MB 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.
MB Ortho
Largest movements
- Receivables within one year +€45,559
up €45,559 (+995%), from €4,580 to €50,138
- Cash +€36,165
up €36,165 (+48.4%), from €74,675 to €110,840
mainly Net result for the year (+€87,700) and Current investments (+€14,000)
- Tangible fixed assets +€23,087
up €23,087 (+1,433%), from €1,612 to €24,698
of which Furniture and vehicles: +€23,958
- Current investments -€14,000
down €14,000 (-63.6%), from €22,000 to €8,000
- Deferred charges and accrued income +€3,818
up €3,818, from €0 to €3,818
- Reserves +€87,700
up €87,700 (+114%), from €77,257 to €164,957
- Tax, wage and social debts +€6,866
up €6,866 (+31.8%), from €21,557 to €28,422
of which Taxes: +€8,666
- Gross operating margin +€33,779
up €33,779 (+36.0%), from €93,926 to €127,705
- Depreciation +€9,555
up €9,555 (+1,097%), from €871 to €10,426
- Taxes +€7,150
up €7,150 (+36.2%), from €19,757 to €26,906
- Other operating charges +€1,415
up €1,415, from €0 to €1,415
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,671 | €202,299 | +€94,628 | +87.9% |
| Fixed assets | 21/28 | €6,416 | €29,503 | +€23,087 | +360% |
| Tangible fixed assets | 22/27 | €1,612 | €24,698 | +€23,087 | +1,433% |
| Plant, machinery and equipment | 23 | €1,612 | €740 | -€871 | -54.1% |
| Furniture and vehicles | 24 | - | €23,958 | +€23,958 | |
| Financial fixed assets | 28 | €4,805 | €4,805 | = | 0.0% |
| Current assets | 29/58 | €101,255 | €172,796 | +€71,541 | +70.7% |
| Amounts receivable within one year | 40/41 | €4,580 | €50,138 | +€45,559 | +995% |
| Other amounts receivable | 41 | €4,580 | €50,138 | +€45,559 | +995% |
| Current investments | 50/53 | €22,000 | €8,000 | -€14,000 | -63.6% |
| Cash at bank and in hand | 54/58 | €74,675 | €110,840 | +€36,165 | +48.4% |
| Deferred charges and accrued income | 490/1 | €0 | €3,818 | +€3,818 | |
| Total equity and liabilities | 10/49 | €107,671 | €202,299 | +€94,628 | +87.9% |
| Equity | 10/15 | €79,257 | €166,957 | +€87,700 | +111% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €77,257 | €164,957 | +€87,700 | +114% |
| Distributable reserves | 133 | €77,257 | €164,957 | +€87,700 | +114% |
| Amounts payable | 17/49 | €28,414 | €35,342 | +€6,928 | +24.4% |
| Amounts payable within one year | 42/48 | €28,414 | €35,342 | +€6,928 | +24.4% |
| Trade debts | 44 | €6,858 | €6,920 | +€62 | +0.9% |
| Suppliers | 440/4 | €6,858 | €6,920 | +€62 | +0.9% |
| Taxes, remuneration and social security | 45 | €21,557 | €28,422 | +€6,866 | +31.8% |
| Taxes | 450/3 | €19,757 | €28,422 | +€8,666 | +43.9% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €871 | €10,426 | +€9,555 | +1,097% |
| Other operating charges | 640/8 | €0 | €1,415 | +€1,415 | |
| Gross operating margin | 9900 | €93,926 | €127,705 | +€33,779 | +36.0% |
| Operating profit (loss) | 9901 | €93,055 | €115,864 | +€22,809 | +24.5% |
| Financial income | 75/76B | - | €620 | +€620 | |
| Recurring financial income | 75 | - | €620 | +€620 | |
| Financial charges | 65/66B | €2,431 | €1,877 | -€554 | -22.8% |
| Recurring financial charges | 65 | €2,431 | €1,877 | -€554 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €90,624 | €114,606 | +€23,983 | +26.5% |
| Income taxes | 67/77 | €19,757 | €26,906 | +€7,150 | +36.2% |
| Profit (loss) for the period | 9904 | €70,867 | €87,700 | +€16,833 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,867 | €87,700 | +€16,833 | +23.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.