Orkah: 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.
Orkah
Largest movements
- Cash +€45,090
up €45,090 (+227.3%), from €19,834 to €64,923
mainly Receivables within one year (+€33,746) and Net result for the year (+€25,770)
- Receivables within one year -€33,746
down €33,746 (-26.5%), from €127,501 to €93,755
of which Trade receivables: -€29,269
- Stocks and contracts -€24,419
down €24,419 (-63.8%), from €38,260 to €13,841
- Tangible fixed assets -€2,190
down €2,190 (-57.8%), from €3,792 to €1,602
- Trade debts -€40,419
down €40,419 (-39.7%), from €101,740 to €61,320
- Other debts +€16,211
up €16,211 (+21.3%), from €76,236 to €92,447
- Tax, wage and social debts +€7,844
up €7,844 (+1787.5%), from €439 to €8,282
- Gross operating margin -€23,014
down €23,014 (-43.5%), from €52,883 to €29,870
- Write-downs +€656
new in 2025: €656
- Financial income -€611
down €611 (-40.4%), from €1,512 to €901
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 | €190,239 | €174,644 | -€15,595 | -8.2% |
| Fixed assets | 21/28 | €3,792 | €1,602 | -€2,190 | -57.8% |
| Tangible fixed assets | 22/27 | €3,792 | €1,602 | -€2,190 | -57.8% |
| Furniture and vehicles | 24 | €3,792 | €1,602 | -€2,190 | -57.8% |
| Current assets | 29/58 | €186,447 | €173,042 | -€13,405 | -7.2% |
| Stocks and contracts in progress | 3 | €38,260 | €13,841 | -€24,419 | -63.8% |
| Stocks | 30/36 | €38,260 | €13,841 | -€24,419 | -63.8% |
| Amounts receivable within one year | 40/41 | €127,501 | €93,755 | -€33,746 | -26.5% |
| Trade receivables | 40 | €94,551 | €65,281 | -€29,269 | -31.0% |
| Other amounts receivable | 41 | €32,951 | €28,474 | -€4,477 | -13.6% |
| Cash at bank and in hand | 54/58 | €19,834 | €64,923 | +€45,090 | +227.3% |
| Deferred charges and accrued income | 490/1 | €852 | €523 | -€329 | -38.6% |
| Total equity and liabilities | 10/49 | €190,239 | €174,644 | -€15,595 | -8.2% |
| Equity | 10/15 | €11,824 | €12,594 | +€770 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,764 | €4,534 | +€770 | +20.5% |
| Amounts payable | 17/49 | €178,415 | €162,050 | -€16,365 | -9.2% |
| Amounts payable within one year | 42/48 | €178,415 | €162,050 | -€16,365 | -9.2% |
| Trade debts | 44 | €101,740 | €61,320 | -€40,419 | -39.7% |
| Suppliers | 440/4 | €101,740 | €61,320 | -€40,419 | -39.7% |
| Taxes, remuneration and social security | 45 | €439 | €8,282 | +€7,844 | +1787.5% |
| Taxes | 450/3 | €439 | €8,282 | +€7,844 | +1787.5% |
| Other amounts payable | 47/48 | €76,236 | €92,447 | +€16,211 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,155 | €2,190 | +€35 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €656 | +€656 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €52,883 | €29,870 | -€23,014 | -43.5% |
| Operating profit (loss) | 9901 | €50,224 | €26,504 | -€23,720 | -47.2% |
| Financial income | 75/76B | €1,512 | €901 | -€611 | -40.4% |
| Recurring financial income | 75 | €1,512 | €901 | -€611 | -40.4% |
| Financial charges | 65/66B | €1,899 | €1,375 | -€525 | -27.6% |
| Recurring financial charges | 65 | €1,899 | €1,375 | -€525 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €49,836 | €26,030 | -€23,806 | -47.8% |
| Income taxes | 67/77 | €478 | €260 | -€218 | -45.6% |
| Profit (loss) for the period | 9904 | €49,358 | €25,770 | -€23,587 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,358 | €25,770 | -€23,587 | -47.8% |
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 8 October 2026 via checked.be.