ORTHOCONCEPT: 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.
ORTHOCONCEPT
Largest movements
- Tangible fixed assets +€17,750
up €17,750 (+1205.0%), from €1,473 to €19,223
- Receivables within one year +€1,178
up €1,178 (+5.9%), from €20,130 to €21,308
of which Other amounts receivable: +€1,343
- Profit (loss) carried forward +€26,892
up €26,892 (+273.6%), from €9,830 to €36,722
- Trade debts -€4,816
down €4,816 (-35.3%), from €13,661 to €8,845
- Short-term financial debts -€4,334
down €4,334 (-26.9%), from €16,091 to €11,757
- Tax, wage and social debts +€2,329
up €2,329 (+12.5%), from €18,661 to €20,990
of which Taxes: +€3,988
- Other debts -€1,715
no longer reported in 2025 (was €1,715)
- Gross operating margin +€28,705
up €28,705 (+197.4%), from €14,542 to €43,247
- Taxes +€6,520
up €6,520 (+190.8%), from €3,417 to €9,937
- Other operating charges -€3,188
down €3,188 (-72.3%), from €4,407 to €1,219
- Depreciation +€2,414
up €2,414 (+1775.0%), from €136 to €2,550
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 | €68,018 | €86,374 | +€18,356 | +27.0% |
| Fixed assets | 21/28 | €1,763 | €19,513 | +€17,750 | +1006.8% |
| Tangible fixed assets | 22/27 | €1,473 | €19,223 | +€17,750 | +1205.0% |
| Furniture and vehicles | 24 | €1,473 | €19,223 | +€17,750 | +1205.0% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €66,255 | €66,861 | +€606 | +0.9% |
| Amounts receivable after more than one year | 29 | €42,000 | €42,000 | = | 0.0% |
| Other amounts receivable | 291 | €42,000 | €42,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,130 | €21,308 | +€1,178 | +5.9% |
| Trade receivables | 40 | €16,657 | €16,492 | -€165 | -1.0% |
| Other amounts receivable | 41 | €3,473 | €4,816 | +€1,343 | +38.7% |
| Cash at bank and in hand | 54/58 | €4,125 | €3,553 | -€572 | -13.9% |
| Total equity and liabilities | 10/49 | €68,018 | €86,374 | +€18,356 | +27.0% |
| Equity | 10/15 | €17,890 | €44,782 | +€26,892 | +150.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €9,830 | €36,722 | +€26,892 | +273.6% |
| Amounts payable | 17/49 | €50,128 | €41,592 | -€8,536 | -17.0% |
| Amounts payable within one year | 42/48 | €50,128 | €41,592 | -€8,536 | -17.0% |
| Financial debts | 43 | €16,091 | €11,757 | -€4,334 | -26.9% |
| Credit institutions | 430/8 | €16,091 | €11,757 | -€4,334 | -26.9% |
| Trade debts | 44 | €13,661 | €8,845 | -€4,816 | -35.3% |
| Suppliers | 440/4 | €13,661 | €8,845 | -€4,816 | -35.3% |
| Taxes, remuneration and social security | 45 | €18,661 | €20,990 | +€2,329 | +12.5% |
| Taxes | 450/3 | €13,449 | €17,437 | +€3,988 | +29.7% |
| Remuneration and social security | 454/9 | €5,212 | €3,553 | -€1,659 | -31.8% |
| Other amounts payable | 47/48 | €1,715 | - | -€1,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | €2,550 | +€2,414 | +1775.0% |
| Other operating charges | 640/8 | €4,407 | €1,219 | -€3,188 | -72.3% |
| Gross operating margin | 9900 | €14,542 | €43,247 | +€28,705 | +197.4% |
| Operating profit (loss) | 9901 | €9,999 | €39,478 | +€29,479 | +294.8% |
| Financial income | 75/76B | €26 | €11 | -€15 | -57.7% |
| Recurring financial income | 75 | €26 | €11 | -€15 | -57.7% |
| Financial charges | 65/66B | €2,989 | €2,660 | -€329 | -11.0% |
| Recurring financial charges | 65 | €2,989 | €2,660 | -€329 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €7,036 | €36,829 | +€29,793 | +423.4% |
| Income taxes | 67/77 | €3,417 | €9,937 | +€6,520 | +190.8% |
| Profit (loss) for the period | 9904 | €3,619 | €26,892 | +€23,273 | +643.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,619 | €26,892 | +€23,273 | +643.1% |
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 7 October 2026 via checked.be.