Ortho-D: what changed
Two fiscal 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-D
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€206,239
up €206,239 (+63.7%), from €323,958 to €530,197
- Other debts -€127,509
down €127,509 (-27.9%), from €457,393 to €329,884
- Debts after one year -€89,194
down €89,194 (-8.9%), from €1.0m to €912,983
- Financial income +€190,628
up €190,628 (+844.5%), from €22,572 to €213,200
- Gross operating margin +€9,361
up €9,361 (+89.8%), from -€10,425 to -€1,064
- Depreciation -€289
down €289 (-50.0%), from €578 to €289
- Other operating charges +€155
new in 2025: €155
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 | €2,539,749 | €2,517,927 | -€21,822 | -0.9% |
| Formation expenses | 20 | €289 | - | -€289 | |
| Fixed assets | 21/28 | €2,499,841 | €2,499,841 | = | 0.0% |
| Financial fixed assets | 28 | €2,499,841 | €2,499,841 | = | 0.0% |
| Current assets | 29/58 | €39,620 | €18,086 | -€21,533 | -54.4% |
| Amounts receivable within one year | 40/41 | €34,164 | €15,914 | -€18,250 | -53.4% |
| Trade receivables | 40 | €525 | €525 | = | 0.0% |
| Other amounts receivable | 41 | €33,639 | €15,389 | -€18,250 | -54.3% |
| Cash at bank and in hand | 54/58 | €5,456 | €2,173 | -€3,283 | -60.2% |
| Total equity and liabilities | 10/49 | €2,539,749 | €2,517,927 | -€21,822 | -0.9% |
| Equity | 10/15 | €978,958 | €1,185,197 | +€206,239 | +21.1% |
| Contributions | 10/11 | €655,000 | €655,000 | = | 0.0% |
| Capital | 10 | €655,000 | €655,000 | = | 0.0% |
| Issued capital | 100 | €655,000 | €655,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €323,958 | €530,197 | +€206,239 | +63.7% |
| Amounts payable | 17/49 | €1,560,791 | €1,332,730 | -€228,061 | -14.6% |
| Amounts payable after more than one year | 17 | €1,002,176 | €912,983 | -€89,194 | -8.9% |
| Financial debts | 170/4 | €1,002,176 | €912,983 | -€89,194 | -8.9% |
| Amounts payable within one year | 42/48 | €558,517 | €419,650 | -€138,867 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €92,592 | €89,194 | -€3,399 | -3.7% |
| Trade debts | 44 | €4,044 | - | -€4,044 | |
| Suppliers | 440/4 | €4,044 | - | -€4,044 | |
| Taxes, remuneration and social security | 45 | €4,488 | €572 | -€3,915 | -87.2% |
| Taxes | 450/3 | €4,488 | €572 | -€3,915 | -87.2% |
| Other amounts payable | 47/48 | €457,393 | €329,884 | -€127,509 | -27.9% |
| Accrued charges and deferred income | 492/3 | €98 | €98 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €289 | -€289 | -50.0% |
| Other operating charges | 640/8 | - | €155 | +€155 | |
| Gross operating margin | 9900 | -€10,425 | -€1,064 | +€9,361 | +89.8% |
| Operating profit (loss) | 9901 | -€11,003 | -€1,508 | +€9,495 | +86.3% |
| Financial income | 75/76B | €22,572 | €213,200 | +€190,628 | +844.5% |
| Recurring financial income | 75 | €22,572 | €213,200 | +€190,628 | +844.5% |
| Financial charges | 65/66B | €5,527 | €5,453 | -€74 | -1.3% |
| Recurring financial charges | 65 | €5,527 | €5,453 | -€74 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €6,042 | €206,239 | +€200,197 | +3313.4% |
| Profit (loss) for the period | 9904 | €6,042 | €206,239 | +€200,197 | +3313.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,042 | €206,239 | +€200,197 | +3313.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.