Ortho-Praxis: 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-Praxis
Largest movements
- Cash -€306,053
down €306,053 (-90.3%), from €339,077 to €33,024
mainly Accrued charges and deferred income (-€400,000) and Debts after one year (-€160,907)
- Intangible fixed assets -€150,733
down €150,733 (-11.2%), from €1.4m to €1.2m
- Receivables within one year -€104,488
down €104,488 (-33.6%), from €310,861 to €206,372
of which Other amounts receivable: -€236,124
- Accrued charges and deferred income -€400,000
no longer reported in 2025 (was €400,000)
- Debts after one year -€160,907
down €160,907 (-12.9%), from €1.3m to €1.1m
- Trade debts +€95,747
up €95,747 (+163%), from €58,627 to €154,375
- Current portion of long-term debt -€53,640
down €53,640 (-25.0%), from €214,547 to €160,907
- Tax, wage and social debts -€34,898
down €34,898 (-33.0%), from €105,626 to €70,728
of which Taxes: -€39,507
- Staff costs +€26,090
up €26,090 (+5.8%), from €451,532 to €477,623
- Financial charges +€24,250
up €24,250 (+65.5%), from €37,033 to €61,284
- Taxes -€8,912
down €8,912 (-49.5%), from €17,999 to €9,087
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 | €2,092,309 | €1,543,106 | -€549,202 | -26.2% |
| Fixed assets | 21/28 | €1,439,970 | €1,301,915 | -€138,055 | -9.6% |
| Intangible fixed assets | 21 | €1,351,631 | €1,200,898 | -€150,733 | -11.2% |
| Tangible fixed assets | 22/27 | €88,339 | €101,017 | +€12,678 | +14.4% |
| Plant, machinery and equipment | 23 | €82,104 | €69,094 | -€13,009 | -15.8% |
| Furniture and vehicles | 24 | €6,235 | €11,556 | +€5,321 | +85.3% |
| Other tangible fixed assets | 26 | - | €20,366 | +€20,366 | |
| Current assets | 29/58 | €652,339 | €241,192 | -€411,147 | -63.0% |
| Amounts receivable within one year | 40/41 | €310,861 | €206,372 | -€104,488 | -33.6% |
| Trade receivables | 40 | - | €131,636 | +€131,636 | |
| Other amounts receivable | 41 | €310,861 | €74,736 | -€236,124 | -76.0% |
| Cash at bank and in hand | 54/58 | €339,077 | €33,024 | -€306,053 | -90.3% |
| Deferred charges and accrued income | 490/1 | €2,401 | €1,796 | -€605 | -25.2% |
| Total equity and liabilities | 10/49 | €2,092,309 | €1,543,106 | -€549,202 | -26.2% |
| Equity | 10/15 | €63,054 | €67,550 | +€4,495 | +7.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,054 | €47,550 | +€4,495 | +10.4% |
| Amounts payable | 17/49 | €2,029,254 | €1,475,557 | -€553,698 | -27.3% |
| Amounts payable after more than one year | 17 | €1,250,454 | €1,089,547 | -€160,907 | -12.9% |
| Financial debts | 170/4 | €1,250,454 | €1,089,547 | -€160,907 | -12.9% |
| Amounts payable within one year | 42/48 | €378,800 | €386,010 | +€7,209 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €214,547 | €160,907 | -€53,640 | -25.0% |
| Trade debts | 44 | €58,627 | €154,375 | +€95,747 | +163% |
| Suppliers | 440/4 | €58,627 | €154,375 | +€95,747 | +163% |
| Taxes, remuneration and social security | 45 | €105,626 | €70,728 | -€34,898 | -33.0% |
| Taxes | 450/3 | €58,718 | €19,211 | -€39,507 | -67.3% |
| Remuneration and social security | 454/9 | €46,908 | €51,517 | +€4,609 | +9.8% |
| Accrued charges and deferred income | 492/3 | €400,000 | - | -€400,000 | |
| Remuneration, social security and pensions | 62 | €451,532 | €477,623 | +€26,090 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,667 | €176,095 | +€4,428 | +2.6% |
| Other operating charges | 640/8 | €2,402 | €1,939 | -€463 | -19.3% |
| Gross operating margin | 9900 | €723,291 | €730,522 | +€7,231 | +1.0% |
| Operating profit (loss) | 9901 | €97,689 | €74,865 | -€22,824 | -23.4% |
| Financial income | 75/76B | €397 | €1 | -€396 | -99.8% |
| Recurring financial income | 75 | €397 | €1 | -€396 | -99.8% |
| Financial charges | 65/66B | €37,033 | €61,284 | +€24,250 | +65.5% |
| Recurring financial charges | 65 | €37,033 | €61,284 | +€24,250 | +65.5% |
| Profit (loss) for the period before taxes | 9903 | €61,053 | €13,582 | -€47,471 | -77.8% |
| Income taxes | 67/77 | €17,999 | €9,087 | -€8,912 | -49.5% |
| Profit (loss) for the period | 9904 | €43,054 | €4,495 | -€38,559 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,054 | €4,495 | -€38,559 | -89.6% |
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 18 October 2026 via checked.be.