ORCA ATTITUDE: 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.
ORCA ATTITUDE
Largest movements
- Tangible fixed assets -€17,375
down €17,375 (-4.2%), from €412,792 to €395,417
of which Land and buildings: -€11,333
- Debts after one year -€19,741
down €19,741 (-4.9%), from €400,206 to €380,465
of which Financial debts: -€19,741
- Reserves +€8,000
up €8,000 (+32.2%), from €24,860 to €32,860
- Tax, wage and social debts -€7,551
down €7,551 (-25.2%), from €29,905 to €22,354
of which Taxes: -€7,551
- Trade debts -€7,228
down €7,228 (-34.6%), from €20,903 to €13,675
- Current portion of long-term debt +€5,475
up €5,475 (+28.4%), from €19,265 to €24,741
- Gross operating margin +€28,217
up €28,217 (+87.3%), from €32,317 to €60,533
- Taxes +€8,134
up €8,134 (+425%), from €1,916 to €10,050
- Other operating charges +€3,647
up €3,647 (+1,153%), from €316 to €3,963
- Depreciation +€1,031
up €1,031 (+5.8%), from €17,880 to €18,911
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 | €532,028 | €512,682 | -€19,346 | -3.6% |
| Fixed assets | 21/28 | €413,819 | €396,444 | -€17,375 | -4.2% |
| Tangible fixed assets | 22/27 | €412,792 | €395,417 | -€17,375 | -4.2% |
| Land and buildings | 22 | €396,147 | €384,814 | -€11,333 | -2.9% |
| Plant, machinery and equipment | 23 | €6,484 | €3,985 | -€2,499 | -38.5% |
| Furniture and vehicles | 24 | €10,160 | €6,617 | -€3,542 | -34.9% |
| Financial fixed assets | 28 | €1,027 | €1,027 | = | 0.0% |
| Current assets | 29/58 | €118,209 | €116,238 | -€1,971 | -1.7% |
| Amounts receivable within one year | 40/41 | €91,975 | €88,624 | -€3,351 | -3.6% |
| Trade receivables | 40 | €88,012 | €85,859 | -€2,153 | -2.4% |
| Other amounts receivable | 41 | €3,963 | €2,766 | -€1,197 | -30.2% |
| Cash at bank and in hand | 54/58 | €21,448 | €26,675 | +€5,227 | +24.4% |
| Deferred charges and accrued income | 490/1 | €4,787 | €939 | -€3,848 | -80.4% |
| Total equity and liabilities | 10/49 | €532,028 | €512,682 | -€19,346 | -3.6% |
| Equity | 10/15 | €58,458 | €67,001 | +€8,543 | +14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,860 | €32,860 | +€8,000 | +32.2% |
| Distributable reserves | 133 | €24,860 | €32,860 | +€8,000 | +32.2% |
| Profit (loss) carried forward | 14 | €27,398 | €27,941 | +€543 | +2.0% |
| Amounts payable | 17/49 | €473,570 | €445,681 | -€27,889 | -5.9% |
| Amounts payable after more than one year | 17 | €400,206 | €380,465 | -€19,741 | -4.9% |
| Financial debts | 170/4 | €379,206 | €359,465 | -€19,741 | -5.2% |
| Other amounts payable | 178/9 | €21,000 | €21,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,679 | €65,216 | -€6,463 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €19,265 | €24,741 | +€5,475 | +28.4% |
| Financial debts | 43 | €1,584 | €1,623 | +€39 | +2.5% |
| Other loans | 439 | €1,584 | €1,623 | +€39 | +2.5% |
| Trade debts | 44 | €20,903 | €13,675 | -€7,228 | -34.6% |
| Suppliers | 440/4 | €20,903 | €13,675 | -€7,228 | -34.6% |
| Taxes, remuneration and social security | 45 | €29,905 | €22,354 | -€7,551 | -25.2% |
| Taxes | 450/3 | €24,905 | €17,354 | -€7,551 | -30.3% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €22 | €2,823 | +€2,801 | +12,951% |
| Accrued charges and deferred income | 492/3 | €1,685 | - | -€1,685 | |
| Non-recurring operating income | 76A | €4,545 | €870 | -€3,675 | -80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,880 | €18,911 | +€1,031 | +5.8% |
| Other operating charges | 640/8 | €316 | €3,963 | +€3,647 | +1,153% |
| Gross operating margin | 9900 | €32,317 | €60,533 | +€28,217 | +87.3% |
| Operating profit (loss) | 9901 | €14,120 | €37,659 | +€23,538 | +167% |
| Financial income | 75/76B | €20 | €0 | -€20 | -99.9% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -99.9% |
| Financial charges | 65/66B | €10,583 | €11,066 | +€483 | +4.6% |
| Recurring financial charges | 65 | €10,583 | €11,066 | +€483 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €3,558 | €26,593 | +€23,035 | +647% |
| Income taxes | 67/77 | €1,916 | €10,050 | +€8,134 | +425% |
| Profit (loss) for the period | 9904 | €1,642 | €16,543 | +€14,901 | +907% |
| Profit (loss) for the period to be appropriated | 9905 | €1,642 | €16,543 | +€14,901 | +907% |
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 16 October 2026 via checked.be.