ORLINK: 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.
ORLINK
Largest movements
- Cash +€120,034
up €120,034 (+57.1%), from €210,069 to €330,102
mainly Net result for the year (+€94,533) and Depreciation (+€30,200)
- Intangible fixed assets -€30,000
down €30,000 (-33.3%), from €90,000 to €60,000
- Current investments -€15,518
down €15,518 (-13.0%), from €119,657 to €104,139
- Receivables within one year -€12,056
no longer reported in 2025 (was €12,056)
of which Other amounts receivable: -€11,006
- Reserves +€40,870
up €40,870 (+11.8%), from €345,531 to €386,400
- Other debts +€24,086
up €24,086 (+50.7%), from €47,552 to €71,638
- Gross operating margin -€6,428
down €6,428 (-3.9%), from €166,387 to €159,959
- Financial income +€2,663
up €2,663 (+87.0%), from €3,062 to €5,724
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.
Cash bridge derived
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 | €432,720 | €494,980 | +€62,260 | +14.4% |
| Fixed assets | 21/28 | €90,939 | €60,739 | -€30,200 | -33.2% |
| Intangible fixed assets | 21 | €90,000 | €60,000 | -€30,000 | -33.3% |
| Tangible fixed assets | 22/27 | €897 | €697 | -€200 | -22.3% |
| Furniture and vehicles | 24 | €897 | €697 | -€200 | -22.3% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €341,782 | €434,241 | +€92,460 | +27.1% |
| Amounts receivable within one year | 40/41 | €12,056 | - | -€12,056 | |
| Trade receivables | 40 | €1,050 | - | -€1,050 | |
| Other amounts receivable | 41 | €11,006 | - | -€11,006 | |
| Current investments | 50/53 | €119,657 | €104,139 | -€15,518 | -13.0% |
| Cash at bank and in hand | 54/58 | €210,069 | €330,102 | +€120,034 | +57.1% |
| Total equity and liabilities | 10/49 | €432,720 | €494,980 | +€62,260 | +14.4% |
| Equity | 10/15 | €357,931 | €398,800 | +€40,870 | +11.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €345,531 | €386,400 | +€40,870 | +11.8% |
| Distributable reserves | 133 | €345,531 | €386,400 | +€40,870 | +11.8% |
| Amounts payable | 17/49 | €74,789 | €96,180 | +€21,391 | +28.6% |
| Amounts payable within one year | 42/48 | €74,789 | €96,180 | +€21,391 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €3,373 | €3,360 | -€13 | -0.4% |
| Trade debts | 44 | €1,537 | €820 | -€717 | -46.6% |
| Suppliers | 440/4 | €1,537 | €820 | -€717 | -46.6% |
| Taxes, remuneration and social security | 45 | €22,327 | €20,361 | -€1,966 | -8.8% |
| Taxes | 450/3 | €22,327 | €20,361 | -€1,966 | -8.8% |
| Other amounts payable | 47/48 | €47,552 | €71,638 | +€24,086 | +50.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,101 | €30,200 | +€98 | +0.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €166,387 | €159,959 | -€6,428 | -3.9% |
| Operating profit (loss) | 9901 | €135,898 | €129,359 | -€6,539 | -4.8% |
| Financial income | 75/76B | €3,062 | €5,724 | +€2,663 | +87.0% |
| Recurring financial income | 75 | €3,062 | €5,724 | +€2,663 | +87.0% |
| Financial charges | 65/66B | €1,457 | €1,434 | -€23 | -1.6% |
| Recurring financial charges | 65 | €1,139 | €1,258 | +€119 | +10.4% |
| Non-recurring financial charges | 66B | €318 | €176 | -€142 | -44.6% |
| Profit (loss) for the period before taxes | 9903 | €137,502 | €133,650 | -€3,853 | -2.8% |
| Income taxes | 67/77 | €40,389 | €39,116 | -€1,273 | -3.2% |
| Profit (loss) for the period | 9904 | €97,113 | €94,533 | -€2,580 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €97,113 | €94,533 | -€2,580 | -2.7% |
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 11 October 2026 via checked.be.