ORAMED: 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.
ORAMED
Largest movements
- Receivables after one year -€93,124
down €93,124 (-29.3%), from €317,503 to €224,379
- Cash +€44,491
new in 2025: €44,491
mainly Receivables after one year (+€93,124) and Net result for the year (+€13,981)
- Reserves -€65,813
down €65,813 (-19.9%), from €330,693 to €264,880
of which Distributable reserves: -€65,813
- Profit (loss) carried forward +€13,981
up €13,981 (+56.4%), from -€24,769 to -€10,789
- Tax, wage and social debts +€3,432
up €3,432 (+121.5%), from €2,825 to €6,257
- Gross operating margin +€29,862
up €29,862, from -€15,156 to €14,706
- Financial income -€9,216
down €9,216 (-99.7%), from €9,248 to €32
- Other operating charges +€528
new in 2025: €528
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 | €329,586 | €282,222 | -€47,364 | -14.4% |
| Fixed assets | 21/28 | - | €1,269 | +€1,269 | |
| Tangible fixed assets | 22/27 | - | €769 | +€769 | |
| Furniture and vehicles | 24 | - | €769 | +€769 | |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €329,586 | €280,953 | -€48,633 | -14.8% |
| Amounts receivable after more than one year | 29 | €317,503 | €224,379 | -€93,124 | -29.3% |
| Other amounts receivable | 291 | €317,503 | €224,379 | -€93,124 | -29.3% |
| Amounts receivable within one year | 40/41 | €10,383 | €10,383 | = | 0.0% |
| Other amounts receivable | 41 | €10,383 | €10,383 | = | 0.0% |
| Current investments | 50/53 | €1,700 | €1,700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €44,491 | +€44,491 | |
| Total equity and liabilities | 10/49 | €329,586 | €282,222 | -€47,364 | -14.4% |
| Equity | 10/15 | €318,324 | €266,491 | -€51,833 | -16.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €330,693 | €264,880 | -€65,813 | -19.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €328,833 | €263,020 | -€65,813 | -20.0% |
| Profit (loss) carried forward | 14 | -€24,769 | -€10,789 | +€13,981 | +56.4% |
| Amounts payable | 17/49 | €11,262 | €15,731 | +€4,469 | +39.7% |
| Amounts payable within one year | 42/48 | €11,262 | €15,731 | +€4,469 | +39.7% |
| Trade debts | 44 | €8,197 | €9,234 | +€1,037 | +12.7% |
| Suppliers | 440/4 | €8,197 | €9,234 | +€1,037 | +12.7% |
| Taxes, remuneration and social security | 45 | €2,825 | €6,257 | +€3,432 | +121.5% |
| Taxes | 450/3 | €2,825 | €6,257 | +€3,432 | +121.5% |
| Other amounts payable | 47/48 | €240 | €240 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €25 | +€25 | |
| Other operating charges | 640/8 | - | €528 | +€528 | |
| Gross operating margin | 9900 | -€15,156 | €14,706 | +€29,862 | |
| Operating profit (loss) | 9901 | -€15,156 | €14,153 | +€29,309 | |
| Financial income | 75/76B | €9,248 | €32 | -€9,216 | -99.7% |
| Recurring financial income | 75 | €9,248 | €32 | -€9,216 | -99.7% |
| Financial charges | 65/66B | - | €63 | +€63 | |
| Recurring financial charges | 65 | - | €63 | +€63 | |
| Profit (loss) for the period before taxes | 9903 | -€5,908 | €14,121 | +€20,030 | |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€5,908 | €13,981 | +€19,889 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,908 | €13,981 | +€19,889 |
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.