SK ORL: 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.
SK ORL
Largest movements
- Tangible fixed assets +€140,371
up €140,371 (+12,599%), from €1,114 to €141,485
of which Land and buildings: +€132,581
- Cash +€42,379
up €42,379 (+73.0%), from €58,018 to €100,398
mainly Debts after one year (+€116,743) and Other debts (+€35,928)
- Debts after one year +€116,743
new in 2025: €116,743
- Other debts +€35,928
up €35,928 (+117%), from €30,804 to €66,732
- Reserves +€24,419
up €24,419 (+135%), from €18,065 to €42,484
- Tax, wage and social debts -€5,269
down €5,269 (-32.9%), from €16,009 to €10,740
of which Taxes: -€5,109
- Current portion of long-term debt +€4,829
new in 2025: €4,829
- Gross operating margin +€77,539
up €77,539 (+288%), from €26,934 to €104,474
- Financial charges +€40,534
up €40,534 (+138,342%), from €29 to €40,564
- Other operating charges +€17,821
up €17,821 (+3,585%), from €497 to €18,319
- Depreciation +€8,226
up €8,226 (+7,164%), from €115 to €8,341
- Taxes +€3,345
up €3,345 (+45.2%), from €7,395 to €10,740
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 | €67,861 | €247,575 | +€179,714 | +265% |
| Fixed assets | 21/28 | €1,114 | €141,485 | +€140,371 | +12,599% |
| Tangible fixed assets | 22/27 | €1,114 | €141,485 | +€140,371 | +12,599% |
| Land and buildings | 22 | - | €132,581 | +€132,581 | |
| Furniture and vehicles | 24 | €1,114 | €8,904 | +€7,790 | +699% |
| Current assets | 29/58 | €66,746 | €106,090 | +€39,343 | +58.9% |
| Amounts receivable within one year | 40/41 | €6,554 | €4,152 | -€2,402 | -36.6% |
| Trade receivables | 40 | - | €695 | +€695 | |
| Other amounts receivable | 41 | €6,554 | €3,457 | -€3,096 | -47.2% |
| Cash at bank and in hand | 54/58 | €58,018 | €100,398 | +€42,379 | +73.0% |
| Deferred charges and accrued income | 490/1 | €2,174 | €1,540 | -€634 | -29.2% |
| Total equity and liabilities | 10/49 | €67,861 | €247,575 | +€179,714 | +265% |
| Equity | 10/15 | €20,565 | €44,984 | +€24,419 | +119% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,065 | €42,484 | +€24,419 | +135% |
| Distributable reserves | 133 | €18,065 | €42,484 | +€24,419 | +135% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,296 | €202,591 | +€155,295 | +328% |
| Amounts payable after more than one year | 17 | - | €116,743 | +€116,743 | |
| Financial debts | 170/4 | - | €116,743 | +€116,743 | |
| Amounts payable within one year | 42/48 | €47,271 | €85,680 | +€38,409 | +81.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,829 | +€4,829 | |
| Trade debts | 44 | €459 | €3,379 | +€2,920 | +637% |
| Suppliers | 440/4 | €459 | €3,379 | +€2,920 | +637% |
| Taxes, remuneration and social security | 45 | €16,009 | €10,740 | -€5,269 | -32.9% |
| Taxes | 450/3 | €15,849 | €10,740 | -€5,109 | -32.2% |
| Remuneration and social security | 454/9 | €160 | €0 | -€160 | -100% |
| Other amounts payable | 47/48 | €30,804 | €66,732 | +€35,928 | +117% |
| Accrued charges and deferred income | 492/3 | €24 | €167 | +€143 | +593% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115 | €8,341 | +€8,226 | +7,164% |
| Other operating charges | 640/8 | €497 | €18,319 | +€17,821 | +3,585% |
| Gross operating margin | 9900 | €26,934 | €104,474 | +€77,539 | +288% |
| Operating profit (loss) | 9901 | €26,322 | €77,814 | +€51,492 | +196% |
| Financial charges | 65/66B | €29 | €40,564 | +€40,534 | +138,342% |
| Recurring financial charges | 65 | €29 | €40,564 | +€40,534 | +138,342% |
| Profit (loss) for the period before taxes | 9903 | €26,293 | €37,251 | +€10,958 | +41.7% |
| Income taxes | 67/77 | €7,395 | €10,740 | +€3,345 | +45.2% |
| Profit (loss) for the period | 9904 | €18,898 | €26,511 | +€7,613 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,898 | €26,511 | +€7,613 | +40.3% |
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 20 October 2026 via checked.be.