ORATORIO: 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.
ORATORIO
Largest movements
- Current investments -€5,864
no longer reported in 2025 (was €5,864)
- Profit (loss) carried forward -€5,819
down €5,819 (-34.7%), from -€16,749 to -€22,568
- Trade debts -€1,210
down €1,210 (-100.0%), from €1,210 to €0
- Other debts +€1,166
up €1,166 (+583.1%), from €200 to €1,366
- Gross operating margin -€4,814
down €4,814 (-795.8%), from -€605 to -€5,419
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 | €5,864 | €0 | -€5,864 | -100.0% |
| Current assets | 29/58 | €5,864 | €0 | -€5,864 | -100.0% |
| Current investments | 50/53 | €5,864 | - | -€5,864 | |
| Cash at bank and in hand | 54/58 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €5,864 | €0 | -€5,864 | -100.0% |
| Equity | 10/15 | €4,454 | -€1,366 | -€5,820 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,203 | €1,202 | -€1 | -0.1% |
| Non-distributable reserves | 130/1 | €631 | €631 | -€0 | -0.1% |
| Reserves not available under the articles | 1311 | €631 | €631 | -€0 | -0.1% |
| Distributable reserves | 133 | €571 | €571 | -€0 | -0.1% |
| Profit (loss) carried forward | 14 | -€16,749 | -€22,568 | -€5,819 | -34.7% |
| Amounts payable | 17/49 | €1,410 | €1,366 | -€44 | -3.1% |
| Amounts payable within one year | 42/48 | €1,410 | €1,366 | -€44 | -3.1% |
| Trade debts | 44 | €1,210 | €0 | -€1,210 | -100.0% |
| Suppliers | 440/4 | €1,210 | €0 | -€1,210 | -100.0% |
| Other amounts payable | 47/48 | €200 | €1,366 | +€1,166 | +583.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€605 | -€5,419 | -€4,814 | -795.8% |
| Operating profit (loss) | 9901 | -€992 | -€5,819 | -€4,827 | -486.4% |
| Profit (loss) for the period before taxes | 9903 | -€992 | -€5,819 | -€4,827 | -486.4% |
| Profit (loss) for the period | 9904 | -€992 | -€5,819 | -€4,827 | -486.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€992 | -€5,819 | -€4,827 | -486.4% |
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 29 September 2026 via checked.be.