odyssées: 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.
odyssées
Largest movements
- Cash +€22,749
up €22,749 (+60.0%), from €37,919 to €60,668
mainly Other debts (+€70,000) and Net result for the year (+€17,801)
- Tangible fixed assets -€5,646
down €5,646 (-35.7%), from €15,813 to €10,167
- Receivables within one year -€2,391
down €2,391 (-28.2%), from €8,489 to €6,099
of which Other amounts receivable: -€1,937
- Other debts +€70,000
new in 2025: €70,000
- Profit (loss) carried forward -€52,199
down €52,199 (-94.7%), from €55,105 to €2,906
- Debts after one year -€2,896
down €2,896 (-49.1%), from €5,897 to €3,000
- Tax, wage and social debts -€1,636
no longer reported in 2025 (was €1,636)
- Trade debts +€911
up €911 (+366%), from €249 to €1,160
- Gross operating margin -€1,330
down €1,330 (-4.2%), from €31,489 to €30,159
- Depreciation -€524
down €524 (-8.5%), from €6,170 to €5,646
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 | €65,983 | €80,263 | +€14,280 | +21.6% |
| Fixed assets | 21/28 | €16,213 | €10,567 | -€5,646 | -34.8% |
| Tangible fixed assets | 22/27 | €15,813 | €10,167 | -€5,646 | -35.7% |
| Furniture and vehicles | 24 | €15,813 | €10,167 | -€5,646 | -35.7% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €49,770 | €69,696 | +€19,926 | +40.0% |
| Amounts receivable within one year | 40/41 | €8,489 | €6,099 | -€2,391 | -28.2% |
| Trade receivables | 40 | €3,222 | €2,768 | -€454 | -14.1% |
| Other amounts receivable | 41 | €5,267 | €3,331 | -€1,937 | -36.8% |
| Cash at bank and in hand | 54/58 | €37,919 | €60,668 | +€22,749 | +60.0% |
| Deferred charges and accrued income | 490/1 | €3,361 | €2,929 | -€432 | -12.9% |
| Total equity and liabilities | 10/49 | €65,983 | €80,263 | +€14,280 | +21.6% |
| Equity | 10/15 | €55,405 | €3,206 | -€52,199 | -94.2% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,105 | €2,906 | -€52,199 | -94.7% |
| Amounts payable | 17/49 | €10,578 | €77,057 | +€66,479 | +628% |
| Amounts payable after more than one year | 17 | €5,897 | €3,000 | -€2,896 | -49.1% |
| Financial debts | 170/4 | €5,897 | €3,000 | -€2,896 | -49.1% |
| Amounts payable within one year | 42/48 | €4,681 | €74,057 | +€69,376 | +1,482% |
| Current portion of amounts payable after more than one year | 42 | €2,797 | €2,896 | +€100 | +3.6% |
| Trade debts | 44 | €249 | €1,160 | +€911 | +366% |
| Suppliers | 440/4 | €249 | €1,160 | +€911 | +366% |
| Taxes, remuneration and social security | 45 | €1,636 | - | -€1,636 | |
| Taxes | 450/3 | €1,636 | - | -€1,636 | |
| Other amounts payable | 47/48 | - | €70,000 | +€70,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,170 | €5,646 | -€524 | -8.5% |
| Other operating charges | 640/8 | €628 | €849 | +€221 | +35.2% |
| Gross operating margin | 9900 | €31,489 | €30,159 | -€1,330 | -4.2% |
| Operating profit (loss) | 9901 | €24,691 | €23,664 | -€1,027 | -4.2% |
| Financial income | 75/76B | €330 | €262 | -€68 | -20.6% |
| Recurring financial income | 75 | €330 | €262 | -€68 | -20.6% |
| Financial charges | 65/66B | €498 | €448 | -€50 | -10.0% |
| Recurring financial charges | 65 | €498 | €448 | -€50 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €24,523 | €23,478 | -€1,045 | -4.3% |
| Income taxes | 67/77 | €5,636 | €5,677 | +€41 | +0.7% |
| Profit (loss) for the period | 9904 | €18,887 | €17,801 | -€1,087 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,887 | €17,801 | -€1,087 | -5.8% |
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 22 October 2026 via checked.be.