Orva Land: 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.
Orva Land
Largest movements
- Stocks and contracts -€214,044
down €214,044 (-21.8%), from €982,477 to €768,433
of which Contracts in progress: -€982,477
- Receivables within one year +€23,979
up €23,979, from €0 to €23,979
of which Other amounts receivable: +€23,025
- Short-term financial debts +€627,606
new in 2025: €627,606
- Debts after one year -€365,500
no longer reported in 2025 (was €365,500)
- Current portion of long-term debt -€319,386
no longer reported in 2025 (was €319,386)
- Other debts -€144,681
down €144,681 (-50.2%), from €288,388 to €143,707
- Profit (loss) carried forward +€10,942
up €10,942 (+93.6%), from -€11,696 to -€754
- Other operating charges -€27,959
no longer reported in 2025 (was €27,959)
- Gross operating margin +€20,363
up €20,363 (+81.4%), from €25,017 to €45,380
- Financial charges +€19,487
up €19,487 (+130%), from €14,951 to €34,438
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €982,477 | €792,411 | -€190,065 | -19.3% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €982,477 | €792,411 | -€190,065 | -19.3% |
| Stocks and contracts in progress | 3 | €982,477 | €768,433 | -€214,044 | -21.8% |
| Stocks | 30/36 | - | €768,433 | +€768,433 | |
| Contracts in progress | 37 | €982,477 | - | -€982,477 | |
| Amounts receivable within one year | 40/41 | €0 | €23,979 | +€23,979 | |
| Trade receivables | 40 | - | €954 | +€954 | |
| Other amounts receivable | 41 | €0 | €23,025 | +€23,025 | |
| Total equity and liabilities | 10/49 | €982,477 | €792,411 | -€190,065 | -19.3% |
| Equity | 10/15 | €6,904 | €17,846 | +€10,942 | +159% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,696 | -€754 | +€10,942 | +93.6% |
| Amounts payable | 17/49 | €975,573 | €774,565 | -€201,008 | -20.6% |
| Amounts payable after more than one year | 17 | €365,500 | - | -€365,500 | |
| Financial debts | 170/4 | €365,500 | - | -€365,500 | |
| Amounts payable within one year | 42/48 | €610,073 | €774,565 | +€164,492 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €319,386 | - | -€319,386 | |
| Financial debts | 43 | - | €627,606 | +€627,606 | |
| Credit institutions | 430/8 | - | €627,606 | +€627,606 | |
| Trade debts | 44 | €2,299 | €3,253 | +€954 | +41.5% |
| Suppliers | 440/4 | €2,299 | €3,253 | +€954 | +41.5% |
| Other amounts payable | 47/48 | €288,388 | €143,707 | -€144,681 | -50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221 | - | -€221 | |
| Other operating charges | 640/8 | €27,959 | - | -€27,959 | |
| Gross operating margin | 9900 | €25,017 | €45,380 | +€20,363 | +81.4% |
| Operating profit (loss) | 9901 | -€3,162 | €45,380 | +€48,542 | |
| Financial charges | 65/66B | €14,951 | €34,438 | +€19,487 | +130% |
| Recurring financial charges | 65 | €14,951 | €34,438 | +€19,487 | +130% |
| Profit (loss) for the period before taxes | 9903 | -€18,113 | €10,942 | +€29,055 | |
| Profit (loss) for the period | 9904 | -€18,113 | €10,942 | +€29,055 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,113 | €10,942 | +€29,055 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.