciation (+€10,978) and Trade debts (+€3,308)
- Receivables within one year -€435
no longer reported in 2024 (was €435)
of which Other amounts receivable: -€384
- Other debts -€10,222
down €10,222 (-19.3%), from €52,950 to €42,728
- Trade debts +€3,308
up €3,308 (+863.7%), from €383 to €3,691
- Profit (loss) carried forward -€2,716
down €2,716 (-6.8%), from -€39,959 to -€42,675
- Tax, wage and social debts -€397
down €397 (-7.1%), from €5,599 to €5,203
- Gross operating margin +€10,165
up €10,165, from €0 to €10,165
- Staff costs +€878
new in 2024: €878
- Other operating charges +€829
new in 2024: €829
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,473 | €15,447 | -€10,026 | -39.4% |
| Fixed assets | 21/28 | €24,925 | €13,947 | -€10,978 | -44.0% |
| Tangible fixed assets | 22/27 | €24,925 | €13,947 | -€10,978 | -44.0% |
| Plant, machinery and equipment | 23 | €24,925 | €13,947 | -€10,978 | -44.0% |
| Current assets | 29/58 | €548 | €1,500 | +€952 | +173.6% |
| Amounts receivable within one year | 40/41 | €435 | - | -€435 | |
| Trade receivables | 40 | €51 | - | -€51 | |
| Other amounts receivable | 41 | €384 | - | -€384 | |
| Cash at bank and in hand | 54/58 | €113 | €1,500 | +€1,387 | +1222.5% |
| Total equity and liabilities | 10/49 | €25,473 | €15,447 | -€10,026 | -39.4% |
| Equity | 10/15 | -€33,459 | -€36,175 | -€2,716 | -8.1% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,959 | -€42,675 | -€2,716 | -6.8% |
| Amounts payable | 17/49 | €58,932 | €51,622 | -€7,310 | -12.4% |
| Amounts payable within one year | 42/48 | €58,932 | €51,622 | -€7,310 | -12.4% |
| Trade debts | 44 | €383 | €3,691 | +€3,308 | +863.7% |
| Suppliers | 440/4 | €383 | €3,691 | +€3,308 | +863.7% |
| Taxes, remuneration and social security | 45 | €5,599 | €5,203 | -€397 | -7.1% |
| Taxes | 450/3 | €5,599 | €5,203 | -€397 | -7.1% |
| Other amounts payable | 47/48 | €52,950 | €42,728 | -€10,222 | -19.3% |
| Remuneration, social security and pensions | 62 | - | €878 | +€878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,978 | €10,978 | = | 0.0% |
| Other operating charges | 640/8 | - | €829 | +€829 | |
| Gross operating margin | 9900 | €0 | €10,165 | +€10,165 | |
| Operating profit (loss) | 9901 | -€10,978 | -€2,521 | +€8,458 | +77.0% |
| Financial charges | 65/66B | €176 | €195 | +€19 | +10.8% |
| Recurring financial charges | 65 | €176 | €195 | +€19 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,155 | -€2,716 | +€8,439 | +75.7% |
| Profit (loss) for the period | 9904 | -€11,155 | -€2,716 | +€8,439 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,155 | -€2,716 | +€8,439 | +75.7% |
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 1 October 2026 via checked.be.