AC ORCHIDEA: what changed
Two fiscal 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.
AC ORCHIDEA
Largest movements
- Cash +€59,353
up €59,353 (+73.5%), from €80,778 to €140,131
mainly Debts after one year (+€130,262) and Depreciation (+€109,932)
- Tangible fixed assets +€22,779
up €22,779 (+7.1%), from €321,908 to €344,687
of which Leasing and similar rights: +€78,546
- Receivables within one year -€9,470
down €9,470 (-36.5%), from €25,970 to €16,500
of which Other amounts receivable: -€14,623
- Debts after one year +€130,262
up €130,262 (+149.2%), from €87,332 to €217,594
- Reserves +€89,624
new in 2025: €89,624
of which Distributable reserves: +€89,624
- Short-term financial debts -€77,501
down €77,501 (-43.0%), from €180,124 to €102,623
of which Other loans: -€111,739
- Profit (loss) carried forward -€66,806
down €66,806 (-69.5%), from €96,181 to €29,375
- Accrued charges and deferred income -€9,220
down €9,220 (-76.9%), from €11,995 to €2,775
- Gross operating margin -€321,257
down €321,257 (-50.2%), from €639,495 to €318,238
- Staff costs -€160,128
down €160,128 (-51.6%), from €310,098 to €149,970
- Depreciation -€61,762
down €61,762 (-36.0%), from €171,694 to €109,932
- Taxes -€23,101
down €23,101 (-68.9%), from €33,508 to €10,407
- Financial charges -€9,824
down €9,824 (-50.5%), from €19,459 to €9,635
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 | €447,689 | €519,131 | +€71,442 | +16.0% |
| Fixed assets | 21/28 | €322,113 | €344,892 | +€22,779 | +7.1% |
| Tangible fixed assets | 22/27 | €321,908 | €344,687 | +€22,779 | +7.1% |
| Plant, machinery and equipment | 23 | €163,937 | €124,707 | -€39,230 | -23.9% |
| Furniture and vehicles | 24 | €119,471 | €102,934 | -€16,537 | -13.8% |
| Leasing and similar rights | 25 | €38,500 | €117,046 | +€78,546 | +204.0% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €125,576 | €174,239 | +€48,663 | +38.8% |
| Stocks and contracts in progress | 3 | €16,332 | €17,254 | +€922 | +5.6% |
| Stocks | 30/36 | €16,332 | €17,254 | +€922 | +5.6% |
| Amounts receivable within one year | 40/41 | €25,970 | €16,500 | -€9,470 | -36.5% |
| Trade receivables | 40 | €347 | €5,500 | +€5,153 | +1485.0% |
| Other amounts receivable | 41 | €25,623 | €11,000 | -€14,623 | -57.1% |
| Cash at bank and in hand | 54/58 | €80,778 | €140,131 | +€59,353 | +73.5% |
| Deferred charges and accrued income | 490/1 | €2,496 | €354 | -€2,142 | -85.8% |
| Total equity and liabilities | 10/49 | €447,689 | €519,131 | +€71,442 | +16.0% |
| Equity | 10/15 | €101,181 | €123,999 | +€22,818 | +22.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €89,624 | +€89,624 | |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Legal reserve | 130 | - | €0 | = | |
| Distributable reserves | 133 | - | €89,624 | +€89,624 | |
| Profit (loss) carried forward | 14 | €96,181 | €29,375 | -€66,806 | -69.5% |
| Amounts payable | 17/49 | €346,508 | €395,132 | +€48,624 | +14.0% |
| Amounts payable after more than one year | 17 | €87,332 | €217,594 | +€130,262 | +149.2% |
| Financial debts | 170/4 | €87,332 | €217,594 | +€130,262 | +149.2% |
| Amounts payable within one year | 42/48 | €247,181 | €174,763 | -€72,418 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €180,124 | €102,623 | -€77,501 | -43.0% |
| Credit institutions | 430/8 | €29,442 | €63,680 | +€34,238 | +116.3% |
| Other loans | 439 | €150,682 | €38,943 | -€111,739 | -74.2% |
| Trade debts | 44 | €17,445 | €26,494 | +€9,049 | +51.9% |
| Suppliers | 440/4 | €17,445 | €26,494 | +€9,049 | +51.9% |
| Taxes, remuneration and social security | 45 | €49,612 | €45,646 | -€3,966 | -8.0% |
| Taxes | 450/3 | €42,564 | €30,107 | -€12,457 | -29.3% |
| Remuneration and social security | 454/9 | €7,048 | €15,539 | +€8,491 | +120.5% |
| Accrued charges and deferred income | 492/3 | €11,995 | €2,775 | -€9,220 | -76.9% |
| Remuneration, social security and pensions | 62 | €310,098 | €149,970 | -€160,128 | -51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,694 | €109,932 | -€61,762 | -36.0% |
| Other operating charges | 640/8 | €8,555 | €9,550 | +€995 | +11.6% |
| Gross operating margin | 9900 | €639,495 | €318,238 | -€321,257 | -50.2% |
| Operating profit (loss) | 9901 | €149,148 | €48,786 | -€100,362 | -67.3% |
| Financial income | 75/76B | - | €631 | +€631 | |
| Recurring financial income | 75 | - | €631 | +€631 | |
| Financial charges | 65/66B | €19,459 | €9,635 | -€9,824 | -50.5% |
| Recurring financial charges | 65 | €19,459 | €9,635 | -€9,824 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | €129,689 | €39,782 | -€89,907 | -69.3% |
| Income taxes | 67/77 | €33,508 | €10,407 | -€23,101 | -68.9% |
| Profit (loss) for the period | 9904 | €96,181 | €29,375 | -€66,806 | -69.5% |
| Transfer from tax-exempt reserves | 789 | - | €89,624 | +€89,624 | |
| Profit (loss) for the period to be appropriated | 9905 | €96,181 | €118,999 | +€22,818 | +23.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.