ORFILAW: 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.
ORFILAW
Largest movements
- Receivables within one year +€29,846
up €29,846 (+8,001%), from €373 to €30,219
of which Other amounts receivable: +€27,639
- Intangible fixed assets +€7,815
new in 2025: €7,815
- Deferred charges and accrued income +€4,302
up €4,302 (+3,603%), from €119 to €4,421
- Profit (loss) carried forward +€60,581
up €60,581 (+89.6%), from -€67,643 to -€7,062
- Debts after one year -€14,823
down €14,823 (-29.4%), from €50,470 to €35,647
- Other debts -€4,373
down €4,373 (-5.9%), from €73,519 to €69,146
- Gross operating margin +€130,800
up €130,800, from -€63,336 to €67,464
- Financial charges +€2,345
up €2,345 (+54.4%), from €4,307 to €6,652
- Financial income +€1,077
new in 2025: €1,077
- Other operating charges +€787
new in 2025: €787
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 | €76,536 | €118,379 | +€41,844 | +54.7% |
| Fixed assets | 21/28 | €75,000 | €82,815 | +€7,815 | +10.4% |
| Intangible fixed assets | 21 | - | €7,815 | +€7,815 | |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €1,536 | €35,564 | +€34,028 | +2,216% |
| Amounts receivable within one year | 40/41 | €373 | €30,219 | +€29,846 | +8,001% |
| Trade receivables | 40 | - | €2,207 | +€2,207 | |
| Other amounts receivable | 41 | €373 | €28,012 | +€27,639 | +7,409% |
| Cash at bank and in hand | 54/58 | €1,043 | €924 | -€120 | -11.5% |
| Deferred charges and accrued income | 490/1 | €119 | €4,421 | +€4,302 | +3,603% |
| Total equity and liabilities | 10/49 | €76,536 | €118,379 | +€41,844 | +54.7% |
| Equity | 10/15 | -€65,643 | -€5,062 | +€60,581 | +92.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,643 | -€7,062 | +€60,581 | +89.6% |
| Amounts payable | 17/49 | €142,179 | €123,441 | -€18,737 | -13.2% |
| Amounts payable after more than one year | 17 | €50,470 | €35,647 | -€14,823 | -29.4% |
| Financial debts | 170/4 | €50,470 | €35,647 | -€14,823 | -29.4% |
| Amounts payable within one year | 42/48 | €90,708 | €86,794 | -€3,914 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €14,231 | €14,823 | +€592 | +4.2% |
| Trade debts | 44 | €133 | - | -€133 | |
| Suppliers | 440/4 | €133 | - | -€133 | |
| Taxes, remuneration and social security | 45 | €2,825 | €2,825 | = | 0.0% |
| Taxes | 450/3 | €2,825 | €2,825 | = | 0.0% |
| Other amounts payable | 47/48 | €73,519 | €69,146 | -€4,373 | -5.9% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €521 | +€521 | |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | -€63,336 | €67,464 | +€130,800 | |
| Operating profit (loss) | 9901 | -€63,336 | €66,157 | +€129,492 | |
| Financial income | 75/76B | - | €1,077 | +€1,077 | |
| Recurring financial income | 75 | - | €1,077 | +€1,077 | |
| Financial charges | 65/66B | €4,307 | €6,652 | +€2,345 | +54.4% |
| Recurring financial charges | 65 | €4,307 | €6,652 | +€2,345 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | -€67,643 | €60,581 | +€128,224 | |
| Profit (loss) for the period | 9904 | -€67,643 | €60,581 | +€128,224 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,643 | €60,581 | +€128,224 |
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 16 October 2026 via checked.be.