AB PRO ORTHO: 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.
AB PRO ORTHO
Largest movements
- Receivables after one year +€105,181
up €105,181 (+57.5%), from €182,907 to €288,088
- Cash -€53,488
down €53,488 (-24.6%), from €217,775 to €164,287
mainly Contributions, distributions and other (-€400,000) and Receivables after one year (-€105,181)
- Tangible fixed assets -€53,353
down €53,353 (-25.4%), from €209,678 to €156,324
of which Plant, machinery and equipment: -€42,146
- Receivables within one year -€10,070
down €10,070 (-32.7%), from €30,774 to €20,704
- Profit (loss) carried forward -€83,655
down €83,655 (-13.5%), from €620,102 to €536,447
- Tax, wage and social debts +€53,821
up €53,821 (+170%), from €31,573 to €85,394
of which Taxes: +€50,191
- Other debts +€20,000
up €20,000 (+500%), from €4,000 to €24,000
- Gross operating margin +€184,503
up €184,503 (+48.9%), from €376,958 to €561,461
- Staff costs +€49,296
up €49,296 (+91.3%), from €54,013 to €103,309
- Taxes +€36,055
up €36,055 (+56.6%), from €63,750 to €99,805
- Financial income +€8,231
up €8,231 (+170%), from €4,856 to €13,087
- Other operating charges -€7,924
down €7,924 (-90.2%), from €8,781 to €857
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €693,592 | €680,360 | -€13,232 | -1.9% |
| Fixed assets | 21/28 | €219,958 | €166,604 | -€53,353 | -24.3% |
| Tangible fixed assets | 22/27 | €209,678 | €156,324 | -€53,353 | -25.4% |
| Plant, machinery and equipment | 23 | €173,671 | €131,525 | -€42,146 | -24.3% |
| Furniture and vehicles | 24 | €29,118 | €19,288 | -€9,830 | -33.8% |
| Other tangible fixed assets | 26 | €6,889 | €5,511 | -€1,378 | -20.0% |
| Financial fixed assets | 28 | €10,280 | €10,280 | = | 0.0% |
| Current assets | 29/58 | €473,634 | €513,756 | +€40,122 | +8.5% |
| Amounts receivable after more than one year | 29 | €182,907 | €288,088 | +€105,181 | +57.5% |
| Other amounts receivable | 291 | €182,907 | €288,088 | +€105,181 | +57.5% |
| Amounts receivable within one year | 40/41 | €30,774 | €20,704 | -€10,070 | -32.7% |
| Other amounts receivable | 41 | €30,774 | €20,704 | -€10,070 | -32.7% |
| Cash at bank and in hand | 54/58 | €217,775 | €164,287 | -€53,488 | -24.6% |
| Deferred charges and accrued income | 490/1 | €42,178 | €40,676 | -€1,501 | -3.6% |
| Total equity and liabilities | 10/49 | €693,592 | €680,360 | -€13,232 | -1.9% |
| Equity | 10/15 | €640,562 | €556,907 | -€83,655 | -13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €620,102 | €536,447 | -€83,655 | -13.5% |
| Amounts payable | 17/49 | €53,030 | €123,454 | +€70,424 | +133% |
| Amounts payable within one year | 42/48 | €50,270 | €120,243 | +€69,973 | +139% |
| Financial debts | 43 | €14 | - | -€14 | |
| Credit institutions | 430/8 | €14 | - | -€14 | |
| Trade debts | 44 | €14,682 | €10,849 | -€3,834 | -26.1% |
| Suppliers | 440/4 | €14,682 | €10,849 | -€3,834 | -26.1% |
| Taxes, remuneration and social security | 45 | €31,573 | €85,394 | +€53,821 | +170% |
| Taxes | 450/3 | €22,397 | €72,588 | +€50,191 | +224% |
| Remuneration and social security | 454/9 | €9,176 | €12,806 | +€3,630 | +39.6% |
| Other amounts payable | 47/48 | €4,000 | €24,000 | +€20,000 | +500% |
| Accrued charges and deferred income | 492/3 | €2,760 | €3,211 | +€451 | +16.3% |
| Remuneration, social security and pensions | 62 | €54,013 | €103,309 | +€49,296 | +91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,591 | €53,545 | -€4,046 | -7.0% |
| Other operating charges | 640/8 | €8,781 | €857 | -€7,924 | -90.2% |
| Non-recurring operating charges | 66A | €259 | - | -€259 | |
| Gross operating margin | 9900 | €376,958 | €561,461 | +€184,503 | +48.9% |
| Operating profit (loss) | 9901 | €256,314 | €403,750 | +€147,437 | +57.5% |
| Financial income | 75/76B | €4,856 | €13,087 | +€8,231 | +170% |
| Recurring financial income | 75 | €4,856 | €13,087 | +€8,231 | +170% |
| Financial charges | 65/66B | €126 | €688 | +€562 | +448% |
| Recurring financial charges | 65 | €126 | €688 | +€562 | +448% |
| Profit (loss) for the period before taxes | 9903 | €261,044 | €416,149 | +€155,106 | +59.4% |
| Income taxes | 67/77 | €63,750 | €99,805 | +€36,055 | +56.6% |
| Profit (loss) for the period | 9904 | €197,294 | €316,345 | +€119,051 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €197,294 | €316,345 | +€119,051 | +60.3% |
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 23 October 2026 via checked.be.