ORINOCO ART: what changed
What changed
ORINOCO ART
NACE 47.791, Retail sale of antiques
filed annual accounts (NBB)
Net result for the year
-€259,309
2023 · -€87,892-€171,417
Equity
€2.1m
2023 · €2.4m-€259,309
Cash
€255
2023 · €824-€570
Balance sheet total
€2.9m
2023 · €2.9m+€2,952
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year +€501,741
up €501,741 (+225%), from €223,462 to €725,203
- Profit (loss) carried forward -€252,497
down €252,497 (-146%), from -€172,364 to -€424,861
- Short-term financial debts -€112,177
down €112,177 (-89.7%), from €125,039 to €12,862
- Current portion of long-term debt -€101,715
down €101,715 (-95.7%), from €106,310 to €4,595
Income statement
- Other operating charges +€82,040
up €82,040 (+1,420%), from €5,776 to €87,816
- Gross operating margin -€69,961
down €69,961, from €18,764 to -€51,197
- Financial charges +€27,328
up €27,328 (+132%), from €20,722 to €48,050
- Depreciation -€7,680
down €7,680 (-9.3%), from €82,555 to €74,875
Change in the result, 2023 to 2024
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 2023
-€87,892
Gross operating margin
-€69,961
Depreciation
+€7,680
Other operating charges
-€82,040
Financial income
+€19
Financial charges
-€27,328
Taxes
+€213
Result 2024
-€259,309
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€232,346
Investment
-€56,072
Financing
+€287,849
Cash 2023
€824
From operations (derived)
-€232,346
Net result for the year
-€259,309
Depreciation
+€74,875
Smaller working-capital items
+€1,259
Receivables within one year
-€23,324
Provisions
-€2,850
Trade debts
-€22,997
Investment (derived)
-€56,072
Investment in fixed assets (net)
-€56,072
Financing
+€287,849
Debts after one year
+€501,741
Current portion of long-term debt
-€101,715
Short-term financial debts
-€112,177
Cash 2024
€255
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,900,613 | €2,903,565 | +€2,952 | +0.1% |
| Fixed assets | 21/28 | €2,824,617 | €2,805,814 | -€18,803 | -0.7% |
| Tangible fixed assets | 22/27 | €2,822,934 | €2,804,439 | -€18,495 | -0.7% |
| Land and buildings | 22 | €2,080,328 | €2,068,057 | -€12,271 | -0.6% |
| Plant, machinery and equipment | 23 | €19,328 | €15,086 | -€4,242 | -21.9% |
| Furniture and vehicles | 24 | €706,799 | €705,114 | -€1,685 | -0.2% |
| Other tangible fixed assets | 26 | €16,480 | €16,182 | -€297 | -1.8% |
| Financial fixed assets | 28 | €1,682 | €1,374 | -€308 | -18.3% |
| Current assets | 29/58 | €75,997 | €97,751 | +€21,755 | +28.6% |
| Stocks and contracts in progress | 3 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Stocks | 30/36 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €72,172 | €95,497 | +€23,324 | +32.3% |
| Trade receivables | 40 | €11,160 | €14,627 | +€3,467 | +31.1% |
| Other amounts receivable | 41 | €61,012 | €80,870 | +€19,857 | +32.5% |
| Cash at bank and in hand | 54/58 | €824 | €255 | -€570 | -69.1% |
| Total equity and liabilities | 10/49 | €2,900,613 | €2,903,565 | +€2,952 | +0.1% |
| Equity | 10/15 | €2,384,699 | €2,125,391 | -€259,309 | -10.9% |
| Contributions | 10/11 | €1,045,775 | €1,045,775 | = | 0.0% |
| Capital | 10 | €1,045,775 | €1,045,775 | = | 0.0% |
| Issued capital | 100 | €1,045,775 | €1,045,775 | = | 0.0% |
| Revaluation surpluses | 12 | €1,450,000 | €1,450,000 | = | 0.0% |
| Reserves | 13 | €61,288 | €54,476 | -€6,812 | -11.1% |
| Tax-exempt reserves | 132 | €61,288 | €54,476 | -€6,812 | -11.1% |
| Profit (loss) carried forward | 14 | -€172,364 | -€424,861 | -€252,497 | -146% |
| Provisions and deferred taxes | 16 | €25,799 | €22,949 | -€2,850 | -11.0% |
| Deferred taxes | 168 | €25,799 | €22,949 | -€2,850 | -11.0% |
| Amounts payable | 17/49 | €490,115 | €755,226 | +€265,111 | +54.1% |
| Amounts payable after more than one year | 17 | €223,462 | €725,203 | +€501,741 | +225% |
| Financial debts | 170/4 | €223,462 | €725,203 | +€501,741 | +225% |
| Amounts payable within one year | 42/48 | €266,653 | €30,023 | -€236,630 | -88.7% |
| Current portion of amounts payable after more than one year | 42 | €106,310 | €4,595 | -€101,715 | -95.7% |
| Financial debts | 43 | €125,039 | €12,862 | -€112,177 | -89.7% |
| Credit institutions | 430/8 | €125,039 | €12,862 | -€112,177 | -89.7% |
| Trade debts | 44 | €33,619 | €10,622 | -€22,997 | -68.4% |
| Suppliers | 440/4 | €33,619 | €10,622 | -€22,997 | -68.4% |
| Taxes, remuneration and social security | 45 | €1,685 | €1,944 | +€259 | +15.4% |
| Taxes | 450/3 | €1,685 | €1,944 | +€259 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,555 | €74,875 | -€7,680 | -9.3% |
| Other operating charges | 640/8 | €5,776 | €87,816 | +€82,040 | +1,420% |
| Gross operating margin | 9900 | €18,764 | -€51,197 | -€69,961 | |
| Operating profit (loss) | 9901 | -€69,567 | -€213,888 | -€144,320 | -207% |
| Financial income | 75/76B | €9 | €28 | +€19 | +213% |
| Recurring financial income | 75 | €9 | €28 | +€19 | +213% |
| Financial charges | 65/66B | €20,722 | €48,050 | +€27,328 | +132% |
| Recurring financial charges | 65 | €20,722 | €48,050 | +€27,328 | +132% |
| Profit (loss) for the period before taxes | 9903 | -€90,280 | -€261,910 | -€171,630 | -190% |
| Transfer from deferred taxes | 780 | €2,850 | €2,850 | = | 0.0% |
| Income taxes | 67/77 | €462 | €249 | -€213 | -46.1% |
| Profit (loss) for the period | 9904 | -€87,892 | -€259,309 | -€171,417 | -195% |
| Transfer from tax-exempt reserves | 789 | €6,812 | €6,812 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,080 | -€252,497 | -€171,417 | -211% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.