ORLINOV: 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.
ORLINOV
Largest movements
- Cash +€21,098
up €21,098 (+70.5%), from €29,907 to €51,005
mainly Depreciation (+€24,959) and Other debts (+€9,571)
- Tangible fixed assets -€10,448
down €10,448 (-11.8%), from €88,514 to €78,067
of which Furniture and vehicles: -€12,584
- Stocks and contracts -€5,287
down €5,287 (-69.2%), from €7,642 to €2,354
- Deferred charges and accrued income +€3,547
up €3,547 (+53.9%), from €6,579 to €10,126
- Other debts +€9,571
new in 2024: €9,571
- Trade debts -€3,783
down €3,783 (-7.3%), from €51,508 to €47,725
- Profit (loss) carried forward +€2,387
up €2,387 (+3.8%), from €63,089 to €65,477
- Taxes +€30,373
up €30,373 (+4,050%), from €750 to €31,123
- Gross operating margin +€29,610
up €29,610 (+20.9%), from €141,337 to €170,946
- Depreciation -€7,359
down €7,359 (-22.8%), from €32,319 to €24,959
- Staff costs +€3,432
up €3,432 (+3.5%), from €98,028 to €101,460
- Financial income -€2,558
down €2,558 (-99.9%), from €2,560 to €2
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,553 | €158,276 | +€8,723 | +5.8% |
| Fixed assets | 21/28 | €88,514 | €78,067 | -€10,448 | -11.8% |
| Tangible fixed assets | 22/27 | €88,514 | €78,067 | -€10,448 | -11.8% |
| Plant, machinery and equipment | 23 | €761 | €1,042 | +€281 | +37.0% |
| Furniture and vehicles | 24 | €30,774 | €18,190 | -€12,584 | -40.9% |
| Other tangible fixed assets | 26 | €56,979 | €58,834 | +€1,855 | +3.3% |
| Current assets | 29/58 | €61,039 | €80,209 | +€19,171 | +31.4% |
| Stocks and contracts in progress | 3 | €7,642 | €2,354 | -€5,287 | -69.2% |
| Stocks | 30/36 | €7,642 | €2,354 | -€5,287 | -69.2% |
| Amounts receivable within one year | 40/41 | €16,911 | €16,725 | -€187 | -1.1% |
| Trade receivables | 40 | €649 | €15,677 | +€15,028 | +2,317% |
| Other amounts receivable | 41 | €16,263 | €1,048 | -€15,215 | -93.6% |
| Cash at bank and in hand | 54/58 | €29,907 | €51,005 | +€21,098 | +70.5% |
| Deferred charges and accrued income | 490/1 | €6,579 | €10,126 | +€3,547 | +53.9% |
| Total equity and liabilities | 10/49 | €149,553 | €158,276 | +€8,723 | +5.8% |
| Equity | 10/15 | €82,101 | €84,488 | +€2,387 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €412 | €412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €412 | €412 | = | 0.0% |
| Reserves not available under the articles | 1311 | €412 | €412 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,089 | €65,477 | +€2,387 | +3.8% |
| Amounts payable | 17/49 | €67,452 | €73,788 | +€6,336 | +9.4% |
| Amounts payable within one year | 42/48 | €67,452 | €73,788 | +€6,336 | +9.4% |
| Trade debts | 44 | €51,508 | €47,725 | -€3,783 | -7.3% |
| Suppliers | 440/4 | €51,508 | €47,725 | -€3,783 | -7.3% |
| Taxes, remuneration and social security | 45 | €15,944 | €16,492 | +€547 | +3.4% |
| Taxes | 450/3 | €6,169 | €8,840 | +€2,671 | +43.3% |
| Remuneration and social security | 454/9 | €9,776 | €7,652 | -€2,124 | -21.7% |
| Other amounts payable | 47/48 | - | €9,571 | +€9,571 | |
| Remuneration, social security and pensions | 62 | €98,028 | €101,460 | +€3,432 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,319 | €24,959 | -€7,359 | -22.8% |
| Other operating charges | 640/8 | €6,982 | €6,004 | -€978 | -14.0% |
| Gross operating margin | 9900 | €141,337 | €170,946 | +€29,610 | +20.9% |
| Operating profit (loss) | 9901 | €4,008 | €38,524 | +€34,515 | +861% |
| Financial income | 75/76B | €2,560 | €2 | -€2,558 | -99.9% |
| Recurring financial income | 75 | €2,560 | €2 | -€2,558 | -99.9% |
| Financial charges | 65/66B | €3,050 | €5,015 | +€1,965 | +64.4% |
| Recurring financial charges | 65 | €3,050 | €5,015 | +€1,965 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €3,518 | €33,510 | +€29,992 | +852% |
| Income taxes | 67/77 | €750 | €31,123 | +€30,373 | +4,050% |
| Profit (loss) for the period | 9904 | €2,768 | €2,387 | -€381 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,768 | €2,387 | -€381 | -13.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.