ORIAN: 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.
What changed
ORIAN
NACE 46.831, Wholesale of construction materials, general range
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€384,202
2024 · €316,610+€67,592
Equity
€2.4m
2024 · €2.5m-€65,798
Cash
€292,554
2024 · €552,062-€259,509
Balance sheet total
€13.3m
2024 · €12.5m+€788,443
Largest movements
Assets
- Tangible fixed assets +€992,892
up €992,892 (+31.4%), from €3.2m to €4.2m
of which Land and buildings: +€949,937
- Cash -€259,509
down €259,509 (-47.0%), from €552,062 to €292,554
mainly Investment in fixed assets (net) (-€1.7m) and Contributions, distributions and other (-€450,000)
Equity and liabilities
- Debts after one year +€918,478
up €918,478 (+102.3%), from €897,715 to €1.8m
- Trade debts +€227,528
up €227,528 (+11.5%), from €2.0m to €2.2m
- Other debts +€223,461
up €223,461 (+55.8%), from €400,787 to €624,248
- Short-term financial debts -€200,000
down €200,000 (-40.0%), from €500,000 to €300,000
- Tax, wage and social debts -€198,107
down €198,107 (-67.1%), from €295,128 to €97,021
of which Taxes: -€190,558
Income statement
- Provisions -€1.2m
down €1.2m, from €1.0m to -€168,129
- Gross operating margin -€639,247
down €639,247 (-25.2%), from €2.5m to €1.9m
- Depreciation +€322,460
up €322,460 (+92.3%), from €349,194 to €671,654
- Other operating charges -€58,745
down €58,745 (-33.7%), from €174,123 to €115,377
- Staff costs +€55,960
up €55,960 (+11.7%), from €479,982 to €535,942
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.
Result 2024
€316,610
Gross operating margin
-€639,247
Staff costs
-€55,960
Depreciation
-€322,460
Write-downs
+€57
Provisions
+€1.2m
Other operating charges
+€58,745
Other operating items
-€108,266
Financial income
+€999
Financial charges
-€55,553
Taxes
-€1,582
Deferred taxes and other
-€2,033
Result 2025
€384,202
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.
From operations
+€1.0m
Investment
-€1.7m
Financing
+€358,776
Cash 2024
€552,062
From operations (derived)
+€1.0m
Net result for the year
+€384,202
Depreciation
+€671,654
Receivables within one year
-€91,187
Deferred charges and accrued income
+€33,128
Provisions
-€194,059
Trade debts
+€227,528
Tax, wage and social debts
-€198,107
Other debts
+€223,461
Accrued charges and deferred income
-€13,359
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.7m
Financing
+€358,776
Debts after one year
+€918,478
Current portion of long-term debt
+€90,298
Short-term financial debts
-€200,000
Contributions, distributions and other
-€450,000
Cash 2025
€292,554
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,491,502 | €13,279,945 | +€788,443 | +6.3% |
| Fixed assets | 21/28 | €6,172,611 | €7,162,504 | +€989,892 | +16.0% |
| Tangible fixed assets | 22/27 | €3,166,732 | €4,159,625 | +€992,892 | +31.4% |
| Land and buildings | 22 | €458,169 | €1,408,106 | +€949,937 | +207.3% |
| Plant, machinery and equipment | 23 | €1,397,383 | €1,748,251 | +€350,868 | +25.1% |
| Furniture and vehicles | 24 | €929 | €0 | -€929 | -100.0% |
| Leasing and similar rights | 25 | €1,008,794 | €732,556 | -€276,238 | -27.4% |
| Other tangible fixed assets | 26 | €301,458 | €270,711 | -€30,747 | -10.2% |
| Financial fixed assets | 28 | €3,005,879 | €3,002,879 | -€3,000 | -0.1% |
| Current assets | 29/58 | €6,318,891 | €6,117,441 | -€201,450 | -3.2% |
| Stocks and contracts in progress | 3 | €31,043 | €31,043 | = | 0.0% |
| Stocks | 30/36 | €31,043 | €31,043 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,702,658 | €5,793,845 | +€91,187 | +1.6% |
| Trade receivables | 40 | €2,549,681 | €2,351,935 | -€197,745 | -7.8% |
