Orphic: what changed
Orphic
Largest movements
- Cash +€10,289
up €10,289 (+27.7%), from €37,126 to €47,414
mainly Net result for the year (+€25,903) and Other debts (+€2,729)
- Tangible fixed assets +€1,592
new in 2025: €1,592
- Deferred charges and accrued income +€1,281
up €1,281 (+224%), from €573 to €1,854
- Reserves +€13,003
up €13,003 (+46.8%), from €27,790 to €40,792
- Tax, wage and social debts -€3,930
down €3,930 (-24.3%), from €16,189 to €12,258
of which Remuneration and social security: -€2,700
- Other debts +€2,729
up €2,729 (+1,558%), from €175 to €2,904
- Trade debts +€1,361
up €1,361 (+250%), from €545 to €1,905
- Financial charges +€1,645
up €1,645 (+3,480%), from €47 to €1,693
- Gross operating margin -€454
down €454 (-1.3%), from €36,188 to €35,734
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,698 | €59,860 | +€13,162 | +28.2% |
| Fixed assets | 21/28 | - | €1,592 | +€1,592 | |
| Tangible fixed assets | 22/27 | - | €1,592 | +€1,592 | |
| Furniture and vehicles | 24 | - | €1,592 | +€1,592 | |
| Current assets | 29/58 | €46,698 | €58,268 | +€11,570 | +24.8% |
| Amounts receivable within one year | 40/41 | €9,000 | €9,000 | = | 0.0% |
| Trade receivables | 40 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,126 | €47,414 | +€10,289 | +27.7% |
| Deferred charges and accrued income | 490/1 | €573 | €1,854 | +€1,281 | +224% |
| Total equity and liabilities | 10/49 | €46,698 | €59,860 | +€13,162 | +28.2% |
| Equity | 10/15 | €29,790 | €42,792 | +€13,003 | +43.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €27,790 | €40,792 | +€13,003 | +46.8% |
| Distributable reserves | 133 | €27,790 | €40,792 | +€13,003 | +46.8% |
| Amounts payable | 17/49 | €16,909 | €17,068 | +€159 | +0.9% |
| Amounts payable within one year | 42/48 | €16,909 | €17,068 | +€159 | +0.9% |
| Trade debts | 44 | €545 | €1,905 | +€1,361 | +250% |
| Suppliers | 440/4 | €545 | €1,905 | +€1,361 | +250% |
| Taxes, remuneration and social security | 45 | €16,189 | €12,258 | -€3,930 | -24.3% |
| Taxes | 450/3 | €13,489 | €12,258 | -€1,230 | -9.1% |
| Remuneration and social security | 454/9 | €2,700 | - | -€2,700 | |
| Other amounts payable | 47/48 | €175 | €2,904 | +€2,729 | +1,558% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650 | €663 | +€13 | +2.0% |
| Other operating charges | 640/8 | €387 | €167 | -€220 | -56.9% |
| Gross operating margin | 9900 | €36,188 | €35,734 | -€454 | -1.3% |
| Operating profit (loss) | 9901 | €35,151 | €34,904 | -€247 | -0.7% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €47 | €1,693 | +€1,645 | +3,480% |
| Recurring financial charges | 65 | €47 | €1,693 | +€1,645 | +3,480% |
| Profit (loss) for the period before taxes | 9903 | €35,103 | €33,215 | -€1,888 | -5.4% |
| Income taxes | 67/77 | €7,314 | €7,312 | -€1 | 0.0% |
| Profit (loss) for the period | 9904 | €27,790 | €25,903 | -€1,887 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,790 | €25,903 | -€1,887 | -6.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.