ODYSSEUS CONSULTING: 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 CONSULTING
Largest movements
- Cash +€28,051
up €28,051 (+22.6%), from €123,925 to €151,976
mainly Depreciation (+€30,702) and Net result for the year (+€7,604)
- Tangible fixed assets -€25,233
down €25,233 (-4.9%), from €515,552 to €490,320
of which Land and buildings: -€26,047
- Reserves +€7,500
up €7,500 (+26.8%), from €28,000 to €35,500
- Gross operating margin -€7,742
down €7,742 (-13.6%), from €56,996 to €49,254
- Financial income +€4,195
new in 2025: €4,195
- Depreciation +€1,121
up €1,121 (+3.8%), from €29,582 to €30,702
- Taxes +€650
up €650 (+20.7%), from €3,144 to €3,794
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 | €648,870 | €654,376 | +€5,506 | +0.8% |
| Formation expenses | 20 | €698 | €598 | -€100 | -14.3% |
| Fixed assets | 21/28 | €515,552 | €490,320 | -€25,233 | -4.9% |
| Tangible fixed assets | 22/27 | €515,552 | €490,320 | -€25,233 | -4.9% |
| Land and buildings | 22 | €482,801 | €456,754 | -€26,047 | -5.4% |
| Other tangible fixed assets | 26 | €32,751 | €33,566 | +€815 | +2.5% |
| Current assets | 29/58 | €132,620 | €163,458 | +€30,838 | +23.3% |
| Amounts receivable within one year | 40/41 | €8,696 | €11,482 | +€2,787 | +32.0% |
| Trade receivables | 40 | €8,696 | €11,482 | +€2,787 | +32.0% |
| Cash at bank and in hand | 54/58 | €123,925 | €151,976 | +€28,051 | +22.6% |
| Total equity and liabilities | 10/49 | €648,870 | €654,376 | +€5,506 | +0.8% |
| Equity | 10/15 | €336,023 | €343,628 | +€7,604 | +2.3% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €28,000 | €35,500 | +€7,500 | +26.8% |
| Distributable reserves | 133 | €28,000 | €35,500 | +€7,500 | +26.8% |
| Profit (loss) carried forward | 14 | €8,023 | €8,128 | +€104 | +1.3% |
| Amounts payable | 17/49 | €312,847 | €310,748 | -€2,099 | -0.7% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €12,847 | €10,748 | -€2,099 | -16.3% |
| Trade debts | 44 | €5,380 | €7,040 | +€1,660 | +30.9% |
| Suppliers | 440/4 | €5,380 | €7,040 | +€1,660 | +30.9% |
| Taxes, remuneration and social security | 45 | €7,467 | €3,709 | -€3,759 | -50.3% |
| Taxes | 450/3 | €7,467 | €3,709 | -€3,759 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,582 | €30,702 | +€1,121 | +3.8% |
| Other operating charges | 640/8 | €7,627 | €7,810 | +€183 | +2.4% |
| Gross operating margin | 9900 | €56,996 | €49,254 | -€7,742 | -13.6% |
| Operating profit (loss) | 9901 | €19,787 | €10,742 | -€9,045 | -45.7% |
| Financial income | 75/76B | - | €4,195 | +€4,195 | |
| Recurring financial income | 75 | - | €4,195 | +€4,195 | |
| Financial charges | 65/66B | €3,456 | €3,538 | +€82 | +2.4% |
| Recurring financial charges | 65 | €3,456 | €3,538 | +€82 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €16,331 | €11,399 | -€4,932 | -30.2% |
| Income taxes | 67/77 | €3,144 | €3,794 | +€650 | +20.7% |
| Profit (loss) for the period | 9904 | €13,187 | €7,604 | -€5,582 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,187 | €7,604 | -€5,582 | -42.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.