L'ORPHELIN: 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.
L'ORPHELIN
Largest movements
- Cash -€1,287
down €1,287 (-32.6%), from €3,951 to €2,664
mainly Net result for the year (-€24,142)
- Receivables within one year -€956
down €956 (-34.5%), from €2,770 to €1,814
- Tangible fixed assets -€255
down €255 (-60.0%), from €426 to €170
- Profit (loss) carried forward -€24,142
down €24,142 (-93.1%), from -€25,925 to -€50,066
- Other debts +€17,810
up €17,810 (+158.2%), from €11,259 to €29,069
- Tax, wage and social debts +€2,539
up €2,539 (+12.9%), from €19,736 to €22,274
of which Remuneration and social security: +€1,883
- Trade debts +€926
up €926 (+1220.0%), from €76 to €1,002
- Accrued charges and deferred income +€369
new in 2025: €369
- Gross operating margin -€23,321
down €23,321, from €7,091 to -€16,230
- Other operating charges -€1,666
down €1,666 (-95.7%), from €1,740 to €74
- Staff costs -€1,532
down €1,532 (-16.8%), from €9,090 to €7,559
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 | €7,146 | €4,648 | -€2,498 | -35.0% |
| Fixed assets | 21/28 | €426 | €170 | -€255 | -60.0% |
| Tangible fixed assets | 22/27 | €426 | €170 | -€255 | -60.0% |
| Furniture and vehicles | 24 | €426 | €170 | -€255 | -60.0% |
| Current assets | 29/58 | €6,721 | €4,478 | -€2,243 | -33.4% |
| Amounts receivable within one year | 40/41 | €2,770 | €1,814 | -€956 | -34.5% |
| Other amounts receivable | 41 | €2,770 | €1,814 | -€956 | -34.5% |
| Cash at bank and in hand | 54/58 | €3,951 | €2,664 | -€1,287 | -32.6% |
| Total equity and liabilities | 10/49 | €7,146 | €4,648 | -€2,498 | -35.0% |
| Equity | 10/15 | -€23,925 | -€48,066 | -€24,142 | -100.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,925 | -€50,066 | -€24,142 | -93.1% |
| Amounts payable | 17/49 | €31,071 | €52,714 | +€21,643 | +69.7% |
| Amounts payable within one year | 42/48 | €31,071 | €52,346 | +€21,275 | +68.5% |
| Trade debts | 44 | €76 | €1,002 | +€926 | +1220.0% |
| Suppliers | 440/4 | €76 | €1,002 | +€926 | +1220.0% |
| Taxes, remuneration and social security | 45 | €19,736 | €22,274 | +€2,539 | +12.9% |
| Taxes | 450/3 | €5,177 | €5,833 | +€656 | +12.7% |
| Remuneration and social security | 454/9 | €14,559 | €16,441 | +€1,883 | +12.9% |
| Other amounts payable | 47/48 | €11,259 | €29,069 | +€17,810 | +158.2% |
| Accrued charges and deferred income | 492/3 | - | €369 | +€369 | |
| Remuneration, social security and pensions | 62 | €9,090 | €7,559 | -€1,532 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255 | €255 | = | 0.0% |
| Other operating charges | 640/8 | €1,740 | €74 | -€1,666 | -95.7% |
| Gross operating margin | 9900 | €7,091 | -€16,230 | -€23,321 | |
| Operating profit (loss) | 9901 | -€3,995 | -€24,119 | -€20,124 | -503.7% |
| Financial charges | 65/66B | €118 | €23 | -€95 | -80.8% |
| Recurring financial charges | 65 | €118 | €23 | -€95 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,113 | -€24,142 | -€20,029 | -487.0% |
| Profit (loss) for the period | 9904 | -€4,113 | -€24,142 | -€20,029 | -487.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,113 | -€24,142 | -€20,029 | -487.0% |
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 12 October 2026 via checked.be.