DR. ORIS ELS: 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. ORIS ELS
Largest movements
- Receivables within one year +€876,995
up €876,995 (+5771.6%), from €15,195 to €892,191
of which Other amounts receivable: +€876,995
- Cash -€279,162
down €279,162 (-48.1%), from €580,099 to €300,937
mainly Receivables within one year (-€876,995) and Tax, wage and social debts (-€77,626)
- Reserves +€679,140
up €679,140 (+16.8%), from €4.0m to €4.7m
of which Distributable reserves: +€679,140
- Tax, wage and social debts -€77,626
down €77,626 (-88.1%), from €88,126 to €10,500
of which Taxes: -€81,626
- Gross operating margin -€1.3m
down €1.3m (-66.1%), from €2.0m to €672,967
- Taxes -€309,531
down €309,531 (-50.2%), from €616,839 to €307,308
- Financial income +€298,561
up €298,561 (+526.9%), from €56,668 to €355,229
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 | €4,144,365 | €4,747,194 | +€602,829 | +14.5% |
| Fixed assets | 21/28 | €593,918 | €561,353 | -€32,565 | -5.5% |
| Tangible fixed assets | 22/27 | €593,418 | €560,853 | -€32,565 | -5.5% |
| Land and buildings | 22 | €562,534 | €536,007 | -€26,528 | -4.7% |
| Plant, machinery and equipment | 23 | €28,919 | €24,387 | -€4,531 | -15.7% |
| Furniture and vehicles | 24 | €1,965 | €460 | -€1,505 | -76.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €3,550,447 | €4,185,841 | +€635,394 | +17.9% |
| Amounts receivable within one year | 40/41 | €15,195 | €892,191 | +€876,995 | +5771.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €15,195 | €892,191 | +€876,995 | +5771.6% |
| Current investments | 50/53 | €2,954,384 | €2,992,713 | +€38,329 | +1.3% |
| Cash at bank and in hand | 54/58 | €580,099 | €300,937 | -€279,162 | -48.1% |
| Deferred charges and accrued income | 490/1 | €769 | €0 | -€769 | -100.0% |
| Total equity and liabilities | 10/49 | €4,144,365 | €4,747,194 | +€602,829 | +14.5% |
| Equity | 10/15 | €4,055,264 | €4,734,404 | +€679,140 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,036,664 | €4,715,804 | +€679,140 | +16.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,036,664 | €4,715,804 | +€679,140 | +16.8% |
| Amounts payable | 17/49 | €89,101 | €12,790 | -€76,311 | -85.6% |
| Amounts payable within one year | 42/48 | €89,097 | €12,790 | -€76,307 | -85.6% |
| Financial debts | 43 | €107 | €0 | -€107 | -100.0% |
| Credit institutions | 430/8 | €107 | €0 | -€107 | -100.0% |
| Trade debts | 44 | €864 | €2,290 | +€1,425 | +164.9% |
| Suppliers | 440/4 | €864 | €2,290 | +€1,425 | +164.9% |
| Taxes, remuneration and social security | 45 | €88,126 | €10,500 | -€77,626 | -88.1% |
| Taxes | 450/3 | €88,126 | €6,500 | -€81,626 | -92.6% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4 | €0 | -€4 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,012 | €32,565 | -€1,448 | -4.3% |
| Other operating charges | 640/8 | €2,838 | €8,979 | +€6,141 | +216.4% |
| Gross operating margin | 9900 | €1,987,175 | €672,967 | -€1.3m | -66.1% |
| Operating profit (loss) | 9901 | €1,950,325 | €631,423 | -€1.3m | -67.6% |
| Financial income | 75/76B | €56,668 | €355,229 | +€298,561 | +526.9% |
| Recurring financial income | 75 | €56,668 | €355,229 | +€298,561 | +526.9% |
| Financial charges | 65/66B | €564 | €204 | -€360 | -63.8% |
| Recurring financial charges | 65 | €564 | €204 | -€360 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €2,006,429 | €986,448 | -€1.0m | -50.8% |
| Income taxes | 67/77 | €616,839 | €307,308 | -€309,531 | -50.2% |
| Profit (loss) for the period | 9904 | €1,389,590 | €679,140 | -€710,450 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,389,590 | €679,140 | -€710,450 | -51.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.