ORDIGESTION: 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.
ORDIGESTION
Largest movements
- Receivables within one year +€64,382
up €64,382 (+1,472%), from €4,375 to €68,758
of which Trade receivables: +€61,499
- Stocks and contracts +€20,929
up €20,929 (+46.4%), from €45,123 to €66,052
- Cash +€12,230
up €12,230 (+23.0%), from €53,201 to €65,432
mainly Trade debts (+€80,298) and Net result for the year (+€28,836)
- Deferred charges and accrued income -€3,320
down €3,320 (-25.7%), from €12,924 to €9,604
- Trade debts +€80,298
up €80,298 (+1,198%), from €6,703 to €87,001
- Tax, wage and social debts +€8,767
up €8,767 (+52.0%), from €16,871 to €25,638
of which Taxes: +€6,061
- Other debts +€5,460
up €5,460 (+36.1%), from €15,120 to €20,580
- Gross operating margin -€7,533
down €7,533 (-7.9%), from €94,799 to €87,267
- Other operating charges -€4,799
down €4,799 (-93.6%), from €5,125 to €326
- Financial charges +€4,241
up €4,241 (+76.1%), from €5,572 to €9,813
of which Financial charges: +€3,422
- Taxes -€1,500
down €1,500 (-21.7%), from €6,900 to €5,400
- Staff costs +€961
up €961 (+2.5%), from €38,468 to €39,429
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,938 | €218,857 | +€93,920 | +75.2% |
| Fixed assets | 21/28 | €9,314 | €9,012 | -€303 | -3.2% |
| Tangible fixed assets | 22/27 | €6,649 | €6,347 | -€303 | -4.5% |
| Furniture and vehicles | 24 | €6,649 | €3,753 | -€2,896 | -43.6% |
| Other tangible fixed assets | 26 | - | €2,594 | +€2,594 | |
| Financial fixed assets | 28 | €2,665 | €2,665 | = | 0.0% |
| Current assets | 29/58 | €115,624 | €209,846 | +€94,222 | +81.5% |
| Stocks and contracts in progress | 3 | €45,123 | €66,052 | +€20,929 | +46.4% |
| Stocks | 30/36 | €45,123 | €66,052 | +€20,929 | +46.4% |
| Amounts receivable within one year | 40/41 | €4,375 | €68,758 | +€64,382 | +1,472% |
| Trade receivables | 40 | €4,256 | €65,755 | +€61,499 | +1,445% |
| Other amounts receivable | 41 | €120 | €3,003 | +€2,883 | +2,413% |
| Cash at bank and in hand | 54/58 | €53,201 | €65,432 | +€12,230 | +23.0% |
| Deferred charges and accrued income | 490/1 | €12,924 | €9,604 | -€3,320 | -25.7% |
| Total equity and liabilities | 10/49 | €124,938 | €218,857 | +€93,920 | +75.2% |
| Equity | 10/15 | €86,202 | €85,638 | -€564 | -0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €919 | €919 | = | 0.0% |
| Non-distributable reserves | 130/1 | €919 | €919 | = | 0.0% |
| Reserves not available under the articles | 1311 | €919 | €919 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,684 | €66,120 | -€564 | -0.8% |
| Amounts payable | 17/49 | €38,735 | €133,219 | +€94,484 | +244% |
| Amounts payable within one year | 42/48 | €38,735 | €133,219 | +€94,484 | +244% |
| Trade debts | 44 | €6,703 | €87,001 | +€80,298 | +1,198% |
| Suppliers | 440/4 | €6,703 | €87,001 | +€80,298 | +1,198% |
| Advances received on contracts in progress | 46 | €41 | - | -€41 | |
| Taxes, remuneration and social security | 45 | €16,871 | €25,638 | +€8,767 | +52.0% |
| Taxes | 450/3 | €13,905 | €19,967 | +€6,061 | +43.6% |
| Remuneration and social security | 454/9 | €2,965 | €5,671 | +€2,706 | +91.3% |
| Other amounts payable | 47/48 | €15,120 | €20,580 | +€5,460 | +36.1% |
| Non-recurring operating income | 76A | €7,318 | - | -€7,318 | |
| Remuneration, social security and pensions | 62 | €38,468 | €39,429 | +€961 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,204 | €3,463 | +€258 | +8.1% |
| Other operating charges | 640/8 | €5,125 | €326 | -€4,799 | -93.6% |
| Gross operating margin | 9900 | €94,799 | €87,267 | -€7,533 | -7.9% |
| Operating profit (loss) | 9901 | €48,002 | €44,049 | -€3,953 | -8.2% |
| Financial charges | 65/66B | €5,572 | €9,813 | +€4,241 | +76.1% |
| Recurring financial charges | 65 | €5,572 | €8,994 | +€3,422 | +61.4% |
| Non-recurring financial charges | 66B | - | €819 | +€819 | |
| Profit (loss) for the period before taxes | 9903 | €42,431 | €34,236 | -€8,195 | -19.3% |
| Income taxes | 67/77 | €6,900 | €5,400 | -€1,500 | -21.7% |
| Profit (loss) for the period | 9904 | €35,531 | €28,836 | -€6,695 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,531 | €28,836 | -€6,695 | -18.8% |
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 28 October 2026 via checked.be.