ORPHEE PRODUCTION: 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.
ORPHEE PRODUCTION
Largest movements
- Cash -€19,162
down €19,162 (-79.2%), from €24,180 to €5,018
mainly Provisions (-€20,000) and Debts after one year (-€13,917)
- Tangible fixed assets -€7,758
down €7,758 (-4.8%), from €162,176 to €154,418
- Receivables within one year -€4,044
down €4,044 (-14.5%), from €27,834 to €23,790
of which Other amounts receivable: -€4,197
- Provisions -€20,000
no longer reported in 2023 (was €20,000)
- Debts after one year -€13,917
down €13,917 (-22.2%), from €62,614 to €48,698
- Trade debts +€6,076
up €6,076 (+293%), from €2,072 to €8,148
- Tax, wage and social debts -€4,022
down €4,022 (-83.0%), from €4,848 to €827
- Profit (loss) carried forward +€2,633
up €2,633 (+2.6%), from €102,057 to €104,690
- Gross operating margin -€37,428
down €37,428, from €34,129 to -€3,299
- Provisions -€20,000
new in 2023: -€20,000
- Taxes -€7,241
down €7,241 (-79.8%), from €9,075 to €1,835
- Other operating charges +€1,742
up €1,742 (+61.7%), from €2,825 to €4,566
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,152 | €185,937 | -€29,216 | -13.6% |
| Fixed assets | 21/28 | €162,751 | €154,993 | -€7,758 | -4.8% |
| Tangible fixed assets | 22/27 | €162,176 | €154,418 | -€7,758 | -4.8% |
| Land and buildings | 22 | €162,176 | €154,418 | -€7,758 | -4.8% |
| Financial fixed assets | 28 | €575 | €575 | = | 0.0% |
| Current assets | 29/58 | €52,401 | €30,944 | -€21,458 | -40.9% |
| Amounts receivable within one year | 40/41 | €27,834 | €23,790 | -€4,044 | -14.5% |
| Trade receivables | 40 | €14,015 | €14,168 | +€153 | +1.1% |
| Other amounts receivable | 41 | €13,820 | €9,622 | -€4,197 | -30.4% |
| Cash at bank and in hand | 54/58 | €24,180 | €5,018 | -€19,162 | -79.2% |
| Deferred charges and accrued income | 490/1 | €387 | €2,136 | +€1,749 | +452% |
| Total equity and liabilities | 10/49 | €215,152 | €185,937 | -€29,216 | -13.6% |
| Equity | 10/15 | €125,617 | €128,250 | +€2,633 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,960 | €4,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,100 | €3,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,057 | €104,690 | +€2,633 | +2.6% |
| Provisions and deferred taxes | 16 | €20,000 | - | -€20,000 | |
| Provisions for liabilities and charges | 160/5 | €20,000 | - | -€20,000 | |
| Other liabilities and charges | 164/5 | €20,000 | - | -€20,000 | |
| Amounts payable | 17/49 | €69,535 | €57,686 | -€11,849 | -17.0% |
| Amounts payable after more than one year | 17 | €62,614 | €48,698 | -€13,917 | -22.2% |
| Financial debts | 170/4 | €62,614 | €48,698 | -€13,917 | -22.2% |
| Amounts payable within one year | 42/48 | €6,921 | €8,989 | +€2,068 | +29.9% |
| Financial debts | 43 | - | €14 | +€14 | |
| Credit institutions | 430/8 | - | €14 | +€14 | |
| Trade debts | 44 | €2,072 | €8,148 | +€6,076 | +293% |
| Suppliers | 440/4 | €2,072 | €8,148 | +€6,076 | +293% |
| Taxes, remuneration and social security | 45 | €4,848 | €827 | -€4,022 | -83.0% |
| Taxes | 450/3 | €4,848 | €827 | -€4,022 | -83.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,758 | €7,758 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€20,000 | -€20,000 | |
| Other operating charges | 640/8 | €2,825 | €4,566 | +€1,742 | +61.7% |
| Gross operating margin | 9900 | €34,129 | -€3,299 | -€37,428 | |
| Operating profit (loss) | 9901 | €23,547 | €4,377 | -€19,170 | -81.4% |
| Financial income | 75/76B | €592 | €267 | -€325 | -54.9% |
| Recurring financial income | 75 | €592 | €267 | -€325 | -54.9% |
| Financial charges | 65/66B | €178 | €176 | -€3 | -1.5% |
| Recurring financial charges | 65 | €178 | €176 | -€3 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €23,960 | €4,468 | -€19,492 | -81.4% |
| Income taxes | 67/77 | €9,075 | €1,835 | -€7,241 | -79.8% |
| Profit (loss) for the period | 9904 | €14,885 | €2,633 | -€12,252 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,885 | €2,633 | -€12,252 | -82.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.