PLACIDE ODK: 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.
PLACIDE ODK
Largest movements
- Tangible fixed assets +€59,702
up €59,702 (+24.2%), from €246,523 to €306,224
of which Other tangible fixed assets: +€43,544
- Cash -€17,612
down €17,612 (-33.8%), from €52,140 to €34,528
mainly Investment in fixed assets (net) (-€108,589) and Contributions, distributions and other (-€35,000)
- Receivables within one year +€6,890
up €6,890 (+24.0%), from €28,744 to €35,634
- Other debts +€27,268
up €27,268 (+150%), from €18,143 to €45,411
- Trade debts -€17,556
down €17,556 (-27.4%), from €64,181 to €46,625
- Tax, wage and social debts +€16,827
up €16,827 (+109%), from €15,487 to €32,314
of which Taxes: +€16,991
- Debts after one year +€14,005
up €14,005 (+9.9%), from €141,537 to €155,542
- Accrued charges and deferred income +€10,958
up €10,958 (+478%), from €2,292 to €13,250
- Gross operating margin +€70,602
up €70,602 (+59.7%), from €118,278 to €188,880
- Depreciation +€19,376
up €19,376 (+65.7%), from €29,512 to €48,888
- Staff costs +€10,638
up €10,638 (+13.4%), from €79,189 to €89,827
- Financial charges +€4,692
up €4,692 (+69.2%), from €6,785 to €11,478
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 | €344,941 | €398,417 | +€53,476 | +15.5% |
| Fixed assets | 21/28 | €251,773 | €311,474 | +€59,702 | +23.7% |
| Tangible fixed assets | 22/27 | €246,523 | €306,224 | +€59,702 | +24.2% |
| Plant, machinery and equipment | 23 | €172,546 | €207,155 | +€34,609 | +20.1% |
| Furniture and vehicles | 24 | €9,363 | €6,086 | -€3,277 | -35.0% |
| Leasing and similar rights | 25 | €64,614 | €49,439 | -€15,174 | -23.5% |
| Other tangible fixed assets | 26 | - | €43,544 | +€43,544 | |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €93,168 | €86,943 | -€6,225 | -6.7% |
| Stocks and contracts in progress | 3 | €11,048 | €13,893 | +€2,845 | +25.8% |
| Stocks | 30/36 | €11,048 | €13,893 | +€2,845 | +25.8% |
| Amounts receivable within one year | 40/41 | €28,744 | €35,634 | +€6,890 | +24.0% |
| Other amounts receivable | 41 | €28,744 | €35,634 | +€6,890 | +24.0% |
| Cash at bank and in hand | 54/58 | €52,140 | €34,528 | -€17,612 | -33.8% |
| Deferred charges and accrued income | 490/1 | €1,237 | €2,888 | +€1,651 | +134% |
| Total equity and liabilities | 10/49 | €344,941 | €398,417 | +€53,476 | +15.5% |
| Equity | 10/15 | €59,731 | €62,148 | +€2,416 | +4.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €52,731 | €55,148 | +€2,416 | +4.6% |
| Distributable reserves | 133 | €52,731 | €55,148 | +€2,416 | +4.6% |
| Amounts payable | 17/49 | €285,210 | €336,270 | +€51,060 | +17.9% |
| Amounts payable after more than one year | 17 | €141,537 | €155,542 | +€14,005 | +9.9% |
| Financial debts | 170/4 | €141,537 | €155,542 | +€14,005 | +9.9% |
| Amounts payable within one year | 42/48 | €141,381 | €167,477 | +€26,096 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €43,570 | €43,127 | -€442 | -1.0% |
| Trade debts | 44 | €64,181 | €46,625 | -€17,556 | -27.4% |
| Suppliers | 440/4 | €64,181 | €46,625 | -€17,556 | -27.4% |
| Taxes, remuneration and social security | 45 | €15,487 | €32,314 | +€16,827 | +109% |
| Taxes | 450/3 | €2,977 | €19,968 | +€16,991 | +571% |
| Remuneration and social security | 454/9 | €12,510 | €12,346 | -€164 | -1.3% |
| Other amounts payable | 47/48 | €18,143 | €45,411 | +€27,268 | +150% |
| Accrued charges and deferred income | 492/3 | €2,292 | €13,250 | +€10,958 | +478% |
| Remuneration, social security and pensions | 62 | €79,189 | €89,827 | +€10,638 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,512 | €48,888 | +€19,376 | +65.7% |
| Other operating charges | 640/8 | €1,026 | €1,324 | +€297 | +29.0% |
| Gross operating margin | 9900 | €118,278 | €188,880 | +€70,602 | +59.7% |
| Operating profit (loss) | 9901 | €8,550 | €48,841 | +€40,290 | +471% |
| Financial income | 75/76B | €471 | €101 | -€370 | -78.5% |
| Recurring financial income | 75 | €471 | €101 | -€370 | -78.5% |
| Financial charges | 65/66B | €6,785 | €11,478 | +€4,692 | +69.2% |
| Recurring financial charges | 65 | €6,785 | €11,478 | +€4,692 | +69.2% |
| Profit (loss) for the period before taxes | 9903 | €2,236 | €37,465 | +€35,228 | +1,575% |
| Income taxes | 67/77 | €561 | €48 | -€513 | -91.4% |
| Profit (loss) for the period | 9904 | €1,676 | €37,416 | +€35,741 | +2,133% |
| Profit (loss) for the period to be appropriated | 9905 | €1,676 | €37,416 | +€35,741 | +2,133% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.