ORSIMMO: 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.
ORSIMMO
Largest movements
- Receivables within one year +€20,341
up €20,341 (+26.2%), from €77,743 to €98,084
of which Other amounts receivable: +€20,341
- Cash +€15,725
up €15,725 (+3.6%), from €439,336 to €455,061
mainly Net result for the year (+€44,831) and Depreciation (+€12,500)
- Reserves +€44,831
up €44,831 (+14.7%), from €304,299 to €349,131
of which Distributable reserves: +€46,308
- Accrued charges and deferred income -€17,387
down €17,387 (-47.2%), from €36,800 to €19,413
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 | €1,491,347 | €1,514,912 | +€23,566 | +1.6% |
| Fixed assets | 21/28 | €709,268 | €696,768 | -€12,500 | -1.8% |
| Tangible fixed assets | 22/27 | €709,268 | €696,768 | -€12,500 | -1.8% |
| Land and buildings | 22 | €709,268 | €696,768 | -€12,500 | -1.8% |
| Current assets | 29/58 | €782,079 | €818,145 | +€36,066 | +4.6% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €77,743 | €98,084 | +€20,341 | +26.2% |
| Trade receivables | 40 | €40,616 | €40,616 | = | 0.0% |
| Other amounts receivable | 41 | €37,127 | €57,468 | +€20,341 | +54.8% |
| Cash at bank and in hand | 54/58 | €439,336 | €455,061 | +€15,725 | +3.6% |
| Deferred charges and accrued income | 490/1 | €15,000 | €15,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,491,347 | €1,514,912 | +€23,566 | +1.6% |
| Equity | 10/15 | €949,299 | €994,131 | +€44,831 | +4.7% |
| Contributions | 10/11 | €645,000 | €645,000 | = | 0.0% |
| Capital | 10 | €645,000 | €645,000 | = | 0.0% |
| Issued capital | 100 | €645,000 | €645,000 | = | 0.0% |
| Reserves | 13 | €304,299 | €349,131 | +€44,831 | +14.7% |
| Non-distributable reserves | 130/1 | €9,240 | €11,678 | +€2,437 | +26.4% |
| Legal reserve | 130 | €9,240 | €11,678 | +€2,437 | +26.4% |
| Tax-exempt reserves | 132 | €119,491 | €115,577 | -€3,914 | -3.3% |
| Distributable reserves | 133 | €175,568 | €221,876 | +€46,308 | +26.4% |
| Provisions and deferred taxes | 16 | €43,384 | €41,369 | -€2,016 | -4.6% |
| Deferred taxes | 168 | €43,384 | €41,369 | -€2,016 | -4.6% |
| Amounts payable | 17/49 | €498,663 | €479,413 | -€19,250 | -3.9% |
| Amounts payable after more than one year | 17 | €460,000 | €460,000 | = | 0.0% |
| Financial debts | 170/4 | €460,000 | €460,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,863 | - | -€1,863 | |
| Taxes, remuneration and social security | 45 | €1,863 | - | -€1,863 | |
| Taxes | 450/3 | €1,863 | - | -€1,863 | |
| Accrued charges and deferred income | 492/3 | €36,800 | €19,413 | -€17,387 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,500 | €12,500 | = | 0.0% |
| Other operating charges | 640/8 | €12,139 | €12,518 | +€380 | +3.1% |
| Gross operating margin | 9900 | €87,261 | €87,816 | +€555 | +0.6% |
| Operating profit (loss) | 9901 | €62,622 | €62,797 | +€175 | +0.3% |
| Financial income | 75/76B | €15,000 | €15,000 | = | 0.0% |
| Recurring financial income | 75 | €15,000 | €15,000 | = | 0.0% |
| Financial charges | 65/66B | €18,485 | €18,459 | -€26 | -0.1% |
| Recurring financial charges | 65 | €18,485 | €18,459 | -€26 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €59,137 | €59,338 | +€201 | +0.3% |
| Transfer from deferred taxes | 780 | €2,016 | €2,016 | = | 0.0% |
| Income taxes | 67/77 | €16,863 | €16,522 | -€341 | -2.0% |
| Profit (loss) for the period | 9904 | €44,290 | €44,831 | +€542 | +1.2% |
| Transfer from tax-exempt reserves | 789 | €3,914 | €3,914 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,204 | €48,746 | +€542 | +1.1% |
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 29 September 2026 via checked.be.