Orphic: 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.
Orphic
Largest movements
- Cash +€10,289
up €10,289 (+27.7%), from €37,126 to €47,414
mainly Net result for the year (+€25,903) and Other debts (+€2,729)
- Tangible fixed assets +€1,592
new in 2025: €1,592
- Deferred charges and accrued income +€1,281
up €1,281 (+223.7%), from €573 to €1,854
- Reserves +€13,003
up €13,003 (+46.8%), from €27,790 to €40,792
- Tax, wage and social debts -€3,930
down €3,930 (-24.3%), from €16,189 to €12,258
of which Remuneration and social security: -€2,700
- Other debts +€2,729
up €2,729 (+1557.8%), from €175 to €2,904
- Trade debts +€1,361
up €1,361 (+249.9%), from €545 to €1,905
- Financial charges +€1,645
up €1,645 (+3480.3%), from €47 to €1,693
- Gross operating margin -€454
down €454 (-1.3%), from €36,188 to €35,734
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.
Cash bridge derived
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 | €46,698 | €59,860 | +€13,162 | +28.2% |
| Fixed assets | 21/28 | - | €1,592 | +€1,592 | |
| Tangible fixed assets | 22/27 | - | €1,592 | +€1,592 | |
| Furniture and vehicles | 24 | - | €1,592 | +€1,592 | |
| Current assets | 29/58 | €46,698 | €58,268 | +€11,570 | +24.8% |
| Amounts receivable within one year | 40/41 | €9,000 | €9,000 | = | 0.0% |
| Trade receivables | 40 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,126 | €47,414 | +€10,289 | +27.7% |
| Deferred charges and accrued income | 490/1 | €573 | €1,854 | +€1,281 | +223.7% |
| Total equity and liabilities | 10/49 | €46,698 | €59,860 | +€13,162 | +28.2% |
| Equity | 10/15 | €29,790 | €42,792 | +€13,003 | +43.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €27,790 | €40,792 | +€13,003 | +46.8% |
| Distributable reserves | 133 | €27,790 | €40,792 | +€13,003 | +46.8% |
| Amounts payable | 17/49 | €16,909 | €17,068 | +€159 | +0.9% |
| Amounts payable within one year | 42/48 | €16,909 | €17,068 | +€159 | +0.9% |
| Trade debts | 44 | €545 | €1,905 | +€1,361 | +249.9% |
| Suppliers | 440/4 | €545 | €1,905 | +€1,361 | +249.9% |
| Taxes, remuneration and social security | 45 | €16,189 | €12,258 | -€3,930 | -24.3% |
| Taxes | 450/3 | €13,489 | €12,258 | -€1,230 | -9.1% |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €175 | €2,904 | +€2,729 | +1557.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650 | €663 | +€13 | +2.0% |
| Other operating charges | 640/8 | €387 | €167 | -€220 | -56.9% |
| Gross operating margin | 9900 | €36,188 | €35,734 | -€454 | -1.3% |
| Operating profit (loss) | 9901 | €35,151 | €34,904 | -€247 | -0.7% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €47 | €1,693 | +€1,645 | +3480.3% |
| Recurring financial charges | 65 | €47 | €1,693 | +€1,645 | +3480.3% |
| Profit (loss) for the period before taxes | 9903 | €35,103 | €33,215 | -€1,888 | -5.4% |
| Income taxes | 67/77 | €7,314 | €7,312 | -€1 | 0.0% |
| Profit (loss) for the period | 9904 | €27,790 | €25,903 | -€1,887 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,790 | €25,903 | -€1,887 | -6.8% |
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 12 October 2026 via checked.be.