Ortho-Hasselt: what changed
What changed
Ortho-Hasselt
filed annual accounts (NBB)
Net result for the year
-€13,561
2024 · -€6,821-€6,740
Equity
€192,750
2024 · €206,311-€13,561
Cash
€62,070
2024 · €73,506-€11,436
Balance sheet total
€194,713
2024 · €207,291-€12,579
Largest movements
Assets
- Cash -€11,436
down €11,436 (-15.6%), from €73,506 to €62,070
mainly Net result for the year (-€13,561) and Receivables within one year (-€87)
Equity and liabilities
- Profit (loss) carried forward -€13,561
down €13,561, from €8,708 to -€4,853
Income statement
- Gross operating margin -€5,993
down €5,993 (-113%), from -€5,303 to -€11,296
- Financial income -€997
down €997 (-32.2%), from €3,102 to €2,105
- Depreciation -€500
down €500 (-46.0%), from €1,088 to €588
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
-€6,821
Gross operating margin
-€5,993
Depreciation
+€500
Other operating charges
-€98
Other operating items
-€150
Financial income
-€997
Financial charges
-€2
Result 2025
-€13,561
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
-€11,586
Investment
+€150
Financing
€0
Cash 2024
€73,506
From operations (derived)
-€11,586
Net result for the year
-€13,561
Depreciation
+€588
Receivables within one year
-€87
Deferred charges and accrued income
+€492
Trade debts
+€973
Other debts
+€9
Investment (derived)
+€150
Investment in fixed assets (net)
+€150
Cash 2025
€62,070
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,291 | €194,713 | -€12,579 | -6.1% |
| Fixed assets | 21/28 | €100,483 | €99,745 | -€738 | -0.7% |
| Tangible fixed assets | 22/27 | €100,483 | €99,745 | -€738 | -0.7% |
| Land and buildings | 22 | €100,333 | €99,745 | -€588 | -0.6% |
| Plant, machinery and equipment | 23 | €150 | €0 | -€150 | -100% |
| Current assets | 29/58 | €106,808 | €94,967 | -€11,841 | -11.1% |
| Amounts receivable within one year | 40/41 | €931 | €1,018 | +€87 | +9.4% |
| Other amounts receivable | 41 | €931 | €1,018 | +€87 | +9.4% |
| Current investments | 50/53 | €31,550 | €31,550 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,506 | €62,070 | -€11,436 | -15.6% |
| Deferred charges and accrued income | 490/1 | €822 | €330 | -€492 | -59.9% |
| Total equity and liabilities | 10/49 | €207,291 | €194,713 | -€12,579 | -6.1% |
| Equity | 10/15 | €206,311 | €192,750 | -€13,561 | -6.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €135,603 | €135,603 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,652 | €20,652 | = | 0.0% |
| Legal reserve | 130 | €20,652 | €20,652 | = | 0.0% |
| Distributable reserves | 133 | €114,952 | €114,952 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,708 | -€4,853 | -€13,561 | |
| Amounts payable | 17/49 | €980 | €1,962 | +€982 | +100% |
| Amounts payable within one year | 42/48 | €980 | €1,962 | +€982 | +100% |
| Trade debts | 44 | €980 | €1,953 | +€973 | +99.3% |
| Suppliers | 440/4 | €980 | €1,953 | +€973 | +99.3% |
| Other amounts payable | 47/48 | - | €9 | +€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,088 | €588 | -€500 | -46.0% |
| Other operating charges | 640/8 | €3,504 | €3,602 | +€98 | +2.8% |
| Non-recurring operating charges | 66A | - | €150 | +€150 | |
| Gross operating margin | 9900 | -€5,303 | -€11,296 | -€5,993 | -113% |
| Operating profit (loss) | 9901 | -€9,894 | -€15,635 | -€5,741 | -58.0% |
| Financial income | 75/76B | €3,102 | €2,105 | -€997 | -32.2% |
| Recurring financial income | 75 | €3,102 | €2,105 | -€997 | -32.2% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,821 | -€13,561 | -€6,740 | -98.8% |
| Profit (loss) for the period | 9904 | -€6,821 | -€13,561 | -€6,740 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,821 | -€13,561 | -€6,740 | -98.8% |
Next steps
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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 1 November 2026 via checked.be.