ORCADIS: 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.
ORCADIS
Largest movements
- Receivables within one year -€32,045
down €32,045 (-16.3%), from €196,780 to €164,735
of which Trade receivables: -€32,045
- Cash +€2,830
up €2,830 (+525.7%), from €538 to €3,369
mainly Receivables within one year (+€32,045) and Tax, wage and social debts (+€2,989)
- Profit (loss) carried forward -€20,951
down €20,951 (-24.8%), from -€84,349 to -€105,300
- Trade debts -€11,912
down €11,912 (-97.3%), from €12,240 to €328
- Tax, wage and social debts +€2,989
up €2,989 (+5.6%), from €53,633 to €56,622
of which Taxes: +€1,989
- Gross operating margin -€11,379
down €11,379 (-232.0%), from -€4,904 to -€16,282
- Financial charges -€2,798
down €2,798 (-73.4%), from €3,810 to €1,013
- Other operating charges -€181
down €181 (-11.0%), from €1,642 to €1,460
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 | €207,562 | €176,136 | -€31,425 | -15.1% |
| Fixed assets | 21/28 | €8,665 | €6,767 | -€1,897 | -21.9% |
| Tangible fixed assets | 22/27 | €3,795 | €1,897 | -€1,897 | -50.0% |
| Furniture and vehicles | 24 | €3,795 | €1,897 | -€1,897 | -50.0% |
| Financial fixed assets | 28 | €4,870 | €4,870 | = | 0.0% |
| Current assets | 29/58 | €198,897 | €169,369 | -€29,528 | -14.8% |
| Amounts receivable within one year | 40/41 | €196,780 | €164,735 | -€32,045 | -16.3% |
| Trade receivables | 40 | €183,780 | €151,735 | -€32,045 | -17.4% |
| Other amounts receivable | 41 | €13,000 | €13,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €538 | €3,369 | +€2,830 | +525.7% |
| Deferred charges and accrued income | 490/1 | €1,578 | €1,266 | -€313 | -19.8% |
| Total equity and liabilities | 10/49 | €207,562 | €176,136 | -€31,425 | -15.1% |
| Equity | 10/15 | -€76,089 | -€97,040 | -€20,951 | -27.5% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,349 | -€105,300 | -€20,951 | -24.8% |
| Amounts payable | 17/49 | €283,651 | €273,177 | -€10,474 | -3.7% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €133,651 | €123,177 | -€10,474 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €13,000 | €13,000 | = | 0.0% |
| Trade debts | 44 | €12,240 | €328 | -€11,912 | -97.3% |
| Suppliers | 440/4 | €12,240 | €328 | -€11,912 | -97.3% |
| Taxes, remuneration and social security | 45 | €53,633 | €56,622 | +€2,989 | +5.6% |
| Taxes | 450/3 | €2,111 | €4,099 | +€1,989 | +94.2% |
| Remuneration and social security | 454/9 | €51,523 | €52,523 | +€1,000 | +1.9% |
| Other amounts payable | 47/48 | €54,778 | €53,227 | -€1,551 | -2.8% |
| Remuneration, social security and pensions | 62 | €236 | €241 | +€5 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,897 | €1,897 | = | 0.0% |
| Other operating charges | 640/8 | €1,642 | €1,460 | -€181 | -11.0% |
| Gross operating margin | 9900 | -€4,904 | -€16,282 | -€11,379 | -232.0% |
| Operating profit (loss) | 9901 | -€8,679 | -€19,881 | -€11,202 | -129.1% |
| Financial income | 75/76B | €201 | €79 | -€122 | -60.7% |
| Recurring financial income | 75 | €201 | €79 | -€122 | -60.7% |
| Financial charges | 65/66B | €3,810 | €1,013 | -€2,798 | -73.4% |
| Recurring financial charges | 65 | €3,810 | €1,013 | -€2,798 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,288 | -€20,815 | -€8,526 | -69.4% |
| Income taxes | 67/77 | €140 | €137 | -€3 | -2.1% |
| Profit (loss) for the period | 9904 | -€12,428 | -€20,951 | -€8,524 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,428 | -€20,951 | -€8,524 | -68.6% |
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 3 October 2026 via checked.be.