ORBIS: 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.
ORBIS
Largest movements
- Stocks and contracts +€22,904
up €22,904 (+167.4%), from €13,681 to €36,585
- Receivables within one year -€16,127
down €16,127 (-67.4%), from €23,920 to €7,793
of which Other amounts receivable: -€16,127
- Cash -€4,223
down €4,223 (-89.8%), from €4,704 to €481
mainly Net result for the year (-€39,999) and Stocks and contracts (-€22,904)
- Profit (loss) carried forward -€39,999
down €39,999 (-44.7%), from -€89,489 to -€129,488
- Contributions +€20,000
up €20,000 (+20.0%), from €100,000 to €120,000
- Other debts +€19,573
up €19,573 (+109.3%), from €17,901 to €37,474
- Accrued charges and deferred income +€2,557
up €2,557 (+811.7%), from €315 to €2,872
- Trade debts +€908
up €908 (+10.8%), from €8,428 to €9,336
- Write-downs +€19,468
up €19,468 (+73.4%), from €26,516 to €45,984
- Other operating charges +€11,542
up €11,542 (+2190.1%), from €527 to €12,069
- Financial income +€6,037
up €6,037 (+21.9%), from €27,523 to €33,560
- Gross operating margin -€5,009
down €5,009 (-56.5%), from -€8,872 to -€13,881
- Financial charges +€1,077
up €1,077 (+196.5%), from €548 to €1,625
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,155 | €50,194 | +€3,039 | +6.4% |
| Fixed assets | 21/28 | €3 | €3 | = | 0.0% |
| Financial fixed assets | 28 | €3 | €3 | = | 0.0% |
| Current assets | 29/58 | €47,152 | €50,191 | +€3,039 | +6.4% |
| Stocks and contracts in progress | 3 | €13,681 | €36,585 | +€22,904 | +167.4% |
| Stocks | 30/36 | €13,681 | €36,585 | +€22,904 | +167.4% |
| Amounts receivable within one year | 40/41 | €23,920 | €7,793 | -€16,127 | -67.4% |
| Trade receivables | 40 | €2,034 | €2,034 | = | 0.0% |
| Other amounts receivable | 41 | €21,886 | €5,759 | -€16,127 | -73.7% |
| Cash at bank and in hand | 54/58 | €4,704 | €481 | -€4,223 | -89.8% |
| Deferred charges and accrued income | 490/1 | €4,847 | €5,332 | +€485 | +10.0% |
| Total equity and liabilities | 10/49 | €47,155 | €50,194 | +€3,039 | +6.4% |
| Equity | 10/15 | €20,511 | €512 | -€19,999 | -97.5% |
| Contributions | 10/11 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Capital | 10 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Issued capital | 100 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,489 | -€129,488 | -€39,999 | -44.7% |
| Amounts payable | 17/49 | €26,644 | €49,682 | +€23,038 | +86.5% |
| Amounts payable within one year | 42/48 | €26,329 | €46,810 | +€20,481 | +77.8% |
| Trade debts | 44 | €8,428 | €9,336 | +€908 | +10.8% |
| Suppliers | 440/4 | €8,428 | €9,336 | +€908 | +10.8% |
| Other amounts payable | 47/48 | €17,901 | €37,474 | +€19,573 | +109.3% |
| Accrued charges and deferred income | 492/3 | €315 | €2,872 | +€2,557 | +811.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,516 | €45,984 | +€19,468 | +73.4% |
| Other operating charges | 640/8 | €527 | €12,069 | +€11,542 | +2190.1% |
| Gross operating margin | 9900 | -€8,872 | -€13,881 | -€5,009 | -56.5% |
| Operating profit (loss) | 9901 | -€35,915 | -€71,934 | -€36,019 | -100.3% |
| Financial income | 75/76B | €27,523 | €33,560 | +€6,037 | +21.9% |
| Recurring financial income | 75 | €27,523 | €33,560 | +€6,037 | +21.9% |
| Financial charges | 65/66B | €548 | €1,625 | +€1,077 | +196.5% |
| Recurring financial charges | 65 | €548 | €1,625 | +€1,077 | +196.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,940 | -€39,999 | -€31,059 | -347.4% |
| Profit (loss) for the period | 9904 | -€8,940 | -€39,999 | -€31,059 | -347.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,940 | -€39,999 | -€31,059 | -347.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.