Ortho Technick: 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 Technick
Largest movements
- Tangible fixed assets +€228,326
up €228,326 (+1558.3%), from €14,652 to €242,979
of which Land and buildings: +€227,669
- Receivables within one year +€26,440
up €26,440 (+64.8%), from €40,809 to €67,249
of which Trade receivables: +€26,105
- Stocks and contracts +€14,332
up €14,332 (+40.8%), from €35,106 to €49,438
- Cash -€4,345
down €4,345 (-6.0%), from €72,217 to €67,872
mainly Investment in fixed assets (net) (-€234,515) and Receivables within one year (-€26,440)
- Debts after one year +€183,537
up €183,537 (+1993.9%), from €9,205 to €192,742
- Profit (loss) carried forward +€95,711
up €95,711 (+254.2%), from €37,652 to €133,363
- Other debts -€18,265
down €18,265 (-78.2%), from €23,363 to €5,098
- Tax, wage and social debts +€8,084
up €8,084 (+383.2%), from €2,110 to €10,194
of which Taxes: +€6,381
- Trade debts -€7,595
down €7,595 (-15.7%), from €48,307 to €40,712
- Gross operating margin +€69,435
up €69,435 (+86.0%), from €80,777 to €150,212
- Taxes +€16,324
up €16,324 (+167.0%), from €9,775 to €26,100
- Staff costs +€13,837
new in 2025: €13,837
- Financial charges +€5,236
up €5,236 (+453.3%), from €1,155 to €6,391
- Depreciation +€4,213
up €4,213 (+213.3%), from €1,975 to €6,189
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 | €163,133 | €431,355 | +€268,222 | +164.4% |
| Fixed assets | 21/28 | €14,652 | €242,979 | +€228,326 | +1558.3% |
| Tangible fixed assets | 22/27 | €14,652 | €242,979 | +€228,326 | +1558.3% |
| Land and buildings | 22 | - | €227,669 | +€227,669 | |
| Plant, machinery and equipment | 23 | €11,332 | €12,820 | +€1,488 | +13.1% |
| Furniture and vehicles | 24 | €3,320 | €2,490 | -€830 | -25.0% |
| Current assets | 29/58 | €148,481 | €188,376 | +€39,896 | +26.9% |
| Stocks and contracts in progress | 3 | €35,106 | €49,438 | +€14,332 | +40.8% |
| Stocks | 30/36 | €35,106 | €49,438 | +€14,332 | +40.8% |
| Amounts receivable within one year | 40/41 | €40,809 | €67,249 | +€26,440 | +64.8% |
| Trade receivables | 40 | €40,809 | €66,915 | +€26,105 | +64.0% |
| Other amounts receivable | 41 | €0 | €334 | +€334 | |
| Cash at bank and in hand | 54/58 | €72,217 | €67,872 | -€4,345 | -6.0% |
| Deferred charges and accrued income | 490/1 | €348 | €3,818 | +€3,469 | +996.0% |
| Total equity and liabilities | 10/49 | €163,133 | €431,355 | +€268,222 | +164.4% |
| Equity | 10/15 | €77,652 | €173,363 | +€95,711 | +123.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,652 | €133,363 | +€95,711 | +254.2% |
| Amounts payable | 17/49 | €85,482 | €257,993 | +€172,511 | +201.8% |
| Amounts payable after more than one year | 17 | €9,205 | €192,742 | +€183,537 | +1993.9% |
| Financial debts | 170/4 | €9,205 | €192,742 | +€183,537 | +1993.9% |
| Amounts payable within one year | 42/48 | €76,110 | €65,250 | -€10,860 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €2,330 | €9,246 | +€6,916 | +296.8% |
| Trade debts | 44 | €48,307 | €40,712 | -€7,595 | -15.7% |
| Suppliers | 440/4 | €48,307 | €40,712 | -€7,595 | -15.7% |
| Taxes, remuneration and social security | 45 | €2,110 | €10,194 | +€8,084 | +383.2% |
| Taxes | 450/3 | €2,110 | €8,491 | +€6,381 | +302.5% |
| Remuneration and social security | 454/9 | €0 | €1,703 | +€1,703 | |
| Other amounts payable | 47/48 | €23,363 | €5,098 | -€18,265 | -78.2% |
| Accrued charges and deferred income | 492/3 | €167 | €0 | -€167 | -100.0% |
| Non-recurring operating income | 76A | - | €273 | +€273 | |
| Remuneration, social security and pensions | 62 | - | €13,837 | +€13,837 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,975 | €6,189 | +€4,213 | +213.3% |
| Other operating charges | 640/8 | €366 | €2,025 | +€1,659 | +453.3% |
| Gross operating margin | 9900 | €80,777 | €150,212 | +€69,435 | +86.0% |
| Operating profit (loss) | 9901 | €78,436 | €128,162 | +€49,725 | +63.4% |
| Financial income | 75/76B | €30 | €40 | +€10 | +32.6% |
| Recurring financial income | 75 | €30 | €40 | +€10 | +32.6% |
| Financial charges | 65/66B | €1,155 | €6,391 | +€5,236 | +453.3% |
| Recurring financial charges | 65 | €1,155 | €6,391 | +€5,236 | +453.3% |
| Profit (loss) for the period before taxes | 9903 | €77,311 | €121,811 | +€44,499 | +57.6% |
| Income taxes | 67/77 | €9,775 | €26,100 | +€16,324 | +167.0% |
| Profit (loss) for the period | 9904 | €67,536 | €95,711 | +€28,175 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,536 | €95,711 | +€28,175 | +41.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.