Orange Elixir Records (0733.682.264): financials and annual accounts

Orange Elixir Records

Olen ·KBO/BCE: BE 0733.682.264

Line	2024	2023	2022	2021	2020
Balance sheet: assets
Total assets`20/58`	29,469	57,818	74,667	31,613	47,019
Fixed assets`21/28`	15,302	34,437	49,745	23,958	31,722
Intangible fixed assets`21`	825	1,185	1,546	-	-
Tangible fixed assets`22/27`	14,477	33,252	48,199	23,958	31,722
Plant, machinery and equipment`23`	11,314	29,586	42,950	20,180	28,285
Furniture and vehicles`24`	3,163	3,666	5,249	3,778	3,437
Current assets`29/58`	14,167	23,380	24,922	7,655	15,297
Amounts receivable within one year`40/41`	14,167	23,071	24,333	7,069	13,126
Trade receivables`40`	14,167	23,071	24,333	6,576	13,126
Other amounts receivable`41`	-	-	-	493	-
Cash at bank and in hand`54/58`	-	-	8	60	4
Deferred charges and accrued income`490/1`	-	309	580	526	2,167
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	29,469	57,818	74,667	31,613	47,019
Equity`10/15`	-94,621	-85,518	-15,578	18,019	20,612
Contributions`10/11`	15,000	15,000	15,000	15,000	15,000
Profit (loss) carried forward`14`	-109,621	-100,518	-30,578	3,019	5,612
Amounts payable`17/49`	124,090	143,335	90,244	13,594	26,407
Amounts payable after more than one year`17`	10,000	10,000	10,000	-	-
Financial debts`170/4`	10,000	10,000	10,000	-	-
Amounts payable within one year`42/48`	113,891	132,944	79,877	13,594	26,407
Financial debts`43`	5,942	6,219	5,855	-	-
Credit institutions`430/8`	5,942	6,219	5,855	-	-
Trade debts`44`	23,373	26,054	34,880	10,221	2,639
Suppliers`440/4`	23,373	26,054	34,880	10,221	2,639
Taxes, remuneration and social security`45`	33,278	47,146	17,005	3,373	5,444
Taxes`450/3`	28,986	23,102	12,060	3,373	3,383
Remuneration and social security`454/9`	4,292	24,043	4,945	-	2,061
Other amounts payable`47/48`	51,297	53,525	22,137	-	18,325
Accrued charges and deferred income`492/3`	199	392	367	-	-
Income statement
Non-recurring operating income`76A`	6,436	2,740	-	-	-
Gross operating margin`9900`	22,949	-6,544	3,265	12,054	23,761
Remuneration, social security and pensions`62`	15,485	43,040	19,110	-	524
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	8,311	12,730	14,429	13,335	14,596
Other operating charges`640/8`	1,279	1,793	1,330	306	604
Non-recurring operating charges`66A`	4,311	2,570	-	-	-
Operating profit (loss)`9901`	-6,438	-66,677	-31,604	-1,586	8,037
Financial income`75/76B`	19	21	66	1	-
Recurring financial income`75`	19	21	66	1	-
Financial charges`65/66B`	2,685	3,083	1,871	1,008	933
Recurring financial charges`65`	2,685	3,083	1,871	1,008	933
Profit (loss) for the period before taxes`9903`	-9,103	-69,739	-33,408	-2,593	7,104
Income taxes`67/77`	-	202	188	-1	1,493
Profit (loss) for the period`9904`	-9,103	-69,940	-33,596	-2,593	5,612
Profit (loss) for the period to be appropriated`9905`	-9,103	-69,940	-33,596	-2,593	5,612
Appropriation of the result
Profit (loss) to be appropriated`9906`	-109,621	-100,518	-30,578	3,019	5,612
Profit (loss) brought forward from the previous period`14P`	-100,518	-30,578	3,019	5,612	-
Social balance sheet
Average staff (FTE)`9087`	0.7	2.5	1.5	-	-
Hours worked`1013`	184	1,193	682	-	-
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	30-10-2025	2025-00561631	PDF
31-12-2023	micro format	16-10-2024	2024-00510143	PDF
31-12-2022	micro format	14-02-2024	2024-00030702	PDF
31-12-2021	micro format	30-10-2022	2022-20482035	PDF
31-12-2020	micro format	30-06-2021	2021-28500408	PDF

Year	Entries	Awarded	Paid
2025	3	€3,768	€3,768
2024	1	€4,862	€4,862
2023	2	€45,269	€4,669
2022	1	€4,235	€4,235

Line	2024	2023	2022	2021	2020
EBITDA	1,874	-53,947	-17,175	11,748	22,633
Cash flow	-792	-57,211	-19,168	10,742	20,207
Investment in fixed assets	3,944	2,730	40,215	5,571	46,318
Change in cash	-	-	-52	56	-
Working capital	-99,724	-109,563	-54,956	-5,939	-11,110
Solvency	-321.1%	-147.9%	-20.9%	57.0%	43.8%
Current ratio	0.12	0.18	0.31	0.56	0.58
Debt to equity	-	-	-	0.75	1.28
ROE	-	-	-	-14.4%	27.2%
ROA	-30.9%	-121.0%	-45.0%	-8.2%	11.9%
Interest coverage	0.70	-17.50	-9.18	11.65	-

Item	31-12-2024	31-12-2023	31-12-2022
Employees at the balance-sheet date	1	-	2
part-time	1	-	2
in full-time equivalents	0.6	-	0.9
Average over the year, in full-time equivalents	0.4	1.1	0.8
On a permanent contract	-	-	1
Joined	1	3	3
Left	0	5	1

Orange Elixir Records

Annual accounts 2024

Balance sheet

Change in equityin euro

Change in cash

Position in the sector

Solvency-321.1%

Current ratio0.12

Return on assets-30.9%

Staff

Staff cost per FTE€22,121

Joined and left+1

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 7 entries, €58,134 awarded, €17,534 paid

Key figures and ratios

Social balance sheet

Investments

Insights on Orange Elixir Records

Next steps

Item	2024	2023	2022	2021
Tangible fixed assets	€3,944	€2,730	€38,412	€5,571
Intangible fixed assets	-	-	€1,803	-
Depreciation and write-downs of the year	€8,311	€12,730	€14,429	€13,335