ORTHOKILAM: what changed
What changed
ORTHOKILAM
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€165,988
2024 · €151,611+€14,376
Equity
€538,195
2024 · €573,932-€35,736
Cash
€285,244
2024 · €149,945+€135,299
Balance sheet total
€635,669
2024 · €704,657-€68,989
Largest movements
Assets
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Cash +€135,299
up €135,299 (+90.2%), from €149,945 to €285,244
mainly Current investments (+€200,000) and Net result for the year (+€165,988)
- Tangible fixed assets -€17,340
down €17,340 (-11.5%), from €151,332 to €133,992
of which Furniture and vehicles: -€12,135
- Deferred charges and accrued income +€14,442
up €14,442 (+13.9%), from €104,060 to €118,502
- Receivables after one year -€9,000
down €9,000 (-9.1%), from €99,000 to €90,000
Equity and liabilities
- Reserves -€35,736
down €35,736 (-6.4%), from €555,332 to €519,595
- Debts after one year -€22,460
down €22,460 (-24.4%), from €91,896 to €69,436
of which Financial debts: -€22,460
- Tax, wage and social debts -€11,874
no longer reported in 2025 (was €11,874)
Income statement
- Gross operating margin +€22,797
up €22,797 (+9.6%), from €237,242 to €260,040
- Taxes +€7,169
up €7,169 (+10.9%), from €66,020 to €73,189
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€151,611
Gross operating margin
+€22,797
Depreciation
-€455
Other operating charges
+€83
Financial income
-€1,927
Financial charges
+€1,046
Taxes
-€7,169
Result 2025
€165,988
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€159,054
Investment
+€200,000
Financing
-€223,754
Cash 2024
€149,945
From operations (derived)
+€159,054
Net result for the year
+€165,988
Depreciation
+€17,340
Receivables after one year
+€9,000
Receivables within one year
-€7,610
Deferred charges and accrued income
-€14,442
Trade debts
+€2,428
Tax, wage and social debts
-€11,874
Other debts
-€2,596
Accrued charges and deferred income
+€820
Investment (derived)
+€200,000
Current investments
+€200,000
Financing
-€223,754
Debts after one year
-€22,460
Current portion of long-term debt
+€430
Contributions, distributions and other
-€201,724
Cash 2025
€285,244
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €704,657 | €635,669 | -€68,989 | -9.8% |
| Fixed assets | 21/28 | €151,652 | €134,312 | -€17,340 | -11.4% |
| Tangible fixed assets | 22/27 | €151,332 | €133,992 | -€17,340 | -11.5% |
| Land and buildings | 22 | €121,587 | €116,382 | -€5,204 | -4.3% |
| Furniture and vehicles | 24 | €13,545 | €1,410 | -€12,135 | -89.6% |
| Other tangible fixed assets | 26 | €16,200 | €16,200 | = | 0.0% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €553,005 | €501,356 | -€51,649 | -9.3% |
| Amounts receivable after more than one year | 29 | €99,000 | €90,000 | -€9,000 | -9.1% |
| Other amounts receivable | 291 | €99,000 | €90,000 | -€9,000 | -9.1% |
| Amounts receivable within one year | 40/41 | - | €7,610 | +€7,610 | |
| Other amounts receivable | 41 | - | €7,610 | +€7,610 | |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €149,945 | €285,244 | +€135,299 | +90.2% |
| Deferred charges and accrued income | 490/1 | €104,060 | €118,502 | +€14,442 | +13.9% |
| Total equity and liabilities | 10/49 | €704,657 | €635,669 | -€68,989 | -9.8% |
| Equity | 10/15 | €573,932 | €538,195 | -€35,736 | -6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €555,332 | €519,595 | -€35,736 | -6.4% |
| Distributable reserves | 133 | €555,332 | €519,595 | -€35,736 | -6.4% |
| Amounts payable | 17/49 | €130,726 | €97,473 | -€33,253 | -25.4% |
| Amounts payable after more than one year | 17 | €91,896 | €69,436 | -€22,460 | -24.4% |
| Financial debts | 170/4 | €90,496 | €68,036 | -€22,460 | -24.8% |
| Other amounts payable | 178/9 | €1,400 | €1,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,829 | €27,217 | -€11,612 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €22,030 | €22,460 | +€430 | +2.0% |
| Trade debts | 44 | €2,328 | €4,757 | +€2,428 | +104% |
| Suppliers | 440/4 | €2,328 | €4,757 | +€2,428 | +104% |
| Taxes, remuneration and social security | 45 | €11,874 | - | -€11,874 | |
| Taxes | 450/3 | €11,874 | - | -€11,874 | |
| Other amounts payable | 47/48 | €2,596 | - | -€2,596 | |
| Accrued charges and deferred income | 492/3 | - | €820 | +€820 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,885 | €17,340 | +€455 | +2.7% |
| Other operating charges | 640/8 | €1,941 | €1,858 | -€83 | -4.3% |
| Gross operating margin | 9900 | €237,242 | €260,040 | +€22,797 | +9.6% |
| Operating profit (loss) | 9901 | €218,416 | €240,842 | +€22,426 | +10.3% |
| Financial income | 75/76B | €5,363 | €3,437 | -€1,927 | -35.9% |
| Recurring financial income | 75 | €5,363 | €3,437 | -€1,927 | -35.9% |
| Financial charges | 65/66B | €6,148 | €5,102 | -€1,046 | -17.0% |
| Recurring financial charges | 65 | €6,148 | €5,102 | -€1,046 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €217,631 | €239,177 | +€21,545 | +9.9% |
| Income taxes | 67/77 | €66,020 | €73,189 | +€7,169 | +10.9% |
| Profit (loss) for the period | 9904 | €151,611 | €165,988 | +€14,376 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €151,611 | €165,988 | +€14,376 | +9.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.