Ortho Versyck: 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 Versyck
Largest movements
- Tangible fixed assets -€113,245
down €113,245 (-13.5%), from €841,282 to €728,037
of which Plant, machinery and equipment: -€60,436
- Current investments +€68,668
up €68,668 (+8.7%), from €790,781 to €859,449
- Other debts -€121,153
down €121,153 (-9.8%), from €1.2m to €1.1m
- Trade debts +€41,730
up €41,730 (+65.9%), from €63,348 to €105,077
- Gross operating margin -€90,433
down €90,433 (-26.9%), from €336,213 to €245,780
- Financial income +€39,051
up €39,051 (+170.9%), from €22,856 to €61,906
- Taxes -€21,988
down €21,988 (-62.1%), from €35,411 to €13,422
- Financial charges +€18,366
up €18,366 (+23.8%), from €77,202 to €95,568
- Depreciation -€5,950
down €5,950 (-5.0%), from €119,195 to €113,245
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 | €2,802,422 | €2,754,566 | -€47,856 | -1.7% |
| Fixed assets | 21/28 | €841,282 | €728,037 | -€113,245 | -13.5% |
| Tangible fixed assets | 22/27 | €841,282 | €728,037 | -€113,245 | -13.5% |
| Land and buildings | 22 | €541,446 | €519,031 | -€22,415 | -4.1% |
| Plant, machinery and equipment | 23 | €167,031 | €106,595 | -€60,436 | -36.2% |
| Furniture and vehicles | 24 | €84,845 | €60,447 | -€24,399 | -28.8% |
| Other tangible fixed assets | 26 | €47,960 | €41,965 | -€5,995 | -12.5% |
| Current assets | 29/58 | €1,961,140 | €2,026,529 | +€65,389 | +3.3% |
| Amounts receivable after more than one year | 29 | €313,788 | €306,149 | -€7,639 | -2.4% |
| Other amounts receivable | 291 | €313,788 | €306,149 | -€7,639 | -2.4% |
| Amounts receivable within one year | 40/41 | €14,210 | €17,441 | +€3,231 | +22.7% |
| Other amounts receivable | 41 | €14,210 | €17,441 | +€3,231 | +22.7% |
| Current investments | 50/53 | €790,781 | €859,449 | +€68,668 | +8.7% |
| Cash at bank and in hand | 54/58 | €808,539 | €794,793 | -€13,746 | -1.7% |
| Deferred charges and accrued income | 490/1 | €33,822 | €48,697 | +€14,875 | +44.0% |
| Total equity and liabilities | 10/49 | €2,802,422 | €2,754,566 | -€47,856 | -1.7% |
| Equity | 10/15 | €1,397,949 | €1,425,073 | +€27,124 | +1.9% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €1,147,949 | €1,175,073 | +€27,124 | +2.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,147,949 | €1,175,073 | +€27,124 | +2.4% |
| Amounts payable | 17/49 | €1,404,474 | €1,329,493 | -€74,981 | -5.3% |
| Amounts payable within one year | 42/48 | €1,400,099 | €1,324,954 | -€75,145 | -5.4% |
| Financial debts | 43 | €61,835 | €76,061 | +€14,226 | +23.0% |
| Credit institutions | 430/8 | €61,835 | €76,061 | +€14,226 | +23.0% |
| Trade debts | 44 | €63,348 | €105,077 | +€41,730 | +65.9% |
| Suppliers | 440/4 | €63,348 | €105,077 | +€41,730 | +65.9% |
| Taxes, remuneration and social security | 45 | €41,189 | €31,242 | -€9,947 | -24.1% |
| Taxes | 450/3 | €28,574 | €21,462 | -€7,111 | -24.9% |
| Remuneration and social security | 454/9 | €12,615 | €9,779 | -€2,836 | -22.5% |
| Other amounts payable | 47/48 | €1,233,727 | €1,112,574 | -€121,153 | -9.8% |
| Accrued charges and deferred income | 492/3 | €4,375 | €4,539 | +€164 | +3.7% |
| Remuneration, social security and pensions | 62 | €51,252 | €51,774 | +€521 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,195 | €113,245 | -€5,950 | -5.0% |
| Other operating charges | 640/8 | €7,202 | €6,553 | -€648 | -9.0% |
| Gross operating margin | 9900 | €336,213 | €245,780 | -€90,433 | -26.9% |
| Operating profit (loss) | 9901 | €158,565 | €74,208 | -€84,356 | -53.2% |
| Financial income | 75/76B | €22,856 | €61,906 | +€39,051 | +170.9% |
| Recurring financial income | 75 | €22,856 | €61,906 | +€39,051 | +170.9% |
| Financial charges | 65/66B | €77,202 | €95,568 | +€18,366 | +23.8% |
| Recurring financial charges | 65 | €77,202 | €95,568 | +€18,366 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €104,218 | €40,547 | -€63,671 | -61.1% |
| Income taxes | 67/77 | €35,411 | €13,422 | -€21,988 | -62.1% |
| Profit (loss) for the period | 9904 | €68,807 | €27,124 | -€41,683 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,807 | €27,124 | -€41,683 | -60.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.