ORACOM: 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.
ORACOM
Largest movements
- Receivables within one year +€69,969
up €69,969 (+30.5%), from €229,759 to €299,728
of which Other amounts receivable: +€55,570
- Reserves +€51,936
up €51,936 (+19.3%), from €269,141 to €321,077
of which Distributable reserves: +€51,936
- Current portion of long-term debt +€7,537
up €7,537 (+150.7%), from €5,000 to €12,537
- Tax, wage and social debts +€4,845
up €4,845 (+46.3%), from €10,468 to €15,314
- Gross operating margin +€32,636
up €32,636 (+73.7%), from €44,305 to €76,941
- Taxes +€7,693
up €7,693 (+51.7%), from €14,867 to €22,560
- Depreciation -€1,360
down €1,360 (-28.7%), from €4,739 to €3,379
- Financial charges -€873
down €873 (-34.8%), from €2,507 to €1,634
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 | €295,055 | €359,624 | +€64,569 | +21.9% |
| Fixed assets | 21/28 | €3,911 | €531 | -€3,379 | -86.4% |
| Tangible fixed assets | 22/27 | €3,911 | €531 | -€3,379 | -86.4% |
| Plant, machinery and equipment | 23 | €1,111 | €531 | -€580 | -52.2% |
| Furniture and vehicles | 24 | €2,799 | - | -€2,799 | |
| Current assets | 29/58 | €291,144 | €359,092 | +€67,948 | +23.3% |
| Amounts receivable after more than one year | 29 | €56,126 | €56,126 | = | 0.0% |
| Other amounts receivable | 291 | €56,126 | €56,126 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €229,759 | €299,728 | +€69,969 | +30.5% |
| Trade receivables | 40 | €3,358 | €17,757 | +€14,399 | +428.8% |
| Other amounts receivable | 41 | €226,401 | €281,971 | +€55,570 | +24.5% |
| Cash at bank and in hand | 54/58 | €4,773 | €2,448 | -€2,325 | -48.7% |
| Deferred charges and accrued income | 490/1 | €485 | €790 | +€305 | +62.7% |
| Total equity and liabilities | 10/49 | €295,055 | €359,624 | +€64,569 | +21.9% |
| Equity | 10/15 | €275,341 | €327,277 | +€51,936 | +18.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €269,141 | €321,077 | +€51,936 | +19.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €264,281 | €316,217 | +€51,936 | +19.7% |
| Amounts payable | 17/49 | €19,714 | €32,347 | +€12,633 | +64.1% |
| Amounts payable within one year | 42/48 | €19,714 | €32,347 | +€12,633 | +64.1% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €12,537 | +€7,537 | +150.7% |
| Trade debts | 44 | €4,245 | €4,496 | +€251 | +5.9% |
| Suppliers | 440/4 | €4,245 | €4,496 | +€251 | +5.9% |
| Taxes, remuneration and social security | 45 | €10,468 | €15,314 | +€4,845 | +46.3% |
| Taxes | 450/3 | €10,468 | €15,314 | +€4,845 | +46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,739 | €3,379 | -€1,360 | -28.7% |
| Other operating charges | 640/8 | €654 | €1,359 | +€704 | +107.7% |
| Gross operating margin | 9900 | €44,305 | €76,941 | +€32,636 | +73.7% |
| Operating profit (loss) | 9901 | €38,912 | €72,203 | +€33,292 | +85.6% |
| Financial income | 75/76B | €14,671 | €13,926 | -€745 | -5.1% |
| Recurring financial income | 75 | €14,671 | €13,926 | -€745 | -5.1% |
| Financial charges | 65/66B | €2,507 | €1,634 | -€873 | -34.8% |
| Recurring financial charges | 65 | €2,507 | €1,634 | -€873 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €51,076 | €84,496 | +€33,421 | +65.4% |
| Income taxes | 67/77 | €14,867 | €22,560 | +€7,693 | +51.7% |
| Profit (loss) for the period | 9904 | €36,208 | €61,936 | +€25,728 | +71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,208 | €61,936 | +€25,728 | +71.1% |
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 6 October 2026 via checked.be.