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ORYS: 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.

What changed

ORYS

BE 0768.920.186
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€67,700
2023 · -€31,057-€36,644
Equity
-€99,769
2023 · -€32,068-€67,700
Cash
€1,023
2023 · €2,825-€1,802
Balance sheet total
€934,478
2023 · €671,248+€263,230

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€932,317

    new in 2024: €932,317

  • Stocks and contracts -€666,257

    no longer reported in 2024 (was €666,257)

Equity and liabilities
  • Debts after one year +€303,644

    up €303,644 (+52.5%), from €577,895 to €881,539

    of which Other amounts payable: +€161,539

  • Other debts -€121,715

    down €121,715 (-99.9%), from €121,864 to €150

  • Tax, wage and social debts +€111,337

    new in 2024: €111,337

  • Profit (loss) carried forward -€67,700

    down €67,700 (-130.0%), from -€52,068 to -€119,769

  • Trade debts +€38,352

    up €38,352 (+4990.7%), from €768 to €39,121

Income statement
  • Gross operating margin +€21,741

    up €21,741, from -€2,910 to €18,831

  • Depreciation +€12,560

    new in 2024: €12,560

  • Financial charges +€4,226

    up €4,226 (+15.2%), from €27,762 to €31,988

  • Financial income +€268

    new in 2024: €268

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€31,057
Gross operating margin +€21,741
Depreciation -€12,560
Other operating charges -€3
Other operating items -€41,864
Financial income +€268
Financial charges -€4,226
Result 2024 -€67,700

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€639,431
Investment -€944,877
Financing +€303,644
Cash 2023 €2,825
Net result for the year -€67,700
Depreciation +€12,560
Stocks and contracts +€666,257
Smaller working-capital items +€340
Trade debts +€38,352
Tax, wage and social debts +€111,337
Other debts -€121,715
Investment in fixed assets (net) -€944,877
Debts after one year +€303,644
Cash 2024 €1,023
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €671,248 €934,478 +€263,230 +39.2%
Fixed assets 21/28 €951 €933,269 +€932,317 +97996.3%
Tangible fixed assets 22/27 - €932,317 +€932,317
Land and buildings 22 - €932,317 +€932,317
Financial fixed assets 28 €951 €951 = 0.0%
Current assets 29/58 €670,297 €1,210 -€669,087 -99.8%
Stocks and contracts in progress 3 €666,257 - -€666,257
Stocks 30/36 €666,257 - -€666,257
Amounts receivable within one year 40/41 €1,215 €187 -€1,029 -84.6%
Trade receivables 40 €1,188 €187 -€1,001 -84.3%
Other amounts receivable 41 €27 - -€27
Cash at bank and in hand 54/58 €2,825 €1,023 -€1,802 -63.8%
Total equity and liabilities 10/49 €671,248 €934,478 +€263,230 +39.2%
Equity 10/15 -€32,068 -€99,769 -€67,700 -211.1%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 -€52,068 -€119,769 -€67,700 -130.0%
Amounts payable 17/49 €703,316 €1,034,247 +€330,931 +47.1%
Amounts payable after more than one year 17 €577,895 €881,539 +€303,644 +52.5%
Financial debts 170/4 €577,895 €720,000 +€142,105 +24.6%
Other amounts payable 178/9 - €161,539 +€161,539
Amounts payable within one year 42/48 €122,633 €150,608 +€27,975 +22.8%
Trade debts 44 €768 €39,121 +€38,352 +4990.7%
Suppliers 440/4 €768 €39,121 +€38,352 +4990.7%
Taxes, remuneration and social security 45 - €111,337 +€111,337
Taxes 450/3 - €111,337 +€111,337
Other amounts payable 47/48 €121,864 €150 -€121,715 -99.9%
Accrued charges and deferred income 492/3 €2,789 €2,100 -€689 -24.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €12,560 +€12,560
Other operating charges 640/8 €384 €387 +€3 +0.8%
Non-recurring operating charges 66A - €41,864 +€41,864
Gross operating margin 9900 -€2,910 €18,831 +€21,741
Operating profit (loss) 9901 -€3,295 -€35,981 -€32,686 -992.0%
Financial income 75/76B - €268 +€268
Recurring financial income 75 - €268 +€268
Financial charges 65/66B €27,762 €31,988 +€4,226 +15.2%
Recurring financial charges 65 €27,762 €31,988 +€4,226 +15.2%
Profit (loss) for the period before taxes 9903 -€31,057 -€67,700 -€36,644 -118.0%
Profit (loss) for the period 9904 -€31,057 -€67,700 -€36,644 -118.0%
Profit (loss) for the period to be appropriated 9905 -€31,057 -€67,700 -€36,644 -118.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.