ORIENTAL: 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.
ORIENTAL
Largest movements
- Tangible fixed assets +€252,635
up €252,635 (+155%), from €162,794 to €415,430
of which Land and buildings: +€263,897
- Cash -€187,850
down €187,850 (-91.5%), from €205,256 to €17,407
mainly Investment in fixed assets (net) (-€305,763) and Current investments (-€108,296)
- Current investments +€108,296
up €108,296 (+57.8%), from €187,240 to €295,536
- Debts after one year +€141,144
up €141,144 (+157%), from €89,650 to €230,794
- Profit (loss) carried forward +€52,566
up €52,566 (+15.1%), from €348,000 to €400,566
- Provisions -€40,000
down €40,000 (-41.7%), from €96,000 to €56,000
- Current portion of long-term debt +€9,625
up €9,625 (+49.8%), from €19,331 to €28,956
- Depreciation +€46,193
up €46,193 (+666%), from €6,934 to €53,127
- Provisions -€40,000
new in 2025: -€40,000
- Gross operating margin -€25,643
down €25,643 (-12.9%), from €199,138 to €173,495
- Financial income +€13,703
up €13,703 (+530%), from €2,584 to €16,287
- Staff costs +€12,599
up €12,599 (+55.0%), from €22,908 to €35,507
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.
Derived cash bridge
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 | €669,055 | €836,537 | +€167,481 | +25.0% |
| Fixed assets | 21/28 | €162,794 | €415,430 | +€252,635 | +155% |
| Tangible fixed assets | 22/27 | €162,794 | €415,430 | +€252,635 | +155% |
| Land and buildings | 22 | €110,240 | €374,137 | +€263,897 | +239% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €52,554 | €41,293 | -€11,262 | -21.4% |
| Current assets | 29/58 | €506,261 | €421,107 | -€85,154 | -16.8% |
| Stocks and contracts in progress | 3 | €4,066 | €4,591 | +€525 | +12.9% |
| Stocks | 30/36 | €4,066 | €4,591 | +€525 | +12.9% |
| Amounts receivable within one year | 40/41 | €109,699 | €102,966 | -€6,733 | -6.1% |
| Trade receivables | 40 | €13,592 | €358 | -€13,234 | -97.4% |
| Other amounts receivable | 41 | €96,107 | €102,607 | +€6,501 | +6.8% |
| Current investments | 50/53 | €187,240 | €295,536 | +€108,296 | +57.8% |
| Cash at bank and in hand | 54/58 | €205,256 | €17,407 | -€187,850 | -91.5% |
| Deferred charges and accrued income | 490/1 | - | €608 | +€608 | |
| Total equity and liabilities | 10/49 | €669,055 | €836,537 | +€167,481 | +25.0% |
| Equity | 10/15 | €368,452 | €421,018 | +€52,566 | +14.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €348,000 | €400,566 | +€52,566 | +15.1% |
| Provisions and deferred taxes | 16 | €96,000 | €56,000 | -€40,000 | -41.7% |
| Provisions for liabilities and charges | 160/5 | €96,000 | €56,000 | -€40,000 | -41.7% |
| Environmental obligations | 163 | €96,000 | €56,000 | -€40,000 | -41.7% |
| Amounts payable | 17/49 | €204,604 | €359,519 | +€154,916 | +75.7% |
| Amounts payable after more than one year | 17 | €89,650 | €230,794 | +€141,144 | +157% |
| Financial debts | 170/4 | €89,650 | €230,794 | +€141,144 | +157% |
| Amounts payable within one year | 42/48 | €114,953 | €128,725 | +€13,772 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €19,331 | €28,956 | +€9,625 | +49.8% |
| Financial debts | 43 | €0 | - | -€0 | |
| Credit institutions | 430/8 | €0 | - | -€0 | |
| Trade debts | 44 | €19,135 | €13,667 | -€5,468 | -28.6% |
| Suppliers | 440/4 | €19,135 | €13,667 | -€5,468 | -28.6% |
| Taxes, remuneration and social security | 45 | €36,487 | €41,102 | +€4,615 | +12.6% |
| Taxes | 450/3 | €34,516 | €38,018 | +€3,502 | +10.1% |
| Remuneration and social security | 454/9 | €1,971 | €3,084 | +€1,113 | +56.5% |
| Other amounts payable | 47/48 | €40,000 | €45,000 | +€5,000 | +12.5% |
| Remuneration, social security and pensions | 62 | €22,908 | €35,507 | +€12,599 | +55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,934 | €53,127 | +€46,193 | +666% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€40,000 | -€40,000 | |
| Other operating charges | 640/8 | €4,251 | €4,801 | +€551 | +13.0% |
| Non-recurring operating charges | 66A | €4,822 | - | -€4,822 | |
| Gross operating margin | 9900 | €199,138 | €173,495 | -€25,643 | -12.9% |
| Operating profit (loss) | 9901 | €160,224 | €120,060 | -€40,164 | -25.1% |
| Financial income | 75/76B | €2,584 | €16,287 | +€13,703 | +530% |
| Recurring financial income | 75 | €2,584 | €16,287 | +€13,703 | +530% |
| Financial charges | 65/66B | €5,163 | €10,963 | +€5,801 | +112% |
| Recurring financial charges | 65 | €5,163 | €10,963 | +€5,801 | +112% |
| Profit (loss) for the period before taxes | 9903 | €157,645 | €125,384 | -€32,261 | -20.5% |
| Income taxes | 67/77 | €31,884 | €32,818 | +€933 | +2.9% |
| Profit (loss) for the period | 9904 | €125,761 | €92,566 | -€33,195 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €125,761 | €92,566 | -€33,195 | -26.4% |
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 13 October 2026 via checked.be.