OR-FEE: 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.
OR-FEE
Largest movements
- Stocks and contracts +€5,240
up €5,240 (+4.2%), from €125,140 to €130,380
- Tangible fixed assets -€1,710
down €1,710 (-28.6%), from €5,985 to €4,275
- Other debts +€4,864
up €4,864 (+4.3%), from €112,588 to €117,451
- Profit (loss) carried forward -€2,679
down €2,679 (-45.4%), from €5,906 to €3,227
- Gross operating margin +€2,309
up €2,309 (+6.9%), from €33,335 to €35,644
- Staff costs +€2,140
up €2,140 (+6.5%), from €33,042 to €35,182
- Other operating charges -€652
down €652 (-46.9%), from €1,391 to €739
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.
Cash bridge derived
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 | €145,680 | €148,120 | +€2,440 | +1.7% |
| Fixed assets | 21/28 | €6,198 | €4,488 | -€1,710 | -27.6% |
| Tangible fixed assets | 22/27 | €5,985 | €4,275 | -€1,710 | -28.6% |
| Land and buildings | 22 | €5,985 | €4,275 | -€1,710 | -28.6% |
| Financial fixed assets | 28 | €214 | €214 | = | 0.0% |
| Current assets | 29/58 | €139,482 | €143,632 | +€4,150 | +3.0% |
| Stocks and contracts in progress | 3 | €125,140 | €130,380 | +€5,240 | +4.2% |
| Stocks | 30/36 | €125,140 | €130,380 | +€5,240 | +4.2% |
| Amounts receivable within one year | 40/41 | €118 | €63 | -€55 | -46.5% |
| Other amounts receivable | 41 | €118 | €63 | -€55 | -46.5% |
| Cash at bank and in hand | 54/58 | €14,224 | €13,189 | -€1,036 | -7.3% |
| Total equity and liabilities | 10/49 | €145,680 | €148,120 | +€2,440 | +1.7% |
| Equity | 10/15 | €13,966 | €11,287 | -€2,679 | -19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,906 | €3,227 | -€2,679 | -45.4% |
| Amounts payable | 17/49 | €131,714 | €136,833 | +€5,119 | +3.9% |
| Amounts payable within one year | 42/48 | €131,714 | €136,833 | +€5,119 | +3.9% |
| Trade debts | 44 | €12,176 | €11,384 | -€792 | -6.5% |
| Suppliers | 440/4 | €12,176 | €11,384 | -€792 | -6.5% |
| Taxes, remuneration and social security | 45 | €6,951 | €7,998 | +€1,047 | +15.1% |
| Taxes | 450/3 | €2,709 | €4,568 | +€1,860 | +68.7% |
| Remuneration and social security | 454/9 | €4,242 | €3,429 | -€813 | -19.2% |
| Other amounts payable | 47/48 | €112,588 | €117,451 | +€4,864 | +4.3% |
| Remuneration, social security and pensions | 62 | €33,042 | €35,182 | +€2,140 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,710 | €1,710 | = | 0.0% |
| Other operating charges | 640/8 | €1,391 | €739 | -€652 | -46.9% |
| Gross operating margin | 9900 | €33,335 | €35,644 | +€2,309 | +6.9% |
| Operating profit (loss) | 9901 | -€2,808 | -€1,987 | +€821 | +29.2% |
| Financial income | 75/76B | €188 | €61 | -€127 | -67.6% |
| Recurring financial income | 75 | €188 | €61 | -€127 | -67.6% |
| Financial charges | 65/66B | €679 | €753 | +€74 | +10.8% |
| Recurring financial charges | 65 | €679 | €753 | +€74 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,299 | -€2,679 | +€620 | +18.8% |
| Profit (loss) for the period | 9904 | -€3,299 | -€2,679 | +€620 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,299 | -€2,679 | +€620 | +18.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.