ORNIMMO: 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.
What changed
ORNIMMO
NACE 70.200, Business and other management consultancy
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€98,981
2025 · €155,666-€56,686
Equity
€389,382
2025 · €309,822+€79,561
Cash
€27,521
2025 · €157,849-€130,328
Balance sheet total
€3.9m
2025 · €4.3m-€337,802
Largest movements
Assets
- Receivables within one year -€645,769
down €645,769 (-92.6%), from €697,399 to €51,631
of which Other amounts receivable: -€646,102
- Receivables after one year +€530,536
new in 2026: €530,536
- Tangible fixed assets -€166,766
down €166,766 (-6.4%), from €2.6m to €2.4m
- Cash -€130,328
down €130,328 (-82.6%), from €157,849 to €27,521
mainly Receivables after one year (-€530,536) and Debts after one year (-€238,982)
- Deferred charges and accrued income +€62,491
up €62,491 (+6302.7%), from €992 to €63,482
Equity and liabilities
- Debts after one year -€238,982
down €238,982 (-12.4%), from €1.9m to €1.7m
- Other debts -€99,625
down €99,625 (-49.8%), from €200,000 to €100,375
- Reserves +€80,580
up €80,580 (+28.2%), from €285,322 to €365,902
- Tax, wage and social debts -€66,999
down €66,999 (-93.3%), from €71,808 to €4,809
- Accrued charges and deferred income -€66,643
down €66,643 (-4.8%), from €1.4m to €1.3m
Income statement
- Services and other goods +€38,906
up €38,906 (+143.9%), from €27,040 to €65,946
- Taxes -€33,370
down €33,370 (-45.1%), from €73,953 to €40,582
- Other operating charges +€23,275
up €23,275 (+59.7%), from €38,979 to €62,255
- Financial charges +€16,477
up €16,477 (+32.9%), from €50,018 to €66,495
- Financial income +€15,497
up €15,497 (+15.4%), from €100,723 to €116,220
of which Financial income: +€15,497
From the 2025 result to the 2026 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.
Result 2025
€155,666
Turnover
+€375
Other operating income
-€7,412
Services and other goods
-€38,906
Depreciation
-€12,163
Write-downs
+€7,215
Other operating charges
-€23,275
Financial income
+€15,497
Financial charges
-€16,477
Taxes
+€33,370
Deferred taxes and other
-€14,910
Result 2026
€98,981
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€124,690
Investment
-€20,445
Financing
-€234,574
Cash 2025
€157,849
From operations (derived)
+€124,690
Net result for the year
+€98,981
Depreciation
+€175,176
Receivables after one year
-€530,536
Receivables within one year
+€645,769
Deferred charges and accrued income
-€62,491
Provisions
+€26,860
Trade debts
+€4,198
Tax, wage and social debts
-€66,999
Other debts
-€99,625
Accrued charges and deferred income
-€66,643
Investment (derived)
-€20,445
Investment in fixed assets (net)
-€8,410
Current investments
-€12,035
Financing
-€234,574
Debts after one year
-€238,982
Current portion of long-term debt
+€10,509
Short-term financial debts
+€13,319
Contributions, distributions and other
-€19,420
Cash 2026
€27,521
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,273,234 | €3,935,432 | -€337,802 | -7.9% |
| Fixed assets | 21/28 | €2,600,834 | €2,434,067 | -€166,766 | -6.4% |
| Tangible fixed assets | 22/27 | €2,600,834 | €2,434,067 | -€166,766 | -6.4% |
| Land and buildings | 22 | €964,566 | €921,241 | -€43,325 | -4.5% |
| Plant, machinery and equipment | 23 | €412,399 | €336,048 | -€76,351 | -18.5% |
| Leasing and similar rights | 25 | €1,223,868 | €1,168,368 | -€55,500 | -4.5% |
| Assets under construction and advance payments | 27 | - | €8,410 | +€8,410 | |
| Current assets | 29/58 | €1,672,401 | €1,501,365 | -€171,036 | -10.2% |
| Amounts receivable after more than one year | 29 | - | €530,536 | +€530,536 | |
| Other amounts receivable | 291 | - | €530,536 | +€530,536 | |
| Amounts receivable within one year | 40/41 | €697,399 | €51,631 | -€645,769 | -92.6% |
| Trade receivables | 40 | €10,619 | €10,952 | +€333 | +3.1% |
| Other amounts receivable | 41 | €686,781 | €40,679 | -€646,102 | -94.1% |
