Orkkev: 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.
Orkkev
Largest movements
- Tangible fixed assets +€787,169
up €787,169 (+137%), from €573,912 to €1.4m
- Receivables within one year +€30,430
up €30,430 (+159%), from €19,166 to €49,596
of which Trade receivables: +€15,819
- Cash +€19,593
up €19,593 (+277%), from €7,072 to €26,665
mainly Debts after one year (+€746,010) and Other debts (+€84,000)
- Debts after one year +€746,010
up €746,010 (+130%), from €574,325 to €1.3m
- Other debts +€84,000
new in 2025: €84,000
- Current portion of long-term debt -€15,036
down €15,036 (-44.7%), from €33,610 to €18,574
- Contributions +€15,000
up €15,000 (+300%), from €5,000 to €20,000
of which Contributions outside capital: +€20,000
- Financial charges -€25,999
down €25,999 (-97.8%), from €26,575 to €576
- Other operating charges +€6,569
up €6,569 (+5,567%), from €118 to €6,687
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 | €600,150 | €1,438,451 | +€838,301 | +140% |
| Fixed assets | 21/28 | €573,912 | €1,361,081 | +€787,169 | +137% |
| Tangible fixed assets | 22/27 | €573,912 | €1,361,081 | +€787,169 | +137% |
| Land and buildings | 22 | €573,912 | €1,361,081 | +€787,169 | +137% |
| Current assets | 29/58 | €26,238 | €77,370 | +€51,132 | +195% |
| Amounts receivable within one year | 40/41 | €19,166 | €49,596 | +€30,430 | +159% |
| Trade receivables | 40 | €4,181 | €20,000 | +€15,819 | +378% |
| Other amounts receivable | 41 | €14,985 | €29,596 | +€14,612 | +97.5% |
| Cash at bank and in hand | 54/58 | €7,072 | €26,665 | +€19,593 | +277% |
| Deferred charges and accrued income | 490/1 | - | €1,109 | +€1,109 | |
| Total equity and liabilities | 10/49 | €600,150 | €1,438,451 | +€838,301 | +140% |
| Equity | 10/15 | -€7,785 | €14,345 | +€22,130 | |
| Contributions | 10/11 | €5,000 | €20,000 | +€15,000 | +300% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Contributions outside capital | 11 | - | €20,000 | +€20,000 | |
| Other | 1109/19 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€12,785 | -€5,655 | +€7,130 | +55.8% |
| Amounts payable | 17/49 | €607,935 | €1,424,106 | +€816,171 | +134% |
| Amounts payable after more than one year | 17 | €574,325 | €1,320,335 | +€746,010 | +130% |
| Financial debts | 170/4 | €574,325 | €1,320,335 | +€746,010 | +130% |
| Amounts payable within one year | 42/48 | €33,610 | €103,771 | +€70,161 | +209% |
| Current portion of amounts payable after more than one year | 42 | €33,610 | €18,574 | -€15,036 | -44.7% |
| Trade debts | 44 | - | €1,197 | +€1,197 | |
| Suppliers | 440/4 | - | €1,197 | +€1,197 | |
| Other amounts payable | 47/48 | - | €84,000 | +€84,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,866 | €19,656 | -€209 | -1.1% |
| Other operating charges | 640/8 | €118 | €6,687 | +€6,569 | +5,567% |
| Gross operating margin | 9900 | €33,774 | €34,049 | +€275 | +0.8% |
| Operating profit (loss) | 9901 | €13,790 | €7,706 | -€6,085 | -44.1% |
| Financial charges | 65/66B | €26,575 | €576 | -€25,999 | -97.8% |
| Recurring financial charges | 65 | €26,575 | €576 | -€25,999 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,785 | €7,130 | +€19,914 | |
| Profit (loss) for the period | 9904 | -€12,785 | €7,130 | +€19,914 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,785 | €7,130 | +€19,914 |
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 23 October 2026 via checked.be.