MM 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.
MM ORIS
Largest movements
- Cash +€37,206
up €37,206 (+69.8%), from €53,267 to €90,473
mainly Net result for the year (+€37,803) and Tax, wage and social debts (+€5,772)
- Deferred charges and accrued income +€3,020
up €3,020 (+33.6%), from €8,991 to €12,011
- Receivables within one year +€2,805
new in 2025: €2,805
- Reserves +€37,803
up €37,803 (+74.5%), from €50,733 to €88,536
- Tax, wage and social debts +€5,772
up €5,772 (+38.0%), from €15,193 to €20,965
- Gross operating margin +€24,643
up €24,643 (+76.1%), from €32,384 to €57,027
- Taxes +€7,650
up €7,650 (+114.9%), from €6,657 to €14,307
- Depreciation +€1,019
up €1,019 (+32.5%), from €3,139 to €4,158
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 | €69,933 | €112,509 | +€42,576 | +60.9% |
| Fixed assets | 21/28 | €7,675 | €7,220 | -€455 | -5.9% |
| Tangible fixed assets | 22/27 | €7,675 | €7,220 | -€455 | -5.9% |
| Plant, machinery and equipment | 23 | €7,675 | €7,220 | -€455 | -5.9% |
| Current assets | 29/58 | €62,258 | €105,289 | +€43,032 | +69.1% |
| Amounts receivable within one year | 40/41 | - | €2,805 | +€2,805 | |
| Trade receivables | 40 | - | €2,805 | +€2,805 | |
| Cash at bank and in hand | 54/58 | €53,267 | €90,473 | +€37,206 | +69.8% |
| Deferred charges and accrued income | 490/1 | €8,991 | €12,011 | +€3,020 | +33.6% |
| Total equity and liabilities | 10/49 | €69,933 | €112,509 | +€42,576 | +60.9% |
| Equity | 10/15 | €53,733 | €91,536 | +€37,803 | +70.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,733 | €88,536 | +€37,803 | +74.5% |
| Distributable reserves | 133 | €50,733 | €88,536 | +€37,803 | +74.5% |
| Amounts payable | 17/49 | €16,200 | €20,973 | +€4,773 | +29.5% |
| Amounts payable within one year | 42/48 | €16,200 | €20,973 | +€4,773 | +29.5% |
| Trade debts | 44 | €932 | €7 | -€925 | -99.3% |
| Suppliers | 440/4 | €932 | €7 | -€925 | -99.3% |
| Taxes, remuneration and social security | 45 | €15,193 | €20,965 | +€5,772 | +38.0% |
| Taxes | 450/3 | €15,193 | €20,965 | +€5,772 | +38.0% |
| Other amounts payable | 47/48 | €75 | €1 | -€73 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,139 | €4,158 | +€1,019 | +32.5% |
| Other operating charges | 640/8 | €993 | €713 | -€280 | -28.2% |
| Gross operating margin | 9900 | €32,384 | €57,027 | +€24,643 | +76.1% |
| Operating profit (loss) | 9901 | €28,252 | €52,156 | +€23,904 | +84.6% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €28,209 | €52,111 | +€23,902 | +84.7% |
| Income taxes | 67/77 | €6,657 | €14,307 | +€7,650 | +114.9% |
| Profit (loss) for the period | 9904 | €21,551 | €37,803 | +€16,252 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,551 | €37,803 | +€16,252 | +75.4% |
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 28 September 2026 via checked.be.