ORIGO: 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.
ORIGO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€45,633
up €45,633 (+75.1%), from €60,732 to €106,365
- Debts after one year -€44,934
down €44,934 (-9.2%), from €489,838 to €444,904
- Gross operating margin -€7,282
down €7,282 (-38.6%), from €18,845 to €11,562
- Depreciation -€3,631
down €3,631 (-74.4%), from €4,883 to €1,252
- Other operating charges -€2,325
no longer reported in 2024 (was €2,325)
- Financial charges +€644
up €644 (+5.6%), from €11,458 to €12,102
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €792,498 | €783,096 | -€9,402 | -1.2% |
| Fixed assets | 21/28 | €717,092 | €715,841 | -€1,252 | -0.2% |
| Tangible fixed assets | 22/27 | €717,092 | €715,841 | -€1,252 | -0.2% |
| Land and buildings | 22 | €58,590 | €58,590 | = | 0.0% |
| Plant, machinery and equipment | 23 | €397 | - | -€397 | |
| Furniture and vehicles | 24 | €854 | - | -€854 | |
| Assets under construction and advance payments | 27 | €657,251 | €657,251 | = | 0.0% |
| Current assets | 29/58 | €75,406 | €67,255 | -€8,151 | -10.8% |
| Stocks and contracts in progress | 3 | €10,009 | €8,510 | -€1,498 | -15.0% |
| Stocks | 30/36 | €10,009 | €8,510 | -€1,498 | -15.0% |
| Amounts receivable within one year | 40/41 | €65,397 | €57,896 | -€7,501 | -11.5% |
| Trade receivables | 40 | €63,385 | €57,772 | -€5,613 | -8.9% |
| Other amounts receivable | 41 | €2,012 | €124 | -€1,888 | -93.8% |
| Cash at bank and in hand | 54/58 | - | €849 | +€849 | |
| Total equity and liabilities | 10/49 | €792,498 | €783,096 | -€9,402 | -1.2% |
| Equity | 10/15 | €89,394 | €87,632 | -€1,762 | -2.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,606 | -€12,368 | -€1,762 | -16.6% |
| Amounts payable | 17/49 | €703,104 | €695,464 | -€7,640 | -1.1% |
| Amounts payable after more than one year | 17 | €489,838 | €444,904 | -€44,934 | -9.2% |
| Financial debts | 170/4 | €489,838 | €444,904 | -€44,934 | -9.2% |
| Amounts payable within one year | 42/48 | €213,266 | €250,560 | +€37,294 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €44,156 | €44,934 | +€778 | +1.8% |
| Financial debts | 43 | €5,087 | - | -€5,087 | |
| Credit institutions | 430/8 | €5,087 | - | -€5,087 | |
| Trade debts | 44 | €95,774 | €91,628 | -€4,146 | -4.3% |
| Suppliers | 440/4 | €95,774 | €91,628 | -€4,146 | -4.3% |
| Taxes, remuneration and social security | 45 | €7,517 | €7,633 | +€116 | +1.5% |
| Taxes | 450/3 | €7,517 | €7,633 | +€116 | +1.5% |
| Other amounts payable | 47/48 | €60,732 | €106,365 | +€45,633 | +75.1% |
| Non-recurring operating income | 76A | - | €23,260 | +€23,260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,883 | €1,252 | -€3,631 | -74.4% |
| Other operating charges | 640/8 | €2,325 | - | -€2,325 | |
| Gross operating margin | 9900 | €18,845 | €11,562 | -€7,282 | -38.6% |
| Operating profit (loss) | 9901 | €11,637 | €10,311 | -€1,326 | -11.4% |
| Financial income | 75/76B | - | €29 | +€29 | |
| Recurring financial income | 75 | - | €29 | +€29 | |
| Financial charges | 65/66B | €11,458 | €12,102 | +€644 | +5.6% |
| Recurring financial charges | 65 | €11,458 | €12,102 | +€644 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €179 | -€1,762 | -€1,941 | |
| Profit (loss) for the period | 9904 | €179 | -€1,762 | -€1,941 | |
| Profit (loss) for the period to be appropriated | 9905 | €179 | -€1,762 | -€1,941 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.