ORCHIS: 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.
ORCHIS
Largest movements
- Stocks and contracts +€8,801
up €8,801 (+11.1%), from €79,288 to €88,089
- Tangible fixed assets +€6,634
up €6,634 (+14.8%), from €44,789 to €51,423
of which Plant, machinery and equipment: +€5,974
- Receivables within one year -€3,642
down €3,642 (-7.5%), from €48,669 to €45,027
of which Trade receivables: -€4,926
- Cash +€2,379
up €2,379 (+12.4%), from €19,210 to €21,589
mainly Net result for the year (+€21,114) and Depreciation (+€5,170)
- Profit (loss) carried forward +€21,114
up €21,114 (+33.0%), from €63,889 to €85,003
- Current portion of long-term debt -€8,488
no longer reported in 2025 (was €8,488)
- Tax, wage and social debts +€2,146
up €2,146 (+16.8%), from €12,805 to €14,952
of which Taxes: +€1,821
- Depreciation -€13,837
down €13,837 (-72.8%), from €19,007 to €5,170
- Gross operating margin -€6,466
down €6,466 (-4.6%), from €141,544 to €135,078
- Staff costs +€5,626
up €5,626 (+6.4%), from €87,356 to €92,982
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 | €193,707 | €207,858 | +€14,151 | +7.3% |
| Fixed assets | 21/28 | €44,920 | €51,554 | +€6,634 | +14.8% |
| Tangible fixed assets | 22/27 | €44,789 | €51,423 | +€6,634 | +14.8% |
| Land and buildings | 22 | €42,531 | €40,239 | -€2,292 | -5.4% |
| Plant, machinery and equipment | 23 | €2,258 | €8,232 | +€5,974 | +264.5% |
| Furniture and vehicles | 24 | - | €2,952 | +€2,952 | |
| Financial fixed assets | 28 | €131 | €131 | = | 0.0% |
| Current assets | 29/58 | €148,787 | €156,304 | +€7,517 | +5.1% |
| Stocks and contracts in progress | 3 | €79,288 | €88,089 | +€8,801 | +11.1% |
| Stocks | 30/36 | €79,288 | €88,089 | +€8,801 | +11.1% |
| Amounts receivable within one year | 40/41 | €48,669 | €45,027 | -€3,642 | -7.5% |
| Trade receivables | 40 | €9,254 | €4,328 | -€4,926 | -53.2% |
| Other amounts receivable | 41 | €39,415 | €40,699 | +€1,284 | +3.3% |
| Cash at bank and in hand | 54/58 | €19,210 | €21,589 | +€2,379 | +12.4% |
| Deferred charges and accrued income | 490/1 | €1,620 | €1,599 | -€20 | -1.3% |
| Total equity and liabilities | 10/49 | €193,707 | €207,858 | +€14,151 | +7.3% |
| Equity | 10/15 | €156,449 | €177,563 | +€21,114 | +13.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €67,560 | €67,560 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,700 | €15,700 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,889 | €85,003 | +€21,114 | +33.0% |
| Amounts payable | 17/49 | €37,258 | €30,296 | -€6,963 | -18.7% |
| Amounts payable within one year | 42/48 | €37,258 | €29,187 | -€8,071 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €8,488 | - | -€8,488 | |
| Trade debts | 44 | €15,965 | €14,236 | -€1,729 | -10.8% |
| Suppliers | 440/4 | €15,965 | €14,236 | -€1,729 | -10.8% |
| Taxes, remuneration and social security | 45 | €12,805 | €14,952 | +€2,146 | +16.8% |
| Taxes | 450/3 | €3,040 | €4,861 | +€1,821 | +59.9% |
| Remuneration and social security | 454/9 | €9,766 | €10,091 | +€325 | +3.3% |
| Accrued charges and deferred income | 492/3 | - | €1,108 | +€1,108 | |
| Remuneration, social security and pensions | 62 | €87,356 | €92,982 | +€5,626 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,007 | €5,170 | -€13,837 | -72.8% |
| Other operating charges | 640/8 | €2,571 | €2,717 | +€146 | +5.7% |
| Non-recurring operating charges | 66A | - | €3,240 | +€3,240 | |
| Gross operating margin | 9900 | €141,544 | €135,078 | -€6,466 | -4.6% |
| Operating profit (loss) | 9901 | €32,609 | €30,969 | -€1,640 | -5.0% |
| Financial income | 75/76B | €1,908 | €2,103 | +€195 | +10.2% |
| Recurring financial income | 75 | €1,908 | €2,103 | +€195 | +10.2% |
| Financial charges | 65/66B | €3,048 | €2,562 | -€486 | -15.9% |
| Recurring financial charges | 65 | €3,048 | €2,562 | -€486 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €31,469 | €30,510 | -€960 | -3.0% |
| Income taxes | 67/77 | €9,032 | €9,396 | +€364 | +4.0% |
| Profit (loss) for the period | 9904 | €22,437 | €21,114 | -€1,323 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,437 | €21,114 | -€1,323 | -5.9% |
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.