ORANJETOURS: 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.
ORANJETOURS
Largest movements
- Receivables within one year +€99,440
up €99,440 (+21.9%), from €454,259 to €553,699
of which Trade receivables: +€97,327
- Reserves +€53,850
up €53,850 (+46.0%), from €117,152 to €171,002
of which Distributable reserves: +€53,850
- Advances received +€41,507
up €41,507 (+3.5%), from €1.2m to €1.2m
- Gross operating margin +€45,479
up €45,479 (+8.9%), from €510,351 to €555,831
- Staff costs +€34,972
up €34,972 (+8.7%), from €403,243 to €438,215
- Taxes +€11,438
up €11,438 (+65.1%), from €17,563 to €29,002
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 | €1,520,201 | €1,616,468 | +€96,267 | +6.3% |
| Fixed assets | 21/28 | €74,877 | €63,725 | -€11,151 | -14.9% |
| Tangible fixed assets | 22/27 | €49,877 | €38,725 | -€11,151 | -22.4% |
| Plant, machinery and equipment | 23 | €16,734 | €13,820 | -€2,915 | -17.4% |
| Furniture and vehicles | 24 | €33,143 | €24,906 | -€8,237 | -24.9% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €1,445,324 | €1,552,743 | +€107,419 | +7.4% |
| Amounts receivable within one year | 40/41 | €454,259 | €553,699 | +€99,440 | +21.9% |
| Trade receivables | 40 | €451,598 | €548,924 | +€97,327 | +21.6% |
| Other amounts receivable | 41 | €2,661 | €4,775 | +€2,114 | +79.4% |
| Cash at bank and in hand | 54/58 | €991,065 | €999,043 | +€7,979 | +0.8% |
| Total equity and liabilities | 10/49 | €1,520,201 | €1,616,468 | +€96,267 | +6.3% |
| Equity | 10/15 | €207,750 | €261,631 | +€53,881 | +25.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €117,152 | €171,002 | +€53,850 | +46.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,352 | €14,352 | = | 0.0% |
| Distributable reserves | 133 | €95,300 | €149,150 | +€53,850 | +56.5% |
| Profit (loss) carried forward | 14 | €15,598 | €15,630 | +€31 | +0.2% |
| Amounts payable | 17/49 | €1,312,451 | €1,354,837 | +€42,386 | +3.2% |
| Amounts payable within one year | 42/48 | €1,287,451 | €1,329,837 | +€42,386 | +3.3% |
| Trade debts | 44 | €3,888 | €657 | -€3,232 | -83.1% |
| Suppliers | 440/4 | €3,888 | €657 | -€3,232 | -83.1% |
| Advances received on contracts in progress | 46 | €1,198,085 | €1,239,593 | +€41,507 | +3.5% |
| Taxes, remuneration and social security | 45 | €85,477 | €89,587 | +€4,110 | +4.8% |
| Taxes | 450/3 | €17,563 | €13,002 | -€4,562 | -26.0% |
| Remuneration and social security | 454/9 | €67,914 | €76,585 | +€8,672 | +12.8% |
| Accrued charges and deferred income | 492/3 | €25,000 | €25,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €403,243 | €438,215 | +€34,972 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,455 | €11,151 | +€1,697 | +17.9% |
| Other operating charges | 640/8 | €1,540 | €1,504 | -€36 | -2.3% |
| Gross operating margin | 9900 | €510,351 | €555,831 | +€45,479 | +8.9% |
| Operating profit (loss) | 9901 | €96,113 | €104,960 | +€8,847 | +9.2% |
| Financial income | 75/76B | €1,509 | €1,650 | +€141 | +9.3% |
| Recurring financial income | 75 | €1,509 | €1,650 | +€141 | +9.3% |
| Financial charges | 65/66B | €19,893 | €23,727 | +€3,833 | +19.3% |
| Recurring financial charges | 65 | €19,893 | €23,727 | +€3,833 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €77,729 | €82,883 | +€5,154 | +6.6% |
| Income taxes | 67/77 | €17,563 | €29,002 | +€11,438 | +65.1% |
| Profit (loss) for the period | 9904 | €60,165 | €53,881 | -€6,284 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,165 | €53,881 | -€6,284 | -10.4% |
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 11 October 2026 via checked.be.