ORIGEN: 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.
ORIGEN
Largest movements
- Tangible fixed assets -€65,457
down €65,457 (-4.6%), from €1.4m to €1.4m
of which Land and buildings: -€76,354
- Receivables within one year +€21,200
up €21,200 (+9.9%), from €214,710 to €235,910
of which Other amounts receivable: +€50,000
- Debts after one year -€106,538
down €106,538 (-10.6%), from €1.0m to €899,446
- Other debts +€49,066
up €49,066 (+28.5%), from €171,998 to €221,064
- Gross operating margin -€48,626
down €48,626 (-19.6%), from €247,995 to €199,369
- Taxes -€7,893
down €7,893 (-58.6%), from €13,471 to €5,579
- Other operating charges -€7,525
down €7,525 (-80.4%), from €9,359 to €1,834
- Depreciation +€7,069
up €7,069 (+8.1%), from €87,415 to €94,484
- Financial charges -€3,582
down €3,582 (-11.4%), from €31,472 to €27,890
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 | €1,657,286 | €1,610,004 | -€47,282 | -2.9% |
| Fixed assets | 21/28 | €1,420,879 | €1,355,422 | -€65,457 | -4.6% |
| Tangible fixed assets | 22/27 | €1,420,879 | €1,355,422 | -€65,457 | -4.6% |
| Land and buildings | 22 | €1,392,041 | €1,315,686 | -€76,354 | -5.5% |
| Furniture and vehicles | 24 | €7,667 | €24,846 | +€17,179 | +224.1% |
| Leasing and similar rights | 25 | €21,171 | €14,889 | -€6,282 | -29.7% |
| Current assets | 29/58 | €236,407 | €254,582 | +€18,175 | +7.7% |
| Amounts receivable within one year | 40/41 | €214,710 | €235,910 | +€21,200 | +9.9% |
| Trade receivables | 40 | €33,960 | €5,160 | -€28,800 | -84.8% |
| Other amounts receivable | 41 | €180,750 | €230,750 | +€50,000 | +27.7% |
| Cash at bank and in hand | 54/58 | €13,225 | €12,410 | -€815 | -6.2% |
| Deferred charges and accrued income | 490/1 | €8,472 | €6,262 | -€2,210 | -26.1% |
| Total equity and liabilities | 10/49 | €1,657,286 | €1,610,004 | -€47,282 | -2.9% |
| Equity | 10/15 | €343,699 | €353,282 | +€9,583 | +2.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €323,239 | €332,822 | +€9,583 | +3.0% |
| Distributable reserves | 133 | €323,239 | €332,822 | +€9,583 | +3.0% |
| Amounts payable | 17/49 | €1,313,587 | €1,256,722 | -€56,865 | -4.3% |
| Amounts payable after more than one year | 17 | €1,005,984 | €899,446 | -€106,538 | -10.6% |
| Financial debts | 170/4 | €1,005,984 | €899,446 | -€106,538 | -10.6% |
| Amounts payable within one year | 42/48 | €307,603 | €357,277 | +€49,673 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €109,480 | €106,715 | -€2,765 | -2.5% |
| Trade debts | 44 | €4,529 | €507 | -€4,023 | -88.8% |
| Suppliers | 440/4 | €4,529 | €507 | -€4,023 | -88.8% |
| Taxes, remuneration and social security | 45 | €21,596 | €28,990 | +€7,395 | +34.2% |
| Taxes | 450/3 | €21,596 | €28,990 | +€7,395 | +34.2% |
| Other amounts payable | 47/48 | €171,998 | €221,064 | +€49,066 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,415 | €94,484 | +€7,069 | +8.1% |
| Other operating charges | 640/8 | €9,359 | €1,834 | -€7,525 | -80.4% |
| Gross operating margin | 9900 | €247,995 | €199,369 | -€48,626 | -19.6% |
| Operating profit (loss) | 9901 | €151,221 | €103,051 | -€48,170 | -31.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €31,472 | €27,890 | -€3,582 | -11.4% |
| Recurring financial charges | 65 | €31,472 | €27,890 | -€3,582 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €119,749 | €75,161 | -€44,588 | -37.2% |
| Income taxes | 67/77 | €13,471 | €5,579 | -€7,893 | -58.6% |
| Profit (loss) for the period | 9904 | €106,278 | €69,583 | -€36,695 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €106,278 | €69,583 | -€36,695 | -34.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.