OrthoGen: 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.
OrthoGen
Largest movements
- Tangible fixed assets -€26,621
down €26,621 (-3.9%), from €677,947 to €651,325
of which Land and buildings: -€28,230
- Cash +€12,661
up €12,661 (+76.0%), from €16,654 to €29,315
mainly Depreciation (+€35,678) and Net result for the year (+€8,417)
- Debts after one year -€26,816
down €26,816 (-4.0%), from €664,346 to €637,530
- Profit (loss) carried forward +€8,417
up €8,417 (+96.2%), from €8,752 to €17,169
- Gross operating margin +€20,844
up €20,844 (+40.7%), from €51,207 to €72,051
- Depreciation +€14,171
up €14,171 (+65.9%), from €21,507 to €35,678
- Financial charges +€7,181
up €7,181 (+48.0%), from €14,970 to €22,151
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 | €704,563 | €687,668 | -€16,895 | -2.4% |
| Fixed assets | 21/28 | €677,947 | €651,325 | -€26,621 | -3.9% |
| Tangible fixed assets | 22/27 | €677,947 | €651,325 | -€26,621 | -3.9% |
| Land and buildings | 22 | €672,993 | €644,763 | -€28,230 | -4.2% |
| Plant, machinery and equipment | 23 | €4,954 | €6,562 | +€1,608 | +32.5% |
| Current assets | 29/58 | €26,616 | €36,343 | +€9,726 | +36.5% |
| Amounts receivable within one year | 40/41 | €9,962 | €7,027 | -€2,935 | -29.5% |
| Other amounts receivable | 41 | €9,962 | €7,027 | -€2,935 | -29.5% |
| Cash at bank and in hand | 54/58 | €16,654 | €29,315 | +€12,661 | +76.0% |
| Total equity and liabilities | 10/49 | €704,563 | €687,668 | -€16,895 | -2.4% |
| Equity | 10/15 | €10,752 | €19,169 | +€8,417 | +78.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,752 | €17,169 | +€8,417 | +96.2% |
| Amounts payable | 17/49 | €693,811 | €668,499 | -€25,312 | -3.6% |
| Amounts payable after more than one year | 17 | €664,346 | €637,530 | -€26,816 | -4.0% |
| Financial debts | 170/4 | €664,346 | €637,530 | -€26,816 | -4.0% |
| Amounts payable within one year | 42/48 | €29,465 | €30,969 | +€1,504 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €25,961 | €26,816 | +€855 | +3.3% |
| Trade debts | 44 | €449 | €1,265 | +€816 | +182% |
| Suppliers | 440/4 | €449 | €1,265 | +€816 | +182% |
| Taxes, remuneration and social security | 45 | €3,055 | €2,888 | -€167 | -5.5% |
| Taxes | 450/3 | €3,055 | €2,888 | -€167 | -5.5% |
| Remuneration, social security and pensions | 62 | €40 | €36 | -€4 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,507 | €35,678 | +€14,171 | +65.9% |
| Other operating charges | 640/8 | €2,885 | €3,322 | +€437 | +15.1% |
| Gross operating margin | 9900 | €51,207 | €72,051 | +€20,844 | +40.7% |
| Operating profit (loss) | 9901 | €26,776 | €33,015 | +€6,239 | +23.3% |
| Financial income | 75/76B | €0 | €441 | +€441 | +4,410,000% |
| Recurring financial income | 75 | €0 | €441 | +€441 | +4,410,000% |
| Financial charges | 65/66B | €14,970 | €22,151 | +€7,181 | +48.0% |
| Recurring financial charges | 65 | €14,970 | €22,151 | +€7,181 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €11,807 | €11,305 | -€501 | -4.2% |
| Income taxes | 67/77 | €3,055 | €2,888 | -€167 | -5.5% |
| Profit (loss) for the period | 9904 | €8,752 | €8,417 | -€334 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,752 | €8,417 | -€334 | -3.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.