ORBATEC SERVICES: 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.
ORBATEC SERVICES
Largest movements
- Current investments +€21,381
new in 2025: €21,381
- Tangible fixed assets -€18,065
down €18,065 (-5.5%), from €331,148 to €313,083
of which Land and buildings: -€10,558
- Cash -€14,257
down €14,257 (-28.5%), from €50,083 to €35,826
mainly Contributions, distributions and other (-€32,079) and Debts after one year (-€28,197)
- Debts after one year -€28,197
down €28,197 (-21.6%), from €130,713 to €102,516
- Reserves +€16,668
up €16,668 (+8.1%), from €204,847 to €221,515
of which Distributable reserves: +€16,668
- Gross operating margin +€25,592
up €25,592 (+36.7%), from €69,811 to €95,403
- Depreciation +€8,567
up €8,567 (+57.7%), from €14,851 to €23,418
- Taxes +€4,514
up €4,514 (+30.9%), from €14,613 to €19,127
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 | €401,503 | €388,579 | -€12,923 | -3.2% |
| Fixed assets | 21/28 | €331,148 | €313,083 | -€18,065 | -5.5% |
| Tangible fixed assets | 22/27 | €331,148 | €313,083 | -€18,065 | -5.5% |
| Land and buildings | 22 | €307,443 | €296,885 | -€10,558 | -3.4% |
| Plant, machinery and equipment | 23 | - | €900 | +€900 | |
| Furniture and vehicles | 24 | €23,705 | €15,298 | -€8,408 | -35.5% |
| Current assets | 29/58 | €70,355 | €75,497 | +€5,142 | +7.3% |
| Amounts receivable within one year | 40/41 | €18,406 | €16,150 | -€2,257 | -12.3% |
| Trade receivables | 40 | €16,647 | €14,374 | -€2,273 | -13.7% |
| Other amounts receivable | 41 | €1,759 | €1,775 | +€16 | +0.9% |
| Current investments | 50/53 | - | €21,381 | +€21,381 | |
| Cash at bank and in hand | 54/58 | €50,083 | €35,826 | -€14,257 | -28.5% |
| Deferred charges and accrued income | 490/1 | €1,866 | €2,139 | +€274 | +14.7% |
| Total equity and liabilities | 10/49 | €401,503 | €388,579 | -€12,923 | -3.2% |
| Equity | 10/15 | €223,447 | €240,115 | +€16,668 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €204,847 | €221,515 | +€16,668 | +8.1% |
| 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 | €202,987 | €219,655 | +€16,668 | +8.2% |
| Amounts payable | 17/49 | €178,056 | €148,464 | -€29,592 | -16.6% |
| Amounts payable after more than one year | 17 | €130,713 | €102,516 | -€28,197 | -21.6% |
| Financial debts | 170/4 | €130,713 | €102,516 | -€28,197 | -21.6% |
| Amounts payable within one year | 42/48 | €47,342 | €45,948 | -€1,395 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €28,108 | €28,197 | +€89 | +0.3% |
| Trade debts | 44 | €1,484 | €2,338 | +€855 | +57.6% |
| Suppliers | 440/4 | €1,484 | €2,338 | +€855 | +57.6% |
| Taxes, remuneration and social security | 45 | €14,528 | €14,912 | +€385 | +2.6% |
| Taxes | 450/3 | €14,528 | €14,912 | +€385 | +2.6% |
| Other amounts payable | 47/48 | €3,223 | €500 | -€2,723 | -84.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,851 | €23,418 | +€8,567 | +57.7% |
| Other operating charges | 640/8 | €1,279 | €1,311 | +€32 | +2.5% |
| Gross operating margin | 9900 | €69,811 | €95,403 | +€25,592 | +36.7% |
| Operating profit (loss) | 9901 | €53,681 | €70,675 | +€16,994 | +31.7% |
| Financial income | 75/76B | €0 | €387 | +€387 | +3867100.0% |
| Recurring financial income | 75 | €0 | €387 | +€387 | +3867100.0% |
| Financial charges | 65/66B | €2,930 | €3,187 | +€257 | +8.8% |
| Recurring financial charges | 65 | €2,930 | €3,187 | +€257 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €50,751 | €67,874 | +€17,123 | +33.7% |
| Income taxes | 67/77 | €14,613 | €19,127 | +€4,514 | +30.9% |
| Profit (loss) for the period | 9904 | €36,138 | €48,747 | +€12,609 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,138 | €48,747 | +€12,609 | +34.9% |
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.