ORKA HOLDING: 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 HOLDING
Largest movements
- Cash -€2.4m
down €2.4m (-95.0%), from €2.5m to €125,701
mainly Contributions, distributions and other (-€4.8m) and Other debts (-€355,383)
- Intangible fixed assets -€665,088
down €665,088 (-22.2%), from €3.0m to €2.3m
- Financial fixed assets -€365,500
down €365,500 (-14.2%), from €2.6m to €2.2m
of which Affiliated companies: -€365,500
- Receivables within one year -€355,755
down €355,755 (-21.2%), from €1.7m to €1.3m
of which Other amounts receivable: -€347,852
- Profit (loss) carried forward -€3.4m
down €3.4m (-85.5%), from €3.9m to €572,399
- Other debts -€355,383
down €355,383 (-26.9%), from €1.3m to €965,064
- Financial income -€1.7m
down €1.7m (-44.6%), from €3.9m to €2.1m
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.
Derived cash bridge
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 | €9,753,584 | €5,977,792 | -€3.8m | -38.7% |
| Fixed assets | 21/28 | €5,561,797 | €4,531,209 | -€1.0m | -18.5% |
| Intangible fixed assets | 21 | €2,992,895 | €2,327,807 | -€665,088 | -22.2% |
| Financial fixed assets | 28 | €2,568,902 | €2,203,402 | -€365,500 | -14.2% |
| Affiliated companies | 280/1 | €2,565,500 | €2,200,000 | -€365,500 | -14.2% |
| Participating interests | 280 | €2,152,500 | €1,787,000 | -€365,500 | -17.0% |
| Amounts receivable | 281 | €413,000 | €413,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,402 | €3,402 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,402 | €3,402 | = | 0.0% |
| Current assets | 29/58 | €4,191,787 | €1,446,583 | -€2.7m | -65.5% |
| Amounts receivable within one year | 40/41 | €1,676,638 | €1,320,882 | -€355,755 | -21.2% |
| Trade receivables | 40 | €7,903 | - | -€7,903 | |
| Other amounts receivable | 41 | €1,668,735 | €1,320,882 | -€347,852 | -20.8% |
| Cash at bank and in hand | 54/58 | €2,515,149 | €125,701 | -€2.4m | -95.0% |
| Total equity and liabilities | 10/49 | €9,753,584 | €5,977,792 | -€3.8m | -38.7% |
| Equity | 10/15 | €7,880,661 | €4,504,851 | -€3.4m | -42.8% |
| Contributions | 10/11 | €3,574,956 | €3,574,956 | = | 0.0% |
| Reserves | 13 | €357,496 | €357,496 | = | 0.0% |
| Non-distributable reserves | 130/1 | €357,496 | €357,496 | = | 0.0% |
| Reserves not available under the articles | 1311 | €357,496 | €357,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,948,209 | €572,399 | -€3.4m | -85.5% |
| Amounts payable | 17/49 | €1,872,923 | €1,472,942 | -€399,982 | -21.4% |
| Amounts payable within one year | 42/48 | €1,824,253 | €1,465,064 | -€359,189 | -19.7% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €3,805 | - | -€3,805 | |
| Suppliers | 440/4 | €3,805 | - | -€3,805 | |
| Other amounts payable | 47/48 | €1,320,447 | €965,064 | -€355,383 | -26.9% |
| Accrued charges and deferred income | 492/3 | €48,670 | €7,877 | -€40,793 | -83.8% |
| Operating income | 70/76A | €19,381 | - | -€19,381 | |
| Other operating income | 74 | €19,381 | - | -€19,381 | |
| Operating charges | 60/66A | €712,686 | €707,857 | -€4,829 | -0.7% |
| Services and other goods | 61 | €46,616 | €23,471 | -€23,145 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665,088 | €665,088 | +€0 | 0.0% |
| Other operating charges | 640/8 | €982 | €19,298 | +€18,316 | +1,866% |
| Operating profit (loss) | 9901 | -€693,304 | -€707,857 | -€14,552 | -2.1% |
| Financial income | 75/76B | €3,860,396 | €2,140,000 | -€1.7m | -44.6% |
| Recurring financial income | 75 | €3,860,396 | €2,140,000 | -€1.7m | -44.6% |
| Income from financial fixed assets | 750 | €3,860,396 | €2,140,000 | -€1.7m | -44.6% |
| Financial charges | 65/66B | €80,628 | €32,954 | -€47,675 | -59.1% |
| Recurring financial charges | 65 | €80,628 | €32,954 | -€47,675 | -59.1% |
| Debt charges | 650 | €55,623 | €7,877 | -€47,745 | -85.8% |
| Other financial charges | 652/9 | €25,005 | €25,076 | +€71 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €3,086,464 | €1,399,190 | -€1.7m | -54.7% |
| Profit (loss) for the period | 9904 | €3,086,464 | €1,399,190 | -€1.7m | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,086,464 | €1,399,190 | -€1.7m | -54.7% |
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 26 October 2026 via checked.be.