ORTHODENT: 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.
ORTHODENT
Largest movements
- Current investments +€224,427
up €224,427 (+37.6%), from €597,355 to €821,782
- Cash -€25,556
down €25,556 (-12.4%), from €206,714 to €181,158
mainly Current investments (-€224,427) and Investment in fixed assets (net) (-€5,190)
- Reserves +€180,000
up €180,000 (+25.0%), from €719,623 to €899,623
- Gross operating margin -€46,014
down €46,014 (-13.6%), from €338,961 to €292,947
- Financial income +€13,138
up €13,138 (+713%), from €1,843 to €14,980
- Taxes +€4,396
up €4,396 (+4.2%), from €104,717 to €109,113
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 | €835,471 | €1,032,335 | +€196,864 | +23.6% |
| Fixed assets | 21/28 | €27,894 | €25,499 | -€2,395 | -8.6% |
| Tangible fixed assets | 22/27 | €26,844 | €24,449 | -€2,395 | -8.9% |
| Plant, machinery and equipment | 23 | €458 | €2,496 | +€2,038 | +445% |
| Furniture and vehicles | 24 | €25,650 | €19,006 | -€6,644 | -25.9% |
| Other tangible fixed assets | 26 | €735 | €2,946 | +€2,211 | +301% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €807,577 | €1,006,836 | +€199,259 | +24.7% |
| Stocks and contracts in progress | 3 | €3,145 | €3,895 | +€750 | +23.8% |
| Stocks | 30/36 | €3,145 | €3,895 | +€750 | +23.8% |
| Current investments | 50/53 | €597,355 | €821,782 | +€224,427 | +37.6% |
| Cash at bank and in hand | 54/58 | €206,714 | €181,158 | -€25,556 | -12.4% |
| Deferred charges and accrued income | 490/1 | €363 | - | -€363 | |
| Total equity and liabilities | 10/49 | €835,471 | €1,032,335 | +€196,864 | +23.6% |
| Equity | 10/15 | €789,381 | €978,606 | +€189,226 | +24.0% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €719,623 | €899,623 | +€180,000 | +25.0% |
| Distributable reserves | 133 | €719,623 | €899,623 | +€180,000 | +25.0% |
| Profit (loss) carried forward | 14 | €57,356 | €66,581 | +€9,226 | +16.1% |
| Amounts payable | 17/49 | €46,090 | €53,728 | +€7,638 | +16.6% |
| Amounts payable within one year | 42/48 | €46,090 | €53,728 | +€7,638 | +16.6% |
| Trade debts | 44 | €3,394 | €7,194 | +€3,799 | +112% |
| Suppliers | 440/4 | €3,394 | €7,194 | +€3,799 | +112% |
| Taxes, remuneration and social security | 45 | €22,000 | €18,000 | -€4,000 | -18.2% |
| Taxes | 450/3 | €22,000 | €18,000 | -€4,000 | -18.2% |
| Other amounts payable | 47/48 | €20,696 | €28,535 | +€7,839 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,158 | €7,585 | +€426 | +6.0% |
| Other operating charges | 640/8 | €743 | €765 | +€22 | +2.9% |
| Gross operating margin | 9900 | €338,961 | €292,947 | -€46,014 | -13.6% |
| Operating profit (loss) | 9901 | €331,060 | €284,598 | -€46,462 | -14.0% |
| Financial income | 75/76B | €1,843 | €14,980 | +€13,138 | +713% |
| Recurring financial income | 75 | €1,843 | €14,980 | +€13,138 | +713% |
| Financial charges | 65/66B | €398 | €1,239 | +€841 | +211% |
| Recurring financial charges | 65 | €398 | €1,239 | +€841 | +211% |
| Profit (loss) for the period before taxes | 9903 | €332,505 | €298,339 | -€34,166 | -10.3% |
| Income taxes | 67/77 | €104,717 | €109,113 | +€4,396 | +4.2% |
| Profit (loss) for the period | 9904 | €227,788 | €189,226 | -€38,562 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €227,788 | €189,226 | -€38,562 | -16.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.