ORBIX SOLUTIONS: 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.
ORBIX SOLUTIONS
Largest movements
- Current investments -€4.9m
down €4.9m (-48.8%), from €10.0m to €5.1m
- Cash +€3.7m
up €3.7m (+47.8%), from €7.7m to €11.4m
mainly Current investments (+€4.9m) and Depreciation (+€955,432)
- Deferred charges and accrued income +€655,813
up €655,813 (+186.8%), from €351,057 to €1.0m
- Tangible fixed assets +€383,738
up €383,738 (+9.9%), from €3.9m to €4.3m
of which Furniture and vehicles: +€509,065
- Stocks and contracts +€301,776
up €301,776 (+61.2%), from €493,305 to €795,080
- Reserves +€854,483
up €854,483 (+3.6%), from €23.8m to €24.7m
of which Distributable reserves: +€846,929
- Tax, wage and social debts -€361,027
down €361,027 (-63.3%), from €569,951 to €208,924
of which Taxes: -€358,392
- Other operating charges +€619,757
up €619,757 (+127.0%), from €487,865 to €1.1m
- Staff costs +€429,760
up €429,760 (+16.3%), from €2.6m to €3.1m
- Gross operating margin +€335,063
up €335,063 (+5.9%), from €5.6m to €6.0m
- Taxes -€329,154
down €329,154 (-84.3%), from €390,678 to €61,524
- Depreciation -€148,105
down €148,105 (-13.4%), from €1.1m to €955,432
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 | €25,914,912 | €26,469,643 | +€554,732 | +2.1% |
| Fixed assets | 21/28 | €5,411,142 | €5,795,392 | +€384,251 | +7.1% |
| Intangible fixed assets | 21 | €79,694 | €80,206 | +€513 | +0.6% |
| Tangible fixed assets | 22/27 | €3,866,278 | €4,250,016 | +€383,738 | +9.9% |
| Land and buildings | 22 | €2,499,517 | €2,558,504 | +€58,986 | +2.4% |
| Plant, machinery and equipment | 23 | €1,084,464 | €900,151 | -€184,313 | -17.0% |
| Furniture and vehicles | 24 | €282,296 | €791,361 | +€509,065 | +180.3% |
| Financial fixed assets | 28 | €1,465,170 | €1,465,170 | = | 0.0% |
| Current assets | 29/58 | €20,503,770 | €20,674,251 | +€170,481 | +0.8% |
| Amounts receivable after more than one year | 29 | - | €227,954 | +€227,954 | |
| Other amounts receivable | 291 | - | €227,954 | +€227,954 | |
| Stocks and contracts in progress | 3 | €493,305 | €795,080 | +€301,776 | +61.2% |
| Stocks | 30/36 | €493,305 | €795,080 | +€301,776 | +61.2% |
| Amounts receivable within one year | 40/41 | €1,884,660 | €2,069,100 | +€184,440 | +9.8% |
| Trade receivables | 40 | €1,817,308 | €2,015,200 | +€197,892 | +10.9% |
| Other amounts receivable | 41 | €67,352 | €53,900 | -€13,452 | -20.0% |
| Current investments | 50/53 | €10,033,500 | €5,137,461 | -€4.9m | -48.8% |
| Cash at bank and in hand | 54/58 | €7,741,249 | €11,437,786 | +€3.7m | +47.8% |
| Deferred charges and accrued income | 490/1 | €351,057 | €1,006,870 | +€655,813 | +186.8% |
| Total equity and liabilities | 10/49 | €25,914,912 | €26,469,643 | +€554,732 | +2.1% |
| Equity | 10/15 | €23,850,197 | €24,704,680 | +€854,483 | +3.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €23,830,197 | €24,684,680 | +€854,483 | +3.6% |
| Tax-exempt reserves | 132 | €31,527 | €39,081 | +€7,554 | +24.0% |
| Distributable reserves | 133 | €23,798,670 | €24,645,599 | +€846,929 | +3.6% |
| Provisions and deferred taxes | 16 | €10,509 | €13,027 | +€2,518 | +24.0% |
| Deferred taxes | 168 | €10,509 | €13,027 | +€2,518 | +24.0% |
| Amounts payable | 17/49 | €2,054,205 | €1,751,936 | -€302,270 | -14.7% |
| Amounts payable within one year | 42/48 | €2,054,205 | €1,749,936 | -€304,270 | -14.8% |
| Trade debts | 44 | €1,454,508 | €1,523,204 | +€68,697 | +4.7% |
| Suppliers | 440/4 | €1,454,508 | €1,523,204 | +€68,697 | +4.7% |
| Taxes, remuneration and social security | 45 | €569,951 | €208,924 | -€361,027 | -63.3% |
| Taxes | 450/3 | €358,437 | €45 | -€358,392 | -100.0% |
| Remuneration and social security | 454/9 | €211,513 | €208,879 | -€2,634 | -1.2% |
| Other amounts payable | 47/48 | €29,747 | €17,807 | -€11,940 | -40.1% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Non-recurring operating income | 76A | €193,590 | €163,000 | -€30,590 | -15.8% |
| Remuneration, social security and pensions | 62 | €2,634,645 | €3,064,405 | +€429,760 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,103,537 | €955,432 | -€148,105 | -13.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €53,518 | €0 | -€53,518 | -100.0% |
| Other operating charges | 640/8 | €487,865 | €1,107,622 | +€619,757 | +127.0% |
| Gross operating margin | 9900 | €5,636,064 | €5,971,127 | +€335,063 | +5.9% |
| Operating profit (loss) | 9901 | €1,356,499 | €843,667 | -€512,832 | -37.8% |
| Financial income | 75/76B | €168,787 | €163,546 | -€5,241 | -3.1% |
| Recurring financial income | 75 | €168,787 | €163,546 | -€5,241 | -3.1% |
| Financial charges | 65/66B | €87,895 | €88,688 | +€793 | +0.9% |
| Recurring financial charges | 65 | €87,895 | €88,688 | +€793 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €1,437,390 | €918,525 | -€518,865 | -36.1% |
| Transfer from deferred taxes | 780 | €313 | €732 | +€419 | +133.5% |
| Transfer to deferred taxes | 680 | €10,823 | €3,250 | -€7,573 | -70.0% |
| Income taxes | 67/77 | €390,678 | €61,524 | -€329,154 | -84.3% |
| Profit (loss) for the period | 9904 | €1,036,203 | €854,483 | -€181,720 | -17.5% |
| Transfer from tax-exempt reserves | 789 | €940 | €2,196 | +€1,255 | +133.5% |
| Transfer to tax-exempt reserves | 689 | €32,468 | €9,750 | -€22,718 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,004,676 | €846,929 | -€157,747 | -15.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.