ODEXE: 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.
ODEXE
Largest movements
- Cash +€118,574
up €118,574 (+97.5%), from €121,617 to €240,191
mainly Net result for the year (+€107,413) and Receivables within one year (+€8,642)
- Receivables within one year -€8,642
down €8,642 (-25.7%), from €33,642 to €25,000
of which Trade receivables: -€8,642
- Profit (loss) carried forward +€107,413
up €107,413 (+65.6%), from €163,786 to €271,199
- Other debts +€4,813
up €4,813 (+1913.4%), from €252 to €5,065
- Gross operating margin -€5,245
down €5,245 (-3.7%), from €143,184 to €137,939
- Financial income +€2,467
up €2,467 (+499.1%), from €494 to €2,961
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.
Cash bridge derived
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 | €210,129 | €320,874 | +€110,745 | +52.7% |
| Fixed assets | 21/28 | €1,456 | €829 | -€628 | -43.1% |
| Tangible fixed assets | 22/27 | €1,456 | €829 | -€628 | -43.1% |
| Furniture and vehicles | 24 | €1,456 | €829 | -€628 | -43.1% |
| Current assets | 29/58 | €208,673 | €320,046 | +€111,373 | +53.4% |
| Amounts receivable within one year | 40/41 | €33,642 | €25,000 | -€8,642 | -25.7% |
| Trade receivables | 40 | €33,642 | €25,000 | -€8,642 | -25.7% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €121,617 | €240,191 | +€118,574 | +97.5% |
| Deferred charges and accrued income | 490/1 | €3,414 | €4,854 | +€1,440 | +42.2% |
| Total equity and liabilities | 10/49 | €210,129 | €320,874 | +€110,745 | +52.7% |
| Equity | 10/15 | €165,786 | €273,199 | +€107,413 | +64.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,786 | €271,199 | +€107,413 | +65.6% |
| Amounts payable | 17/49 | €44,344 | €47,676 | +€3,332 | +7.5% |
| Amounts payable within one year | 42/48 | €44,344 | €47,676 | +€3,332 | +7.5% |
| Trade debts | 44 | €268 | €273 | +€5 | +1.8% |
| Suppliers | 440/4 | €268 | €273 | +€5 | +1.8% |
| Taxes, remuneration and social security | 45 | €43,824 | €42,338 | -€1,486 | -3.4% |
| Taxes | 450/3 | €43,824 | €42,338 | -€1,486 | -3.4% |
| Other amounts payable | 47/48 | €252 | €5,065 | +€4,813 | +1913.4% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €427 | €628 | +€201 | +47.1% |
| Other operating charges | 640/8 | €167 | €577 | +€410 | +245.3% |
| Gross operating margin | 9900 | €143,184 | €137,939 | -€5,245 | -3.7% |
| Operating profit (loss) | 9901 | €142,590 | €136,735 | -€5,856 | -4.1% |
| Financial income | 75/76B | €494 | €2,961 | +€2,467 | +499.1% |
| Recurring financial income | 75 | €494 | €2,961 | +€2,467 | +499.1% |
| Financial charges | 65/66B | €1,179 | €755 | -€424 | -35.9% |
| Recurring financial charges | 65 | €1,179 | €755 | -€424 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €141,905 | €138,941 | -€2,965 | -2.1% |
| Income taxes | 67/77 | €32,430 | €31,528 | -€902 | -2.8% |
| Profit (loss) for the period | 9904 | €109,476 | €107,413 | -€2,062 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €109,476 | €107,413 | -€2,062 | -1.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.