DIRAME 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.
DIRAME ORTHO
Largest movements
- Receivables within one year -€154,351
down €154,351 (-22.9%), from €672,892 to €518,541
of which Other amounts receivable: -€202,034
- Receivables after one year +€59,885
new in 2025: €59,885
- Cash +€28,846
up €28,846 (+18.3%), from €157,379 to €186,224
mainly Receivables within one year (+€154,351) and Net result for the year (+€36,735)
- Current investments -€27,299
down €27,299 (-71.1%), from €38,373 to €11,075
- Tangible fixed assets +€21,671
up €21,671 (+72.5%), from €29,900 to €51,572
- Other debts -€88,303
down €88,303 (-21.7%), from €406,559 to €318,256
- Short-term financial debts -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Profit (loss) carried forward +€36,735
up €36,735, from €0 to €36,735
- Trade debts +€23,532
up €23,532 (+8.9%), from €264,990 to €288,521
- Debts after one year +€20,433
up €20,433, from €0 to €20,433
- Financial income -€145,475
down €145,475 (-89.5%), from €162,481 to €17,006
of which Financial income: -€150,434
- Staff costs +€39,500
up €39,500 (+18.4%), from €214,342 to €253,842
- Taxes -€19,456
down €19,456 (-50.9%), from €38,227 to €18,771
- Financial charges -€15,635
down €15,635 (-41.0%), from €38,093 to €22,458
- Gross operating margin -€13,640
down €13,640 (-3.9%), from €349,080 to €335,440
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 | €1,321,825 | €1,258,580 | -€63,245 | -4.8% |
| Fixed assets | 21/28 | €145,070 | €166,741 | +€21,671 | +14.9% |
| Tangible fixed assets | 22/27 | €29,900 | €51,572 | +€21,671 | +72.5% |
| Furniture and vehicles | 24 | €29,900 | €51,572 | +€21,671 | +72.5% |
| Financial fixed assets | 28 | €115,170 | €115,170 | = | 0.0% |
| Current assets | 29/58 | €1,176,756 | €1,091,839 | -€84,917 | -7.2% |
| Amounts receivable after more than one year | 29 | - | €59,885 | +€59,885 | |
| Other amounts receivable | 291 | - | €59,885 | +€59,885 | |
| Stocks and contracts in progress | 3 | €302,813 | €306,465 | +€3,652 | +1.2% |
| Stocks | 30/36 | €302,813 | €306,465 | +€3,652 | +1.2% |
| Amounts receivable within one year | 40/41 | €672,892 | €518,541 | -€154,351 | -22.9% |
| Trade receivables | 40 | €379,616 | €427,300 | +€47,683 | +12.6% |
| Other amounts receivable | 41 | €293,276 | €91,242 | -€202,034 | -68.9% |
| Current investments | 50/53 | €38,373 | €11,075 | -€27,299 | -71.1% |
| Cash at bank and in hand | 54/58 | €157,379 | €186,224 | +€28,846 | +18.3% |
| Deferred charges and accrued income | 490/1 | €5,298 | €9,649 | +€4,351 | +82.1% |
| Total equity and liabilities | 10/49 | €1,321,825 | €1,258,580 | -€63,245 | -4.8% |
| Equity | 10/15 | €307,411 | €344,146 | +€36,735 | +11.9% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €158,675 | €158,675 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €143,801 | €143,801 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €36,735 | +€36,735 | |
| Amounts payable | 17/49 | €1,014,414 | €914,434 | -€99,980 | -9.9% |
| Amounts payable after more than one year | 17 | €0 | €20,433 | +€20,433 | |
| Financial debts | 170/4 | €0 | €20,433 | +€20,433 | |
| Amounts payable within one year | 42/48 | €1,012,351 | €893,253 | -€119,099 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €10,590 | €11,049 | +€459 | +4.3% |
| Financial debts | 43 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Credit institutions | 430/8 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Trade debts | 44 | €264,990 | €288,521 | +€23,532 | +8.9% |
| Suppliers | 440/4 | €264,990 | €288,521 | +€23,532 | +8.9% |
| Advances received on contracts in progress | 46 | €652 | €652 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €79,561 | €74,775 | -€4,786 | -6.0% |
| Taxes | 450/3 | €40,497 | €29,575 | -€10,922 | -27.0% |
| Remuneration and social security | 454/9 | €39,064 | €45,200 | +€6,136 | +15.7% |
| Other amounts payable | 47/48 | €406,559 | €318,256 | -€88,303 | -21.7% |
| Accrued charges and deferred income | 492/3 | €2,063 | €749 | -€1,314 | -63.7% |
| Non-recurring operating income | 76A | €59 | €339 | +€279 | +470% |
| Remuneration, social security and pensions | 62 | €214,342 | €253,842 | +€39,500 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,066 | €16,583 | +€3,517 | +26.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,256 | €196 | +€2,452 | |
| Other operating charges | 640/8 | €10,001 | €3,778 | -€6,223 | -62.2% |
| Non-recurring operating charges | 66A | - | €84 | +€84 | |
| Gross operating margin | 9900 | €349,080 | €335,440 | -€13,640 | -3.9% |
| Operating profit (loss) | 9901 | €113,928 | €60,957 | -€52,970 | -46.5% |
| Financial income | 75/76B | €162,481 | €17,006 | -€145,475 | -89.5% |
| Recurring financial income | 75 | €162,481 | €12,047 | -€150,434 | -92.6% |
| Non-recurring financial income | 76B | - | €4,959 | +€4,959 | |
| Financial charges | 65/66B | €38,093 | €22,458 | -€15,635 | -41.0% |
| Recurring financial charges | 65 | €38,093 | €22,458 | -€15,635 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €238,316 | €55,506 | -€182,811 | -76.7% |
| Income taxes | 67/77 | €38,227 | €18,771 | -€19,456 | -50.9% |
| Profit (loss) for the period | 9904 | €200,090 | €36,735 | -€163,355 | -81.6% |
| Profit (loss) for the period to be appropriated | 9905 | €200,090 | €36,735 | -€163,355 | -81.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.