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ODTEC: 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.

What changed

ODTEC

BE 0808.657.425
NACE 47.120, Other non-specialised retail sale
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€33,236
2024 · €4,629+€28,607
Equity
€161,072
2024 · €127,836+€33,236
Cash
€105,229
2024 · €113,507-€8,278
Balance sheet total
€214,865
2024 · €245,670-€30,806

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€19,507

    down €19,507 (-30.9%), from €63,047 to €43,540

    of which Plant, machinery and equipment: -€17,857

  • Stocks and contracts -€14,506

    down €14,506 (-23.0%), from €63,099 to €48,593

  • Receivables within one year +€11,485

    up €11,485 (+381%), from €3,017 to €14,502

    of which Trade receivables: +€13,009

  • Cash -€8,278

    down €8,278 (-7.3%), from €113,507 to €105,229

    mainly Debts after one year (-€45,178) and Investment in fixed assets (net) (-€18,112)

Equity and liabilities
  • Debts after one year -€45,178

    down €45,178 (-78.1%), from €57,824 to €12,646

    of which Other amounts payable: -€40,000

  • Reserves +€33,236

    up €33,236 (+718%), from €4,629 to €37,866

  • Other debts -€13,635

    down €13,635 (-65.0%), from €20,988 to €7,353

  • Trade debts -€9,758

    down €9,758 (-76.0%), from €12,833 to €3,075

  • Tax, wage and social debts +€4,276

    up €4,276 (+20.1%), from €21,264 to €25,540

Income statement
  • Gross operating margin +€49,606

    up €49,606 (+105%), from €47,071 to €96,677

  • Taxes +€18,175

    up €18,175 (+854%), from €2,128 to €20,303

  • Financial charges +€2,136

    up €2,136 (+95.2%), from €2,243 to €4,379

    of which Financial charges: +€2,136

  • Depreciation +€1,639

    up €1,639 (+4.6%), from €35,979 to €37,618

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €4,629
Gross operating margin +€49,606
Depreciation -€1,639
Other operating charges +€125
Financial income +€825
Financial charges -€2,136
Taxes -€18,175
Result 2025 €33,236
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€54,759
Investment -€18,112
Financing -€44,925
Cash 2024 €113,507
Net result for the year +€33,236
Depreciation +€37,618
Stocks and contracts +€14,506
Receivables within one year -€11,485
Trade debts -€9,758
Tax, wage and social debts +€4,276
Other debts -€13,635
Investment in fixed assets (net) -€18,112
Debts after one year -€45,178
Current portion of long-term debt +€253
Cash 2025 €105,229
brings cash intakes cash out
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €245,670 €214,865 -€30,806 -12.5%
Fixed assets 21/28 €66,047 €46,540 -€19,507 -29.5%
Tangible fixed assets 22/27 €63,047 €43,540 -€19,507 -30.9%
Land and buildings 22 €1,188 - -€1,188
Plant, machinery and equipment 23 €61,397 €43,540 -€17,857 -29.1%
Furniture and vehicles 24 €462 - -€462
Financial fixed assets 28 €3,000 €3,000 = 0.0%
Current assets 29/58 €179,624 €168,325 -€11,299 -6.3%
Stocks and contracts in progress 3 €63,099 €48,593 -€14,506 -23.0%
Stocks 30/36 €63,099 €48,593 -€14,506 -23.0%
Amounts receivable within one year 40/41 €3,017 €14,502 +€11,485 +381%
Trade receivables 40 €1,493 €14,502 +€13,009 +872%
Other amounts receivable 41 €1,524 - -€1,524
Cash at bank and in hand 54/58 €113,507 €105,229 -€8,278 -7.3%
Total equity and liabilities 10/49 €245,670 €214,865 -€30,806 -12.5%
Equity 10/15 €127,836 €161,072 +€33,236 +26.0%
Contributions 10/11 €2,860 €2,860 = 0.0%
Capital 10 €2,860 €2,860 = 0.0%
Issued capital 100 €2,860 €2,860 = 0.0%
Reserves 13 €4,629 €37,866 +€33,236 +718%
Distributable reserves 133 €4,629 €37,866 +€33,236 +718%
Profit (loss) carried forward 14 €120,346 €120,346 = 0.0%
Amounts payable 17/49 €117,835 €53,793 -€64,042 -54.3%
Amounts payable after more than one year 17 €57,824 €12,646 -€45,178 -78.1%
Financial debts 170/4 €17,824 €12,646 -€5,178 -29.1%
Other amounts payable 178/9 €40,000 - -€40,000
Amounts payable within one year 42/48 €60,010 €41,147 -€18,863 -31.4%
Current portion of amounts payable after more than one year 42 €4,925 €5,178 +€253 +5.1%
Trade debts 44 €12,833 €3,075 -€9,758 -76.0%
Suppliers 440/4 €12,833 €3,075 -€9,758 -76.0%
Taxes, remuneration and social security 45 €21,264 €25,540 +€4,276 +20.1%
Taxes 450/3 €21,264 €25,540 +€4,276 +20.1%
Other amounts payable 47/48 €20,988 €7,353 -€13,635 -65.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €35,979 €37,618 +€1,639 +4.6%
Other operating charges 640/8 €2,307 €2,182 -€125 -5.4%
Gross operating margin 9900 €47,071 €96,677 +€49,606 +105%
Operating profit (loss) 9901 €8,785 €56,877 +€48,092 +547%
Financial income 75/76B €217 €1,042 +€825 +381%
Recurring financial income 75 €217 €1,042 +€825 +381%
Financial charges 65/66B €2,243 €4,379 +€2,136 +95.2%
Recurring financial charges 65 €2,243 €4,379 +€2,136 +95.3%
Non-recurring financial charges 66B €1 - -€1
Profit (loss) for the period before taxes 9903 €6,758 €53,539 +€46,782 +692%
Income taxes 67/77 €2,128 €20,303 +€18,175 +854%
Profit (loss) for the period 9904 €4,629 €33,236 +€28,607 +618%
Profit (loss) for the period to be appropriated 9905 €4,629 €33,236 +€28,607 +618%

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 30 October 2026 via checked.be.