ODTEX BE: 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.
ODTEX BE
Largest movements
- Cash -€358,038
down €358,038 (-96.2%), from €372,078 to €14,039
mainly Receivables within one year (-€246,851) and Other debts (-€71,197)
- Receivables within one year +€246,851
up €246,851 (+48.2%), from €511,914 to €758,765
of which Other amounts receivable: +€261,155
- Tangible fixed assets -€16,528
down €16,528 (-2.4%), from €676,057 to €659,529
of which Land and buildings: -€16,528
- Other debts -€71,197
down €71,197 (-16.4%), from €433,644 to €362,447
- Profit (loss) carried forward -€41,433
down €41,433 (-30.8%), from -€134,619 to -€176,051
- Financial charges +€20,152
up €20,152 (+167.4%), from €12,037 to €32,189
- Write-downs +€14,304
new in 2025: €14,304
- Gross operating margin -€3,791
down €3,791 (-22.4%), from €16,901 to €13,110
- Other operating charges +€1,489
up €1,489 (+60.9%), from €2,445 to €3,933
- Taxes +€238
up €238 (+45.6%), from €523 to €761
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 | €1,575,189 | €1,448,724 | -€126,465 | -8.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €691,057 | €674,529 | -€16,528 | -2.4% |
| Tangible fixed assets | 22/27 | €676,057 | €659,529 | -€16,528 | -2.4% |
| Land and buildings | 22 | €676,057 | €659,529 | -€16,528 | -2.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €884,132 | €774,196 | -€109,936 | -12.4% |
| Amounts receivable within one year | 40/41 | €511,914 | €758,765 | +€246,851 | +48.2% |
| Trade receivables | 40 | €37,911 | €23,607 | -€14,304 | -37.7% |
| Other amounts receivable | 41 | €474,003 | €735,158 | +€261,155 | +55.1% |
| Cash at bank and in hand | 54/58 | €372,078 | €14,039 | -€358,038 | -96.2% |
| Deferred charges and accrued income | 490/1 | €140 | €1,391 | +€1,251 | +891.6% |
| Total equity and liabilities | 10/49 | €1,575,189 | €1,448,724 | -€126,465 | -8.0% |
| Equity | 10/15 | €866,190 | €824,757 | -€41,433 | -4.8% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €808 | €808 | = | 0.0% |
| Non-distributable reserves | 130/1 | €808 | €808 | = | 0.0% |
| Reserves not available under the articles | 1311 | €808 | €808 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,619 | -€176,051 | -€41,433 | -30.8% |
| Amounts payable | 17/49 | €708,999 | €623,967 | -€85,032 | -12.0% |
| Amounts payable after more than one year | 17 | €257,473 | €242,510 | -€14,963 | -5.8% |
| Financial debts | 170/4 | €257,473 | €242,510 | -€14,963 | -5.8% |
| Amounts payable within one year | 42/48 | €451,526 | €381,457 | -€70,069 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €14,963 | €14,963 | = | 0.0% |
| Trade debts | 44 | €2,662 | €3,802 | +€1,140 | +42.8% |
| Suppliers | 440/4 | €2,662 | €3,802 | +€1,140 | +42.8% |
| Taxes, remuneration and social security | 45 | €256 | €245 | -€11 | -4.4% |
| Taxes | 450/3 | €256 | €245 | -€11 | -4.4% |
| Other amounts payable | 47/48 | €433,644 | €362,447 | -€71,197 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,678 | €16,528 | -€149 | -0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,304 | +€14,304 | |
| Other operating charges | 640/8 | €2,445 | €3,933 | +€1,489 | +60.9% |
| Gross operating margin | 9900 | €16,901 | €13,110 | -€3,791 | -22.4% |
| Operating profit (loss) | 9901 | -€2,222 | -€21,656 | -€19,434 | -874.7% |
| Financial income | 75/76B | €13,049 | €13,174 | +€125 | +1.0% |
| Recurring financial income | 75 | €13,049 | €13,174 | +€125 | +1.0% |
| Financial charges | 65/66B | €12,037 | €32,189 | +€20,152 | +167.4% |
| Recurring financial charges | 65 | €12,037 | €32,189 | +€20,152 | +167.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,210 | -€40,671 | -€39,461 | -3261.9% |
| Income taxes | 67/77 | €523 | €761 | +€238 | +45.6% |
| Profit (loss) for the period | 9904 | -€1,733 | -€41,433 | -€39,700 | -2291.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,733 | -€41,433 | -€39,700 | -2291.4% |
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 10 October 2026 via checked.be.