ODY: 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.
ODY
Largest movements
- Tangible fixed assets +€66,188
up €66,188 (+757.1%), from €8,742 to €74,930
of which Furniture and vehicles: +€53,067
- Receivables within one year +€50,698
up €50,698 (+1710.2%), from €2,965 to €53,662
of which Trade receivables: +€45,988
- Cash -€48,289
down €48,289 (-46.9%), from €103,014 to €54,726
mainly Contributions, distributions and other (-€107,441) and Investment in fixed assets (net) (-€80,793)
- Debts after one year +€35,990
up €35,990 (+15805.8%), from €228 to €36,217
- Other debts +€28,896
up €28,896 (+33.6%), from €86,030 to €114,926
- Current portion of long-term debt +€9,408
up €9,408 (+1200.7%), from €784 to €10,192
- Tax, wage and social debts -€4,335
down €4,335 (-17.8%), from €24,414 to €20,079
- Gross operating margin +€54,644
up €54,644 (+53.4%), from €102,359 to €157,002
- Depreciation +€12,813
up €12,813 (+715.2%), from €1,792 to €14,605
- Taxes +€9,577
up €9,577 (+42.1%), from €22,723 to €32,300
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 | €116,155 | €185,458 | +€69,303 | +59.7% |
| Fixed assets | 21/28 | €8,742 | €74,930 | +€66,188 | +757.1% |
| Tangible fixed assets | 22/27 | €8,742 | €74,930 | +€66,188 | +757.1% |
| Land and buildings | 22 | - | €20,497 | +€20,497 | |
| Furniture and vehicles | 24 | €1,365 | €54,433 | +€53,067 | +3887.0% |
| Leasing and similar rights | 25 | €877 | - | -€877 | |
| Assets under construction and advance payments | 27 | €6,500 | - | -€6,500 | |
| Current assets | 29/58 | €107,413 | €110,528 | +€3,115 | +2.9% |
| Amounts receivable within one year | 40/41 | €2,965 | €53,662 | +€50,698 | +1710.2% |
| Trade receivables | 40 | €2,965 | €48,952 | +€45,988 | +1551.3% |
| Other amounts receivable | 41 | - | €4,710 | +€4,710 | |
| Cash at bank and in hand | 54/58 | €103,014 | €54,726 | -€48,289 | -46.9% |
| Deferred charges and accrued income | 490/1 | €1,434 | €2,140 | +€706 | +49.2% |
| Total equity and liabilities | 10/49 | €116,155 | €185,458 | +€69,303 | +59.7% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €116,055 | €185,358 | +€69,303 | +59.7% |
| Amounts payable after more than one year | 17 | €228 | €36,217 | +€35,990 | +15805.8% |
| Financial debts | 170/4 | €228 | €36,217 | +€35,990 | +15805.8% |
| Amounts payable within one year | 42/48 | €115,827 | €149,140 | +€33,313 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €784 | €10,192 | +€9,408 | +1200.7% |
| Trade debts | 44 | €4,599 | €3,943 | -€656 | -14.3% |
| Suppliers | 440/4 | €4,599 | €3,943 | -€656 | -14.3% |
| Taxes, remuneration and social security | 45 | €24,414 | €20,079 | -€4,335 | -17.8% |
| Taxes | 450/3 | €24,414 | €20,079 | -€4,335 | -17.8% |
| Other amounts payable | 47/48 | €86,030 | €114,926 | +€28,896 | +33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,792 | €14,605 | +€12,813 | +715.2% |
| Other operating charges | 640/8 | €709 | €894 | +€185 | +26.1% |
| Gross operating margin | 9900 | €102,359 | €157,002 | +€54,644 | +53.4% |
| Operating profit (loss) | 9901 | €99,858 | €141,504 | +€41,646 | +41.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €215 | €1,762 | +€1,547 | +720.6% |
| Recurring financial charges | 65 | €215 | €1,762 | +€1,547 | +720.6% |
| Profit (loss) for the period before taxes | 9903 | €99,643 | €139,741 | +€40,098 | +40.2% |
| Income taxes | 67/77 | €22,723 | €32,300 | +€9,577 | +42.1% |
| Profit (loss) for the period | 9904 | €76,920 | €107,441 | +€30,521 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €76,920 | €107,441 | +€30,521 | +39.7% |
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.