AG ORL: what changed
AG ORL
Largest movements
- Tangible fixed assets -€12,429
down €12,429 (-19.1%), from €65,183 to €52,753
of which Furniture and vehicles: -€7,820
- Profit (loss) carried forward -€7,468
down €7,468 (-50.9%), from -€14,664 to -€22,132
- Other debts -€4,741
down €4,741 (-5.8%), from €81,233 to €76,492
- Gross operating margin +€13,821
up €13,821, from -€6,033 to €7,788
- Depreciation +€2,831
up €2,831 (+29.5%), from €9,598 to €12,429
- Financial charges +€1,077
up €1,077 (+133%), from €811 to €1,888
- Taxes +€752
no longer reported in 2025 (was -€752)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,992 | €56,830 | -€12,162 | -17.6% |
| Fixed assets | 21/28 | €65,183 | €52,753 | -€12,429 | -19.1% |
| Tangible fixed assets | 22/27 | €65,183 | €52,753 | -€12,429 | -19.1% |
| Plant, machinery and equipment | 23 | €44,315 | €39,706 | -€4,609 | -10.4% |
| Furniture and vehicles | 24 | €20,868 | €13,048 | -€7,820 | -37.5% |
| Current assets | 29/58 | €3,809 | €4,076 | +€267 | +7.0% |
| Amounts receivable within one year | 40/41 | - | €5 | +€5 | |
| Trade receivables | 40 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €3,809 | €4,071 | +€262 | +6.9% |
| Total equity and liabilities | 10/49 | €68,992 | €56,830 | -€12,162 | -17.6% |
| Equity | 10/15 | -€12,664 | -€20,132 | -€7,468 | -59.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,664 | -€22,132 | -€7,468 | -50.9% |
| Amounts payable | 17/49 | €81,656 | €76,961 | -€4,695 | -5.7% |
| Amounts payable within one year | 42/48 | €81,656 | €76,961 | -€4,695 | -5.7% |
| Trade debts | 44 | €424 | €470 | +€46 | +10.9% |
| Suppliers | 440/4 | €424 | €470 | +€46 | +10.9% |
| Other amounts payable | 47/48 | €81,233 | €76,492 | -€4,741 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,598 | €12,429 | +€2,831 | +29.5% |
| Other operating charges | 640/8 | €916 | €939 | +€23 | +2.5% |
| Gross operating margin | 9900 | -€6,033 | €7,788 | +€13,821 | |
| Operating profit (loss) | 9901 | -€16,547 | -€5,580 | +€10,967 | +66.3% |
| Financial charges | 65/66B | €811 | €1,888 | +€1,077 | +133% |
| Recurring financial charges | 65 | €811 | €1,888 | +€1,077 | +133% |
| Profit (loss) for the period before taxes | 9903 | -€17,358 | -€7,468 | +€9,890 | +57.0% |
| Income taxes | 67/77 | -€752 | - | +€752 | |
| Profit (loss) for the period | 9904 | -€16,605 | -€7,468 | +€9,138 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,605 | -€7,468 | +€9,138 | +55.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.