ORCHIQUE: 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.
ORCHIQUE
Largest movements
- Cash +€30,209
up €30,209 (+406.8%), from €7,425 to €37,634
mainly Depreciation (+€19,817) and Advances received (+€12,841)
- Receivables within one year -€8,432
down €8,432 (-45.1%), from €18,676 to €10,244
of which Trade receivables: -€4,680
- Tangible fixed assets +€5,183
up €5,183 (+6.9%), from €75,213 to €80,395
of which Plant, machinery and equipment: +€22,764
- Deferred charges and accrued income -€3,908
down €3,908 (-100.0%), from €3,908 to €0
- Advances received +€12,841
up €12,841 (+1948.1%), from €659 to €13,500
- Profit (loss) carried forward +€11,403
up €11,403, from -€3,789 to €7,615
- Current portion of long-term debt +€4,059
up €4,059 (+24.6%), from €16,473 to €20,532
- Tax, wage and social debts -€3,342
down €3,342 (-62.4%), from €5,357 to €2,014
of which Taxes: -€4,324
- Accrued charges and deferred income -€3,051
down €3,051 (-50.7%), from €6,013 to €2,962
- Gross operating margin +€18,970
up €18,970 (+94.9%), from €19,989 to €38,958
- Depreciation +€3,048
up €3,048 (+18.2%), from €16,770 to €19,817
- Staff costs +€826
up €826 (+272.4%), from €303 to €1,129
- Financial charges -€563
down €563 (-10.5%), from €5,363 to €4,801
- Taxes +€471
up €471, from -€34 to €436
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.
Cash bridge derived
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 | €105,222 | €128,274 | +€23,052 | +21.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €75,213 | €80,395 | +€5,183 | +6.9% |
| Tangible fixed assets | 22/27 | €75,213 | €80,395 | +€5,183 | +6.9% |
| Plant, machinery and equipment | 23 | €2,248 | €25,012 | +€22,764 | +1012.6% |
| Furniture and vehicles | 24 | €72,965 | €55,383 | -€17,582 | -24.1% |
| Current assets | 29/58 | €30,009 | €47,878 | +€17,869 | +59.5% |
| Amounts receivable within one year | 40/41 | €18,676 | €10,244 | -€8,432 | -45.1% |
| Trade receivables | 40 | €14,663 | €9,983 | -€4,680 | -31.9% |
| Other amounts receivable | 41 | €4,013 | €261 | -€3,752 | -93.5% |
| Cash at bank and in hand | 54/58 | €7,425 | €37,634 | +€30,209 | +406.8% |
| Deferred charges and accrued income | 490/1 | €3,908 | €0 | -€3,908 | -100.0% |
| Total equity and liabilities | 10/49 | €105,222 | €128,274 | +€23,052 | +21.9% |
| Equity | 10/15 | €20,581 | €31,985 | +€11,403 | +55.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €9,370 | €9,370 | = | 0.0% |
| Distributable reserves | 133 | €9,370 | €9,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,789 | €7,615 | +€11,403 | |
| Amounts payable | 17/49 | €84,641 | €96,289 | +€11,648 | +13.8% |
| Amounts payable after more than one year | 17 | €56,139 | €55,299 | -€840 | -1.5% |
| Financial debts | 170/4 | €56,139 | €55,299 | -€840 | -1.5% |
| Amounts payable within one year | 42/48 | €22,488 | €38,028 | +€15,539 | +69.1% |
| Current portion of amounts payable after more than one year | 42 | €16,473 | €20,532 | +€4,059 | +24.6% |
| Trade debts | 44 | - | €1,982 | +€1,982 | |
| Suppliers | 440/4 | - | €1,982 | +€1,982 | |
| Advances received on contracts in progress | 46 | €659 | €13,500 | +€12,841 | +1948.1% |
| Taxes, remuneration and social security | 45 | €5,357 | €2,014 | -€3,342 | -62.4% |
| Taxes | 450/3 | €5,357 | €1,033 | -€4,324 | -80.7% |
| Remuneration and social security | 454/9 | - | €982 | +€982 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €6,013 | €2,962 | -€3,051 | -50.7% |
| Remuneration, social security and pensions | 62 | €303 | €1,129 | +€826 | +272.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,770 | €19,817 | +€3,048 | +18.2% |
| Other operating charges | 640/8 | €1,415 | €1,372 | -€43 | -3.0% |
| Gross operating margin | 9900 | €19,989 | €38,958 | +€18,970 | +94.9% |
| Operating profit (loss) | 9901 | €1,502 | €16,641 | +€15,139 | +1008.2% |
| Financial income | 75/76B | €39 | €0 | -€39 | -100.0% |
| Recurring financial income | 75 | €39 | €0 | -€39 | -100.0% |
| Financial charges | 65/66B | €5,363 | €4,801 | -€563 | -10.5% |
| Recurring financial charges | 65 | €5,363 | €4,801 | -€563 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,823 | €11,840 | +€15,663 | |
| Income taxes | 67/77 | -€34 | €436 | +€471 | |
| Profit (loss) for the period | 9904 | -€3,789 | €11,403 | +€15,192 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,789 | €11,403 | +€15,192 |
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 11 October 2026 via checked.be.