EORPA: 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.
EORPA
Largest movements
- Receivables within one year +€39,446
up €39,446 (+82.7%), from €47,698 to €87,144
of which Other amounts receivable: +€20,318
- Tangible fixed assets +€20,116
up €20,116 (+768%), from €2,618 to €22,734
of which Other tangible fixed assets: +€19,240
- Cash +€8,757
up €8,757 (+13.2%), from €66,311 to €75,068
mainly Net result for the year (+€57,673) and Tax, wage and social debts (+€6,942)
- Reserves +€57,000
up €57,000 (+82.4%), from €69,163 to €126,163
of which Distributable reserves: +€57,000
- Tax, wage and social debts +€6,942
up €6,942 (+21.7%), from €32,010 to €38,952
- Trade debts +€3,968
up €3,968 (+107%), from €3,721 to €7,689
- Gross operating margin +€8,199
up €8,199 (+10.5%), from €77,863 to €86,062
- Taxes +€3,370
up €3,370 (+15.5%), from €21,784 to €25,154
- Financial income +€1,238
up €1,238 (+174%), from €713 to €1,951
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 | €116,860 | €185,296 | +€68,436 | +58.6% |
| Fixed assets | 21/28 | €2,618 | €22,734 | +€20,116 | +768% |
| Tangible fixed assets | 22/27 | €2,618 | €22,734 | +€20,116 | +768% |
| Furniture and vehicles | 24 | €213 | €1,089 | +€876 | +411% |
| Other tangible fixed assets | 26 | €2,405 | €21,646 | +€19,240 | +800% |
| Current assets | 29/58 | €114,242 | €162,561 | +€48,320 | +42.3% |
| Amounts receivable within one year | 40/41 | €47,698 | €87,144 | +€39,446 | +82.7% |
| Trade receivables | 40 | €35,844 | €54,972 | +€19,128 | +53.4% |
| Other amounts receivable | 41 | €11,853 | €32,172 | +€20,318 | +171% |
| Cash at bank and in hand | 54/58 | €66,311 | €75,068 | +€8,757 | +13.2% |
| Deferred charges and accrued income | 490/1 | €233 | €349 | +€117 | +50.2% |
| Total equity and liabilities | 10/49 | €116,860 | €185,296 | +€68,436 | +58.6% |
| Equity | 10/15 | €77,231 | €134,904 | +€57,673 | +74.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €69,163 | €126,163 | +€57,000 | +82.4% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €108 | €108 | = | 0.0% |
| Distributable reserves | 133 | €67,200 | €124,200 | +€57,000 | +84.8% |
| Profit (loss) carried forward | 14 | €1,869 | €2,541 | +€673 | +36.0% |
| Amounts payable | 17/49 | €39,628 | €50,391 | +€10,763 | +27.2% |
| Amounts payable within one year | 42/48 | €35,731 | €46,641 | +€10,910 | +30.5% |
| Trade debts | 44 | €3,721 | €7,689 | +€3,968 | +107% |
| Suppliers | 440/4 | €3,721 | €7,689 | +€3,968 | +107% |
| Taxes, remuneration and social security | 45 | €32,010 | €38,952 | +€6,942 | +21.7% |
| Taxes | 450/3 | €32,010 | €38,952 | +€6,942 | +21.7% |
| Accrued charges and deferred income | 492/3 | €3,897 | €3,750 | -€147 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €1,284 | +€597 | +86.9% |
| Other operating charges | 640/8 | €424 | €562 | +€138 | +32.5% |
| Gross operating margin | 9900 | €77,863 | €86,062 | +€8,199 | +10.5% |
| Operating profit (loss) | 9901 | €76,752 | €84,216 | +€7,464 | +9.7% |
| Financial income | 75/76B | €713 | €1,951 | +€1,238 | +174% |
| Recurring financial income | 75 | €713 | €1,951 | +€1,238 | +174% |
| Financial charges | 65/66B | €3,917 | €3,339 | -€578 | -14.8% |
| Recurring financial charges | 65 | €3,917 | €3,339 | -€578 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €73,547 | €82,827 | +€9,280 | +12.6% |
| Income taxes | 67/77 | €21,784 | €25,154 | +€3,370 | +15.5% |
| Profit (loss) for the period | 9904 | €51,763 | €57,673 | +€5,910 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,763 | €57,673 | +€5,910 | +11.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.