ORELIA PROPERTIES: 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
ORELIA PROPERTIES
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€303,359
2023 · €184,693-€488,052
Equity
€8.6m
2023 · €8.9m-€303,359
Cash
€2,482
2023 · €1,945+€537
Balance sheet total
€15.9m
2023 · €16.8m-€920,771
Largest movements
Assets
- Tangible fixed assets -€327,901
down €327,901 (-2.2%), from €15.0m to €14.7m
- Financial fixed assets -€318,174
down €318,174 (-91.2%), from €348,997 to €30,822
- Stocks and contracts -€211,138
down €211,138 (-15.5%), from €1.4m to €1.1m
Equity and liabilities
- Short-term financial debts -€536,000
down €536,000 (-6.9%), from €7.8m to €7.3m
- Profit (loss) carried forward -€303,359
down €303,359 (-16.2%), from -€1.9m to -€2.2m
Income statement
- Financial charges -€221,765
down €221,765 (-34.3%), from €646,252 to €424,487
- Turnover -€164,370
down €164,370 (-16.2%), from €1.0m to €851,993
- Depreciation -€122,345
down €122,345 (-27.2%), from €450,246 to €327,901
- Goods and materials +€78,701
up €78,701 (+59.4%), from €132,437 to €211,138
- Financial income +€12,016
up €12,016 (+17.9%), from €67,016 to €79,031
From the 2023 result to the 2024 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 2023
€184,693
Turnover
-€164,370
Goods and materials
-€78,701
Services and other goods
+€1,543
Depreciation
+€122,345
Other operating charges
-€386
Other operating items
-€602,264
Financial income
+€12,016
Financial charges
+€221,765
Result 2024
-€303,359
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€218,363
Investment
+€318,174
Financing
-€536,000
Cash 2023
€1,945
From operations (derived)
+€218,363
Net result for the year
-€303,359
Depreciation
+€327,901
Stocks and contracts
+€211,138
Receivables within one year
+€76,111
Deferred charges and accrued income
-€12,016
Trade debts
-€78,959
Accrued charges and deferred income
-€2,453
Investment (derived)
+€318,174
Investment in fixed assets (net)
+€318,174
Financing
-€536,000
Short-term financial debts
-€536,000
Cash 2024
€2,482
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,801,202 | €15,880,431 | -€920,771 | -5.5% |
| Fixed assets | 21/28 | €15,364,767 | €14,718,692 | -€646,075 | -4.2% |
| Tangible fixed assets | 22/27 | €15,015,770 | €14,687,870 | -€327,901 | -2.2% |
| Land and buildings | 22 | €15,015,770 | €14,687,870 | -€327,901 | -2.2% |
| Financial fixed assets | 28 | €348,997 | €30,822 | -€318,174 | -91.2% |
| Affiliated companies | 280/1 | €348,997 | €30,822 | -€318,174 | -91.2% |
| Amounts receivable | 281 | €348,997 | €30,822 | -€318,174 | -91.2% |
| Current assets | 29/58 | €1,436,435 | €1,161,740 | -€274,696 | -19.1% |
| Stocks and contracts in progress | 3 | €1,358,364 | €1,147,226 | -€211,138 | -15.5% |
| Stocks | 30/36 | €1,358,364 | €1,147,226 | -€211,138 | -15.5% |
| Property held for sale | 35 | €1,358,364 | €1,147,226 | -€211,138 | -15.5% |
| Amounts receivable within one year | 40/41 | €76,111 | - | -€76,111 | |
| Trade receivables | 40 | €76,111 | - | -€76,111 | |
| Cash at bank and in hand | 54/58 | €1,945 | €2,482 | +€537 | +27.6% |
| Deferred charges and accrued income | 490/1 | €16 | €12,031 | +€12,016 | +77271.5% |
| Total equity and liabilities | 10/49 | €16,801,202 | €15,880,431 | -€920,771 | -5.5% |
| Equity | 10/15 | €8,925,144 | €8,621,785 | -€303,359 | -3.4% |
| Contributions | 10/11 | €10,800,000 | €10,800,000 | = | 0.0% |
| Reserves | 13 | €2,310 | €2,310 | = | 0.0% |
| Distributable reserves | 133 | €2,310 | €2,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,877,166 | -€2,180,525 | -€303,359 | -16.2% |
| Amounts payable | 17/49 | €7,876,058 | €7,258,646 | -€617,412 | -7.8% |
| Amounts payable within one year | 42/48 | €7,873,605 | €7,258,646 | -€614,959 | -7.8% |
| Financial debts | 43 | €7,788,500 | €7,252,500 | -€536,000 | -6.9% |
| Credit institutions | 430/8 | €7,788,500 | €7,252,500 | -€536,000 | -6.9% |
| Trade debts | 44 | €85,105 | €6,146 | -€78,959 | -92.8% |
| Suppliers | 440/4 | €85,105 | €6,146 | -€78,959 | -92.8% |
| Accrued charges and deferred income | 492/3 | €2,453 | - | -€2,453 | |
| Operating income | 70/76A | €1,381,027 | €851,993 | -€529,034 | -38.3% |
| Turnover | 70 | €1,016,363 | €851,993 | -€164,370 | -16.2% |
| Non-recurring operating income | 76A | €364,664 | - | -€364,664 | |
| Operating charges | 60/66A | €617,098 | €809,896 | +€192,798 | +31.2% |
| Goods for resale, raw materials and consumables | 60 | €132,437 | €211,138 | +€78,701 | +59.4% |
| Change in stocks: decrease (increase) | 609 | €132,437 | €211,138 | +€78,701 | +59.4% |
| Services and other goods | 61 | €31,990 | €30,447 | -€1,543 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €450,246 | €327,901 | -€122,345 | -27.2% |
| Other operating charges | 640/8 | €2,425 | €2,810 | +€386 | +15.9% |
| Non-recurring operating charges | 66A | - | €237,600 | +€237,600 | |
| Operating profit (loss) | 9901 | €763,930 | €42,097 | -€721,832 | -94.5% |
| Financial income | 75/76B | €67,016 | €79,031 | +€12,016 | +17.9% |
| Recurring financial income | 75 | €67,016 | €79,031 | +€12,016 | +17.9% |
| Income from financial fixed assets | 750 | €16 | €12,031 | +€12,016 | +77271.5% |
| Other financial income | 752/9 | €67,000 | €67,000 | = | 0.0% |
| Financial charges | 65/66B | €646,252 | €424,487 | -€221,765 | -34.3% |
| Recurring financial charges | 65 | €646,252 | €424,487 | -€221,765 | -34.3% |
| Debt charges | 650 | €642,594 | €420,626 | -€221,968 | -34.5% |
| Other financial charges | 652/9 | €3,658 | €3,861 | +€203 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €184,693 | -€303,359 | -€488,052 | |
| Profit (loss) for the period | 9904 | €184,693 | -€303,359 | -€488,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €184,693 | -€303,359 | -€488,052 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.