ORION SURGICAL TECHNOLOGIES: what changed
What changed
ORION SURGICAL TECHNOLOGIES
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€9,685
2024 · €21,497-€11,813
Equity
€166,953
2024 · €243,856-€76,902
Cash
€63,807
2024 · €41,977+€21,831
Balance sheet total
€301,311
2024 · €334,628-€33,318
Largest movements
Assets
- Tangible fixed assets -€51,687
down €51,687 (-18.9%), from €273,897 to €222,210
of which Land and buildings: -€35,644
- Cash +€21,831
up €21,831 (+52.0%), from €41,977 to €63,807
mainly Other debts (+€67,146) and Depreciation (+€53,286)
- Deferred charges and accrued income -€6,308
down €6,308 (-34.5%), from €18,276 to €11,967
Equity and liabilities
- Reserves -€76,750
down €76,750 (-33.2%), from €231,250 to €154,500
- Other debts +€67,146
up €67,146 (+145%), from €46,413 to €113,559
- Trade debts -€14,722
down €14,722 (-76.8%), from €19,167 to €4,444
- Debts after one year -€10,225
no longer reported in 2025 (was €10,225)
- Short-term financial debts +€3,438
up €3,438 (+257%), from €1,339 to €4,777
Income statement
- Gross operating margin -€12,699
down €12,699 (-14.1%), from €90,240 to €77,541
- Taxes -€4,623
down €4,623 (-44.5%), from €10,382 to €5,759
- Depreciation +€4,606
up €4,606 (+9.5%), from €48,680 to €53,286
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.
Result 2024
€21,497
Gross operating margin
-€12,699
Depreciation
-€4,606
Other operating charges
+€782
Financial income
-€46
Financial charges
+€134
Taxes
+€4,623
Result 2025
€9,685
raises the resultlowers the result
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.
From operations
+€118,725
Investment
-€1,599
Financing
-€95,295
Cash 2024
€41,977
From operations (derived)
+€118,725
Net result for the year
+€9,685
Depreciation
+€53,286
Receivables within one year
-€2,847
Deferred charges and accrued income
+€6,308
Trade debts
-€14,722
Other debts
+€67,146
Accrued charges and deferred income
-€131
Investment (derived)
-€1,599
Investment in fixed assets (net)
-€1,599
Financing
-€95,295
Debts after one year
-€10,225
Current portion of long-term debt
-€1,920
Short-term financial debts
+€3,438
Contributions, distributions and other
-€86,587
Cash 2025
€63,807
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €334,628 | €301,311 | -€33,318 | -10.0% |
| Fixed assets | 21/28 | €273,922 | €222,235 | -€51,687 | -18.9% |
| Tangible fixed assets | 22/27 | €273,897 | €222,210 | -€51,687 | -18.9% |
| Land and buildings | 22 | €241,417 | €205,773 | -€35,644 | -14.8% |
| Plant, machinery and equipment | 23 | €6,959 | €2,883 | -€4,076 | -58.6% |
| Furniture and vehicles | 24 | €25,520 | €13,554 | -€11,967 | -46.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €60,706 | €79,076 | +€18,369 | +30.3% |
| Amounts receivable within one year | 40/41 | €454 | €3,301 | +€2,847 | +627% |
| Trade receivables | 40 | €454 | - | -€454 | |
| Other amounts receivable | 41 | - | €3,301 | +€3,301 | |
| Cash at bank and in hand | 54/58 | €41,977 | €63,807 | +€21,831 | +52.0% |
| Deferred charges and accrued income | 490/1 | €18,276 | €11,967 | -€6,308 | -34.5% |
| Total equity and liabilities | 10/49 | €334,628 | €301,311 | -€33,318 | -10.0% |
| Equity | 10/15 | €243,856 | €166,953 | -€76,902 | -31.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €231,250 | €154,500 | -€76,750 | -33.2% |
| Distributable reserves | 133 | €231,250 | €154,500 | -€76,750 | -33.2% |
| Profit (loss) carried forward | 14 | €206 | €53 | -€152 | -74.0% |
| Amounts payable | 17/49 | €90,772 | €134,357 | +€43,585 | +48.0% |
| Amounts payable after more than one year | 17 | €10,225 | - | -€10,225 | |
| Financial debts | 170/4 | €10,225 | - | -€10,225 | |
| Amounts payable within one year | 42/48 | €80,373 | €134,314 | +€53,941 | +67.1% |
| Current portion of amounts payable after more than one year | 42 | €12,145 | €10,225 | -€1,920 | -15.8% |
| Financial debts | 43 | €1,339 | €4,777 | +€3,438 | +257% |
| Credit institutions | 430/8 | €1,339 | €4,777 | +€3,438 | +257% |
| Trade debts | 44 | €19,167 | €4,444 | -€14,722 | -76.8% |
| Suppliers | 440/4 | €19,167 | €4,444 | -€14,722 | -76.8% |
| Taxes, remuneration and social security | 45 | €1,308 | €1,308 | = | 0.0% |
| Taxes | 450/3 | €1,308 | €1,308 | = | 0.0% |
| Other amounts payable | 47/48 | €46,413 | €113,559 | +€67,146 | +145% |
| Accrued charges and deferred income | 492/3 | €174 | €43 | -€131 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,680 | €53,286 | +€4,606 | +9.5% |
| Other operating charges | 640/8 | €9,437 | €8,655 | -€782 | -8.3% |
| Gross operating margin | 9900 | €90,240 | €77,541 | -€12,699 | -14.1% |
| Operating profit (loss) | 9901 | €32,123 | €15,599 | -€16,523 | -51.4% |
| Financial income | 75/76B | €244 | €198 | -€46 | -18.8% |
| Recurring financial income | 75 | €244 | €198 | -€46 | -18.8% |
| Financial charges | 65/66B | €488 | €354 | -€134 | -27.4% |
| Recurring financial charges | 65 | €488 | €354 | -€134 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €31,879 | €15,443 | -€16,436 | -51.6% |
| Income taxes | 67/77 | €10,382 | €5,759 | -€4,623 | -44.5% |
| Profit (loss) for the period | 9904 | €21,497 | €9,685 | -€11,813 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,497 | €9,685 | -€11,813 | -54.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 7 November 2026 via checked.be.