ORAZ CONSULTING: 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.
ORAZ CONSULTING
Largest movements
- Cash +€74,323
up €74,323 (+23.0%), from €322,782 to €397,105
mainly Net result for the year (+€91,243) and Other debts (+€24,147)
- Receivables after one year +€9,852
new in 2025: €9,852
- Tangible fixed assets -€7,571
down €7,571 (-16.8%), from €44,998 to €37,427
- Financial fixed assets -€5,250
no longer reported in 2025 (was €5,250)
- Reserves +€25,411
up €25,411 (+10.1%), from €252,250 to €277,661
of which Distributable reserves: +€25,411
- Other debts +€24,147
up €24,147 (+38.2%), from €63,268 to €87,416
- Tax, wage and social debts +€18,487
up €18,487 (+135%), from €13,651 to €32,138
of which Taxes: +€20,305
- Gross operating margin +€97,069
up €97,069 (+226%), from €42,944 to €140,013
- Taxes +€30,175
up €30,175 (+349%), from €8,650 to €38,824
- Financial income +€2,676
up €2,676 (+242%), from €1,104 to €3,780
- Other operating charges -€2,122
down €2,122 (-48.0%), from €4,419 to €2,296
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 | €411,422 | €480,358 | +€68,936 | +16.8% |
| Fixed assets | 21/28 | €50,248 | €37,427 | -€12,821 | -25.5% |
| Tangible fixed assets | 22/27 | €44,998 | €37,427 | -€7,571 | -16.8% |
| Land and buildings | 22 | €35,739 | €31,977 | -€3,762 | -10.5% |
| Furniture and vehicles | 24 | €848 | €286 | -€562 | -66.2% |
| Other tangible fixed assets | 26 | €8,411 | €5,164 | -€3,247 | -38.6% |
| Financial fixed assets | 28 | €5,250 | - | -€5,250 | |
| Current assets | 29/58 | €361,174 | €442,931 | +€81,757 | +22.6% |
| Amounts receivable after more than one year | 29 | - | €9,852 | +€9,852 | |
| Other amounts receivable | 291 | - | €9,852 | +€9,852 | |
| Amounts receivable within one year | 40/41 | €35,959 | €33,510 | -€2,449 | -6.8% |
| Trade receivables | 40 | €29,279 | €33,510 | +€4,231 | +14.4% |
| Other amounts receivable | 41 | €6,680 | - | -€6,680 | |
| Cash at bank and in hand | 54/58 | €322,782 | €397,105 | +€74,323 | +23.0% |
| Deferred charges and accrued income | 490/1 | €2,432 | €2,463 | +€31 | +1.3% |
| Total equity and liabilities | 10/49 | €411,422 | €480,358 | +€68,936 | +16.8% |
| Equity | 10/15 | €333,105 | €358,516 | +€25,411 | +7.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €252,250 | €277,661 | +€25,411 | +10.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €250,390 | €275,801 | +€25,411 | +10.1% |
| Profit (loss) carried forward | 14 | €68,455 | €68,455 | = | 0.0% |
| Amounts payable | 17/49 | €78,316 | €121,842 | +€43,525 | +55.6% |
| Amounts payable within one year | 42/48 | €77,324 | €121,042 | +€43,718 | +56.5% |
| Trade debts | 44 | €405 | €1,488 | +€1,083 | +267% |
| Suppliers | 440/4 | €405 | €1,488 | +€1,083 | +267% |
| Taxes, remuneration and social security | 45 | €13,651 | €32,138 | +€18,487 | +135% |
| Taxes | 450/3 | €11,833 | €32,138 | +€20,305 | +172% |
| Remuneration and social security | 454/9 | €1,818 | - | -€1,818 | |
| Other amounts payable | 47/48 | €63,268 | €87,416 | +€24,147 | +38.2% |
| Accrued charges and deferred income | 492/3 | €992 | €800 | -€192 | -19.4% |
| Non-recurring operating income | 76A | €14,471 | - | -€14,471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,389 | €7,571 | +€181 | +2.5% |
| Other operating charges | 640/8 | €4,419 | €2,296 | -€2,122 | -48.0% |
| Gross operating margin | 9900 | €42,944 | €140,013 | +€97,069 | +226% |
| Operating profit (loss) | 9901 | €31,136 | €130,146 | +€99,010 | +318% |
| Financial income | 75/76B | €1,104 | €3,780 | +€2,676 | +242% |
| Recurring financial income | 75 | €1,104 | €3,780 | +€2,676 | +242% |
| Financial charges | 65/66B | €2,505 | €3,858 | +€1,353 | +54.0% |
| Recurring financial charges | 65 | €2,505 | €3,858 | +€1,353 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €29,735 | €130,068 | +€100,333 | +337% |
| Income taxes | 67/77 | €8,650 | €38,824 | +€30,175 | +349% |
| Profit (loss) for the period | 9904 | €21,085 | €91,243 | +€70,158 | +333% |
| Profit (loss) for the period to be appropriated | 9905 | €21,085 | €91,243 | +€70,158 | +333% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.