ORTHO - BARBARIN: what changed
What changed
ORTHO - BARBARIN
filed annual accounts (NBB)
Net result for the year
€76,433
2024 · €67,381+€9,052
Equity
€1.5m
2024 · €1.4m+€76,433
Cash
€190,967
2024 · €134,661+€56,306
Balance sheet total
€2.9m
2024 · €2.9m-€40,701
Largest movements
Assets
- Tangible fixed assets -€96,788
down €96,788 (-3.5%), from €2.8m to €2.7m
- Cash +€56,306
up €56,306 (+41.8%), from €134,661 to €190,967
mainly Depreciation (+€96,788) and Net result for the year (+€76,433)
Equity and liabilities
- Debts after one year -€162,294
down €162,294 (-12.9%), from €1.3m to €1.1m
- Reserves +€76,433
up €76,433 (+5.5%), from €1.4m to €1.5m
of which Distributable reserves: +€96,683
- Tax, wage and social debts +€48,586
up €48,586 (+108%), from €44,896 to €93,482
Income statement
- Gross operating margin +€11,583
up €11,583 (+5.0%), from €229,835 to €241,418
- Taxes +€3,689
up €3,689 (+8.2%), from €44,896 to €48,586
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
€67,381
Gross operating margin
+€11,583
Depreciation
+€353
Other operating charges
-€540
Financial income
-€0
Financial charges
+€1,345
Taxes
-€3,689
Result 2025
€76,433
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
+€217,239
Investment
€0
Financing
-€160,933
Cash 2024
€134,661
From operations (derived)
+€217,239
Net result for the year
+€76,433
Depreciation
+€96,788
Deferred charges and accrued income
+€219
Provisions
-€6,750
Trade debts
-€4,036
Tax, wage and social debts
+€48,586
Accrued charges and deferred income
+€6,000
Financing
-€160,933
Debts after one year
-€162,294
Current portion of long-term debt
+€1,361
Cash 2025
€190,967
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,926,317 | €2,885,616 | -€40,701 | -1.4% |
| Fixed assets | 21/28 | €2,791,346 | €2,694,558 | -€96,788 | -3.5% |
| Tangible fixed assets | 22/27 | €2,791,321 | €2,694,533 | -€96,788 | -3.5% |
| Land and buildings | 22 | €2,791,321 | €2,694,533 | -€96,788 | -3.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €134,971 | €191,058 | +€56,087 | +41.6% |
| Cash at bank and in hand | 54/58 | €134,661 | €190,967 | +€56,306 | +41.8% |
| Deferred charges and accrued income | 490/1 | €309 | €91 | -€219 | -70.6% |
| Total equity and liabilities | 10/49 | €2,926,317 | €2,885,616 | -€40,701 | -1.4% |
| Equity | 10/15 | €1,410,137 | €1,486,570 | +€76,433 | +5.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,397,737 | €1,474,170 | +€76,433 | +5.5% |
| Tax-exempt reserves | 132 | €494,132 | €473,882 | -€20,250 | -4.1% |
| Distributable reserves | 133 | €903,606 | €1,000,288 | +€96,683 | +10.7% |
| Provisions and deferred taxes | 16 | €157,500 | €150,750 | -€6,750 | -4.3% |
| Deferred taxes | 168 | €157,500 | €150,750 | -€6,750 | -4.3% |
| Amounts payable | 17/49 | €1,358,680 | €1,248,296 | -€110,383 | -8.1% |
| Amounts payable after more than one year | 17 | €1,257,136 | €1,094,842 | -€162,294 | -12.9% |
| Financial debts | 170/4 | €1,257,136 | €1,094,842 | -€162,294 | -12.9% |
| Amounts payable within one year | 42/48 | €95,544 | €141,455 | +€45,911 | +48.1% |
| Current portion of amounts payable after more than one year | 42 | €43,637 | €44,998 | +€1,361 | +3.1% |
| Trade debts | 44 | €7,010 | €2,975 | -€4,036 | -57.6% |
| Suppliers | 440/4 | €7,010 | €2,975 | -€4,036 | -57.6% |
| Taxes, remuneration and social security | 45 | €44,896 | €93,482 | +€48,586 | +108% |
| Taxes | 450/3 | €44,896 | €93,482 | +€48,586 | +108% |
| Accrued charges and deferred income | 492/3 | €6,000 | €12,000 | +€6,000 | +100% |
| Non-recurring operating income | 76A | €18,060 | - | -€18,060 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,141 | €96,788 | -€353 | -0.4% |
| Other operating charges | 640/8 | €18,060 | €18,600 | +€540 | +3.0% |
| Gross operating margin | 9900 | €229,835 | €241,418 | +€11,583 | +5.0% |
| Operating profit (loss) | 9901 | €114,634 | €126,030 | +€11,396 | +9.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €9,107 | €7,762 | -€1,345 | -14.8% |
| Recurring financial charges | 65 | €9,107 | €7,762 | -€1,345 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €105,527 | €118,268 | +€12,741 | +12.1% |
| Transfer from deferred taxes | 780 | €6,750 | €6,750 | = | 0.0% |
| Income taxes | 67/77 | €44,896 | €48,586 | +€3,689 | +8.2% |
| Profit (loss) for the period | 9904 | €67,381 | €76,433 | +€9,052 | +13.4% |
| Transfer from tax-exempt reserves | 789 | €20,250 | €20,250 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,631 | €96,683 | +€9,052 | +10.3% |
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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 5 November 2026 via checked.be.