HJS/ORANGEDESIGN: 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.
HJS/ORANGEDESIGN
Largest movements
- Cash +€20,601
up €20,601 (+198%), from €10,388 to €30,990
mainly Trade debts (+€20,204) and Net result for the year (+€13,268)
- Receivables within one year +€18,693
up €18,693 (+354%), from €5,275 to €23,968
of which Trade receivables: +€21,169
- Deferred charges and accrued income -€11,893
down €11,893 (-75.9%), from €15,679 to €3,786
- Tangible fixed assets -€3,839
down €3,839 (-5.0%), from €76,418 to €72,578
- Profit (loss) carried forward +€48,161
no longer reported in 2025 (was -€48,161)
- Reserves -€34,893
down €34,893 (-72.8%), from €47,959 to €13,066
of which Distributable reserves: -€32,016
- Trade debts +€20,204
new in 2025: €20,204
- Other debts -€11,894
down €11,894 (-15.4%), from €77,193 to €65,299
- Tax, wage and social debts +€4,078
up €4,078 (+202%), from €2,015 to €6,093
- Gross operating margin +€161,345
up €161,345 (+372%), from €43,415 to €204,760
- Staff costs +€149,176
up €149,176 (+502%), from €29,743 to €178,919
- Other operating charges +€5,956
up €5,956 (+290%), from €2,056 to €8,012
- Depreciation +€3,472
up €3,472 (+945%), from €367 to €3,839
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 | €110,160 | €133,722 | +€23,562 | +21.4% |
| Fixed assets | 21/28 | €78,818 | €74,978 | -€3,839 | -4.9% |
| Tangible fixed assets | 22/27 | €76,418 | €72,578 | -€3,839 | -5.0% |
| Furniture and vehicles | 24 | €76,418 | €72,578 | -€3,839 | -5.0% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €31,342 | €58,743 | +€27,401 | +87.4% |
| Amounts receivable within one year | 40/41 | €5,275 | €23,968 | +€18,693 | +354% |
| Trade receivables | 40 | - | €21,169 | +€21,169 | |
| Other amounts receivable | 41 | €5,275 | €2,799 | -€2,476 | -46.9% |
| Cash at bank and in hand | 54/58 | €10,388 | €30,990 | +€20,601 | +198% |
| Deferred charges and accrued income | 490/1 | €15,679 | €3,786 | -€11,893 | -75.9% |
| Total equity and liabilities | 10/49 | €110,160 | €133,722 | +€23,562 | +21.4% |
| Equity | 10/15 | €28,566 | €41,834 | +€13,268 | +46.4% |
| Contributions | 10/11 | €28,768 | €28,768 | = | 0.0% |
| Reserves | 13 | €47,959 | €13,066 | -€34,893 | -72.8% |
| Non-distributable reserves | 130/1 | €2,877 | - | -€2,877 | |
| Reserves not available under the articles | 1311 | €2,877 | - | -€2,877 | |
| Distributable reserves | 133 | €45,082 | €13,066 | -€32,016 | -71.0% |
| Profit (loss) carried forward | 14 | -€48,161 | - | +€48,161 | |
| Amounts payable | 17/49 | €81,594 | €91,888 | +€10,294 | +12.6% |
| Amounts payable within one year | 42/48 | €79,208 | €91,596 | +€12,387 | +15.6% |
| Trade debts | 44 | - | €20,204 | +€20,204 | |
| Suppliers | 440/4 | - | €20,204 | +€20,204 | |
| Taxes, remuneration and social security | 45 | €2,015 | €6,093 | +€4,078 | +202% |
| Remuneration and social security | 454/9 | €2,015 | €6,093 | +€4,078 | +202% |
| Other amounts payable | 47/48 | €77,193 | €65,299 | -€11,894 | -15.4% |
| Accrued charges and deferred income | 492/3 | €2,386 | €292 | -€2,094 | -87.8% |
| Remuneration, social security and pensions | 62 | €29,743 | €178,919 | +€149,176 | +502% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €367 | €3,839 | +€3,472 | +945% |
| Other operating charges | 640/8 | €2,056 | €8,012 | +€5,956 | +290% |
| Gross operating margin | 9900 | €43,415 | €204,760 | +€161,345 | +372% |
| Operating profit (loss) | 9901 | €11,249 | €13,990 | +€2,741 | +24.4% |
| Financial income | 75/76B | €11 | €41 | +€30 | +258% |
| Recurring financial income | 75 | €11 | €41 | +€30 | +258% |
| Financial charges | 65/66B | €121 | €763 | +€642 | +529% |
| Recurring financial charges | 65 | €121 | €763 | +€642 | +529% |
| Profit (loss) for the period before taxes | 9903 | €11,139 | €13,268 | +€2,129 | +19.1% |
| Profit (loss) for the period | 9904 | €11,139 | €13,268 | +€2,129 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,139 | €13,268 | +€2,129 | +19.1% |
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 26 October 2026 via checked.be.