ORBITECH: 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.
ORBITECH
Largest movements
- Tangible fixed assets +€47,346
up €47,346 (+22.4%), from €211,739 to €259,085
of which Furniture and vehicles: +€52,898
- Cash -€11,729
down €11,729 (-12.1%), from €97,242 to €85,513
mainly Investment in fixed assets (net) (-€86,627) and Contributions, distributions and other (-€14,830)
- Reserves +€24,059
up €24,059 (+30.1%), from €79,987 to €104,047
of which Distributable reserves: +€24,059
- Current portion of long-term debt +€6,930
up €6,930 (+28.3%), from €24,500 to €31,430
- Debts after one year +€6,487
up €6,487 (+14.5%), from €44,874 to €51,361
- Gross operating margin +€15,053
up €15,053 (+18.2%), from €82,593 to €97,646
- Taxes +€3,143
up €3,143 (+28.3%), from €11,111 to €14,253
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 | €335,438 | €373,887 | +€38,448 | +11.5% |
| Fixed assets | 21/28 | €221,899 | €269,245 | +€47,346 | +21.3% |
| Tangible fixed assets | 22/27 | €211,739 | €259,085 | +€47,346 | +22.4% |
| Land and buildings | 22 | €130,762 | €125,209 | -€5,553 | -4.2% |
| Furniture and vehicles | 24 | €80,977 | €133,875 | +€52,898 | +65.3% |
| Financial fixed assets | 28 | €10,160 | €10,160 | = | 0.0% |
| Current assets | 29/58 | €113,539 | €104,642 | -€8,897 | -7.8% |
| Amounts receivable within one year | 40/41 | €16,297 | €18,883 | +€2,586 | +15.9% |
| Trade receivables | 40 | €12,040 | €17,805 | +€5,765 | +47.9% |
| Other amounts receivable | 41 | €4,257 | €1,079 | -€3,179 | -74.7% |
| Cash at bank and in hand | 54/58 | €97,242 | €85,513 | -€11,729 | -12.1% |
| Deferred charges and accrued income | 490/1 | - | €245 | +€245 | |
| Total equity and liabilities | 10/49 | €335,438 | €373,887 | +€38,448 | +11.5% |
| Equity | 10/15 | €257,212 | €281,271 | +€24,059 | +9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €79,987 | €104,047 | +€24,059 | +30.1% |
| Tax-exempt reserves | 132 | €4,689 | €4,689 | = | 0.0% |
| Distributable reserves | 133 | €75,299 | €99,358 | +€24,059 | +32.0% |
| Profit (loss) carried forward | 14 | €171,025 | €171,025 | = | 0.0% |
| Amounts payable | 17/49 | €78,226 | €92,615 | +€14,389 | +18.4% |
| Amounts payable after more than one year | 17 | €44,874 | €51,361 | +€6,487 | +14.5% |
| Financial debts | 170/4 | €44,874 | €51,361 | +€6,487 | +14.5% |
| Amounts payable within one year | 42/48 | €32,688 | €40,289 | +€7,601 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €24,500 | €31,430 | +€6,930 | +28.3% |
| Trade debts | 44 | €2,940 | €1,557 | -€1,384 | -47.1% |
| Suppliers | 440/4 | €2,940 | €1,557 | -€1,384 | -47.1% |
| Taxes, remuneration and social security | 45 | €5,242 | €7,302 | +€2,061 | +39.3% |
| Taxes | 450/3 | €5,242 | €7,302 | +€2,061 | +39.3% |
| Other amounts payable | 47/48 | €6 | - | -€6 | |
| Accrued charges and deferred income | 492/3 | €664 | €966 | +€302 | +45.5% |
| Non-recurring operating income | 76A | €20,365 | €32,500 | +€12,135 | +59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,665 | €39,281 | -€384 | -1.0% |
| Other operating charges | 640/8 | €1,923 | €1,965 | +€41 | +2.1% |
| Non-recurring operating charges | 66A | €2,053 | €1,017 | -€1,035 | -50.4% |
| Gross operating margin | 9900 | €82,593 | €97,646 | +€15,053 | +18.2% |
| Operating profit (loss) | 9901 | €38,952 | €55,383 | +€16,430 | +42.2% |
| Financial income | 75/76B | €654 | €664 | +€9 | +1.4% |
| Recurring financial income | 75 | €654 | €664 | +€9 | +1.4% |
| Financial charges | 65/66B | €2,337 | €2,903 | +€566 | +24.2% |
| Recurring financial charges | 65 | €2,337 | €2,903 | +€566 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €37,270 | €53,143 | +€15,873 | +42.6% |
| Income taxes | 67/77 | €11,111 | €14,253 | +€3,143 | +28.3% |
| Profit (loss) for the period | 9904 | €26,159 | €38,889 | +€12,731 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,159 | €38,889 | +€12,731 | +48.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.