ORIGO SEARCH: what changed
What changed
ORIGO SEARCH
NACE 78.100, Employment placement agencies
filed annual accounts (NBB)
Net result for the year
€101,514
2024 · €177,629-€76,115
Equity
€680,222
2024 · €587,696+€92,526
Cash
€478,905
2024 · €437,005+€41,900
Balance sheet total
€717,145
2024 · €639,792+€77,352
Largest movements
Assets
- Cash +€41,900
up €41,900 (+9.6%), from €437,005 to €478,905
mainly Net result for the year (+€101,514) and Depreciation (+€3,223)
- Receivables within one year +€33,442
up €33,442 (+18.2%), from €183,775 to €217,216
of which Trade receivables: +€24,200
Equity and liabilities
- Reserves +€92,526
up €92,526 (+16.3%), from €569,096 to €661,622
of which Distributable reserves: +€92,526
- Other debts -€7,231
no longer reported in 2025 (was €7,231)
Income statement
- Gross operating margin -€113,214
down €113,214 (-43.7%), from €258,779 to €145,565
- Taxes -€36,265
down €36,265 (-46.2%), from €78,525 to €42,261
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€177,629
Gross operating margin
-€113,214
Depreciation
-€665
Other operating charges
-€84
Financial income
+€1,626
Financial charges
-€43
Taxes
+€36,265
Result 2025
€101,514
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€55,898
Investment
-€5,010
Financing
-€8,988
Cash 2024
€437,005
From operations (derived)
+€55,898
Net result for the year
+€101,514
Depreciation
+€3,223
Receivables within one year
-€33,442
Deferred charges and accrued income
-€223
Trade debts
-€1,718
Tax, wage and social debts
-€6,225
Other debts
-€7,231
Investment (derived)
-€5,010
Investment in fixed assets (net)
-€5,010
Financing
-€8,988
Contributions, distributions and other
-€8,988
Cash 2025
€478,905
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €639,792 | €717,145 | +€77,352 | +12.1% |
| Fixed assets | 21/28 | €18,293 | €20,080 | +€1,788 | +9.8% |
| Tangible fixed assets | 22/27 | €18,033 | €19,820 | +€1,788 | +9.9% |
| Plant, machinery and equipment | 23 | €1,831 | €1,990 | +€159 | +8.7% |
| Furniture and vehicles | 24 | €2,560 | €4,043 | +€1,483 | +57.9% |
| Other tangible fixed assets | 26 | €13,642 | €13,787 | +€145 | +1.1% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €621,500 | €697,064 | +€75,565 | +12.2% |
| Amounts receivable within one year | 40/41 | €183,775 | €217,216 | +€33,442 | +18.2% |
| Trade receivables | 40 | €157,300 | €181,500 | +€24,200 | +15.4% |
| Other amounts receivable | 41 | €26,475 | €35,716 | +€9,242 | +34.9% |
| Cash at bank and in hand | 54/58 | €437,005 | €478,905 | +€41,900 | +9.6% |
| Deferred charges and accrued income | 490/1 | €720 | €943 | +€223 | +31.0% |
| Total equity and liabilities | 10/49 | €639,792 | €717,145 | +€77,352 | +12.1% |
| Equity | 10/15 | €587,696 | €680,222 | +€92,526 | +15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €569,096 | €661,622 | +€92,526 | +16.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €567,236 | €659,762 | +€92,526 | +16.3% |
| Amounts payable | 17/49 | €52,096 | €36,922 | -€15,174 | -29.1% |
| Amounts payable within one year | 42/48 | €52,096 | €36,922 | -€15,174 | -29.1% |
| Trade debts | 44 | €4,676 | €2,959 | -€1,718 | -36.7% |
| Suppliers | 440/4 | €4,676 | €2,959 | -€1,718 | -36.7% |
| Taxes, remuneration and social security | 45 | €40,189 | €33,964 | -€6,225 | -15.5% |
| Taxes | 450/3 | €40,189 | €33,964 | -€6,225 | -15.5% |
| Other amounts payable | 47/48 | €7,231 | - | -€7,231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,557 | €3,223 | +€665 | +26.0% |
| Other operating charges | 640/8 | €610 | €694 | +€84 | +13.7% |
| Gross operating margin | 9900 | €258,779 | €145,565 | -€113,214 | -43.7% |
| Operating profit (loss) | 9901 | €255,612 | €141,649 | -€113,963 | -44.6% |
| Financial income | 75/76B | €619 | €2,245 | +€1,626 | +263% |
| Recurring financial income | 75 | €619 | €2,245 | +€1,626 | +263% |
| Financial charges | 65/66B | €76 | €119 | +€43 | +56.9% |
| Recurring financial charges | 65 | €76 | €119 | +€43 | +56.9% |
| Profit (loss) for the period before taxes | 9903 | €256,155 | €143,775 | -€112,380 | -43.9% |
| Income taxes | 67/77 | €78,525 | €42,261 | -€36,265 | -46.2% |
| Profit (loss) for the period | 9904 | €177,629 | €101,514 | -€76,115 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €177,629 | €101,514 | -€76,115 | -42.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.