L'ORIS: what changed
Two fiscal 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.
L'ORIS
Largest movements
- Tangible fixed assets -€19,032
down €19,032 (-3.2%), from €587,906 to €568,874
of which Land and buildings: -€34,766
- Debts after one year -€22,095
down €22,095 (-4.4%), from €507,250 to €485,155
- Reserves +€10,083
up €10,083 (+16.1%), from €62,494 to €72,577
- Gross operating margin -€6,765
down €6,765 (-5.4%), from €124,816 to €118,050
- Depreciation +€4,955
up €4,955 (+11.5%), from €42,998 to €47,953
- Financial charges -€4,645
down €4,645 (-24.7%), from €18,787 to €14,142
of which Non-recurring financial charges: -€4,857
- Taxes -€3,396
down €3,396 (-43.1%), from €7,883 to €4,487
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 | €630,548 | €619,214 | -€11,333 | -1.8% |
| Fixed assets | 21/28 | €587,976 | €568,944 | -€19,032 | -3.2% |
| Tangible fixed assets | 22/27 | €587,906 | €568,874 | -€19,032 | -3.2% |
| Land and buildings | 22 | €555,986 | €521,220 | -€34,766 | -6.3% |
| Plant, machinery and equipment | 23 | €11,559 | €9,899 | -€1,660 | -14.4% |
| Furniture and vehicles | 24 | €20,362 | €13,063 | -€7,298 | -35.8% |
| Leasing and similar rights | 25 | - | €24,692 | +€24,692 | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €42,571 | €50,271 | +€7,699 | +18.1% |
| Amounts receivable within one year | 40/41 | €16,347 | €18,315 | +€1,967 | +12.0% |
| Trade receivables | 40 | €1,635 | €2,442 | +€807 | +49.4% |
| Other amounts receivable | 41 | €14,712 | €15,873 | +€1,160 | +7.9% |
| Cash at bank and in hand | 54/58 | €20,371 | €23,997 | +€3,626 | +17.8% |
| Deferred charges and accrued income | 490/1 | €5,853 | €7,958 | +€2,105 | +36.0% |
| Total equity and liabilities | 10/49 | €630,548 | €619,214 | -€11,333 | -1.8% |
| Equity | 10/15 | €69,333 | €78,777 | +€9,444 | +13.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,494 | €72,577 | +€10,083 | +16.1% |
| Distributable reserves | 133 | €62,494 | €72,577 | +€10,083 | +16.1% |
| Profit (loss) carried forward | 14 | €639 | €0 | -€639 | -100.0% |
| Amounts payable | 17/49 | €561,215 | €540,438 | -€20,777 | -3.7% |
| Amounts payable after more than one year | 17 | €507,250 | €485,155 | -€22,095 | -4.4% |
| Financial debts | 170/4 | €507,250 | €485,155 | -€22,095 | -4.4% |
| Amounts payable within one year | 42/48 | €53,965 | €55,283 | +€1,318 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €42,570 | €46,782 | +€4,212 | +9.9% |
| Trade debts | 44 | €5,545 | €1,942 | -€3,603 | -65.0% |
| Suppliers | 440/4 | €5,545 | €1,942 | -€3,603 | -65.0% |
| Taxes, remuneration and social security | 45 | €5,850 | €6,559 | +€709 | +12.1% |
| Taxes | 450/3 | €4,654 | €6,559 | +€1,905 | +40.9% |
| Remuneration and social security | 454/9 | €1,196 | €0 | -€1,196 | -100.0% |
| Non-recurring operating income | 76A | €690 | €0 | -€690 | -100.0% |
| Remuneration, social security and pensions | 62 | €38,319 | €38,198 | -€121 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,998 | €47,953 | +€4,955 | +11.5% |
| Other operating charges | 640/8 | €5,186 | €4,603 | -€583 | -11.2% |
| Gross operating margin | 9900 | €124,816 | €118,050 | -€6,765 | -5.4% |
| Operating profit (loss) | 9901 | €38,313 | €27,297 | -€11,016 | -28.8% |
| Financial income | 75/76B | €1,319 | €776 | -€543 | -41.2% |
| Recurring financial income | 75 | €1,319 | €776 | -€543 | -41.2% |
| Financial charges | 65/66B | €18,787 | €14,142 | -€4,645 | -24.7% |
| Recurring financial charges | 65 | €13,930 | €14,142 | +€212 | +1.5% |
| Non-recurring financial charges | 66B | €4,857 | €0 | -€4,857 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €20,845 | €13,931 | -€6,914 | -33.2% |
| Income taxes | 67/77 | €7,883 | €4,487 | -€3,396 | -43.1% |
| Profit (loss) for the period | 9904 | €12,962 | €9,444 | -€3,518 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,962 | €9,444 | -€3,518 | -27.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.