ORH CONSULT: what changed
Two fiscal 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.
ORH CONSULT
Largest movements
- Cash +€19,297
up €19,297 (+11.9%), from €162,787 to €182,084
mainly Other debts (+€23,163) and Net result for the year (+€14,535)
- Receivables within one year +€7,140
up €7,140 (+105.1%), from €6,792 to €13,932
- Tangible fixed assets -€6,112
down €6,112 (-35.7%), from €17,102 to €10,990
of which Furniture and vehicles: -€5,145
- Other debts +€23,163
up €23,163 (+195.7%), from €11,834 to €34,996
- Tax, wage and social debts +€7,991
up €7,991 (+193.1%), from €4,139 to €12,131
- Profit (loss) carried forward -€7,465
down €7,465 (-6.5%), from €115,716 to €108,251
- Debts after one year -€3,389
down €3,389 (-85.6%), from €3,958 to €569
- Taxes +€5,080
up €5,080 (+48.8%), from €10,403 to €15,484
- Gross operating margin -€2,846
down €2,846 (-7.1%), from €40,306 to €37,460
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 | €187,234 | €207,587 | +€20,353 | +10.9% |
| Fixed assets | 21/28 | €17,102 | €10,990 | -€6,112 | -35.7% |
| Tangible fixed assets | 22/27 | €17,102 | €10,990 | -€6,112 | -35.7% |
| Land and buildings | 22 | €7,122 | €6,155 | -€967 | -13.6% |
| Furniture and vehicles | 24 | €9,980 | €4,835 | -€5,145 | -51.6% |
| Current assets | 29/58 | €170,132 | €196,597 | +€26,465 | +15.6% |
| Amounts receivable within one year | 40/41 | €6,792 | €13,932 | +€7,140 | +105.1% |
| Trade receivables | 40 | €6,792 | €13,932 | +€7,140 | +105.1% |
| Cash at bank and in hand | 54/58 | €162,787 | €182,084 | +€19,297 | +11.9% |
| Deferred charges and accrued income | 490/1 | €553 | €581 | +€28 | +5.0% |
| Total equity and liabilities | 10/49 | €187,234 | €207,587 | +€20,353 | +10.9% |
| Equity | 10/15 | €163,816 | €156,351 | -€7,465 | -4.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €42,100 | €42,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €0 | -€42,100 | -100.0% |
| Distributable reserves | 133 | - | €42,100 | +€42,100 | |
| Profit (loss) carried forward | 14 | €115,716 | €108,251 | -€7,465 | -6.5% |
| Amounts payable | 17/49 | €23,418 | €51,236 | +€27,817 | +118.8% |
| Amounts payable after more than one year | 17 | €3,958 | €569 | -€3,389 | -85.6% |
| Financial debts | 170/4 | €3,958 | €569 | -€3,389 | -85.6% |
| Amounts payable within one year | 42/48 | €19,460 | €50,666 | +€31,207 | +160.4% |
| Current portion of amounts payable after more than one year | 42 | €3,346 | €3,389 | +€43 | +1.3% |
| Trade debts | 44 | €141 | €150 | +€10 | +6.8% |
| Suppliers | 440/4 | €141 | €150 | +€10 | +6.8% |
| Taxes, remuneration and social security | 45 | €4,139 | €12,131 | +€7,991 | +193.1% |
| Taxes | 450/3 | €4,139 | €12,131 | +€7,991 | +193.1% |
| Other amounts payable | 47/48 | €11,834 | €34,996 | +€23,163 | +195.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,112 | €6,112 | = | 0.0% |
| Other operating charges | 640/8 | €1,032 | €1,118 | +€86 | +8.3% |
| Gross operating margin | 9900 | €40,306 | €37,460 | -€2,846 | -7.1% |
| Operating profit (loss) | 9901 | €33,162 | €30,230 | -€2,932 | -8.8% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100.0% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100.0% |
| Financial charges | 65/66B | €247 | €210 | -€37 | -14.9% |
| Recurring financial charges | 65 | €247 | €210 | -€37 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €32,920 | €30,019 | -€2,901 | -8.8% |
| Income taxes | 67/77 | €10,403 | €15,484 | +€5,080 | +48.8% |
| Profit (loss) for the period | 9904 | €22,517 | €14,535 | -€7,982 | -35.4% |
| Transfer from tax-exempt reserves | 789 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,517 | €56,635 | +€34,118 | +151.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.