OROSÉY: 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.
OROSÉY
Largest movements
- Cash -€82,700
down €82,700 (-19.7%), from €419,522 to €336,823
mainly Contributions, distributions and other (-€175,000) and Stocks and contracts (-€67,761)
- Stocks and contracts +€67,761
up €67,761 (+53.8%), from €126,011 to €193,772
- Receivables within one year +€32,931
up €32,931 (+48.7%), from €67,565 to €100,496
of which Trade receivables: +€34,580
- Tangible fixed assets -€31,014
down €31,014 (-16.2%), from €191,954 to €160,940
of which Plant, machinery and equipment: -€25,138
- Intangible fixed assets +€13,413
new in 2025: €13,413
- Reserves +€72,344
up €72,344 (+21.6%), from €334,700 to €407,045
- Other debts -€37,728
down €37,728 (-16.1%), from €233,905 to €196,177
- Debts after one year -€27,203
down €27,203 (-26.3%), from €103,284 to €76,080
- Tax, wage and social debts +€13,012
up €13,012 (+12.6%), from €103,573 to €116,584
of which Remuneration and social security: +€9,723
- Trade debts -€10,197
down €10,197 (-79.0%), from €12,901 to €2,704
- Gross operating margin +€169,401
up €169,401 (+24.9%), from €680,045 to €849,446
- Staff costs +€64,412
up €64,412 (+16.4%), from €392,190 to €456,602
- Taxes +€26,121
up €26,121 (+48.8%), from €53,568 to €79,688
- Depreciation +€9,477
up €9,477 (+20.0%), from €47,403 to €56,880
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 | €835,553 | €837,983 | +€2,429 | +0.3% |
| Fixed assets | 21/28 | €196,954 | €180,352 | -€16,601 | -8.4% |
| Intangible fixed assets | 21 | - | €13,413 | +€13,413 | |
| Tangible fixed assets | 22/27 | €191,954 | €160,940 | -€31,014 | -16.2% |
| Plant, machinery and equipment | 23 | €72,189 | €47,051 | -€25,138 | -34.8% |
| Furniture and vehicles | 24 | €5,495 | €4,325 | -€1,170 | -21.3% |
| Other tangible fixed assets | 26 | €114,269 | €109,564 | -€4,705 | -4.1% |
| Financial fixed assets | 28 | €5,000 | €6,000 | +€1,000 | +20.0% |
| Current assets | 29/58 | €638,600 | €657,630 | +€19,030 | +3.0% |
| Stocks and contracts in progress | 3 | €126,011 | €193,772 | +€67,761 | +53.8% |
| Stocks | 30/36 | €126,011 | €193,772 | +€67,761 | +53.8% |
| Amounts receivable within one year | 40/41 | €67,565 | €100,496 | +€32,931 | +48.7% |
| Trade receivables | 40 | €65,916 | €100,496 | +€34,580 | +52.5% |
| Other amounts receivable | 41 | €1,649 | - | -€1,649 | |
| Cash at bank and in hand | 54/58 | €419,522 | €336,823 | -€82,700 | -19.7% |
| Deferred charges and accrued income | 490/1 | €25,501 | €26,540 | +€1,038 | +4.1% |
| Total equity and liabilities | 10/49 | €835,553 | €837,983 | +€2,429 | +0.3% |
| Equity | 10/15 | €334,700 | €407,045 | +€72,344 | +21.6% |
| Reserves | 13 | €334,700 | €407,045 | +€72,344 | +21.6% |
| Distributable reserves | 133 | €334,700 | €407,045 | +€72,344 | +21.6% |
| Amounts payable | 17/49 | €500,853 | €430,938 | -€69,915 | -14.0% |
| Amounts payable after more than one year | 17 | €103,284 | €76,080 | -€27,203 | -26.3% |
| Financial debts | 170/4 | €103,284 | €76,080 | -€27,203 | -26.3% |
| Amounts payable within one year | 42/48 | €397,569 | €354,858 | -€42,712 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €47,191 | €39,392 | -€7,798 | -16.5% |
| Trade debts | 44 | €12,901 | €2,704 | -€10,197 | -79.0% |
| Suppliers | 440/4 | €12,901 | €2,704 | -€10,197 | -79.0% |
| Taxes, remuneration and social security | 45 | €103,573 | €116,584 | +€13,012 | +12.6% |
| Taxes | 450/3 | €44,038 | €47,326 | +€3,289 | +7.5% |
| Remuneration and social security | 454/9 | €59,535 | €69,258 | +€9,723 | +16.3% |
| Other amounts payable | 47/48 | €233,905 | €196,177 | -€37,728 | -16.1% |
| Remuneration, social security and pensions | 62 | €392,190 | €456,602 | +€64,412 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,403 | €56,880 | +€9,477 | +20.0% |
| Other operating charges | 640/8 | €1,344 | €1,392 | +€49 | +3.6% |
| Gross operating margin | 9900 | €680,045 | €849,446 | +€169,401 | +24.9% |
| Operating profit (loss) | 9901 | €239,109 | €334,572 | +€95,463 | +39.9% |
| Financial income | 75/76B | €1,998 | €2,088 | +€90 | +4.5% |
| Recurring financial income | 75 | €1,998 | €2,088 | +€90 | +4.5% |
| Financial charges | 65/66B | €11,303 | €9,627 | -€1,676 | -14.8% |
| Recurring financial charges | 65 | €11,303 | €9,627 | -€1,676 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €229,804 | €327,033 | +€97,229 | +42.3% |
| Income taxes | 67/77 | €53,568 | €79,688 | +€26,121 | +48.8% |
| Profit (loss) for the period | 9904 | €176,236 | €247,344 | +€71,108 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €176,236 | €247,344 | +€71,108 | +40.3% |
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 8 October 2026 via checked.be.