ODONATI: what changed
ODONATI
Largest movements
- Cash +€58,127
up €58,127 (+2,913%), from €1,996 to €60,122
mainly Net result for the year (+€49,851) and Tax, wage and social debts (+€25,645)
- Tangible fixed assets +€29,873
up €29,873 (+2,810%), from €1,063 to €30,936
of which Leasing and similar rights: +€27,439
- Receivables within one year +€19,393
up €19,393 (+81.0%), from €23,956 to €43,349
of which Other amounts receivable: +€21,985
- Profit (loss) carried forward +€49,851
up €49,851 (+1,172%), from €4,252 to €54,103
- Tax, wage and social debts +€25,645
up €25,645 (+668%), from €3,839 to €29,483
- Debts after one year +€19,341
new in 2025: €19,341
- Trade debts +€7,939
up €7,939 (+14,689%), from €54 to €7,993
- Current portion of long-term debt +€5,406
new in 2025: €5,406
- Gross operating margin +€52,190
up €52,190 (+251%), from €20,790 to €72,980
- Taxes +€13,667
up €13,667 (+1,411%), from €969 to €14,636
- Depreciation +€7,249
up €7,249 (+1,266%), from €573 to €7,821
- Financial charges +€1,213
up €1,213 (+2,244%), from €54 to €1,267
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,144 | €135,327 | +€108,183 | +399% |
| Fixed assets | 21/28 | €1,193 | €30,966 | +€29,773 | +2,496% |
| Intangible fixed assets | 21 | €130 | €30 | -€100 | -77.2% |
| Tangible fixed assets | 22/27 | €1,063 | €30,936 | +€29,873 | +2,810% |
| Furniture and vehicles | 24 | €1,063 | €3,498 | +€2,435 | +229% |
| Leasing and similar rights | 25 | - | €27,439 | +€27,439 | |
| Current assets | 29/58 | €25,952 | €104,361 | +€78,410 | +302% |
| Amounts receivable within one year | 40/41 | €23,956 | €43,349 | +€19,393 | +81.0% |
| Trade receivables | 40 | €23,956 | €21,364 | -€2,592 | -10.8% |
| Other amounts receivable | 41 | - | €21,985 | +€21,985 | |
| Cash at bank and in hand | 54/58 | €1,996 | €60,122 | +€58,127 | +2,913% |
| Deferred charges and accrued income | 490/1 | - | €890 | +€890 | |
| Total equity and liabilities | 10/49 | €27,144 | €135,327 | +€108,183 | +399% |
| Equity | 10/15 | €23,252 | €73,103 | +€49,851 | +214% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,252 | €54,103 | +€49,851 | +1,172% |
| Amounts payable | 17/49 | €3,893 | €62,224 | +€58,331 | +1,499% |
| Amounts payable after more than one year | 17 | - | €19,341 | +€19,341 | |
| Financial debts | 170/4 | - | €19,341 | +€19,341 | |
| Amounts payable within one year | 42/48 | €3,893 | €42,883 | +€38,991 | +1,002% |
| Current portion of amounts payable after more than one year | 42 | - | €5,406 | +€5,406 | |
| Trade debts | 44 | €54 | €7,993 | +€7,939 | +14,689% |
| Suppliers | 440/4 | €54 | €7,993 | +€7,939 | +14,689% |
| Taxes, remuneration and social security | 45 | €3,839 | €29,483 | +€25,645 | +668% |
| Taxes | 450/3 | €3,839 | €29,483 | +€25,645 | +668% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573 | €7,821 | +€7,249 | +1,266% |
| Non-recurring operating charges | 66A | €9,695 | - | -€9,695 | |
| Gross operating margin | 9900 | €20,790 | €72,980 | +€52,190 | +251% |
| Operating profit (loss) | 9901 | €10,522 | €65,158 | +€54,636 | +519% |
| Financial income | 75/76B | - | €596 | +€596 | |
| Recurring financial income | 75 | - | €596 | +€596 | |
| Financial charges | 65/66B | €54 | €1,267 | +€1,213 | +2,244% |
| Recurring financial charges | 65 | €54 | €1,267 | +€1,213 | +2,244% |
| Profit (loss) for the period before taxes | 9903 | €10,468 | €64,487 | +€54,019 | +516% |
| Income taxes | 67/77 | €969 | €14,636 | +€13,667 | +1,411% |
| Profit (loss) for the period | 9904 | €9,500 | €49,851 | +€40,351 | +425% |
| Profit (loss) for the period to be appropriated | 9905 | €9,500 | €49,851 | +€40,351 | +425% |
Next steps
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 1 November 2026 via checked.be.