Orange Elixir Records: 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.
Orange Elixir Records
Largest movements
- Tangible fixed assets -€18,775
down €18,775 (-56.5%), from €33,252 to €14,477
of which Plant, machinery and equipment: -€18,272
- Receivables within one year -€8,904
down €8,904 (-38.6%), from €23,071 to €14,167
- Tax, wage and social debts -€13,867
down €13,867 (-29.4%), from €47,146 to €33,278
of which Remuneration and social security: -€19,751
- Profit (loss) carried forward -€9,103
down €9,103 (-9.1%), from -€100,518 to -€109,621
- Trade debts -€2,681
down €2,681 (-10.3%), from €26,054 to €23,373
- Other debts -€2,228
down €2,228 (-4.2%), from €53,525 to €51,297
- Gross operating margin +€29,493
up €29,493, from -€6,544 to €22,949
- Staff costs -€27,555
down €27,555 (-64.0%), from €43,040 to €15,485
- Depreciation -€4,418
down €4,418 (-34.7%), from €12,730 to €8,311
- Other operating charges -€514
down €514 (-28.7%), from €1,793 to €1,279
- Financial charges -€398
down €398 (-12.9%), from €3,083 to €2,685
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,818 | €29,469 | -€28,349 | -49.0% |
| Fixed assets | 21/28 | €34,437 | €15,302 | -€19,135 | -55.6% |
| Intangible fixed assets | 21 | €1,185 | €825 | -€361 | -30.4% |
| Tangible fixed assets | 22/27 | €33,252 | €14,477 | -€18,775 | -56.5% |
| Plant, machinery and equipment | 23 | €29,586 | €11,314 | -€18,272 | -61.8% |
| Furniture and vehicles | 24 | €3,666 | €3,163 | -€503 | -13.7% |
| Current assets | 29/58 | €23,380 | €14,167 | -€9,213 | -39.4% |
| Amounts receivable within one year | 40/41 | €23,071 | €14,167 | -€8,904 | -38.6% |
| Trade receivables | 40 | €23,071 | €14,167 | -€8,904 | -38.6% |
| Deferred charges and accrued income | 490/1 | €309 | - | -€309 | |
| Total equity and liabilities | 10/49 | €57,818 | €29,469 | -€28,349 | -49.0% |
| Equity | 10/15 | -€85,518 | -€94,621 | -€9,103 | -10.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,518 | -€109,621 | -€9,103 | -9.1% |
| Amounts payable | 17/49 | €143,335 | €124,090 | -€19,246 | -13.4% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €132,944 | €113,891 | -€19,053 | -14.3% |
| Financial debts | 43 | €6,219 | €5,942 | -€277 | -4.5% |
| Credit institutions | 430/8 | €6,219 | €5,942 | -€277 | -4.5% |
| Trade debts | 44 | €26,054 | €23,373 | -€2,681 | -10.3% |
| Suppliers | 440/4 | €26,054 | €23,373 | -€2,681 | -10.3% |
| Taxes, remuneration and social security | 45 | €47,146 | €33,278 | -€13,867 | -29.4% |
| Taxes | 450/3 | €23,102 | €28,986 | +€5,884 | +25.5% |
| Remuneration and social security | 454/9 | €24,043 | €4,292 | -€19,751 | -82.1% |
| Other amounts payable | 47/48 | €53,525 | €51,297 | -€2,228 | -4.2% |
| Accrued charges and deferred income | 492/3 | €392 | €199 | -€193 | -49.2% |
| Non-recurring operating income | 76A | €2,740 | €6,436 | +€3,697 | +134.9% |
| Remuneration, social security and pensions | 62 | €43,040 | €15,485 | -€27,555 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,730 | €8,311 | -€4,418 | -34.7% |
| Other operating charges | 640/8 | €1,793 | €1,279 | -€514 | -28.7% |
| Non-recurring operating charges | 66A | €2,570 | €4,311 | +€1,741 | +67.7% |
| Gross operating margin | 9900 | -€6,544 | €22,949 | +€29,493 | |
| Operating profit (loss) | 9901 | -€66,677 | -€6,438 | +€60,240 | +90.3% |
| Financial income | 75/76B | €21 | €19 | -€2 | -8.2% |
| Recurring financial income | 75 | €21 | €19 | -€2 | -8.2% |
| Financial charges | 65/66B | €3,083 | €2,685 | -€398 | -12.9% |
| Recurring financial charges | 65 | €3,083 | €2,685 | -€398 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€69,739 | -€9,103 | +€60,636 | +86.9% |
| Income taxes | 67/77 | €202 | - | -€202 | |
| Profit (loss) for the period | 9904 | -€69,940 | -€9,103 | +€60,837 | +87.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,940 | -€9,103 | +€60,837 | +87.0% |
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 4 October 2026 via checked.be.