ORTHO-DEVELOPMENT: 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-DEVELOPMENT
Largest movements
- Cash +€70,667
up €70,667 (+43.8%), from €161,325 to €231,992
mainly Net result for the year (+€50,207) and Other debts (+€13,115)
- Receivables within one year -€12,500
down €12,500 (-47.2%), from €26,461 to €13,961
of which Other amounts receivable: -€12,500
- Deferred charges and accrued income -€3,581
down €3,581 (-94.2%), from €3,800 to €219
- Reserves +€50,000
up €50,000 (+113.6%), from €44,000 to €94,000
- Profit (loss) carried forward -€29,793
down €29,793 (-33.5%), from €88,888 to €59,095
- Other debts +€13,115
up €13,115 (+63.4%), from €20,682 to €33,798
- Trade debts +€12,927
up €12,927 (+705.0%), from €1,834 to €14,761
- Tax, wage and social debts +€7,057
up €7,057 (+44.7%), from €15,794 to €22,851
- Gross operating margin +€9,110
up €9,110 (+15.1%), from €60,487 to €69,597
- Taxes +€4,164
up €4,164 (+27.0%), from €15,393 to €19,557
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,649 | €246,171 | +€54,522 | +28.4% |
| Fixed assets | 21/28 | €63 | - | -€63 | |
| Tangible fixed assets | 22/27 | €63 | - | -€63 | |
| Furniture and vehicles | 24 | €63 | - | -€63 | |
| Current assets | 29/58 | €191,586 | €246,171 | +€54,586 | +28.5% |
| Amounts receivable within one year | 40/41 | €26,461 | €13,961 | -€12,500 | -47.2% |
| Trade receivables | 40 | €13,961 | €13,961 | = | 0.0% |
| Other amounts receivable | 41 | €12,500 | - | -€12,500 | |
| Cash at bank and in hand | 54/58 | €161,325 | €231,992 | +€70,667 | +43.8% |
| Deferred charges and accrued income | 490/1 | €3,800 | €219 | -€3,581 | -94.2% |
| Total equity and liabilities | 10/49 | €191,649 | €246,171 | +€54,522 | +28.4% |
| Equity | 10/15 | €153,339 | €173,546 | +€20,207 | +13.2% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Capital | 10 | €20,451 | €20,451 | = | 0.0% |
| Issued capital | 100 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €44,000 | €94,000 | +€50,000 | +113.6% |
| Distributable reserves | 133 | €44,000 | €94,000 | +€50,000 | +113.6% |
| Profit (loss) carried forward | 14 | €88,888 | €59,095 | -€29,793 | -33.5% |
| Amounts payable | 17/49 | €38,310 | €72,625 | +€34,315 | +89.6% |
| Amounts payable within one year | 42/48 | €38,310 | €71,410 | +€33,100 | +86.4% |
| Trade debts | 44 | €1,834 | €14,761 | +€12,927 | +705.0% |
| Suppliers | 440/4 | €1,834 | €14,761 | +€12,927 | +705.0% |
| Taxes, remuneration and social security | 45 | €15,794 | €22,851 | +€7,057 | +44.7% |
| Taxes | 450/3 | €15,794 | €22,851 | +€7,057 | +44.7% |
| Other amounts payable | 47/48 | €20,682 | €33,798 | +€13,115 | +63.4% |
| Accrued charges and deferred income | 492/3 | - | €1,215 | +€1,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73 | €63 | -€10 | -13.4% |
| Other operating charges | 640/8 | €249 | €126 | -€122 | -49.3% |
| Gross operating margin | 9900 | €60,487 | €69,597 | +€9,110 | +15.1% |
| Operating profit (loss) | 9901 | €60,165 | €69,407 | +€9,243 | +15.4% |
| Financial income | 75/76B | €240 | €574 | +€334 | +139.0% |
| Recurring financial income | 75 | €240 | €574 | +€334 | +139.0% |
| Financial charges | 65/66B | €292 | €217 | -€75 | -25.7% |
| Recurring financial charges | 65 | €292 | €217 | -€75 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €60,113 | €69,764 | +€9,651 | +16.1% |
| Income taxes | 67/77 | €15,393 | €19,557 | +€4,164 | +27.0% |
| Profit (loss) for the period | 9904 | €44,719 | €50,207 | +€5,488 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,719 | €50,207 | +€5,488 | +12.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.