ORIN: 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.
What changed
ORIN
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€78,119
2024 · €25,309+€52,810
Equity
€356,821
2024 · €278,702+€78,119
Cash
€1,049
2024 · €883+€166
Balance sheet total
€1.7m
2024 · €1.7m-€42,953
Largest movements
Assets
- Tangible fixed assets -€59,591
down €59,591 (-3.5%), from €1.7m to €1.6m
of which Land and buildings: -€56,193
- Financial fixed assets +€17,250
new in 2025: €17,250
Equity and liabilities
- Debts after one year -€132,046
down €132,046 (-11.0%), from €1.2m to €1.1m
- Reserves +€78,119
up €78,119 (+38.3%), from €203,702 to €281,821
Income statement
- Gross operating margin +€57,451
up €57,451 (+35.2%), from €163,208 to €220,659
- Taxes +€16,951
up €16,951 (+165.2%), from €10,261 to €27,212
- Financial income +€13,004
up €13,004 (+130038500.0%), from €0 to €13,004
- Financial charges -€3,999
down €3,999 (-8.5%), from €47,081 to €43,082
- Other operating charges +€2,978
up €2,978 (+72.9%), from €4,087 to €7,065
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.
Result 2024
€25,309
Gross operating margin
+€57,451
Depreciation
-€1,714
Other operating charges
-€2,978
Financial income
+€13,004
Financial charges
+€3,999
Taxes
-€16,951
Result 2025
€78,119
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.
From operations
+€164,924
Investment
-€35,843
Financing
-€128,915
Cash 2024
€883
From operations (derived)
+€164,924
Net result for the year
+€78,119
Depreciation
+€78,184
Smaller working-capital items
+€145
Deferred charges and accrued income
+€633
Trade debts
+€7,949
Tax, wage and social debts
+€7,379
Advances received
-€1,290
Other debts
-€9,346
Accrued charges and deferred income
+€3,150
Investment (derived)
-€35,843
Investment in fixed assets (net)
-€35,843
Financing
-€128,915
Debts after one year
-€132,046
Current portion of long-term debt
+€3,131
Cash 2025
€1,049
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,718,078 | €1,675,125 | -€42,953 | -2.5% |
| Fixed assets | 21/28 | €1,699,402 | €1,657,061 | -€42,341 | -2.5% |
| Tangible fixed assets | 22/27 | €1,699,402 | €1,639,811 | -€59,591 | -3.5% |
| Land and buildings | 22 | €1,657,443 | €1,601,250 | -€56,193 | -3.4% |
| Plant, machinery and equipment | 23 | €619 | €298 | -€321 | -51.8% |
| Furniture and vehicles | 24 | €4,665 | €10,407 | +€5,742 | +123.1% |
| Leasing and similar rights | 25 | €21,519 | €15,240 | -€6,278 | -29.2% |
| Other tangible fixed assets | 26 | €15,156 | €12,616 | -€2,540 | -16.8% |
| Financial fixed assets | 28 | - | €17,250 | +€17,250 | |
| Current assets | 29/58 | €18,675 | €18,063 | -€612 | -3.3% |
| Stocks and contracts in progress | 3 | €100 | €88 | -€13 | -12.5% |
| Stocks | 30/36 | €100 | €88 | -€13 | -12.5% |
| Amounts receivable within one year | 40/41 | €15,508 | €15,375 | -€133 | -0.9% |
| Trade receivables | 40 | €15,508 | €15,375 | -€133 | -0.9% |
| Cash at bank and in hand | 54/58 | €883 | €1,049 | +€166 | +18.8% |
| Deferred charges and accrued income | 490/1 | €2,184 | €1,551 | -€633 | -29.0% |
| Total equity and liabilities | 10/49 | €1,718,078 | €1,675,125 | -€42,953 | -2.5% |
| Equity | 10/15 | €278,702 | €356,821 | +€78,119 | +28.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €203,702 | €281,821 | +€78,119 | +38.3% |
| Distributable reserves | 133 | €203,702 | €281,821 | +€78,119 | +38.3% |
| Amounts payable | 17/49 | €1,439,376 | €1,318,304 | -€121,072 | -8.4% |
| Amounts payable after more than one year | 17 | €1,201,673 | €1,069,627 | -€132,046 | -11.0% |
| Financial debts | 170/4 | €1,201,673 | €1,069,627 | -€132,046 | -11.0% |
| Amounts payable within one year | 42/48 | €219,590 | €227,414 | +€7,824 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €135,761 | €138,892 | +€3,131 | +2.3% |
| Trade debts | 44 | €3,155 | €11,104 | +€7,949 | +252.0% |
| Suppliers | 440/4 | €3,155 | €11,104 | +€7,949 | +252.0% |
| Advances received on contracts in progress | 46 | €7,489 | €6,199 | -€1,290 | -17.2% |
| Taxes, remuneration and social security | 45 | €21,775 | €29,154 | +€7,379 | +33.9% |
| Taxes | 450/3 | €18,725 | €29,154 | +€10,429 | +55.7% |
| Remuneration and social security | 454/9 | €3,050 | - | -€3,050 | |
| Other amounts payable | 47/48 | €51,411 | €42,065 | -€9,346 | -18.2% |
| Accrued charges and deferred income | 492/3 | €18,113 | €21,263 | +€3,150 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,470 | €78,184 | +€1,714 | +2.2% |
| Other operating charges | 640/8 | €4,087 | €7,065 | +€2,978 | +72.9% |
| Gross operating margin | 9900 | €163,208 | €220,659 | +€57,451 | +35.2% |
| Operating profit (loss) | 9901 | €82,650 | €135,409 | +€52,759 | +63.8% |
| Financial income | 75/76B | €0 | €13,004 | +€13,004 | +130038500.0% |
| Recurring financial income | 75 | €0 | €13,004 | +€13,004 | +130038500.0% |
| Financial charges | 65/66B | €47,081 | €43,082 | -€3,999 | -8.5% |
| Recurring financial charges | 65 | €47,081 | €43,082 | -€3,999 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €35,570 | €105,331 | +€69,762 | +196.1% |
| Income taxes | 67/77 | €10,261 | €27,212 | +€16,951 | +165.2% |
| Profit (loss) for the period | 9904 | €25,309 | €78,119 | +€52,810 | +208.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,309 | €78,119 | +€52,810 | +208.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.