Société Forestière d'ODEIGNE: what changed
What changed
Société Forestière d'ODEIGNE
NACE 02.100, Forestry and logging
filed annual accounts (NBB)
Net result for the year
-€350,367
2024 · -€271,098-€79,269
Equity
-€2.4m
2024 · -€2.1m-€350,367
Cash
€4,809
2024 · €11,960-€7,151
Balance sheet total
€2.7m
2024 · €2.7m+€17,704
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€370,012
up €370,012 (+7.8%), from €4.8m to €5.1m
- Profit (loss) carried forward -€350,367
down €350,367 (-15.6%), from -€2.2m to -€2.6m
Income statement
- Gross operating margin -€63,773
down €63,773, from €9,220 to -€54,553
- Staff costs +€12,293
up €12,293 (+51.8%), from €23,715 to €36,009
- Financial charges +€7,925
up €7,925 (+5.8%), from €136,311 to €144,236
- Depreciation -€2,599
down €2,599 (-2.4%), from €107,157 to €104,558
- Other operating charges -€2,333
down €2,333 (-17.5%), from €13,344 to €11,011
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€271,098
Gross operating margin
-€63,773
Staff costs
-€12,293
Depreciation
+€2,599
Other operating charges
+€2,333
Financial income
-€209
Financial charges
-€7,925
Result 2025
-€350,367
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€121,984
Investment
-€129,134
Financing
€0
Cash 2024
€11,960
From operations (derived)
+€121,984
Net result for the year
-€350,367
Depreciation
+€104,558
Receivables within one year
-€3,825
Deferred charges and accrued income
+€3,547
Trade debts
+€175
Tax, wage and social debts
-€2,116
Other debts
+€370,012
Investment (derived)
-€129,134
Investment in fixed assets (net)
-€129,134
Cash 2025
€4,809
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,721,659 | €2,739,362 | +€17,704 | +0.7% |
| Fixed assets | 21/28 | €2,624,629 | €2,649,205 | +€24,576 | +0.9% |
| Tangible fixed assets | 22/27 | €2,611,129 | €2,635,705 | +€24,576 | +0.9% |
| Land and buildings | 22 | €2,568,643 | €2,572,033 | +€3,390 | +0.1% |
| Plant, machinery and equipment | 23 | €42,486 | €63,673 | +€21,187 | +49.9% |
| Financial fixed assets | 28 | €13,499 | €13,499 | = | 0.0% |
| Current assets | 29/58 | €97,030 | €90,158 | -€6,872 | -7.1% |
| Amounts receivable within one year | 40/41 | €81,523 | €85,349 | +€3,825 | +4.7% |
| Trade receivables | 40 | €81,523 | €79,486 | -€2,038 | -2.5% |
| Other amounts receivable | 41 | - | €5,863 | +€5,863 | |
| Cash at bank and in hand | 54/58 | €11,960 | €4,809 | -€7,151 | -59.8% |
| Deferred charges and accrued income | 490/1 | €3,547 | - | -€3,547 | |
| Total equity and liabilities | 10/49 | €2,721,659 | €2,739,362 | +€17,704 | +0.7% |
| Equity | 10/15 | -€2,055,748 | -€2,406,115 | -€350,367 | -17.0% |
| Contributions | 10/11 | €159,709 | €159,709 | = | 0.0% |
| Capital | 10 | €159,709 | €159,709 | = | 0.0% |
| Issued capital | 100 | €159,709 | €159,709 | = | 0.0% |
| Reserves | 13 | €33,826 | €33,826 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,415 | €7,415 | = | 0.0% |
| Legal reserve | 130 | €7,415 | €7,415 | = | 0.0% |
| Distributable reserves | 133 | €26,412 | €26,412 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,249,283 | -€2,599,650 | -€350,367 | -15.6% |
| Amounts payable | 17/49 | €4,777,407 | €5,145,477 | +€368,071 | +7.7% |
| Amounts payable within one year | 42/48 | €4,777,407 | €5,145,477 | +€368,071 | +7.7% |
| Trade debts | 44 | €6,343 | €6,518 | +€175 | +2.8% |
| Suppliers | 440/4 | €6,343 | €6,518 | +€175 | +2.8% |
| Taxes, remuneration and social security | 45 | €4,739 | €2,623 | -€2,116 | -44.6% |
| Taxes | 450/3 | €4,739 | €2,623 | -€2,116 | -44.6% |
| Other amounts payable | 47/48 | €4,766,324 | €5,136,336 | +€370,012 | +7.8% |
| Remuneration, social security and pensions | 62 | €23,715 | €36,009 | +€12,293 | +51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,157 | €104,558 | -€2,599 | -2.4% |
| Other operating charges | 640/8 | €13,344 | €11,011 | -€2,333 | -17.5% |
| Gross operating margin | 9900 | €9,220 | -€54,553 | -€63,773 | |
| Operating profit (loss) | 9901 | -€134,996 | -€206,131 | -€71,135 | -52.7% |
| Financial income | 75/76B | €209 | - | -€209 | |
| Recurring financial income | 75 | €209 | - | -€209 | |
| Financial charges | 65/66B | €136,311 | €144,236 | +€7,925 | +5.8% |
| Recurring financial charges | 65 | €136,311 | €144,236 | +€7,925 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | -€271,098 | -€350,367 | -€79,269 | -29.2% |
| Profit (loss) for the period | 9904 | -€271,098 | -€350,367 | -€79,269 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€271,098 | -€350,367 | -€79,269 | -29.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.