ORDEO: 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.
ORDEO
Largest movements
- Cash -€34,441
no longer reported in 2025 (was €34,441)
mainly Receivables within one year (-€34,404) and Net result for the year (-€68)
- Receivables within one year +€34,404
up €34,404 (+125.6%), from €27,403 to €61,807
of which Other amounts receivable: +€33,373
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€9,971
no longer reported in 2025 (was €9,971)
- Gross operating margin +€1,936
up €1,936, from -€1,907 to €29
- Depreciation -€284
down €284 (-74.5%), from €381 to €97
- Financial charges -€168
no longer reported in 2025 (was €168)
- Financial income -€21
no longer reported in 2025 (was €21)
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 | €61,941 | €61,807 | -€134 | -0.2% |
| Fixed assets | 21/28 | €97 | - | -€97 | |
| Tangible fixed assets | 22/27 | €97 | - | -€97 | |
| Furniture and vehicles | 24 | €97 | - | -€97 | |
| Current assets | 29/58 | €61,843 | €61,807 | -€37 | -0.1% |
| Amounts receivable within one year | 40/41 | €27,403 | €61,807 | +€34,404 | +125.6% |
| Trade receivables | 40 | €22,486 | €23,517 | +€1,031 | +4.6% |
| Other amounts receivable | 41 | €4,917 | €38,290 | +€33,373 | +678.7% |
| Cash at bank and in hand | 54/58 | €34,441 | - | -€34,441 | |
| Total equity and liabilities | 10/49 | €61,941 | €61,807 | -€134 | -0.2% |
| Equity | 10/15 | €55,934 | €55,866 | -€68 | -0.1% |
| Contributions | 10/11 | €49,500 | €49,500 | = | 0.0% |
| Reserves | 13 | €6,434 | €6,366 | -€68 | -1.1% |
| Distributable reserves | 133 | €6,434 | €6,366 | -€68 | -1.1% |
| Amounts payable | 17/49 | €6,006 | €5,941 | -€66 | -1.1% |
| Amounts payable within one year | 42/48 | €6,006 | €5,941 | -€66 | -1.1% |
| Trade debts | 44 | €145 | €79 | -€66 | -45.4% |
| Suppliers | 440/4 | €145 | €79 | -€66 | -45.4% |
| Taxes, remuneration and social security | 45 | €2,075 | €2,075 | = | 0.0% |
| Taxes | 450/3 | €2,075 | €2,075 | = | 0.0% |
| Other amounts payable | 47/48 | €3,787 | €3,787 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €381 | €97 | -€284 | -74.5% |
| Other operating charges | 640/8 | €9,971 | - | -€9,971 | |
| Gross operating margin | 9900 | -€1,907 | €29 | +€1,936 | |
| Operating profit (loss) | 9901 | -€12,259 | -€68 | +€12,191 | +99.4% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €168 | - | -€168 | |
| Recurring financial charges | 65 | €168 | - | -€168 | |
| Profit (loss) for the period before taxes | 9903 | -€12,407 | -€68 | +€12,339 | +99.5% |
| Profit (loss) for the period | 9904 | -€12,407 | -€68 | +€12,339 | +99.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,407 | -€68 | +€12,339 | +99.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.