ORLISO: 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.
ORLISO
Largest movements
- Cash +€255,548
up €255,548 (+97.0%), from €263,483 to €519,030
mainly Net result for the year (+€334,833) and Depreciation (+€84,550)
- Tangible fixed assets -€66,389
down €66,389 (-6.7%), from €992,490 to €926,101
of which Land and buildings: -€71,220
- Reserves +€284,833
up €284,833 (+31.6%), from €900,864 to €1.2m
of which Distributable reserves: +€158,533
- Debts after one year -€38,804
down €38,804 (-16.4%), from €236,699 to €197,894
of which Financial debts: -€44,364
- Tax, wage and social debts -€28,659
down €28,659 (-34.5%), from €83,084 to €54,425
- Other debts -€22,456
down €22,456 (-28.3%), from €79,454 to €56,998
- Current portion of long-term debt -€19,144
down €19,144 (-30.1%), from €63,509 to €44,364
- Depreciation -€78,335
down €78,335 (-48.1%), from €162,885 to €84,550
- Gross operating margin +€45,561
up €45,561 (+8.7%), from €525,190 to €570,751
- Taxes +€38,234
up €38,234 (+39.7%), from €96,191 to €134,425
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 | €1,395,131 | €1,574,848 | +€179,716 | +12.9% |
| Fixed assets | 21/28 | €1,027,629 | €952,102 | -€75,527 | -7.3% |
| Intangible fixed assets | 21 | €33,389 | €26,001 | -€7,388 | -22.1% |
| Tangible fixed assets | 22/27 | €992,490 | €926,101 | -€66,389 | -6.7% |
| Land and buildings | 22 | €981,617 | €910,397 | -€71,220 | -7.3% |
| Plant, machinery and equipment | 23 | €2,029 | €1,439 | -€590 | -29.1% |
| Furniture and vehicles | 24 | €8,844 | €14,266 | +€5,422 | +61.3% |
| Financial fixed assets | 28 | €1,750 | - | -€1,750 | |
| Current assets | 29/58 | €367,502 | €622,745 | +€255,243 | +69.5% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €263,483 | €519,030 | +€255,548 | +97.0% |
| Deferred charges and accrued income | 490/1 | €4,019 | €3,715 | -€304 | -7.6% |
| Total equity and liabilities | 10/49 | €1,395,131 | €1,574,848 | +€179,716 | +12.9% |
| Equity | 10/15 | €926,050 | €1,210,883 | +€284,833 | +30.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €900,864 | €1,185,696 | +€284,833 | +31.6% |
| Tax-exempt reserves | 132 | €126,872 | €253,172 | +€126,300 | +99.5% |
| Distributable reserves | 133 | €773,992 | €932,525 | +€158,533 | +20.5% |
| Profit (loss) carried forward | 14 | €6,587 | €6,587 | = | 0.0% |
| Amounts payable | 17/49 | €469,081 | €363,965 | -€105,116 | -22.4% |
| Amounts payable after more than one year | 17 | €236,699 | €197,894 | -€38,804 | -16.4% |
| Financial debts | 170/4 | €233,699 | €189,334 | -€44,364 | -19.0% |
| Other amounts payable | 178/9 | €3,000 | €8,560 | +€5,560 | +185% |
| Amounts payable within one year | 42/48 | €232,383 | €166,070 | -€66,312 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €63,509 | €44,364 | -€19,144 | -30.1% |
| Trade debts | 44 | €6,336 | €10,284 | +€3,947 | +62.3% |
| Suppliers | 440/4 | €6,336 | €10,284 | +€3,947 | +62.3% |
| Taxes, remuneration and social security | 45 | €83,084 | €54,425 | -€28,659 | -34.5% |
| Taxes | 450/3 | €83,084 | €54,425 | -€28,659 | -34.5% |
| Other amounts payable | 47/48 | €79,454 | €56,998 | -€22,456 | -28.3% |
| Non-recurring operating income | 76A | - | €12,821 | +€12,821 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,885 | €84,550 | -€78,335 | -48.1% |
| Other operating charges | 640/8 | €6,920 | €8,540 | +€1,620 | +23.4% |
| Non-recurring operating charges | 66A | - | €1,376 | +€1,376 | |
| Gross operating margin | 9900 | €525,190 | €570,751 | +€45,561 | +8.7% |
| Operating profit (loss) | 9901 | €355,385 | €476,286 | +€120,901 | +34.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,676 | €7,028 | -€2,648 | -27.4% |
| Recurring financial charges | 65 | €9,676 | €7,028 | -€2,648 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €345,709 | €469,258 | +€123,549 | +35.7% |
| Income taxes | 67/77 | €96,191 | €134,425 | +€38,234 | +39.7% |
| Profit (loss) for the period | 9904 | €249,518 | €334,833 | +€85,315 | +34.2% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €126,300 | +€21,050 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €144,268 | €208,533 | +€64,265 | +44.5% |
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 14 October 2026 via checked.be.