ODTP: 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.
ODTP
Largest movements
- Cash +€179,875
up €179,875 (+19.8%), from €909,243 to €1.1m
mainly Trade debts (+€146,361) and Net result for the year (+€79,303)
- Stocks and contracts +€59,827
up €59,827 (+38.1%), from €156,929 to €216,756
- Receivables within one year -€51,962
down €51,962 (-14.4%), from €360,672 to €308,710
- Tangible fixed assets -€32,967
down €32,967 (-23.7%), from €138,958 to €105,991
of which Land and buildings: -€69,911
- Trade debts +€146,361
up €146,361 (+246.9%), from €59,269 to €205,630
- Reserves +€79,303
up €79,303 (+10.3%), from €772,304 to €851,607
- Provisions -€27,386
down €27,386 (-10.0%), from €275,164 to €247,778
- Accrued charges and deferred income -€25,376
down €25,376 (-100.0%), from €25,376 to €0
- Tax, wage and social debts -€23,264
down €23,264 (-24.8%), from €93,847 to €70,583
of which Taxes: -€25,505
- Financial charges -€25,203
down €25,203 (-99.0%), from €25,470 to €267
- Taxes -€17,297
down €17,297 (-32.4%), from €53,413 to €36,116
- Gross operating margin -€8,065
down €8,065 (-3.6%), from €225,366 to €217,300
- Depreciation +€5,921
up €5,921 (+51.0%), from €11,619 to €17,540
- Financial income +€2,295
up €2,295 (+114.5%), from €2,005 to €4,300
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 | €1,568,569 | €1,721,775 | +€153,206 | +9.8% |
| Fixed assets | 21/28 | €139,358 | €106,391 | -€32,967 | -23.7% |
| Tangible fixed assets | 22/27 | €138,958 | €105,991 | -€32,967 | -23.7% |
| Land and buildings | 22 | €138,031 | €68,120 | -€69,911 | -50.6% |
| Furniture and vehicles | 24 | €927 | €37,871 | +€36,944 | +3985.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €1,429,211 | €1,615,384 | +€186,173 | +13.0% |
| Stocks and contracts in progress | 3 | €156,929 | €216,756 | +€59,827 | +38.1% |
| Stocks | 30/36 | €156,929 | €216,756 | +€59,827 | +38.1% |
| Amounts receivable within one year | 40/41 | €360,672 | €308,710 | -€51,962 | -14.4% |
| Trade receivables | 40 | €360,672 | €308,710 | -€51,962 | -14.4% |
| Cash at bank and in hand | 54/58 | €909,243 | €1,089,118 | +€179,875 | +19.8% |
| Deferred charges and accrued income | 490/1 | €2,367 | €800 | -€1,567 | -66.2% |
| Total equity and liabilities | 10/49 | €1,568,569 | €1,721,775 | +€153,206 | +9.8% |
| Equity | 10/15 | €797,304 | €876,607 | +€79,303 | +9.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €772,304 | €851,607 | +€79,303 | +10.3% |
| Distributable reserves | 133 | €772,304 | €851,607 | +€79,303 | +10.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €275,164 | €247,778 | -€27,386 | -10.0% |
| Provisions for liabilities and charges | 160/5 | €275,164 | €247,778 | -€27,386 | -10.0% |
| Other liabilities and charges | 164/5 | €275,164 | €247,778 | -€27,386 | -10.0% |
| Amounts payable | 17/49 | €496,101 | €597,390 | +€101,289 | +20.4% |
| Amounts payable within one year | 42/48 | €470,725 | €597,390 | +€126,665 | +26.9% |
| Trade debts | 44 | €59,269 | €205,630 | +€146,361 | +246.9% |
| Suppliers | 440/4 | €59,269 | €205,630 | +€146,361 | +246.9% |
| Taxes, remuneration and social security | 45 | €93,847 | €70,583 | -€23,264 | -24.8% |
| Taxes | 450/3 | €74,916 | €49,411 | -€25,505 | -34.0% |
| Remuneration and social security | 454/9 | €18,932 | €21,172 | +€2,240 | +11.8% |
| Other amounts payable | 47/48 | €317,609 | €321,177 | +€3,568 | +1.1% |
| Accrued charges and deferred income | 492/3 | €25,376 | €0 | -€25,376 | -100.0% |
| Remuneration, social security and pensions | 62 | €46,999 | €48,897 | +€1,898 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,619 | €17,540 | +€5,921 | +51.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€29,162 | -€27,386 | +€1,776 | +6.1% |
| Other operating charges | 640/8 | €5,483 | €6,349 | +€866 | +15.8% |
| Non-recurring operating charges | 66A | - | €60,514 | +€60,514 | |
| Gross operating margin | 9900 | €225,366 | €217,300 | -€8,065 | -3.6% |
| Operating profit (loss) | 9901 | €190,425 | €111,386 | -€79,039 | -41.5% |
| Financial income | 75/76B | €2,005 | €4,300 | +€2,295 | +114.5% |
| Recurring financial income | 75 | €2,005 | €4,300 | +€2,295 | +114.5% |
| Financial charges | 65/66B | €25,470 | €267 | -€25,203 | -99.0% |
| Recurring financial charges | 65 | €25,470 | €267 | -€25,203 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | €166,960 | €115,420 | -€51,541 | -30.9% |
| Income taxes | 67/77 | €53,413 | €36,116 | -€17,297 | -32.4% |
| Profit (loss) for the period | 9904 | €113,547 | €79,303 | -€34,244 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €113,547 | €79,303 | -€34,244 | -30.2% |
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.