ORBIFOLD: 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.
ORBIFOLD
Largest movements
- Cash +€61,711
up €61,711 (+90.7%), from €68,013 to €129,723
mainly Net result for the year (+€79,910) and Other debts (+€41,134)
- Current investments -€25,670
down €25,670 (-19.0%), from €134,986 to €109,316
- Receivables within one year -€7,810
down €7,810 (-23.8%), from €32,810 to €25,000
of which Other amounts receivable: -€9,541
- Tangible fixed assets -€7,577
down €7,577 (-26.1%), from €29,000 to €21,423
of which Furniture and vehicles: -€6,661
- Receivables after one year -€4,422
down €4,422 (-4.7%), from €95,040 to €90,617
- Other debts +€41,134
up €41,134 (+199.7%), from €20,601 to €61,736
- Reserves -€25,372
down €25,372 (-7.8%), from €324,258 to €298,886
of which Distributable reserves: -€25,372
- Gross operating margin +€59,704
up €59,704 (+184.5%), from €32,363 to €92,067
- Financial income +€21,751
up €21,751 (+352.3%), from €6,175 to €27,926
of which Non-recurring financial income: +€21,768
- Taxes +€21,474
up €21,474 (+265.3%), from €8,094 to €29,568
- Depreciation +€975
up €975 (+11.8%), from €8,229 to €9,204
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 | €359,849 | €376,080 | +€16,231 | +4.5% |
| Fixed assets | 21/28 | €29,000 | €21,423 | -€7,577 | -26.1% |
| Tangible fixed assets | 22/27 | €29,000 | €21,423 | -€7,577 | -26.1% |
| Plant, machinery and equipment | 23 | €7,083 | €6,167 | -€917 | -12.9% |
| Furniture and vehicles | 24 | €21,917 | €15,256 | -€6,661 | -30.4% |
| Current assets | 29/58 | €330,849 | €354,657 | +€23,808 | +7.2% |
| Amounts receivable after more than one year | 29 | €95,040 | €90,617 | -€4,422 | -4.7% |
| Other amounts receivable | 291 | €95,040 | €90,617 | -€4,422 | -4.7% |
| Amounts receivable within one year | 40/41 | €32,810 | €25,000 | -€7,810 | -23.8% |
| Trade receivables | 40 | €9,554 | €11,285 | +€1,731 | +18.1% |
| Other amounts receivable | 41 | €23,256 | €13,715 | -€9,541 | -41.0% |
| Current investments | 50/53 | €134,986 | €109,316 | -€25,670 | -19.0% |
| Cash at bank and in hand | 54/58 | €68,013 | €129,723 | +€61,711 | +90.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €359,849 | €376,080 | +€16,231 | +4.5% |
| Equity | 10/15 | €336,658 | €311,286 | -€25,372 | -7.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €324,258 | €298,886 | -€25,372 | -7.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €322,403 | €297,031 | -€25,372 | -7.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,191 | €64,794 | +€41,603 | +179.4% |
| Amounts payable within one year | 42/48 | €23,191 | €64,794 | +€41,603 | +179.4% |
| Trade debts | 44 | - | €483 | +€483 | |
| Suppliers | 440/4 | - | €483 | +€483 | |
| Taxes, remuneration and social security | 45 | €2,590 | €2,576 | -€14 | -0.5% |
| Taxes | 450/3 | €2,590 | €2,576 | -€14 | -0.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,601 | €61,736 | +€41,134 | +199.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,229 | €9,204 | +€975 | +11.8% |
| Other operating charges | 640/8 | €323 | €461 | +€139 | +43.0% |
| Gross operating margin | 9900 | €32,363 | €92,067 | +€59,704 | +184.5% |
| Operating profit (loss) | 9901 | €23,811 | €82,402 | +€58,591 | +246.1% |
| Financial income | 75/76B | €6,175 | €27,926 | +€21,751 | +352.3% |
| Recurring financial income | 75 | €6,175 | €6,158 | -€17 | -0.3% |
| Non-recurring financial income | 76B | - | €21,768 | +€21,768 | |
| Financial charges | 65/66B | €1,058 | €850 | -€208 | -19.6% |
| Recurring financial charges | 65 | €1,058 | €850 | -€208 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €28,928 | €109,478 | +€80,550 | +278.4% |
| Income taxes | 67/77 | €8,094 | €29,568 | +€21,474 | +265.3% |
| Profit (loss) for the period | 9904 | €20,835 | €79,910 | +€59,075 | +283.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,835 | €79,910 | +€59,075 | +283.5% |
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 7 October 2026 via checked.be.