ORGACOM: 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.
ORGACOM
Largest movements
- Tangible fixed assets -€735,999
down €735,999 (-15.4%), from €4.8m to €4.0m
of which Leasing and similar rights: -€653,951
- Deferred charges and accrued income -€208,131
down €208,131 (-46.5%), from €447,384 to €239,253
- Cash +€181,047
up €181,047 (+60.5%), from €299,462 to €480,509
mainly Depreciation (+€1.7m) and Net result for the year (+€432,794)
- Receivables within one year +€153,401
up €153,401 (+2.8%), from €5.5m to €5.6m
of which Trade receivables: +€204,428
- Debts after one year -€661,280
down €661,280 (-19.1%), from €3.5m to €2.8m
- Trade debts -€367,120
down €367,120 (-13.0%), from €2.8m to €2.4m
- Profit (loss) carried forward +€301,913
up €301,913 (+39.6%), from -€762,746 to -€460,832
- Reserves +€130,881
up €130,881 (+4.0%), from €3.3m to €3.4m
of which Tax-exempt reserves: +€130,881
- Gross operating margin +€695,209
up €695,209 (+12.3%), from €5.7m to €6.3m
- Staff costs +€252,034
up €252,034 (+6.7%), from €3.8m to €4.0m
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 | €10,972,654 | €10,362,973 | -€609,681 | -5.6% |
| Fixed assets | 21/28 | €4,765,512 | €4,029,513 | -€735,999 | -15.4% |
| Tangible fixed assets | 22/27 | €4,765,512 | €4,029,513 | -€735,999 | -15.4% |
| Plant, machinery and equipment | 23 | €149,935 | €107,032 | -€42,903 | -28.6% |
| Furniture and vehicles | 24 | €63,924 | €24,779 | -€39,145 | -61.2% |
| Leasing and similar rights | 25 | €4,551,653 | €3,897,702 | -€653,951 | -14.4% |
| Current assets | 29/58 | €6,207,143 | €6,333,460 | +€126,317 | +2.0% |
| Amounts receivable within one year | 40/41 | €5,460,297 | €5,613,697 | +€153,401 | +2.8% |
| Trade receivables | 40 | €4,852,950 | €5,057,378 | +€204,428 | +4.2% |
| Other amounts receivable | 41 | €607,347 | €556,319 | -€51,028 | -8.4% |
| Cash at bank and in hand | 54/58 | €299,462 | €480,509 | +€181,047 | +60.5% |
| Deferred charges and accrued income | 490/1 | €447,384 | €239,253 | -€208,131 | -46.5% |
| Total equity and liabilities | 10/49 | €10,972,654 | €10,362,973 | -€609,681 | -5.6% |
| Equity | 10/15 | €2,557,632 | €2,990,426 | +€432,794 | +16.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,301,786 | €3,432,667 | +€130,881 | +4.0% |
| Tax-exempt reserves | 132 | €3,300,392 | €3,431,273 | +€130,881 | +4.0% |
| Distributable reserves | 133 | €1,394 | €1,394 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€762,746 | -€460,832 | +€301,913 | +39.6% |
| Amounts payable | 17/49 | €8,415,022 | €7,372,547 | -€1.0m | -12.4% |
| Amounts payable after more than one year | 17 | €3,468,401 | €2,807,120 | -€661,280 | -19.1% |
| Financial debts | 170/4 | €3,468,401 | €2,807,120 | -€661,280 | -19.1% |
| Amounts payable within one year | 42/48 | €4,874,915 | €4,498,047 | -€376,868 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €1,615,531 | €1,575,598 | -€39,933 | -2.5% |
| Financial debts | 43 | €57,708 | €55,634 | -€2,073 | -3.6% |
| Credit institutions | 430/8 | €57,708 | €55,634 | -€2,073 | -3.6% |
| Trade debts | 44 | €2,814,248 | €2,447,128 | -€367,120 | -13.0% |
| Suppliers | 440/4 | €2,814,248 | €2,447,128 | -€367,120 | -13.0% |
| Taxes, remuneration and social security | 45 | €387,428 | €419,686 | +€32,258 | +8.3% |
| Taxes | 450/3 | €26,812 | €31,932 | +€5,119 | +19.1% |
| Remuneration and social security | 454/9 | €360,616 | €387,754 | +€27,138 | +7.5% |
| Accrued charges and deferred income | 492/3 | €71,707 | €67,380 | -€4,327 | -6.0% |
| Non-recurring operating income | 76A | €3,731 | €55,520 | +€51,789 | +1388.0% |
| Remuneration, social security and pensions | 62 | €3,765,157 | €4,017,191 | +€252,034 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,702,770 | €1,662,230 | -€40,540 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,150 | €5,269 | +€2,119 | +67.3% |
| Other operating charges | 640/8 | €62,649 | €40,851 | -€21,798 | -34.8% |
| Non-recurring operating charges | 66A | €3,223 | €10,033 | +€6,811 | +211.3% |
| Gross operating margin | 9900 | €5,650,842 | €6,346,052 | +€695,209 | +12.3% |
| Operating profit (loss) | 9901 | €113,893 | €610,477 | +€496,584 | +436.0% |
| Financial income | 75/76B | €2,437 | €566 | -€1,871 | -76.8% |
| Recurring financial income | 75 | €2,437 | €566 | -€1,871 | -76.8% |
| Financial charges | 65/66B | €191,387 | €178,112 | -€13,275 | -6.9% |
| Recurring financial charges | 65 | €191,387 | €178,112 | -€13,275 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€75,057 | €432,931 | +€507,988 | |
| Income taxes | 67/77 | €8 | €137 | +€128 | +1564.4% |
| Profit (loss) for the period | 9904 | -€75,065 | €432,794 | +€507,859 | |
| Transfer to tax-exempt reserves | 689 | €430,150 | €130,881 | -€299,269 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€505,215 | €301,913 | +€807,128 |
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 9 October 2026 via checked.be.