ORIS - BAELUS: 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.
ORIS - BAELUS
Largest movements
- Cash +€61,043
up €61,043 (+80.3%), from €76,013 to €137,057
mainly Net result for the year (+€38,500) and Depreciation (+€20,606)
- Tangible fixed assets -€16,599
down €16,599 (-7.7%), from €216,034 to €199,435
of which Furniture and vehicles: -€10,167
- Stocks and contracts -€7,830
down €7,830 (-22.0%), from €35,657 to €27,827
- Reserves +€36,930
up €36,930 (+22.8%), from €161,861 to €198,790
- Tax, wage and social debts -€3,941
down €3,941 (-20.3%), from €19,420 to €15,478
of which Remuneration and social security: -€3,058
- Gross operating margin +€27,705
up €27,705 (+18.8%), from €147,086 to €174,791
- Taxes +€8,387
up €8,387 (+81.7%), from €10,260 to €18,648
- Other operating charges +€2,119
up €2,119 (+147.4%), from €1,438 to €3,556
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,363 | €369,351 | +€32,989 | +9.8% |
| Fixed assets | 21/28 | €216,034 | €199,435 | -€16,599 | -7.7% |
| Tangible fixed assets | 22/27 | €216,034 | €199,435 | -€16,599 | -7.7% |
| Plant, machinery and equipment | 23 | €2,966 | €2,205 | -€760 | -25.6% |
| Furniture and vehicles | 24 | €27,794 | €17,627 | -€10,167 | -36.6% |
| Other tangible fixed assets | 26 | €185,275 | €179,603 | -€5,672 | -3.1% |
| Current assets | 29/58 | €120,328 | €169,916 | +€49,588 | +41.2% |
| Stocks and contracts in progress | 3 | €35,657 | €27,827 | -€7,830 | -22.0% |
| Stocks | 30/36 | €35,657 | €27,827 | -€7,830 | -22.0% |
| Amounts receivable within one year | 40/41 | €6,955 | €3,978 | -€2,977 | -42.8% |
| Trade receivables | 40 | €1,107 | €3,264 | +€2,157 | +194.8% |
| Other amounts receivable | 41 | €5,848 | €714 | -€5,134 | -87.8% |
| Cash at bank and in hand | 54/58 | €76,013 | €137,057 | +€61,043 | +80.3% |
| Deferred charges and accrued income | 490/1 | €1,703 | €1,054 | -€649 | -38.1% |
| Total equity and liabilities | 10/49 | €336,363 | €369,351 | +€32,989 | +9.8% |
| Equity | 10/15 | €307,008 | €343,937 | +€36,930 | +12.0% |
| Contributions | 10/11 | €145,147 | €145,147 | = | 0.0% |
| Reserves | 13 | €161,861 | €198,790 | +€36,930 | +22.8% |
| Distributable reserves | 133 | €161,861 | €198,790 | +€36,930 | +22.8% |
| Amounts payable | 17/49 | €29,355 | €25,414 | -€3,941 | -13.4% |
| Amounts payable within one year | 42/48 | €28,238 | €25,114 | -€3,124 | -11.1% |
| Trade debts | 44 | €8,398 | €8,860 | +€461 | +5.5% |
| Suppliers | 440/4 | €8,398 | €8,860 | +€461 | +5.5% |
| Taxes, remuneration and social security | 45 | €19,420 | €15,478 | -€3,941 | -20.3% |
| Taxes | 450/3 | €2,108 | €1,224 | -€884 | -41.9% |
| Remuneration and social security | 454/9 | €17,312 | €14,254 | -€3,058 | -17.7% |
| Other amounts payable | 47/48 | €420 | €776 | +€356 | +84.8% |
| Accrued charges and deferred income | 492/3 | €1,117 | €300 | -€817 | -73.2% |
| Remuneration, social security and pensions | 62 | €91,608 | €92,870 | +€1,262 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,384 | €20,606 | -€778 | -3.6% |
| Other operating charges | 640/8 | €1,438 | €3,556 | +€2,119 | +147.4% |
| Gross operating margin | 9900 | €147,086 | €174,791 | +€27,705 | +18.8% |
| Operating profit (loss) | 9901 | €32,656 | €57,759 | +€25,102 | +76.9% |
| Financial income | 75/76B | €18 | €36 | +€18 | +103.5% |
| Recurring financial income | 75 | €18 | €36 | +€18 | +103.5% |
| Financial charges | 65/66B | €1,270 | €647 | -€623 | -49.0% |
| Recurring financial charges | 65 | €1,270 | €647 | -€623 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €31,404 | €57,148 | +€25,744 | +82.0% |
| Income taxes | 67/77 | €10,260 | €18,648 | +€8,387 | +81.7% |
| Profit (loss) for the period | 9904 | €21,144 | €38,500 | +€17,356 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,144 | €38,500 | +€17,356 | +82.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.