Orvy: 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.
Orvy
Largest movements
- Receivables within one year +€26,122
up €26,122 (+52.6%), from €49,684 to €75,806
of which Other amounts receivable: +€16,077
- Cash -€21,868
no longer reported in 2025 (was €21,868)
mainly Receivables within one year (-€26,122) and Investment in fixed assets (net) (-€22,773)
- Tangible fixed assets +€20,319
up €20,319 (+513.1%), from €3,960 to €24,279
of which Furniture and vehicles: +€20,678
- Profit (loss) carried forward +€18,146
up €18,146 (+126.9%), from €14,298 to €32,444
- Current portion of long-term debt +€5,096
up €5,096 (+51.6%), from €9,869 to €14,965
- Other debts -€4,000
no longer reported in 2025 (was €4,000)
- Short-term financial debts +€3,956
new in 2025: €3,956
- Trade debts -€3,862
down €3,862 (-26.7%), from €14,456 to €10,593
- Gross operating margin +€22,730
up €22,730 (+426.8%), from €5,326 to €28,056
- Taxes +€4,315
up €4,315 (+290.1%), from €1,488 to €5,803
- Financial income +€1,808
up €1,808 (+142.9%), from €1,265 to €3,072
- Depreciation +€1,796
up €1,796 (+160.4%), from €1,120 to €2,916
- Financial charges +€1,221
up €1,221 (+126.1%), from €968 to €2,189
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 | €77,906 | €102,869 | +€24,963 | +32.0% |
| Formation expenses | 20 | €1,793 | €1,332 | -€461 | -25.7% |
| Fixed assets | 21/28 | €3,960 | €24,279 | +€20,319 | +513.1% |
| Tangible fixed assets | 22/27 | €3,960 | €24,279 | +€20,319 | +513.1% |
| Plant, machinery and equipment | 23 | €359 | - | -€359 | |
| Furniture and vehicles | 24 | €3,601 | €24,279 | +€20,678 | +574.1% |
| Current assets | 29/58 | €72,153 | €77,258 | +€5,105 | +7.1% |
| Amounts receivable within one year | 40/41 | €49,684 | €75,806 | +€26,122 | +52.6% |
| Trade receivables | 40 | €7,834 | €17,879 | +€10,045 | +128.2% |
| Other amounts receivable | 41 | €41,850 | €57,927 | +€16,077 | +38.4% |
| Cash at bank and in hand | 54/58 | €21,868 | - | -€21,868 | |
| Deferred charges and accrued income | 490/1 | €601 | €1,452 | +€851 | +141.8% |
| Total equity and liabilities | 10/49 | €77,906 | €102,869 | +€24,963 | +32.0% |
| Equity | 10/15 | €18,284 | €36,430 | +€18,146 | +99.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,986 | €1,986 | = | 0.0% |
| Distributable reserves | 133 | €1,986 | €1,986 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,298 | €32,444 | +€18,146 | +126.9% |
| Amounts payable | 17/49 | €59,622 | €66,438 | +€6,817 | +11.4% |
| Amounts payable after more than one year | 17 | €26,293 | €29,708 | +€3,415 | +13.0% |
| Financial debts | 170/4 | €26,293 | €29,708 | +€3,415 | +13.0% |
| Amounts payable within one year | 42/48 | €32,933 | €36,302 | +€3,369 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €9,869 | €14,965 | +€5,096 | +51.6% |
| Financial debts | 43 | - | €3,956 | +€3,956 | |
| Credit institutions | 430/8 | - | €3,956 | +€3,956 | |
| Trade debts | 44 | €14,456 | €10,593 | -€3,862 | -26.7% |
| Suppliers | 440/4 | €14,456 | €10,593 | -€3,862 | -26.7% |
| Advances received on contracts in progress | 46 | €200 | - | -€200 | |
| Taxes, remuneration and social security | 45 | €4,408 | €6,788 | +€2,380 | +54.0% |
| Taxes | 450/3 | €3,258 | €6,788 | +€3,530 | +108.4% |
| Remuneration and social security | 454/9 | €1,150 | - | -€1,150 | |
| Other amounts payable | 47/48 | €4,000 | - | -€4,000 | |
| Accrued charges and deferred income | 492/3 | €396 | €428 | +€32 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,120 | €2,916 | +€1,796 | +160.4% |
| Other operating charges | 640/8 | €1,029 | €2,074 | +€1,045 | +101.6% |
| Gross operating margin | 9900 | €5,326 | €28,056 | +€22,730 | +426.8% |
| Operating profit (loss) | 9901 | €3,177 | €23,066 | +€19,889 | +626.0% |
| Financial income | 75/76B | €1,265 | €3,072 | +€1,808 | +142.9% |
| Recurring financial income | 75 | €1,265 | €3,072 | +€1,808 | +142.9% |
| Financial charges | 65/66B | €968 | €2,189 | +€1,221 | +126.1% |
| Recurring financial charges | 65 | €968 | €2,189 | +€1,221 | +126.1% |
| Profit (loss) for the period before taxes | 9903 | €3,473 | €23,949 | +€20,475 | +589.5% |
| Income taxes | 67/77 | €1,488 | €5,803 | +€4,315 | +290.1% |
| Profit (loss) for the period | 9904 | €1,986 | €18,146 | +€16,160 | +813.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,986 | €18,146 | +€16,160 | +813.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.