ORLANDIA: what changed
What changed
ORLANDIA
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€772,864
2024 · €2.2m-€1.4m
Equity
€32.2m
2024 · €31.4m+€747,864
Cash
€1.0m
2024 · €822,909+€182,769
Balance sheet total
€44.0m
2024 · €31.5m+€12.5m
Largest movements
Assets
- Financial fixed assets +€43.0m
new in 2025: €43.0m
- Current investments -€23.4m
down €23.4m (-100%), from €23.4m to €0
- Receivables within one year -€7.2m
down €7.2m (-99.7%), from €7.3m to €19,234
of which Other amounts receivable: -€7.2m
Equity and liabilities
- Other debts +€11.8m
up €11.8m (+47,152%), from €25,000 to €11.8m
- Profit (loss) carried forward +€707,864
up €707,864 (+6.8%), from €10.4m to €11.1m
Income statement
- Financial income -€6.8m
down €6.8m (-83.9%), from €8.1m to €1.3m
- Financial charges -€5.3m
down €5.3m (-96.9%), from €5.4m to €168,619
- Taxes -€177,852
down €177,852 (-62.4%), from €284,990 to €107,138
- Gross operating margin +€10,551
up €10,551 (+4.7%), from -€225,619 to -€215,069
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.2m
Gross operating margin
+€10,551
Other operating charges
+€442
Financial income
-€6.8m
Financial charges
+€5.3m
Taxes
+€177,852
Result 2025
€772,864
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€19.8m
Investment
-€19.6m
Financing
-€25,000
Cash 2024
€822,909
From operations (derived)
+€19.8m
Net result for the year
+€772,864
Receivables within one year
+€7.2m
Smaller working-capital items
+€4,876
Other debts
+€11.8m
Investment (derived)
-€19.6m
Investment in fixed assets (net)
-€43.0m
Current investments
+€23.4m
Financing
-€25,000
Contributions, distributions and other
-€25,000
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,487,731 | €44,027,342 | +€12.5m | +39.8% |
| Fixed assets | 21/28 | - | €43,002,430 | +€43.0m | |
| Financial fixed assets | 28 | - | €43,002,430 | +€43.0m | |
| Current assets | 29/58 | €31,487,731 | €1,024,912 | -€30.5m | -96.7% |
| Amounts receivable within one year | 40/41 | €7,258,760 | €19,234 | -€7.2m | -99.7% |
| Trade receivables | 40 | €10,730 | €12,983 | +€2,253 | +21.0% |
| Other amounts receivable | 41 | €7,248,031 | €6,252 | -€7.2m | -99.9% |
| Current investments | 50/53 | €23,404,864 | €0 | -€23.4m | -100% |
| Cash at bank and in hand | 54/58 | €822,909 | €1,005,677 | +€182,769 | +22.2% |
| Deferred charges and accrued income | 490/1 | €1,198 | €0 | -€1,198 | -100% |
| Total equity and liabilities | 10/49 | €31,487,731 | €44,027,342 | +€12.5m | +39.8% |
| Equity | 10/15 | €31,448,276 | €32,196,140 | +€747,864 | +2.4% |
| Contributions | 10/11 | €20,000,000 | €20,000,000 | = | 0.0% |
| Capital | 10 | €20,000,000 | €20,000,000 | = | 0.0% |
| Issued capital | 100 | €20,000,000 | €20,000,000 | = | 0.0% |
| Reserves | 13 | €1,050,000 | €1,090,000 | +€40,000 | +3.8% |
| Non-distributable reserves | 130/1 | €1,050,000 | €1,090,000 | +€40,000 | +3.8% |
| Legal reserve | 130 | €1,050,000 | €1,090,000 | +€40,000 | +3.8% |
| Profit (loss) carried forward | 14 | €10,398,276 | €11,106,140 | +€707,864 | +6.8% |
| Amounts payable | 17/49 | €39,455 | €11,831,202 | +€11.8m | +29,887% |
| Amounts payable within one year | 42/48 | €39,455 | €11,831,202 | +€11.8m | +29,887% |
| Trade debts | 44 | €14,455 | €18,133 | +€3,678 | +25.4% |
| Suppliers | 440/4 | €14,455 | €18,133 | +€3,678 | +25.4% |
| Other amounts payable | 47/48 | €25,000 | €11,813,069 | +€11.8m | +47,152% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €46,517 | €46,075 | -€442 | -1.0% |
| Gross operating margin | 9900 | -€225,619 | -€215,069 | +€10,551 | +4.7% |
| Operating profit (loss) | 9901 | -€272,136 | -€261,144 | +€10,993 | +4.0% |
| Financial income | 75/76B | €8,141,607 | €1,309,765 | -€6.8m | -83.9% |
| Recurring financial income | 75 | €8,141,607 | €1,309,765 | -€6.8m | -83.9% |
| Financial charges | 65/66B | €5,425,358 | €168,619 | -€5.3m | -96.9% |
| Recurring financial charges | 65 | €5,425,358 | €168,619 | -€5.3m | -96.9% |
| Profit (loss) for the period before taxes | 9903 | €2,444,113 | €880,002 | -€1.6m | -64.0% |
| Income taxes | 67/77 | €284,990 | €107,138 | -€177,852 | -62.4% |
| Profit (loss) for the period | 9904 | €2,159,123 | €772,864 | -€1.4m | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,159,123 | €772,864 | -€1.4m | -64.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.