ORTHOCLAIM: 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.
ORTHOCLAIM
Largest movements
- Receivables within one year +€191,236
up €191,236 (+18.3%), from €1.0m to €1.2m
of which Other amounts receivable: +€156,268
- Deferred charges and accrued income -€43,697
down €43,697 (-94.6%), from €46,206 to €2,508
- Cash -€34,085
down €34,085 (-49.1%), from €69,400 to €35,315
mainly Contributions, distributions and other (-€418,730) and Receivables within one year (-€191,236)
- Tangible fixed assets +€22,444
up €22,444 (+2.7%), from €822,173 to €844,617
of which Other tangible fixed assets: +€85,075
- Other debts +€234,660
up €234,660 (+2,050%), from €11,448 to €246,108
- Reserves -€79,732
down €79,732 (-5.6%), from €1.4m to €1.3m
of which Distributable reserves: -€62,232
- Gross operating margin +€8,600
up €8,600 (+1.5%), from €583,751 to €592,351
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 | €2,047,813 | €2,183,710 | +€135,897 | +6.6% |
| Fixed assets | 21/28 | €886,343 | €908,787 | +€22,444 | +2.5% |
| Tangible fixed assets | 22/27 | €822,173 | €844,617 | +€22,444 | +2.7% |
| Land and buildings | 22 | €679,347 | €638,970 | -€40,377 | -5.9% |
| Plant, machinery and equipment | 23 | €38,677 | €35,180 | -€3,497 | -9.0% |
| Furniture and vehicles | 24 | €40,849 | €22,092 | -€18,757 | -45.9% |
| Other tangible fixed assets | 26 | €63,300 | €148,375 | +€85,075 | +134% |
| Financial fixed assets | 28 | €64,170 | €64,170 | = | 0.0% |
| Current assets | 29/58 | €1,161,470 | €1,274,923 | +€113,454 | +9.8% |
| Amounts receivable within one year | 40/41 | €1,045,864 | €1,237,100 | +€191,236 | +18.3% |
| Trade receivables | 40 | €6,811 | €41,780 | +€34,969 | +513% |
| Other amounts receivable | 41 | €1,039,053 | €1,195,320 | +€156,268 | +15.0% |
| Cash at bank and in hand | 54/58 | €69,400 | €35,315 | -€34,085 | -49.1% |
| Deferred charges and accrued income | 490/1 | €46,206 | €2,508 | -€43,697 | -94.6% |
| Total equity and liabilities | 10/49 | €2,047,813 | €2,183,710 | +€135,897 | +6.6% |
| Equity | 10/15 | €1,787,552 | €1,707,820 | -€79,732 | -4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,415,132 | €1,335,400 | -€79,732 | -5.6% |
| Tax-exempt reserves | 132 | €291,021 | €273,521 | -€17,500 | -6.0% |
| Distributable reserves | 133 | €1,124,111 | €1,061,879 | -€62,232 | -5.5% |
| Profit (loss) carried forward | 14 | €366,220 | €366,220 | = | 0.0% |
| Provisions and deferred taxes | 16 | €74,507 | €79,507 | +€5,000 | +6.7% |
| Deferred taxes | 168 | €74,507 | €79,507 | +€5,000 | +6.7% |
| Amounts payable | 17/49 | €185,755 | €396,384 | +€210,629 | +113% |
| Amounts payable after more than one year | 17 | €2,948 | - | -€2,948 | |
| Financial debts | 170/4 | €2,948 | - | -€2,948 | |
| Amounts payable within one year | 42/48 | €181,804 | €395,669 | +€213,864 | +118% |
| Current portion of amounts payable after more than one year | 42 | €20,659 | €2,948 | -€17,711 | -85.7% |
| Financial debts | 43 | €13,310 | €19,596 | +€6,287 | +47.2% |
| Credit institutions | 430/8 | €13,310 | €19,596 | +€6,287 | +47.2% |
| Trade debts | 44 | €11,906 | €3,993 | -€7,913 | -66.5% |
| Suppliers | 440/4 | €11,906 | €3,993 | -€7,913 | -66.5% |
| Taxes, remuneration and social security | 45 | €124,482 | €123,023 | -€1,458 | -1.2% |
| Taxes | 450/3 | €124,482 | €121,423 | -€3,058 | -2.5% |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Other amounts payable | 47/48 | €11,448 | €246,108 | +€234,660 | +2,050% |
| Accrued charges and deferred income | 492/3 | €1,003 | €715 | -€288 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,597 | €68,833 | -€763 | -1.1% |
| Other operating charges | 640/8 | €8,638 | €8,861 | +€224 | +2.6% |
| Gross operating margin | 9900 | €583,751 | €592,351 | +€8,600 | +1.5% |
| Operating profit (loss) | 9901 | €505,517 | €514,657 | +€9,140 | +1.8% |
| Financial income | 75/76B | €168 | €1,176 | +€1,008 | +599% |
| Recurring financial income | 75 | €168 | €1,176 | +€1,008 | +599% |
| Financial charges | 65/66B | €4,798 | €3,227 | -€1,571 | -32.7% |
| Recurring financial charges | 65 | €4,798 | €3,227 | -€1,571 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €500,887 | €512,606 | +€11,719 | +2.3% |
| Transfer from deferred taxes | 780 | €2,500 | €2,500 | = | 0.0% |
| Income taxes | 67/77 | €170,927 | €176,107 | +€5,180 | +3.0% |
| Profit (loss) for the period | 9904 | €332,460 | €338,999 | +€6,539 | +2.0% |
| Transfer from tax-exempt reserves | 789 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €342,460 | €348,999 | +€6,539 | +1.9% |
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 29 October 2026 via checked.be.