OROBEL: 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.
OROBEL
Largest movements
- Receivables within one year -€1.0m
down €1.0m (-73.2%), from €1.4m to €383,093
of which Trade receivables: -€1.0m
- Stocks and contracts +€770,688
up €770,688 (+344.8%), from €223,498 to €994,186
- Cash +€594,748
up €594,748 (+594.4%), from €100,056 to €694,804
mainly Receivables within one year (+€1.0m) and Net result for the year (+€658,352)
- Trade debts -€408,724
down €408,724 (-48.4%), from €844,438 to €435,714
- Reserves +€380,789
up €380,789 (+741.5%), from €51,355 to €432,143
- Tax, wage and social debts +€191,091
up €191,091 (+241.8%), from €79,037 to €270,128
of which Taxes: +€203,641
- Other debts +€189,487
up €189,487 (+242.7%), from €78,077 to €267,564
- Turnover -€15.3m
no longer reported in 2025 (was €15.3m)
- Goods and materials -€14.9m
no longer reported in 2025 (was €14.9m)
of which Purchases: -€14.9m
- Gross operating margin +€1.2m
new in 2025: €1.2m
- Services and other goods -€278,426
no longer reported in 2025 (was €278,426)
- Taxes +€188,512
up €188,512 (+460.3%), from €40,955 to €229,467
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 | €1,815,135 | €2,151,952 | +€336,817 | +18.6% |
| Fixed assets | 21/28 | €61,823 | €79,869 | +€18,046 | +29.2% |
| Tangible fixed assets | 22/27 | €40,727 | €58,773 | +€18,046 | +44.3% |
| Plant, machinery and equipment | 23 | €667 | €20,388 | +€19,721 | +2954.8% |
| Furniture and vehicles | 24 | €3,753 | €1,853 | -€1,901 | -50.6% |
| Other tangible fixed assets | 26 | €36,306 | €36,532 | +€226 | +0.6% |
| Financial fixed assets | 28 | €21,096 | €21,096 | = | 0.0% |
| Other financial fixed assets | 284/8 | €21,096 | - | -€21,096 | |
| Amounts receivable and cash guarantees | 285/8 | €21,096 | - | -€21,096 | |
| Current assets | 29/58 | €1,753,312 | €2,072,083 | +€318,771 | +18.2% |
| Stocks and contracts in progress | 3 | €223,498 | €994,186 | +€770,688 | +344.8% |
| Stocks | 30/36 | €223,498 | €994,186 | +€770,688 | +344.8% |
| Goods purchased for resale | 34 | €223,498 | - | -€223,498 | |
| Amounts receivable within one year | 40/41 | €1,429,758 | €383,093 | -€1.0m | -73.2% |
| Trade receivables | 40 | €1,297,941 | €274,062 | -€1.0m | -78.9% |
| Other amounts receivable | 41 | €131,817 | €109,031 | -€22,786 | -17.3% |
| Cash at bank and in hand | 54/58 | €100,056 | €694,804 | +€594,748 | +594.4% |
| Total equity and liabilities | 10/49 | €1,815,135 | €2,151,952 | +€336,817 | +18.6% |
| Equity | 10/15 | €797,757 | €1,178,546 | +€380,789 | +47.7% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €51,355 | €432,143 | +€380,789 | +741.5% |
| Distributable reserves | 133 | €51,355 | €432,143 | +€380,789 | +741.5% |
| Profit (loss) carried forward | 14 | €725,951 | €725,951 | = | 0.0% |
| Amounts payable | 17/49 | €1,017,378 | €973,406 | -€43,972 | -4.3% |
| Amounts payable within one year | 42/48 | €1,017,378 | €973,406 | -€43,972 | -4.3% |
| Financial debts | 43 | €15,825 | - | -€15,825 | |
| Credit institutions | 430/8 | €15,825 | - | -€15,825 | |
| Trade debts | 44 | €844,438 | €435,714 | -€408,724 | -48.4% |
| Suppliers | 440/4 | €844,438 | €435,714 | -€408,724 | -48.4% |
| Taxes, remuneration and social security | 45 | €79,037 | €270,128 | +€191,091 | +241.8% |
| Taxes | 450/3 | €28,051 | €231,692 | +€203,641 | +726.0% |
| Remuneration and social security | 454/9 | €50,987 | €38,436 | -€12,551 | -24.6% |
| Other amounts payable | 47/48 | €78,077 | €267,564 | +€189,487 | +242.7% |
| Operating income | 70/76A | €15,496,771 | - | -€15.5m | |
| Turnover | 70 | €15,332,139 | - | -€15.3m | |
| Other operating income | 74 | €164,632 | - | -€164,632 | |
| Operating charges | 60/66A | €15,378,493 | - | -€15.4m | |
| Goods for resale, raw materials and consumables | 60 | €14,886,046 | - | -€14.9m | |
| Purchases | 600/8 | €14,907,019 | - | -€14.9m | |
| Change in stocks: decrease (increase) | 609 | -€20,973 | - | +€20,973 | |
| Services and other goods | 61 | €278,426 | - | -€278,426 | |
| Remuneration, social security and pensions | 62 | €199,455 | €246,125 | +€46,670 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,852 | €9,303 | +€3,451 | +59.0% |
| Other operating charges | 640/8 | €8,714 | €9,085 | +€370 | +4.2% |
| Gross operating margin | 9900 | - | €1,170,635 | +€1.2m | |
| Operating profit (loss) | 9901 | €118,277 | €906,122 | +€787,845 | +666.1% |
| Financial income | 75/76B | €26,420 | €2,817 | -€23,604 | -89.3% |
| Recurring financial income | 75 | €26,420 | €2,817 | -€23,604 | -89.3% |
| Other financial income | 752/9 | €26,420 | - | -€26,420 | |
| Financial charges | 65/66B | €29,311 | €21,120 | -€8,191 | -27.9% |
| Recurring financial charges | 65 | €29,311 | €21,120 | -€8,191 | -27.9% |
| Debt charges | 650 | €2 | - | -€2 | |
| Other financial charges | 652/9 | €29,309 | - | -€29,309 | |
| Profit (loss) for the period before taxes | 9903 | €115,387 | €887,819 | +€772,432 | +669.4% |
| Income taxes | 67/77 | €40,955 | €229,467 | +€188,512 | +460.3% |
| Taxes | 670/3 | €40,955 | - | -€40,955 | |
| Profit (loss) for the period | 9904 | €74,432 | €658,352 | +€583,920 | +784.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,432 | €658,352 | +€583,920 | +784.5% |
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 10 October 2026 via checked.be.