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
- Receivables after one year -€11,784
down €11,784 (-46.9%), from €25,118 to €13,333
- Tangible fixed assets -€10,392
down €10,392 (-34.2%), from €30,394 to €20,002
of which Furniture and vehicles: -€8,545
- Cash -€9,401
down €9,401 (-74.3%), from €12,652 to €3,251
mainly Trade debts (-€13,198) and Receivables within one year (-€8,970)
- Receivables within one year +€8,970
up €8,970 (+871%), from €1,030 to €10,000
- Deferred charges and accrued income +€1,269
up €1,269 (+3,583%), from €35 to €1,304
- Trade debts -€13,198
down €13,198 (-74.0%), from €17,834 to €4,637
- Tax, wage and social debts -€7,150
down €7,150 (-55.8%), from €12,817 to €5,667
of which Taxes: -€7,496
- Profit (loss) carried forward -€992
down €992 (-2.7%), from €37,164 to €36,172
- Staff costs +€22,212
up €22,212 (+71.3%), from €31,165 to €53,377
- Gross operating margin +€9,807
up €9,807 (+18.7%), from €52,367 to €62,174
- Taxes -€2,427
no longer reported in 2025 (was €2,427)
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 | €72,815 | €51,476 | -€21,339 | -29.3% |
| Fixed assets | 21/28 | €30,394 | €20,002 | -€10,392 | -34.2% |
| Tangible fixed assets | 22/27 | €30,394 | €20,002 | -€10,392 | -34.2% |
| Plant, machinery and equipment | 23 | €5,556 | €3,708 | -€1,847 | -33.3% |
| Furniture and vehicles | 24 | €24,838 | €16,293 | -€8,545 | -34.4% |
| Current assets | 29/58 | €42,421 | €31,474 | -€10,947 | -25.8% |
| Amounts receivable after more than one year | 29 | €25,118 | €13,333 | -€11,784 | -46.9% |
| Other amounts receivable | 291 | €25,118 | €13,333 | -€11,784 | -46.9% |
| Stocks and contracts in progress | 3 | €3,586 | €3,586 | = | 0.0% |
| Stocks | 30/36 | €3,586 | €3,586 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,030 | €10,000 | +€8,970 | +871% |
| Trade receivables | 40 | €1,030 | €10,000 | +€8,970 | +871% |
| Cash at bank and in hand | 54/58 | €12,652 | €3,251 | -€9,401 | -74.3% |
| Deferred charges and accrued income | 490/1 | €35 | €1,304 | +€1,269 | +3,583% |
| Total equity and liabilities | 10/49 | €72,815 | €51,476 | -€21,339 | -29.3% |
| Equity | 10/15 | €42,164 | €41,172 | -€992 | -2.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,164 | €36,172 | -€992 | -2.7% |
| Amounts payable | 17/49 | €30,651 | €10,304 | -€20,347 | -66.4% |
| Amounts payable within one year | 42/48 | €30,651 | €10,304 | -€20,347 | -66.4% |
| Trade debts | 44 | €17,834 | €4,637 | -€13,198 | -74.0% |
| Suppliers | 440/4 | €17,834 | €4,637 | -€13,198 | -74.0% |
| Taxes, remuneration and social security | 45 | €12,817 | €5,667 | -€7,150 | -55.8% |
| Taxes | 450/3 | €10,869 | €3,373 | -€7,496 | -69.0% |
| Remuneration and social security | 454/9 | €1,948 | €2,294 | +€346 | +17.8% |
| Remuneration, social security and pensions | 62 | €31,165 | €53,377 | +€22,212 | +71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,032 | €9,479 | +€447 | +4.9% |
| Other operating charges | 640/8 | €85 | €85 | -€0 | -0.3% |
| Gross operating margin | 9900 | €52,367 | €62,174 | +€9,807 | +18.7% |
| Operating profit (loss) | 9901 | €12,085 | -€766 | -€12,851 | |
| Financial charges | 65/66B | €234 | €226 | -€9 | -3.8% |
| Recurring financial charges | 65 | €234 | €226 | -€9 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €11,851 | -€992 | -€12,843 | |
| Income taxes | 67/77 | €2,427 | - | -€2,427 | |
| Profit (loss) for the period | 9904 | €9,424 | -€992 | -€10,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,424 | -€992 | -€10,416 |
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 26 October 2026 via checked.be.