ORISON: 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.
What changed
ORISON
NACE 71.122, Land surveying
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€123,076
2024 · €132,462-€9,386
Equity
€927,513
2024 · €927,513
Cash
€231,169
2024 · €114,781+€116,388
Balance sheet total
€2.2m
2024 · €2.1m+€79,081
Largest movements
Assets
- Current investments -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Cash +€116,388
up €116,388 (+101.4%), from €114,781 to €231,169
mainly Depreciation (+€250,699) and Current investments (+€250,000)
- Stocks and contracts +€111,399
up €111,399 (+27.6%), from €402,935 to €514,334
- Intangible fixed assets +€95,706
up €95,706 (+310.7%), from €30,799 to €126,505
- Tangible fixed assets -€47,339
down €47,339 (-5.7%), from €828,422 to €781,083
of which Plant, machinery and equipment: -€61,841
Equity and liabilities
- Tax, wage and social debts +€42,755
up €42,755 (+32.0%), from €133,816 to €176,571
of which Remuneration and social security: +€26,230
- Current portion of long-term debt +€28,368
up €28,368 (+13.6%), from €208,811 to €237,178
- Other debts -€25,252
down €25,252 (-17.9%), from €141,080 to €115,828
- Short-term financial debts +€21,846
new in 2025: €21,846
Income statement
- Gross operating margin +€165,347
up €165,347 (+11.0%), from €1.5m to €1.7m
- Staff costs +€110,749
up €110,749 (+10.2%), from €1.1m to €1.2m
- Depreciation +€37,594
up €37,594 (+17.6%), from €213,106 to €250,699
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
€132,462
Gross operating margin
+€165,347
Staff costs
-€110,749
Depreciation
-€37,594
Write-downs
-€1,357
Other operating charges
+€708
Other operating items
-€30,865
Financial income
-€12,257
Financial charges
+€14,812
Taxes
+€2,568
Result 2025
€123,076
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
+€248,658
Investment
-€49,147
Financing
-€83,123
Cash 2024
€114,781
From operations (derived)
+€248,658
Net result for the year
+€123,076
Depreciation
+€250,699
Stocks and contracts
-€111,399
Receivables within one year
-€41,744
Deferred charges and accrued income
-€11,102
Trade debts
+€19,271
Tax, wage and social debts
+€42,755
Other debts
-€25,252
Accrued charges and deferred income
+€2,354
Investment (derived)
-€49,147
Investment in fixed assets (net)
-€299,147
Current investments
+€250,000
Financing
-€83,123
Debts after one year
-€10,260
Current portion of long-term debt
+€28,368
Short-term financial debts
+€21,846
Contributions, distributions and other
-€123,076
Cash 2025
€231,169
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,091,274 | €2,170,354 | +€79,081 | +3.8% |
| Fixed assets | 21/28 | €871,652 | €920,099 | +€48,448 | +5.6% |
| Intangible fixed assets | 21 | €30,799 | €126,505 | +€95,706 | +310.7% |
| Tangible fixed assets | 22/27 | €828,422 | €781,083 | -€47,339 | -5.7% |
| Land and buildings | 22 | €370,219 | €346,637 | -€23,582 | -6.4% |
| Plant, machinery and equipment | 23 | €290,574 | €228,733 | -€61,841 | -21.3% |
| Furniture and vehicles | 24 | €143,220 | €133,849 | -€9,371 | -6.5% |
| Leasing and similar rights | 25 | €24,409 | €71,864 | +€47,455 | +194.4% |
| Financial fixed assets | 28 | €12,431 | €12,511 | +€80 | +0.6% |
| Current assets | 29/58 | €1,219,622 | €1,250,255 | +€30,633 | +2.5% |
| Stocks and contracts in progress | 3 | €402,935 | €514,334 | +€111,399 | +27.6% |
| Contracts in progress | 37 | €402,935 | €514,334 | +€111,399 | +27.6% |
| Amounts receivable within one year | 40/41 | €411,056 | €452,800 | +€41,744 | +10.2% |
| Trade receivables | 40 | €376,296 | €445,840 | +€69,544 | +18.5% |
| Other amounts receivable | 41 | €34,760 | €6,961 | -€27,799 | -80.0% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €114,781 | €231,169 | +€116,388 | +101.4% |
| Deferred charges and accrued income | 490/1 | €40,851 | €51,952 | +€11,102 | +27.2% |
| Total equity and liabilities | 10/49 | €2,091,274 | €2,170,354 | +€79,081 | +3.8% |
| Equity | 10/15 | €927,513 | €927,513 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €128,160 | €128,160 | = | 0.0% |
| Tax-exempt reserves | 132 | €126,300 | €126,300 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €780,753 | €780,753 | = | 0.0% |
| Amounts payable | 17/49 | €1,163,760 | €1,242,841 | +€79,081 | +6.8% |
| Amounts payable after more than one year | 17 | €553,692 | €543,432 | -€10,260 | -1.9% |
| Financial debts | 170/4 | €553,692 | €543,432 | -€10,260 | -1.9% |
| Amounts payable within one year | 42/48 | €588,782 | €675,769 | +€86,987 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €208,811 | €237,178 | +€28,368 | +13.6% |
| Financial debts | 43 | - | €21,846 | +€21,846 | |
| Credit institutions | 430/8 | - | €21,846 | +€21,846 | |
| Trade debts | 44 | €105,076 | €124,347 | +€19,271 | +18.3% |
| Suppliers | 440/4 | €105,076 | €124,347 | +€19,271 | +18.3% |
| Taxes, remuneration and social security | 45 | €133,816 | €176,571 | +€42,755 | +32.0% |
| Taxes | 450/3 | €20,162 | €36,687 | +€16,525 | +82.0% |
| Remuneration and social security | 454/9 | €113,654 | €139,884 | +€26,230 | +23.1% |
| Other amounts payable | 47/48 | €141,080 | €115,828 | -€25,252 | -17.9% |
| Accrued charges and deferred income | 492/3 | €21,286 | €23,640 | +€2,354 | +11.1% |
| Non-recurring operating income | 76A | €5,051 | €826 | -€4,225 | -83.6% |
| Remuneration, social security and pensions | 62 | €1,087,099 | €1,197,848 | +€110,749 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213,106 | €250,699 | +€37,594 | +17.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,357 | +€1,357 | |
| Other operating charges | 640/8 | €5,417 | €4,709 | -€708 | -13.1% |
| Non-recurring operating charges | 66A | - | €30,865 | +€30,865 | |
| Gross operating margin | 9900 | €1,508,975 | €1,674,322 | +€165,347 | +11.0% |
| Operating profit (loss) | 9901 | €203,354 | €188,845 | -€14,509 | -7.1% |
| Financial income | 75/76B | €12,814 | €557 | -€12,257 | -95.7% |
| Recurring financial income | 75 | €12,578 | €557 | -€12,020 | -95.6% |
| Non-recurring financial income | 76B | €236 | €0 | -€236 | -100.0% |
| Financial charges | 65/66B | €36,460 | €21,648 | -€14,812 | -40.6% |
| Recurring financial charges | 65 | €20,015 | €21,648 | +€1,633 | +8.2% |
| Non-recurring financial charges | 66B | €16,445 | €0 | -€16,445 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €179,708 | €167,754 | -€11,954 | -6.7% |
| Income taxes | 67/77 | €47,246 | €44,678 | -€2,568 | -5.4% |
| Profit (loss) for the period | 9904 | €132,462 | €123,076 | -€9,386 | -7.1% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €132,462 | €123,076 | -€9,386 | -7.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.