OREPEC: 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.
OREPEC
Largest movements
- Cash +€73,087
up €73,087 (+84.3%), from €86,669 to €159,756
mainly Net result for the year (+€88,968) and Depreciation (+€4,419)
- Receivables within one year +€18,903
up €18,903 (+47.2%), from €40,074 to €58,977
of which Other amounts receivable: +€15,903
- Profit (loss) carried forward +€88,968
up €88,968 (+80.3%), from €110,817 to €199,785
- Tax, wage and social debts +€3,286
up €3,286 (+14.8%), from €22,193 to €25,479
- Trade debts -€2,439
no longer reported in 2025 (was €2,439)
- Gross operating margin +€26,725
up €26,725 (+29.3%), from €91,301 to €118,026
- Taxes +€6,286
up €6,286 (+32.8%), from €19,193 to €25,479
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 | €135,549 | €225,364 | +€89,815 | +66.3% |
| Fixed assets | 21/28 | €8,806 | €6,631 | -€2,175 | -24.7% |
| Tangible fixed assets | 22/27 | €8,806 | €6,631 | -€2,175 | -24.7% |
| Furniture and vehicles | 24 | €8,806 | €6,631 | -€2,175 | -24.7% |
| Current assets | 29/58 | €126,743 | €218,733 | +€91,990 | +72.6% |
| Amounts receivable within one year | 40/41 | €40,074 | €58,977 | +€18,903 | +47.2% |
| Trade receivables | 40 | €29,000 | €32,000 | +€3,000 | +10.3% |
| Other amounts receivable | 41 | €11,074 | €26,977 | +€15,903 | +144% |
| Cash at bank and in hand | 54/58 | €86,669 | €159,756 | +€73,087 | +84.3% |
| Total equity and liabilities | 10/49 | €135,549 | €225,364 | +€89,815 | +66.3% |
| Equity | 10/15 | €110,917 | €199,885 | +€88,968 | +80.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,817 | €199,785 | +€88,968 | +80.3% |
| Amounts payable | 17/49 | €24,632 | €25,479 | +€847 | +3.4% |
| Amounts payable within one year | 42/48 | €24,632 | €25,479 | +€847 | +3.4% |
| Trade debts | 44 | €2,439 | - | -€2,439 | |
| Suppliers | 440/4 | €2,439 | - | -€2,439 | |
| Taxes, remuneration and social security | 45 | €22,193 | €25,479 | +€3,286 | +14.8% |
| Taxes | 450/3 | €22,193 | €25,479 | +€3,286 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,709 | €4,419 | +€710 | +19.1% |
| Gross operating margin | 9900 | €91,301 | €118,026 | +€26,725 | +29.3% |
| Operating profit (loss) | 9901 | €87,592 | €113,607 | +€26,015 | +29.7% |
| Financial income | 75/76B | €382 | €930 | +€548 | +143% |
| Recurring financial income | 75 | €382 | €930 | +€548 | +143% |
| Financial charges | 65/66B | €88 | €90 | +€2 | +2.3% |
| Recurring financial charges | 65 | €88 | €90 | +€2 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €87,886 | €114,447 | +€26,561 | +30.2% |
| Income taxes | 67/77 | €19,193 | €25,479 | +€6,286 | +32.8% |
| Profit (loss) for the period | 9904 | €68,693 | €88,968 | +€20,275 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,693 | €88,968 | +€20,275 | +29.5% |
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 17 October 2026 via checked.be.