ORPHEUS CONSULTING: 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.
ORPHEUS CONSULTING
Largest movements
- Current investments +€200,223
up €200,223 (+435%), from €46,015 to €246,238
- Cash -€53,305
down €53,305 (-52.3%), from €101,947 to €48,641
mainly Current investments (-€200,223) and Tax, wage and social debts (-€20,946)
- Tangible fixed assets -€22,840
down €22,840 (-17.7%), from €128,848 to €106,008
of which Furniture and vehicles: -€24,742
- Reserves +€149,939
up €149,939 (+16.9%), from €886,417 to €1.0m
of which Distributable reserves: +€149,939
- Tax, wage and social debts -€20,946
down €20,946 (-49.6%), from €42,258 to €21,312
of which Taxes: -€20,946
- Trade debts -€17,252
down €17,252 (-86.8%), from €19,884 to €2,632
- Gross operating margin -€27,116
down €27,116 (-10.2%), from €264,640 to €237,524
- Depreciation +€12,393
up €12,393 (+71.5%), from €17,339 to €29,732
- Taxes -€11,539
down €11,539 (-14.0%), from €82,475 to €70,936
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 | €971,525 | €1,083,265 | +€111,740 | +11.5% |
| Fixed assets | 21/28 | €128,848 | €106,008 | -€22,840 | -17.7% |
| Tangible fixed assets | 22/27 | €128,848 | €106,008 | -€22,840 | -17.7% |
| Plant, machinery and equipment | 23 | - | €1,902 | +€1,902 | |
| Furniture and vehicles | 24 | €128,848 | €104,106 | -€24,742 | -19.2% |
| Current assets | 29/58 | €842,676 | €977,257 | +€134,580 | +16.0% |
| Amounts receivable after more than one year | 29 | €657,397 | €657,397 | = | 0.0% |
| Other amounts receivable | 291 | €657,397 | €657,397 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,453 | €20,682 | -€10,770 | -34.2% |
| Trade receivables | 40 | €13,609 | €5,018 | -€8,591 | -63.1% |
| Other amounts receivable | 41 | €17,843 | €15,664 | -€2,179 | -12.2% |
| Current investments | 50/53 | €46,015 | €246,238 | +€200,223 | +435% |
| Cash at bank and in hand | 54/58 | €101,947 | €48,641 | -€53,305 | -52.3% |
| Deferred charges and accrued income | 490/1 | €5,865 | €4,299 | -€1,566 | -26.7% |
| Total equity and liabilities | 10/49 | €971,525 | €1,083,265 | +€111,740 | +11.5% |
| Equity | 10/15 | €909,383 | €1,059,321 | +€149,939 | +16.5% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €886,417 | €1,036,356 | +€149,939 | +16.9% |
| Tax-exempt reserves | 132 | €17,113 | €17,113 | = | 0.0% |
| Distributable reserves | 133 | €869,304 | €1,019,243 | +€149,939 | +17.2% |
| Profit (loss) carried forward | 14 | €4,216 | €4,216 | = | 0.0% |
| Amounts payable | 17/49 | €62,142 | €23,943 | -€38,198 | -61.5% |
| Amounts payable within one year | 42/48 | €62,142 | €23,943 | -€38,198 | -61.5% |
| Trade debts | 44 | €19,884 | €2,632 | -€17,252 | -86.8% |
| Suppliers | 440/4 | €19,884 | €2,632 | -€17,252 | -86.8% |
| Taxes, remuneration and social security | 45 | €42,258 | €21,312 | -€20,946 | -49.6% |
| Taxes | 450/3 | €42,257 | €21,312 | -€20,946 | -49.6% |
| Remuneration and social security | 454/9 | €0 | €0 | -€0 | -100% |
| Non-recurring operating income | 76A | €2,325 | €18,100 | +€15,775 | +679% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,339 | €29,732 | +€12,393 | +71.5% |
| Other operating charges | 640/8 | €636 | €673 | +€37 | +5.8% |
| Gross operating margin | 9900 | €264,640 | €237,524 | -€27,116 | -10.2% |
| Operating profit (loss) | 9901 | €246,665 | €207,119 | -€39,546 | -16.0% |
| Financial income | 75/76B | €13,706 | €13,833 | +€127 | +0.9% |
| Recurring financial income | 75 | €13,706 | €13,833 | +€127 | +0.9% |
| Financial charges | 65/66B | €55 | €77 | +€22 | +39.4% |
| Recurring financial charges | 65 | €55 | €77 | +€22 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €260,316 | €220,875 | -€39,441 | -15.2% |
| Income taxes | 67/77 | €82,475 | €70,936 | -€11,539 | -14.0% |
| Profit (loss) for the period | 9904 | €177,841 | €149,939 | -€27,902 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €177,841 | €149,939 | -€27,902 | -15.7% |
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 16 October 2026 via checked.be.