ORTHO ROELS: 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 ROELS
Largest movements
- Current investments +€103,849
up €103,849 (+16.4%), from €634,597 to €738,446
- Cash +€56,689
up €56,689 (+73.5%), from €77,163 to €133,851
mainly Net result for the year (+€203,508) and Depreciation (+€42,688)
- Reserves +€68,326
up €68,326 (+9.2%), from €740,213 to €808,539
- Other debts +€30,753
up €30,753 (+1,442%), from €2,133 to €32,886
- Tax, wage and social debts +€25,155
up €25,155 (+154%), from €16,296 to €41,451
of which Taxes: +€24,711
- Debts after one year +€20,214
up €20,214 (+15.4%), from €131,548 to €151,762
- Gross operating margin +€111,021
up €111,021 (+38.4%), from €289,005 to €400,027
- Taxes +€39,830
up €39,830 (+82.6%), from €48,201 to €88,032
- Other operating charges -€28,935
down €28,935 (-88.7%), from €32,616 to €3,680
- Depreciation +€12,907
up €12,907 (+43.3%), from €29,782 to €42,688
- Financial income +€10,505
up €10,505 (+53.2%), from €19,742 to €30,247
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 | €940,496 | €1,096,657 | +€156,161 | +16.6% |
| Fixed assets | 21/28 | €226,358 | €223,233 | -€3,125 | -1.4% |
| Tangible fixed assets | 22/27 | €226,280 | €223,155 | -€3,125 | -1.4% |
| Land and buildings | 22 | €172,347 | €146,452 | -€25,895 | -15.0% |
| Plant, machinery and equipment | 23 | €45,900 | €63,410 | +€17,510 | +38.1% |
| Furniture and vehicles | 24 | €8,033 | €13,293 | +€5,260 | +65.5% |
| Financial fixed assets | 28 | €78 | €78 | = | 0.0% |
| Current assets | 29/58 | €714,137 | €873,424 | +€159,286 | +22.3% |
| Current investments | 50/53 | €634,597 | €738,446 | +€103,849 | +16.4% |
| Cash at bank and in hand | 54/58 | €77,163 | €133,851 | +€56,689 | +73.5% |
| Deferred charges and accrued income | 490/1 | €2,378 | €1,126 | -€1,251 | -52.6% |
| Total equity and liabilities | 10/49 | €940,496 | €1,096,657 | +€156,161 | +16.6% |
| Equity | 10/15 | €746,451 | €814,777 | +€68,326 | +9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €740,213 | €808,539 | +€68,326 | +9.2% |
| Distributable reserves | 133 | €740,213 | €808,539 | +€68,326 | +9.2% |
| Profit (loss) carried forward | 14 | €38 | €38 | = | 0.0% |
| Amounts payable | 17/49 | €194,044 | €281,880 | +€87,835 | +45.3% |
| Amounts payable after more than one year | 17 | €131,548 | €151,762 | +€20,214 | +15.4% |
| Financial debts | 170/4 | €131,548 | €151,762 | +€20,214 | +15.4% |
| Amounts payable within one year | 42/48 | €62,497 | €130,118 | +€67,621 | +108% |
| Current portion of amounts payable after more than one year | 42 | €37,241 | €47,790 | +€10,549 | +28.3% |
| Trade debts | 44 | €6,827 | €7,991 | +€1,164 | +17.1% |
| Suppliers | 440/4 | €6,827 | €7,991 | +€1,164 | +17.1% |
| Taxes, remuneration and social security | 45 | €16,296 | €41,451 | +€25,155 | +154% |
| Taxes | 450/3 | €3,201 | €27,913 | +€24,711 | +772% |
| Remuneration and social security | 454/9 | €13,095 | €13,538 | +€444 | +3.4% |
| Other amounts payable | 47/48 | €2,133 | €32,886 | +€30,753 | +1,442% |
| Non-recurring operating income | 76A | €8,397 | - | -€8,397 | |
| Remuneration, social security and pensions | 62 | €78,490 | €80,134 | +€1,643 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,782 | €42,688 | +€12,907 | +43.3% |
| Other operating charges | 640/8 | €32,616 | €3,680 | -€28,935 | -88.7% |
| Gross operating margin | 9900 | €289,005 | €400,027 | +€111,021 | +38.4% |
| Operating profit (loss) | 9901 | €148,118 | €273,524 | +€125,407 | +84.7% |
| Financial income | 75/76B | €19,742 | €30,247 | +€10,505 | +53.2% |
| Recurring financial income | 75 | €19,742 | €30,247 | +€10,505 | +53.2% |
| Financial charges | 65/66B | €2,336 | €12,231 | +€9,895 | +424% |
| Recurring financial charges | 65 | €2,336 | €12,231 | +€9,895 | +424% |
| Profit (loss) for the period before taxes | 9903 | €165,524 | €291,540 | +€126,017 | +76.1% |
| Income taxes | 67/77 | €48,201 | €88,032 | +€39,830 | +82.6% |
| Profit (loss) for the period | 9904 | €117,322 | €203,508 | +€86,186 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €117,322 | €203,508 | +€86,186 | +73.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.