Maison Orval: 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.
Maison Orval
Largest movements
- Cash -€465,079
down €465,079 (-84.9%), from €547,990 to €82,911
mainly Receivables after one year (-€402,294) and Contributions, distributions and other (-€150,000)
- Receivables after one year +€402,294
new in 2024: €402,294
- Receivables within one year -€54,216
down €54,216 (-16.4%), from €330,694 to €276,479
of which Trade receivables: -€129,583
- Tangible fixed assets +€29,826
up €29,826 (+7.2%), from €414,286 to €444,112
of which Furniture and vehicles: +€56,929
- Other debts +€171,755
up €171,755 (+328%), from €52,318 to €224,073
- Reserves -€118,512
down €118,512 (-15.7%), from €754,392 to €635,880
of which Distributable reserves: -€118,512
- Debts after one year -€72,111
down €72,111 (-32.5%), from €222,035 to €149,924
- Tax, wage and social debts -€43,121
down €43,121 (-23.8%), from €181,310 to €138,189
of which Taxes: -€40,729
- Gross operating margin -€553,004
down €553,004 (-84.8%), from €652,273 to €99,269
- Taxes -€92,528
down €92,528 (-76.7%), from €120,573 to €28,045
- Staff costs -€86,897
down €86,897 (-100%), from €86,897 to €0
- Financial charges -€64,649
down €64,649 (-87.4%), from €73,928 to €9,280
- Financial income +€13,506
up €13,506 (+115%), from €11,703 to €25,209
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,297,624 | €1,205,796 | -€91,828 | -7.1% |
| Fixed assets | 21/28 | €414,286 | €444,112 | +€29,826 | +7.2% |
| Tangible fixed assets | 22/27 | €414,286 | €444,112 | +€29,826 | +7.2% |
| Land and buildings | 22 | €394,227 | €365,285 | -€28,942 | -7.3% |
| Plant, machinery and equipment | 23 | €5,692 | €7,530 | +€1,838 | +32.3% |
| Furniture and vehicles | 24 | €14,368 | €71,297 | +€56,929 | +396% |
| Current assets | 29/58 | €883,338 | €761,684 | -€121,654 | -13.8% |
| Amounts receivable after more than one year | 29 | - | €402,294 | +€402,294 | |
| Other amounts receivable | 291 | - | €402,294 | +€402,294 | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €330,694 | €276,479 | -€54,216 | -16.4% |
| Trade receivables | 40 | €276,777 | €147,194 | -€129,583 | -46.8% |
| Other amounts receivable | 41 | €53,918 | €129,285 | +€75,367 | +140% |
| Cash at bank and in hand | 54/58 | €547,990 | €82,911 | -€465,079 | -84.9% |
| Deferred charges and accrued income | 490/1 | €4,653 | €0 | -€4,653 | -100% |
| Total equity and liabilities | 10/49 | €1,297,624 | €1,205,796 | -€91,828 | -7.1% |
| Equity | 10/15 | €779,392 | €660,880 | -€118,512 | -15.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €754,392 | €635,880 | -€118,512 | -15.7% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €751,892 | €633,380 | -€118,512 | -15.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €518,232 | €544,916 | +€26,684 | +5.1% |
| Amounts payable after more than one year | 17 | €222,035 | €149,924 | -€72,111 | -32.5% |
| Financial debts | 170/4 | €222,035 | €149,924 | -€72,111 | -32.5% |
| Amounts payable within one year | 42/48 | €280,963 | €386,892 | +€105,928 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €30,526 | €24,629 | -€5,897 | -19.3% |
| Financial debts | 43 | €6,754 | €0 | -€6,754 | -100% |
| Credit institutions | 430/8 | €6,754 | €0 | -€6,754 | -100% |
| Trade debts | 44 | €10,055 | €0 | -€10,055 | -100% |
| Suppliers | 440/4 | €10,055 | €0 | -€10,055 | -100% |
| Taxes, remuneration and social security | 45 | €181,310 | €138,189 | -€43,121 | -23.8% |
| Taxes | 450/3 | €178,918 | €138,189 | -€40,729 | -22.8% |
| Remuneration and social security | 454/9 | €2,392 | €0 | -€2,392 | -100% |
| Other amounts payable | 47/48 | €52,318 | €224,073 | +€171,755 | +328% |
| Accrued charges and deferred income | 492/3 | €15,233 | €8,100 | -€7,133 | -46.8% |
| Non-recurring operating income | 76A | €1,262,684 | €26,343 | -€1.2m | -97.9% |
| Remuneration, social security and pensions | 62 | €86,897 | €0 | -€86,897 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,050 | €41,672 | +€5,622 | +15.6% |
| Other operating charges | 640/8 | €22,786 | €13,993 | -€8,793 | -38.6% |
| Gross operating margin | 9900 | €652,273 | €99,269 | -€553,004 | -84.8% |
| Operating profit (loss) | 9901 | €506,539 | €43,604 | -€462,935 | -91.4% |
| Financial income | 75/76B | €11,703 | €25,209 | +€13,506 | +115% |
| Recurring financial income | 75 | €11,703 | €25,209 | +€13,506 | +115% |
| Financial charges | 65/66B | €73,928 | €9,280 | -€64,649 | -87.4% |
| Recurring financial charges | 65 | €73,928 | €9,280 | -€64,649 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | €444,313 | €59,533 | -€384,781 | -86.6% |
| Income taxes | 67/77 | €120,573 | €28,045 | -€92,528 | -76.7% |
| Profit (loss) for the period | 9904 | €323,740 | €31,488 | -€292,252 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €323,740 | €31,488 | -€292,252 | -90.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.