ORCA: 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.
What changed
ORCA
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€121,408
2024 · €791,305-€669,897
Equity
€3.0m
2024 · €2.9m+€121,408
Cash
€1.4m
2024 · €1.1m+€269,333
Balance sheet total
€14.3m
2024 · €12.7m+€1.6m
Largest movements
Assets
- Receivables within one year +€1.3m
up €1.3m (+11.5%), from €11.2m to €12.5m
of which Other amounts receivable: +€3.6m
- Cash +€269,333
up €269,333 (+24.8%), from €1.1m to €1.4m
mainly Short-term financial debts (+€2.7m) and Net result for the year (+€121,408)
Equity and liabilities
- Short-term financial debts +€2.7m
up €2.7m (+56.0%), from €4.8m to €7.5m
- Trade debts -€1.1m
down €1.1m (-22.1%), from €4.8m to €3.7m
- Other debts -€200,000
down €200,000 (-100.0%), from €200,000 to €0
Income statement
- Turnover -€4.8m
down €4.8m (-11.5%), from €41.9m to €37.1m
- Goods and materials -€4.5m
down €4.5m (-12.9%), from €35.0m to €30.5m
of which Purchases: -€4.5m
- Services and other goods +€499,544
up €499,544 (+8.3%), from €6.0m to €6.5m
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.
Result 2024
€791,305
Turnover
-€4.8m
Other operating income
-€12,735
Goods and materials
+€4.5m
Services and other goods
-€499,544
Staff costs
-€35,186
Depreciation
+€20,586
Write-downs
+€4,055
Other operating charges
-€23,440
Financial income
+€84,854
Financial charges
-€47,041
Taxes
+€136,418
Result 2025
€121,408
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.
From operations
-€2.4m
Investment
-€8,875
Financing
+€2.7m
Cash 2024
€1.1m
From operations (derived)
-€2.4m
Net result for the year
+€121,408
Depreciation
+€13,798
Stocks and contracts
+€68,446
Receivables within one year
-€1.3m
Deferred charges and accrued income
-€82,892
Trade debts
-€1.1m
Tax, wage and social debts
-€1,968
Other debts
-€200,000
Investment (derived)
-€8,875
Investment in fixed assets (net)
-€8,875
Financing
+€2.7m
Short-term financial debts
+€2.7m
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,724,012 | €14,290,090 | +€1.6m | +12.3% |
| Fixed assets | 21/28 | €27,299 | €22,376 | -€4,923 | -18.0% |
| Tangible fixed assets | 22/27 | €23,580 | €18,657 | -€4,923 | -20.9% |
| Plant, machinery and equipment | 23 | €23,580 | €18,657 | -€4,923 | -20.9% |
| Financial fixed assets | 28 | €3,719 | €3,719 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,719 | €3,719 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,719 | €3,719 | = | 0.0% |
| Current assets | 29/58 | €12,696,713 | €14,267,714 | +€1.6m | +12.4% |
| Stocks and contracts in progress | 3 | €226,464 | €158,018 | -€68,446 | -30.2% |
| Stocks | 30/36 | €226,464 | €158,018 | -€68,446 | -30.2% |
| Raw materials and consumables | 30/31 | €118,569 | €68,594 | -€49,975 | -42.1% |
| Goods purchased for resale | 34 | €107,895 | €89,424 | -€18,471 | -17.1% |
| Amounts receivable within one year | 40/41 | €11,163,334 | €12,450,556 | +€1.3m | +11.5% |
| Trade receivables | 40 | €5,398,078 | €3,077,174 | -€2.3m | -43.0% |
| Other amounts receivable | 41 | €5,765,256 | €9,373,382 | +€3.6m | +62.6% |
| Cash at bank and in hand | 54/58 | €1,087,470 | €1,356,803 | +€269,333 | +24.8% |
| Deferred charges and accrued income | 490/1 | €219,445 | €302,337 | +€82,892 | +37.8% |
| Total equity and liabilities | 10/49 | €12,724,012 | €14,290,090 | +€1.6m | +12.3% |
| Equity | 10/15 | €2,872,332 | €2,993,740 | +€121,408 | +4.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,810,832 | €2,932,240 | +€121,408 | +4.3% |
