ORDAFLEX: 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
ORDAFLEX
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€36,737
2024 · €35,343+€1,394
Equity
€181,893
2024 · €170,677+€11,216
Cash
€78,853
2024 · €75,251+€3,602
Balance sheet total
€513,000
2024 · €521,921-€8,921
Largest movements
Assets
- Tangible fixed assets -€11,273
down €11,273 (-2.7%), from €419,062 to €407,789
of which Land and buildings: -€11,455
Equity and liabilities
- Debts after one year -€26,450
down €26,450 (-9.2%), from €287,345 to €260,895
- Reserves +€11,216
up €11,216 (+9.3%), from €120,953 to €132,169
- Tax, wage and social debts +€11,151
up €11,151 (+206%), from €5,409 to €16,559
Income statement
- Financial charges -€1,317
down €1,317 (-16.0%), from €8,233 to €6,916
- Gross operating margin +€1,122
up €1,122 (+1.5%), from €72,596 to €73,717
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
€35,343
Gross operating margin
+€1,122
Depreciation
-€470
Other operating charges
-€154
Financial income
+€170
Financial charges
+€1,317
Taxes
-€590
Result 2025
€36,737
raises the resultlowers the result
Derived cash bridge
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
+€56,868
Investment
-€1,670
Financing
-€51,596
Cash 2024
€75,251
From operations (derived)
+€56,868
Net result for the year
+€36,737
Depreciation
+€12,943
Receivables within one year
+€1,251
Trade debts
-€1,605
Tax, wage and social debts
+€11,151
Other debts
-€3,608
Investment (derived)
-€1,670
Investment in fixed assets (net)
-€1,670
Financing
-€51,596
Debts after one year
-€26,450
Current portion of long-term debt
+€375
Contributions, distributions and other
-€25,521
Cash 2025
€78,853
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €521,921 | €513,000 | -€8,921 | -1.7% |
| Fixed assets | 21/28 | €419,752 | €408,479 | -€11,273 | -2.7% |
| Tangible fixed assets | 22/27 | €419,062 | €407,789 | -€11,273 | -2.7% |
| Land and buildings | 22 | €416,082 | €404,627 | -€11,455 | -2.8% |
| Plant, machinery and equipment | 23 | €1,470 | €925 | -€545 | -37.1% |
| Furniture and vehicles | 24 | €1,510 | €2,237 | +€727 | +48.2% |
| Financial fixed assets | 28 | €690 | €690 | = | 0.0% |
| Current assets | 29/58 | €102,170 | €104,522 | +€2,352 | +2.3% |
| Amounts receivable within one year | 40/41 | €23,506 | €22,255 | -€1,251 | -5.3% |
| Trade receivables | 40 | €15,930 | €16,399 | +€469 | +2.9% |
| Other amounts receivable | 41 | €7,576 | €5,857 | -€1,719 | -22.7% |
| Cash at bank and in hand | 54/58 | €75,251 | €78,853 | +€3,602 | +4.8% |
| Deferred charges and accrued income | 490/1 | €3,413 | €3,413 | = | 0.0% |
| Total equity and liabilities | 10/49 | €521,921 | €513,000 | -€8,921 | -1.7% |
| Equity | 10/15 | €170,677 | €181,893 | +€11,216 | +6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €120,953 | €132,169 | +€11,216 | +9.3% |
| Distributable reserves | 133 | €120,953 | €132,169 | +€11,216 | +9.3% |
| Profit (loss) carried forward | 14 | €43,525 | €43,525 | = | 0.0% |
| Amounts payable | 17/49 | €351,244 | €331,107 | -€20,137 | -5.7% |
| Amounts payable after more than one year | 17 | €287,345 | €260,895 | -€26,450 | -9.2% |
| Financial debts | 170/4 | €287,345 | €260,895 | -€26,450 | -9.2% |
| Amounts payable within one year | 42/48 | €63,299 | €69,612 | +€6,313 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €26,075 | €26,450 | +€375 | +1.4% |
| Trade debts | 44 | €2,687 | €1,082 | -€1,605 | -59.7% |
| Suppliers | 440/4 | €2,687 | €1,082 | -€1,605 | -59.7% |
| Taxes, remuneration and social security | 45 | €5,409 | €16,559 | +€11,151 | +206% |
| Taxes | 450/3 | €5,409 | €16,559 | +€11,151 | +206% |
| Other amounts payable | 47/48 | €29,129 | €25,521 | -€3,608 | -12.4% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,473 | €12,943 | +€470 | +3.8% |
| Other operating charges | 640/8 | €1,821 | €1,975 | +€154 | +8.4% |
| Gross operating margin | 9900 | €72,596 | €73,717 | +€1,122 | +1.5% |
| Operating profit (loss) | 9901 | €58,301 | €58,799 | +€498 | +0.9% |
| Financial income | 75/76B | €234 | €404 | +€170 | +72.5% |
| Recurring financial income | 75 | €234 | €404 | +€170 | +72.5% |
| Financial charges | 65/66B | €8,233 | €6,916 | -€1,317 | -16.0% |
| Recurring financial charges | 65 | €8,233 | €6,916 | -€1,317 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €50,303 | €52,287 | +€1,984 | +3.9% |
| Income taxes | 67/77 | €14,960 | €15,550 | +€590 | +3.9% |
| Profit (loss) for the period | 9904 | €35,343 | €36,737 | +€1,394 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,343 | €36,737 | +€1,394 | +3.9% |
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 14 October 2026 via checked.be.