ORT: 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.
ORT
Largest movements
- Receivables within one year +€20,680
up €20,680 (+107.0%), from €19,335 to €40,015
of which Other amounts receivable: +€20,680
- Tangible fixed assets -€2,686
down €2,686 (-33.3%), from €8,058 to €5,372
- Cash +€1,540
up €1,540 (+17.8%), from €8,640 to €10,180
mainly Net result for the year (+€15,944) and Tax, wage and social debts (+€6,229)
- Stocks and contracts +€1,000
up €1,000 (+24.7%), from €4,042 to €5,042
- Profit (loss) carried forward +€15,944
up €15,944 (+45.2%), from €35,304 to €51,248
- Tax, wage and social debts +€6,229
up €6,229 (+265.7%), from €2,345 to €8,574
of which Taxes: +€5,657
- Trade debts -€1,639
down €1,639 (-44.2%), from €3,706 to €2,067
- Gross operating margin +€14,870
up €14,870 (+33.8%), from €44,005 to €58,875
- Other operating charges +€2,846
up €2,846 (+412.9%), from €689 to €3,535
- Staff costs -€2,574
down €2,574 (-6.6%), from €39,234 to €36,660
- Financial charges -€824
down €824 (-94.3%), from €874 to €50
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 | €41,355 | €61,889 | +€20,534 | +49.7% |
| Fixed assets | 21/28 | €9,338 | €6,652 | -€2,686 | -28.8% |
| Tangible fixed assets | 22/27 | €8,058 | €5,372 | -€2,686 | -33.3% |
| Furniture and vehicles | 24 | €8,058 | €5,372 | -€2,686 | -33.3% |
| Financial fixed assets | 28 | €1,280 | €1,280 | = | 0.0% |
| Current assets | 29/58 | €32,017 | €55,237 | +€23,220 | +72.5% |
| Stocks and contracts in progress | 3 | €4,042 | €5,042 | +€1,000 | +24.7% |
| Stocks | 30/36 | €4,042 | €5,042 | +€1,000 | +24.7% |
| Amounts receivable within one year | 40/41 | €19,335 | €40,015 | +€20,680 | +107.0% |
| Trade receivables | 40 | €4,698 | €4,698 | = | 0.0% |
| Other amounts receivable | 41 | €14,637 | €35,317 | +€20,680 | +141.3% |
| Cash at bank and in hand | 54/58 | €8,640 | €10,180 | +€1,540 | +17.8% |
| Total equity and liabilities | 10/49 | €41,355 | €61,889 | +€20,534 | +49.7% |
| Equity | 10/15 | €35,305 | €51,249 | +€15,944 | +45.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,304 | €51,248 | +€15,944 | +45.2% |
| Amounts payable | 17/49 | €6,050 | €10,640 | +€4,590 | +75.9% |
| Amounts payable within one year | 42/48 | €6,050 | €10,640 | +€4,590 | +75.9% |
| Trade debts | 44 | €3,706 | €2,067 | -€1,639 | -44.2% |
| Suppliers | 440/4 | €3,706 | €2,067 | -€1,639 | -44.2% |
| Taxes, remuneration and social security | 45 | €2,345 | €8,574 | +€6,229 | +265.7% |
| Taxes | 450/3 | €1,580 | €7,237 | +€5,657 | +358.0% |
| Remuneration and social security | 454/9 | €764 | €1,336 | +€572 | +74.9% |
| Remuneration, social security and pensions | 62 | €39,234 | €36,660 | -€2,574 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,686 | €2,686 | = | 0.0% |
| Other operating charges | 640/8 | €689 | €3,535 | +€2,846 | +412.9% |
| Gross operating margin | 9900 | €44,005 | €58,875 | +€14,870 | +33.8% |
| Operating profit (loss) | 9901 | €1,396 | €15,994 | +€14,598 | +1045.4% |
| Financial charges | 65/66B | €874 | €50 | -€824 | -94.3% |
| Recurring financial charges | 65 | €874 | €50 | -€824 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €523 | €15,944 | +€15,421 | +2951.3% |
| Profit (loss) for the period | 9904 | €523 | €15,944 | +€15,421 | +2951.3% |
| Profit (loss) for the period to be appropriated | 9905 | €523 | €15,944 | +€15,421 | +2951.3% |
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 8 October 2026 via checked.be.