ODYSSEE 2045: 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 2045
Largest movements
- Deferred charges and accrued income -€83,638
down €83,638 (-98.9%), from €84,568 to €930
- Financial fixed assets -€80,159
down €80,159 (-3.6%), from €2.3m to €2.2m
- Receivables within one year -€39,238
down €39,238 (-75.3%), from €52,143 to €12,905
of which Trade receivables: -€50,000
- Cash +€24,196
up €24,196 (+143%), from €16,913 to €41,108
mainly Contributions, distributions and other (+€207,000) and Deferred charges and accrued income (+€83,638)
- Other debts -€378,682
down €378,682 (-96.4%), from €392,773 to €14,091
- Contributions +€207,000
up €207,000 (+1,113%), from €18,600 to €225,600
- Profit (loss) carried forward -€73,238
down €73,238 (-52.5%), from -€139,582 to -€212,820
- Debts after one year +€63,507
up €63,507 (+3.0%), from €2.1m to €2.2m
- Financial charges +€57,240
up €57,240 (+92.0%), from €62,229 to €119,469
of which Non-recurring financial charges: +€55,350
- Gross operating margin -€17,124
down €17,124 (-49.3%), from €34,741 to €17,617
- Other operating charges +€839
up €839 (+241%), from €348 to €1,186
- Staff costs +€691
up €691 (+2.4%), from €29,231 to €29,922
- Financial income +€542
up €542 (+0.9%), from €60,912 to €61,454
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,412,321 | €2,232,065 | -€180,256 | -7.5% |
| Fixed assets | 21/28 | €2,258,698 | €2,177,122 | -€81,576 | -3.6% |
| Intangible fixed assets | 21 | €3,347 | €1,930 | -€1,417 | -42.3% |
| Financial fixed assets | 28 | €2,255,351 | €2,175,192 | -€80,159 | -3.6% |
| Current assets | 29/58 | €153,623 | €54,943 | -€98,680 | -64.2% |
| Amounts receivable within one year | 40/41 | €52,143 | €12,905 | -€39,238 | -75.3% |
| Trade receivables | 40 | €50,000 | €0 | -€50,000 | -100% |
| Other amounts receivable | 41 | €2,143 | €12,905 | +€10,762 | +502% |
| Cash at bank and in hand | 54/58 | €16,913 | €41,108 | +€24,196 | +143% |
| Deferred charges and accrued income | 490/1 | €84,568 | €930 | -€83,638 | -98.9% |
| Total equity and liabilities | 10/49 | €2,412,321 | €2,232,065 | -€180,256 | -7.5% |
| Equity | 10/15 | -€120,982 | €12,780 | +€133,762 | |
| Contributions | 10/11 | €18,600 | €225,600 | +€207,000 | +1,113% |
| Profit (loss) carried forward | 14 | -€139,582 | -€212,820 | -€73,238 | -52.5% |
| Amounts payable | 17/49 | €2,533,303 | €2,219,285 | -€314,018 | -12.4% |
| Amounts payable after more than one year | 17 | €2,116,890 | €2,180,397 | +€63,507 | +3.0% |
| Financial debts | 170/4 | €2,116,890 | €2,180,397 | +€63,507 | +3.0% |
| Amounts payable within one year | 42/48 | €416,413 | €38,889 | -€377,525 | -90.7% |
| Trade debts | 44 | €15,366 | €15,942 | +€575 | +3.7% |
| Suppliers | 440/4 | €15,366 | €15,942 | +€575 | +3.7% |
| Taxes, remuneration and social security | 45 | €8,274 | €8,856 | +€582 | +7.0% |
| Taxes | 450/3 | €872 | €980 | +€108 | +12.4% |
| Remuneration and social security | 454/9 | €7,402 | €7,876 | +€474 | +6.4% |
| Other amounts payable | 47/48 | €392,773 | €14,091 | -€378,682 | -96.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €29,231 | €29,922 | +€691 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,417 | €1,417 | = | 0.0% |
| Other operating charges | 640/8 | €348 | €1,186 | +€839 | +241% |
| Non-recurring operating charges | 66A | €0 | €315 | +€315 | |
| Gross operating margin | 9900 | €34,741 | €17,617 | -€17,124 | -49.3% |
| Operating profit (loss) | 9901 | €3,746 | -€15,224 | -€18,969 | |
| Financial income | 75/76B | €60,912 | €61,454 | +€542 | +0.9% |
| Recurring financial income | 75 | €60,912 | €61,454 | +€542 | +0.9% |
| Financial charges | 65/66B | €62,229 | €119,469 | +€57,240 | +92.0% |
| Recurring financial charges | 65 | €62,229 | €64,119 | +€1,890 | +3.0% |
| Non-recurring financial charges | 66B | - | €55,350 | +€55,350 | |
| Profit (loss) for the period before taxes | 9903 | €2,429 | -€73,238 | -€75,667 | |
| Profit (loss) for the period | 9904 | €2,429 | -€73,238 | -€75,667 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,429 | -€73,238 | -€75,667 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.