ORCA GRAPHICS: 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.
ORCA GRAPHICS
Largest movements
- Cash +€36,564
up €36,564 (+37.0%), from €98,695 to €135,259
mainly Provisions (+€91,413) and Trade debts (+€70,894)
- Tangible fixed assets -€25,783
down €25,783 (-16.0%), from €160,790 to €135,007
- Receivables within one year +€21,098
up €21,098 (+20.2%), from €104,562 to €125,660
of which Trade receivables: +€14,018
- Profit (loss) carried forward -€101,408
down €101,408 (-64.7%), from €156,804 to €55,396
- Provisions +€91,413
new in 2025: €91,413
- Trade debts +€70,894
up €70,894 (+244.9%), from €28,944 to €99,838
- Debts after one year -€21,087
down €21,087 (-23.4%), from €90,044 to €68,957
- Tax, wage and social debts -€5,663
down €5,663 (-30.4%), from €18,651 to €12,988
of which Remuneration and social security: -€4,697
- Provisions +€91,413
new in 2025: €91,413
- Gross operating margin -€28,410
down €28,410 (-20.8%), from €136,757 to €108,348
- Staff costs -€20,258
down €20,258 (-21.1%), from €96,154 to €75,896
- Other operating charges -€7,267
down €7,267 (-83.2%), from €8,732 to €1,465
- Depreciation +€6,395
up €6,395 (+28.3%), from €22,561 to €28,956
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 | €370,146 | €401,942 | +€31,796 | +8.6% |
| Fixed assets | 21/28 | €163,377 | €135,445 | -€27,932 | -17.1% |
| Intangible fixed assets | 21 | €2,587 | €438 | -€2,149 | -83.1% |
| Tangible fixed assets | 22/27 | €160,790 | €135,007 | -€25,783 | -16.0% |
| Land and buildings | 22 | €87,356 | €77,020 | -€10,337 | -11.8% |
| Plant, machinery and equipment | 23 | €19,704 | €15,794 | -€3,910 | -19.8% |
| Furniture and vehicles | 24 | €53,730 | €42,193 | -€11,537 | -21.5% |
| Current assets | 29/58 | €206,768 | €266,497 | +€59,728 | +28.9% |
| Amounts receivable within one year | 40/41 | €104,562 | €125,660 | +€21,098 | +20.2% |
| Trade receivables | 40 | €104,562 | €118,580 | +€14,018 | +13.4% |
| Other amounts receivable | 41 | €0 | €7,080 | +€7,080 | |
| Cash at bank and in hand | 54/58 | €98,695 | €135,259 | +€36,564 | +37.0% |
| Deferred charges and accrued income | 490/1 | €3,512 | €5,578 | +€2,067 | +58.9% |
| Total equity and liabilities | 10/49 | €370,146 | €401,942 | +€31,796 | +8.6% |
| Equity | 10/15 | €205,579 | €104,171 | -€101,408 | -49.3% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €28,943 | €28,943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €28,943 | €28,943 | = | 0.0% |
| Reserves not available under the articles | 1311 | €28,943 | €28,943 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €156,804 | €55,396 | -€101,408 | -64.7% |
| Provisions and deferred taxes | 16 | - | €91,413 | +€91,413 | |
| Provisions for liabilities and charges | 160/5 | - | €91,413 | +€91,413 | |
| Other liabilities and charges | 164/5 | - | €91,413 | +€91,413 | |
| Amounts payable | 17/49 | €164,567 | €206,358 | +€41,791 | +25.4% |
| Amounts payable after more than one year | 17 | €90,044 | €68,957 | -€21,087 | -23.4% |
| Financial debts | 170/4 | €90,044 | €68,957 | -€21,087 | -23.4% |
| Amounts payable within one year | 42/48 | €74,522 | €137,401 | +€62,879 | +84.4% |
| Current portion of amounts payable after more than one year | 42 | €21,043 | €21,946 | +€903 | +4.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €28,944 | €99,838 | +€70,894 | +244.9% |
| Suppliers | 440/4 | €28,944 | €99,838 | +€70,894 | +244.9% |
| Taxes, remuneration and social security | 45 | €18,651 | €12,988 | -€5,663 | -30.4% |
| Taxes | 450/3 | €3,265 | €2,300 | -€965 | -29.6% |
| Remuneration and social security | 454/9 | €15,385 | €10,688 | -€4,697 | -30.5% |
| Other amounts payable | 47/48 | €5,884 | €2,629 | -€3,255 | -55.3% |
| Non-recurring operating income | 76A | €6,324 | €0 | -€6,324 | -100.0% |
| Remuneration, social security and pensions | 62 | €96,154 | €75,896 | -€20,258 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,561 | €28,956 | +€6,395 | +28.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €1,482 | +€1,482 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €91,413 | +€91,413 | |
| Other operating charges | 640/8 | €8,732 | €1,465 | -€7,267 | -83.2% |
| Non-recurring operating charges | 66A | €8,877 | €1,285 | -€7,592 | -85.5% |
| Gross operating margin | 9900 | €136,757 | €108,348 | -€28,410 | -20.8% |
| Operating profit (loss) | 9901 | €434 | -€92,149 | -€92,583 | |
| Financial income | 75/76B | €0 | €77 | +€77 | |
| Recurring financial income | 75 | €0 | €77 | +€77 | |
| Financial charges | 65/66B | €6,852 | €9,336 | +€2,484 | +36.3% |
| Recurring financial charges | 65 | €6,852 | €9,336 | +€2,484 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,418 | -€101,408 | -€94,990 | -1480.0% |
| Profit (loss) for the period | 9904 | -€6,418 | -€101,408 | -€94,990 | -1480.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,418 | -€101,408 | -€94,990 | -1480.0% |
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 1 October 2026 via checked.be.