Orlanda: 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.
Orlanda
Largest movements
- Cash +€108,751
up €108,751 (+82.0%), from €132,583 to €241,334
mainly Net result for the year (+€523,617) and Other debts (+€301,588)
- Receivables after one year -€85,000
down €85,000 (-100%), from €85,000 to €0
- Other debts +€301,588
up €301,588 (+60.3%), from €500,000 to €801,588
- Reserves -€277,971
down €277,971 (-48.0%), from €579,067 to €301,096
- Financial income +€200,188
up €200,188 (+71.4%), from €280,263 to €480,450
- Gross operating margin +€15,398
up €15,398 (+34.8%), from €44,306 to €59,703
- Taxes +€4,049
up €4,049 (+36.2%), from €11,184 to €15,233
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 | €1,588,162 | €1,607,819 | +€19,656 | +1.2% |
| Fixed assets | 21/28 | €1,358,685 | €1,357,659 | -€1,026 | -0.1% |
| Tangible fixed assets | 22/27 | €1,026 | €0 | -€1,026 | -100% |
| Plant, machinery and equipment | 23 | €1,026 | €0 | -€1,026 | -100% |
| Financial fixed assets | 28 | €1,357,659 | €1,357,659 | = | 0.0% |
| Current assets | 29/58 | €229,477 | €250,160 | +€20,682 | +9.0% |
| Amounts receivable after more than one year | 29 | €85,000 | €0 | -€85,000 | -100% |
| Other amounts receivable | 291 | €85,000 | €0 | -€85,000 | -100% |
| Amounts receivable within one year | 40/41 | €11,288 | €8,258 | -€3,029 | -26.8% |
| Trade receivables | 40 | €7,472 | €8,258 | +€787 | +10.5% |
| Other amounts receivable | 41 | €3,816 | €0 | -€3,816 | -100% |
| Cash at bank and in hand | 54/58 | €132,583 | €241,334 | +€108,751 | +82.0% |
| Deferred charges and accrued income | 490/1 | €607 | €568 | -€39 | -6.4% |
| Total equity and liabilities | 10/49 | €1,588,162 | €1,607,819 | +€19,656 | +1.2% |
| Equity | 10/15 | €1,079,067 | €801,096 | -€277,971 | -25.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €579,067 | €301,096 | -€277,971 | -48.0% |
| Distributable reserves | 133 | €579,067 | €301,096 | -€277,971 | -48.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €509,096 | €806,723 | +€297,627 | +58.5% |
| Amounts payable within one year | 42/48 | €509,096 | €806,723 | +€297,627 | +58.5% |
| Financial debts | 43 | €5,071 | €0 | -€5,071 | -100% |
| Credit institutions | 430/8 | €5,071 | €0 | -€5,071 | -100% |
| Trade debts | 44 | €628 | €790 | +€163 | +25.9% |
| Suppliers | 440/4 | €628 | €790 | +€163 | +25.9% |
| Taxes, remuneration and social security | 45 | €3,397 | €4,345 | +€948 | +27.9% |
| Taxes | 450/3 | €3,397 | €4,345 | +€948 | +27.9% |
| Other amounts payable | 47/48 | €500,000 | €801,588 | +€301,588 | +60.3% |
| Non-recurring operating income | 76A | - | €74 | +€74 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €0 | -€357 | -100% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €44,306 | €59,703 | +€15,398 | +34.8% |
| Operating profit (loss) | 9901 | €42,863 | €58,585 | +€15,722 | +36.7% |
| Financial income | 75/76B | €280,263 | €480,450 | +€200,188 | +71.4% |
| Recurring financial income | 75 | €280,263 | €480,450 | +€200,188 | +71.4% |
| Financial charges | 65/66B | €470 | €185 | -€285 | -60.7% |
| Recurring financial charges | 65 | €470 | €185 | -€285 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | €322,656 | €538,850 | +€216,195 | +67.0% |
| Income taxes | 67/77 | €11,184 | €15,233 | +€4,049 | +36.2% |
| Profit (loss) for the period | 9904 | €311,471 | €523,617 | +€212,146 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €311,471 | €523,617 | +€212,146 | +68.1% |
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 14 October 2026 via checked.be.