ODYSSEUS: 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.
ODYSSEUS
Largest movements
- Deferred charges and accrued income +€15,724
new in 2025: €15,724
- Receivables within one year -€11,833
down €11,833 (-2.6%), from €449,424 to €437,591
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€11,159
up €11,159, from -€8,064 to €3,095
- Provisions +€10,000
no longer reported in 2025 (was -€10,000)
- Financial charges +€261
up €261 (+357.5%), from €73 to €334
- Taxes -€107
down €107, from €54 to -€53
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 | €676,763 | €680,643 | +€3,880 | +0.6% |
| Fixed assets | 21/28 | €227,068 | €227,068 | = | 0.0% |
| Tangible fixed assets | 22/27 | €164,567 | €164,567 | = | 0.0% |
| Land and buildings | 22 | €164,567 | €164,567 | = | 0.0% |
| Financial fixed assets | 28 | €62,501 | €62,501 | = | 0.0% |
| Current assets | 29/58 | €449,695 | €453,575 | +€3,880 | +0.9% |
| Amounts receivable within one year | 40/41 | €449,424 | €437,591 | -€11,833 | -2.6% |
| Other amounts receivable | 41 | €449,424 | €437,591 | -€11,833 | -2.6% |
| Cash at bank and in hand | 54/58 | €271 | €260 | -€11 | -4.1% |
| Deferred charges and accrued income | 490/1 | - | €15,724 | +€15,724 | |
| Total equity and liabilities | 10/49 | €676,763 | €680,643 | +€3,880 | +0.6% |
| Equity | 10/15 | €616,783 | €617,883 | +€1,100 | +0.2% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €23,258 | €23,258 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,357 | €22,357 | = | 0.0% |
| Legal reserve | 130 | €22,357 | €22,357 | = | 0.0% |
| Distributable reserves | 133 | €901 | €901 | = | 0.0% |
| Profit (loss) carried forward | 14 | €221,685 | €222,785 | +€1,100 | +0.5% |
| Provisions and deferred taxes | 16 | €21,200 | €21,200 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €21,200 | €21,200 | = | 0.0% |
| Major repairs and maintenance | 162 | €21,200 | €21,200 | = | 0.0% |
| Amounts payable | 17/49 | €38,780 | €41,560 | +€2,780 | +7.2% |
| Amounts payable within one year | 42/48 | €38,780 | €41,560 | +€2,780 | +7.2% |
| Financial debts | 43 | €2,427 | €4,802 | +€2,375 | +97.9% |
| Credit institutions | 430/8 | €2,427 | €4,802 | +€2,375 | +97.9% |
| Trade debts | 44 | €36,300 | €36,758 | +€458 | +1.3% |
| Suppliers | 440/4 | €36,300 | €36,758 | +€458 | +1.3% |
| Taxes, remuneration and social security | 45 | €53 | - | -€53 | |
| Taxes | 450/3 | €53 | - | -€53 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€10,000 | - | +€10,000 | |
| Other operating charges | 640/8 | €1,667 | €1,716 | +€49 | +2.9% |
| Gross operating margin | 9900 | -€8,064 | €3,095 | +€11,159 | |
| Operating profit (loss) | 9901 | €269 | €1,379 | +€1,110 | +412.6% |
| Financial income | 75/76B | €3 | €2 | -€1 | -33.3% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -33.3% |
| Financial charges | 65/66B | €73 | €334 | +€261 | +357.5% |
| Recurring financial charges | 65 | €73 | €334 | +€261 | +357.5% |
| Profit (loss) for the period before taxes | 9903 | €199 | €1,047 | +€848 | +426.1% |
| Income taxes | 67/77 | €54 | -€53 | -€107 | |
| Profit (loss) for the period | 9904 | €145 | €1,100 | +€955 | +658.6% |
| Profit (loss) for the period to be appropriated | 9905 | €145 | €1,100 | +€955 | +658.6% |
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 8 October 2026 via checked.be.