OROGI: 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.
OROGI
Largest movements
- Stocks and contracts +€173,399
up €173,399 (+15.4%), from €1.1m to €1.3m
- Cash +€77,508
up €77,508 (+129.4%), from €59,885 to €137,393
mainly Trade debts (+€192,289) and Tax, wage and social debts (+€55,123)
- Trade debts +€192,289
up €192,289 (+16.8%), from €1.1m to €1.3m
- Tax, wage and social debts +€55,123
up €55,123 (+200.4%), from €27,510 to €82,633
of which Taxes: +€51,123
- Gross operating margin -€164,591
down €164,591 (-79.1%), from €208,155 to €43,564
- Taxes -€48,969
down €48,969 (-92.0%), from €53,203 to €4,234
- Financial income -€26,679
down €26,679 (-92.9%), from €28,704 to €2,026
- Financial charges -€26,583
down €26,583 (-79.8%), from €33,312 to €6,730
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 | €1,749,088 | €1,987,347 | +€238,258 | +13.6% |
| Fixed assets | 21/28 | €100,793 | €92,877 | -€7,916 | -7.9% |
| Tangible fixed assets | 22/27 | €65,793 | €57,877 | -€7,916 | -12.0% |
| Plant, machinery and equipment | 23 | €6,584 | €3,866 | -€2,718 | -41.3% |
| Furniture and vehicles | 24 | €31,567 | €16,152 | -€15,415 | -48.8% |
| Other tangible fixed assets | 26 | €27,641 | €37,859 | +€10,218 | +37.0% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €1,648,296 | €1,894,470 | +€246,174 | +14.9% |
| Stocks and contracts in progress | 3 | €1,126,856 | €1,300,255 | +€173,399 | +15.4% |
| Stocks | 30/36 | €1,126,856 | €1,300,255 | +€173,399 | +15.4% |
| Amounts receivable within one year | 40/41 | €456,320 | €436,601 | -€19,719 | -4.3% |
| Trade receivables | 40 | €24,291 | €5,000 | -€19,291 | -79.4% |
| Other amounts receivable | 41 | €432,029 | €431,601 | -€428 | -0.1% |
| Cash at bank and in hand | 54/58 | €59,885 | €137,393 | +€77,508 | +129.4% |
| Deferred charges and accrued income | 490/1 | €5,235 | €20,221 | +€14,986 | +286.3% |
| Total equity and liabilities | 10/49 | €1,749,088 | €1,987,347 | +€238,258 | +13.6% |
| Equity | 10/15 | €545,332 | €548,463 | +€3,131 | +0.6% |
| Contributions | 10/11 | €80,573 | €80,573 | = | 0.0% |
| Reserves | 13 | €464,319 | €467,419 | +€3,100 | +0.7% |
| Tax-exempt reserves | 132 | €15,127 | €15,127 | = | 0.0% |
| Distributable reserves | 133 | €449,192 | €452,292 | +€3,100 | +0.7% |
| Profit (loss) carried forward | 14 | €439 | €471 | +€31 | +7.2% |
| Amounts payable | 17/49 | €1,203,757 | €1,438,883 | +€235,127 | +19.5% |
| Amounts payable after more than one year | 17 | €16,463 | €4,889 | -€11,573 | -70.3% |
| Financial debts | 170/4 | €16,463 | €4,889 | -€11,573 | -70.3% |
| Amounts payable within one year | 42/48 | €1,187,294 | €1,433,994 | +€246,700 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €12,285 | €11,573 | -€712 | -5.8% |
| Trade debts | 44 | €1,147,498 | €1,339,787 | +€192,289 | +16.8% |
| Suppliers | 440/4 | €1,147,498 | €1,339,787 | +€192,289 | +16.8% |
| Taxes, remuneration and social security | 45 | €27,510 | €82,633 | +€55,123 | +200.4% |
| Taxes | 450/3 | €27,510 | €78,633 | +€51,123 | +185.8% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,167 | €27,151 | +€1,984 | +7.9% |
| Other operating charges | 640/8 | €3,042 | €4,343 | +€1,301 | +42.8% |
| Gross operating margin | 9900 | €208,155 | €43,564 | -€164,591 | -79.1% |
| Operating profit (loss) | 9901 | €179,946 | €12,070 | -€167,876 | -93.3% |
| Financial income | 75/76B | €28,704 | €2,026 | -€26,679 | -92.9% |
| Recurring financial income | 75 | €28,704 | €2,026 | -€26,679 | -92.9% |
| Financial charges | 65/66B | €33,312 | €6,730 | -€26,583 | -79.8% |
| Recurring financial charges | 65 | €33,312 | €6,730 | -€26,583 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €175,338 | €7,366 | -€167,972 | -95.8% |
| Income taxes | 67/77 | €53,203 | €4,234 | -€48,969 | -92.0% |
| Profit (loss) for the period | 9904 | €122,135 | €3,131 | -€119,004 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €122,135 | €3,131 | -€119,004 | -97.4% |
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 30 September 2026 via checked.be.