ORNICOM: 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.
ORNICOM
Largest movements
- Receivables within one year +€27,640
up €27,640 (+24.5%), from €113,005 to €140,645
of which Other amounts receivable: +€25,633
- Cash +€10,781
up €10,781 (+105%), from €10,293 to €21,073
mainly Net result for the year (+€23,293) and Advances received (+€20,227)
- Stocks and contracts +€7,992
up €7,992 (+54.9%), from €14,552 to €22,544
- Profit (loss) carried forward +€23,293
up €23,293 (+415%), from €5,616 to €28,909
- Advances received +€20,227
up €20,227 (+21.8%), from €92,831 to €113,058
- Tax, wage and social debts +€15,161
up €15,161 (+209%), from €7,237 to €22,398
- Trade debts -€12,550
down €12,550 (-46.6%), from €26,906 to €14,356
- Gross operating margin +€22,197
up €22,197 (+161%), from €13,791 to €35,988
- Taxes +€6,516
up €6,516 (+154%), from €4,239 to €10,755
- Other operating charges +€607
up €607 (+69.7%), from €870 to €1,477
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 | €139,175 | €185,306 | +€46,131 | +33.1% |
| Fixed assets | 21/28 | €871 | €568 | -€303 | -34.8% |
| Tangible fixed assets | 22/27 | €871 | €568 | -€303 | -34.8% |
| Furniture and vehicles | 24 | €871 | €568 | -€303 | -34.8% |
| Current assets | 29/58 | €138,304 | €184,738 | +€46,434 | +33.6% |
| Stocks and contracts in progress | 3 | €14,552 | €22,544 | +€7,992 | +54.9% |
| Stocks | 30/36 | €14,552 | €22,544 | +€7,992 | +54.9% |
| Amounts receivable within one year | 40/41 | €113,005 | €140,645 | +€27,640 | +24.5% |
| Trade receivables | 40 | €28,182 | €30,189 | +€2,007 | +7.1% |
| Other amounts receivable | 41 | €84,823 | €110,456 | +€25,633 | +30.2% |
| Cash at bank and in hand | 54/58 | €10,293 | €21,073 | +€10,781 | +105% |
| Deferred charges and accrued income | 490/1 | €454 | €475 | +€22 | +4.8% |
| Total equity and liabilities | 10/49 | €139,175 | €185,306 | +€46,131 | +33.1% |
| Equity | 10/15 | €11,816 | €35,109 | +€23,293 | +197% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,616 | €28,909 | +€23,293 | +415% |
| Amounts payable | 17/49 | €127,359 | €150,197 | +€22,838 | +17.9% |
| Amounts payable within one year | 42/48 | €126,974 | €149,812 | +€22,838 | +18.0% |
| Trade debts | 44 | €26,906 | €14,356 | -€12,550 | -46.6% |
| Suppliers | 440/4 | €26,906 | €14,356 | -€12,550 | -46.6% |
| Advances received on contracts in progress | 46 | €92,831 | €113,058 | +€20,227 | +21.8% |
| Taxes, remuneration and social security | 45 | €7,237 | €22,398 | +€15,161 | +209% |
| Taxes | 450/3 | €7,237 | €22,398 | +€15,161 | +209% |
| Accrued charges and deferred income | 492/3 | €384 | €384 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €303 | +€216 | +251% |
| Other operating charges | 640/8 | €870 | €1,477 | +€607 | +69.7% |
| Gross operating margin | 9900 | €13,791 | €35,988 | +€22,197 | +161% |
| Operating profit (loss) | 9901 | €12,835 | €34,208 | +€21,374 | +167% |
| Financial income | 75/76B | €175 | €46 | -€128 | -73.4% |
| Recurring financial income | 75 | €175 | €46 | -€128 | -73.4% |
| Financial charges | 65/66B | €341 | €207 | -€134 | -39.4% |
| Recurring financial charges | 65 | €341 | €207 | -€134 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €12,669 | €34,048 | +€21,380 | +169% |
| Income taxes | 67/77 | €4,239 | €10,755 | +€6,516 | +154% |
| Profit (loss) for the period | 9904 | €8,430 | €23,293 | +€14,864 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €8,430 | €23,293 | +€14,864 | +176% |
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 15 October 2026 via checked.be.