ORAKEI: what changed
ORAKEI
Largest movements
- Cash -€35,406
down €35,406 (-58.7%), from €60,337 to €24,931
mainly Contributions, distributions and other (-€77,783) and Receivables within one year (-€11,919)
- Receivables within one year +€11,919
up €11,919 (+151%), from €7,909 to €19,828
of which Other amounts receivable: +€10,669
- Tangible fixed assets +€1,397
up €1,397 (+4.5%), from €30,945 to €32,342
of which Furniture and vehicles: +€3,155
- Reserves -€21,848
down €21,848 (-21.8%), from €100,233 to €78,384
of which Distributable reserves: -€21,848
- Gross operating margin +€17,858
up €17,858 (+29.7%), from €60,224 to €78,082
- Taxes +€1,381
up €1,381 (+11.0%), from €12,508 to €13,888
- Depreciation +€981
up €981 (+16.2%), from €6,052 to €7,033
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,002 | €97,984 | -€22,019 | -18.3% |
| Fixed assets | 21/28 | €31,060 | €32,457 | +€1,397 | +4.5% |
| Tangible fixed assets | 22/27 | €30,945 | €32,342 | +€1,397 | +4.5% |
| Plant, machinery and equipment | 23 | €1,129 | €400 | -€730 | -64.6% |
| Furniture and vehicles | 24 | €9,607 | €12,762 | +€3,155 | +32.8% |
| Other tangible fixed assets | 26 | €20,209 | €19,181 | -€1,029 | -5.1% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €88,942 | €65,527 | -€23,415 | -26.3% |
| Amounts receivable within one year | 40/41 | €7,909 | €19,828 | +€11,919 | +151% |
| Trade receivables | 40 | - | €1,250 | +€1,250 | |
| Other amounts receivable | 41 | €7,909 | €18,578 | +€10,669 | +135% |
| Current investments | 50/53 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,337 | €24,931 | -€35,406 | -58.7% |
| Deferred charges and accrued income | 490/1 | €697 | €767 | +€71 | +10.1% |
| Total equity and liabilities | 10/49 | €120,002 | €97,984 | -€22,019 | -18.3% |
| Equity | 10/15 | €118,783 | €96,934 | -€21,848 | -18.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €100,233 | €78,384 | -€21,848 | -21.8% |
| Non-distributable reserves | 130/1 | €1,107 | €1,107 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,107 | €1,107 | = | 0.0% |
| Distributable reserves | 133 | €99,126 | €77,278 | -€21,848 | -22.0% |
| Amounts payable | 17/49 | €1,220 | €1,049 | -€170 | -14.0% |
| Amounts payable within one year | 42/48 | €1,220 | €1,049 | -€170 | -14.0% |
| Trade debts | 44 | €1,158 | €742 | -€416 | -35.9% |
| Suppliers | 440/4 | €1,158 | €742 | -€416 | -35.9% |
| Taxes, remuneration and social security | 45 | €21 | €307 | +€286 | +1,362% |
| Taxes | 450/3 | €21 | €307 | +€286 | +1,362% |
| Other amounts payable | 47/48 | €41 | - | -€41 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,052 | €7,033 | +€981 | +16.2% |
| Other operating charges | 640/8 | €776 | €1,118 | +€342 | +44.0% |
| Gross operating margin | 9900 | €60,224 | €78,082 | +€17,858 | +29.7% |
| Operating profit (loss) | 9901 | €53,395 | €69,931 | +€16,535 | +31.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €91 | €109 | +€18 | +19.3% |
| Recurring financial charges | 65 | €91 | €109 | +€18 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €53,304 | €69,823 | +€16,519 | +31.0% |
| Income taxes | 67/77 | €12,508 | €13,888 | +€1,381 | +11.0% |
| Profit (loss) for the period | 9904 | €40,797 | €55,934 | +€15,138 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,797 | €55,934 | +€15,138 | +37.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.