| Other amounts receivable | 41 | €3,152,977 | €3,441,909 | +€288,932 | +9.2% |
| Cash at bank and in hand | 54/58 | €552,062 | €292,554 | -€259,509 | -47.0% |
| Deferred charges and accrued income | 490/1 | €33,128 | - | -€33,128 | |
| Total equity and liabilities | 10/49 | €12,491,502 | €13,279,945 | +€788,443 | +6.3% |
| Equity | 10/15 | €2,469,126 | €2,403,328 | -€65,798 | -2.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €2,394,126 | €2,316,336 | -€77,790 | -3.2% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €569,626 | €491,836 | -€77,790 | -13.7% |
| Distributable reserves | 133 | €1,817,000 | €1,817,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €11,992 | +€11,992 | |
| Provisions and deferred taxes | 16 | €5,422,170 | €5,228,111 | -€194,059 | -3.6% |
| Provisions for liabilities and charges | 160/5 | €5,232,295 | €5,064,166 | -€168,129 | -3.2% |
| Other liabilities and charges | 164/5 | €5,232,295 | €5,064,166 | -€168,129 | -3.2% |
| Deferred taxes | 168 | €189,875 | €163,945 | -€25,930 | -13.7% |
| Amounts payable | 17/49 | €4,600,205 | €5,648,505 | +€1.0m | +22.8% |
| Amounts payable after more than one year | 17 | €897,715 | €1,816,193 | +€918,478 | +102.3% |
| Financial debts | 170/4 | €897,715 | €1,816,193 | +€918,478 | +102.3% |
| Amounts payable within one year | 42/48 | €3,689,131 | €3,832,312 | +€143,181 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €516,972 | €607,270 | +€90,298 | +17.5% |
| Financial debts | 43 | €500,000 | €300,000 | -€200,000 | -40.0% |
| Credit institutions | 430/8 | €500,000 | €300,000 | -€200,000 | -40.0% |
| Trade debts | 44 | €1,976,245 | €2,203,773 | +€227,528 | +11.5% |
| Suppliers | 440/4 | €1,976,245 | €2,203,773 | +€227,528 | +11.5% |
| Taxes, remuneration and social security | 45 | €295,128 | €97,021 | -€198,107 | -67.1% |
| Taxes | 450/3 | €246,293 | €55,734 | -€190,558 | -77.4% |
| Remuneration and social security | 454/9 | €48,835 | €41,287 | -€7,549 | -15.5% |
| Other amounts payable | 47/48 | €400,787 | €624,248 | +€223,461 | +55.8% |
| Accrued charges and deferred income | 492/3 | €13,359 | - | -€13,359 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €479,982 | €535,942 | +€55,960 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €349,194 | €671,654 | +€322,460 | +92.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €57 | - | -€57 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,024,764 | -€168,129 | -€1.2m | |
| Other operating charges | 640/8 | €174,123 | €115,377 | -€58,745 | -33.7% |
| Non-recurring operating charges | 66A | €0 | €108,266 | +€108,266 | |
| Gross operating margin | 9900 | €2,532,315 | €1,893,067 | -€639,247 | -25.2% |
| Operating profit (loss) | 9901 | €504,196 | €629,957 | +€125,761 | +24.9% |
| Financial income | 75/76B | €5,424 | €6,423 | +€999 | +18.4% |
| Recurring financial income | 75 | €5,424 | €6,423 | +€999 | +18.4% |
| Financial charges | 65/66B | €86,110 | €141,662 | +€55,553 | +64.5% |
| Recurring financial charges | 65 | €86,110 | €141,662 | +€55,553 | +64.5% |
| Profit (loss) for the period before taxes | 9903 | €423,510 | €494,718 | +€71,207 | +16.8% |
| Transfer from deferred taxes | 780 | €27,963 | €25,930 | -€2,033 | -7.3% |
| Income taxes | 67/77 | €134,864 | €136,445 | +€1,582 | +1.2% |
| Profit (loss) for the period | 9904 | €316,610 | €384,202 | +€67,592 | +21.3% |
| Transfer from tax-exempt reserves | 789 | €83,890 | €77,790 | -€6,100 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €400,500 | €461,992 | +€61,492 | +15.4% |
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 12 October 2026 via checked.be.