ORESTO: 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.
ORESTO
Largest movements
- Cash +€19,123
up €19,123 (+91.3%), from €20,939 to €40,062
mainly Net result for the year (+€44,690) and Tax, wage and social debts (+€21,954)
- Receivables within one year +€8,050
up €8,050 (+6.4%), from €125,768 to €133,818
of which Trade receivables: +€5,978
- Tangible fixed assets -€3,077
down €3,077 (-10.5%), from €29,267 to €26,190
of which Plant, machinery and equipment: -€4,174
- Reserves +€44,690
up €44,690 (+54.9%), from €81,355 to €126,045
of which Distributable reserves: +€44,690
- Advances received -€42,484
down €42,484 (-87.6%), from €48,484 to €6,000
- Tax, wage and social debts +€21,954
up €21,954 (+194.2%), from €11,304 to €33,258
of which Taxes: +€15,257
- Gross operating margin +€110,762
up €110,762 (+161.6%), from €68,542 to €179,304
- Staff costs +€91,814
up €91,814 (+680.4%), from €13,495 to €105,308
- Taxes +€9,465
up €9,465 (+149.2%), from €6,342 to €15,807
- Other operating charges -€8,766
down €8,766 (-51.9%), from €16,889 to €8,123
- Financial charges -€3,605
down €3,605 (-94.1%), from €3,830 to €225
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €178,427 | €203,465 | +€25,038 | +14.0% |
| Fixed assets | 21/28 | €29,267 | €26,190 | -€3,077 | -10.5% |
| Tangible fixed assets | 22/27 | €29,267 | €26,190 | -€3,077 | -10.5% |
| Plant, machinery and equipment | 23 | €13,693 | €9,519 | -€4,174 | -30.5% |
| Other tangible fixed assets | 26 | €15,573 | €16,671 | +€1,098 | +7.0% |
| Current assets | 29/58 | €149,160 | €177,275 | +€28,115 | +18.8% |
| Amounts receivable within one year | 40/41 | €125,768 | €133,818 | +€8,050 | +6.4% |
| Trade receivables | 40 | €31,060 | €37,038 | +€5,978 | +19.2% |
| Other amounts receivable | 41 | €94,708 | €96,780 | +€2,072 | +2.2% |
| Cash at bank and in hand | 54/58 | €20,939 | €40,062 | +€19,123 | +91.3% |
| Deferred charges and accrued income | 490/1 | €2,454 | €3,395 | +€942 | +38.4% |
| Total equity and liabilities | 10/49 | €178,427 | €203,465 | +€25,038 | +14.0% |
| Equity | 10/15 | €94,355 | €139,045 | +€44,690 | +47.4% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €81,355 | €126,045 | +€44,690 | +54.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €79,495 | €124,185 | +€44,690 | +56.2% |
| Amounts payable | 17/49 | €84,072 | €64,420 | -€19,652 | -23.4% |
| Amounts payable within one year | 42/48 | €84,072 | €64,420 | -€19,652 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €24,284 | €25,163 | +€878 | +3.6% |
| Suppliers | 440/4 | €24,284 | €25,163 | +€878 | +3.6% |
| Advances received on contracts in progress | 46 | €48,484 | €6,000 | -€42,484 | -87.6% |
| Taxes, remuneration and social security | 45 | €11,304 | €33,258 | +€21,954 | +194.2% |
| Taxes | 450/3 | €6,864 | €22,121 | +€15,257 | +222.3% |
| Remuneration and social security | 454/9 | €4,439 | €11,137 | +€6,697 | +150.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €13,495 | €105,308 | +€91,814 | +680.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,015 | €8,013 | -€1,002 | -11.1% |
| Other operating charges | 640/8 | €16,889 | €8,123 | -€8,766 | -51.9% |
| Gross operating margin | 9900 | €68,542 | €179,304 | +€110,762 | +161.6% |
| Operating profit (loss) | 9901 | €29,143 | €57,860 | +€28,716 | +98.5% |
| Financial income | 75/76B | €1,889 | €2,862 | +€972 | +51.5% |
| Recurring financial income | 75 | €1,889 | €2,862 | +€972 | +51.5% |
| Financial charges | 65/66B | €3,830 | €225 | -€3,605 | -94.1% |
| Recurring financial charges | 65 | €3,830 | €225 | -€3,605 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | €27,202 | €60,496 | +€33,294 | +122.4% |
| Income taxes | 67/77 | €6,342 | €15,807 | +€9,465 | +149.2% |
| Profit (loss) for the period | 9904 | €20,860 | €44,690 | +€23,829 | +114.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,860 | €44,690 | +€23,829 | +114.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.