ORHON Properties: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
ORHON Properties
Largest movements
- Tangible fixed assets -€31,395
down €31,395 (-3.9%), from €811,008 to €779,614
- Debts after one year -€100,536
down €100,536 (-17.7%), from €567,316 to €466,780
of which Financial debts: -€102,336
- Other debts +€47,801
up €47,801 (+50.2%), from €95,264 to €143,064
- Trade debts +€45,232
up €45,232 (+218%), from €20,739 to €65,971
- Accrued charges and deferred income -€16,188
no longer reported in 2025 (was €16,188)
- Gross operating margin -€9,773
down €9,773 (-15.3%), from €63,706 to €53,933
- Financial charges +€3,888
up €3,888 (+47.0%), from €8,279 to €12,167
- Taxes -€3,551
no longer reported in 2025 (was €3,551)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €821,980 | €795,563 | -€26,417 | -3.2% |
| Fixed assets | 21/28 | €811,009 | €779,615 | -€31,395 | -3.9% |
| Tangible fixed assets | 22/27 | €811,008 | €779,614 | -€31,395 | -3.9% |
| Land and buildings | 22 | €811,008 | €779,614 | -€31,395 | -3.9% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €10,971 | €15,949 | +€4,978 | +45.4% |
| Amounts receivable within one year | 40/41 | - | €1,800 | +€1,800 | |
| Other amounts receivable | 41 | - | €1,800 | +€1,800 | |
| Cash at bank and in hand | 54/58 | €10,019 | €13,171 | +€3,153 | +31.5% |
| Deferred charges and accrued income | 490/1 | €953 | €978 | +€25 | +2.6% |
| Total equity and liabilities | 10/49 | €821,980 | €795,563 | -€26,417 | -3.2% |
| Equity | 10/15 | €17,758 | €17,413 | -€345 | -1.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,758 | €12,413 | -€345 | -2.7% |
| Amounts payable | 17/49 | €804,223 | €778,151 | -€26,072 | -3.2% |
| Amounts payable after more than one year | 17 | €567,316 | €466,780 | -€100,536 | -17.7% |
| Financial debts | 170/4 | €541,626 | €439,290 | -€102,336 | -18.9% |
| Other amounts payable | 178/9 | €25,690 | €27,490 | +€1,800 | +7.0% |
| Amounts payable within one year | 42/48 | €220,719 | €311,371 | +€90,651 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €101,166 | €102,336 | +€1,170 | +1.2% |
| Trade debts | 44 | €20,739 | €65,971 | +€45,232 | +218% |
| Suppliers | 440/4 | €20,739 | €65,971 | +€45,232 | +218% |
| Taxes, remuneration and social security | 45 | €3,551 | - | -€3,551 | |
| Taxes | 450/3 | €3,551 | - | -€3,551 | |
| Other amounts payable | 47/48 | €95,264 | €143,064 | +€47,801 | +50.2% |
| Accrued charges and deferred income | 492/3 | €16,188 | - | -€16,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,377 | €31,395 | +€18 | +0.1% |
| Other operating charges | 640/8 | €11,019 | €10,717 | -€302 | -2.7% |
| Gross operating margin | 9900 | €63,706 | €53,933 | -€9,773 | -15.3% |
| Operating profit (loss) | 9901 | €21,310 | €11,821 | -€9,489 | -44.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €8,279 | €12,167 | +€3,888 | +47.0% |
| Recurring financial charges | 65 | €8,279 | €12,167 | +€3,888 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €13,031 | -€345 | -€13,376 | |
| Income taxes | 67/77 | €3,551 | - | -€3,551 | |
| Profit (loss) for the period | 9904 | €9,480 | -€345 | -€9,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,480 | -€345 | -€9,825 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.