ODYSSÉE 56: 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.
ODYSSÉE 56
Largest movements
- Receivables within one year -€7,639
no longer reported in 2025 (was €7,639)
- Tangible fixed assets +€5,415
up €5,415 (+2.4%), from €229,873 to €235,288
- Other debts +€28,000
up €28,000 (+17.9%), from €156,000 to €184,000
- Profit (loss) carried forward -€21,637
down €21,637 (-93.4%), from -€23,163 to -€44,800
- Debts after one year -€6,976
down €6,976 (-12.3%), from €56,666 to €49,690
- Trade debts -€4,237
no longer reported in 2025 (was €4,237)
- Other operating charges +€7,669
up €7,669 (+803.8%), from €954 to €8,623
- Depreciation +€4,774
up €4,774 (+44.6%), from €10,695 to €15,469
- Gross operating margin -€1,737
down €1,737 (-25.7%), from €6,764 to €5,027
- Financial charges -€255
down €255 (-9.0%), from €2,828 to €2,573
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.
Cash bridge derived
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 | €240,447 | €235,867 | -€4,580 | -1.9% |
| Formation expenses | 20 | €848 | €548 | -€300 | -35.4% |
| Fixed assets | 21/28 | €229,873 | €235,288 | +€5,415 | +2.4% |
| Tangible fixed assets | 22/27 | €229,873 | €235,288 | +€5,415 | +2.4% |
| Land and buildings | 22 | €229,873 | €235,288 | +€5,415 | +2.4% |
| Current assets | 29/58 | €9,725 | €30 | -€9,695 | -99.7% |
| Amounts receivable within one year | 40/41 | €7,639 | - | -€7,639 | |
| Trade receivables | 40 | €7,639 | - | -€7,639 | |
| Cash at bank and in hand | 54/58 | €2,086 | €30 | -€2,055 | -98.6% |
| Total equity and liabilities | 10/49 | €240,447 | €235,867 | -€4,580 | -1.9% |
| Equity | 10/15 | €16,837 | -€4,800 | -€21,637 | |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,163 | -€44,800 | -€21,637 | -93.4% |
| Amounts payable | 17/49 | €223,609 | €240,666 | +€17,057 | +7.6% |
| Amounts payable after more than one year | 17 | €56,666 | €49,690 | -€6,976 | -12.3% |
| Financial debts | 170/4 | €56,666 | €49,690 | -€6,976 | -12.3% |
| Amounts payable within one year | 42/48 | €166,943 | €190,976 | +€24,033 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €6,706 | €6,976 | +€271 | +4.0% |
| Trade debts | 44 | €4,237 | - | -€4,237 | |
| Suppliers | 440/4 | €4,237 | - | -€4,237 | |
| Other amounts payable | 47/48 | €156,000 | €184,000 | +€28,000 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,695 | €15,469 | +€4,774 | +44.6% |
| Other operating charges | 640/8 | €954 | €8,623 | +€7,669 | +803.8% |
| Gross operating margin | 9900 | €6,764 | €5,027 | -€1,737 | -25.7% |
| Operating profit (loss) | 9901 | -€4,884 | -€19,065 | -€14,180 | -290.3% |
| Financial charges | 65/66B | €2,828 | €2,573 | -€255 | -9.0% |
| Recurring financial charges | 65 | €2,828 | €2,573 | -€255 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,712 | -€21,637 | -€13,925 | -180.6% |
| Profit (loss) for the period | 9904 | -€7,712 | -€21,637 | -€13,925 | -180.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,712 | -€21,637 | -€13,925 | -180.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.