ORTHO CONSULT: 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 CONSULT
Largest movements
- Receivables within one year -€82,652
down €82,652 (-23.1%), from €357,280 to €274,628
of which Other amounts receivable: -€51,883
- Stocks and contracts +€29,073
up €29,073 (+26.6%), from €109,458 to €138,531
- Cash +€19,584
up €19,584 (+39.5%), from €49,568 to €69,153
mainly Net result for the year (+€215,813) and Depreciation (+€110,924)
- Financial fixed assets +€17,554
up €17,554 (+2,356%), from €745 to €18,299
- Tangible fixed assets +€15,452
up €15,452 (+2.5%), from €614,498 to €629,950
of which Plant, machinery and equipment: +€33,397
- Short-term financial debts -€50,000
down €50,000 (-50.0%), from €100,000 to €50,000
- Tax, wage and social debts +€45,281
up €45,281 (+61.5%), from €73,590 to €118,871
of which Taxes: +€33,727
- Debts after one year -€38,496
down €38,496 (-14.1%), from €273,933 to €235,437
- Reserves +€25,956
up €25,956 (+4.6%), from €562,789 to €588,745
- Trade debts +€16,115
up €16,115 (+26.1%), from €61,682 to €77,797
- Gross operating margin +€136,387
up €136,387 (+16.9%), from €807,546 to €943,933
- Taxes +€49,402
up €49,402 (+89.6%), from €55,160 to €104,562
- Staff costs -€36,852
down €36,852 (-6.8%), from €542,207 to €505,355
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 | €1,153,437 | €1,148,795 | -€4,642 | -0.4% |
| Fixed assets | 21/28 | €615,243 | €648,249 | +€33,006 | +5.4% |
| Tangible fixed assets | 22/27 | €614,498 | €629,950 | +€15,452 | +2.5% |
| Land and buildings | 22 | €496,173 | €483,350 | -€12,823 | -2.6% |
| Plant, machinery and equipment | 23 | €32,507 | €65,904 | +€33,397 | +103% |
| Furniture and vehicles | 24 | €82,208 | €80,696 | -€1,513 | -1.8% |
| Other tangible fixed assets | 26 | €3,610 | €0 | -€3,610 | -100% |
| Financial fixed assets | 28 | €745 | €18,299 | +€17,554 | +2,356% |
| Current assets | 29/58 | €538,195 | €500,547 | -€37,648 | -7.0% |
| Stocks and contracts in progress | 3 | €109,458 | €138,531 | +€29,073 | +26.6% |
| Stocks | 30/36 | €109,458 | €138,531 | +€29,073 | +26.6% |
| Amounts receivable within one year | 40/41 | €357,280 | €274,628 | -€82,652 | -23.1% |
| Trade receivables | 40 | €221,669 | €190,900 | -€30,769 | -13.9% |
| Other amounts receivable | 41 | €135,611 | €83,728 | -€51,883 | -38.3% |
| Cash at bank and in hand | 54/58 | €49,568 | €69,153 | +€19,584 | +39.5% |
| Deferred charges and accrued income | 490/1 | €21,888 | €18,234 | -€3,654 | -16.7% |
| Total equity and liabilities | 10/49 | €1,153,437 | €1,148,795 | -€4,642 | -0.4% |
| Equity | 10/15 | €577,789 | €603,745 | +€25,956 | +4.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €562,789 | €588,745 | +€25,956 | +4.6% |
| Distributable reserves | 133 | €562,789 | €588,745 | +€25,956 | +4.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €575,648 | €545,051 | -€30,598 | -5.3% |
| Amounts payable after more than one year | 17 | €273,933 | €235,437 | -€38,496 | -14.1% |
| Financial debts | 170/4 | €273,933 | €235,437 | -€38,496 | -14.1% |
| Amounts payable within one year | 42/48 | €287,889 | €285,164 | -€2,725 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €52,617 | €38,496 | -€14,120 | -26.8% |
| Financial debts | 43 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Credit institutions | 430/8 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Trade debts | 44 | €61,682 | €77,797 | +€16,115 | +26.1% |
| Suppliers | 440/4 | €61,682 | €77,797 | +€16,115 | +26.1% |
| Taxes, remuneration and social security | 45 | €73,590 | €118,871 | +€45,281 | +61.5% |
| Taxes | 450/3 | €28,307 | €62,034 | +€33,727 | +119% |
| Remuneration and social security | 454/9 | €45,283 | €56,837 | +€11,554 | +25.5% |
| Accrued charges and deferred income | 492/3 | €13,826 | €24,449 | +€10,623 | +76.8% |
| Remuneration, social security and pensions | 62 | €542,207 | €505,355 | -€36,852 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,231 | €110,924 | +€5,693 | +5.4% |
| Other operating charges | 640/8 | €4,696 | €5,504 | +€808 | +17.2% |
| Non-recurring operating charges | 66A | - | €779 | +€779 | |
| Gross operating margin | 9900 | €807,546 | €943,933 | +€136,387 | +16.9% |
| Operating profit (loss) | 9901 | €155,413 | €321,371 | +€165,958 | +107% |
| Financial income | 75/76B | €15,353 | €12,091 | -€3,262 | -21.2% |
| Recurring financial income | 75 | €15,353 | €12,091 | -€3,262 | -21.2% |
| Financial charges | 65/66B | €13,749 | €13,086 | -€662 | -4.8% |
| Recurring financial charges | 65 | €13,749 | €13,086 | -€662 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €157,017 | €320,376 | +€163,359 | +104% |
| Income taxes | 67/77 | €55,160 | €104,562 | +€49,402 | +89.6% |
| Profit (loss) for the period | 9904 | €101,856 | €215,813 | +€113,957 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €101,856 | €215,813 | +€113,957 | +112% |
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.