ODYSSEE 1372: 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.
ODYSSEE 1372
Largest movements
- Cash +€31,762
up €31,762 (+813%), from €3,906 to €35,668
mainly Trade debts (+€28,184) and Other debts (+€11,022)
- Tangible fixed assets +€9,844
up €9,844 (+47.0%), from €20,968 to €30,812
of which Plant, machinery and equipment: +€10,092
- Receivables within one year -€6,638
down €6,638 (-4.1%), from €162,292 to €155,654
of which Other amounts receivable: -€4,317
- Trade debts +€28,184
up €28,184 (+232%), from €12,142 to €40,326
- Tax, wage and social debts -€20,886
down €20,886 (-62.3%), from €33,499 to €12,613
of which Taxes: -€17,963
- Other debts +€11,022
up €11,022 (+28.3%), from €38,978 to €50,000
- Accrued charges and deferred income +€10,275
new in 2025: €10,275
- Profit (loss) carried forward +€7,119
up €7,119 (+4.8%), from -€147,227 to -€140,108
- Gross operating margin +€48,343
up €48,343 (+129%), from €37,368 to €85,711
- Other operating charges +€15,220
up €15,220 (+693%), from €2,196 to €17,416
- Financial charges -€10,470
down €10,470 (-96.3%), from €10,876 to €406
- Financial income -€6,238
down €6,238 (-99.7%), from €6,255 to €17
- Depreciation -€5,696
down €5,696 (-45.3%), from €12,582 to €6,886
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.
Derived cash bridge
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 | €410,387 | €446,100 | +€35,713 | +8.7% |
| Fixed assets | 21/28 | €21,042 | €30,886 | +€9,844 | +46.8% |
| Tangible fixed assets | 22/27 | €20,968 | €30,812 | +€9,844 | +47.0% |
| Plant, machinery and equipment | 23 | €20,720 | €30,812 | +€10,092 | +48.7% |
| Furniture and vehicles | 24 | €248 | - | -€248 | |
| Financial fixed assets | 28 | €74 | €74 | -€0 | -0.5% |
| Current assets | 29/58 | €389,345 | €415,214 | +€25,869 | +6.6% |
| Amounts receivable after more than one year | 29 | €33,336 | €33,336 | -€0 | 0.0% |
| Trade receivables | 290 | €33,336 | €33,336 | -€0 | 0.0% |
| Stocks and contracts in progress | 3 | €177,056 | €177,056 | -€0 | 0.0% |
| Stocks | 30/36 | €177,056 | €177,056 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €162,292 | €155,654 | -€6,638 | -4.1% |
| Trade receivables | 40 | €112,671 | €110,350 | -€2,321 | -2.1% |
| Other amounts receivable | 41 | €49,621 | €45,304 | -€4,317 | -8.7% |
| Cash at bank and in hand | 54/58 | €3,906 | €35,668 | +€31,762 | +813% |
| Deferred charges and accrued income | 490/1 | €12,755 | €13,500 | +€745 | +5.8% |
| Total equity and liabilities | 10/49 | €410,387 | €446,100 | +€35,713 | +8.7% |
| Equity | 10/15 | €167,283 | €174,402 | +€7,119 | +4.3% |
| Contributions | 10/11 | €46,282 | €46,282 | +€0 | 0.0% |
| Reserves | 13 | €268,228 | €268,228 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €230,728 | €230,728 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€147,227 | -€140,108 | +€7,119 | +4.8% |
| Amounts payable | 17/49 | €243,104 | €271,698 | +€28,594 | +11.8% |
| Amounts payable after more than one year | 17 | €158,484 | €158,484 | -€0 | 0.0% |
| Financial debts | 170/4 | €158,484 | €158,484 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €84,620 | €102,939 | +€18,319 | +21.6% |
| Trade debts | 44 | €12,142 | €40,326 | +€28,184 | +232% |
| Suppliers | 440/4 | €12,142 | €40,326 | +€28,184 | +232% |
| Taxes, remuneration and social security | 45 | €33,499 | €12,613 | -€20,886 | -62.3% |
| Taxes | 450/3 | €23,858 | €5,895 | -€17,963 | -75.3% |
| Remuneration and social security | 454/9 | €9,641 | €6,718 | -€2,923 | -30.3% |
| Other amounts payable | 47/48 | €38,978 | €50,000 | +€11,022 | +28.3% |
| Accrued charges and deferred income | 492/3 | - | €10,275 | +€10,275 | |
| Remuneration, social security and pensions | 62 | €50,703 | €53,637 | +€2,934 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,582 | €6,886 | -€5,696 | -45.3% |
| Other operating charges | 640/8 | €2,196 | €17,416 | +€15,220 | +693% |
| Non-recurring operating charges | 66A | €1,710 | €264 | -€1,446 | -84.6% |
| Gross operating margin | 9900 | €37,368 | €85,711 | +€48,343 | +129% |
| Operating profit (loss) | 9901 | -€29,823 | €7,508 | +€37,331 | |
| Financial income | 75/76B | €6,255 | €17 | -€6,238 | -99.7% |
| Recurring financial income | 75 | €6,255 | €17 | -€6,238 | -99.7% |
| Financial charges | 65/66B | €10,876 | €406 | -€10,470 | -96.3% |
| Recurring financial charges | 65 | €10,876 | €406 | -€10,470 | -96.3% |
| Profit (loss) for the period before taxes | 9903 | -€34,444 | €7,119 | +€41,563 | |
| Income taxes | 67/77 | €230 | - | -€230 | |
| Profit (loss) for the period | 9904 | -€34,674 | €7,119 | +€41,793 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,674 | €7,119 | +€41,793 |
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 25 October 2026 via checked.be.