ORBITZ: 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.
ORBITZ
Largest movements
- Tangible fixed assets -€34,297
down €34,297 (-7.2%), from €476,827 to €442,531
of which Land and buildings: -€34,127
- Receivables within one year -€6,541
down €6,541 (-72.3%), from €9,041 to €2,500
of which Other amounts receivable: -€8,541
- Cash -€5,849
down €5,849 (-79.6%), from €7,345 to €1,496
mainly Other debts (-€28,540) and Debts after one year (-€15,496)
- Reserves -€53,205
down €53,205 (-13.4%), from €398,434 to €345,229
of which Distributable reserves: -€51,345
- Profit (loss) carried forward +€51,480
up €51,480 (+94.4%), from -€54,544 to -€3,065
- Other debts -€28,540
down €28,540 (-26.9%), from €106,058 to €77,518
- Debts after one year -€15,496
down €15,496 (-74.8%), from €20,730 to €5,233
- Gross operating margin +€48,733
up €48,733, from -€6,406 to €42,326
- Other operating charges -€3,774
down €3,774 (-51.2%), from €7,372 to €3,599
- Financial charges -€758
down €758 (-46.2%), from €1,641 to €883
of which Financial charges: -€747
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 | €494,836 | €447,525 | -€47,310 | -9.6% |
| Fixed assets | 21/28 | €476,827 | €442,531 | -€34,297 | -7.2% |
| Tangible fixed assets | 22/27 | €476,827 | €442,531 | -€34,297 | -7.2% |
| Land and buildings | 22 | €462,954 | €428,827 | -€34,127 | -7.4% |
| Furniture and vehicles | 24 | €13,874 | €13,704 | -€170 | -1.2% |
| Current assets | 29/58 | €18,008 | €4,995 | -€13,014 | -72.3% |
| Amounts receivable within one year | 40/41 | €9,041 | €2,500 | -€6,541 | -72.3% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €9,041 | €500 | -€8,541 | -94.5% |
| Cash at bank and in hand | 54/58 | €7,345 | €1,496 | -€5,849 | -79.6% |
| Deferred charges and accrued income | 490/1 | €1,622 | €999 | -€624 | -38.4% |
| Total equity and liabilities | 10/49 | €494,836 | €447,525 | -€47,310 | -9.6% |
| Equity | 10/15 | €350,090 | €348,365 | -€1,725 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €398,434 | €345,229 | -€53,205 | -13.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €396,574 | €345,229 | -€51,345 | -12.9% |
| Profit (loss) carried forward | 14 | -€54,544 | -€3,065 | +€51,480 | +94.4% |
| Amounts payable | 17/49 | €144,746 | €99,161 | -€45,585 | -31.5% |
| Amounts payable after more than one year | 17 | €20,730 | €5,233 | -€15,496 | -74.8% |
| Financial debts | 170/4 | €20,730 | €5,233 | -€15,496 | -74.8% |
| Amounts payable within one year | 42/48 | €123,753 | €93,885 | -€29,869 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €15,193 | €15,496 | +€303 | +2.0% |
| Trade debts | 44 | €2,502 | €807 | -€1,696 | -67.8% |
| Suppliers | 440/4 | €2,502 | €807 | -€1,696 | -67.8% |
| Taxes, remuneration and social security | 45 | - | €64 | +€64 | |
| Taxes | 450/3 | - | €64 | +€64 | |
| Other amounts payable | 47/48 | €106,058 | €77,518 | -€28,540 | -26.9% |
| Accrued charges and deferred income | 492/3 | €263 | €43 | -€221 | -83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,125 | €39,517 | +€392 | +1.0% |
| Other operating charges | 640/8 | €7,372 | €3,599 | -€3,774 | -51.2% |
| Gross operating margin | 9900 | -€6,406 | €42,326 | +€48,733 | |
| Operating profit (loss) | 9901 | -€52,903 | -€789 | +€52,114 | +98.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,641 | €883 | -€758 | -46.2% |
| Recurring financial charges | 65 | €1,631 | €883 | -€747 | -45.8% |
| Non-recurring financial charges | 66B | €10 | - | -€10 | |
| Profit (loss) for the period before taxes | 9903 | -€54,544 | -€1,673 | +€52,872 | +96.9% |
| Income taxes | 67/77 | - | €53 | +€53 | |
| Profit (loss) for the period | 9904 | -€54,544 | -€1,725 | +€52,819 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,544 | -€1,725 | +€52,819 | +96.8% |
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 3 October 2026 via checked.be.