ORS & CO: 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.
ORS & CO
Largest movements
- Tangible fixed assets +€6,758
up €6,758 (+182%), from €3,719 to €10,478
- Receivables within one year +€5,849
up €5,849 (+142%), from €4,106 to €9,956
of which Trade receivables: +€5,339
- Cash -€2,228
down €2,228 (-83.4%), from €2,670 to €442
mainly Investment in fixed assets (net) (-€7,098) and Receivables within one year (-€5,849)
- Deferred charges and accrued income -€936
down €936 (-42.1%), from €2,222 to €1,286
- Tax, wage and social debts +€4,485
up €4,485 (+159%), from €2,822 to €7,307
of which Remuneration and social security: +€5,000
- Profit (loss) carried forward +€3,399
up €3,399 (+50.8%), from €6,693 to €10,092
- Accrued charges and deferred income +€1,200
new in 2025: €1,200
- Other debts +€391
up €391 (+1,302%), from €30 to €421
- Gross operating margin -€3,629
down €3,629 (-28.9%), from €12,559 to €8,930
- Depreciation -€749
down €749 (-68.8%), from €1,089 to €340
- Taxes -€515
down €515 (-18.2%), from €2,822 to €2,307
- Financial charges +€373
up €373 (+67.7%), from €551 to €923
- Other operating charges -€271
down €271 (-19.3%), from €1,405 to €1,134
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 | €12,718 | €22,162 | +€9,444 | +74.3% |
| Fixed assets | 21/28 | €3,719 | €10,478 | +€6,758 | +182% |
| Tangible fixed assets | 22/27 | €3,719 | €10,478 | +€6,758 | +182% |
| Furniture and vehicles | 24 | €3,719 | €10,478 | +€6,758 | +182% |
| Current assets | 29/58 | €8,999 | €11,684 | +€2,686 | +29.8% |
| Amounts receivable within one year | 40/41 | €4,106 | €9,956 | +€5,849 | +142% |
| Trade receivables | 40 | €2,411 | €7,750 | +€5,339 | +221% |
| Other amounts receivable | 41 | €1,696 | €2,206 | +€510 | +30.1% |
| Cash at bank and in hand | 54/58 | €2,670 | €442 | -€2,228 | -83.4% |
| Deferred charges and accrued income | 490/1 | €2,222 | €1,286 | -€936 | -42.1% |
| Total equity and liabilities | 10/49 | €12,718 | €22,162 | +€9,444 | +74.3% |
| Equity | 10/15 | €9,693 | €13,092 | +€3,399 | +35.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,693 | €10,092 | +€3,399 | +50.8% |
| Amounts payable | 17/49 | €3,025 | €9,070 | +€6,046 | +200% |
| Amounts payable within one year | 42/48 | €3,025 | €7,870 | +€4,846 | +160% |
| Trade debts | 44 | €172 | €142 | -€30 | -17.6% |
| Suppliers | 440/4 | €172 | €142 | -€30 | -17.6% |
| Taxes, remuneration and social security | 45 | €2,822 | €7,307 | +€4,485 | +159% |
| Taxes | 450/3 | €2,822 | €2,307 | -€515 | -18.2% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €30 | €421 | +€391 | +1,302% |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,089 | €340 | -€749 | -68.8% |
| Other operating charges | 640/8 | €1,405 | €1,134 | -€271 | -19.3% |
| Non-recurring operating charges | 66A | - | €827 | +€827 | |
| Gross operating margin | 9900 | €12,559 | €8,930 | -€3,629 | -28.9% |
| Operating profit (loss) | 9901 | €10,066 | €6,629 | -€3,437 | -34.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -59.1% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -59.1% |
| Financial charges | 65/66B | €551 | €923 | +€373 | +67.7% |
| Recurring financial charges | 65 | €551 | €923 | +€373 | +67.7% |
| Profit (loss) for the period before taxes | 9903 | €9,515 | €5,706 | -€3,809 | -40.0% |
| Income taxes | 67/77 | €2,822 | €2,307 | -€515 | -18.2% |
| Profit (loss) for the period | 9904 | €6,693 | €3,399 | -€3,295 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,693 | €3,399 | -€3,295 | -49.2% |
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 25 October 2026 via checked.be.