ODYSSEUS CONSEIL: 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.
ODYSSEUS CONSEIL
Largest movements
- Tangible fixed assets -€6,973
no longer reported in 2024 (was €6,973)
- Cash -€6,102
down €6,102 (-75.9%), from €8,036 to €1,934
mainly Net result for the year (-€12,468) and Trade debts (-€3,507)
- Receivables within one year -€2,900
down €2,900 (-7.6%), from €37,988 to €35,088
of which Trade receivables: -€28,065
- Profit (loss) carried forward -€12,468
down €12,468 (-30.1%), from €41,430 to €28,962
- Trade debts -€3,507
no longer reported in 2024 (was €3,507)
- Financial charges +€36,710
up €36,710 (+9,109%), from €403 to €37,113
of which Non-recurring financial charges: +€36,797
- Turnover -€28,674
down €28,674 (-34.7%), from €82,720 to €54,046
- Purchases and services -€14,391
down €14,391 (-37.2%), from €38,714 to €24,323
- Gross operating margin -€14,284
down €14,284 (-32.5%), from €44,007 to €29,723
- Taxes +€8,219
up €8,219 (+542%), from €1,517 to €9,736
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,997 | €37,022 | -€15,975 | -30.1% |
| Fixed assets | 21/28 | €6,973 | - | -€6,973 | |
| Tangible fixed assets | 22/27 | €6,973 | - | -€6,973 | |
| Furniture and vehicles | 24 | €6,973 | - | -€6,973 | |
| Current assets | 29/58 | €46,024 | €37,022 | -€9,002 | -19.6% |
| Amounts receivable within one year | 40/41 | €37,988 | €35,088 | -€2,900 | -7.6% |
| Trade receivables | 40 | €28,065 | - | -€28,065 | |
| Other amounts receivable | 41 | €9,923 | €35,088 | +€25,165 | +254% |
| Cash at bank and in hand | 54/58 | €8,036 | €1,934 | -€6,102 | -75.9% |
| Total equity and liabilities | 10/49 | €52,997 | €37,022 | -€15,975 | -30.1% |
| Equity | 10/15 | €49,490 | €37,022 | -€12,468 | -25.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,430 | €28,962 | -€12,468 | -30.1% |
| Amounts payable | 17/49 | €3,507 | - | -€3,507 | |
| Amounts payable within one year | 42/48 | €3,507 | - | -€3,507 | |
| Trade debts | 44 | €3,507 | - | -€3,507 | |
| Suppliers | 440/4 | €3,507 | - | -€3,507 | |
| Turnover | 70 | €82,720 | €54,046 | -€28,674 | -34.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,714 | €24,323 | -€14,391 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,376 | - | -€6,376 | |
| Other operating charges | 640/8 | €3,019 | €622 | -€2,397 | -79.4% |
| Gross operating margin | 9900 | €44,007 | €29,723 | -€14,284 | -32.5% |
| Operating profit (loss) | 9901 | €34,612 | €29,101 | -€5,511 | -15.9% |
| Financial income | 75/76B | €48 | €5,280 | +€5,232 | +10,900% |
| Recurring financial income | 75 | €48 | €5,280 | +€5,232 | +10,900% |
| Financial charges | 65/66B | €403 | €37,113 | +€36,710 | +9,109% |
| Recurring financial charges | 65 | €403 | €316 | -€87 | -21.6% |
| Non-recurring financial charges | 66B | - | €36,797 | +€36,797 | |
| Profit (loss) for the period before taxes | 9903 | €34,257 | -€2,732 | -€36,989 | |
| Income taxes | 67/77 | €1,517 | €9,736 | +€8,219 | +542% |
| Profit (loss) for the period | 9904 | €32,740 | -€12,468 | -€45,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,740 | -€12,468 | -€45,208 |
Source: filed annual accounts (NBB), financial years ended 31 May 2023 and 31 May 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.