ORMIX: what changed
Two fiscal 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.
ORMIX
Largest movements
- Receivables within one year +€337,249
up €337,249 (+243.7%), from €138,383 to €475,632
of which Other amounts receivable: +€216,145
- Intangible fixed assets -€61,918
down €61,918 (-40.0%), from €154,796 to €92,877
- Stocks and contracts +€35,582
up €35,582 (+16.3%), from €218,092 to €253,674
- Tangible fixed assets -€30,713
down €30,713 (-56.6%), from €54,268 to €23,555
of which Other tangible fixed assets: -€23,887
- Deferred charges and accrued income -€23,904
down €23,904 (-74.5%), from €32,086 to €8,182
- Reserves +€300,668
up €300,668 (+2985.4%), from €10,071 to €310,739
- Trade debts -€92,061
down €92,061 (-42.9%), from €214,575 to €122,513
- Advances received +€88,212
up €88,212 (+27.2%), from €324,141 to €412,353
- Tax, wage and social debts -€44,274
down €44,274 (-45.7%), from €96,803 to €52,529
of which Taxes: -€41,962
- Gross operating margin -€239,689
down €239,689 (-24.0%), from €998,835 to €759,146
- Taxes -€51,592
down €51,592 (-31.9%), from €161,676 to €110,084
- Depreciation -€18,421
down €18,421 (-16.6%), from €111,052 to €92,631
- Staff costs -€12,702
down €12,702 (-3.7%), from €347,223 to €334,521
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 | €745,590 | €998,665 | +€253,075 | +33.9% |
| Fixed assets | 21/28 | €209,064 | €116,433 | -€92,631 | -44.3% |
| Intangible fixed assets | 21 | €154,796 | €92,877 | -€61,918 | -40.0% |
| Tangible fixed assets | 22/27 | €54,268 | €23,555 | -€30,713 | -56.6% |
| Furniture and vehicles | 24 | €25,038 | €18,211 | -€6,826 | -27.3% |
| Other tangible fixed assets | 26 | €29,230 | €5,344 | -€23,887 | -81.7% |
| Current assets | 29/58 | €536,526 | €882,232 | +€345,706 | +64.4% |
| Stocks and contracts in progress | 3 | €218,092 | €253,674 | +€35,582 | +16.3% |
| Stocks | 30/36 | €218,092 | €253,674 | +€35,582 | +16.3% |
| Amounts receivable within one year | 40/41 | €138,383 | €475,632 | +€337,249 | +243.7% |
| Trade receivables | 40 | €133,327 | €254,431 | +€121,104 | +90.8% |
| Other amounts receivable | 41 | €5,056 | €221,200 | +€216,145 | +4275.3% |
| Cash at bank and in hand | 54/58 | €147,965 | €144,744 | -€3,221 | -2.2% |
| Deferred charges and accrued income | 490/1 | €32,086 | €8,182 | -€23,904 | -74.5% |
| Total equity and liabilities | 10/49 | €745,590 | €998,665 | +€253,075 | +33.9% |
| Equity | 10/15 | €110,071 | €410,739 | +€300,668 | +273.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,071 | €310,739 | +€300,668 | +2985.4% |
| Distributable reserves | 133 | €10,071 | €310,739 | +€300,668 | +2985.4% |
| Amounts payable | 17/49 | €635,519 | €587,926 | -€47,593 | -7.5% |
| Amounts payable within one year | 42/48 | €635,519 | €587,395 | -€48,123 | -7.6% |
| Trade debts | 44 | €214,575 | €122,513 | -€92,061 | -42.9% |
| Suppliers | 440/4 | €214,575 | €122,513 | -€92,061 | -42.9% |
| Advances received on contracts in progress | 46 | €324,141 | €412,353 | +€88,212 | +27.2% |
| Taxes, remuneration and social security | 45 | €96,803 | €52,529 | -€44,274 | -45.7% |
| Taxes | 450/3 | €41,962 | - | -€41,962 | |
| Remuneration and social security | 454/9 | €54,840 | €52,529 | -€2,311 | -4.2% |
| Accrued charges and deferred income | 492/3 | - | €530 | +€530 | |
| Non-recurring operating income | 76A | - | €702 | +€702 | |
| Remuneration, social security and pensions | 62 | €347,223 | €334,521 | -€12,702 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,052 | €92,631 | -€18,421 | -16.6% |
| Other operating charges | 640/8 | €14,345 | €13,782 | -€563 | -3.9% |
| Gross operating margin | 9900 | €998,835 | €759,146 | -€239,689 | -24.0% |
| Operating profit (loss) | 9901 | €526,215 | €318,211 | -€208,004 | -39.5% |
| Financial income | 75/76B | €100,081 | €100,874 | +€793 | +0.8% |
| Recurring financial income | 75 | €100,081 | €100,874 | +€793 | +0.8% |
| Financial charges | 65/66B | €10,549 | €8,334 | -€2,216 | -21.0% |
| Recurring financial charges | 65 | €10,549 | €8,334 | -€2,216 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €615,747 | €410,752 | -€204,995 | -33.3% |
| Income taxes | 67/77 | €161,676 | €110,084 | -€51,592 | -31.9% |
| Profit (loss) for the period | 9904 | €454,071 | €300,668 | -€153,404 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €454,071 | €300,668 | -€153,404 | -33.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.