Oricor: 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.
Oricor
Largest movements
- Current investments +€106,145
new in 2025: €106,145
- Cash +€41,739
up €41,739 (+21.7%), from €191,910 to €233,650
mainly Other debts (+€508,510) and Net result for the year (+€408,510)
- Intangible fixed assets -€34,000
down €34,000 (-50.0%), from €68,000 to €34,000
- Deferred charges and accrued income +€29,001
up €29,001 (+18.9%), from €153,573 to €182,574
- Other debts +€508,510
new in 2025: €508,510
- Profit (loss) carried forward -€364,565
no longer reported in 2025 (was €364,565)
- Gross operating margin +€54,158
up €54,158 (+10.4%), from €521,302 to €575,460
- Taxes +€18,947
up €18,947 (+16.0%), from €118,731 to €137,678
- Financial income +€8,788
new in 2025: €8,788
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 | €428,020 | €566,408 | +€138,388 | +32.3% |
| Fixed assets | 21/28 | €77,775 | €40,952 | -€36,823 | -47.3% |
| Intangible fixed assets | 21 | €68,000 | €34,000 | -€34,000 | -50.0% |
| Tangible fixed assets | 22/27 | €9,775 | €6,952 | -€2,823 | -28.9% |
| Plant, machinery and equipment | 23 | €689 | €511 | -€178 | -25.8% |
| Furniture and vehicles | 24 | €2,647 | €1,560 | -€1,087 | -41.1% |
| Other tangible fixed assets | 26 | €6,439 | €4,881 | -€1,559 | -24.2% |
| Current assets | 29/58 | €350,245 | €525,456 | +€175,211 | +50.0% |
| Amounts receivable within one year | 40/41 | €4,762 | €3,087 | -€1,674 | -35.2% |
| Trade receivables | 40 | €4,098 | €2,589 | -€1,509 | -36.8% |
| Other amounts receivable | 41 | €664 | €498 | -€166 | -25.0% |
| Current investments | 50/53 | - | €106,145 | +€106,145 | |
| Cash at bank and in hand | 54/58 | €191,910 | €233,650 | +€41,739 | +21.7% |
| Deferred charges and accrued income | 490/1 | €153,573 | €182,574 | +€29,001 | +18.9% |
| Total equity and liabilities | 10/49 | €428,020 | €566,408 | +€138,388 | +32.3% |
| Equity | 10/15 | €385,025 | €20,460 | -€364,565 | -94.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €364,565 | - | -€364,565 | |
| Amounts payable | 17/49 | €42,996 | €545,948 | +€502,952 | +1169.8% |
| Amounts payable within one year | 42/48 | €42,996 | €545,948 | +€502,952 | +1169.8% |
| Trade debts | 44 | €715 | €715 | = | 0.0% |
| Suppliers | 440/4 | €715 | €715 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €42,281 | €36,723 | -€5,558 | -13.1% |
| Taxes | 450/3 | €39,631 | €34,073 | -€5,558 | -14.0% |
| Remuneration and social security | 454/9 | €2,650 | €2,650 | = | 0.0% |
| Other amounts payable | 47/48 | - | €508,510 | +€508,510 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,853 | €36,823 | -€30 | -0.1% |
| Other operating charges | 640/8 | €760 | €786 | +€26 | +3.5% |
| Gross operating margin | 9900 | €521,302 | €575,460 | +€54,158 | +10.4% |
| Operating profit (loss) | 9901 | €483,689 | €537,851 | +€54,162 | +11.2% |
| Financial income | 75/76B | - | €8,788 | +€8,788 | |
| Recurring financial income | 75 | - | €8,788 | +€8,788 | |
| Financial charges | 65/66B | €394 | €451 | +€57 | +14.5% |
| Recurring financial charges | 65 | €394 | €451 | +€57 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €483,296 | €546,189 | +€62,893 | +13.0% |
| Income taxes | 67/77 | €118,731 | €137,678 | +€18,947 | +16.0% |
| Profit (loss) for the period | 9904 | €364,565 | €408,510 | +€43,946 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €364,565 | €408,510 | +€43,946 | +12.1% |
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 30 September 2026 via checked.be.