ORCHIFLOR: 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.
What changed
ORCHIFLOR
NACE 47.722, Retail trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€64,797
2024 · €48,656+€16,141
Equity
€479,863
2024 · €418,398+€61,465
Cash
€33,268
2024 · €35,870-€2,602
Balance sheet total
€1.6m
2024 · €1.6m+€41,256
Largest movements
Assets
- Tangible fixed assets +€35,083
up €35,083 (+5.2%), from €670,201 to €705,284
of which Land and buildings: +€100,895
Equity and liabilities
- Reserves +€61,465
up €61,465 (+17.4%), from €352,398 to €413,863
- Debts after one year -€36,826
down €36,826 (-4.7%), from €779,170 to €742,344
Income statement
- Gross operating margin +€60,285
up €60,285 (+13.2%), from €456,709 to €516,994
- Financial charges +€17,760
up €17,760 (+64.9%), from €27,385 to €45,144
- Staff costs +€15,457
up €15,457 (+6.7%), from €229,870 to €245,327
- Depreciation +€9,579
up €9,579 (+7.8%), from €122,861 to €132,440
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.
Result 2024
€48,656
Gross operating margin
+€60,285
Staff costs
-€15,457
Depreciation
-€9,579
Other operating charges
+€3,204
Other operating items
-€1,227
Financial income
-€701
Financial charges
-€17,760
Taxes
-€2,624
Result 2025
€64,797
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.
From operations
+€183,480
Investment
-€155,759
Financing
-€30,322
Cash 2024
€35,870
From operations (derived)
+€183,480
Net result for the year
+€64,797
Depreciation
+€132,440
Stocks and contracts
-€7,299
Receivables within one year
-€2,779
Deferred charges and accrued income
-€10,460
Trade debts
+€2,463
Tax, wage and social debts
-€1,762
Other debts
+€5,071
Accrued charges and deferred income
+€1,009
Investment (derived)
-€155,759
Investment in fixed assets (net)
-€167,523
Current investments
+€11,764
Financing
-€30,322
Debts after one year
-€36,826
Current portion of long-term debt
+€9,836
Contributions, distributions and other
-€3,332
Cash 2025
€33,268
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,575,721 | €1,616,977 | +€41,256 | +2.6% |
| Fixed assets | 21/28 | €1,196,820 | €1,231,903 | +€35,083 | +2.9% |
| Tangible fixed assets | 22/27 | €670,201 | €705,284 | +€35,083 | +5.2% |
| Land and buildings | 22 | €450,756 | €551,651 | +€100,895 | +22.4% |
| Plant, machinery and equipment | 23 | €457 | €264 | -€193 | -42.2% |
| Furniture and vehicles | 24 | €125,497 | €74,105 | -€51,392 | -41.0% |
| Other tangible fixed assets | 26 | €93,491 | €79,263 | -€14,227 | -15.2% |
| Financial fixed assets | 28 | €526,619 | €526,619 | = | 0.0% |
| Current assets | 29/58 | €378,901 | €385,074 | +€6,173 | +1.6% |
| Stocks and contracts in progress | 3 | €76,285 | €83,584 | +€7,299 | +9.6% |
| Stocks | 30/36 | €76,285 | €83,584 | +€7,299 | +9.6% |
| Amounts receivable within one year | 40/41 | €191,239 | €194,019 | +€2,779 | +1.5% |
| Trade receivables | 40 | €12,597 | €17,901 | +€5,304 | +42.1% |
| Other amounts receivable | 41 | €178,642 | €176,117 | -€2,525 | -1.4% |
| Current investments | 50/53 | €72,060 | €60,296 | -€11,764 | -16.3% |
| Cash at bank and in hand | 54/58 | €35,870 | €33,268 | -€2,602 | -7.3% |
| Deferred charges and accrued income | 490/1 | €3,447 | €13,907 | +€10,460 | +303.4% |
| Total equity and liabilities | 10/49 | €1,575,721 | €1,616,977 | +€41,256 | +2.6% |
| Equity | 10/15 | €418,398 | €479,863 | +€61,465 | +14.7% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €352,398 | €413,863 | +€61,465 | +17.4% |
| Distributable reserves | 133 | €352,398 | €413,863 | +€61,465 | +17.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,157,323 | €1,137,114 | -€20,209 | -1.7% |
| Amounts payable after more than one year | 17 | €779,170 | €742,344 | -€36,826 | -4.7% |
| Financial debts | 170/4 | €779,170 | €742,344 | -€36,826 | -4.7% |
| Amounts payable within one year | 42/48 | €368,615 | €384,223 | +€15,609 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €145,833 | €155,669 | +€9,836 | +6.7% |
| Trade debts | 44 | €2,058 | €4,521 | +€2,463 | +119.7% |
| Suppliers | 440/4 | €2,058 | €4,521 | +€2,463 | +119.7% |
| Taxes, remuneration and social security | 45 | €64,432 | €62,670 | -€1,762 | -2.7% |
| Taxes | 450/3 | €27,450 | €27,286 | -€164 | -0.6% |
| Remuneration and social security | 454/9 | €36,982 | €35,384 | -€1,598 | -4.3% |
| Other amounts payable | 47/48 | €156,292 | €161,363 | +€5,071 | +3.2% |
| Accrued charges and deferred income | 492/3 | €9,538 | €10,547 | +€1,009 | +10.6% |
| Remuneration, social security and pensions | 62 | €229,870 | €245,327 | +€15,457 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,861 | €132,440 | +€9,579 | +7.8% |
| Other operating charges | 640/8 | €10,357 | €7,153 | -€3,204 | -30.9% |
| Non-recurring operating charges | 66A | - | €1,227 | +€1,227 | |
| Gross operating margin | 9900 | €456,709 | €516,994 | +€60,285 | +13.2% |
| Operating profit (loss) | 9901 | €93,621 | €130,847 | +€37,225 | +39.8% |
| Financial income | 75/76B | €1,633 | €932 | -€701 | -42.9% |
| Recurring financial income | 75 | €1,633 | €932 | -€701 | -42.9% |
| Financial charges | 65/66B | €27,385 | €45,144 | +€17,760 | +64.9% |
| Recurring financial charges | 65 | €27,385 | €45,144 | +€17,760 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €67,869 | €86,634 | +€18,765 | +27.6% |
| Income taxes | 67/77 | €19,214 | €21,837 | +€2,624 | +13.7% |
| Profit (loss) for the period | 9904 | €48,656 | €64,797 | +€16,141 | +33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,656 | €64,797 | +€16,141 | +33.2% |
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 9 October 2026 via checked.be.