ORNE HOLDING: 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.
ORNE HOLDING
Largest movements
- Financial fixed assets -€2.5m
down €2.5m (-42.1%), from €5.9m to €3.4m
- Profit (loss) carried forward -€2.9m
no longer reported in 2025 (was €2.9m)
- Other debts +€746,077
up €746,077 (+172%), from €433,481 to €1.2m
- Debts after one year -€310,115
down €310,115 (-14.0%), from €2.2m to €1.9m
- Financial charges +€1.5m
up €1.5m (+466%), from €330,309 to €1.9m
of which Non-recurring financial charges: +€1.7m
- Financial income -€1.5m
down €1.5m (-91.6%), from €1.6m to €133,723
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 | €5,921,922 | €3,440,086 | -€2.5m | -41.9% |
| Fixed assets | 21/28 | €5,918,941 | €3,429,621 | -€2.5m | -42.1% |
| Financial fixed assets | 28 | €5,918,941 | €3,429,621 | -€2.5m | -42.1% |
| Affiliated companies | 280/1 | €5,918,941 | €3,429,621 | -€2.5m | -42.1% |
| Participating interests | 280 | €3,580,490 | €1,840,929 | -€1.7m | -48.6% |
| Amounts receivable | 281 | €2,338,451 | €1,588,693 | -€749,759 | -32.1% |
| Current assets | 29/58 | €2,981 | €10,464 | +€7,483 | +251% |
| Cash at bank and in hand | 54/58 | €2,981 | €10,464 | +€7,483 | +251% |
| Total equity and liabilities | 10/49 | €5,921,922 | €3,440,086 | -€2.5m | -41.9% |
| Equity | 10/15 | €3,272,890 | €330,000 | -€2.9m | -89.9% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,942,890 | - | -€2.9m | |
| Amounts payable | 17/49 | €2,649,033 | €3,110,086 | +€461,053 | +17.4% |
| Amounts payable after more than one year | 17 | €2,209,545 | €1,899,430 | -€310,115 | -14.0% |
| Financial debts | 170/4 | €2,209,545 | €1,899,430 | -€310,115 | -14.0% |
| Other loans | 174 | €2,209,545 | €1,899,430 | -€310,115 | -14.0% |
| Amounts payable within one year | 42/48 | €439,488 | €1,210,655 | +€771,167 | +175% |
| Trade debts | 44 | €6,007 | €31,097 | +€25,090 | +418% |
| Suppliers | 440/4 | €6,007 | €31,097 | +€25,090 | +418% |
| Other amounts payable | 47/48 | €433,481 | €1,179,559 | +€746,077 | +172% |
| Operating charges | 60/66A | €24,329 | €26,460 | +€2,131 | +8.8% |
| Services and other goods | 61 | €23,334 | €25,462 | +€2,128 | +9.1% |
| Other operating charges | 640/8 | €995 | €998 | +€3 | +0.3% |
| Operating profit (loss) | 9901 | -€24,329 | -€26,460 | -€2,131 | -8.8% |
| Financial income | 75/76B | €1,591,889 | €133,723 | -€1.5m | -91.6% |
| Recurring financial income | 75 | €1,591,889 | €133,723 | -€1.5m | -91.6% |
| Income from financial fixed assets | 750 | €129,970 | €133,723 | +€3,753 | +2.9% |
| Income from current assets | 751 | €1,461,919 | - | -€1.5m | |
| Financial charges | 65/66B | €330,309 | €1,870,593 | +€1.5m | +466% |
| Recurring financial charges | 65 | €330,309 | €131,032 | -€199,278 | -60.3% |
| Debt charges | 650 | €329,168 | €129,885 | -€199,283 | -60.5% |
| Other financial charges | 652/9 | €1,141 | €1,147 | +€6 | +0.5% |
| Non-recurring financial charges | 66B | - | €1,739,561 | +€1.7m | |
| Profit (loss) for the period before taxes | 9903 | €1,237,250 | -€1,763,331 | -€3.0m | |
| Profit (loss) for the period | 9904 | €1,237,250 | -€1,763,331 | -€3.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,237,250 | -€1,763,331 | -€3.0m |
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 20 October 2026 via checked.be.