ODYSCIENCE: 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.
ODYSCIENCE
Largest movements
- Receivables within one year -€26,670
down €26,670 (-19.3%), from €137,896 to €111,226
of which Trade receivables: -€23,998
- Cash +€18,101
up €18,101 (+70.9%), from €25,538 to €43,640
mainly Receivables within one year (+€26,670) and Depreciation (+€13,326)
- Deferred charges and accrued income -€8,291
down €8,291 (-67.5%), from €12,291 to €4,000
- Intangible fixed assets -€7,831
down €7,831 (-24.8%), from €31,602 to €23,771
- Tangible fixed assets -€5,495
down €5,495 (-48.0%), from €11,440 to €5,946
of which Plant, machinery and equipment: -€3,522
- Trade debts -€25,342
down €25,342 (-89.2%), from €28,394 to €3,053
- Current portion of long-term debt -€6,497
down €6,497 (-74.9%), from €8,674 to €2,176
- Tax, wage and social debts +€4,444
up €4,444 (+12.3%), from €36,025 to €40,469
of which Taxes: +€4,250
- Profit (loss) carried forward -€2,791
down €2,791 (-2.3%), from €123,875 to €121,084
- Purchases and services -€311,731
no longer reported in 2024 (was €311,731)
- Other operating charges -€17,636
down €17,636 (-80.9%), from €21,801 to €4,165
- Gross operating margin -€14,202
down €14,202 (-16.6%), from €85,612 to €71,410
- Financial charges -€1,341
down €1,341 (-66.7%), from €2,011 to €670
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.
Derived cash bridge
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 | €218,968 | €188,783 | -€30,186 | -13.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €43,243 | €29,917 | -€13,326 | -30.8% |
| Intangible fixed assets | 21 | €31,602 | €23,771 | -€7,831 | -24.8% |
| Tangible fixed assets | 22/27 | €11,440 | €5,946 | -€5,495 | -48.0% |
| Plant, machinery and equipment | 23 | €7,265 | €3,744 | -€3,522 | -48.5% |
| Furniture and vehicles | 24 | €4,175 | €2,202 | -€1,973 | -47.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €175,726 | €158,866 | -€16,860 | -9.6% |
| Amounts receivable within one year | 40/41 | €137,896 | €111,226 | -€26,670 | -19.3% |
| Trade receivables | 40 | €75,527 | €51,529 | -€23,998 | -31.8% |
| Other amounts receivable | 41 | €62,369 | €59,697 | -€2,673 | -4.3% |
| Cash at bank and in hand | 54/58 | €25,538 | €43,640 | +€18,101 | +70.9% |
| Deferred charges and accrued income | 490/1 | €12,291 | €4,000 | -€8,291 | -67.5% |
| Total equity and liabilities | 10/49 | €218,968 | €188,783 | -€30,186 | -13.8% |
| Equity | 10/15 | €145,875 | €143,084 | -€2,791 | -1.9% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €123,875 | €121,084 | -€2,791 | -2.3% |
| Amounts payable | 17/49 | €73,093 | €45,698 | -€27,395 | -37.5% |
| Amounts payable within one year | 42/48 | €73,093 | €45,698 | -€27,395 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €8,674 | €2,176 | -€6,497 | -74.9% |
| Trade debts | 44 | €28,394 | €3,053 | -€25,342 | -89.2% |
| Suppliers | 440/4 | €28,394 | €3,053 | -€25,342 | -89.2% |
| Taxes, remuneration and social security | 45 | €36,025 | €40,469 | +€4,444 | +12.3% |
| Taxes | 450/3 | €25,680 | €29,929 | +€4,250 | +16.5% |
| Remuneration and social security | 454/9 | €10,345 | €10,540 | +€195 | +1.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €311,731 | - | -€311,731 | |
| Remuneration, social security and pensions | 62 | €56,248 | €55,926 | -€322 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,326 | €13,326 | = | 0.0% |
| Other operating charges | 640/8 | €21,801 | €4,165 | -€17,636 | -80.9% |
| Non-recurring operating charges | 66A | €447 | - | -€447 | |
| Gross operating margin | 9900 | €85,612 | €71,410 | -€14,202 | -16.6% |
| Operating profit (loss) | 9901 | -€6,210 | -€2,007 | +€4,203 | +67.7% |
| Financial income | 75/76B | €3,733 | €3,693 | -€40 | -1.1% |
| Recurring financial income | 75 | €3,733 | €3,693 | -€40 | -1.1% |
| Financial charges | 65/66B | €2,011 | €670 | -€1,341 | -66.7% |
| Recurring financial charges | 65 | €2,011 | €670 | -€1,341 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,488 | €1,016 | +€5,504 | |
| Income taxes | 67/77 | €3,106 | €3,807 | +€701 | +22.6% |
| Profit (loss) for the period | 9904 | -€7,595 | -€2,791 | +€4,804 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,595 | -€2,791 | +€4,804 | +63.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.