OD CONCEPT: 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.
OD CONCEPT
Largest movements
- Receivables within one year +€18,856
up €18,856 (+198%), from €9,530 to €28,385
- Cash -€14,144
down €14,144 (-16.0%), from €88,350 to €74,206
mainly Receivables within one year (-€18,856) and Debts after one year (-€6,329)
- Tangible fixed assets -€5,435
down €5,435 (-15.3%), from €35,445 to €30,010
- Debts after one year -€6,329
down €6,329 (-45.1%), from €14,048 to €7,719
- Reserves +€3,316
up €3,316 (+81.1%), from €4,090 to €7,406
- Other debts +€2,085
up €2,085 (+2.5%), from €83,027 to €85,112
- Depreciation +€2,026
up €2,026 (+29.6%), from €6,840 to €8,865
- Gross operating margin +€301
up €301 (+2.2%), from €13,585 to €13,886
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 | €134,648 | €133,680 | -€968 | -0.7% |
| Fixed assets | 21/28 | €35,445 | €30,010 | -€5,435 | -15.3% |
| Tangible fixed assets | 22/27 | €35,445 | €30,010 | -€5,435 | -15.3% |
| Furniture and vehicles | 24 | €35,445 | €30,010 | -€5,435 | -15.3% |
| Current assets | 29/58 | €99,203 | €103,670 | +€4,467 | +4.5% |
| Amounts receivable within one year | 40/41 | €9,530 | €28,385 | +€18,856 | +198% |
| Trade receivables | 40 | €9,530 | €28,385 | +€18,856 | +198% |
| Cash at bank and in hand | 54/58 | €88,350 | €74,206 | -€14,144 | -16.0% |
| Deferred charges and accrued income | 490/1 | €1,323 | €1,078 | -€245 | -18.5% |
| Total equity and liabilities | 10/49 | €134,648 | €133,680 | -€968 | -0.7% |
| Equity | 10/15 | €22,692 | €26,009 | +€3,317 | +14.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,090 | €7,406 | +€3,316 | +81.1% |
| Distributable reserves | 133 | €4,090 | €7,406 | +€3,316 | +81.1% |
| Profit (loss) carried forward | 14 | €2 | €3 | +€1 | +21.5% |
| Amounts payable | 17/49 | €111,956 | €107,671 | -€4,285 | -3.8% |
| Amounts payable after more than one year | 17 | €14,048 | €7,719 | -€6,329 | -45.1% |
| Financial debts | 170/4 | €14,048 | €7,719 | -€6,329 | -45.1% |
| Amounts payable within one year | 42/48 | €97,908 | €99,871 | +€1,963 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €6,075 | €6,329 | +€254 | +4.2% |
| Trade debts | 44 | €3,602 | €3,528 | -€74 | -2.1% |
| Suppliers | 440/4 | €3,602 | €3,528 | -€74 | -2.1% |
| Taxes, remuneration and social security | 45 | €5,203 | €4,902 | -€301 | -5.8% |
| Taxes | 450/3 | €5,203 | €4,902 | -€301 | -5.8% |
| Other amounts payable | 47/48 | €83,027 | €85,112 | +€2,085 | +2.5% |
| Accrued charges and deferred income | 492/3 | - | €82 | +€82 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,840 | €8,865 | +€2,026 | +29.6% |
| Other operating charges | 640/8 | €450 | €400 | -€51 | -11.3% |
| Gross operating margin | 9900 | €13,585 | €13,886 | +€301 | +2.2% |
| Operating profit (loss) | 9901 | €6,295 | €4,621 | -€1,674 | -26.6% |
| Financial charges | 65/66B | €1,085 | €973 | -€112 | -10.3% |
| Recurring financial charges | 65 | €1,085 | €973 | -€112 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €5,210 | €3,648 | -€1,562 | -30.0% |
| Income taxes | 67/77 | €409 | €332 | -€77 | -18.9% |
| Profit (loss) for the period | 9904 | €4,801 | €3,317 | -€1,484 | -30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,801 | €3,317 | -€1,484 | -30.9% |
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 30 October 2026 via checked.be.