ORFA DESIGN: 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.
ORFA DESIGN
Largest movements
- Receivables within one year -€31,678
down €31,678 (-37.0%), from €85,596 to €53,919
of which Trade receivables: -€30,412
- Tangible fixed assets -€2,500
down €2,500 (-60.9%), from €4,103 to €1,603
- Trade debts -€59,033
down €59,033 (-94.0%), from €62,797 to €3,764
- Reserves +€22,023
up €22,023 (+1184.0%), from €1,860 to €23,883
of which Distributable reserves: +€22,023
- Tax, wage and social debts +€5,723
up €5,723 (+185.9%), from €3,079 to €8,802
- Profit (loss) carried forward -€2,734
no longer reported in 2025 (was €2,734)
- Gross operating margin +€12,384
up €12,384 (+63.5%), from €19,516 to €31,900
- Taxes +€6,334
up €6,334 (+689.3%), from €919 to €7,253
- Financial charges +€2,350
up €2,350 (+519.4%), from €452 to €2,802
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 | €91,370 | €57,249 | -€34,121 | -37.3% |
| Fixed assets | 21/28 | €4,103 | €1,603 | -€2,500 | -60.9% |
| Tangible fixed assets | 22/27 | €4,103 | €1,603 | -€2,500 | -60.9% |
| Furniture and vehicles | 24 | €4,103 | €1,603 | -€2,500 | -60.9% |
| Current assets | 29/58 | €87,267 | €55,646 | -€31,621 | -36.2% |
| Amounts receivable within one year | 40/41 | €85,596 | €53,919 | -€31,678 | -37.0% |
| Trade receivables | 40 | €68,742 | €38,330 | -€30,412 | -44.2% |
| Other amounts receivable | 41 | €16,854 | €15,589 | -€1,265 | -7.5% |
| Cash at bank and in hand | 54/58 | €1,671 | €1,727 | +€56 | +3.4% |
| Total equity and liabilities | 10/49 | €91,370 | €57,249 | -€34,121 | -37.3% |
| Equity | 10/15 | €23,194 | €42,483 | +€19,289 | +83.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €23,883 | +€22,023 | +1184.0% |
| 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 | - | €22,023 | +€22,023 | |
| Profit (loss) carried forward | 14 | €2,734 | - | -€2,734 | |
| Amounts payable | 17/49 | €68,176 | €14,766 | -€53,410 | -78.3% |
| Amounts payable within one year | 42/48 | €68,176 | €14,766 | -€53,410 | -78.3% |
| Current portion of amounts payable after more than one year | 42 | €2,300 | €2,200 | -€100 | -4.3% |
| Trade debts | 44 | €62,797 | €3,764 | -€59,033 | -94.0% |
| Suppliers | 440/4 | €62,797 | €3,764 | -€59,033 | -94.0% |
| Taxes, remuneration and social security | 45 | €3,079 | €8,802 | +€5,723 | +185.9% |
| Taxes | 450/3 | €3,079 | €8,802 | +€5,723 | +185.9% |
| Remuneration, social security and pensions | 62 | €228 | €123 | -€104 | -45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €2,500 | = | 0.0% |
| Other operating charges | 640/8 | €653 | €727 | +€73 | +11.2% |
| Gross operating margin | 9900 | €19,516 | €31,900 | +€12,384 | +63.5% |
| Operating profit (loss) | 9901 | €16,135 | €28,550 | +€12,415 | +76.9% |
| Financial income | 75/76B | €509 | €795 | +€286 | +56.1% |
| Recurring financial income | 75 | €509 | €795 | +€286 | +56.1% |
| Financial charges | 65/66B | €452 | €2,802 | +€2,350 | +519.4% |
| Recurring financial charges | 65 | €452 | €2,802 | +€2,350 | +519.4% |
| Profit (loss) for the period before taxes | 9903 | €16,192 | €26,542 | +€10,350 | +63.9% |
| Income taxes | 67/77 | €919 | €7,253 | +€6,334 | +689.3% |
| Profit (loss) for the period | 9904 | €15,273 | €19,289 | +€4,016 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,273 | €19,289 | +€4,016 | +26.3% |
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 11 October 2026 via checked.be.