ORLOPED: 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.
ORLOPED
Largest movements
- Cash -€44,432
down €44,432 (-38.8%), from €114,429 to €69,997
mainly Net result for the year (-€169,650) and Tax, wage and social debts (-€11,666)
- Receivables within one year -€8,610
down €8,610 (-36.0%), from €23,920 to €15,311
- Deferred charges and accrued income -€8,153
down €8,153 (-26.9%), from €30,322 to €22,168
- Tangible fixed assets -€4,334
down €4,334 (-5.7%), from €76,252 to €71,919
of which Furniture and vehicles: -€3,713
- Profit (loss) carried forward -€117,790
down €117,790, from €174 to -€117,616
- Provisions +€115,951
new in 2025: €115,951
- Reserves -€51,860
down €51,860 (-23.3%), from €222,360 to €170,500
of which Distributable reserves: -€50,000
- Tax, wage and social debts -€11,666
down €11,666 (-76.3%), from €15,286 to €3,620
- Provisions +€115,951
new in 2025: €115,951
- Financial charges +€81,235
up €81,235 (+55,228%), from €147 to €81,382
- Gross operating margin -€27,999
down €27,999 (-39.0%), from €71,757 to €43,758
- Taxes -€16,217
down €16,217 (-100.0%), from €16,218 to €1
- Depreciation +€782
up €782 (+5.2%), from €15,170 to €15,952
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 | €245,323 | €179,795 | -€65,529 | -26.7% |
| Fixed assets | 21/28 | €76,652 | €72,319 | -€4,334 | -5.7% |
| Tangible fixed assets | 22/27 | €76,252 | €71,919 | -€4,334 | -5.7% |
| Land and buildings | 22 | €58,434 | €56,407 | -€2,027 | -3.5% |
| Plant, machinery and equipment | 23 | €4,394 | €5,801 | +€1,407 | +32.0% |
| Furniture and vehicles | 24 | €13,424 | €9,711 | -€3,713 | -27.7% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €168,671 | €107,476 | -€61,195 | -36.3% |
| Amounts receivable within one year | 40/41 | €23,920 | €15,311 | -€8,610 | -36.0% |
| Other amounts receivable | 41 | €23,920 | €15,311 | -€8,610 | -36.0% |
| Cash at bank and in hand | 54/58 | €114,429 | €69,997 | -€44,432 | -38.8% |
| Deferred charges and accrued income | 490/1 | €30,322 | €22,168 | -€8,153 | -26.9% |
| Total equity and liabilities | 10/49 | €245,323 | €179,795 | -€65,529 | -26.7% |
| Equity | 10/15 | €228,734 | €59,084 | -€169,650 | -74.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €222,360 | €170,500 | -€51,860 | -23.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €220,500 | €170,500 | -€50,000 | -22.7% |
| Profit (loss) carried forward | 14 | €174 | -€117,616 | -€117,790 | |
| Provisions and deferred taxes | 16 | - | €115,951 | +€115,951 | |
| Provisions for liabilities and charges | 160/5 | - | €115,951 | +€115,951 | |
| Other liabilities and charges | 164/5 | - | €115,951 | +€115,951 | |
| Amounts payable | 17/49 | €16,589 | €4,760 | -€11,830 | -71.3% |
| Amounts payable within one year | 42/48 | €16,589 | €4,760 | -€11,830 | -71.3% |
| Trade debts | 44 | €1,303 | €1,140 | -€164 | -12.6% |
| Suppliers | 440/4 | €1,303 | €1,140 | -€164 | -12.6% |
| Taxes, remuneration and social security | 45 | €15,286 | €3,620 | -€11,666 | -76.3% |
| Taxes | 450/3 | €15,286 | €3,620 | -€11,666 | -76.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,170 | €15,952 | +€782 | +5.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €115,951 | +€115,951 | |
| Other operating charges | 640/8 | €1,177 | €1,417 | +€241 | +20.5% |
| Gross operating margin | 9900 | €71,757 | €43,758 | -€27,999 | -39.0% |
| Operating profit (loss) | 9901 | €55,411 | -€89,562 | -€144,973 | |
| Financial income | 75/76B | €1,019 | €1,295 | +€276 | +27.1% |
| Recurring financial income | 75 | €1,019 | €1,295 | +€276 | +27.1% |
| Financial charges | 65/66B | €147 | €81,382 | +€81,235 | +55,228% |
| Recurring financial charges | 65 | €147 | €81,382 | +€81,235 | +55,228% |
| Profit (loss) for the period before taxes | 9903 | €56,282 | -€169,650 | -€225,932 | |
| Income taxes | 67/77 | €16,218 | €1 | -€16,217 | -100.0% |
| Profit (loss) for the period | 9904 | €40,064 | -€169,650 | -€209,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,064 | -€169,650 | -€209,714 |
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 15 October 2026 via checked.be.