| Current investments | 50/53 | €816,161 | €828,196 | +€12,035 | +1.5% |
| Other investments | 51/53 | €816,161 | €828,196 | +€12,035 | +1.5% |
| Cash at bank and in hand | 54/58 | €157,849 | €27,521 | -€130,328 | -82.6% |
| Deferred charges and accrued income | 490/1 | €992 | €63,482 | +€62,491 | +6302.7% |
| Total equity and liabilities | 10/49 | €4,273,234 | €3,935,432 | -€337,802 | -7.9% |
| Equity | 10/15 | €309,822 | €389,382 | +€79,561 | +25.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €285,322 | €365,902 | +€80,580 | +28.2% |
| Tax-exempt reserves | 132 | €285,322 | €365,902 | +€80,580 | +28.2% |
| Profit (loss) carried forward | 14 | €4,500 | €3,481 | -€1,019 | -22.7% |
| Provisions and deferred taxes | 16 | €95,107 | €121,967 | +€26,860 | +28.2% |
| Deferred taxes | 168 | €95,107 | €121,967 | +€26,860 | +28.2% |
| Amounts payable | 17/49 | €3,868,305 | €3,424,083 | -€444,223 | -11.5% |
| Amounts payable after more than one year | 17 | €1,930,209 | €1,691,227 | -€238,982 | -12.4% |
| Financial debts | 170/4 | €1,930,209 | €1,691,227 | -€238,982 | -12.4% |
| Leasing and similar obligations | 172 | €938,495 | €840,112 | -€98,383 | -10.5% |
| Credit institutions | 173 | €991,713 | €851,115 | -€140,599 | -14.2% |
| Amounts payable within one year | 42/48 | €537,477 | €398,879 | -€138,598 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €251,960 | €262,469 | +€10,509 | +4.2% |
| Financial debts | 43 | - | €13,319 | +€13,319 | |
| Credit institutions | 430/8 | - | €13,319 | +€13,319 | |
| Trade debts | 44 | €13,709 | €17,907 | +€4,198 | +30.6% |
| Suppliers | 440/4 | €13,709 | €17,907 | +€4,198 | +30.6% |
| Taxes, remuneration and social security | 45 | €71,808 | €4,809 | -€66,999 | -93.3% |
| Taxes | 450/3 | €71,808 | €4,809 | -€66,999 | -93.3% |
| Other amounts payable | 47/48 | €200,000 | €100,375 | -€99,625 | -49.8% |
| Accrued charges and deferred income | 492/3 | €1,400,620 | €1,333,977 | -€66,643 | -4.8% |
| Operating income | 70/76A | €400,252 | €393,215 | -€7,036 | -1.8% |
| Turnover | 70 | €44,374 | €44,749 | +€375 | +0.8% |
| Other operating income | 74 | €355,878 | €348,466 | -€7,412 | -2.1% |
| Operating charges | 60/66A | €236,248 | €303,377 | +€67,129 | +28.4% |
| Services and other goods | 61 | €27,040 | €65,946 | +€38,906 | +143.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,013 | €175,176 | +€12,163 | +7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,215 | - | -€7,215 | |
| Other operating charges | 640/8 | €38,979 | €62,255 | +€23,275 | +59.7% |
| Operating profit (loss) | 9901 | €164,003 | €89,838 | -€74,165 | -45.2% |
| Financial income | 75/76B | €100,723 | €116,220 | +€15,497 | +15.4% |
| Recurring financial income | 75 | €51,244 | €66,741 | +€15,497 | +30.2% |
| Income from current assets | 751 | €24,690 | €48,223 | +€23,532 | +95.3% |
| Other financial income | 752/9 | €26,554 | €18,519 | -€8,035 | -30.3% |
| Non-recurring financial income | 76B | €49,479 | €49,479 | = | 0.0% |
| Financial charges | 65/66B | €50,018 | €66,495 | +€16,477 | +32.9% |
| Recurring financial charges | 65 | €50,018 | €66,495 | +€16,477 | +32.9% |
| Debt charges | 650 | €31,805 | €28,115 | -€3,690 | -11.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €22,526 | +€22,526 | |
| Other financial charges | 652/9 | €18,213 | €15,855 | -€2,358 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €214,708 | €139,563 | -€75,146 | -35.0% |
| Transfer from deferred taxes | 780 | €14,910 | - | -€14,910 | |
| Income taxes | 67/77 | €73,953 | €40,582 | -€33,370 | -45.1% |
| Taxes | 670/3 | €73,953 | €40,582 | -€33,370 | -45.1% |
| Profit (loss) for the period | 9904 | €155,666 | €98,981 | -€56,686 | -36.4% |
| Transfer from tax-exempt reserves | 789 | €44,731 | - | -€44,731 | |
| Profit (loss) for the period to be appropriated | 9905 | €200,398 | €98,981 | -€101,417 | -50.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.