ORROZ: 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.
ORROZ
Largest movements
- Receivables within one year -€22,444
down €22,444 (-77.4%), from €28,988 to €6,545
of which Trade receivables: -€26,572
- Cash -€11,562
down €11,562 (-9.1%), from €127,399 to €115,837
mainly Contributions, distributions and other (-€50,000) and Other debts (-€5,179)
- Tangible fixed assets -€9,477
down €9,477 (-23.4%), from €40,517 to €31,040
of which Furniture and vehicles: -€9,310
- Profit (loss) carried forward -€34,764
down €34,764 (-28.2%), from €123,369 to €88,605
- Other debts -€5,179
down €5,179 (-12.9%), from €40,179 to €35,000
- Tax, wage and social debts -€2,188
down €2,188 (-7.7%), from €28,242 to €26,054
- Turnover -€32,990
down €32,990 (-27.0%), from €122,189 to €89,199
- Gross operating margin -€27,257
down €27,257 (-40.0%), from €68,128 to €40,871
- Taxes -€9,656
down €9,656 (-64.4%), from €14,986 to €5,330
- Purchases and services -€7,951
down €7,951 (-13.7%), from €58,040 to €50,089
- Write-downs +€5,928
new in 2025: €5,928
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 | €196,904 | €154,547 | -€42,357 | -21.5% |
| Fixed assets | 21/28 | €40,517 | €31,040 | -€9,477 | -23.4% |
| Tangible fixed assets | 22/27 | €40,517 | €31,040 | -€9,477 | -23.4% |
| Plant, machinery and equipment | 23 | €442 | €275 | -€167 | -37.7% |
| Furniture and vehicles | 24 | €40,075 | €30,765 | -€9,310 | -23.2% |
| Current assets | 29/58 | €156,387 | €123,507 | -€32,880 | -21.0% |
| Amounts receivable within one year | 40/41 | €28,988 | €6,545 | -€22,444 | -77.4% |
| Trade receivables | 40 | €28,988 | €2,416 | -€26,572 | -91.7% |
| Other amounts receivable | 41 | - | €4,129 | +€4,129 | |
| Cash at bank and in hand | 54/58 | €127,399 | €115,837 | -€11,562 | -9.1% |
| Deferred charges and accrued income | 490/1 | - | €1,125 | +€1,125 | |
| Total equity and liabilities | 10/49 | €196,904 | €154,547 | -€42,357 | -21.5% |
| Equity | 10/15 | €127,741 | €92,976 | -€34,764 | -27.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €4,272 | €4,272 | = | 0.0% |
| Distributable reserves | 133 | €4,272 | €4,272 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,369 | €88,605 | -€34,764 | -28.2% |
| Amounts payable | 17/49 | €69,164 | €61,571 | -€7,593 | -11.0% |
| Amounts payable within one year | 42/48 | €69,164 | €61,571 | -€7,593 | -11.0% |
| Trade debts | 44 | €743 | €517 | -€226 | -30.4% |
| Suppliers | 440/4 | €743 | €517 | -€226 | -30.4% |
| Taxes, remuneration and social security | 45 | €28,242 | €26,054 | -€2,188 | -7.7% |
| Taxes | 450/3 | €28,242 | €26,054 | -€2,188 | -7.7% |
| Other amounts payable | 47/48 | €40,179 | €35,000 | -€5,179 | -12.9% |
| Turnover | 70 | €122,189 | €89,199 | -€32,990 | -27.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €58,040 | €50,089 | -€7,951 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,877 | €11,884 | +€1,007 | +9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,928 | +€5,928 | |
| Other operating charges | 640/8 | €547 | €1,834 | +€1,288 | +235.6% |
| Gross operating margin | 9900 | €68,128 | €40,871 | -€27,257 | -40.0% |
| Operating profit (loss) | 9901 | €56,705 | €21,225 | -€35,479 | -62.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €253 | €660 | +€407 | +160.8% |
| Recurring financial charges | 65 | €253 | €660 | +€407 | +160.8% |
| Profit (loss) for the period before taxes | 9903 | €56,452 | €20,565 | -€35,886 | -63.6% |
| Income taxes | 67/77 | €14,986 | €5,330 | -€9,656 | -64.4% |
| Profit (loss) for the period | 9904 | €41,466 | €15,236 | -€26,230 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,466 | €15,236 | -€26,230 | -63.3% |
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 6 October 2026 via checked.be.