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ORPH: 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.

What changed

ORPH

BE 0433.226.843
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€2,695
2024 · -€2,970+€275
Equity
€395,563
2024 · €398,259-€2,695
Cash
€2
2024 · €18-€16
Balance sheet total
€443,338
2024 · €443,354-€16

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Other debts +€5,390

      up €5,390 (+13.2%), from €40,896 to €46,286

    Income statement
    • Financial charges +€564

      new in 2025: €564

    • Gross operating margin -€85

      down €85 (-6.3%), from -€1,333 to -€1,417

    • Other operating charges +€77

      up €77 (+19.9%), from €387 to €464

    From the 2024 result to the 2025 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 2024 -€2,970
    Gross operating margin -€85
    Other operating charges -€77
    Other operating items +€1,000
    Financial income +€0
    Financial charges -€564
    Result 2025 -€2,695
    raises the resultlowers the resultnot broken down further in the accounts

    Derived cash bridge

    cash 2024 to 2025

    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.

    From operations -€16
    Investment €0
    Financing €0
    Cash 2024 €18
    Net result for the year -€2,695
    Trade debts -€2,711
    Other debts +€5,390
    Cash 2025 €2
    brings cash intakes cash out
    Every line side by side 34 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €443,354 €443,338 -€16 0.0%
    Fixed assets 21/28 €126,122 €126,122 = 0.0%
    Financial fixed assets 28 €126,122 €126,122 = 0.0%
    Current assets 29/58 €317,232 €317,216 -€16 0.0%
    Current investments 50/53 €317,214 €317,214 = 0.0%
    Cash at bank and in hand 54/58 €18 €2 -€16 -88.5%
    Total equity and liabilities 10/49 €443,354 €443,338 -€16 0.0%
    Equity 10/15 €398,259 €395,563 -€2,695 -0.7%
    Contributions 10/11 €82,945 €82,945 = 0.0%
    Capital 10 €82,722 €82,722 = 0.0%
    Issued capital 100 €82,722 €82,722 = 0.0%
    Contributions outside capital 11 €223 €223 = 0.0%
    Share premium 1100/10 €223 €223 = 0.0%
    Reserves 13 €364,686 €364,686 = 0.0%
    Non-distributable reserves 130/1 €8,267 €8,267 = 0.0%
    Legal reserve 130 €8,267 €8,267 = 0.0%
    Distributable reserves 133 €356,418 €356,418 = 0.0%
    Profit (loss) carried forward 14 -€49,372 -€52,067 -€2,695 -5.5%
    Amounts payable 17/49 €45,096 €47,775 +€2,679 +5.9%
    Amounts payable within one year 42/48 €45,096 €47,775 +€2,679 +5.9%
    Trade debts 44 €4,200 €1,489 -€2,711 -64.6%
    Suppliers 440/4 €4,200 €1,489 -€2,711 -64.6%
    Other amounts payable 47/48 €40,896 €46,286 +€5,390 +13.2%
    Other operating charges 640/8 €387 €464 +€77 +19.9%
    Non-recurring operating charges 66A €1,250 €250 -€1,000 -80.0%
    Gross operating margin 9900 -€1,333 -€1,417 -€85 -6.3%
    Operating profit (loss) 9901 -€2,970 -€2,132 +€839 +28.2%
    Financial income 75/76B - €0 +€0
    Recurring financial income 75 - €0 +€0
    Financial charges 65/66B - €564 +€564
    Recurring financial charges 65 - €564 +€564
    Profit (loss) for the period before taxes 9903 -€2,970 -€2,695 +€275 +9.3%
    Profit (loss) for the period 9904 -€2,970 -€2,695 +€275 +9.3%
    Profit (loss) for the period to be appropriated 9905 -€2,970 -€2,695 +€275 +9.3%

    Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.