Orthanc Team: 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.
Orthanc Team
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€25,381
down €25,381 (-28.2%), from €90,025 to €64,644
mainly Current investments (-€50,000) and Deferred charges and accrued income (-€3,723)
- Receivables within one year -€4,136
down €4,136 (-4.9%), from €83,566 to €79,430
of which Other amounts receivable: -€11,110
- Deferred charges and accrued income +€3,723
up €3,723 (+225%), from €1,658 to €5,381
- Accrued charges and deferred income +€12,845
up €12,845 (+11.4%), from €112,465 to €125,309
- Reserves +€9,919
up €9,919 (+185%), from €5,365 to €15,285
of which Distributable reserves: +€9,919
- Turnover +€14,713
up €14,713 (+5.2%), from €285,114 to €299,826
- Gross operating margin +€10,033
up €10,033 (+235%), from €4,271 to €14,304
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 | €175,250 | €199,456 | +€24,207 | +13.8% |
| Fixed assets | 21/28 | €1 | €1 | = | 0.0% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €175,249 | €199,455 | +€24,207 | +13.8% |
| Amounts receivable within one year | 40/41 | €83,566 | €79,430 | -€4,136 | -4.9% |
| Trade receivables | 40 | €57,115 | €64,090 | +€6,974 | +12.2% |
| Other amounts receivable | 41 | €26,450 | €15,340 | -€11,110 | -42.0% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €90,025 | €64,644 | -€25,381 | -28.2% |
| Deferred charges and accrued income | 490/1 | €1,658 | €5,381 | +€3,723 | +225% |
| Total equity and liabilities | 10/49 | €175,250 | €199,456 | +€24,207 | +13.8% |
| Equity | 10/15 | €11,365 | €21,285 | +€9,919 | +87.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €5,365 | €15,285 | +€9,919 | +185% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €4,765 | €14,685 | +€9,919 | +208% |
| Amounts payable | 17/49 | €163,884 | €178,171 | +€14,287 | +8.7% |
| Amounts payable within one year | 42/48 | €51,420 | €52,862 | +€1,443 | +2.8% |
| Trade debts | 44 | €51,420 | €51,806 | +€387 | +0.8% |
| Suppliers | 440/4 | €51,420 | €51,806 | +€387 | +0.8% |
| Taxes, remuneration and social security | 45 | - | €1,056 | +€1,056 | |
| Taxes | 450/3 | - | €1,056 | +€1,056 | |
| Accrued charges and deferred income | 492/3 | €112,465 | €125,309 | +€12,845 | +11.4% |
| Turnover | 70 | €285,114 | €299,826 | +€14,713 | +5.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €284,726 | €285,522 | +€796 | +0.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €4,271 | €14,304 | +€10,033 | +235% |
| Operating profit (loss) | 9901 | €3,884 | €13,904 | +€10,021 | +258% |
| Financial income | 75/76B | €92 | €469 | +€377 | +411% |
| Recurring financial income | 75 | €92 | €469 | +€377 | +411% |
| Financial charges | 65/66B | €886 | €898 | +€12 | +1.4% |
| Recurring financial charges | 65 | €886 | €898 | +€12 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €3,089 | €13,475 | +€10,386 | +336% |
| Income taxes | 67/77 | €805 | €3,556 | +€2,751 | +342% |
| Profit (loss) for the period | 9904 | €2,284 | €9,919 | +€7,635 | +334% |
| Profit (loss) for the period to be appropriated | 9905 | €2,284 | €9,919 | +€7,635 | +334% |
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 28 October 2026 via checked.be.