ORBIX REFRACTORIES: what changed
Two financial 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.
ORBIX REFRACTORIES
Largest movements
- Cash +€401,467
up €401,467 (+14.8%), from €2.7m to €3.1m
mainly Trade debts (+€317,086) and Receivables within one year (+€83,762)
- Receivables within one year -€83,762
down €83,762 (-20.8%), from €402,670 to €318,908
of which Other amounts receivable: -€91,324
- Trade debts +€317,086
up €317,086 (+7,800%), from €4,065 to €321,152
- Other operating charges +€514,891
up €514,891 (+2,177%), from €23,652 to €538,542
- Gross operating margin +€440,885
up €440,885 (+386%), from €114,277 to €555,162
- Taxes -€19,800
down €19,800 (-75.2%), from €26,326 to €6,526
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.
Derived cash bridge
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 | €3,143,602 | €3,462,474 | +€318,871 | +10.1% |
| Fixed assets | 21/28 | - | €448 | +€448 | |
| Financial fixed assets | 28 | - | €448 | +€448 | |
| Current assets | 29/58 | €3,143,602 | €3,462,025 | +€318,423 | +10.1% |
| Amounts receivable within one year | 40/41 | €402,670 | €318,908 | -€83,762 | -20.8% |
| Trade receivables | 40 | €19,091 | €26,653 | +€7,562 | +39.6% |
| Other amounts receivable | 41 | €383,579 | €292,255 | -€91,324 | -23.8% |
| Cash at bank and in hand | 54/58 | €2,703,520 | €3,104,987 | +€401,467 | +14.8% |
| Deferred charges and accrued income | 490/1 | €37,412 | €38,130 | +€718 | +1.9% |
| Total equity and liabilities | 10/49 | €3,143,602 | €3,462,474 | +€318,871 | +10.1% |
| Equity | 10/15 | €3,115,279 | €3,133,653 | +€18,374 | +0.6% |
| Contributions | 10/11 | €2,045,122 | €2,045,122 | = | 0.0% |
| Capital | 10 | €2,045,122 | €2,045,122 | = | 0.0% |
| Issued capital | 100 | €2,045,122 | €2,045,122 | = | 0.0% |
| Reserves | 13 | €1,070,157 | €1,088,532 | +€18,374 | +1.7% |
| Non-distributable reserves | 130/1 | €204,512 | €204,512 | = | 0.0% |
| Legal reserve | 130 | €204,512 | €204,512 | = | 0.0% |
| Distributable reserves | 133 | €865,645 | €884,019 | +€18,374 | +2.1% |
| Amounts payable | 17/49 | €28,323 | €328,820 | +€300,497 | +1,061% |
| Amounts payable within one year | 42/48 | €28,323 | €328,820 | +€300,497 | +1,061% |
| Trade debts | 44 | €4,065 | €321,152 | +€317,086 | +7,800% |
| Suppliers | 440/4 | €4,065 | €321,152 | +€317,086 | +7,800% |
| Taxes, remuneration and social security | 45 | €24,258 | €7,669 | -€16,589 | -68.4% |
| Taxes | 450/3 | €24,258 | €7,669 | -€16,589 | -68.4% |
| Other operating charges | 640/8 | €23,652 | €538,542 | +€514,891 | +2,177% |
| Gross operating margin | 9900 | €114,277 | €555,162 | +€440,885 | +386% |
| Operating profit (loss) | 9901 | €90,625 | €16,619 | -€74,006 | -81.7% |
| Financial income | 75/76B | €7,161 | €8,776 | +€1,615 | +22.6% |
| Recurring financial income | 75 | €7,161 | €8,776 | +€1,615 | +22.6% |
| Financial charges | 65/66B | €494 | €495 | +€2 | +0.3% |
| Recurring financial charges | 65 | €494 | €495 | +€2 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €97,293 | €24,900 | -€72,392 | -74.4% |
| Income taxes | 67/77 | €26,326 | €6,526 | -€19,800 | -75.2% |
| Profit (loss) for the period | 9904 | €70,967 | €18,374 | -€52,592 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €70,967 | €18,374 | -€52,592 | -74.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.