ORTHO SUPPLY: 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 SUPPLY
Largest movements
- Receivables within one year +€18,781
up €18,781 (+37.6%), from €49,888 to €68,669
of which Trade receivables: +€25,278
- Cash -€9,765
down €9,765 (-39.1%), from €24,977 to €15,212
mainly Receivables within one year (-€18,781) and Other debts (-€6,007)
- Tangible fixed assets -€4,357
down €4,357 (-51.6%), from €8,440 to €4,083
of which Land and buildings: -€2,285
- Stocks and contracts -€3,650
down €3,650 (-3.4%), from €106,265 to €102,615
- Profit (loss) carried forward +€18,129
up €18,129 (+33.4%), from €54,356 to €72,485
- Other debts -€6,007
down €6,007 (-24.6%), from €24,415 to €18,408
- Trade debts -€5,397
down €5,397 (-8.1%), from €66,375 to €60,977
- Current portion of long-term debt -€5,179
down €5,179 (-85.9%), from €6,032 to €853
- Taxes -€10,761
down €10,761 (-71.7%), from €15,000 to €4,239
- Staff costs +€7,697
up €7,697 (+5.8%), from €132,928 to €140,626
- Gross operating margin -€3,091
down €3,091 (-1.7%), from €180,236 to €177,145
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 | €189,570 | €190,579 | +€1,009 | +0.5% |
| Fixed assets | 21/28 | €8,440 | €4,083 | -€4,357 | -51.6% |
| Tangible fixed assets | 22/27 | €8,440 | €4,083 | -€4,357 | -51.6% |
| Land and buildings | 22 | €3,495 | €1,210 | -€2,285 | -65.4% |
| Plant, machinery and equipment | 23 | €1,828 | €1,456 | -€372 | -20.3% |
| Furniture and vehicles | 24 | €3,117 | €1,417 | -€1,700 | -54.5% |
| Current assets | 29/58 | €181,130 | €186,496 | +€5,366 | +3.0% |
| Stocks and contracts in progress | 3 | €106,265 | €102,615 | -€3,650 | -3.4% |
| Stocks | 30/36 | €106,265 | €102,615 | -€3,650 | -3.4% |
| Amounts receivable within one year | 40/41 | €49,888 | €68,669 | +€18,781 | +37.6% |
| Trade receivables | 40 | €37,879 | €63,157 | +€25,278 | +66.7% |
| Other amounts receivable | 41 | €12,009 | €5,511 | -€6,498 | -54.1% |
| Cash at bank and in hand | 54/58 | €24,977 | €15,212 | -€9,765 | -39.1% |
| Total equity and liabilities | 10/49 | €189,570 | €190,579 | +€1,009 | +0.5% |
| Equity | 10/15 | €84,816 | €102,945 | +€18,129 | +21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,356 | €72,485 | +€18,129 | +33.4% |
| Amounts payable | 17/49 | €104,754 | €87,634 | -€17,120 | -16.3% |
| Amounts payable within one year | 42/48 | €104,754 | €87,634 | -€17,120 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €6,032 | €853 | -€5,179 | -85.9% |
| Trade debts | 44 | €66,375 | €60,977 | -€5,397 | -8.1% |
| Suppliers | 440/4 | €66,375 | €60,977 | -€5,397 | -8.1% |
| Taxes, remuneration and social security | 45 | €7,932 | €7,396 | -€537 | -6.8% |
| Taxes | 450/3 | €7,932 | €7,396 | -€537 | -6.8% |
| Other amounts payable | 47/48 | €24,415 | €18,408 | -€6,007 | -24.6% |
| Remuneration, social security and pensions | 62 | €132,928 | €140,626 | +€7,697 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,284 | €4,357 | +€73 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,000 | €5,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,337 | €1,207 | -€130 | -9.8% |
| Gross operating margin | 9900 | €180,236 | €177,145 | -€3,091 | -1.7% |
| Operating profit (loss) | 9901 | €36,687 | €25,955 | -€10,732 | -29.3% |
| Financial income | 75/76B | €11 | €178 | +€167 | +1,460% |
| Recurring financial income | 75 | €11 | €178 | +€167 | +1,460% |
| Non-recurring financial income | 76B | €11 | - | -€11 | |
| Financial charges | 65/66B | €5,065 | €3,766 | -€1,299 | -25.7% |
| Recurring financial charges | 65 | €5,065 | €3,766 | -€1,299 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €31,633 | €22,368 | -€9,265 | -29.3% |
| Income taxes | 67/77 | €15,000 | €4,239 | -€10,761 | -71.7% |
| Profit (loss) for the period | 9904 | €16,633 | €18,129 | +€1,496 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,633 | €18,129 | +€1,496 | +9.0% |
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 27 October 2026 via checked.be.