ORTHO.PROGRESS: 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.PROGRESS
Largest movements
- Cash -€70,208
down €70,208 (-14.0%), from €500,939 to €430,731
mainly Net result for the year (-€58,278) and Receivables within one year (-€52,767)
- Tangible fixed assets -€60,040
down €60,040 (-15.2%), from €395,768 to €335,728
of which Land and buildings: -€58,477
- Receivables within one year +€52,767
up €52,767 (+185.8%), from €28,392 to €81,159
of which Other amounts receivable: +€52,767
- Reserves -€58,278
down €58,278 (-5.7%), from €1.0m to €972,958
of which Distributable reserves: -€58,278
- Tax, wage and social debts -€26,401
down €26,401 (-100.0%), from €26,401 to €0
of which Taxes: -€26,401
- Gross operating margin -€253,459
down €253,459 (-99.5%), from €254,807 to €1,348
- Taxes -€56,828
down €56,828 (-100.0%), from €56,828 to €0
- Financial income +€3,445
up €3,445 (+241.9%), from €1,424 to €4,869
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 | €1,125,100 | €1,049,495 | -€75,606 | -6.7% |
| Fixed assets | 21/28 | €395,768 | €335,728 | -€60,040 | -15.2% |
| Tangible fixed assets | 22/27 | €395,768 | €335,728 | -€60,040 | -15.2% |
| Land and buildings | 22 | €391,502 | €333,025 | -€58,477 | -14.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,267 | €2,703 | -€1,563 | -36.6% |
| Current assets | 29/58 | €729,332 | €713,766 | -€15,565 | -2.1% |
| Amounts receivable within one year | 40/41 | €28,392 | €81,159 | +€52,767 | +185.8% |
| Trade receivables | 40 | €12,500 | €12,500 | = | 0.0% |
| Other amounts receivable | 41 | €15,892 | €68,659 | +€52,767 | +332.0% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €500,939 | €430,731 | -€70,208 | -14.0% |
| Deferred charges and accrued income | 490/1 | - | €1,876 | +€1,876 | |
| Total equity and liabilities | 10/49 | €1,125,100 | €1,049,495 | -€75,606 | -6.7% |
| Equity | 10/15 | €1,093,236 | €1,034,958 | -€58,278 | -5.3% |
| 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 | €1,031,236 | €972,958 | -€58,278 | -5.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,454 | €19,454 | = | 0.0% |
| Distributable reserves | 133 | €1,005,582 | €947,304 | -€58,278 | -5.8% |
| Amounts payable | 17/49 | €31,864 | €14,537 | -€17,327 | -54.4% |
| Amounts payable within one year | 42/48 | €31,864 | €14,537 | -€17,327 | -54.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,252 | €14,325 | +€9,074 | +172.8% |
| Suppliers | 440/4 | €5,252 | €14,325 | +€9,074 | +172.8% |
| Taxes, remuneration and social security | 45 | €26,401 | €0 | -€26,401 | -100.0% |
| Taxes | 450/3 | €26,401 | €0 | -€26,401 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €212 | €212 | = | 0.0% |
| Non-recurring operating income | 76A | €269,119 | €0 | -€269,119 | -100.0% |
| Remuneration, social security and pensions | 62 | -€701 | €0 | +€701 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,856 | €60,040 | -€1,816 | -2.9% |
| Other operating charges | 640/8 | €4,148 | €4,409 | +€261 | +6.3% |
| Non-recurring operating charges | 66A | €13,381 | €0 | -€13,381 | -100.0% |
| Gross operating margin | 9900 | €254,807 | €1,348 | -€253,459 | -99.5% |
| Operating profit (loss) | 9901 | €176,122 | -€63,101 | -€239,223 | |
| Financial income | 75/76B | €1,424 | €4,869 | +€3,445 | +241.9% |
| Recurring financial income | 75 | €1,424 | €4,869 | +€3,445 | +241.9% |
| Financial charges | 65/66B | €878 | €46 | -€832 | -94.8% |
| Recurring financial charges | 65 | €878 | €46 | -€832 | -94.8% |
| Profit (loss) for the period before taxes | 9903 | €176,667 | -€58,278 | -€234,946 | |
| Income taxes | 67/77 | €56,828 | €0 | -€56,828 | -100.0% |
| Profit (loss) for the period | 9904 | €119,839 | -€58,278 | -€178,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €119,839 | -€58,278 | -€178,118 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.