OREON 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.
OREON PROPERTIES
Largest movements
- Cash -€229,710
down €229,710 (-97.3%), from €236,011 to €6,301
mainly Current portion of long-term debt (-€123,249) and Net result for the year (-€83,669)
- Receivables within one year -€74,593
down €74,593 (-14.1%), from €528,403 to €453,811
of which Trade receivables: -€169,436
- Tangible fixed assets -€15,976
down €15,976 (-24.9%), from €64,051 to €48,075
of which Furniture and vehicles: -€9,504
- Deferred charges and accrued income -€14,258
down €14,258 (-77.2%), from €18,469 to €4,211
- Intangible fixed assets +€11,196
up €11,196 (+253%), from €4,425 to €15,621
- Current portion of long-term debt -€123,249
down €123,249 (-94.1%), from €131,019 to €7,770
- Profit (loss) carried forward -€83,669
new in 2024: -€83,669
- Tax, wage and social debts -€72,365
down €72,365 (-86.4%), from €83,731 to €11,367
of which Taxes: -€81,012
- Trade debts -€47,612
down €47,612 (-25.9%), from €183,973 to €136,361
- Other debts +€11,532
up €11,532 (+87.0%), from €13,248 to €24,780
- Gross operating margin -€342,097
down €342,097 (-90.1%), from €379,522 to €37,425
- Taxes -€105,421
no longer reported in 2024 (was €105,421)
- Staff costs +€50,426
up €50,426 (+127%), from €39,850 to €90,275
- Depreciation +€6,447
up €6,447 (+43.5%), from €14,819 to €21,266
- Financial charges +€5,311
up €5,311 (+248%), from €2,143 to €7,454
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €857,073 | €533,733 | -€323,341 | -37.7% |
| Fixed assets | 21/28 | €74,190 | €69,410 | -€4,780 | -6.4% |
| Intangible fixed assets | 21 | €4,425 | €15,621 | +€11,196 | +253% |
| Tangible fixed assets | 22/27 | €64,051 | €48,075 | -€15,976 | -24.9% |
| Plant, machinery and equipment | 23 | €13,209 | €6,737 | -€6,472 | -49.0% |
| Furniture and vehicles | 24 | €50,842 | €41,338 | -€9,504 | -18.7% |
| Financial fixed assets | 28 | €5,714 | €5,714 | = | 0.0% |
| Current assets | 29/58 | €782,883 | €464,323 | -€318,560 | -40.7% |
| Amounts receivable within one year | 40/41 | €528,403 | €453,811 | -€74,593 | -14.1% |
| Trade receivables | 40 | €504,566 | €335,130 | -€169,436 | -33.6% |
| Other amounts receivable | 41 | €23,837 | €118,681 | +€94,844 | +398% |
| Cash at bank and in hand | 54/58 | €236,011 | €6,301 | -€229,710 | -97.3% |
| Deferred charges and accrued income | 490/1 | €18,469 | €4,211 | -€14,258 | -77.2% |
| Total equity and liabilities | 10/49 | €857,073 | €533,733 | -€323,341 | -37.7% |
| Equity | 10/15 | €417,060 | €333,391 | -€83,669 | -20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €398,460 | €398,460 | = | 0.0% |
| Distributable reserves | 133 | €398,460 | €398,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€83,669 | -€83,669 | |
| Amounts payable | 17/49 | €440,013 | €200,341 | -€239,672 | -54.5% |
| Amounts payable after more than one year | 17 | €22,313 | €14,542 | -€7,770 | -34.8% |
| Financial debts | 170/4 | €22,313 | €14,542 | -€7,770 | -34.8% |
| Amounts payable within one year | 42/48 | €411,971 | €180,277 | -€231,694 | -56.2% |
| Current portion of amounts payable after more than one year | 42 | €131,019 | €7,770 | -€123,249 | -94.1% |
| Trade debts | 44 | €183,973 | €136,361 | -€47,612 | -25.9% |
| Suppliers | 440/4 | €183,973 | €136,361 | -€47,612 | -25.9% |
| Taxes, remuneration and social security | 45 | €83,731 | €11,367 | -€72,365 | -86.4% |
| Taxes | 450/3 | €81,829 | €817 | -€81,012 | -99.0% |
| Remuneration and social security | 454/9 | €1,902 | €10,549 | +€8,647 | +455% |
| Other amounts payable | 47/48 | €13,248 | €24,780 | +€11,532 | +87.0% |
| Accrued charges and deferred income | 492/3 | €5,730 | €5,522 | -€208 | -3.6% |
| Non-recurring operating income | 76A | €3,719 | - | -€3,719 | |
| Remuneration, social security and pensions | 62 | €39,850 | €90,275 | +€50,426 | +127% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,819 | €21,266 | +€6,447 | +43.5% |
| Other operating charges | 640/8 | €3,448 | €3,199 | -€250 | -7.2% |
| Gross operating margin | 9900 | €379,522 | €37,425 | -€342,097 | -90.1% |
| Operating profit (loss) | 9901 | €321,405 | -€77,314 | -€398,719 | |
| Financial income | 75/76B | €728 | €1,099 | +€371 | +51.0% |
| Recurring financial income | 75 | €728 | €1,099 | +€371 | +51.0% |
| Financial charges | 65/66B | €2,143 | €7,454 | +€5,311 | +248% |
| Recurring financial charges | 65 | €2,143 | €7,454 | +€5,311 | +248% |
| Profit (loss) for the period before taxes | 9903 | €319,990 | -€83,669 | -€403,658 | |
| Income taxes | 67/77 | €105,421 | - | -€105,421 | |
| Profit (loss) for the period | 9904 | €214,568 | -€83,669 | -€298,237 | |
| Profit (loss) for the period to be appropriated | 9905 | €214,568 | -€83,669 | -€298,237 |
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 18 October 2026 via checked.be.