ORTHO FVT: what changed
What changed
ORTHO FVT
NACE 86.230, Dental practice
filed annual accounts (NBB)
Net result for the year
€259,325
2024 · €84,704+€174,621
Equity
€68,447
2024 · €143,826-€75,379
Cash
€316,554
2024 · €96,722+€219,832
Balance sheet total
€928,324
2024 · €642,173+€286,150
Largest movements
Assets
- Cash +€219,832
up €219,832 (+227%), from €96,722 to €316,554
mainly Other debts (+€291,274) and Net result for the year (+€259,325)
- Tangible fixed assets +€73,911
up €73,911 (+14.7%), from €502,096 to €576,007
of which Leasing and similar rights: +€119,515
- Deferred charges and accrued income +€11,154
up €11,154 (+279%), from €4,005 to €15,159
- Intangible fixed assets -€10,313
down €10,313 (-57.1%), from €18,047 to €7,734
Equity and liabilities
- Other debts +€291,274
up €291,274 (+413%), from €70,554 to €361,829
- Profit (loss) carried forward -€75,379
down €75,379 (-89.0%), from €84,704 to €9,325
- Debts after one year +€43,981
up €43,981 (+11.8%), from €371,764 to €415,745
- Current portion of long-term debt +€19,836
up €19,836 (+39.9%), from €49,775 to €69,611
Income statement
- Gross operating margin +€247,002
up €247,002 (+117%), from €210,765 to €457,767
- Taxes +€57,976
up €57,976 (+262%), from €22,142 to €80,118
- Depreciation +€11,737
up €11,737 (+23.0%), from €51,053 to €62,790
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€84,704
Gross operating margin
+€247,002
Staff costs
+€202
Depreciation
-€11,737
Other operating charges
-€1,616
Other operating items
-€68
Financial charges
-€1,186
Taxes
-€57,976
Result 2025
€259,325
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€617,109
Investment
-€126,389
Financing
-€270,888
Cash 2024
€96,722
From operations (derived)
+€617,109
Net result for the year
+€259,325
Depreciation
+€62,790
Receivables within one year
+€8,435
Deferred charges and accrued income
-€11,154
Trade debts
+€4,378
Tax, wage and social debts
+€2,061
Other debts
+€291,274
Investment (derived)
-€126,389
Investment in fixed assets (net)
-€126,389
Financing
-€270,888
Debts after one year
+€43,981
Current portion of long-term debt
+€19,836
Contributions, distributions and other
-€334,704
Cash 2025
€316,554
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €642,173 | €928,324 | +€286,150 | +44.6% |
| Fixed assets | 21/28 | €520,143 | €583,741 | +€63,599 | +12.2% |
| Intangible fixed assets | 21 | €18,047 | €7,734 | -€10,313 | -57.1% |
| Tangible fixed assets | 22/27 | €502,096 | €576,007 | +€73,911 | +14.7% |
| Land and buildings | 22 | €445,538 | €426,945 | -€18,593 | -4.2% |
| Plant, machinery and equipment | 23 | €11,952 | €11,421 | -€531 | -4.4% |
| Furniture and vehicles | 24 | €40,385 | €13,905 | -€26,480 | -65.6% |
| Leasing and similar rights | 25 | €4,221 | €123,736 | +€119,515 | +2,832% |
| Current assets | 29/58 | €122,031 | €344,583 | +€222,552 | +182% |
| Amounts receivable within one year | 40/41 | €21,304 | €12,869 | -€8,435 | -39.6% |
| Other amounts receivable | 41 | €21,304 | €12,869 | -€8,435 | -39.6% |
| Cash at bank and in hand | 54/58 | €96,722 | €316,554 | +€219,832 | +227% |
| Deferred charges and accrued income | 490/1 | €4,005 | €15,159 | +€11,154 | +279% |
| Total equity and liabilities | 10/49 | €642,173 | €928,324 | +€286,150 | +44.6% |
| Equity | 10/15 | €143,826 | €68,447 | -€75,379 | -52.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €46,722 | €46,722 | = | 0.0% |
| Distributable reserves | 133 | €46,722 | €46,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,704 | €9,325 | -€75,379 | -89.0% |
| Amounts payable | 17/49 | €498,347 | €859,877 | +€361,530 | +72.5% |
| Amounts payable after more than one year | 17 | €371,764 | €415,745 | +€43,981 | +11.8% |
| Financial debts | 170/4 | €371,764 | €415,745 | +€43,981 | +11.8% |
| Amounts payable within one year | 42/48 | €126,583 | €444,132 | +€317,549 | +251% |
| Current portion of amounts payable after more than one year | 42 | €49,775 | €69,611 | +€19,836 | +39.9% |
| Trade debts | 44 | €473 | €4,851 | +€4,378 | +925% |
| Suppliers | 440/4 | €473 | €4,851 | +€4,378 | +925% |
| Taxes, remuneration and social security | 45 | €5,781 | €7,842 | +€2,061 | +35.7% |
| Taxes | 450/3 | €2,440 | €4,000 | +€1,560 | +63.9% |
| Remuneration and social security | 454/9 | €3,341 | €3,842 | +€501 | +15.0% |
| Other amounts payable | 47/48 | €70,554 | €361,829 | +€291,274 | +413% |
| Remuneration, social security and pensions | 62 | €36,540 | €36,339 | -€202 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,053 | €62,790 | +€11,737 | +23.0% |
| Other operating charges | 640/8 | €6,904 | €8,520 | +€1,616 | +23.4% |
| Non-recurring operating charges | 66A | - | €68 | +€68 | |
| Gross operating margin | 9900 | €210,765 | €457,767 | +€247,002 | +117% |
| Operating profit (loss) | 9901 | €116,268 | €350,051 | +€233,783 | +201% |
| Financial charges | 65/66B | €9,422 | €10,608 | +€1,186 | +12.6% |
| Recurring financial charges | 65 | €9,422 | €10,608 | +€1,186 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €106,847 | €339,443 | +€232,597 | +218% |
| Income taxes | 67/77 | €22,142 | €80,118 | +€57,976 | +262% |
| Profit (loss) for the period | 9904 | €84,704 | €259,325 | +€174,621 | +206% |
| Profit (loss) for the period to be appropriated | 9905 | €84,704 | €259,325 | +€174,621 | +206% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.