ORL ACH: 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.
ORL ACH
Largest movements
- Cash +€85,526
up €85,526 (+38.5%), from €221,875 to €307,401
mainly Net result for the year (+€69,566) and Tax, wage and social debts (+€20,481)
- Tangible fixed assets -€11,834
down €11,834 (-14.4%), from €82,098 to €70,265
of which Land and buildings: -€6,465
- Receivables within one year +€5,511
up €5,511 (+9.6%), from €57,560 to €63,071
- Reserves +€69,566
up €69,566 (+22.4%), from €311,047 to €380,613
of which Distributable reserves: +€69,566
- Tax, wage and social debts +€20,481
up €20,481 (+62.5%), from €32,774 to €53,255
of which Taxes: +€19,613
- Trade debts -€10,903
down €10,903 (-98.3%), from €11,093 to €190
- Other operating charges -€5,635
down €5,635 (-62.8%), from €8,978 to €3,343
- Depreciation -€2,596
down €2,596 (-15.2%), from €17,097 to €14,501
- Taxes +€1,951
up €1,951 (+6.0%), from €32,285 to €34,236
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 | €365,900 | €445,192 | +€79,292 | +21.7% |
| Fixed assets | 21/28 | €82,098 | €70,265 | -€11,834 | -14.4% |
| Tangible fixed assets | 22/27 | €82,098 | €70,265 | -€11,834 | -14.4% |
| Land and buildings | 22 | €50,701 | €44,236 | -€6,465 | -12.8% |
| Plant, machinery and equipment | 23 | €15,544 | €14,815 | -€729 | -4.7% |
| Furniture and vehicles | 24 | €12,241 | €8,947 | -€3,293 | -26.9% |
| Other tangible fixed assets | 26 | €3,612 | €2,266 | -€1,347 | -37.3% |
| Current assets | 29/58 | €283,802 | €374,927 | +€91,125 | +32.1% |
| Amounts receivable within one year | 40/41 | €57,560 | €63,071 | +€5,511 | +9.6% |
| Other amounts receivable | 41 | €57,560 | €63,071 | +€5,511 | +9.6% |
| Cash at bank and in hand | 54/58 | €221,875 | €307,401 | +€85,526 | +38.5% |
| Deferred charges and accrued income | 490/1 | €4,367 | €4,456 | +€89 | +2.0% |
| Total equity and liabilities | 10/49 | €365,900 | €445,192 | +€79,292 | +21.7% |
| Equity | 10/15 | €319,106 | €388,672 | +€69,566 | +21.8% |
| Contributions | 10/11 | €8,059 | €8,059 | = | 0.0% |
| Reserves | 13 | €311,047 | €380,613 | +€69,566 | +22.4% |
| Tax-exempt reserves | 132 | €38,583 | €38,583 | = | 0.0% |
| Distributable reserves | 133 | €272,464 | €342,030 | +€69,566 | +25.5% |
| Amounts payable | 17/49 | €46,794 | €56,520 | +€9,726 | +20.8% |
| Amounts payable within one year | 42/48 | €46,794 | €56,520 | +€9,726 | +20.8% |
| Trade debts | 44 | €11,093 | €190 | -€10,903 | -98.3% |
| Suppliers | 440/4 | €11,093 | €190 | -€10,903 | -98.3% |
| Taxes, remuneration and social security | 45 | €32,774 | €53,255 | +€20,481 | +62.5% |
| Taxes | 450/3 | €22,208 | €41,821 | +€19,613 | +88.3% |
| Remuneration and social security | 454/9 | €10,566 | €11,434 | +€868 | +8.2% |
| Other amounts payable | 47/48 | €2,926 | €3,075 | +€148 | +5.1% |
| Remuneration, social security and pensions | 62 | €47,216 | €47,441 | +€225 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,097 | €14,501 | -€2,596 | -15.2% |
| Other operating charges | 640/8 | €8,978 | €3,343 | -€5,635 | -62.8% |
| Gross operating margin | 9900 | €167,808 | €168,868 | +€1,061 | +0.6% |
| Operating profit (loss) | 9901 | €94,517 | €103,583 | +€9,066 | +9.6% |
| Financial income | 75/76B | €275 | €462 | +€187 | +68.1% |
| Recurring financial income | 75 | €275 | €462 | +€187 | +68.1% |
| Financial charges | 65/66B | €214 | €243 | +€29 | +13.6% |
| Recurring financial charges | 65 | €214 | €243 | +€29 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €94,578 | €103,802 | +€9,225 | +9.8% |
| Income taxes | 67/77 | €32,285 | €34,236 | +€1,951 | +6.0% |
| Profit (loss) for the period | 9904 | €62,292 | €69,566 | +€7,273 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,292 | €69,566 | +€7,273 | +11.7% |
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 25 October 2026 via checked.be.