ORCHID: 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.
ORCHID
Largest movements
- Receivables within one year +€18,223
up €18,223 (+654%), from €2,786 to €21,008
of which Other amounts receivable: +€13,292
- Cash -€10,459
down €10,459 (-42.8%), from €24,412 to €13,954
mainly Receivables within one year (-€18,223) and Tax, wage and social debts (-€1,797)
- Tangible fixed assets -€521
down €521 (-21.9%), from €2,384 to €1,863
- Reserves +€4,800
up €4,800 (+57.4%), from €8,357 to €13,157
- Trade debts +€2,670
new in 2024: €2,670
- Tax, wage and social debts -€1,797
down €1,797 (-43.9%), from €4,097 to €2,300
- Short-term financial debts +€955
up €955 (+685%), from €139 to €1,095
- Other debts +€939
new in 2024: €939
- Gross operating margin +€5,910
up €5,910 (+215%), from €2,754 to €8,664
- Taxes +€1,303
up €1,303 (+262%), from €497 to €1,800
- Other operating charges +€1,221
up €1,221 (+313%), from €390 to €1,610
- Financial charges +€331
up €331 (+1,016%), from €33 to €363
- Financial income +€211
up €211 (+80.3%), from €263 to €473
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,254 | €37,863 | +€7,609 | +25.2% |
| Fixed assets | 21/28 | €3,056 | €2,535 | -€521 | -17.1% |
| Tangible fixed assets | 22/27 | €2,384 | €1,863 | -€521 | -21.9% |
| Plant, machinery and equipment | 23 | €2,384 | €1,863 | -€521 | -21.9% |
| Financial fixed assets | 28 | €672 | €672 | = | 0.0% |
| Current assets | 29/58 | €27,198 | €35,329 | +€8,131 | +29.9% |
| Amounts receivable within one year | 40/41 | €2,786 | €21,008 | +€18,223 | +654% |
| Trade receivables | 40 | €1,077 | €6,008 | +€4,931 | +458% |
| Other amounts receivable | 41 | €1,708 | €15,000 | +€13,292 | +778% |
| Cash at bank and in hand | 54/58 | €24,412 | €13,954 | -€10,459 | -42.8% |
| Deferred charges and accrued income | 490/1 | - | €367 | +€367 | |
| Total equity and liabilities | 10/49 | €30,254 | €37,863 | +€7,609 | +25.2% |
| Equity | 10/15 | €26,017 | €30,860 | +€4,843 | +18.6% |
| Contributions | 10/11 | €17,660 | €17,660 | = | 0.0% |
| Reserves | 13 | €8,357 | €13,157 | +€4,800 | +57.4% |
| Distributable reserves | 133 | €8,357 | €13,157 | +€4,800 | +57.4% |
| Profit (loss) carried forward | 14 | - | €43 | +€43 | |
| Amounts payable | 17/49 | €4,237 | €7,003 | +€2,767 | +65.3% |
| Amounts payable within one year | 42/48 | €4,237 | €7,003 | +€2,767 | +65.3% |
| Financial debts | 43 | €139 | €1,095 | +€955 | +685% |
| Credit institutions | 430/8 | €139 | €1,095 | +€955 | +685% |
| Trade debts | 44 | - | €2,670 | +€2,670 | |
| Suppliers | 440/4 | - | €2,670 | +€2,670 | |
| Taxes, remuneration and social security | 45 | €4,097 | €2,300 | -€1,797 | -43.9% |
| Taxes | 450/3 | €4,097 | €2,300 | -€1,797 | -43.9% |
| Other amounts payable | 47/48 | - | €939 | +€939 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €628 | €521 | -€107 | -17.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €100 | - | -€100 | |
| Other operating charges | 640/8 | €390 | €1,610 | +€1,221 | +313% |
| Gross operating margin | 9900 | €2,754 | €8,664 | +€5,910 | +215% |
| Operating profit (loss) | 9901 | €1,636 | €6,532 | +€4,896 | +299% |
| Financial income | 75/76B | €263 | €473 | +€211 | +80.3% |
| Recurring financial income | 75 | €263 | €473 | +€211 | +80.3% |
| Financial charges | 65/66B | €33 | €363 | +€331 | +1,016% |
| Recurring financial charges | 65 | €33 | €363 | +€331 | +1,016% |
| Profit (loss) for the period before taxes | 9903 | €1,866 | €6,643 | +€4,776 | +256% |
| Income taxes | 67/77 | €497 | €1,800 | +€1,303 | +262% |
| Profit (loss) for the period | 9904 | €1,369 | €4,843 | +€3,473 | +254% |
| Profit (loss) for the period to be appropriated | 9905 | €1,369 | €4,843 | +€3,473 | +254% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.