ORLEL: 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.
ORLEL
Largest movements
- Cash +€10,272
up €10,272 (+121%), from €8,476 to €18,748
mainly Net result for the year (+€7,605) and Other debts (+€4,235)
- Tangible fixed assets +€5,810
new in 2025: €5,810
of which Other tangible fixed assets: +€4,326
- Deferred charges and accrued income -€3,920
no longer reported in 2025 (was €3,920)
- Receivables within one year +€1,822
new in 2025: €1,822
- Reserves +€7,605
up €7,605 (+1,053%), from €722 to €8,327
- Other debts +€4,235
up €4,235 (+60.6%), from €6,993 to €11,228
- Tax, wage and social debts +€2,219
up €2,219 (+623%), from €356 to €2,574
- Gross operating margin +€9,471
up €9,471 (+834%), from €1,136 to €10,606
- Taxes +€1,784
up €1,784 (+501%), from €356 to €2,139
- Financial charges +€447
up €447 (+5,959%), from €8 to €454
- Depreciation +€345
new in 2025: €345
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 | €12,396 | €26,380 | +€13,984 | +113% |
| Fixed assets | 21/28 | - | €5,810 | +€5,810 | |
| Tangible fixed assets | 22/27 | - | €5,810 | +€5,810 | |
| Furniture and vehicles | 24 | - | €1,483 | +€1,483 | |
| Other tangible fixed assets | 26 | - | €4,326 | +€4,326 | |
| Current assets | 29/58 | €12,396 | €20,570 | +€8,174 | +65.9% |
| Amounts receivable within one year | 40/41 | - | €1,822 | +€1,822 | |
| Trade receivables | 40 | - | €1,822 | +€1,822 | |
| Cash at bank and in hand | 54/58 | €8,476 | €18,748 | +€10,272 | +121% |
| Deferred charges and accrued income | 490/1 | €3,920 | - | -€3,920 | |
| Total equity and liabilities | 10/49 | €12,396 | €26,380 | +€13,984 | +113% |
| Equity | 10/15 | €3,722 | €11,327 | +€7,605 | +204% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €722 | €8,327 | +€7,605 | +1,053% |
| Distributable reserves | 133 | €722 | €8,327 | +€7,605 | +1,053% |
| Amounts payable | 17/49 | €8,674 | €15,052 | +€6,379 | +73.5% |
| Amounts payable within one year | 42/48 | €7,424 | €13,802 | +€6,379 | +85.9% |
| Trade debts | 44 | €75 | - | -€75 | |
| Suppliers | 440/4 | €75 | - | -€75 | |
| Taxes, remuneration and social security | 45 | €356 | €2,574 | +€2,219 | +623% |
| Taxes | 450/3 | €356 | €2,574 | +€2,219 | +623% |
| Other amounts payable | 47/48 | €6,993 | €11,228 | +€4,235 | +60.6% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €345 | +€345 | |
| Other operating charges | 640/8 | €50 | €62 | +€12 | +24.0% |
| Gross operating margin | 9900 | €1,136 | €10,606 | +€9,471 | +834% |
| Operating profit (loss) | 9901 | €1,086 | €10,199 | +€9,113 | +839% |
| Financial charges | 65/66B | €8 | €454 | +€447 | +5,959% |
| Recurring financial charges | 65 | €8 | €454 | +€447 | +5,959% |
| Profit (loss) for the period before taxes | 9903 | €1,078 | €9,745 | +€8,666 | +804% |
| Income taxes | 67/77 | €356 | €2,139 | +€1,784 | +501% |
| Profit (loss) for the period | 9904 | €722 | €7,605 | +€6,883 | +953% |
| Profit (loss) for the period to be appropriated | 9905 | €722 | €7,605 | +€6,883 | +953% |
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 13 October 2026 via checked.be.