ORTS 32: 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.
ORTS 32
Largest movements
- Tangible fixed assets -€7,404
down €7,404 (-21.5%), from €34,390 to €26,986
of which Furniture and vehicles: -€5,129
- Deferred charges and accrued income +€5,472
up €5,472 (+63.7%), from €8,597 to €14,070
- Cash +€5,256
up €5,256 (+16.7%), from €31,431 to €36,688
mainly Net result for the year (+€37,792) and Depreciation (+€7,404)
- Stocks and contracts +€2,095
up €2,095 (+144%), from €1,457 to €3,552
- Profit (loss) carried forward +€37,950
up €37,950, from -€17,632 to €20,318
- Other debts -€15,947
down €15,947 (-58.7%), from €27,167 to €11,220
- Trade debts -€14,430
down €14,430 (-38.5%), from €37,449 to €23,020
- Tax, wage and social debts -€2,036
down €2,036 (-16.7%), from €12,170 to €10,135
of which Remuneration and social security: -€4,910
- Gross operating margin +€68,131
up €68,131 (+140%), from €48,741 to €116,872
- Staff costs +€34,875
up €34,875 (+129%), from €27,046 to €61,920
- Taxes -€33,916
no longer reported in 2022 (was €33,916)
- Financial income -€11,600
no longer reported in 2022 (was €11,600)
of which Financial income: -€11,600
- Other operating charges +€8,420
up €8,420 (+16,839%), from €50 to €8,470
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,754 | €83,292 | +€5,537 | +7.1% |
| Fixed assets | 21/28 | €34,630 | €27,226 | -€7,404 | -21.4% |
| Tangible fixed assets | 22/27 | €34,390 | €26,986 | -€7,404 | -21.5% |
| Plant, machinery and equipment | 23 | €4,750 | €3,515 | -€1,235 | -26.0% |
| Furniture and vehicles | 24 | €21,769 | €16,640 | -€5,129 | -23.6% |
| Other tangible fixed assets | 26 | €7,871 | €6,831 | -€1,040 | -13.2% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €43,124 | €56,066 | +€12,942 | +30.0% |
| Stocks and contracts in progress | 3 | €1,457 | €3,552 | +€2,095 | +144% |
| Stocks | 30/36 | €1,457 | €3,552 | +€2,095 | +144% |
| Amounts receivable within one year | 40/41 | €1,639 | €1,757 | +€118 | +7.2% |
| Other amounts receivable | 41 | €1,639 | €1,757 | +€118 | +7.2% |
| Cash at bank and in hand | 54/58 | €31,431 | €36,688 | +€5,256 | +16.7% |
| Deferred charges and accrued income | 490/1 | €8,597 | €14,070 | +€5,472 | +63.7% |
| Total equity and liabilities | 10/49 | €77,754 | €83,292 | +€5,537 | +7.1% |
| Equity | 10/15 | €968 | €38,918 | +€37,950 | +3,921% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€17,632 | €20,318 | +€37,950 | |
| Amounts payable | 17/49 | €76,786 | €44,374 | -€32,412 | -42.2% |
| Amounts payable within one year | 42/48 | €76,786 | €44,374 | -€32,412 | -42.2% |
| Trade debts | 44 | €37,449 | €23,020 | -€14,430 | -38.5% |
| Suppliers | 440/4 | €37,449 | €23,020 | -€14,430 | -38.5% |
| Taxes, remuneration and social security | 45 | €12,170 | €10,135 | -€2,036 | -16.7% |
| Taxes | 450/3 | €6,451 | €9,326 | +€2,875 | +44.6% |
| Remuneration and social security | 454/9 | €5,719 | €808 | -€4,910 | -85.9% |
| Other amounts payable | 47/48 | €27,167 | €11,220 | -€15,947 | -58.7% |
| Remuneration, social security and pensions | 62 | €27,046 | €61,920 | +€34,875 | +129% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,174 | €7,404 | -€769 | -9.4% |
| Other operating charges | 640/8 | €50 | €8,470 | +€8,420 | +16,839% |
| Gross operating margin | 9900 | €48,741 | €116,872 | +€68,131 | +140% |
| Operating profit (loss) | 9901 | €13,471 | €39,077 | +€25,606 | +190% |
| Financial income | 75/76B | €11,600 | - | -€11,600 | |
| Recurring financial income | 75 | €11,600 | - | -€11,600 | |
| Non-recurring financial income | 76B | €11,600 | - | -€11,600 | |
| Financial charges | 65/66B | €2 | €1,285 | +€1,283 | +70,519% |
| Recurring financial charges | 65 | €2 | €1,285 | +€1,283 | +70,519% |
| Profit (loss) for the period before taxes | 9903 | €25,070 | €37,792 | +€12,723 | +50.7% |
| Transfer from deferred taxes | 780 | €0 | - | -€0 | |
| Income taxes | 67/77 | €33,916 | - | -€33,916 | |
| Profit (loss) for the period | 9904 | -€8,847 | €37,792 | +€46,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,847 | €37,792 | +€46,639 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.