Dr. Orban: 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.
Dr. Orban
Largest movements
- Cash +€50,284
up €50,284 (+86.1%), from €58,409 to €108,693
mainly Net result for the year (+€81,726) and Current investments (+€40,000)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Receivables within one year +€1,358
up €1,358 (+128%), from €1,062 to €2,420
- Other debts -€86,458
down €86,458 (-79.2%), from €109,211 to €22,753
- Profit (loss) carried forward +€81,726
new in 2025: €81,726
- Tax, wage and social debts -€10,830
down €10,830 (-95.2%), from €11,380 to €550
- Trade debts +€2,304
up €2,304 (+196%), from €1,175 to €3,479
- Gross operating margin +€13,616
up €13,616 (+14.2%), from €95,559 to €109,175
- Taxes +€3,073
up €3,073 (+12.5%), from €24,507 to €27,580
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 | €125,766 | €112,508 | -€13,258 | -10.5% |
| Current assets | 29/58 | €125,766 | €112,508 | -€13,258 | -10.5% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €1,062 | €2,420 | +€1,358 | +128% |
| Other amounts receivable | 41 | €1,062 | €2,420 | +€1,358 | +128% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €58,409 | €108,693 | +€50,284 | +86.1% |
| Deferred charges and accrued income | 490/1 | €1,295 | €1,395 | +€99 | +7.7% |
| Total equity and liabilities | 10/49 | €125,766 | €112,508 | -€13,258 | -10.5% |
| Equity | 10/15 | €4,000 | €85,726 | +€81,726 | +2,043% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €81,726 | +€81,726 | |
| Amounts payable | 17/49 | €121,766 | €26,782 | -€94,984 | -78.0% |
| Amounts payable within one year | 42/48 | €121,766 | €26,782 | -€94,984 | -78.0% |
| Trade debts | 44 | €1,175 | €3,479 | +€2,304 | +196% |
| Suppliers | 440/4 | €1,175 | €3,479 | +€2,304 | +196% |
| Taxes, remuneration and social security | 45 | €11,380 | €550 | -€10,830 | -95.2% |
| Taxes | 450/3 | €11,380 | €550 | -€10,830 | -95.2% |
| Other amounts payable | 47/48 | €109,211 | €22,753 | -€86,458 | -79.2% |
| Other operating charges | 640/8 | - | €79 | +€79 | |
| Gross operating margin | 9900 | €95,559 | €109,175 | +€13,616 | +14.2% |
| Operating profit (loss) | 9901 | €95,559 | €109,096 | +€13,537 | +14.2% |
| Financial income | 75/76B | €1,596 | €691 | -€905 | -56.7% |
| Recurring financial income | 75 | €1,596 | €691 | -€905 | -56.7% |
| Financial charges | 65/66B | €449 | €481 | +€32 | +7.2% |
| Recurring financial charges | 65 | €449 | €481 | +€32 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €96,706 | €109,306 | +€12,600 | +13.0% |
| Income taxes | 67/77 | €24,507 | €27,580 | +€3,073 | +12.5% |
| Profit (loss) for the period | 9904 | €72,199 | €81,726 | +€9,527 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,199 | €81,726 | +€9,527 | +13.2% |
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 17 October 2026 via checked.be.