OREMIN: 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
OREMIN
NACE 46.120, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€261,443
2024 · €3,862+€257,581
Equity
€1.2m
2024 · €903,862+€261,443
Cash
€122,183
2024 · €111,444+€10,739
Balance sheet total
€3.9m
2024 · €3.5m+€402,639
Largest movements
Assets
- Financial fixed assets +€525,200
up €525,200 (+25.4%), from €2.1m to €2.6m
- Intangible fixed assets -€115,994
down €115,994 (-19.4%), from €598,703 to €482,709
Equity and liabilities
- Profit (loss) carried forward +€130,933
up €130,933 (+3,390%), from €3,862 to €134,795
- Reserves +€130,510
new in 2025: €130,510
- Debts after one year +€93,353
up €93,353 (+4.6%), from €2.0m to €2.1m
- Current portion of long-term debt +€60,742
up €60,742 (+24.7%), from €245,905 to €306,647
Income statement
- Gross operating margin +€367,904
up €367,904 (+139%), from €265,198 to €633,102
- Taxes +€85,535
up €85,535 (+4,277%), from €2,000 to €87,535
- Staff costs +€42,250
up €42,250 (+364%), from €11,601 to €53,851
- Financial charges -€14,068
down €14,068 (-11.8%), from €119,160 to €105,092
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.
Result 2024
€3,862
Gross operating margin
+€367,904
Staff costs
-€42,250
Depreciation
+€2,592
Other operating charges
-€921
Financial income
+€1,724
Financial charges
+€14,068
Taxes
-€85,535
Result 2025
€261,443
raises the resultlowers the result
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.
From operations
+€381,844
Investment
-€525,200
Financing
+€154,095
Cash 2024
€111,444
From operations (derived)
+€381,844
Net result for the year
+€261,443
Depreciation
+€124,449
Stocks and contracts
+€14,828
Receivables within one year
-€4,052
Deferred charges and accrued income
-€1,925
Trade debts
-€37,221
Smaller working-capital items
-€1,468
Other debts
+€25,790
Investment (derived)
-€525,200
Investment in fixed assets (net)
-€525,200
Financing
+€154,095
Debts after one year
+€93,353
Current portion of long-term debt
+€60,742
Cash 2025
€122,183
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,540,720 | €3,943,359 | +€402,639 | +11.4% |
| Fixed assets | 21/28 | €2,704,410 | €3,105,161 | +€400,751 | +14.8% |
| Intangible fixed assets | 21 | €598,703 | €482,709 | -€115,994 | -19.4% |
| Tangible fixed assets | 22/27 | €41,493 | €33,039 | -€8,454 | -20.4% |
| Leasing and similar rights | 25 | €41,493 | €33,039 | -€8,454 | -20.4% |
| Financial fixed assets | 28 | €2,064,214 | €2,589,414 | +€525,200 | +25.4% |
| Current assets | 29/58 | €836,310 | €838,197 | +€1,888 | +0.2% |
| Stocks and contracts in progress | 3 | €228,683 | €213,855 | -€14,828 | -6.5% |
| Stocks | 30/36 | €228,683 | €213,855 | -€14,828 | -6.5% |
| Amounts receivable within one year | 40/41 | €496,107 | €500,159 | +€4,052 | +0.8% |
| Trade receivables | 40 | €476,469 | €478,118 | +€1,649 | +0.3% |
| Other amounts receivable | 41 | €19,638 | €22,041 | +€2,403 | +12.2% |
| Cash at bank and in hand | 54/58 | €111,444 | €122,183 | +€10,739 | +9.6% |
| Deferred charges and accrued income | 490/1 | €75 | €2,000 | +€1,925 | +2,567% |
| Total equity and liabilities | 10/49 | €3,540,720 | €3,943,359 | +€402,639 | +11.4% |
| Equity | 10/15 | €903,862 | €1,165,305 | +€261,443 | +28.9% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Reserves | 13 | - | €130,510 | +€130,510 | |
| Tax-exempt reserves | 132 | - | €130,510 | +€130,510 | |
| Profit (loss) carried forward | 14 | €3,862 | €134,795 | +€130,933 | +3,390% |
| Amounts payable | 17/49 | €2,636,858 | €2,778,054 | +€141,196 | +5.4% |
| Amounts payable after more than one year | 17 | €2,019,626 | €2,112,979 | +€93,353 | +4.6% |
| Financial debts | 170/4 | €2,019,626 | €2,112,979 | +€93,353 | +4.6% |
| Amounts payable within one year | 42/48 | €584,925 | €632,955 | +€48,030 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €245,905 | €306,647 | +€60,742 | +24.7% |
| Trade debts | 44 | €335,822 | €298,601 | -€37,221 | -11.1% |
| Suppliers | 440/4 | €335,822 | €298,601 | -€37,221 | -11.1% |
| Taxes, remuneration and social security | 45 | €3,198 | €1,918 | -€1,280 | -40.0% |
| Taxes | 450/3 | €2,000 | €1,918 | -€82 | -4.1% |
| Remuneration and social security | 454/9 | €1,198 | €0 | -€1,198 | -100% |
| Other amounts payable | 47/48 | - | €25,790 | +€25,790 | |
| Accrued charges and deferred income | 492/3 | €32,308 | €32,120 | -€188 | -0.6% |
| Remuneration, social security and pensions | 62 | €11,601 | €53,851 | +€42,250 | +364% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,041 | €124,449 | -€2,592 | -2.0% |
| Other operating charges | 640/8 | €1,534 | €2,455 | +€921 | +60.1% |
| Gross operating margin | 9900 | €265,198 | €633,102 | +€367,904 | +139% |
| Operating profit (loss) | 9901 | €125,022 | €452,346 | +€327,324 | +262% |
| Financial income | 75/76B | €0 | €1,724 | +€1,724 | +1,566,936% |
| Recurring financial income | 75 | €0 | €1,724 | +€1,724 | +1,566,936% |
| Financial charges | 65/66B | €119,160 | €105,092 | -€14,068 | -11.8% |
| Recurring financial charges | 65 | €119,160 | €105,092 | -€14,068 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €5,862 | €348,978 | +€343,115 | +5,853% |
| Income taxes | 67/77 | €2,000 | €87,535 | +€85,535 | +4,277% |
| Profit (loss) for the period | 9904 | €3,862 | €261,443 | +€257,581 | +6,669% |
| Transfer to tax-exempt reserves | 689 | - | €130,510 | +€130,510 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,862 | €130,933 | +€127,071 | +3,290% |
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 24 October 2026 via checked.be.