ORG ENERGY: 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.
ORG ENERGY
Largest movements
- Cash -€300,296
down €300,296 (-57.0%), from €527,032 to €226,736
mainly Contributions, distributions and other (-€780,931) and Accrued charges and deferred income (-€2,448)
- Receivables within one year -€201,668
no longer reported in 2025 (was €201,668)
- Contributions -€477,772
down €477,772 (-85.3%), from €559,827 to €82,055
- Reserves -€171,638
down €171,638 (-85.5%), from €200,773 to €29,135
of which Non-distributable reserves: -€200,773
- Other debts +€142,629
new in 2025: €142,629
- Financial income -€181,134
down €181,134 (-97.9%), from €185,065 to €3,931
of which Non-recurring financial income: -€182,958
- Financial charges -€102,071
down €102,071 (-97.5%), from €104,721 to €2,650
of which Non-recurring financial charges: -€101,262
- Gross operating margin +€69,329
up €69,329 (+59.0%), from €117,581 to €186,910
- Taxes -€4,431
down €4,431 (-8.3%), from €53,271 to €48,840
- Depreciation +€4,292
up €4,292 (+121%), from €3,538 to €7,830
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 | €838,954 | €331,603 | -€507,351 | -60.5% |
| Fixed assets | 21/28 | €110,254 | €104,867 | -€5,387 | -4.9% |
| Tangible fixed assets | 22/27 | €65,253 | €59,866 | -€5,387 | -8.3% |
| Plant, machinery and equipment | 23 | €60,725 | €56,571 | -€4,154 | -6.8% |
| Furniture and vehicles | 24 | €4,528 | €3,295 | -€1,233 | -27.2% |
| Financial fixed assets | 28 | €45,001 | €45,001 | = | 0.0% |
| Current assets | 29/58 | €728,700 | €226,736 | -€501,964 | -68.9% |
| Amounts receivable within one year | 40/41 | €201,668 | - | -€201,668 | |
| Other amounts receivable | 41 | €201,668 | - | -€201,668 | |
| Cash at bank and in hand | 54/58 | €527,032 | €226,736 | -€300,296 | -57.0% |
| Total equity and liabilities | 10/49 | €838,954 | €331,603 | -€507,351 | -60.5% |
| Equity | 10/15 | €760,600 | €111,190 | -€649,410 | -85.4% |
| Contributions | 10/11 | €559,827 | €82,055 | -€477,772 | -85.3% |
| Reserves | 13 | €200,773 | €29,135 | -€171,638 | -85.5% |
| Non-distributable reserves | 130/1 | €200,773 | - | -€200,773 | |
| Reserves not available under the articles | 1311 | €200,773 | - | -€200,773 | |
| Distributable reserves | 133 | - | €29,135 | +€29,135 | |
| Amounts payable | 17/49 | €78,354 | €220,413 | +€142,059 | +181% |
| Amounts payable within one year | 42/48 | €73,839 | €218,346 | +€144,507 | +196% |
| Trade debts | 44 | €1,856 | - | -€1,856 | |
| Suppliers | 440/4 | €1,856 | - | -€1,856 | |
| Taxes, remuneration and social security | 45 | €71,983 | €75,717 | +€3,734 | +5.2% |
| Taxes | 450/3 | €71,983 | €75,717 | +€3,734 | +5.2% |
| Other amounts payable | 47/48 | - | €142,629 | +€142,629 | |
| Accrued charges and deferred income | 492/3 | €4,515 | €2,067 | -€2,448 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,538 | €7,830 | +€4,292 | +121% |
| Gross operating margin | 9900 | €117,581 | €186,910 | +€69,329 | +59.0% |
| Operating profit (loss) | 9901 | €114,043 | €179,080 | +€65,037 | +57.0% |
| Financial income | 75/76B | €185,065 | €3,931 | -€181,134 | -97.9% |
| Recurring financial income | 75 | €2,107 | €3,931 | +€1,824 | +86.6% |
| Non-recurring financial income | 76B | €182,958 | - | -€182,958 | |
| Financial charges | 65/66B | €104,721 | €2,650 | -€102,071 | -97.5% |
| Recurring financial charges | 65 | €3,459 | €2,650 | -€809 | -23.4% |
| Non-recurring financial charges | 66B | €101,262 | - | -€101,262 | |
| Profit (loss) for the period before taxes | 9903 | €194,387 | €180,361 | -€14,026 | -7.2% |
| Income taxes | 67/77 | €53,271 | €48,840 | -€4,431 | -8.3% |
| Profit (loss) for the period | 9904 | €141,116 | €131,521 | -€9,595 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €141,116 | €131,521 | -€9,595 | -6.8% |
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 23 October 2026 via checked.be.