Orizio: 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
Orizio
NACE 64.210, Activities of holding companies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2023 · €1.4m+€246,310
Equity
€47.3m
2023 · €45.6m+€1.7m
Cash
€3.6m
2023 · €13.2m-€9.6m
Balance sheet total
€159.4m
2023 · €163.4m-€4.0m
Largest movements
Assets
- Cash -€9.6m
down €9.6m (-73.0%), from €13.2m to €3.6m
mainly Other debts (-€6.9m) and Receivables within one year (-€5.5m)
- Receivables within one year +€5.5m
up €5.5m (+14.5%), from €37.5m to €42.9m
of which Other amounts receivable: +€6.4m
Equity and liabilities
- Other debts -€6.9m
down €6.9m (-96.9%), from €7.1m to €218,754
Income statement
No income-statement line moved by more than 1% of the activity.
From the 2023 result to the 2024 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 2023
€1.4m
Other operating items
+€209,965
Financial income
+€873,071
Financial charges
-€719,159
Taxes
-€117,567
Result 2024
€1.7m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€9.4m
Investment
-€218,754
Financing
€0
Cash 2023
€13.2m
From operations (derived)
-€9.4m
Net result for the year
+€1.7m
Receivables within one year
-€5.5m
Deferred charges and accrued income
+€0
Trade debts
-€259,955
Tax, wage and social debts
+€249,431
Other debts
-€6.9m
Accrued charges and deferred income
+€1.3m
Investment (derived)
-€218,754
Investment in fixed assets (net)
-€218,754
Cash 2024
€3.6m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,403,800 | €159,449,428 | -€4.0m | -2.4% |
| Fixed assets | 21/28 | €112,712,005 | €112,930,758 | +€218,754 | +0.2% |
| Financial fixed assets | 28 | €112,712,005 | €112,930,758 | +€218,754 | +0.2% |
| Affiliated companies | 280/1 | €112,712,005 | €112,930,758 | +€218,754 | +0.2% |
| Participating interests | 280 | €109,212,005 | €109,430,758 | +€218,754 | +0.2% |
| Amounts receivable | 281 | €3,500,000 | €3,500,000 | = | 0.0% |
| Current assets | 29/58 | €50,691,796 | €46,518,670 | -€4.2m | -8.2% |
| Amounts receivable within one year | 40/41 | €37,493,897 | €42,947,239 | +€5.5m | +14.5% |
| Trade receivables | 40 | €3,876,610 | €2,911,139 | -€965,471 | -24.9% |
| Other amounts receivable | 41 | €33,617,287 | €40,036,100 | +€6.4m | +19.1% |
| Cash at bank and in hand | 54/58 | €13,182,918 | €3,556,450 | -€9.6m | -73.0% |
| Deferred charges and accrued income | 490/1 | €14,981 | €14,981 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €163,403,800 | €159,449,428 | -€4.0m | -2.4% |
| Equity | 10/15 | €45,585,058 | €47,259,879 | +€1.7m | +3.7% |
| Contributions | 10/11 | €42,645,434 | €42,645,434 | = | 0.0% |
| Capital | 10 | €42,645,434 | €42,645,434 | = | 0.0% |
| Issued capital | 100 | €42,645,434 | €42,645,434 | = | 0.0% |
| Reserves | 13 | €146,981 | €230,722 | +€83,741 | +57.0% |
| Non-distributable reserves | 130/1 | €146,981 | €230,722 | +€83,741 | +57.0% |
| Legal reserve | 130 | €146,981 | €230,722 | +€83,741 | +57.0% |
| Profit (loss) carried forward | 14 | €2,792,643 | €4,383,722 | +€1.6m | +57.0% |
| Amounts payable | 17/49 | €117,818,742 | €112,189,550 | -€5.6m | -4.8% |
| Amounts payable after more than one year | 17 | €108,584,990 | €108,584,990 | = | 0.0% |
| Financial debts | 170/4 | €108,584,990 | €108,584,990 | = | 0.0% |
| Other loans | 174 | €108,584,990 | €108,584,990 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,606,205 | €1,714,435 | -€6.9m | -80.1% |
| Trade debts | 44 | €564,928 | €304,973 | -€259,955 | -46.0% |
| Suppliers | 440/4 | €564,928 | €304,973 | -€259,955 | -46.0% |
| Taxes, remuneration and social security | 45 | €941,278 | €1,190,708 | +€249,431 | +26.5% |
| Taxes | 450/3 | €941,278 | €1,190,708 | +€249,431 | +26.5% |
| Other amounts payable | 47/48 | €7,100,000 | €218,754 | -€6.9m | -96.9% |
| Accrued charges and deferred income | 492/3 | €627,547 | €1,890,125 | +€1.3m | +201.2% |
| Operating income | 70/76A | €2,409,157 | €2,729,958 | +€320,801 | +13.3% |
| Other operating income | 74 | €2,409,157 | €2,729,958 | +€320,801 | +13.3% |
| Operating charges | 60/66A | €169,597 | €280,433 | +€110,836 | +65.4% |
| Services and other goods | 61 | €169,597 | €280,433 | +€110,836 | +65.4% |
| Operating profit (loss) | 9901 | €2,239,559 | €2,449,525 | +€209,965 | +9.4% |
| Financial income | 75/76B | €869,220 | €1,742,291 | +€873,071 | +100.4% |
| Recurring financial income | 75 | €869,220 | €1,742,291 | +€873,071 | +100.4% |
| Income from current assets | 751 | €869,220 | €1,742,291 | +€873,071 | +100.4% |
| Financial charges | 65/66B | €1,171,282 | €1,890,442 | +€719,159 | +61.4% |
| Recurring financial charges | 65 | €1,171,282 | €1,890,442 | +€719,159 | +61.4% |
| Debt charges | 650 | €1,170,849 | €1,890,125 | +€719,276 | +61.4% |
| Other financial charges | 652/9 | €433 | €316 | -€117 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €1,937,497 | €2,301,374 | +€363,877 | +18.8% |
| Income taxes | 67/77 | €508,987 | €626,554 | +€117,567 | +23.1% |
| Taxes | 670/3 | €520,216 | €628,598 | +€108,383 | +20.8% |
| Tax adjustments and reversals of tax provisions | 77 | €11,229 | €2,045 | -€9,184 | -81.8% |
| Profit (loss) for the period | 9904 | €1,428,511 | €1,674,820 | +€246,310 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,428,511 | €1,674,820 | +€246,310 | +17.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.