ORCHINA: 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.
ORCHINA
Largest movements
- Cash +€22,591
up €22,591 (+44.6%), from €50,658 to €73,249
mainly Net result for the year (+€61,571) and Depreciation (+€184)
- Receivables within one year +€11,523
up €11,523 (+29.3%), from €39,264 to €50,787
of which Trade receivables: +€13,944
- Profit (loss) carried forward +€61,571
up €61,571, from -€9,080 to €52,492
- Trade debts -€27,159
down €27,159 (-79.4%), from €34,220 to €7,062
- Gross operating margin +€23,303
up €23,303 (+56.2%), from €41,483 to €64,786
- Staff costs -€20,534
down €20,534 (-99.5%), from €20,634 to €100
- Other operating charges -€3,241
down €3,241 (-63.4%), from €5,108 to €1,868
- Depreciation -€820
down €820 (-81.7%), from €1,004 to €184
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 | €95,407 | €129,336 | +€33,930 | +35.6% |
| Fixed assets | 21/28 | €5,330 | €5,146 | -€184 | -3.5% |
| Tangible fixed assets | 22/27 | €184 | - | -€184 | |
| Plant, machinery and equipment | 23 | €184 | - | -€184 | |
| Financial fixed assets | 28 | €5,146 | €5,146 | = | 0.0% |
| Current assets | 29/58 | €90,077 | €124,191 | +€34,114 | +37.9% |
| Stocks and contracts in progress | 3 | €155 | €155 | = | 0.0% |
| Stocks | 30/36 | €155 | €155 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39,264 | €50,787 | +€11,523 | +29.3% |
| Trade receivables | 40 | €16,376 | €30,320 | +€13,944 | +85.1% |
| Other amounts receivable | 41 | €22,888 | €20,467 | -€2,421 | -10.6% |
| Cash at bank and in hand | 54/58 | €50,658 | €73,249 | +€22,591 | +44.6% |
| Total equity and liabilities | 10/49 | €95,407 | €129,336 | +€33,930 | +35.6% |
| Equity | 10/15 | €47,154 | €108,726 | +€61,571 | +130.6% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €19,050 | €19,050 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,688 | €1,688 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,688 | €1,688 | = | 0.0% |
| Distributable reserves | 133 | €17,362 | €17,362 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,080 | €52,492 | +€61,571 | |
| Amounts payable | 17/49 | €48,252 | €20,611 | -€27,642 | -57.3% |
| Amounts payable within one year | 42/48 | €48,252 | €20,611 | -€27,642 | -57.3% |
| Current portion of amounts payable after more than one year | 42 | €9,699 | €9,699 | = | 0.0% |
| Trade debts | 44 | €34,220 | €7,062 | -€27,159 | -79.4% |
| Suppliers | 440/4 | €34,220 | €7,062 | -€27,159 | -79.4% |
| Taxes, remuneration and social security | 45 | €4,333 | €3,851 | -€483 | -11.1% |
| Taxes | 450/3 | €1,063 | €2,476 | +€1,413 | +132.9% |
| Remuneration and social security | 454/9 | €3,270 | €1,375 | -€1,895 | -58.0% |
| Remuneration, social security and pensions | 62 | €20,634 | €100 | -€20,534 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,004 | €184 | -€820 | -81.7% |
| Other operating charges | 640/8 | €5,108 | €1,868 | -€3,241 | -63.4% |
| Gross operating margin | 9900 | €41,483 | €64,786 | +€23,303 | +56.2% |
| Operating profit (loss) | 9901 | €14,736 | €62,634 | +€47,898 | +325.0% |
| Financial charges | 65/66B | €508 | €466 | -€42 | -8.4% |
| Recurring financial charges | 65 | €508 | €466 | -€42 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €14,228 | €62,168 | +€47,941 | +336.9% |
| Income taxes | 67/77 | €256 | €597 | +€341 | +132.9% |
| Profit (loss) for the period | 9904 | €13,971 | €61,571 | +€47,600 | +340.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,971 | €61,571 | +€47,600 | +340.7% |
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 10 October 2026 via checked.be.