OROTRACT: 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.
OROTRACT
Largest movements
- Cash +€60,735
up €60,735 (+17.5%), from €346,828 to €407,563
mainly Net result for the year (+€219,915) and Depreciation (+€47,998)
- Tangible fixed assets -€38,868
down €38,868 (-6.7%), from €576,779 to €537,911
of which Furniture and vehicles: -€23,476
- Receivables within one year +€18,992
up €18,992 (+10.6%), from €179,135 to €198,127
of which Other amounts receivable: +€43,988
- Current investments +€18,000
up €18,000 (+5.2%), from €347,281 to €365,281
- Reserves +€219,000
up €219,000 (+21.1%), from €1.0m to €1.3m
- Other debts -€140,586
down €140,586 (-44.4%), from €316,351 to €175,765
- Gross operating margin -€54,838
down €54,838 (-11.8%), from €463,758 to €408,921
- Staff costs -€21,243
down €21,243 (-37.0%), from €57,458 to €36,214
- Taxes -€11,654
down €11,654 (-10.6%), from €109,574 to €97,920
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.
Derived cash bridge
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 | €1,452,306 | €1,515,769 | +€63,463 | +4.4% |
| Fixed assets | 21/28 | €576,829 | €537,961 | -€38,868 | -6.7% |
| Tangible fixed assets | 22/27 | €576,779 | €537,911 | -€38,868 | -6.7% |
| Land and buildings | 22 | €522,135 | €503,422 | -€18,713 | -3.6% |
| Plant, machinery and equipment | 23 | €3,973 | €8,772 | +€4,799 | +121% |
| Furniture and vehicles | 24 | €38,537 | €15,061 | -€23,476 | -60.9% |
| Other tangible fixed assets | 26 | €12,134 | €10,657 | -€1,477 | -12.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €875,477 | €977,808 | +€102,331 | +11.7% |
| Amounts receivable within one year | 40/41 | €179,135 | €198,127 | +€18,992 | +10.6% |
| Trade receivables | 40 | €158,502 | €133,507 | -€24,996 | -15.8% |
| Other amounts receivable | 41 | €20,632 | €64,620 | +€43,988 | +213% |
| Current investments | 50/53 | €347,281 | €365,281 | +€18,000 | +5.2% |
| Cash at bank and in hand | 54/58 | €346,828 | €407,563 | +€60,735 | +17.5% |
| Deferred charges and accrued income | 490/1 | €2,233 | €6,837 | +€4,604 | +206% |
| Total equity and liabilities | 10/49 | €1,452,306 | €1,515,769 | +€63,463 | +4.4% |
| Equity | 10/15 | €1,073,219 | €1,293,134 | +€219,915 | +20.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,035,860 | €1,254,860 | +€219,000 | +21.1% |
| Distributable reserves | 133 | €1,035,860 | €1,254,860 | +€219,000 | +21.1% |
| Profit (loss) carried forward | 14 | €24,959 | €25,874 | +€915 | +3.7% |
| Amounts payable | 17/49 | €379,086 | €222,635 | -€156,451 | -41.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €378,780 | €222,635 | -€156,145 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €7,356 | €0 | -€7,356 | -100% |
| Trade debts | 44 | €18,099 | €8,795 | -€9,304 | -51.4% |
| Suppliers | 440/4 | €18,099 | €8,795 | -€9,304 | -51.4% |
| Taxes, remuneration and social security | 45 | €36,974 | €38,075 | +€1,100 | +3.0% |
| Taxes | 450/3 | €24,548 | €29,555 | +€5,006 | +20.4% |
| Remuneration and social security | 454/9 | €12,426 | €8,520 | -€3,906 | -31.4% |
| Other amounts payable | 47/48 | €316,351 | €175,765 | -€140,586 | -44.4% |
| Accrued charges and deferred income | 492/3 | €306 | €0 | -€306 | -100% |
| Remuneration, social security and pensions | 62 | €57,458 | €36,214 | -€21,243 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,310 | €47,998 | -€312 | -0.6% |
| Other operating charges | 640/8 | €5,535 | €5,451 | -€84 | -1.5% |
| Gross operating margin | 9900 | €463,758 | €408,921 | -€54,838 | -11.8% |
| Operating profit (loss) | 9901 | €352,455 | €319,257 | -€33,198 | -9.4% |
| Financial income | 75/76B | €0 | €285 | +€285 | |
| Recurring financial income | 75 | €0 | €285 | +€285 | |
| Financial charges | 65/66B | €3,125 | €1,707 | -€1,418 | -45.4% |
| Recurring financial charges | 65 | €3,125 | €1,707 | -€1,418 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €349,330 | €317,835 | -€31,495 | -9.0% |
| Income taxes | 67/77 | €109,574 | €97,920 | -€11,654 | -10.6% |
| Profit (loss) for the period | 9904 | €239,756 | €219,915 | -€19,841 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €239,756 | €219,915 | -€19,841 | -8.3% |
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 24 October 2026 via checked.be.