ORBI: 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.
ORBI
Largest movements
- Current investments +€109,870
new in 2025: €109,870
- Receivables within one year -€23,329
down €23,329 (-26.6%), from €87,806 to €64,478
of which Trade receivables: -€28,847
- Cash +€8,001
up €8,001 (+13.7%), from €58,217 to €66,218
mainly Other debts (+€52,718) and Net result for the year (+€24,001)
- Tangible fixed assets -€7,115
down €7,115 (-36.3%), from €19,580 to €12,465
- Deferred charges and accrued income -€4,263
down €4,263 (-58.4%), from €7,302 to €3,039
- Other debts +€52,718
up €52,718 (+241.8%), from €21,805 to €74,523
- Reserves +€24,001
up €24,001 (+31.1%), from €77,273 to €101,274
- Tax, wage and social debts +€11,683
up €11,683 (+33.1%), from €35,283 to €46,966
- Trade debts -€5,122
down €5,122 (-95.3%), from €5,376 to €254
- Gross operating margin -€49,279
down €49,279 (-32.2%), from €152,841 to €103,562
- Financial charges +€17,972
up €17,972 (+43.4%), from €41,391 to €59,363
- Taxes -€15,674
down €15,674 (-59.8%), from €26,200 to €10,526
- Depreciation +€2,233
up €2,233 (+34.0%), from €6,572 to €8,805
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 | €172,905 | €256,069 | +€83,164 | +48.1% |
| Fixed assets | 21/28 | €19,580 | €12,465 | -€7,115 | -36.3% |
| Tangible fixed assets | 22/27 | €19,580 | €12,465 | -€7,115 | -36.3% |
| Furniture and vehicles | 24 | €19,580 | €12,465 | -€7,115 | -36.3% |
| Current assets | 29/58 | €153,325 | €243,604 | +€90,279 | +58.9% |
| Amounts receivable within one year | 40/41 | €87,806 | €64,478 | -€23,329 | -26.6% |
| Trade receivables | 40 | €87,806 | €58,959 | -€28,847 | -32.9% |
| Other amounts receivable | 41 | €0 | €5,518 | +€5,518 | |
| Current investments | 50/53 | - | €109,870 | +€109,870 | |
| Cash at bank and in hand | 54/58 | €58,217 | €66,218 | +€8,001 | +13.7% |
| Deferred charges and accrued income | 490/1 | €7,302 | €3,039 | -€4,263 | -58.4% |
| Total equity and liabilities | 10/49 | €172,905 | €256,069 | +€83,164 | +48.1% |
| Equity | 10/15 | €108,223 | €132,224 | +€24,001 | +22.2% |
| Contributions | 10/11 | €30,950 | €30,950 | = | 0.0% |
| Reserves | 13 | €77,273 | €101,274 | +€24,001 | +31.1% |
| Distributable reserves | 133 | €77,273 | €101,274 | +€24,001 | +31.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,682 | €123,845 | +€59,163 | +91.5% |
| Amounts payable within one year | 42/48 | €62,464 | €121,743 | +€59,279 | +94.9% |
| Trade debts | 44 | €5,376 | €254 | -€5,122 | -95.3% |
| Suppliers | 440/4 | €5,376 | €254 | -€5,122 | -95.3% |
| Taxes, remuneration and social security | 45 | €35,283 | €46,966 | +€11,683 | +33.1% |
| Taxes | 450/3 | €35,283 | €46,966 | +€11,683 | +33.1% |
| Other amounts payable | 47/48 | €21,805 | €74,523 | +€52,718 | +241.8% |
| Accrued charges and deferred income | 492/3 | €2,217 | €2,101 | -€116 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,572 | €8,805 | +€2,233 | +34.0% |
| Other operating charges | 640/8 | €1,407 | €1,209 | -€199 | -14.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €152,841 | €103,562 | -€49,279 | -32.2% |
| Operating profit (loss) | 9901 | €144,861 | €93,548 | -€51,313 | -35.4% |
| Financial income | 75/76B | €3 | €341 | +€338 | +11023.5% |
| Recurring financial income | 75 | €3 | €341 | +€338 | +11023.5% |
| Financial charges | 65/66B | €41,391 | €59,363 | +€17,972 | +43.4% |
| Recurring financial charges | 65 | €41,391 | €59,363 | +€17,972 | +43.4% |
| Profit (loss) for the period before taxes | 9903 | €103,473 | €34,527 | -€68,946 | -66.6% |
| Income taxes | 67/77 | €26,200 | €10,526 | -€15,674 | -59.8% |
| Profit (loss) for the period | 9904 | €77,273 | €24,001 | -€53,272 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,273 | €24,001 | -€53,272 | -68.9% |
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.