ODUA: 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.
ODUA
Largest movements
- Cash +€132,003
up €132,003 (+156.8%), from €84,164 to €216,166
- Receivables within one year +€38,444
up €38,444 (+161.6%), from €23,790 to €62,234
of which Other amounts receivable: +€40,589
- Tangible fixed assets +€14,736
up €14,736 (+30.8%), from €47,789 to €62,524
of which Furniture and vehicles: +€21,977
- Reserves +€152,940
up €152,940 (+122.0%), from €125,348 to €278,289
of which Distributable reserves: +€154,800
- Tax, wage and social debts +€40,308
up €40,308 (+17039.2%), from €237 to €40,545
of which Taxes: +€32,977
- Debts after one year -€13,375
no longer reported in 2024 (was €13,375)
- Contributions +€8,060
up €8,060 (+65.0%), from €12,400 to €20,460
- Current portion of long-term debt -€3,757
no longer reported in 2024 (was €3,757)
- Gross operating margin +€145,283
up €145,283 (+862.5%), from €16,845 to €162,128
- Taxes +€30,502
up €30,502 (+18655.5%), from €164 to €30,665
- Staff costs +€7,182
new in 2024: €7,182
- Other operating charges +€4,429
up €4,429 (+384.1%), from €1,153 to €5,582
- Depreciation +€2,679
up €2,679 (+36.6%), from €7,316 to €9,995
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,422 | €341,539 | +€185,117 | +118.3% |
| Fixed assets | 21/28 | €47,831 | €62,567 | +€14,736 | +30.8% |
| Tangible fixed assets | 22/27 | €47,789 | €62,524 | +€14,736 | +30.8% |
| Land and buildings | 22 | €29,567 | €22,326 | -€7,241 | -24.5% |
| Furniture and vehicles | 24 | €18,222 | €40,198 | +€21,977 | +120.6% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €108,591 | €278,972 | +€170,381 | +156.9% |
| Amounts receivable within one year | 40/41 | €23,790 | €62,234 | +€38,444 | +161.6% |
| Trade receivables | 40 | €4,892 | €2,747 | -€2,145 | -43.8% |
| Other amounts receivable | 41 | €18,899 | €59,487 | +€40,589 | +214.8% |
| Cash at bank and in hand | 54/58 | €84,164 | €216,166 | +€132,003 | +156.8% |
| Deferred charges and accrued income | 490/1 | €637 | €572 | -€66 | -10.3% |
| Total equity and liabilities | 10/49 | €156,422 | €341,539 | +€185,117 | +118.3% |
| Equity | 10/15 | €137,748 | €298,749 | +€161,000 | +116.9% |
| Contributions | 10/11 | €12,400 | €20,460 | +€8,060 | +65.0% |
| Outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €125,348 | €278,289 | +€152,940 | +122.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €123,488 | €278,289 | +€154,800 | +125.4% |
| Amounts payable | 17/49 | €18,674 | €42,790 | +€24,116 | +129.1% |
| Amounts payable after more than one year | 17 | €13,375 | - | -€13,375 | |
| Financial debts | 170/4 | €13,375 | - | -€13,375 | |
| Amounts payable within one year | 42/48 | €5,298 | €42,790 | +€37,492 | +707.6% |
| Current portion of amounts payable after more than one year | 42 | €3,757 | - | -€3,757 | |
| Trade debts | 44 | €1,305 | €2,245 | +€941 | +72.1% |
| Suppliers | 440/4 | €1,305 | €2,245 | +€941 | +72.1% |
| Taxes, remuneration and social security | 45 | €237 | €40,545 | +€40,308 | +17039.2% |
| Taxes | 450/3 | €237 | €33,213 | +€32,977 | +13940.1% |
| Remuneration and social security | 454/9 | - | €7,331 | +€7,331 | |
| Remuneration, social security and pensions | 62 | - | €7,182 | +€7,182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,316 | €9,995 | +€2,679 | +36.6% |
| Other operating charges | 640/8 | €1,153 | €5,582 | +€4,429 | +384.1% |
| Non-recurring operating charges | 66A | €249 | €4,496 | +€4,247 | +1708.4% |
| Gross operating margin | 9900 | €16,845 | €162,128 | +€145,283 | +862.5% |
| Operating profit (loss) | 9901 | €8,127 | €134,873 | +€126,746 | +1559.5% |
| Financial income | 75/76B | - | €2,424 | +€2,424 | |
| Recurring financial income | 75 | - | €2,424 | +€2,424 | |
| Financial charges | 65/66B | €961 | €546 | -€415 | -43.2% |
| Recurring financial charges | 65 | €861 | €546 | -€315 | -36.6% |
| Non-recurring financial charges | 66B | €100 | - | -€100 | |
| Profit (loss) for the period before taxes | 9903 | €7,166 | €136,751 | +€129,585 | +1808.2% |
| Income taxes | 67/77 | €164 | €30,665 | +€30,502 | +18655.5% |
| Profit (loss) for the period | 9904 | €7,003 | €106,086 | +€99,083 | +1414.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,003 | €106,086 | +€99,083 | +1414.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.