Ortho SoHo: what changed
Ortho SoHo
Largest movements
- Tangible fixed assets -€35,526
down €35,526 (-2.7%), from €1.3m to €1.3m
of which Plant, machinery and equipment: -€19,300
- Cash +€30,805
up €30,805 (+257%), from €11,965 to €42,770
mainly Net result for the year (+€93,037) and Other debts (+€80,407)
- Intangible fixed assets -€17,500
down €17,500 (-41.1%), from €42,600 to €25,100
- Other debts +€80,407
up €80,407 (+58.8%), from €136,712 to €217,118
- Debts after one year -€68,197
down €68,197 (-7.0%), from €972,087 to €903,890
- Reserves -€30,083
down €30,083 (-20.9%), from €143,774 to €113,691
of which Distributable reserves: -€30,083
- Trade debts -€29,143
down €29,143 (-78.0%), from €37,350 to €8,207
- Profit (loss) carried forward +€17,753
no longer reported in 2025 (was -€17,753)
- Gross operating margin +€191,530
up €191,530 (+191%), from €100,396 to €291,926
- Staff costs +€42,935
up €42,935 (+107%), from €40,226 to €83,161
- Depreciation +€19,977
up €19,977 (+34.8%), from €57,476 to €77,454
- Taxes +€11,459
up €11,459 (+8,176%), from €140 to €11,599
- Financial charges +€4,320
up €4,320 (+25.0%), from €17,300 to €21,620
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,373,909 | €1,356,559 | -€17,350 | -1.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,343,485 | €1,290,459 | -€53,026 | -3.9% |
| Intangible fixed assets | 21 | €42,600 | €25,100 | -€17,500 | -41.1% |
| Tangible fixed assets | 22/27 | €1,300,885 | €1,265,359 | -€35,526 | -2.7% |
| Land and buildings | 22 | €1,105,946 | €1,095,896 | -€10,050 | -0.9% |
| Plant, machinery and equipment | 23 | €177,433 | €158,133 | -€19,300 | -10.9% |
| Furniture and vehicles | 24 | €17,507 | €11,330 | -€6,177 | -35.3% |
| Current assets | 29/58 | €30,425 | €66,100 | +€35,676 | +117% |
| Stocks and contracts in progress | 3 | €6,786 | €10,513 | +€3,727 | +54.9% |
| Stocks | 30/36 | €6,786 | €10,513 | +€3,727 | +54.9% |
| Amounts receivable within one year | 40/41 | €6,764 | €4,867 | -€1,898 | -28.1% |
| Trade receivables | 40 | €39 | €7 | -€32 | -82.4% |
| Other amounts receivable | 41 | €6,726 | €4,860 | -€1,866 | -27.7% |
| Cash at bank and in hand | 54/58 | €11,965 | €42,770 | +€30,805 | +257% |
| Deferred charges and accrued income | 490/1 | €4,909 | €7,951 | +€3,042 | +62.0% |
| Total equity and liabilities | 10/49 | €1,373,909 | €1,356,559 | -€17,350 | -1.3% |
| Equity | 10/15 | €144,621 | €132,291 | -€12,330 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €143,774 | €113,691 | -€30,083 | -20.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €143,774 | €113,691 | -€30,083 | -20.9% |
| Profit (loss) carried forward | 14 | -€17,753 | - | +€17,753 | |
| Amounts payable | 17/49 | €1,229,289 | €1,224,268 | -€5,021 | -0.4% |
| Amounts payable after more than one year | 17 | €972,087 | €903,890 | -€68,197 | -7.0% |
| Financial debts | 170/4 | €972,087 | €903,890 | -€68,197 | -7.0% |
| Amounts payable within one year | 42/48 | €256,720 | €317,643 | +€60,923 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €68,771 | €70,589 | +€1,818 | +2.6% |
| Trade debts | 44 | €37,350 | €8,207 | -€29,143 | -78.0% |
| Suppliers | 440/4 | €37,350 | €8,207 | -€29,143 | -78.0% |
| Taxes, remuneration and social security | 45 | €13,886 | €21,728 | +€7,842 | +56.5% |
| Taxes | 450/3 | €3,000 | €6,360 | +€3,360 | +112% |
| Remuneration and social security | 454/9 | €10,886 | €15,368 | +€4,482 | +41.2% |
| Other amounts payable | 47/48 | €136,712 | €217,118 | +€80,407 | +58.8% |
| Accrued charges and deferred income | 492/3 | €482 | €2,735 | +€2,253 | +468% |
| Remuneration, social security and pensions | 62 | €40,226 | €83,161 | +€42,935 | +107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,476 | €77,454 | +€19,977 | +34.8% |
| Other operating charges | 640/8 | €3,012 | €5,055 | +€2,044 | +67.9% |
| Gross operating margin | 9900 | €100,396 | €291,926 | +€191,530 | +191% |
| Operating profit (loss) | 9901 | -€318 | €126,256 | +€126,574 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €17,300 | €21,620 | +€4,320 | +25.0% |
| Recurring financial charges | 65 | €17,300 | €21,620 | +€4,320 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,613 | €104,636 | +€122,249 | |
| Income taxes | 67/77 | €140 | €11,599 | +€11,459 | +8,176% |
| Profit (loss) for the period | 9904 | -€17,753 | €93,037 | +€110,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,753 | €93,037 | +€110,790 |
Next steps
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 7 November 2026 via checked.be.