ORAXIS: 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.
ORAXIS
Largest movements
- Stocks and contracts -€48,677
no longer reported in 2025 (was €48,677)
- Receivables within one year +€29,793
up €29,793 (+395.2%), from €7,539 to €37,332
of which Trade receivables: +€29,121
- Cash -€7,466
down €7,466 (-87.5%), from €8,530 to €1,064
mainly Other debts (-€42,651) and Receivables within one year (-€29,793)
- Deferred charges and accrued income +€1,388
new in 2025: €1,388
- Other debts -€42,651
down €42,651 (-46.7%), from €91,249 to €48,598
- Profit (loss) carried forward +€12,654
up €12,654 (+31.2%), from -€40,500 to -€27,846
- Trade debts +€5,157
up €5,157 (+349.3%), from €1,476 to €6,633
- Gross operating margin +€10,701
up €10,701 (+514.7%), from €2,079 to €12,780
- Other operating charges -€169
no longer reported in 2025 (was €169)
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 | €64,746 | €39,784 | -€24,962 | -38.6% |
| Current assets | 29/58 | €64,746 | €39,784 | -€24,962 | -38.6% |
| Stocks and contracts in progress | 3 | €48,677 | - | -€48,677 | |
| Stocks | 30/36 | €48,677 | - | -€48,677 | |
| Amounts receivable within one year | 40/41 | €7,539 | €37,332 | +€29,793 | +395.2% |
| Trade receivables | 40 | €6,974 | €36,095 | +€29,121 | +417.6% |
| Other amounts receivable | 41 | €566 | €1,237 | +€672 | +118.8% |
| Cash at bank and in hand | 54/58 | €8,530 | €1,064 | -€7,466 | -87.5% |
| Deferred charges and accrued income | 490/1 | - | €1,388 | +€1,388 | |
| Total equity and liabilities | 10/49 | €64,746 | €39,784 | -€24,962 | -38.6% |
| Equity | 10/15 | -€28,100 | -€15,446 | +€12,654 | +45.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,500 | -€27,846 | +€12,654 | +31.2% |
| Amounts payable | 17/49 | €92,846 | €55,230 | -€37,616 | -40.5% |
| Amounts payable within one year | 42/48 | €92,846 | €55,230 | -€37,616 | -40.5% |
| Trade debts | 44 | €1,476 | €6,633 | +€5,157 | +349.3% |
| Suppliers | 440/4 | €1,476 | €6,633 | +€5,157 | +349.3% |
| Taxes, remuneration and social security | 45 | €121 | - | -€121 | |
| Taxes | 450/3 | €121 | - | -€121 | |
| Other amounts payable | 47/48 | €91,249 | €48,598 | -€42,651 | -46.7% |
| Other operating charges | 640/8 | €169 | - | -€169 | |
| Gross operating margin | 9900 | €2,079 | €12,780 | +€10,701 | +514.7% |
| Operating profit (loss) | 9901 | €1,910 | €12,780 | +€10,870 | +569.1% |
| Financial charges | 65/66B | €71 | €126 | +€55 | +77.7% |
| Recurring financial charges | 65 | €71 | €126 | +€55 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | €1,839 | €12,654 | +€10,815 | +588.1% |
| Profit (loss) for the period | 9904 | €1,839 | €12,654 | +€10,815 | +588.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,839 | €12,654 | +€10,815 | +588.1% |
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.