ORGEFI: 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.
ORGEFI
Largest movements
- Tangible fixed assets -€42,904
down €42,904 (-23.7%), from €180,856 to €137,952
of which Plant, machinery and equipment: -€24,773
- Deferred charges and accrued income +€35,708
up €35,708 (+60.1%), from €59,424 to €95,132
- Receivables within one year +€9,644
up €9,644 (+179.1%), from €5,383 to €15,027
- Debts after one year -€33,816
down €33,816 (-37.9%), from €89,250 to €55,433
- Advances received +€25,000
up €25,000 (+25.0%), from €100,000 to €125,000
- Short-term financial debts -€16,346
down €16,346 (-33.2%), from €49,305 to €32,959
- Profit (loss) carried forward +€11,684
up €11,684 (+18.5%), from -€63,297 to -€51,613
- Trade debts +€7,715
up €7,715 (+16.7%), from €46,223 to €53,938
- Gross operating margin +€20,845
up €20,845 (+5.6%), from €372,165 to €393,010
- Staff costs +€7,188
up €7,188 (+2.3%), from €315,184 to €322,372
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,152 | €257,498 | +€1,346 | +0.5% |
| Fixed assets | 21/28 | €184,836 | €140,830 | -€44,006 | -23.8% |
| Intangible fixed assets | 21 | €3,029 | €1,928 | -€1,102 | -36.4% |
| Tangible fixed assets | 22/27 | €180,856 | €137,952 | -€42,904 | -23.7% |
| Plant, machinery and equipment | 23 | €35,541 | €10,769 | -€24,773 | -69.7% |
| Furniture and vehicles | 24 | €66,317 | €55,078 | -€11,239 | -16.9% |
| Leasing and similar rights | 25 | €35,769 | €35,769 | = | 0.0% |
| Other tangible fixed assets | 26 | €43,229 | €36,336 | -€6,893 | -15.9% |
| Financial fixed assets | 28 | €951 | €951 | = | 0.0% |
| Current assets | 29/58 | €71,317 | €116,668 | +€45,352 | +63.6% |
| Stocks and contracts in progress | 3 | €6,509 | €6,509 | = | 0.0% |
| Stocks | 30/36 | €6,509 | €6,509 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,383 | €15,027 | +€9,644 | +179.1% |
| Other amounts receivable | 41 | €5,383 | €15,027 | +€9,644 | +179.1% |
| Deferred charges and accrued income | 490/1 | €59,424 | €95,132 | +€35,708 | +60.1% |
| Total equity and liabilities | 10/49 | €256,152 | €257,498 | +€1,346 | +0.5% |
| Equity | 10/15 | -€44,080 | -€32,396 | +€11,684 | +26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €617 | €617 | = | 0.0% |
| Non-distributable reserves | 130/1 | €617 | €617 | = | 0.0% |
| Reserves not available under the articles | 1311 | €617 | €617 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,297 | -€51,613 | +€11,684 | +18.5% |
| Amounts payable | 17/49 | €300,233 | €289,894 | -€10,338 | -3.4% |
| Amounts payable after more than one year | 17 | €89,250 | €55,433 | -€33,816 | -37.9% |
| Financial debts | 170/4 | €89,250 | €55,433 | -€33,816 | -37.9% |
| Amounts payable within one year | 42/48 | €201,558 | €219,973 | +€18,415 | +9.1% |
| Financial debts | 43 | €49,305 | €32,959 | -€16,346 | -33.2% |
| Credit institutions | 430/8 | €49,305 | €32,959 | -€16,346 | -33.2% |
| Trade debts | 44 | €46,223 | €53,938 | +€7,715 | +16.7% |
| Suppliers | 440/4 | €46,223 | €53,938 | +€7,715 | +16.7% |
| Advances received on contracts in progress | 46 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Taxes, remuneration and social security | 45 | €5,730 | €7,212 | +€1,482 | +25.9% |
| Taxes | 450/3 | €40 | €7,212 | +€7,172 | +18084.9% |
| Remuneration and social security | 454/9 | €5,691 | - | -€5,691 | |
| Other amounts payable | 47/48 | €300 | €864 | +€563 | +187.5% |
| Accrued charges and deferred income | 492/3 | €9,425 | €14,488 | +€5,063 | +53.7% |
| Remuneration, social security and pensions | 62 | €315,184 | €322,372 | +€7,188 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,937 | €51,102 | +€2,164 | +4.4% |
| Other operating charges | 640/8 | €2,463 | €689 | -€1,774 | -72.0% |
| Non-recurring operating charges | 66A | €2 | - | -€2 | |
| Gross operating margin | 9900 | €372,165 | €393,010 | +€20,845 | +5.6% |
| Operating profit (loss) | 9901 | €5,579 | €18,847 | +€13,269 | +237.8% |
| Financial income | 75/76B | - | €774 | +€774 | |
| Recurring financial income | 75 | - | €774 | +€774 | |
| Financial charges | 65/66B | €3,841 | €7,221 | +€3,380 | +88.0% |
| Recurring financial charges | 65 | €3,841 | €7,221 | +€3,380 | +88.0% |
| Profit (loss) for the period before taxes | 9903 | €1,738 | €12,400 | +€10,662 | +613.6% |
| Income taxes | 67/77 | - | €716 | +€716 | |
| Profit (loss) for the period | 9904 | €1,738 | €11,684 | +€9,946 | +572.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,738 | €11,684 | +€9,946 | +572.4% |
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.