ORTHO & CO: what changed
ORTHO & CO
Largest movements
- Cash -€2,374
down €2,374 (-53.8%), from €4,412 to €2,038
mainly Net result for the year (-€3,588) and Tax, wage and social debts (-€2,580)
- Receivables within one year -€399
down €399 (-12.1%), from €3,303 to €2,904
of which Other amounts receivable: -€2,114
- Profit (loss) carried forward -€3,588
down €3,588, from €1,967 to -€1,621
- Trade debts +€3,320
up €3,320 (+588%), from €565 to €3,884
- Tax, wage and social debts -€2,580
down €2,580 (-96.2%), from €2,684 to €103
- Gross operating margin -€4,043
down €4,043, from €1,118 to -€2,925
- Taxes -€378
no longer reported in 2024 (was €378)
- Financial charges +€142
up €142 (+945%), from €15 to €157
- Other operating charges +€35
up €35 (+7.3%), from €473 to €507
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,715 | €4,943 | -€2,773 | -35.9% |
| Current assets | 29/58 | €7,715 | €4,943 | -€2,773 | -35.9% |
| Amounts receivable within one year | 40/41 | €3,303 | €2,904 | -€399 | -12.1% |
| Trade receivables | 40 | €1,189 | €2,904 | +€1,715 | +144% |
| Other amounts receivable | 41 | €2,114 | - | -€2,114 | |
| Cash at bank and in hand | 54/58 | €4,412 | €2,038 | -€2,374 | -53.8% |
| Total equity and liabilities | 10/49 | €7,715 | €4,943 | -€2,773 | -35.9% |
| Equity | 10/15 | €4,467 | €879 | -€3,588 | -80.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,967 | -€1,621 | -€3,588 | |
| Amounts payable | 17/49 | €3,248 | €4,064 | +€816 | +25.1% |
| Amounts payable within one year | 42/48 | €3,248 | €4,064 | +€816 | +25.1% |
| Trade debts | 44 | €565 | €3,884 | +€3,320 | +588% |
| Suppliers | 440/4 | €565 | €3,884 | +€3,320 | +588% |
| Taxes, remuneration and social security | 45 | €2,684 | €103 | -€2,580 | -96.2% |
| Taxes | 450/3 | €2,684 | €103 | -€2,580 | -96.2% |
| Other amounts payable | 47/48 | - | €76 | +€76 | |
| Other operating charges | 640/8 | €473 | €507 | +€35 | +7.3% |
| Gross operating margin | 9900 | €1,118 | -€2,925 | -€4,043 | |
| Operating profit (loss) | 9901 | €646 | -€3,432 | -€4,078 | |
| Financial charges | 65/66B | €15 | €157 | +€142 | +945% |
| Recurring financial charges | 65 | €15 | €157 | +€142 | +945% |
| Profit (loss) for the period before taxes | 9903 | €631 | -€3,588 | -€4,219 | |
| Income taxes | 67/77 | €378 | - | -€378 | |
| Profit (loss) for the period | 9904 | €253 | -€3,588 | -€3,841 | |
| Profit (loss) for the period to be appropriated | 9905 | €253 | -€3,588 | -€3,841 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.