Orson: 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.
Orson
Largest movements
- Receivables after one year +€50,000
up €50,000 (+111.1%), from €45,000 to €95,000
- Cash +€20,708
up €20,708 (+284.3%), from €7,284 to €27,992
mainly Net result for the year (+€57,761) and Other debts (+€12,397)
- Tangible fixed assets -€7,213
down €7,213 (-21.5%), from €33,536 to €26,322
- Deferred charges and accrued income +€3,041
up €3,041 (+222.6%), from €1,366 to €4,407
- Reserves +€57,761
up €57,761 (+84.5%), from €68,349 to €126,111
- Other debts +€12,397
new in 2025: €12,397
- Tax, wage and social debts -€4,717
down €4,717 (-16.8%), from €28,136 to €23,419
- Trade debts +€2,041
up €2,041 (+73.0%), from €2,797 to €4,839
- Gross operating margin -€16,227
down €16,227 (-16.8%), from €96,459 to €80,232
- Taxes -€3,351
down €3,351 (-17.6%), from €18,988 to €15,637
- Financial income +€2,695
up €2,695 (+1163.1%), from €232 to €2,927
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 | €104,283 | €171,764 | +€67,482 | +64.7% |
| Fixed assets | 21/28 | €33,536 | €26,322 | -€7,213 | -21.5% |
| Tangible fixed assets | 22/27 | €33,536 | €26,322 | -€7,213 | -21.5% |
| Furniture and vehicles | 24 | €33,536 | €26,322 | -€7,213 | -21.5% |
| Current assets | 29/58 | €70,747 | €145,442 | +€74,695 | +105.6% |
| Amounts receivable after more than one year | 29 | €45,000 | €95,000 | +€50,000 | +111.1% |
| Other amounts receivable | 291 | €45,000 | €95,000 | +€50,000 | +111.1% |
| Amounts receivable within one year | 40/41 | €17,097 | €18,043 | +€946 | +5.5% |
| Trade receivables | 40 | €16,710 | €18,043 | +€1,333 | +8.0% |
| Other amounts receivable | 41 | €387 | €0 | -€387 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,284 | €27,992 | +€20,708 | +284.3% |
| Deferred charges and accrued income | 490/1 | €1,366 | €4,407 | +€3,041 | +222.6% |
| Total equity and liabilities | 10/49 | €104,283 | €171,764 | +€67,482 | +64.7% |
| Equity | 10/15 | €73,349 | €131,111 | +€57,761 | +78.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,349 | €126,111 | +€57,761 | +84.5% |
| Distributable reserves | 133 | €68,349 | €126,111 | +€57,761 | +84.5% |
| Amounts payable | 17/49 | €30,933 | €40,654 | +€9,721 | +31.4% |
| Amounts payable within one year | 42/48 | €30,933 | €40,654 | +€9,721 | +31.4% |
| Trade debts | 44 | €2,797 | €4,839 | +€2,041 | +73.0% |
| Suppliers | 440/4 | €2,797 | €4,839 | +€2,041 | +73.0% |
| Taxes, remuneration and social security | 45 | €28,136 | €23,419 | -€4,717 | -16.8% |
| Taxes | 450/3 | €28,136 | €23,419 | -€4,717 | -16.8% |
| Other amounts payable | 47/48 | - | €12,397 | +€12,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,554 | €8,698 | +€144 | +1.7% |
| Other operating charges | 640/8 | €798 | €1,017 | +€219 | +27.5% |
| Gross operating margin | 9900 | €96,459 | €80,232 | -€16,227 | -16.8% |
| Operating profit (loss) | 9901 | €87,106 | €70,516 | -€16,590 | -19.0% |
| Financial income | 75/76B | €232 | €2,927 | +€2,695 | +1163.1% |
| Recurring financial income | 75 | €232 | €2,927 | +€2,695 | +1163.1% |
| Financial charges | 65/66B | €0 | €45 | +€45 | +13965.6% |
| Recurring financial charges | 65 | €0 | €45 | +€45 | +13965.6% |
| Profit (loss) for the period before taxes | 9903 | €87,338 | €73,398 | -€13,940 | -16.0% |
| Income taxes | 67/77 | €18,988 | €15,637 | -€3,351 | -17.6% |
| Profit (loss) for the period | 9904 | €68,349 | €57,761 | -€10,588 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,349 | €57,761 | -€10,588 | -15.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.