Orizont-Lux: 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.
Orizont-Lux
Largest movements
- Receivables within one year -€4,990
down €4,990 (-55.5%), from €8,990 to €4,001
of which Other amounts receivable: -€4,813
- Cash -€4,098
down €4,098 (-79.5%), from €5,153 to €1,055
mainly Net result for the year (-€5,896) and Tax, wage and social debts (-€3,583)
- Tangible fixed assets -€3,128
down €3,128 (-69.3%), from €4,517 to €1,388
- Profit (loss) carried forward -€5,896
down €5,896, from €3,790 to -€2,106
- Tax, wage and social debts -€3,583
down €3,583 (-96.2%), from €3,724 to €141
- Debts after one year -€1,985
down €1,985 (-44.8%), from €4,427 to €2,442
- Trade debts -€635
down €635 (-22.5%), from €2,816 to €2,182
- Gross operating margin +€366
up €366 (+21.8%), from -€1,677 to -€1,311
- Other operating charges +€352
up €352 (+74.9%), from €470 to €822
- Financial charges -€87
down €87 (-14.9%), from €586 to €499
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 | €18,660 | €6,444 | -€12,216 | -65.5% |
| Fixed assets | 21/28 | €4,517 | €1,388 | -€3,128 | -69.3% |
| Tangible fixed assets | 22/27 | €4,517 | €1,388 | -€3,128 | -69.3% |
| Furniture and vehicles | 24 | €4,517 | €1,388 | -€3,128 | -69.3% |
| Current assets | 29/58 | €14,143 | €5,055 | -€9,088 | -64.3% |
| Amounts receivable within one year | 40/41 | €8,990 | €4,001 | -€4,990 | -55.5% |
| Trade receivables | 40 | €177 | - | -€177 | |
| Other amounts receivable | 41 | €8,813 | €4,001 | -€4,813 | -54.6% |
| Cash at bank and in hand | 54/58 | €5,153 | €1,055 | -€4,098 | -79.5% |
| Total equity and liabilities | 10/49 | €18,660 | €6,444 | -€12,216 | -65.5% |
| Equity | 10/15 | €5,790 | -€106 | -€5,896 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,790 | -€2,106 | -€5,896 | |
| Amounts payable | 17/49 | €12,870 | €6,550 | -€6,320 | -49.1% |
| Amounts payable after more than one year | 17 | €4,427 | €2,442 | -€1,985 | -44.8% |
| Financial debts | 170/4 | €4,427 | €2,442 | -€1,985 | -44.8% |
| Amounts payable within one year | 42/48 | €8,443 | €4,108 | -€4,335 | -51.3% |
| Current portion of amounts payable after more than one year | 42 | €1,902 | €1,785 | -€117 | -6.2% |
| Trade debts | 44 | €2,816 | €2,182 | -€635 | -22.5% |
| Suppliers | 440/4 | €2,816 | €2,182 | -€635 | -22.5% |
| Taxes, remuneration and social security | 45 | €3,724 | €141 | -€3,583 | -96.2% |
| Taxes | 450/3 | €3,724 | €141 | -€3,583 | -96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,128 | €3,128 | = | 0.0% |
| Other operating charges | 640/8 | €470 | €822 | +€352 | +74.9% |
| Gross operating margin | 9900 | -€1,677 | -€1,311 | +€366 | +21.8% |
| Operating profit (loss) | 9901 | -€5,275 | -€5,261 | +€14 | +0.3% |
| Financial income | 75/76B | €3 | €5 | +€2 | +54.8% |
| Recurring financial income | 75 | €3 | €5 | +€2 | +54.8% |
| Financial charges | 65/66B | €586 | €499 | -€87 | -14.9% |
| Recurring financial charges | 65 | €586 | €499 | -€87 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,858 | -€5,755 | +€103 | +1.8% |
| Income taxes | 67/77 | €128 | €141 | +€13 | +10.1% |
| Profit (loss) for the period | 9904 | -€5,986 | -€5,896 | +€90 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,986 | -€5,896 | +€90 | +1.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.