ORIANE HUBERT: 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.
ORIANE HUBERT
Largest movements
- Cash +€40,682
up €40,682 (+622.5%), from €6,535 to €47,217
mainly Net result for the year (+€29,945) and Deferred charges and accrued income (+€8,288)
- Deferred charges and accrued income -€8,288
down €8,288 (-87.5%), from €9,476 to €1,188
- Tangible fixed assets +€2,175
new in 2025: €2,175
of which Plant, machinery and equipment: +€2,175
- Profit (loss) carried forward +€29,112
up €29,112 (+520.8%), from €5,590 to €34,702
- Other debts +€5,880
up €5,880 (+1008.3%), from €583 to €6,463
- Tax, wage and social debts -€1,257
down €1,257 (-19.6%), from €6,413 to €5,155
of which Taxes: -€1,257
- Trade debts +€727
up €727 (+171.0%), from €425 to €1,152
- Gross operating margin +€33,255
up €33,255 (+406.3%), from €8,184 to €41,439
- Taxes +€6,469
up €6,469 (+367.4%), from €1,761 to €8,230
- Financial charges +€2,442
new in 2025: €2,442
- Depreciation +€825
up €825, from €0 to €825
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 | €16,011 | €50,581 | +€34,570 | +215.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | - | €2,175 | +€2,175 | |
| Tangible fixed assets | 22/27 | - | €2,175 | +€2,175 | |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €2,175 | +€2,175 | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €16,011 | €48,405 | +€32,394 | +202.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,535 | €47,217 | +€40,682 | +622.5% |
| Deferred charges and accrued income | 490/1 | €9,476 | €1,188 | -€8,288 | -87.5% |
| Total equity and liabilities | 10/49 | €16,011 | €50,581 | +€34,570 | +215.9% |
| Equity | 10/15 | €8,590 | €37,702 | +€29,112 | +338.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,590 | €34,702 | +€29,112 | +520.8% |
| Amounts payable | 17/49 | €7,421 | €12,878 | +€5,457 | +73.5% |
| Amounts payable within one year | 42/48 | €7,421 | €12,770 | +€5,349 | +72.1% |
| Trade debts | 44 | €425 | €1,152 | +€727 | +171.0% |
| Suppliers | 440/4 | €425 | €1,152 | +€727 | +171.0% |
| Taxes, remuneration and social security | 45 | €6,413 | €5,155 | -€1,257 | -19.6% |
| Taxes | 450/3 | €4,161 | €2,904 | -€1,257 | -30.2% |
| Remuneration and social security | 454/9 | €2,252 | €2,252 | = | 0.0% |
| Other amounts payable | 47/48 | €583 | €6,463 | +€5,880 | +1008.3% |
| Accrued charges and deferred income | 492/3 | - | €108 | +€108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €825 | +€825 | |
| Gross operating margin | 9900 | €8,184 | €41,439 | +€33,255 | +406.3% |
| Operating profit (loss) | 9901 | €8,184 | €40,614 | +€32,430 | +396.3% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | - | €2,442 | +€2,442 | |
| Recurring financial charges | 65 | - | €2,442 | +€2,442 | |
| Profit (loss) for the period before taxes | 9903 | €8,184 | €38,175 | +€29,991 | +366.5% |
| Income taxes | 67/77 | €1,761 | €8,230 | +€6,469 | +367.4% |
| Profit (loss) for the period | 9904 | €6,423 | €29,945 | +€23,522 | +366.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,423 | €29,945 | +€23,522 | +366.2% |
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 1 October 2026 via checked.be.