ORTHOGYNGEST: 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.
ORTHOGYNGEST
Largest movements
- Receivables within one year +€33,386
up €33,386 (+35.2%), from €94,843 to €128,229
of which Other amounts receivable: +€33,386
- Deferred charges and accrued income -€14,006
no longer reported in 2025 (was €14,006)
- Tangible fixed assets +€13,001
up €13,001 (+243%), from €5,342 to €18,343
of which Furniture and vehicles: +€11,641
- Cash -€11,074
down €11,074 (-95.5%), from €11,594 to €520
mainly Receivables within one year (-€33,386) and Investment in fixed assets (net) (-€15,948)
- Profit (loss) carried forward +€15,709
up €15,709 (+99.6%), from -€15,770 to -€61
- Trade debts +€5,582
up €5,582 (+204%), from €2,733 to €8,315
- Gross operating margin +€42,305
up €42,305, from -€3,361 to €38,944
- Taxes +€10,994
up €10,994 (+469%), from €2,344 to €13,339
- Financial charges -€1,915
down €1,915 (-26.0%), from €7,362 to €5,447
- Other operating charges +€974
up €974 (+184%), from €528 to €1,503
- Depreciation +€653
up €653 (+28.4%), from €2,295 to €2,948
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 | €125,810 | €147,117 | +€21,307 | +16.9% |
| Fixed assets | 21/28 | €5,367 | €18,368 | +€13,001 | +242% |
| Tangible fixed assets | 22/27 | €5,342 | €18,343 | +€13,001 | +243% |
| Plant, machinery and equipment | 23 | €3,900 | €5,260 | +€1,360 | +34.9% |
| Furniture and vehicles | 24 | €1,442 | €13,083 | +€11,641 | +807% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €120,443 | €128,750 | +€8,306 | +6.9% |
| Amounts receivable within one year | 40/41 | €94,843 | €128,229 | +€33,386 | +35.2% |
| Trade receivables | 40 | €30,880 | €30,880 | = | 0.0% |
| Other amounts receivable | 41 | €63,963 | €97,349 | +€33,386 | +52.2% |
| Cash at bank and in hand | 54/58 | €11,594 | €520 | -€11,074 | -95.5% |
| Deferred charges and accrued income | 490/1 | €14,006 | - | -€14,006 | |
| Total equity and liabilities | 10/49 | €125,810 | €147,117 | +€21,307 | +16.9% |
| Equity | 10/15 | €119,790 | €135,499 | +€15,709 | +13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €129,360 | €129,360 | = | 0.0% |
| 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 | €127,500 | €127,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,770 | -€61 | +€15,709 | +99.6% |
| Amounts payable | 17/49 | €6,020 | €11,618 | +€5,598 | +93.0% |
| Amounts payable within one year | 42/48 | €6,020 | €11,618 | +€5,598 | +93.0% |
| Trade debts | 44 | €2,733 | €8,315 | +€5,582 | +204% |
| Suppliers | 440/4 | €2,733 | €8,315 | +€5,582 | +204% |
| Taxes, remuneration and social security | 45 | €3,286 | €3,303 | +€16 | +0.5% |
| Taxes | 450/3 | €3,286 | €3,303 | +€16 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,295 | €2,948 | +€653 | +28.4% |
| Other operating charges | 640/8 | €528 | €1,503 | +€974 | +184% |
| Gross operating margin | 9900 | -€3,361 | €38,944 | +€42,305 | |
| Operating profit (loss) | 9901 | -€6,184 | €34,494 | +€40,678 | |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €7,362 | €5,447 | -€1,915 | -26.0% |
| Recurring financial charges | 65 | €7,362 | €5,447 | -€1,915 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,496 | €29,047 | +€42,544 | |
| Income taxes | 67/77 | €2,344 | €13,339 | +€10,994 | +469% |
| Profit (loss) for the period | 9904 | -€15,841 | €15,709 | +€31,549 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,841 | €15,709 | +€31,549 |
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 30 October 2026 via checked.be.