SRL ODEXCO: 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.
SRL ODEXCO
Largest movements
- Current investments +€175,000
new in 2025: €175,000
- Cash -€124,698
down €124,698 (-64.9%), from €192,056 to €67,358
mainly Current investments (-€175,000) and Other debts (-€18,866)
- Tangible fixed assets -€12,351
down €12,351 (-78.3%), from €15,768 to €3,417
of which Furniture and vehicles: -€14,270
- Reserves +€55,754
up €55,754 (+32.0%), from €173,995 to €229,748
of which Distributable reserves: +€55,754
- Other debts -€18,866
down €18,866 (-51.3%), from €36,798 to €17,932
- Depreciation -€4,974
down €4,974 (-66.5%), from €7,477 to €2,504
- Gross operating margin -€1,096
down €1,096 (-1.4%), from €80,718 to €79,621
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 | €226,037 | €263,220 | +€37,183 | +16.5% |
| Fixed assets | 21/28 | €15,768 | €3,417 | -€12,351 | -78.3% |
| Tangible fixed assets | 22/27 | €15,768 | €3,417 | -€12,351 | -78.3% |
| Plant, machinery and equipment | 23 | - | €1,919 | +€1,919 | |
| Furniture and vehicles | 24 | €15,768 | €1,499 | -€14,270 | -90.5% |
| Current assets | 29/58 | €210,269 | €259,803 | +€49,534 | +23.6% |
| Amounts receivable within one year | 40/41 | €15,824 | €14,885 | -€939 | -5.9% |
| Trade receivables | 40 | €15,757 | €14,852 | -€906 | -5.7% |
| Other amounts receivable | 41 | €66 | €33 | -€33 | -49.7% |
| Current investments | 50/53 | - | €175,000 | +€175,000 | |
| Cash at bank and in hand | 54/58 | €192,056 | €67,358 | -€124,698 | -64.9% |
| Deferred charges and accrued income | 490/1 | €2,389 | €2,560 | +€171 | +7.2% |
| Total equity and liabilities | 10/49 | €226,037 | €263,220 | +€37,183 | +16.5% |
| Equity | 10/15 | €176,495 | €232,248 | +€55,754 | +31.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €173,995 | €229,748 | +€55,754 | +32.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €173,745 | €229,498 | +€55,754 | +32.1% |
| Amounts payable | 17/49 | €49,542 | €30,972 | -€18,571 | -37.5% |
| Amounts payable within one year | 42/48 | €49,542 | €30,972 | -€18,571 | -37.5% |
| Trade debts | 44 | €630 | €873 | +€242 | +38.4% |
| Suppliers | 440/4 | €630 | €873 | +€242 | +38.4% |
| Taxes, remuneration and social security | 45 | €12,114 | €12,167 | +€53 | +0.4% |
| Taxes | 450/3 | €12,114 | €12,167 | +€53 | +0.4% |
| Other amounts payable | 47/48 | €36,798 | €17,932 | -€18,866 | -51.3% |
| Non-recurring operating income | 76A | - | €4,079 | +€4,079 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,477 | €2,504 | -€4,974 | -66.5% |
| Other operating charges | 640/8 | €662 | €501 | -€160 | -24.3% |
| Gross operating margin | 9900 | €80,718 | €79,621 | -€1,096 | -1.4% |
| Operating profit (loss) | 9901 | €72,578 | €76,617 | +€4,038 | +5.6% |
| Financial income | 75/76B | €4,491 | €4,451 | -€40 | -0.9% |
| Recurring financial income | 75 | €4,491 | €4,451 | -€40 | -0.9% |
| Financial charges | 65/66B | €2,606 | €3,194 | +€588 | +22.6% |
| Recurring financial charges | 65 | €2,606 | €3,194 | +€588 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €74,464 | €77,873 | +€3,410 | +4.6% |
| Income taxes | 67/77 | €21,298 | €21,287 | -€11 | -0.1% |
| Profit (loss) for the period | 9904 | €53,166 | €56,587 | +€3,421 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,166 | €56,587 | +€3,421 | +6.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.