ORAZ SOLUTION: 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.
ORAZ SOLUTION
Largest movements
- Cash +€33,391
up €33,391 (+189.5%), from €17,622 to €51,013
mainly Net result for the year (+€26,292) and Tax, wage and social debts (+€7,980)
- Tangible fixed assets +€3,850
up €3,850 (+74.3%), from €5,185 to €9,035
of which Furniture and vehicles: +€4,850
- Profit (loss) carried forward +€26,292
up €26,292 (+82.2%), from €31,990 to €58,282
- Tax, wage and social debts +€7,980
up €7,980 (+49.3%), from €16,193 to €24,173
- Trade debts +€4,905
up €4,905 (+88.0%), from €5,575 to €10,479
- Advances received -€2,494
no longer reported in 2025 (was €2,494)
- Staff costs +€3,826
no longer reported in 2025 (was -€3,826)
- Gross operating margin +€1,430
up €1,430 (+3.8%), from €37,737 to €39,167
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 | €62,851 | €100,298 | +€37,447 | +59.6% |
| Fixed assets | 21/28 | €5,548 | €9,398 | +€3,850 | +69.4% |
| Tangible fixed assets | 22/27 | €5,185 | €9,035 | +€3,850 | +74.3% |
| Plant, machinery and equipment | 23 | €3,417 | €2,417 | -€1,000 | -29.3% |
| Furniture and vehicles | 24 | €1,768 | €6,619 | +€4,850 | +274.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €57,303 | €90,899 | +€33,596 | +58.6% |
| Amounts receivable within one year | 40/41 | €39,681 | €39,886 | +€205 | +0.5% |
| Trade receivables | 40 | €39,681 | €39,886 | +€205 | +0.5% |
| Cash at bank and in hand | 54/58 | €17,622 | €51,013 | +€33,391 | +189.5% |
| Total equity and liabilities | 10/49 | €62,851 | €100,298 | +€37,447 | +59.6% |
| Equity | 10/15 | €33,851 | €60,143 | +€26,292 | +77.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,990 | €58,282 | +€26,292 | +82.2% |
| Amounts payable | 17/49 | €29,001 | €40,155 | +€11,154 | +38.5% |
| Amounts payable within one year | 42/48 | €29,001 | €40,155 | +€11,154 | +38.5% |
| Trade debts | 44 | €5,575 | €10,479 | +€4,905 | +88.0% |
| Suppliers | 440/4 | €5,575 | €10,479 | +€4,905 | +88.0% |
| Advances received on contracts in progress | 46 | €2,494 | - | -€2,494 | |
| Taxes, remuneration and social security | 45 | €16,193 | €24,173 | +€7,980 | +49.3% |
| Taxes | 450/3 | €16,193 | €24,173 | +€7,980 | +49.3% |
| Other amounts payable | 47/48 | €4,739 | €5,503 | +€764 | +16.1% |
| Remuneration, social security and pensions | 62 | -€3,826 | - | +€3,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,325 | €4,007 | -€318 | -7.3% |
| Other operating charges | 640/8 | €851 | €528 | -€323 | -37.9% |
| Gross operating margin | 9900 | €37,737 | €39,167 | +€1,430 | +3.8% |
| Operating profit (loss) | 9901 | €36,387 | €34,632 | -€1,755 | -4.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €168 | €139 | -€28 | -16.9% |
| Recurring financial charges | 65 | €168 | €139 | -€28 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €36,219 | €34,492 | -€1,727 | -4.8% |
| Income taxes | 67/77 | €8,296 | €8,200 | -€96 | -1.2% |
| Profit (loss) for the period | 9904 | €27,923 | €26,292 | -€1,631 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,923 | €26,292 | -€1,631 | -5.8% |
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 3 October 2026 via checked.be.