ORTHOKIDS: 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.
ORTHOKIDS
Largest movements
- Current investments +€59,681
up €59,681 (+119%), from €50,095 to €109,776
- Receivables within one year -€30,670
down €30,670 (-75.4%), from €40,670 to €10,000
of which Trade receivables: -€30,670
- Cash +€16,986
up €16,986 (+15.2%), from €111,453 to €128,439
mainly Net result for the year (+€73,787) and Receivables within one year (+€30,670)
- Tangible fixed assets +€16,291
up €16,291 (+31.3%), from €52,106 to €68,397
of which Furniture and vehicles: +€18,298
- Other debts +€29,349
up €29,349 (+182%), from €16,122 to €45,471
- Reserves +€26,300
up €26,300 (+24.1%), from €109,100 to €135,400
of which Distributable reserves: +€26,300
- Tax, wage and social debts +€12,017
up €12,017 (+46.1%), from €26,061 to €38,078
- Debts after one year -€5,745
down €5,745 (-30.8%), from €18,671 to €12,926
- Gross operating margin +€26,352
up €26,352 (+26.0%), from €101,374 to €127,725
- Taxes +€8,106
up €8,106 (+28.9%), from €28,030 to €36,136
- Depreciation +€4,708
up €4,708 (+41.2%), from €11,415 to €16,123
- Other operating charges -€1,376
down €1,376 (-56.6%), from €2,431 to €1,055
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 | €258,283 | €320,052 | +€61,769 | +23.9% |
| Fixed assets | 21/28 | €53,411 | €69,702 | +€16,291 | +30.5% |
| Tangible fixed assets | 22/27 | €52,106 | €68,397 | +€16,291 | +31.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €38,199 | €56,497 | +€18,298 | +47.9% |
| Other tangible fixed assets | 26 | €13,907 | €11,900 | -€2,007 | -14.4% |
| Financial fixed assets | 28 | €1,305 | €1,305 | = | 0.0% |
| Current assets | 29/58 | €204,872 | €250,350 | +€45,478 | +22.2% |
| Amounts receivable within one year | 40/41 | €40,670 | €10,000 | -€30,670 | -75.4% |
| Trade receivables | 40 | €40,670 | €10,000 | -€30,670 | -75.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €50,095 | €109,776 | +€59,681 | +119% |
| Cash at bank and in hand | 54/58 | €111,453 | €128,439 | +€16,986 | +15.2% |
| Deferred charges and accrued income | 490/1 | €2,654 | €2,135 | -€519 | -19.6% |
| Total equity and liabilities | 10/49 | €258,283 | €320,052 | +€61,769 | +23.9% |
| Equity | 10/15 | €190,892 | €217,279 | +€26,387 | +13.8% |
| Contributions | 10/11 | €81,600 | €81,600 | = | 0.0% |
| Reserves | 13 | €109,100 | €135,400 | +€26,300 | +24.1% |
| Non-distributable reserves | 130/1 | €6,029 | €6,029 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,029 | €6,029 | = | 0.0% |
| Distributable reserves | 133 | €103,071 | €129,371 | +€26,300 | +25.5% |
| Profit (loss) carried forward | 14 | €192 | €278 | +€87 | +45.3% |
| Amounts payable | 17/49 | €67,391 | €102,774 | +€35,383 | +52.5% |
| Amounts payable after more than one year | 17 | €18,671 | €12,926 | -€5,745 | -30.8% |
| Financial debts | 170/4 | €18,671 | €12,926 | -€5,745 | -30.8% |
| Amounts payable within one year | 42/48 | €48,720 | €89,847 | +€41,128 | +84.4% |
| Current portion of amounts payable after more than one year | 42 | €5,745 | €5,745 | = | 0.0% |
| Trade debts | 44 | €793 | €554 | -€239 | -30.1% |
| Suppliers | 440/4 | €793 | €554 | -€239 | -30.1% |
| Taxes, remuneration and social security | 45 | €26,061 | €38,078 | +€12,017 | +46.1% |
| Taxes | 450/3 | €26,061 | €38,078 | +€12,017 | +46.1% |
| Other amounts payable | 47/48 | €16,122 | €45,471 | +€29,349 | +182% |
| Remuneration, social security and pensions | 62 | €0 | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,415 | €16,123 | +€4,708 | +41.2% |
| Other operating charges | 640/8 | €2,431 | €1,055 | -€1,376 | -56.6% |
| Gross operating margin | 9900 | €101,374 | €127,725 | +€26,352 | +26.0% |
| Operating profit (loss) | 9901 | €87,528 | €110,420 | +€22,892 | +26.2% |
| Financial income | 75/76B | €529 | €433 | -€97 | -18.3% |
| Recurring financial income | 75 | €529 | €433 | -€97 | -18.3% |
| Financial charges | 65/66B | €957 | €930 | -€27 | -2.8% |
| Recurring financial charges | 65 | €957 | €930 | -€27 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €87,100 | €109,922 | +€22,823 | +26.2% |
| Income taxes | 67/77 | €28,030 | €36,136 | +€8,106 | +28.9% |
| Profit (loss) for the period | 9904 | €59,070 | €73,787 | +€14,717 | +24.9% |
| Transfer from tax-exempt reserves | 789 | €11,579 | €0 | -€11,579 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €70,649 | €73,787 | +€3,138 | +4.4% |
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 17 October 2026 via checked.be.