ORTHO.CLAIRBOIS: 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.
ORTHO.CLAIRBOIS
Largest movements
- Current investments +€104,118
up €104,118 (+5205.9%), from €2,000 to €106,118
- Cash -€81,956
down €81,956 (-80.0%), from €102,388 to €20,432
mainly Current investments (-€104,118) and Contributions, distributions and other (-€41,596)
- Deferred charges and accrued income -€74,709
down €74,709 (-92.9%), from €80,382 to €5,672
- Tangible fixed assets -€9,794
down €9,794 (-37.4%), from €26,188 to €16,394
of which Land and buildings: -€9,345
- Receivables within one year +€5,621
up €5,621 (+16.5%), from €34,082 to €39,704
of which Trade receivables: +€33,496
- Reserves -€33,676
down €33,676 (-17.0%), from €198,037 to €164,361
of which Distributable reserves: -€33,676
- Tax, wage and social debts -€6,739
down €6,739 (-73.7%), from €9,148 to €2,409
- Current portion of long-term debt -€5,944
down €5,944 (-53.4%), from €11,136 to €5,192
- Other debts -€5,568
down €5,568 (-65.0%), from €8,572 to €3,004
- Debts after one year -€5,192
down €5,192 (-66.3%), from €7,836 to €2,644
- Gross operating margin -€132,111
down €132,111 (-85.2%), from €155,073 to €22,962
- Taxes -€36,624
down €36,624 (-90.5%), from €40,470 to €3,846
- Other operating charges -€2,564
down €2,564 (-71.2%), from €3,602 to €1,038
- Financial income +€1,650
up €1,650 (+270.0%), from €611 to €2,261
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.
Cash bridge derived
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 | €248,040 | €191,320 | -€56,721 | -22.9% |
| Fixed assets | 21/28 | €29,188 | €19,394 | -€9,794 | -33.6% |
| Tangible fixed assets | 22/27 | €26,188 | €16,394 | -€9,794 | -37.4% |
| Land and buildings | 22 | €23,373 | €14,028 | -€9,345 | -40.0% |
| Furniture and vehicles | 24 | €2,816 | €2,366 | -€450 | -16.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €218,852 | €171,925 | -€46,927 | -21.4% |
| Amounts receivable within one year | 40/41 | €34,082 | €39,704 | +€5,621 | +16.5% |
| Trade receivables | 40 | - | €33,496 | +€33,496 | |
| Other amounts receivable | 41 | €34,082 | €6,208 | -€27,874 | -81.8% |
| Current investments | 50/53 | €2,000 | €106,118 | +€104,118 | +5205.9% |
| Cash at bank and in hand | 54/58 | €102,388 | €20,432 | -€81,956 | -80.0% |
| Deferred charges and accrued income | 490/1 | €80,382 | €5,672 | -€74,709 | -92.9% |
| Total equity and liabilities | 10/49 | €248,040 | €191,320 | -€56,721 | -22.9% |
| Equity | 10/15 | €210,830 | €177,161 | -€33,670 | -16.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €198,037 | €164,361 | -€33,676 | -17.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €196,177 | €162,501 | -€33,676 | -17.2% |
| Profit (loss) carried forward | 14 | €394 | €400 | +€6 | +1.5% |
| Amounts payable | 17/49 | €37,210 | €14,159 | -€23,051 | -61.9% |
| Amounts payable after more than one year | 17 | €7,836 | €2,644 | -€5,192 | -66.3% |
| Financial debts | 170/4 | €7,836 | €2,644 | -€5,192 | -66.3% |
| Amounts payable within one year | 42/48 | €29,374 | €11,515 | -€17,859 | -60.8% |
| Current portion of amounts payable after more than one year | 42 | €11,136 | €5,192 | -€5,944 | -53.4% |
| Trade debts | 44 | €519 | €910 | +€391 | +75.4% |
| Suppliers | 440/4 | €519 | €910 | +€391 | +75.4% |
| Taxes, remuneration and social security | 45 | €9,148 | €2,409 | -€6,739 | -73.7% |
| Taxes | 450/3 | €9,148 | €2,409 | -€6,739 | -73.7% |
| Other amounts payable | 47/48 | €8,572 | €3,004 | -€5,568 | -65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,319 | €11,213 | -€106 | -0.9% |
| Other operating charges | 640/8 | €3,602 | €1,038 | -€2,564 | -71.2% |
| Gross operating margin | 9900 | €155,073 | €22,962 | -€132,111 | -85.2% |
| Operating profit (loss) | 9901 | €140,152 | €10,710 | -€129,442 | -92.4% |
| Financial income | 75/76B | €611 | €2,261 | +€1,650 | +270.0% |
| Recurring financial income | 75 | €611 | €2,261 | +€1,650 | +270.0% |
| Financial charges | 65/66B | €982 | €1,199 | +€217 | +22.1% |
| Recurring financial charges | 65 | €982 | €1,199 | +€217 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €139,781 | €11,772 | -€128,009 | -91.6% |
| Income taxes | 67/77 | €40,470 | €3,846 | -€36,624 | -90.5% |
| Profit (loss) for the period | 9904 | €99,311 | €7,926 | -€91,385 | -92.0% |
| Profit (loss) for the period to be appropriated | 9905 | €99,311 | €7,926 | -€91,385 | -92.0% |
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 9 October 2026 via checked.be.