ORTHOCLINIC: 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.
ORTHOCLINIC
Largest movements
- Cash +€123,922
up €123,922 (+23.4%), from €529,018 to €652,941
mainly Net result for the year (+€83,799) and Other debts (+€55,828)
- Tangible fixed assets -€14,125
down €14,125 (-16.6%), from €84,967 to €70,843
of which Plant, machinery and equipment: -€10,410
- Other debts +€55,828
up €55,828 (+21.8%), from €255,522 to €311,350
- Reserves +€48,858
up €48,858 (+14.4%), from €338,576 to €387,434
of which Distributable reserves: +€48,858
- Gross operating margin +€11,846
up €11,846 (+7.9%), from €149,543 to €161,389
- Depreciation +€5,195
up €5,195 (+44.5%), from €11,676 to €16,871
- Financial charges +€4,988
up €4,988 (+30.6%), from €16,283 to €21,271
- Taxes -€2,264
down €2,264 (-5.4%), from €41,776 to €39,512
- Other operating charges -€1,900
down €1,900 (-78.0%), from €2,437 to €537
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 | €620,354 | €731,767 | +€111,414 | +18.0% |
| Fixed assets | 21/28 | €87,817 | €73,693 | -€14,125 | -16.1% |
| Tangible fixed assets | 22/27 | €84,967 | €70,843 | -€14,125 | -16.6% |
| Land and buildings | 22 | €27,380 | €26,219 | -€1,161 | -4.2% |
| Plant, machinery and equipment | 23 | €51,580 | €41,170 | -€10,410 | -20.2% |
| Furniture and vehicles | 24 | €6,006 | €3,454 | -€2,553 | -42.5% |
| Financial fixed assets | 28 | €2,850 | €2,850 | = | 0.0% |
| Current assets | 29/58 | €532,537 | €658,075 | +€125,538 | +23.6% |
| Cash at bank and in hand | 54/58 | €529,018 | €652,941 | +€123,922 | +23.4% |
| Deferred charges and accrued income | 490/1 | €3,519 | €5,134 | +€1,616 | +45.9% |
| Total equity and liabilities | 10/49 | €620,354 | €731,767 | +€111,414 | +18.0% |
| Equity | 10/15 | €357,176 | €406,034 | +€48,858 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €338,576 | €387,434 | +€48,858 | +14.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €338,576 | €387,434 | +€48,858 | +14.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €263,177 | €325,733 | +€62,555 | +23.8% |
| Amounts payable within one year | 42/48 | €263,177 | €325,733 | +€62,555 | +23.8% |
| Financial debts | 43 | - | €1,019 | +€1,019 | |
| Credit institutions | 430/8 | - | €1,019 | +€1,019 | |
| Trade debts | 44 | €116 | €496 | +€380 | +328.0% |
| Suppliers | 440/4 | €116 | €496 | +€380 | +328.0% |
| Taxes, remuneration and social security | 45 | €7,540 | €12,867 | +€5,327 | +70.7% |
| Taxes | 450/3 | €7,540 | €12,867 | +€5,327 | +70.7% |
| Other amounts payable | 47/48 | €255,522 | €311,350 | +€55,828 | +21.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,676 | €16,871 | +€5,195 | +44.5% |
| Other operating charges | 640/8 | €2,437 | €537 | -€1,900 | -78.0% |
| Gross operating margin | 9900 | €149,543 | €161,389 | +€11,846 | +7.9% |
| Operating profit (loss) | 9901 | €135,430 | €143,981 | +€8,550 | +6.3% |
| Financial income | 75/76B | €613 | €602 | -€11 | -1.8% |
| Recurring financial income | 75 | €613 | €602 | -€11 | -1.8% |
| Financial charges | 65/66B | €16,283 | €21,271 | +€4,988 | +30.6% |
| Recurring financial charges | 65 | €16,283 | €21,271 | +€4,988 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €119,761 | €123,312 | +€3,551 | +3.0% |
| Income taxes | 67/77 | €41,776 | €39,512 | -€2,264 | -5.4% |
| Profit (loss) for the period | 9904 | €77,984 | €83,799 | +€5,815 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €77,984 | €83,799 | +€5,815 | +7.5% |
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 29 September 2026 via checked.be.