ORCALIS: 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.
ORCALIS
Largest movements
- Cash +€53,839
up €53,839 (+72.6%), from €74,172 to €128,010
mainly Net result for the year (+€63,681) and Tax, wage and social debts (+€4,642)
- Deferred charges and accrued income +€2,253
up €2,253 (+221.2%), from €1,018 to €3,271
- Profit (loss) carried forward +€51,181
up €51,181 (+62.7%), from €81,593 to €132,774
- Tax, wage and social debts +€4,642
up €4,642 (+198.4%), from €2,340 to €6,982
of which Taxes: +€2,342
- Gross operating margin -€4,540
down €4,540 (-5.3%), from €85,414 to €80,873
- Taxes -€1,187
down €1,187 (-6.7%), from €17,636 to €16,449
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 | €85,763 | €141,561 | +€55,797 | +65.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €664 | €1,059 | +€395 | +59.5% |
| Tangible fixed assets | 22/27 | €611 | €1,006 | +€395 | +64.6% |
| Furniture and vehicles | 24 | €611 | €1,006 | +€395 | +64.6% |
| Financial fixed assets | 28 | €53 | €53 | = | 0.0% |
| Current assets | 29/58 | €85,100 | €140,502 | +€55,402 | +65.1% |
| Amounts receivable within one year | 40/41 | €9,910 | €9,220 | -€689 | -7.0% |
| Trade receivables | 40 | €9,560 | €8,319 | -€1,240 | -13.0% |
| Other amounts receivable | 41 | €350 | €901 | +€551 | +157.4% |
| Cash at bank and in hand | 54/58 | €74,172 | €128,010 | +€53,839 | +72.6% |
| Deferred charges and accrued income | 490/1 | €1,018 | €3,271 | +€2,253 | +221.2% |
| Total equity and liabilities | 10/49 | €85,763 | €141,561 | +€55,797 | +65.1% |
| Equity | 10/15 | €83,093 | €134,274 | +€51,181 | +61.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,593 | €132,774 | +€51,181 | +62.7% |
| Amounts payable | 17/49 | €2,670 | €7,286 | +€4,616 | +172.9% |
| Amounts payable within one year | 42/48 | €2,670 | €7,286 | +€4,616 | +172.9% |
| Financial debts | 43 | €24 | €24 | = | 0.0% |
| Credit institutions | 430/8 | €24 | €24 | = | 0.0% |
| Trade debts | 44 | €307 | €258 | -€48 | -15.7% |
| Suppliers | 440/4 | €307 | €258 | -€48 | -15.7% |
| Taxes, remuneration and social security | 45 | €2,340 | €6,982 | +€4,642 | +198.4% |
| Taxes | 450/3 | €2,340 | €4,682 | +€2,342 | +100.1% |
| Remuneration and social security | 454/9 | - | €2,300 | +€2,300 | |
| Other amounts payable | 47/48 | - | €22 | +€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €426 | -€107 | -20.1% |
| Other operating charges | 640/8 | €219 | €193 | -€26 | -12.0% |
| Gross operating margin | 9900 | €85,414 | €80,873 | -€4,540 | -5.3% |
| Operating profit (loss) | 9901 | €84,661 | €80,254 | -€4,407 | -5.2% |
| Financial charges | 65/66B | €61 | €125 | +€63 | +103.5% |
| Recurring financial charges | 65 | €61 | €125 | +€63 | +103.5% |
| Profit (loss) for the period before taxes | 9903 | €84,600 | €80,130 | -€4,470 | -5.3% |
| Income taxes | 67/77 | €17,636 | €16,449 | -€1,187 | -6.7% |
| Profit (loss) for the period | 9904 | €66,964 | €63,681 | -€3,284 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,964 | €63,681 | -€3,284 | -4.9% |
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 4 October 2026 via checked.be.