Orthodentix: 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.
Orthodentix
Largest movements
- Receivables within one year -€39,513
down €39,513 (-29.6%), from €133,419 to €93,906
of which Trade receivables: -€74,247
- Cash +€35,096
up €35,096 (+24.0%), from €146,280 to €181,376
mainly Net result for the year (+€104,103) and Depreciation (+€47,754)
- Tangible fixed assets -€11,124
down €11,124 (-3.9%), from €282,162 to €271,038
of which Furniture and vehicles: -€12,021
- Trade debts -€111,100
down €111,100 (-81.9%), from €135,695 to €24,595
- Reserves +€104,103
up €104,103 (+54.4%), from €191,328 to €295,431
- Debts after one year -€30,942
down €30,942 (-17.7%), from €174,677 to €143,735
- Current portion of long-term debt +€15,311
up €15,311 (+98.0%), from €15,631 to €30,942
- Tax, wage and social debts +€12,853
up €12,853 (+30.9%), from €41,607 to €54,460
of which Remuneration and social security: +€15,382
- Gross operating margin -€287,344
down €287,344 (-36.7%), from €781,937 to €494,593
- Staff costs -€157,452
down €157,452 (-34.4%), from €457,672 to €300,220
- Taxes -€52,321
down €52,321 (-62.1%), from €84,313 to €31,991
- Depreciation +€9,374
up €9,374 (+24.4%), from €38,380 to €47,754
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 | €577,181 | €559,997 | -€17,184 | -3.0% |
| Fixed assets | 21/28 | €284,262 | €271,038 | -€13,224 | -4.7% |
| Tangible fixed assets | 22/27 | €282,162 | €271,038 | -€11,124 | -3.9% |
| Plant, machinery and equipment | 23 | €27,448 | €25,157 | -€2,292 | -8.3% |
| Furniture and vehicles | 24 | €44,709 | €32,688 | -€12,021 | -26.9% |
| Leasing and similar rights | 25 | €27,408 | €19,439 | -€7,969 | -29.1% |
| Other tangible fixed assets | 26 | €182,597 | €193,755 | +€11,158 | +6.1% |
| Financial fixed assets | 28 | €2,100 | €0 | -€2,100 | -100.0% |
| Current assets | 29/58 | €292,919 | €288,958 | -€3,961 | -1.4% |
| Stocks and contracts in progress | 3 | €11,313 | €13,131 | +€1,818 | +16.1% |
| Stocks | 30/36 | €11,313 | €13,131 | +€1,818 | +16.1% |
| Amounts receivable within one year | 40/41 | €133,419 | €93,906 | -€39,513 | -29.6% |
| Trade receivables | 40 | €124,979 | €50,732 | -€74,247 | -59.4% |
| Other amounts receivable | 41 | €8,440 | €43,174 | +€34,734 | +411.5% |
| Cash at bank and in hand | 54/58 | €146,280 | €181,376 | +€35,096 | +24.0% |
| Deferred charges and accrued income | 490/1 | €1,907 | €546 | -€1,361 | -71.4% |
| Total equity and liabilities | 10/49 | €577,181 | €559,997 | -€17,184 | -3.0% |
| Equity | 10/15 | €201,328 | €305,431 | +€104,103 | +51.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €191,328 | €295,431 | +€104,103 | +54.4% |
| Distributable reserves | 133 | €191,328 | €295,431 | +€104,103 | +54.4% |
| Amounts payable | 17/49 | €375,853 | €254,566 | -€121,287 | -32.3% |
| Amounts payable after more than one year | 17 | €174,677 | €143,735 | -€30,942 | -17.7% |
| Financial debts | 170/4 | €174,677 | €143,735 | -€30,942 | -17.7% |
| Amounts payable within one year | 42/48 | €201,128 | €110,678 | -€90,450 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €15,631 | €30,942 | +€15,311 | +98.0% |
| Trade debts | 44 | €135,695 | €24,595 | -€111,100 | -81.9% |
| Suppliers | 440/4 | €135,695 | €24,595 | -€111,100 | -81.9% |
| Advances received on contracts in progress | 46 | €117 | €0 | -€117 | -100.0% |
| Taxes, remuneration and social security | 45 | €41,607 | €54,460 | +€12,853 | +30.9% |
| Taxes | 450/3 | €12,852 | €10,323 | -€2,529 | -19.7% |
| Remuneration and social security | 454/9 | €28,755 | €44,137 | +€15,382 | +53.5% |
| Other amounts payable | 47/48 | €8,078 | €682 | -€7,396 | -91.6% |
| Accrued charges and deferred income | 492/3 | €48 | €153 | +€105 | +220.2% |
| Non-recurring operating income | 76A | - | €25 | +€25 | |
| Remuneration, social security and pensions | 62 | €457,672 | €300,220 | -€157,452 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,380 | €47,754 | +€9,374 | +24.4% |
| Other operating charges | 640/8 | €3,809 | €2,535 | -€1,273 | -33.4% |
| Non-recurring operating charges | 66A | €1,027 | €668 | -€359 | -35.0% |
| Gross operating margin | 9900 | €781,937 | €494,593 | -€287,344 | -36.7% |
| Operating profit (loss) | 9901 | €281,049 | €143,417 | -€137,632 | -49.0% |
| Financial income | 75/76B | €199 | €790 | +€591 | +296.6% |
| Recurring financial income | 75 | €199 | €790 | +€591 | +296.6% |
| Financial charges | 65/66B | €5,607 | €8,113 | +€2,505 | +44.7% |
| Recurring financial charges | 65 | €5,607 | €8,113 | +€2,505 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €275,641 | €136,094 | -€139,547 | -50.6% |
| Income taxes | 67/77 | €84,313 | €31,991 | -€52,321 | -62.1% |
| Profit (loss) for the period | 9904 | €191,328 | €104,103 | -€87,226 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €191,328 | €104,103 | -€87,226 | -45.6% |
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.