OREIKO: 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.
OREIKO
Largest movements
- Receivables within one year -€108,862
down €108,862 (-85.7%), from €127,054 to €18,192
of which Trade receivables: -€56,277
- Stocks and contracts +€83,542
up €83,542 (+82.7%), from €101,004 to €184,546
- Cash -€32,887
down €32,887 (-98.6%), from €33,360 to €473
mainly Stocks and contracts (-€83,542) and Trade debts (-€63,856)
- Deferred charges and accrued income -€30,828
down €30,828 (-82.2%), from €37,504 to €6,677
- Tangible fixed assets -€28,394
down €28,394 (-17.7%), from €160,528 to €132,134
of which Furniture and vehicles: -€14,894
- Trade debts -€63,856
down €63,856 (-80.5%), from €79,323 to €15,467
- Other debts -€61,210
down €61,210 (-19.8%), from €309,764 to €248,554
- Profit (loss) carried forward +€21,185
new in 2025: €21,185
- Tax, wage and social debts -€14,107
down €14,107 (-53.3%), from €26,453 to €12,346
- Debts after one year -€7,533
no longer reported in 2025 (was €7,533)
- Turnover -€50,918
down €50,918 (-13.7%), from €372,970 to €322,052
- Gross operating margin -€29,345
down €29,345 (-34.9%), from €84,004 to €54,659
- Purchases and services -€20,713
down €20,713 (-7.1%), from €291,629 to €270,916
- Depreciation -€13,197
down €13,197 (-31.6%), from €41,787 to €28,589
- Financial income -€7,459
down €7,459 (-38.1%), from €19,566 to €12,107
of which Financial income: -€7,459
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 | €463,242 | €342,022 | -€121,221 | -26.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €160,528 | €132,134 | -€28,394 | -17.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €160,528 | €132,134 | -€28,394 | -17.7% |
| Land and buildings | 22 | €135,025 | €123,169 | -€11,856 | -8.8% |
| Plant, machinery and equipment | 23 | €4,058 | €2,414 | -€1,644 | -40.5% |
| Furniture and vehicles | 24 | €21,446 | €6,551 | -€14,894 | -69.5% |
| Current assets | 29/58 | €302,714 | €209,888 | -€92,827 | -30.7% |
| Stocks and contracts in progress | 3 | €101,004 | €184,546 | +€83,542 | +82.7% |
| Stocks | 30/36 | €101,004 | €184,546 | +€83,542 | +82.7% |
| Amounts receivable within one year | 40/41 | €127,054 | €18,192 | -€108,862 | -85.7% |
| Trade receivables | 40 | €60,708 | €4,431 | -€56,277 | -92.7% |
| Other amounts receivable | 41 | €66,346 | €13,761 | -€52,585 | -79.3% |
| Current investments | 50/53 | €3,791 | - | -€3,791 | |
| Cash at bank and in hand | 54/58 | €33,360 | €473 | -€32,887 | -98.6% |
| Deferred charges and accrued income | 490/1 | €37,504 | €6,677 | -€30,828 | -82.2% |
| Total equity and liabilities | 10/49 | €463,242 | €342,022 | -€121,221 | -26.2% |
| Equity | 10/15 | €36,215 | €57,400 | +€21,185 | +58.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €30,015 | €30,015 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,179 | €5,179 | = | 0.0% |
| Distributable reserves | 133 | €24,216 | €24,216 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €21,185 | +€21,185 | |
| Provisions and deferred taxes | 16 | €3,201 | €3,201 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,553 | €1,553 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,553 | €1,553 | = | 0.0% |
| Deferred taxes | 168 | €1,648 | €1,648 | = | 0.0% |
| Amounts payable | 17/49 | €423,826 | €281,421 | -€142,405 | -33.6% |
| Amounts payable after more than one year | 17 | €7,533 | - | -€7,533 | |
| Financial debts | 170/4 | €7,533 | - | -€7,533 | |
| Amounts payable within one year | 42/48 | €416,293 | €281,421 | -€134,872 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €752 | €5,054 | +€4,301 | +572% |
| Trade debts | 44 | €79,323 | €15,467 | -€63,856 | -80.5% |
| Suppliers | 440/4 | €79,323 | €15,467 | -€63,856 | -80.5% |
| Taxes, remuneration and social security | 45 | €26,453 | €12,346 | -€14,107 | -53.3% |
| Taxes | 450/3 | €26,453 | €12,346 | -€14,107 | -53.3% |
| Other amounts payable | 47/48 | €309,764 | €248,554 | -€61,210 | -19.8% |
| Turnover | 70 | €372,970 | €322,052 | -€50,918 | -13.7% |
| Non-recurring operating income | 76A | - | €71 | +€71 | |
| Goods, raw materials, services and sundry goods | 60/61 | €291,629 | €270,916 | -€20,713 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,787 | €28,589 | -€13,197 | -31.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13 | €22 | +€9 | +66.7% |
| Other operating charges | 640/8 | €2,294 | €1,503 | -€791 | -34.5% |
| Non-recurring operating charges | 66A | - | €849 | +€849 | |
| Gross operating margin | 9900 | €84,004 | €54,659 | -€29,345 | -34.9% |
| Operating profit (loss) | 9901 | €39,909 | €23,695 | -€16,214 | -40.6% |
| Financial income | 75/76B | €19,566 | €12,107 | -€7,459 | -38.1% |
| Recurring financial income | 75 | €19,566 | €12,107 | -€7,459 | -38.1% |
| Non-recurring financial income | 76B | - | €12,107 | +€12,107 | |
| Financial charges | 65/66B | €1,963 | €8,379 | +€6,416 | +327% |
| Recurring financial charges | 65 | €1,963 | €8,379 | +€6,416 | +327% |
| Non-recurring financial charges | 66B | - | €8,379 | +€8,379 | |
| Profit (loss) for the period before taxes | 9903 | €57,513 | €27,424 | -€30,090 | -52.3% |
| Income taxes | 67/77 | €4,118 | €6,239 | +€2,121 | +51.5% |
| Profit (loss) for the period | 9904 | €53,395 | €21,185 | -€32,210 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,395 | €21,185 | -€32,210 | -60.3% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.