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
- Tangible fixed assets -€10,632
down €10,632 (-8.2%), from €130,131 to €119,499
- Debts after one year -€11,382
down €11,382 (-38.7%), from €29,402 to €18,021
- Other debts +€2,270
up €2,270 (+6.1%), from €37,285 to €39,555
- Profit (loss) carried forward -€1,674
down €1,674 (-16.2%), from -€10,330 to -€12,005
- Gross operating margin -€2,940
down €2,940 (-17.6%), from €16,676 to €13,736
- Financial charges +€1,443
up €1,443 (+113.3%), from €1,274 to €2,716
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 | €130,218 | €119,852 | -€10,366 | -8.0% |
| Fixed assets | 21/28 | €130,131 | €119,499 | -€10,632 | -8.2% |
| Tangible fixed assets | 22/27 | €130,131 | €119,499 | -€10,632 | -8.2% |
| Land and buildings | 22 | €130,131 | €119,499 | -€10,632 | -8.2% |
| Current assets | 29/58 | €87 | €354 | +€266 | +305.1% |
| Cash at bank and in hand | 54/58 | €87 | €354 | +€266 | +305.1% |
| Total equity and liabilities | 10/49 | €130,218 | €119,852 | -€10,366 | -8.0% |
| Equity | 10/15 | €51,670 | €49,995 | -€1,674 | -3.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,330 | -€12,005 | -€1,674 | -16.2% |
| Amounts payable | 17/49 | €78,549 | €69,857 | -€8,692 | -11.1% |
| Amounts payable after more than one year | 17 | €29,402 | €18,021 | -€11,382 | -38.7% |
| Financial debts | 170/4 | €29,402 | €18,021 | -€11,382 | -38.7% |
| Amounts payable within one year | 42/48 | €49,146 | €51,836 | +€2,690 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €11,382 | €11,382 | -€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €480 | €900 | +€420 | +87.5% |
| Taxes | 450/3 | €480 | €900 | +€420 | +87.5% |
| Other amounts payable | 47/48 | €37,285 | €39,555 | +€2,270 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,632 | €10,632 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €16,676 | €13,736 | -€2,940 | -17.6% |
| Operating profit (loss) | 9901 | €5,594 | €2,642 | -€2,952 | -52.8% |
| Financial charges | 65/66B | €1,274 | €2,716 | +€1,443 | +113.3% |
| Recurring financial charges | 65 | €1,274 | €2,716 | +€1,443 | +113.3% |
| Profit (loss) for the period before taxes | 9903 | €4,321 | -€74 | -€4,395 | |
| Profit (loss) for the period | 9904 | €4,321 | -€74 | -€4,395 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,321 | -€74 | -€4,395 |
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.