ORION LUBE SYSTEM: what changed
ORION LUBE SYSTEM
Largest movements
- Receivables within one year -€277,383
down €277,383 (-42.9%), from €646,660 to €369,277
of which Trade receivables: -€278,564
- Intangible fixed assets +€161,001
up €161,001 (+649%), from €24,825 to €185,826
- Stocks and contracts +€76,071
up €76,071 (+33.6%), from €226,475 to €302,546
- Cash +€71,048
new in 2025: €71,048
mainly Receivables within one year (+€277,383) and Other debts (+€155,000)
- Tangible fixed assets +€13,183
up €13,183 (+45.6%), from €28,906 to €42,089
of which Plant, machinery and equipment: +€9,398
- Other debts +€155,000
new in 2025: €155,000
- Trade debts -€109,691
down €109,691 (-18.9%), from €579,151 to €469,460
- Accrued charges and deferred income -€40,083
down €40,083 (-46.1%), from €87,024 to €46,941
- Profit (loss) carried forward +€24,627
up €24,627 (+37.8%), from -€65,111 to -€40,484
- Tax, wage and social debts +€17,564
up €17,564 (+20.4%), from €86,269 to €103,833
of which Remuneration and social security: +€8,872
- Gross operating margin +€451,320
up €451,320 (+150%), from €301,014 to €752,334
- Turnover +€259,237
up €259,237 (+12.9%), from €2.0m to €2.3m
- Purchases and services -€192,083
down €192,083 (-11.2%), from €1.7m to €1.5m
- Staff costs +€108,093
up €108,093 (+19.2%), from €563,958 to €672,051
- Write-downs +€90,908
no longer reported in 2025 (was -€90,908)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €936,242 | €981,753 | +€45,511 | +4.9% |
| Fixed assets | 21/28 | €62,489 | €236,662 | +€174,173 | +279% |
| Intangible fixed assets | 21 | €24,825 | €185,826 | +€161,001 | +649% |
| Tangible fixed assets | 22/27 | €28,906 | €42,089 | +€13,183 | +45.6% |
| Plant, machinery and equipment | 23 | €12,294 | €21,692 | +€9,398 | +76.4% |
| Furniture and vehicles | 24 | €16,612 | €18,996 | +€2,384 | +14.4% |
| Other tangible fixed assets | 26 | - | €1,401 | +€1,401 | |
| Financial fixed assets | 28 | €8,758 | €8,747 | -€11 | -0.1% |
| Current assets | 29/58 | €873,753 | €745,091 | -€128,662 | -14.7% |
| Stocks and contracts in progress | 3 | €226,475 | €302,546 | +€76,071 | +33.6% |
| Stocks | 30/36 | €226,475 | €302,546 | +€76,071 | +33.6% |
| Amounts receivable within one year | 40/41 | €646,660 | €369,277 | -€277,383 | -42.9% |
| Trade receivables | 40 | €645,700 | €367,136 | -€278,564 | -43.1% |
| Other amounts receivable | 41 | €960 | €2,141 | +€1,181 | +123% |
| Cash at bank and in hand | 54/58 | - | €71,048 | +€71,048 | |
| Deferred charges and accrued income | 490/1 | €618 | €2,220 | +€1,602 | +259% |
| Total equity and liabilities | 10/49 | €936,242 | €981,753 | +€45,511 | +4.9% |
| Equity | 10/15 | €181,892 | €206,519 | +€24,627 | +13.5% |
| Contributions | 10/11 | €223,104 | €223,104 | = | 0.0% |
| Capital | 10 | €223,104 | €223,104 | = | 0.0% |
| Issued capital | 100 | €223,104 | €223,104 | = | 0.0% |
| Reserves | 13 | €23,899 | €23,899 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,899 | €23,899 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,288 | €17,288 | = | 0.0% |
| Other | 1319 | €6,611 | €6,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,111 | -€40,484 | +€24,627 | +37.8% |
| Amounts payable | 17/49 | €754,350 | €775,234 | +€20,884 | +2.8% |
| Amounts payable within one year | 42/48 | €667,326 | €728,293 | +€60,967 | +9.1% |
| Financial debts | 43 | €1,906 | - | -€1,906 | |
| Credit institutions | 430/8 | €1,906 | - | -€1,906 | |
| Trade debts | 44 | €579,151 | €469,460 | -€109,691 | -18.9% |
| Suppliers | 440/4 | €579,151 | €469,460 | -€109,691 | -18.9% |
| Taxes, remuneration and social security | 45 | €86,269 | €103,833 | +€17,564 | +20.4% |
| Taxes | 450/3 | €5,004 | €13,696 | +€8,692 | +174% |
| Remuneration and social security | 454/9 | €81,265 | €90,137 | +€8,872 | +10.9% |
| Other amounts payable | 47/48 | - | €155,000 | +€155,000 | |
| Accrued charges and deferred income | 492/3 | €87,024 | €46,941 | -€40,083 | -46.1% |
| Turnover | 70 | €2,013,194 | €2,272,431 | +€259,237 | +12.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,712,180 | €1,520,097 | -€192,083 | -11.2% |
| Remuneration, social security and pensions | 62 | €563,958 | €672,051 | +€108,093 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,074 | €36,513 | +€18,439 | +102% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€90,908 | - | +€90,908 | |
| Other operating charges | 640/8 | €954 | €11,946 | +€10,992 | +1,152% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €301,014 | €752,334 | +€451,320 | +150% |
| Operating profit (loss) | 9901 | -€191,314 | €31,824 | +€223,138 | |
| Financial income | 75/76B | €669 | €262 | -€407 | -60.8% |
| Recurring financial income | 75 | €669 | €262 | -€407 | -60.8% |
| Financial charges | 65/66B | €6,164 | €7,459 | +€1,295 | +21.0% |
| Recurring financial charges | 65 | €6,164 | €7,459 | +€1,295 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | -€196,809 | €24,627 | +€221,436 | |
| Profit (loss) for the period | 9904 | -€196,809 | €24,627 | +€221,436 | |
| Profit (loss) for the period to be appropriated | 9905 | -€196,809 | €24,627 | +€221,436 |
Next steps
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.