ORKA: 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.
ORKA
Largest movements
- Tangible fixed assets -€61,540
down €61,540 (-4.5%), from €1.4m to €1.3m
of which Land and buildings: -€61,111
- Current investments -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Receivables within one year +€31,745
up €31,745 (+706.4%), from €4,494 to €36,240
of which Other amounts receivable: +€33,084
- Profit (loss) carried forward -€37,655
down €37,655 (-93.0%), from -€40,504 to -€78,159
- Debts after one year -€19,000
down €19,000 (-5.4%), from €354,667 to €335,666
- Gross operating margin +€33,680
up €33,680 (+124.9%), from €26,959 to €60,639
- Other operating charges +€14,777
up €14,777 (+1050.1%), from €1,407 to €16,184
- Depreciation +€13,782
up €13,782 (+21.6%), from €63,728 to €77,510
- Taxes -€12,177
down €12,177, from €6,177 to -€6,000
- Financial charges +€6,788
up €6,788 (+100.7%), from €6,742 to €13,531
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 | €1,542,720 | €1,478,220 | -€64,499 | -4.2% |
| Fixed assets | 21/28 | €1,379,606 | €1,318,066 | -€61,540 | -4.5% |
| Tangible fixed assets | 22/27 | €1,379,606 | €1,318,066 | -€61,540 | -4.5% |
| Land and buildings | 22 | €1,378,050 | €1,316,939 | -€61,111 | -4.4% |
| Furniture and vehicles | 24 | €1,556 | €1,127 | -€429 | -27.5% |
| Current assets | 29/58 | €163,113 | €160,154 | -€2,959 | -1.8% |
| Amounts receivable within one year | 40/41 | €4,494 | €36,240 | +€31,745 | +706.4% |
| Trade receivables | 40 | €1,800 | €461 | -€1,339 | -74.4% |
| Other amounts receivable | 41 | €2,694 | €35,778 | +€33,084 | +1228.0% |
| Current investments | 50/53 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €8,619 | €23,915 | +€15,295 | +177.5% |
| Total equity and liabilities | 10/49 | €1,542,720 | €1,478,220 | -€64,499 | -4.2% |
| Equity | 10/15 | €1,146,092 | €1,108,023 | -€38,069 | -3.3% |
| Contributions | 10/11 | €1,175,879 | €1,175,879 | = | 0.0% |
| Capital | 10 | €1,175,879 | €1,175,879 | = | 0.0% |
| Issued capital | 100 | €1,175,879 | €1,175,879 | = | 0.0% |
| Reserves | 13 | €10,718 | €10,303 | -€414 | -3.9% |
| Non-distributable reserves | 130/1 | €162 | €162 | = | 0.0% |
| Legal reserve | 130 | €162 | €162 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,556 | €10,141 | -€414 | -3.9% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€40,504 | -€78,159 | -€37,655 | -93.0% |
| Provisions and deferred taxes | 16 | €3,519 | €3,380 | -€138 | -3.9% |
| Deferred taxes | 168 | €3,519 | €3,380 | -€138 | -3.9% |
| Amounts payable | 17/49 | €393,109 | €366,817 | -€26,292 | -6.7% |
| Amounts payable after more than one year | 17 | €354,667 | €335,666 | -€19,000 | -5.4% |
| Financial debts | 170/4 | €354,667 | €335,666 | -€19,000 | -5.4% |
| Amounts payable within one year | 42/48 | €34,023 | €25,470 | -€8,552 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €19,000 | €19,000 | = | 0.0% |
| Trade debts | 44 | €762 | €0 | -€762 | -100.0% |
| Suppliers | 440/4 | €762 | €0 | -€762 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,261 | €6,470 | -€7,791 | -54.6% |
| Accrued charges and deferred income | 492/3 | €4,420 | €5,680 | +€1,260 | +28.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,728 | €77,510 | +€13,782 | +21.6% |
| Other operating charges | 640/8 | €1,407 | €16,184 | +€14,777 | +1050.1% |
| Gross operating margin | 9900 | €26,959 | €60,639 | +€33,680 | +124.9% |
| Operating profit (loss) | 9901 | -€38,177 | -€33,055 | +€5,122 | +13.4% |
| Financial income | 75/76B | €7,227 | €2,379 | -€4,848 | -67.1% |
| Recurring financial income | 75 | €7,227 | €2,379 | -€4,848 | -67.1% |
| Financial charges | 65/66B | €6,742 | €13,531 | +€6,788 | +100.7% |
| Recurring financial charges | 65 | €6,742 | €13,531 | +€6,788 | +100.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,692 | -€44,207 | -€6,515 | -17.3% |
| Transfer from deferred taxes | 780 | €76 | €138 | +€62 | +80.9% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €6,177 | -€6,000 | -€12,177 | |
| Profit (loss) for the period | 9904 | -€43,793 | -€38,069 | +€5,724 | +13.1% |
| Transfer from tax-exempt reserves | 789 | €229 | €414 | +€185 | +80.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,564 | -€37,655 | +€5,909 | +13.6% |
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 11 October 2026 via checked.be.