D2S 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.
D2S ORTHO
Largest movements
- Tangible fixed assets -€31,543
down €31,543 (-8.6%), from €366,999 to €335,457
of which Other tangible fixed assets: -€25,871
- Cash -€18,219
down €18,219 (-62.5%), from €29,167 to €10,947
mainly Debts after one year (-€40,215) and Net result for the year (-€24,820)
- Receivables within one year +€13,967
new in 2024: €13,967
- Debts after one year -€40,215
down €40,215 (-12.6%), from €318,819 to €278,604
- Trade debts +€31,710
up €31,710 (+58.5%), from €54,170 to €85,879
- Profit (loss) carried forward -€24,820
down €24,820 (-9.6%), from -€258,389 to -€283,208
- Accrued charges and deferred income -€8,250
down €8,250 (-47.8%), from €17,250 to €9,000
- Current portion of long-term debt +€4,130
up €4,130 (+10.5%), from €39,399 to €43,529
- Gross operating margin +€195,931
up €195,931, from -€90,663 to €105,268
- Depreciation -€34,415
down €34,415 (-52.2%), from €65,958 to €31,543
- Staff costs -€7,934
down €7,934 (-8.6%), from €92,039 to €84,105
- Other operating charges +€2,571
up €2,571 (+291%), from €883 to €3,454
- Financial charges +€2,133
up €2,133 (+24.1%), from €8,852 to €10,986
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,765 | €362,696 | -€36,070 | -9.0% |
| Fixed assets | 21/28 | €366,999 | €335,457 | -€31,543 | -8.6% |
| Tangible fixed assets | 22/27 | €366,999 | €335,457 | -€31,543 | -8.6% |
| Plant, machinery and equipment | 23 | €9,232 | €3,872 | -€5,360 | -58.1% |
| Furniture and vehicles | 24 | €1,162 | €850 | -€312 | -26.9% |
| Other tangible fixed assets | 26 | €356,606 | €330,735 | -€25,871 | -7.3% |
| Current assets | 29/58 | €31,766 | €27,239 | -€4,527 | -14.3% |
| Amounts receivable within one year | 40/41 | - | €13,967 | +€13,967 | |
| Trade receivables | 40 | - | €13,967 | +€13,967 | |
| Cash at bank and in hand | 54/58 | €29,167 | €10,947 | -€18,219 | -62.5% |
| Deferred charges and accrued income | 490/1 | €2,599 | €2,325 | -€275 | -10.6% |
| Total equity and liabilities | 10/49 | €398,765 | €362,696 | -€36,070 | -9.0% |
| Equity | 10/15 | -€252,389 | -€277,208 | -€24,820 | -9.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€258,389 | -€283,208 | -€24,820 | -9.6% |
| Amounts payable | 17/49 | €651,154 | €639,904 | -€11,250 | -1.7% |
| Amounts payable after more than one year | 17 | €318,819 | €278,604 | -€40,215 | -12.6% |
| Financial debts | 170/4 | €318,819 | €278,604 | -€40,215 | -12.6% |
| Amounts payable within one year | 42/48 | €315,085 | €352,300 | +€37,215 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €39,399 | €43,529 | +€4,130 | +10.5% |
| Financial debts | 43 | €1,388 | €2,132 | +€745 | +53.7% |
| Credit institutions | 430/8 | €1,388 | €2,132 | +€745 | +53.7% |
| Trade debts | 44 | €54,170 | €85,879 | +€31,710 | +58.5% |
| Suppliers | 440/4 | €54,170 | €85,879 | +€31,710 | +58.5% |
| Taxes, remuneration and social security | 45 | €16,128 | €16,759 | +€631 | +3.9% |
| Remuneration and social security | 454/9 | €16,128 | €16,759 | +€631 | +3.9% |
| Other amounts payable | 47/48 | €204,000 | €204,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €17,250 | €9,000 | -€8,250 | -47.8% |
| Remuneration, social security and pensions | 62 | €92,039 | €84,105 | -€7,934 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,958 | €31,543 | -€34,415 | -52.2% |
| Other operating charges | 640/8 | €883 | €3,454 | +€2,571 | +291% |
| Gross operating margin | 9900 | -€90,663 | €105,268 | +€195,931 | |
| Operating profit (loss) | 9901 | -€249,544 | -€13,834 | +€235,709 | +94.5% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €8,852 | €10,986 | +€2,133 | +24.1% |
| Recurring financial charges | 65 | €8,852 | €10,986 | +€2,133 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | -€258,389 | -€24,820 | +€233,569 | +90.4% |
| Profit (loss) for the period | 9904 | -€258,389 | -€24,820 | +€233,569 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€258,389 | -€24,820 | +€233,569 | +90.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.