OROVET: 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.
OROVET
Largest movements
- Stocks and contracts +€49,416
up €49,416 (+28.7%), from €172,008 to €221,424
- Receivables within one year -€12,706
down €12,706 (-57.7%), from €22,026 to €9,320
of which Trade receivables: -€10,924
- Tangible fixed assets -€3,480
down €3,480 (-37.9%), from €9,180 to €5,700
of which Plant, machinery and equipment: -€3,175
- Deferred charges and accrued income -€2,768
no longer reported in 2025 (was €2,768)
- Trade debts +€50,900
up €50,900 (+37.4%), from €136,080 to €186,980
- Other debts -€29,642
down €29,642 (-64.7%), from €45,820 to €16,178
- Tax, wage and social debts +€10,029
up €10,029 (+555%), from €1,807 to €11,836
- Debts after one year -€5,000
down €5,000 (-52.2%), from €9,583 to €4,583
- Taxes +€3,330
new in 2025: €3,330
- Depreciation -€2,917
down €2,917 (-36.9%), from €7,907 to €4,990
- Financial charges -€1,572
down €1,572 (-54.7%), from €2,874 to €1,302
- Other operating charges +€306
up €306 (+30.5%), from €1,002 to €1,308
- Gross operating margin +€290
up €290 (+2.5%), from €11,571 to €11,861
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 | €210,385 | €238,890 | +€28,505 | +13.5% |
| Fixed assets | 21/28 | €12,847 | €7,857 | -€4,990 | -38.8% |
| Intangible fixed assets | 21 | €3,667 | €2,157 | -€1,510 | -41.2% |
| Tangible fixed assets | 22/27 | €9,180 | €5,700 | -€3,480 | -37.9% |
| Land and buildings | 22 | €1,674 | €1,369 | -€305 | -18.2% |
| Plant, machinery and equipment | 23 | €7,506 | €4,331 | -€3,175 | -42.3% |
| Current assets | 29/58 | €197,538 | €231,033 | +€33,495 | +17.0% |
| Stocks and contracts in progress | 3 | €172,008 | €221,424 | +€49,416 | +28.7% |
| Stocks | 30/36 | €172,008 | €221,424 | +€49,416 | +28.7% |
| Amounts receivable within one year | 40/41 | €22,026 | €9,320 | -€12,706 | -57.7% |
| Trade receivables | 40 | €19,200 | €8,276 | -€10,924 | -56.9% |
| Other amounts receivable | 41 | €2,826 | €1,044 | -€1,782 | -63.1% |
| Cash at bank and in hand | 54/58 | €736 | €289 | -€447 | -60.7% |
| Deferred charges and accrued income | 490/1 | €2,768 | - | -€2,768 | |
| Total equity and liabilities | 10/49 | €210,385 | €238,890 | +€28,505 | +13.5% |
| Equity | 10/15 | €12,095 | €13,406 | +€1,311 | +10.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,095 | €8,406 | +€1,311 | +18.5% |
| Distributable reserves | 133 | €7,095 | €8,406 | +€1,311 | +18.5% |
| Amounts payable | 17/49 | €198,290 | €225,484 | +€27,194 | +13.7% |
| Amounts payable after more than one year | 17 | €9,583 | €4,583 | -€5,000 | -52.2% |
| Financial debts | 170/4 | €9,583 | €4,583 | -€5,000 | -52.2% |
| Amounts payable within one year | 42/48 | €188,707 | €219,994 | +€31,287 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €136,080 | €186,980 | +€50,900 | +37.4% |
| Suppliers | 440/4 | €136,080 | €186,980 | +€50,900 | +37.4% |
| Taxes, remuneration and social security | 45 | €1,807 | €11,836 | +€10,029 | +555% |
| Taxes | 450/3 | €1,807 | €11,836 | +€10,029 | +555% |
| Other amounts payable | 47/48 | €45,820 | €16,178 | -€29,642 | -64.7% |
| Accrued charges and deferred income | 492/3 | - | €907 | +€907 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,907 | €4,990 | -€2,917 | -36.9% |
| Other operating charges | 640/8 | €1,002 | €1,308 | +€306 | +30.5% |
| Gross operating margin | 9900 | €11,571 | €11,861 | +€290 | +2.5% |
| Operating profit (loss) | 9901 | €2,662 | €5,563 | +€2,901 | +109% |
| Financial income | 75/76B | €363 | €380 | +€17 | +4.7% |
| Recurring financial income | 75 | €363 | €380 | +€17 | +4.7% |
| Financial charges | 65/66B | €2,874 | €1,302 | -€1,572 | -54.7% |
| Recurring financial charges | 65 | €2,874 | €1,302 | -€1,572 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | €151 | €4,641 | +€4,490 | +2,974% |
| Income taxes | 67/77 | - | €3,330 | +€3,330 | |
| Profit (loss) for the period | 9904 | €151 | €1,311 | +€1,160 | +768% |
| Profit (loss) for the period to be appropriated | 9905 | €151 | €1,311 | +€1,160 | +768% |
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 17 October 2026 via checked.be.