ORANGE ORCA: what changed
Two financial 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 ORCA
Largest movements
- Receivables within one year +€19,618
up €19,618 (+142%), from €13,824 to €33,443
of which Trade receivables: +€20,572
- Profit (loss) carried forward -€19,058
down €19,058 (-100%), from €19,058 to €0
- Other debts +€16,601
up €16,601 (+117%), from €14,173 to €30,774
- Advances received +€11,206
new in 2025: €11,206
- Tax, wage and social debts +€5,343
up €5,343 (+78.3%), from €6,827 to €12,170
of which Taxes: +€5,343
- Trade debts +€3,936
up €3,936 (+530%), from €743 to €4,680
- Gross operating margin -€8,149
down €8,149 (-34.6%), from €23,543 to €15,394
- Taxes -€1,895
down €1,895 (-28.5%), from €6,651 to €4,756
- Financial charges -€748
down €748 (-49.3%), from €1,517 to €769
- Other operating charges +€409
up €409 (+41.5%), from €987 to €1,397
- Depreciation +€305
up €305 (+70.9%), from €430 to €735
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.
Derived cash bridge
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 | €42,301 | €62,169 | +€19,868 | +47.0% |
| Fixed assets | 21/28 | €3,172 | €3,629 | +€457 | +14.4% |
| Tangible fixed assets | 22/27 | €2,084 | €2,541 | +€457 | +21.9% |
| Furniture and vehicles | 24 | €2,084 | €2,541 | +€457 | +21.9% |
| Financial fixed assets | 28 | €1,088 | €1,088 | = | 0.0% |
| Current assets | 29/58 | €39,129 | €58,540 | +€19,411 | +49.6% |
| Amounts receivable within one year | 40/41 | €13,824 | €33,443 | +€19,618 | +142% |
| Trade receivables | 40 | €12,440 | €33,011 | +€20,572 | +165% |
| Other amounts receivable | 41 | €1,384 | €431 | -€953 | -68.8% |
| Cash at bank and in hand | 54/58 | €24,996 | €25,097 | +€101 | +0.4% |
| Deferred charges and accrued income | 490/1 | €309 | €0 | -€309 | -100% |
| Total equity and liabilities | 10/49 | €42,301 | €62,169 | +€19,868 | +47.0% |
| Equity | 10/15 | €20,558 | €1,547 | -€19,011 | -92.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €47 | +€47 | |
| Distributable reserves | 133 | - | €47 | +€47 | |
| Profit (loss) carried forward | 14 | €19,058 | €0 | -€19,058 | -100% |
| Amounts payable | 17/49 | €21,743 | €60,622 | +€38,879 | +179% |
| Amounts payable within one year | 42/48 | €21,743 | €60,622 | +€38,879 | +179% |
| Financial debts | 43 | - | €1,791 | +€1,791 | |
| Credit institutions | 430/8 | - | €1,791 | +€1,791 | |
| Trade debts | 44 | €743 | €4,680 | +€3,936 | +530% |
| Suppliers | 440/4 | €743 | €4,680 | +€3,936 | +530% |
| Advances received on contracts in progress | 46 | - | €11,206 | +€11,206 | |
| Taxes, remuneration and social security | 45 | €6,827 | €12,170 | +€5,343 | +78.3% |
| Taxes | 450/3 | €6,827 | €12,170 | +€5,343 | +78.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,173 | €30,774 | +€16,601 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430 | €735 | +€305 | +70.9% |
| Other operating charges | 640/8 | €987 | €1,397 | +€409 | +41.5% |
| Gross operating margin | 9900 | €23,543 | €15,394 | -€8,149 | -34.6% |
| Operating profit (loss) | 9901 | €22,126 | €13,263 | -€8,863 | -40.1% |
| Financial income | 75/76B | €101 | €251 | +€150 | +148% |
| Recurring financial income | 75 | €101 | €251 | +€150 | +148% |
| Financial charges | 65/66B | €1,517 | €769 | -€748 | -49.3% |
| Recurring financial charges | 65 | €1,517 | €769 | -€748 | -49.3% |
| Profit (loss) for the period before taxes | 9903 | €20,710 | €12,745 | -€7,965 | -38.5% |
| Income taxes | 67/77 | €6,651 | €4,756 | -€1,895 | -28.5% |
| Profit (loss) for the period | 9904 | €14,059 | €7,989 | -€6,070 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,059 | €7,989 | -€6,070 | -43.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.