ORFIDAS: 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.
ORFIDAS
Largest movements
- Tangible fixed assets -€5,284
down €5,284 (-35.9%), from €14,726 to €9,443
- Receivables within one year +€3,233
up €3,233 (+12.0%), from €26,919 to €30,152
of which Other amounts receivable: +€2,470
- Cash -€2,202
down €2,202 (-8.3%), from €26,469 to €24,267
mainly Debts after one year (-€5,356) and Receivables within one year (-€3,233)
- Debts after one year -€5,356
down €5,356 (-62.8%), from €8,533 to €3,177
- Profit (loss) carried forward +€725
up €725 (+3.4%), from €21,073 to €21,798
- Turnover -€83,522
no longer reported in 2025 (was €83,522)
- Purchases and services -€81,534
no longer reported in 2025 (was €81,534)
- Gross operating margin +€4,259
up €4,259 (+94.1%), from €4,526 to €8,786
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 | €69,216 | €65,030 | -€4,186 | -6.0% |
| Fixed assets | 21/28 | €14,726 | €9,443 | -€5,284 | -35.9% |
| Tangible fixed assets | 22/27 | €14,726 | €9,443 | -€5,284 | -35.9% |
| Furniture and vehicles | 24 | €14,726 | €9,443 | -€5,284 | -35.9% |
| Current assets | 29/58 | €54,489 | €55,587 | +€1,098 | +2.0% |
| Amounts receivable within one year | 40/41 | €26,919 | €30,152 | +€3,233 | +12.0% |
| Trade receivables | 40 | €7,652 | €8,415 | +€763 | +10.0% |
| Other amounts receivable | 41 | €19,267 | €21,737 | +€2,470 | +12.8% |
| Cash at bank and in hand | 54/58 | €26,469 | €24,267 | -€2,202 | -8.3% |
| Deferred charges and accrued income | 490/1 | €1,102 | €1,168 | +€66 | +6.0% |
| Total equity and liabilities | 10/49 | €69,216 | €65,030 | -€4,186 | -6.0% |
| Equity | 10/15 | €43,073 | €43,798 | +€725 | +1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,073 | €21,798 | +€725 | +3.4% |
| Amounts payable | 17/49 | €26,143 | €21,232 | -€4,911 | -18.8% |
| Amounts payable after more than one year | 17 | €8,533 | €3,177 | -€5,356 | -62.8% |
| Financial debts | 170/4 | €8,533 | €3,177 | -€5,356 | -62.8% |
| Amounts payable within one year | 42/48 | €17,610 | €18,055 | +€445 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €5,244 | €5,356 | +€112 | +2.1% |
| Trade debts | 44 | €28 | - | -€28 | |
| Suppliers | 440/4 | €28 | - | -€28 | |
| Taxes, remuneration and social security | 45 | €12,338 | €12,699 | +€361 | +2.9% |
| Taxes | 450/3 | €12,338 | €12,699 | +€361 | +2.9% |
| Turnover | 70 | €83,522 | - | -€83,522 | |
| Goods, raw materials, services and sundry goods | 60/61 | €81,534 | - | -€81,534 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,015 | €6,172 | +€157 | +2.6% |
| Other operating charges | 640/8 | €536 | €920 | +€384 | +71.6% |
| Gross operating margin | 9900 | €4,526 | €8,786 | +€4,259 | +94.1% |
| Operating profit (loss) | 9901 | -€2,025 | €1,694 | +€3,719 | |
| Financial income | 75/76B | €1,158 | €1,111 | -€47 | -4.1% |
| Recurring financial income | 75 | €1,158 | €1,111 | -€47 | -4.1% |
| Financial charges | 65/66B | €698 | €569 | -€129 | -18.4% |
| Recurring financial charges | 65 | €698 | €569 | -€129 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,564 | €2,236 | +€3,800 | |
| Income taxes | 67/77 | €844 | €1,511 | +€667 | +79.1% |
| Profit (loss) for the period | 9904 | -€2,408 | €725 | +€3,133 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,408 | €725 | +€3,133 |
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 14 October 2026 via checked.be.