Ordin-Access: 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.
Ordin-Access
Largest movements
- Receivables within one year +€146,766
up €146,766 (+62.2%), from €236,063 to €382,828
of which Trade receivables: +€147,256
- Cash +€81,971
up €81,971 (+18.6%), from €440,387 to €522,359
mainly Net result for the year (+€124,203) and Trade debts (+€87,048)
- Stocks and contracts -€79,548
down €79,548 (-73.3%), from €108,584 to €29,037
- Tangible fixed assets -€24,638
down €24,638 (-10.2%), from €242,121 to €217,483
of which Land and buildings: -€14,725
- Trade debts +€87,048
up €87,048 (+27.6%), from €315,499 to €402,547
- Tax, wage and social debts +€65,635
up €65,635 (+325%), from €20,204 to €85,839
of which Taxes: +€61,233
- Reserves -€16,000
down €16,000 (-3.4%), from €472,412 to €456,412
of which Distributable reserves: -€16,000
- Turnover +€166,182
up €166,182 (+9.8%), from €1.7m to €1.9m
- Purchases and services +€95,192
up €95,192 (+6.3%), from €1.5m to €1.6m
- Gross operating margin +€79,557
up €79,557 (+41.5%), from €191,819 to €271,376
- Taxes +€29,165
up €29,165 (+95.0%), from €30,698 to €59,863
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 | €1,027,156 | €1,151,706 | +€124,551 | +12.1% |
| Fixed assets | 21/28 | €242,121 | €217,483 | -€24,638 | -10.2% |
| Tangible fixed assets | 22/27 | €242,121 | €217,483 | -€24,638 | -10.2% |
| Land and buildings | 22 | €206,701 | €191,976 | -€14,725 | -7.1% |
| Plant, machinery and equipment | 23 | €35,106 | €25,507 | -€9,599 | -27.3% |
| Furniture and vehicles | 24 | €315 | - | -€315 | |
| Current assets | 29/58 | €785,034 | €934,223 | +€149,189 | +19.0% |
| Stocks and contracts in progress | 3 | €108,584 | €29,037 | -€79,548 | -73.3% |
| Stocks | 30/36 | €108,584 | €29,037 | -€79,548 | -73.3% |
| Amounts receivable within one year | 40/41 | €236,063 | €382,828 | +€146,766 | +62.2% |
| Trade receivables | 40 | €212,882 | €360,138 | +€147,256 | +69.2% |
| Other amounts receivable | 41 | €23,180 | €22,690 | -€490 | -2.1% |
| Cash at bank and in hand | 54/58 | €440,387 | €522,359 | +€81,971 | +18.6% |
| Total equity and liabilities | 10/49 | €1,027,156 | €1,151,706 | +€124,551 | +12.1% |
| Equity | 10/15 | €539,117 | €523,320 | -€15,797 | -2.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €472,412 | €456,412 | -€16,000 | -3.4% |
| Non-distributable reserves | 130/1 | €94,912 | €94,912 | = | 0.0% |
| Legal reserve | 130 | €94,912 | €94,912 | = | 0.0% |
| Distributable reserves | 133 | €377,500 | €361,500 | -€16,000 | -4.2% |
| Profit (loss) carried forward | 14 | €4,705 | €4,908 | +€203 | +4.3% |
| Amounts payable | 17/49 | €488,038 | €628,386 | +€140,348 | +28.8% |
| Amounts payable within one year | 42/48 | €485,703 | €628,386 | +€142,683 | +29.4% |
| Trade debts | 44 | €315,499 | €402,547 | +€87,048 | +27.6% |
| Suppliers | 440/4 | €315,499 | €402,547 | +€87,048 | +27.6% |
| Taxes, remuneration and social security | 45 | €20,204 | €85,839 | +€65,635 | +325% |
| Taxes | 450/3 | €18,762 | €79,994 | +€61,233 | +326% |
| Remuneration and social security | 454/9 | €1,442 | €5,845 | +€4,402 | +305% |
| Other amounts payable | 47/48 | €150,000 | €140,000 | -€10,000 | -6.7% |
| Accrued charges and deferred income | 492/3 | €2,335 | - | -€2,335 | |
| Turnover | 70 | €1,704,251 | €1,870,433 | +€166,182 | +9.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,521,662 | €1,616,853 | +€95,192 | +6.3% |
| Remuneration, social security and pensions | 62 | €70,737 | €61,342 | -€9,395 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,343 | €24,638 | -€1,705 | -6.5% |
| Other operating charges | 640/8 | €8,194 | €8,568 | +€374 | +4.6% |
| Gross operating margin | 9900 | €191,819 | €271,376 | +€79,557 | +41.5% |
| Operating profit (loss) | 9901 | €86,545 | €176,828 | +€90,283 | +104% |
| Financial income | 75/76B | €10,455 | €8,705 | -€1,750 | -16.7% |
| Recurring financial income | 75 | €10,455 | €8,705 | -€1,750 | -16.7% |
| Financial charges | 65/66B | €1,423 | €1,467 | +€43 | +3.1% |
| Recurring financial charges | 65 | €1,423 | €1,467 | +€43 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €95,576 | €184,066 | +€88,490 | +92.6% |
| Income taxes | 67/77 | €30,698 | €59,863 | +€29,165 | +95.0% |
| Profit (loss) for the period | 9904 | €64,878 | €124,203 | +€59,325 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,878 | €124,203 | +€59,325 | +91.4% |
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 15 October 2026 via checked.be.