ORTHODENTIS: 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.
ORTHODENTIS
Largest movements
- Receivables within one year +€54,799
up €54,799 (+321%), from €17,094 to €71,893
of which Other amounts receivable: +€54,799
- Tangible fixed assets +€44,486
up €44,486 (+16.7%), from €266,140 to €310,626
of which Furniture and vehicles: +€37,911
- Cash -€19,588
down €19,588 (-38.2%), from €51,246 to €31,659
mainly Receivables within one year (-€54,799) and Investment in fixed assets (net) (-€53,874)
- Reserves +€65,000
up €65,000 (+25.1%), from €258,860 to €323,860
of which Distributable reserves: +€65,000
- Current portion of long-term debt -€34,427
down €34,427 (-90.0%), from €38,245 to €3,818
- Tax, wage and social debts +€26,082
up €26,082 (+84.7%), from €30,809 to €56,890
- Trade debts +€12,844
up €12,844 (+152%), from €8,423 to €21,267
- Other debts +€8,962
up €8,962 (+295%), from €3,038 to €12,000
- Gross operating margin +€37,037
up €37,037 (+46.2%), from €80,252 to €117,289
- Depreciation -€6,335
down €6,335 (-40.3%), from €15,723 to €9,388
- Financial income +€1,623
up €1,623 (+270,480%), from €1 to €1,623
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €361,182 | €440,880 | +€79,697 | +22.1% |
| Fixed assets | 21/28 | €266,140 | €310,626 | +€44,486 | +16.7% |
| Tangible fixed assets | 22/27 | €266,140 | €310,626 | +€44,486 | +16.7% |
| Land and buildings | 22 | €264,951 | €257,613 | -€7,338 | -2.8% |
| Plant, machinery and equipment | 23 | - | €6,854 | +€6,854 | |
| Furniture and vehicles | 24 | €564 | €38,475 | +€37,911 | +6,724% |
| Other tangible fixed assets | 26 | €625 | €7,684 | +€7,059 | +1,130% |
| Current assets | 29/58 | €95,043 | €130,254 | +€35,212 | +37.0% |
| Amounts receivable within one year | 40/41 | €17,094 | €71,893 | +€54,799 | +321% |
| Trade receivables | 40 | €14,007 | €14,007 | = | 0.0% |
| Other amounts receivable | 41 | €3,087 | €57,886 | +€54,799 | +1,775% |
| Cash at bank and in hand | 54/58 | €51,246 | €31,659 | -€19,588 | -38.2% |
| Deferred charges and accrued income | 490/1 | €26,702 | €26,702 | = | 0.0% |
| Total equity and liabilities | 10/49 | €361,182 | €440,880 | +€79,697 | +22.1% |
| Equity | 10/15 | €280,668 | €346,904 | +€66,237 | +23.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €258,860 | €323,860 | +€65,000 | +25.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €257,000 | €322,000 | +€65,000 | +25.3% |
| Profit (loss) carried forward | 14 | €3,208 | €4,444 | +€1,237 | +38.6% |
| Amounts payable | 17/49 | €80,515 | €93,976 | +€13,461 | +16.7% |
| Amounts payable within one year | 42/48 | €80,515 | €93,976 | +€13,461 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €38,245 | €3,818 | -€34,427 | -90.0% |
| Trade debts | 44 | €8,423 | €21,267 | +€12,844 | +152% |
| Suppliers | 440/4 | €8,423 | €21,267 | +€12,844 | +152% |
| Taxes, remuneration and social security | 45 | €30,809 | €56,890 | +€26,082 | +84.7% |
| Taxes | 450/3 | €30,809 | €56,890 | +€26,082 | +84.7% |
| Other amounts payable | 47/48 | €3,038 | €12,000 | +€8,962 | +295% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,723 | €9,388 | -€6,335 | -40.3% |
| Other operating charges | 640/8 | €1,211 | €1,564 | +€353 | +29.1% |
| Gross operating margin | 9900 | €80,252 | €117,289 | +€37,037 | +46.2% |
| Operating profit (loss) | 9901 | €63,317 | €106,336 | +€43,019 | +67.9% |
| Financial income | 75/76B | €1 | €1,623 | +€1,623 | +270,480% |
| Recurring financial income | 75 | €1 | €1,623 | +€1,623 | +270,480% |
| Financial charges | 65/66B | €2,434 | €1,556 | -€878 | -36.1% |
| Recurring financial charges | 65 | €2,434 | €1,556 | -€878 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €60,884 | €106,404 | +€45,520 | +74.8% |
| Income taxes | 67/77 | €28,034 | €28,167 | +€133 | +0.5% |
| Profit (loss) for the period | 9904 | €32,850 | €78,237 | +€45,386 | +138% |
| Profit (loss) for the period to be appropriated | 9905 | €32,850 | €78,237 | +€45,386 | +138% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.