Orelium: 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.
Orelium
Largest movements
- Receivables after one year +€48,799
new in 2025: €48,799
- Receivables within one year -€38,122
no longer reported in 2025 (was €38,122)
of which Trade receivables: -€34,696
- Cash -€34,579
down €34,579 (-95.3%), from €36,286 to €1,707
mainly Tax, wage and social debts (-€51,728) and Receivables after one year (-€48,799)
- Tangible fixed assets -€10,231
down €10,231 (-9.9%), from €103,661 to €93,430
of which Furniture and vehicles: -€10,870
- Financial fixed assets -€4,090
down €4,090 (-2.6%), from €158,678 to €154,588
- Tax, wage and social debts -€51,728
down €51,728 (-78.6%), from €65,791 to €14,063
- Other debts +€43,095
up €43,095 (+5978.3%), from €721 to €43,816
- Reserves -€23,960
down €23,960 (-10.4%), from €230,137 to €206,177
- Trade debts -€5,832
down €5,832 (-16.1%), from €36,300 to €30,468
- Gross operating margin -€2,911
down €2,911 (-11.7%), from €24,787 to €21,876
- Taxes -€1,063
down €1,063 (-29.0%), from €3,663 to €2,600
- Financial income -€427
down €427 (-98.4%), from €434 to €7
- Financial charges +€424
up €424 (+232.2%), from €182 to €606
of which Financial charges: +€422
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 | €336,949 | €298,524 | -€38,425 | -11.4% |
| Formation expenses | 20 | €201 | - | -€201 | |
| Fixed assets | 21/28 | €262,339 | €248,018 | -€14,321 | -5.5% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €103,661 | €93,430 | -€10,231 | -9.9% |
| Land and buildings | 22 | €78,548 | €78,198 | -€350 | -0.4% |
| Plant, machinery and equipment | 23 | €0 | €989 | +€989 | |
| Furniture and vehicles | 24 | €25,113 | €14,243 | -€10,870 | -43.3% |
| Financial fixed assets | 28 | €158,678 | €154,588 | -€4,090 | -2.6% |
| Current assets | 29/58 | €74,409 | €50,506 | -€23,903 | -32.1% |
| Amounts receivable after more than one year | 29 | - | €48,799 | +€48,799 | |
| Trade receivables | 290 | - | €48,799 | +€48,799 | |
| Amounts receivable within one year | 40/41 | €38,122 | - | -€38,122 | |
| Trade receivables | 40 | €34,696 | - | -€34,696 | |
| Other amounts receivable | 41 | €3,426 | - | -€3,426 | |
| Cash at bank and in hand | 54/58 | €36,286 | €1,707 | -€34,579 | -95.3% |
| Total equity and liabilities | 10/49 | €336,949 | €298,524 | -€38,425 | -11.4% |
| Equity | 10/15 | €234,137 | €210,177 | -€23,960 | -10.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €230,137 | €206,177 | -€23,960 | -10.4% |
| Distributable reserves | 133 | €230,137 | €206,177 | -€23,960 | -10.4% |
| Amounts payable | 17/49 | €102,812 | €88,347 | -€14,465 | -14.1% |
| Amounts payable within one year | 42/48 | €102,812 | €88,347 | -€14,465 | -14.1% |
| Trade debts | 44 | €36,300 | €30,468 | -€5,832 | -16.1% |
| Suppliers | 440/4 | €36,300 | €30,468 | -€5,832 | -16.1% |
| Taxes, remuneration and social security | 45 | €65,791 | €14,063 | -€51,728 | -78.6% |
| Taxes | 450/3 | €65,791 | €14,063 | -€51,728 | -78.6% |
| Other amounts payable | 47/48 | €721 | €43,816 | +€43,095 | +5978.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,103 | €11,916 | -€187 | -1.5% |
| Other operating charges | 640/8 | €700 | €721 | +€21 | +3.0% |
| Gross operating margin | 9900 | €24,787 | €21,876 | -€2,911 | -11.7% |
| Operating profit (loss) | 9901 | €11,984 | €9,239 | -€2,745 | -22.9% |
| Financial income | 75/76B | €434 | €7 | -€427 | -98.4% |
| Recurring financial income | 75 | €434 | €7 | -€427 | -98.4% |
| Financial charges | 65/66B | €182 | €606 | +€424 | +232.2% |
| Recurring financial charges | 65 | €182 | €604 | +€422 | +231.1% |
| Non-recurring financial charges | 66B | €182 | €2 | -€180 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €12,235 | €8,640 | -€3,595 | -29.4% |
| Income taxes | 67/77 | €3,663 | €2,600 | -€1,063 | -29.0% |
| Profit (loss) for the period | 9904 | €8,572 | €6,040 | -€2,532 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,572 | €6,040 | -€2,532 | -29.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.