Orthoduo: 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.
Orthoduo
Largest movements
- Cash +€51,785
up €51,785 (+146.3%), from €35,388 to €87,173
mainly Net result for the year (+€41,062) and Tax, wage and social debts (+€9,903)
- Tangible fixed assets +€10,180
new in 2025: €10,180
- Receivables within one year -€2,010
down €2,010 (-90.3%), from €2,226 to €217
- Profit (loss) carried forward +€41,062
up €41,062 (+190.4%), from €21,572 to €62,634
- Tax, wage and social debts +€9,903
up €9,903 (+76.7%), from €12,915 to €22,818
- Debts after one year +€4,698
new in 2025: €4,698
- Current portion of long-term debt +€3,525
new in 2025: €3,525
- Gross operating margin +€28,077
up €28,077 (+95.9%), from €29,284 to €57,361
- Taxes +€4,478
up €4,478 (+76.9%), from €5,823 to €10,302
- Depreciation +€3,650
new in 2025: €3,650
- Financial charges +€641
up €641 (+796.8%), from €80 to €721
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 | €37,614 | €97,569 | +€59,955 | +159.4% |
| Fixed assets | 21/28 | - | €10,180 | +€10,180 | |
| Tangible fixed assets | 22/27 | - | €10,180 | +€10,180 | |
| Other tangible fixed assets | 26 | - | €10,180 | +€10,180 | |
| Current assets | 29/58 | €37,614 | €87,389 | +€49,776 | +132.3% |
| Amounts receivable within one year | 40/41 | €2,226 | €217 | -€2,010 | -90.3% |
| Trade receivables | 40 | €2,226 | €217 | -€2,010 | -90.3% |
| Cash at bank and in hand | 54/58 | €35,388 | €87,173 | +€51,785 | +146.3% |
| Total equity and liabilities | 10/49 | €37,614 | €97,569 | +€59,955 | +159.4% |
| Equity | 10/15 | €24,572 | €65,634 | +€41,062 | +167.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,572 | €62,634 | +€41,062 | +190.4% |
| Amounts payable | 17/49 | €13,042 | €31,935 | +€18,893 | +144.9% |
| Amounts payable after more than one year | 17 | - | €4,698 | +€4,698 | |
| Financial debts | 170/4 | - | €4,698 | +€4,698 | |
| Amounts payable within one year | 42/48 | €13,042 | €27,237 | +€14,195 | +108.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,525 | +€3,525 | |
| Trade debts | 44 | - | €646 | +€646 | |
| Suppliers | 440/4 | - | €646 | +€646 | |
| Taxes, remuneration and social security | 45 | €12,915 | €22,818 | +€9,903 | +76.7% |
| Taxes | 450/3 | €12,915 | €22,818 | +€9,903 | +76.7% |
| Other amounts payable | 47/48 | €127 | €249 | +€122 | +95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,650 | +€3,650 | |
| Other operating charges | 640/8 | €1,865 | €1,751 | -€114 | -6.1% |
| Gross operating margin | 9900 | €29,284 | €57,361 | +€28,077 | +95.9% |
| Operating profit (loss) | 9901 | €27,419 | €51,960 | +€24,541 | +89.5% |
| Financial income | 75/76B | €56 | €124 | +€68 | +120.3% |
| Recurring financial income | 75 | €56 | €124 | +€68 | +120.3% |
| Financial charges | 65/66B | €80 | €721 | +€641 | +796.8% |
| Recurring financial charges | 65 | €80 | €721 | +€641 | +796.8% |
| Profit (loss) for the period before taxes | 9903 | €27,395 | €51,364 | +€23,969 | +87.5% |
| Income taxes | 67/77 | €5,823 | €10,302 | +€4,478 | +76.9% |
| Profit (loss) for the period | 9904 | €21,572 | €41,062 | +€19,490 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,572 | €41,062 | +€19,490 | +90.4% |
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.