ORBICON: 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.
ORBICON
Largest movements
- Receivables within one year -€56,144
down €56,144 (-94.2%), from €59,587 to €3,443
of which Other amounts receivable: -€56,224
- Tangible fixed assets -€21,516
down €21,516 (-10.7%), from €200,209 to €178,693
of which Land and buildings: -€19,646
- Other debts -€60,548
down €60,548 (-89.7%), from €67,524 to €6,976
- Profit (loss) carried forward -€11,154
down €11,154 (-7.1%), from €156,344 to €145,190
- Tax, wage and social debts -€3,522
down €3,522 (-99.1%), from €3,554 to €32
- Gross operating margin +€19,470
up €19,470, from -€7,034 to €12,435
- Financial income -€2,947
down €2,947 (-100.0%), from €2,947 to €0
- Depreciation -€974
down €974 (-4.3%), from €22,490 to €21,516
- Taxes +€211
up €211 (+2170.6%), from €10 to €221
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 | €260,490 | €184,352 | -€76,138 | -29.2% |
| Fixed assets | 21/28 | €200,209 | €178,733 | -€21,476 | -10.7% |
| Tangible fixed assets | 22/27 | €200,209 | €178,693 | -€21,516 | -10.7% |
| Land and buildings | 22 | €195,702 | €176,056 | -€19,646 | -10.0% |
| Plant, machinery and equipment | 23 | €3,761 | €2,471 | -€1,290 | -34.3% |
| Furniture and vehicles | 24 | €746 | €166 | -€580 | -77.8% |
| Financial fixed assets | 28 | - | €40 | +€40 | |
| Current assets | 29/58 | €60,281 | €5,619 | -€54,662 | -90.7% |
| Amounts receivable within one year | 40/41 | €59,587 | €3,443 | -€56,144 | -94.2% |
| Trade receivables | 40 | - | €80 | +€80 | |
| Other amounts receivable | 41 | €59,587 | €3,364 | -€56,224 | -94.4% |
| Cash at bank and in hand | 54/58 | €694 | €178 | -€516 | -74.3% |
| Deferred charges and accrued income | 490/1 | - | €1,998 | +€1,998 | |
| Total equity and liabilities | 10/49 | €260,490 | €184,352 | -€76,138 | -29.2% |
| Equity | 10/15 | €187,189 | €176,035 | -€11,154 | -6.0% |
| Contributions | 10/11 | €6,222 | €6,222 | = | 0.0% |
| Reserves | 13 | €24,623 | €24,623 | = | 0.0% |
| Distributable reserves | 133 | €24,623 | €24,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,344 | €145,190 | -€11,154 | -7.1% |
| Amounts payable | 17/49 | €73,301 | €8,317 | -€64,984 | -88.7% |
| Amounts payable within one year | 42/48 | €73,301 | €8,317 | -€64,984 | -88.7% |
| Trade debts | 44 | €2,223 | €1,310 | -€914 | -41.1% |
| Suppliers | 440/4 | €2,223 | €1,310 | -€914 | -41.1% |
| Taxes, remuneration and social security | 45 | €3,554 | €32 | -€3,522 | -99.1% |
| Taxes | 450/3 | €3,554 | €32 | -€3,522 | -99.1% |
| Other amounts payable | 47/48 | €67,524 | €6,976 | -€60,548 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,490 | €21,516 | -€974 | -4.3% |
| Other operating charges | 640/8 | €1,652 | €1,703 | +€50 | +3.1% |
| Gross operating margin | 9900 | -€7,034 | €12,435 | +€19,470 | |
| Operating profit (loss) | 9901 | -€31,176 | -€10,783 | +€20,393 | +65.4% |
| Financial income | 75/76B | €2,947 | €0 | -€2,947 | -100.0% |
| Recurring financial income | 75 | €2,947 | €0 | -€2,947 | -100.0% |
| Financial charges | 65/66B | €258 | €150 | -€109 | -42.1% |
| Recurring financial charges | 65 | €258 | €150 | -€109 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | -€28,487 | -€10,933 | +€17,554 | +61.6% |
| Income taxes | 67/77 | €10 | €221 | +€211 | +2170.6% |
| Profit (loss) for the period | 9904 | -€28,497 | -€11,154 | +€17,343 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,497 | -€11,154 | +€17,343 | +60.9% |
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.