ORVI HORECA: 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.
ORVI HORECA
Largest movements
- Receivables within one year +€16,739
up €16,739 (+1,825%), from €917 to €17,656
of which Trade receivables: +€17,656
- Deferred charges and accrued income +€9,459
up €9,459 (+14,780%), from €64 to €9,523
- Tangible fixed assets -€3,061
down €3,061 (-5.8%), from €52,686 to €49,625
of which Plant, machinery and equipment: -€7,132
- Profit (loss) carried forward +€19,562
up €19,562 (+21.4%), from €91,573 to €111,135
- Accrued charges and deferred income +€4,250
up €4,250 (+136%), from €3,127 to €7,377
- Staff costs +€27,527
up €27,527 (+20.8%), from €132,256 to €159,783
- Gross operating margin +€21,009
up €21,009 (+11.9%), from €176,444 to €197,453
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
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 | €246,947 | €269,755 | +€22,808 | +9.2% |
| Fixed assets | 21/28 | €53,086 | €50,025 | -€3,061 | -5.8% |
| Tangible fixed assets | 22/27 | €52,686 | €49,625 | -€3,061 | -5.8% |
| Plant, machinery and equipment | 23 | €44,370 | €37,238 | -€7,132 | -16.1% |
| Furniture and vehicles | 24 | €8,316 | €12,387 | +€4,071 | +49.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €193,861 | €219,730 | +€25,869 | +13.3% |
| Stocks and contracts in progress | 3 | €47,726 | €45,304 | -€2,422 | -5.1% |
| Stocks | 30/36 | €47,726 | €45,304 | -€2,422 | -5.1% |
| Amounts receivable within one year | 40/41 | €917 | €17,656 | +€16,739 | +1,825% |
| Trade receivables | 40 | - | €17,656 | +€17,656 | |
| Other amounts receivable | 41 | €917 | - | -€917 | |
| Cash at bank and in hand | 54/58 | €145,154 | €147,247 | +€2,093 | +1.4% |
| Deferred charges and accrued income | 490/1 | €64 | €9,523 | +€9,459 | +14,780% |
| Total equity and liabilities | 10/49 | €246,947 | €269,755 | +€22,808 | +9.2% |
| Equity | 10/15 | €174,773 | €194,335 | +€19,562 | +11.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €21,200 | €21,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,573 | €111,135 | +€19,562 | +21.4% |
| Amounts payable | 17/49 | €72,174 | €75,420 | +€3,246 | +4.5% |
| Amounts payable within one year | 42/48 | €69,047 | €68,043 | -€1,004 | -1.5% |
| Trade debts | 44 | €23,706 | €21,826 | -€1,880 | -7.9% |
| Suppliers | 440/4 | €23,706 | €21,826 | -€1,880 | -7.9% |
| Taxes, remuneration and social security | 45 | €44,198 | €45,072 | +€874 | +2.0% |
| Taxes | 450/3 | €3,872 | €6,359 | +€2,487 | +64.2% |
| Remuneration and social security | 454/9 | €40,326 | €38,713 | -€1,613 | -4.0% |
| Other amounts payable | 47/48 | €1,143 | €1,145 | +€2 | +0.2% |
| Accrued charges and deferred income | 492/3 | €3,127 | €7,377 | +€4,250 | +136% |
| Remuneration, social security and pensions | 62 | €132,256 | €159,783 | +€27,527 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,640 | €12,675 | +€35 | +0.3% |
| Other operating charges | 640/8 | €2,161 | €1,621 | -€540 | -25.0% |
| Gross operating margin | 9900 | €176,444 | €197,453 | +€21,009 | +11.9% |
| Operating profit (loss) | 9901 | €29,387 | €23,374 | -€6,013 | -20.5% |
| Financial income | 75/76B | €180 | €951 | +€771 | +428% |
| Recurring financial income | 75 | €180 | €951 | +€771 | +428% |
| Financial charges | 65/66B | €3,588 | €4,763 | +€1,175 | +32.7% |
| Recurring financial charges | 65 | €3,588 | €4,763 | +€1,175 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €25,979 | €19,562 | -€6,417 | -24.7% |
| Profit (loss) for the period | 9904 | €25,979 | €19,562 | -€6,417 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,979 | €19,562 | -€6,417 | -24.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.