Ortho Samain: 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 Samain
Largest movements
- Cash +€209,486
up €209,486 (+131%), from €159,372 to €368,857
mainly Net result for the year (+€136,316) and Tax, wage and social debts (+€51,530)
- Intangible fixed assets -€21,500
down €21,500 (-12.5%), from €172,000 to €150,500
- Deferred charges and accrued income -€9,093
down €9,093 (-42.5%), from €21,404 to €12,311
- Reserves +€136,316
up €136,316 (+49.7%), from €274,439 to €410,755
- Tax, wage and social debts +€51,530
up €51,530 (+80.5%), from €64,050 to €115,579
of which Taxes: +€55,530
- Debts after one year -€7,784
down €7,784 (-37.5%), from €20,778 to €12,994
- Gross operating margin +€10,973
up €10,973 (+5.0%), from €217,987 to €228,960
- Taxes +€3,080
up €3,080 (+5.5%), from €56,250 to €59,330
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 | €383,816 | €561,635 | +€177,819 | +46.3% |
| Formation expenses | 20 | €660 | €455 | -€205 | -31.0% |
| Fixed assets | 21/28 | €202,380 | €180,011 | -€22,369 | -11.1% |
| Intangible fixed assets | 21 | €172,000 | €150,500 | -€21,500 | -12.5% |
| Tangible fixed assets | 22/27 | €30,380 | €29,511 | -€869 | -2.9% |
| Furniture and vehicles | 24 | €30,380 | €29,511 | -€869 | -2.9% |
| Current assets | 29/58 | €180,776 | €381,168 | +€200,392 | +111% |
| Cash at bank and in hand | 54/58 | €159,372 | €368,857 | +€209,486 | +131% |
| Deferred charges and accrued income | 490/1 | €21,404 | €12,311 | -€9,093 | -42.5% |
| Total equity and liabilities | 10/49 | €383,816 | €561,635 | +€177,819 | +46.3% |
| Equity | 10/15 | €276,439 | €412,755 | +€136,316 | +49.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €274,439 | €410,755 | +€136,316 | +49.7% |
| Distributable reserves | 133 | €274,439 | €410,755 | +€136,316 | +49.7% |
| Amounts payable | 17/49 | €107,377 | €148,880 | +€41,503 | +38.7% |
| Amounts payable after more than one year | 17 | €20,778 | €12,994 | -€7,784 | -37.5% |
| Financial debts | 170/4 | €20,778 | €12,994 | -€7,784 | -37.5% |
| Amounts payable within one year | 42/48 | €86,599 | €135,886 | +€49,287 | +56.9% |
| Current portion of amounts payable after more than one year | 42 | €6,860 | €7,784 | +€923 | +13.5% |
| Trade debts | 44 | €3,477 | €3,287 | -€190 | -5.5% |
| Suppliers | 440/4 | €3,477 | €3,287 | -€190 | -5.5% |
| Taxes, remuneration and social security | 45 | €64,050 | €115,579 | +€51,530 | +80.5% |
| Taxes | 450/3 | €60,050 | €115,579 | +€55,530 | +92.5% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €12,212 | €9,236 | -€2,976 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,856 | €31,229 | +€1,373 | +4.6% |
| Other operating charges | 640/8 | €891 | €298 | -€594 | -66.6% |
| Gross operating margin | 9900 | €217,987 | €228,960 | +€10,973 | +5.0% |
| Operating profit (loss) | 9901 | €187,240 | €197,433 | +€10,193 | +5.4% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €1,377 | €1,788 | +€411 | +29.8% |
| Recurring financial charges | 65 | €1,377 | €1,788 | +€411 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €185,871 | €195,646 | +€9,775 | +5.3% |
| Income taxes | 67/77 | €56,250 | €59,330 | +€3,080 | +5.5% |
| Profit (loss) for the period | 9904 | €129,621 | €136,316 | +€6,694 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €129,621 | €136,316 | +€6,694 | +5.2% |
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 22 October 2026 via checked.be.