| Non-distributable reserves | 130/1 | €73,650 | €73,650 | = | 0.0% |
| Legal reserve | 130 | €73,650 | €73,650 | = | 0.0% |
| Tax-exempt reserves | 132 | €315,750 | €294,700 | -€21,050 | -6.7% |
| Distributable reserves | 133 | €2,421,431 | €2,563,889 | +€142,458 | +5.9% |
| Amounts payable | 17/49 | €9,851,681 | €11,296,351 | +€1.4m | +14.7% |
| Amounts payable within one year | 42/48 | €9,851,681 | €11,296,351 | +€1.4m | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €4,829,962 | €7,535,528 | +€2.7m | +56.0% |
| Credit institutions | 430/8 | €4,829,962 | €7,535,528 | +€2.7m | +56.0% |
| Trade debts | 44 | €4,794,096 | €3,735,167 | -€1.1m | -22.1% |
| Suppliers | 440/4 | €4,794,096 | €3,735,167 | -€1.1m | -22.1% |
| Taxes, remuneration and social security | 45 | €27,623 | €25,655 | -€1,968 | -7.1% |
| Taxes | 450/3 | €391 | €1,454 | +€1,062 | +271.5% |
| Remuneration and social security | 454/9 | €27,232 | €24,202 | -€3,030 | -11.1% |
| Other amounts payable | 47/48 | €200,000 | €0 | -€200,000 | -100.0% |
| Operating income | 70/76A | €42,878,361 | €38,057,337 | -€4.8m | -11.2% |
| Turnover | 70 | €41,943,375 | €37,135,085 | -€4.8m | -11.5% |
| Other operating income | 74 | €934,986 | €922,251 | -€12,735 | -1.4% |
| Operating charges | 60/66A | €41,473,230 | €37,496,334 | -€4.0m | -9.6% |
| Goods for resale, raw materials and consumables | 60 | €34,961,848 | €30,451,423 | -€4.5m | -12.9% |
| Purchases | 600/8 | €34,853,217 | €30,382,977 | -€4.5m | -12.8% |
| Change in stocks: decrease (increase) | 609 | €108,631 | €68,446 | -€40,185 | -37.0% |
| Services and other goods | 61 | €6,043,926 | €6,543,471 | +€499,544 | +8.3% |
| Remuneration, social security and pensions | 62 | €411,428 | €446,614 | +€35,186 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,385 | €13,798 | -€20,586 | -59.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,055 | €0 | -€4,055 | -100.0% |
| Other operating charges | 640/8 | €17,588 | €41,028 | +€23,440 | +133.3% |
| Operating profit (loss) | 9901 | €1,405,131 | €561,003 | -€844,128 | -60.1% |
| Financial income | 75/76B | €86,812 | €171,666 | +€84,854 | +97.7% |
| Recurring financial income | 75 | €86,812 | €171,666 | +€84,854 | +97.7% |
| Income from financial fixed assets | 750 | €75,972 | - | -€75,972 | |
| Income from current assets | 751 | €3,465 | €134,974 | +€131,509 | +3795.3% |
| Other financial income | 752/9 | €7,375 | €36,692 | +€29,317 | +397.5% |
| Financial charges | 65/66B | €500,389 | €547,431 | +€47,041 | +9.4% |
| Recurring financial charges | 65 | €500,389 | €547,431 | +€47,041 | +9.4% |
| Debt charges | 650 | €447,385 | €430,260 | -€17,125 | -3.8% |
| Other financial charges | 652/9 | €53,004 | €117,171 | +€64,166 | +121.1% |
| Profit (loss) for the period before taxes | 9903 | €991,554 | €185,238 | -€806,316 | -81.3% |
| Income taxes | 67/77 | €200,248 | €63,830 | -€136,418 | -68.1% |
| Taxes | 670/3 | €200,248 | €63,830 | -€136,418 | -68.1% |
| Profit (loss) for the period | 9904 | €791,305 | €121,408 | -€669,897 | -84.7% |
| Transfer from tax-exempt reserves | 789 | €0 | €105,250 | +€105,250 | |
| Transfer to tax-exempt reserves | 689 | €0 | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €791,305 | €142,458 | -€648,847 | -82.0% |
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 2 October 2026 via checked.be.