OROTECH: 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.
OROTECH
Largest movements
- Tangible fixed assets +€372,612
up €372,612 (+130.7%), from €285,119 to €657,731
of which Land and buildings: +€392,438
- Cash +€168,040
up €168,040 (+271.7%), from €61,839 to €229,879
mainly Other debts (+€326,286) and Net result for the year (+€159,807)
- Receivables within one year -€29,891
down €29,891 (-6.9%), from €434,363 to €404,471
of which Other amounts receivable: -€33,250
- Other debts +€326,286
new in 2024: €326,286
- Reserves +€146,089
up €146,089 (+1217.4%), from €12,000 to €158,089
of which Distributable reserves: +€137,989
- Tax, wage and social debts +€48,959
up €48,959 (+264.7%), from €18,498 to €67,458
of which Taxes: +€49,209
- Trade debts -€18,542
down €18,542 (-40.6%), from €45,717 to €27,176
- Gross operating margin +€52,711
up €52,711 (+16.9%), from €311,913 to €364,624
- Staff costs +€6,953
up €6,953 (+7.0%), from €100,029 to €106,982
- Depreciation -€4,688
down €4,688 (-5.0%), from €93,211 to €88,523
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.
Cash bridge derived
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 | €794,282 | €1,303,208 | +€508,926 | +64.1% |
| Fixed assets | 21/28 | €285,119 | €657,731 | +€372,612 | +130.7% |
| Tangible fixed assets | 22/27 | €285,119 | €657,731 | +€372,612 | +130.7% |
| Land and buildings | 22 | €165,874 | €558,313 | +€392,438 | +236.6% |
| Plant, machinery and equipment | 23 | €41,555 | €41,088 | -€467 | -1.1% |
| Furniture and vehicles | 24 | €77,690 | €58,330 | -€19,360 | -24.9% |
| Current assets | 29/58 | €509,162 | €645,477 | +€136,315 | +26.8% |
| Amounts receivable within one year | 40/41 | €434,363 | €404,471 | -€29,891 | -6.9% |
| Trade receivables | 40 | €398,575 | €401,933 | +€3,359 | +0.8% |
| Other amounts receivable | 41 | €35,788 | €2,538 | -€33,250 | -92.9% |
| Cash at bank and in hand | 54/58 | €61,839 | €229,879 | +€168,040 | +271.7% |
| Deferred charges and accrued income | 490/1 | €12,960 | €11,126 | -€1,834 | -14.1% |
| Total equity and liabilities | 10/49 | €794,282 | €1,303,208 | +€508,926 | +64.1% |
| Equity | 10/15 | €730,066 | €882,289 | +€152,223 | +20.9% |
| Contributions | 10/11 | €724,200 | €724,200 | = | 0.0% |
| Capital | 10 | €724,200 | €724,200 | = | 0.0% |
| Issued capital | 100 | €724,200 | €724,200 | = | 0.0% |
| Reserves | 13 | €12,000 | €158,089 | +€146,089 | +1217.4% |
| Non-distributable reserves | 130/1 | €12,000 | €20,100 | +€8,100 | +67.5% |
| Legal reserve | 130 | €12,000 | €20,100 | +€8,100 | +67.5% |
| Distributable reserves | 133 | - | €137,989 | +€137,989 | |
| Profit (loss) carried forward | 14 | -€6,134 | - | +€6,134 | |
| Amounts payable | 17/49 | €64,216 | €420,919 | +€356,703 | +555.5% |
| Amounts payable within one year | 42/48 | €64,216 | €420,919 | +€356,703 | +555.5% |
| Trade debts | 44 | €45,717 | €27,176 | -€18,542 | -40.6% |
| Suppliers | 440/4 | €45,717 | €27,176 | -€18,542 | -40.6% |
| Taxes, remuneration and social security | 45 | €18,498 | €67,458 | +€48,959 | +264.7% |
| Taxes | 450/3 | €6,293 | €55,502 | +€49,209 | +782.0% |
| Remuneration and social security | 454/9 | €12,205 | €11,956 | -€249 | -2.0% |
| Other amounts payable | 47/48 | - | €326,286 | +€326,286 | |
| Remuneration, social security and pensions | 62 | €100,029 | €106,982 | +€6,953 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,211 | €88,523 | -€4,688 | -5.0% |
| Other operating charges | 640/8 | €9,612 | €6,357 | -€3,256 | -33.9% |
| Non-recurring operating charges | 66A | €4,707 | - | -€4,707 | |
| Gross operating margin | 9900 | €311,913 | €364,624 | +€52,711 | +16.9% |
| Operating profit (loss) | 9901 | €104,354 | €162,764 | +€58,409 | +56.0% |
| Financial income | 75/76B | €6 | €459 | +€452 | +7343.2% |
| Recurring financial income | 75 | €6 | €459 | +€452 | +7343.2% |
| Financial charges | 65/66B | €362 | €163 | -€199 | -55.0% |
| Recurring financial charges | 65 | €362 | €163 | -€199 | -55.0% |
| Profit (loss) for the period before taxes | 9903 | €103,998 | €163,059 | +€59,061 | +56.8% |
| Income taxes | 67/77 | €1,407 | €3,252 | +€1,846 | +131.2% |
| Profit (loss) for the period | 9904 | €102,592 | €159,807 | +€57,215 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €102,592 | €159,807 | +€57,215 | +55.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.