ORTHO COLLE: 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 COLLE
Largest movements
- Tangible fixed assets -€28,361
down €28,361 (-24.4%), from €116,360 to €87,998
- Cash +€24,106
up €24,106 (+13.5%), from €177,950 to €202,056
mainly Net result for the year (+€197,204) and Depreciation (+€32,273)
- Receivables within one year +€9,220
up €9,220 (+146%), from €6,302 to €15,523
of which Other amounts receivable: +€10,000
- Debts after one year -€25,534
no longer reported in 2025 (was €25,534)
- Tax, wage and social debts +€14,828
up €14,828 (+78.9%), from €18,786 to €33,614
of which Taxes: +€14,853
- Other debts +€10,932
up €10,932 (+5.4%), from €201,618 to €212,550
- Current portion of long-term debt +€8,042
up €8,042 (+56.8%), from €14,170 to €22,212
- Gross operating margin -€19,247
down €19,247 (-5.3%), from €360,032 to €340,785
- Depreciation -€14,505
down €14,505 (-31.0%), from €46,778 to €32,273
- Staff costs -€5,562
down €5,562 (-11.1%), from €50,115 to €44,553
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 | €302,660 | €308,583 | +€5,923 | +2.0% |
| Fixed assets | 21/28 | €116,638 | €89,142 | -€27,496 | -23.6% |
| Intangible fixed assets | 21 | - | €865 | +€865 | |
| Tangible fixed assets | 22/27 | €116,360 | €87,998 | -€28,361 | -24.4% |
| Plant, machinery and equipment | 23 | €14,022 | €6,780 | -€7,242 | -51.6% |
| Furniture and vehicles | 24 | €35,842 | €28,821 | -€7,021 | -19.6% |
| Leasing and similar rights | 25 | €56,935 | €45,364 | -€11,571 | -20.3% |
| Other tangible fixed assets | 26 | €9,561 | €7,033 | -€2,528 | -26.4% |
| Financial fixed assets | 28 | €278 | €278 | = | 0.0% |
| Current assets | 29/58 | €186,022 | €219,441 | +€33,419 | +18.0% |
| Amounts receivable within one year | 40/41 | €6,302 | €15,523 | +€9,220 | +146% |
| Trade receivables | 40 | €6,302 | €5,523 | -€780 | -12.4% |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €177,950 | €202,056 | +€24,106 | +13.5% |
| Deferred charges and accrued income | 490/1 | €1,769 | €1,862 | +€93 | +5.3% |
| Total equity and liabilities | 10/49 | €302,660 | €308,583 | +€5,923 | +2.0% |
| Equity | 10/15 | €31,403 | €31,607 | +€204 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,217 | €1,217 | = | 0.0% |
| Distributable reserves | 133 | €1,217 | €1,217 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,586 | €11,790 | +€204 | +1.8% |
| Amounts payable | 17/49 | €271,257 | €276,976 | +€5,719 | +2.1% |
| Amounts payable after more than one year | 17 | €25,534 | - | -€25,534 | |
| Financial debts | 170/4 | €25,534 | - | -€25,534 | |
| Amounts payable within one year | 42/48 | €244,697 | €276,976 | +€32,279 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €14,170 | €22,212 | +€8,042 | +56.8% |
| Trade debts | 44 | €9,887 | €8,599 | -€1,288 | -13.0% |
| Suppliers | 440/4 | €9,887 | €8,599 | -€1,288 | -13.0% |
| Advances received on contracts in progress | 46 | €235 | - | -€235 | |
| Taxes, remuneration and social security | 45 | €18,786 | €33,614 | +€14,828 | +78.9% |
| Taxes | 450/3 | €10,404 | €25,257 | +€14,853 | +143% |
| Remuneration and social security | 454/9 | €8,382 | €8,357 | -€25 | -0.3% |
| Other amounts payable | 47/48 | €201,618 | €212,550 | +€10,932 | +5.4% |
| Accrued charges and deferred income | 492/3 | €1,026 | - | -€1,026 | |
| Non-recurring operating income | 76A | - | €7,000 | +€7,000 | |
| Remuneration, social security and pensions | 62 | €50,115 | €44,553 | -€5,562 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,778 | €32,273 | -€14,505 | -31.0% |
| Other operating charges | 640/8 | €815 | €790 | -€24 | -3.0% |
| Gross operating margin | 9900 | €360,032 | €340,785 | -€19,247 | -5.3% |
| Operating profit (loss) | 9901 | €262,324 | €263,168 | +€844 | +0.3% |
| Financial income | 75/76B | €2,369 | €1,719 | -€650 | -27.4% |
| Recurring financial income | 75 | €2,369 | €1,719 | -€650 | -27.4% |
| Financial charges | 65/66B | €2,190 | €5,168 | +€2,978 | +136% |
| Recurring financial charges | 65 | €2,190 | €5,168 | +€2,978 | +136% |
| Profit (loss) for the period before taxes | 9903 | €262,502 | €259,719 | -€2,783 | -1.1% |
| Income taxes | 67/77 | €61,660 | €62,515 | +€855 | +1.4% |
| Profit (loss) for the period | 9904 | €200,842 | €197,204 | -€3,638 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €200,842 | €197,204 | -€3,638 | -1.8% |
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 31 October 2026 via checked.be.