ORQA ENGINEERING: what changed
Two fiscal 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.
ORQA ENGINEERING
Largest movements
- Cash +€52,201
up €52,201 (+59.9%), from €87,127 to €139,328
mainly Net result for the year (+€54,744) and Deferred charges and accrued income (+€3,515)
- Deferred charges and accrued income -€3,515
down €3,515 (-47.3%), from €7,429 to €3,913
- Profit (loss) carried forward +€54,744
up €54,744 (+58.3%), from €93,844 to €148,588
- Trade debts -€4,746
down €4,746 (-99.3%), from €4,782 to €36
No income-statement line moved by more than 1% of the activity.
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 | €107,480 | €157,087 | +€49,607 | +46.2% |
| Fixed assets | 21/28 | €681 | €307 | -€374 | -55.0% |
| Tangible fixed assets | 22/27 | €681 | €307 | -€374 | -55.0% |
| Furniture and vehicles | 24 | €681 | €307 | -€374 | -55.0% |
| Current assets | 29/58 | €106,798 | €156,780 | +€49,982 | +46.8% |
| Amounts receivable within one year | 40/41 | €12,243 | €13,539 | +€1,296 | +10.6% |
| Trade receivables | 40 | €10,554 | €11,929 | +€1,376 | +13.0% |
| Other amounts receivable | 41 | €1,689 | €1,610 | -€79 | -4.7% |
| Cash at bank and in hand | 54/58 | €87,127 | €139,328 | +€52,201 | +59.9% |
| Deferred charges and accrued income | 490/1 | €7,429 | €3,913 | -€3,515 | -47.3% |
| Total equity and liabilities | 10/49 | €107,480 | €157,087 | +€49,607 | +46.2% |
| Equity | 10/15 | €94,844 | €149,588 | +€54,744 | +57.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,844 | €148,588 | +€54,744 | +58.3% |
| Amounts payable | 17/49 | €12,636 | €7,499 | -€5,137 | -40.7% |
| Amounts payable within one year | 42/48 | €12,636 | €7,499 | -€5,137 | -40.7% |
| Trade debts | 44 | €4,782 | €36 | -€4,746 | -99.3% |
| Suppliers | 440/4 | €4,782 | €36 | -€4,746 | -99.3% |
| Taxes, remuneration and social security | 45 | €7,265 | €7,395 | +€130 | +1.8% |
| Taxes | 450/3 | €5,248 | €5,378 | +€130 | +2.5% |
| Remuneration and social security | 454/9 | €2,017 | €2,017 | = | 0.0% |
| Other amounts payable | 47/48 | €589 | €68 | -€521 | -88.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €374 | = | 0.0% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Gross operating margin | 9900 | €71,735 | €71,978 | +€243 | +0.3% |
| Operating profit (loss) | 9901 | €71,076 | €71,309 | +€233 | +0.3% |
| Financial charges | 65/66B | €89 | €174 | +€85 | +95.0% |
| Recurring financial charges | 65 | €89 | €174 | +€85 | +95.0% |
| Profit (loss) for the period before taxes | 9903 | €70,986 | €71,134 | +€148 | +0.2% |
| Income taxes | 67/77 | €16,311 | €16,390 | +€79 | +0.5% |
| Profit (loss) for the period | 9904 | €54,676 | €54,744 | +€69 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,676 | €54,744 | +€69 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.