ORTHOLAB: 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.
ORTHOLAB
Largest movements
- Tangible fixed assets -€36,782
down €36,782 (-31.1%), from €118,354 to €81,571
of which Furniture and vehicles: -€25,961
- Cash -€22,865
down €22,865 (-71.4%), from €32,028 to €9,163
mainly Other debts (-€56,862) and Deferred charges and accrued income (-€10,991)
- Deferred charges and accrued income +€10,991
up €10,991 (+43.6%), from €25,234 to €36,225
- Current investments +€9,071
up €9,071 (+12.5%), from €72,849 to €81,920
- Other debts -€56,862
down €56,862 (-33.5%), from €169,520 to €112,658
- Reserves +€18,593
up €18,593 (+9.6%), from €193,691 to €212,284
- Accrued charges and deferred income -€2,902
down €2,902 (-45.2%), from €6,422 to €3,520
- Gross operating margin +€59,325
up €59,325 (+225.1%), from €26,351 to €85,676
- Financial charges -€29,426
down €29,426 (-77.8%), from €37,846 to €8,420
- Financial income +€5,626
up €5,626 (+134.1%), from €4,195 to €9,821
- Depreciation -€3,711
down €3,711 (-8.6%), from €43,373 to €39,662
- Taxes +€1,849
up €1,849 (+457.9%), from €404 to €2,252
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 | €249,931 | €208,914 | -€41,017 | -16.4% |
| Fixed assets | 21/28 | €118,389 | €81,606 | -€36,782 | -31.1% |
| Tangible fixed assets | 22/27 | €118,354 | €81,571 | -€36,782 | -31.1% |
| Land and buildings | 22 | €20,288 | €20,288 | = | 0.0% |
| Plant, machinery and equipment | 23 | €38,666 | €27,845 | -€10,821 | -28.0% |
| Furniture and vehicles | 24 | €59,400 | €33,439 | -€25,961 | -43.7% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €131,542 | €127,308 | -€4,234 | -3.2% |
| Amounts receivable within one year | 40/41 | €1,431 | - | -€1,431 | |
| Trade receivables | 40 | €100 | - | -€100 | |
| Other amounts receivable | 41 | €1,331 | - | -€1,331 | |
| Current investments | 50/53 | €72,849 | €81,920 | +€9,071 | +12.5% |
| Cash at bank and in hand | 54/58 | €32,028 | €9,163 | -€22,865 | -71.4% |
| Deferred charges and accrued income | 490/1 | €25,234 | €36,225 | +€10,991 | +43.6% |
| Total equity and liabilities | 10/49 | €249,931 | €208,914 | -€41,017 | -16.4% |
| Equity | 10/15 | €71,178 | €89,771 | +€18,593 | +26.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €193,691 | €212,284 | +€18,593 | +9.6% |
| Distributable reserves | 133 | €193,691 | €212,284 | +€18,593 | +9.6% |
| Profit (loss) carried forward | 14 | -€141,106 | -€141,106 | = | 0.0% |
| Amounts payable | 17/49 | €178,753 | €119,144 | -€59,610 | -33.3% |
| Amounts payable within one year | 42/48 | €172,331 | €115,624 | -€56,707 | -32.9% |
| Trade debts | 44 | €1,398 | €937 | -€461 | -33.0% |
| Suppliers | 440/4 | €1,398 | €937 | -€461 | -33.0% |
| Taxes, remuneration and social security | 45 | €1,413 | €2,029 | +€616 | +43.6% |
| Taxes | 450/3 | - | €539 | +€539 | |
| Remuneration and social security | 454/9 | €1,413 | €1,491 | +€77 | +5.5% |
| Other amounts payable | 47/48 | €169,520 | €112,658 | -€56,862 | -33.5% |
| Accrued charges and deferred income | 492/3 | €6,422 | €3,520 | -€2,902 | -45.2% |
| Remuneration, social security and pensions | 62 | €22,791 | €23,739 | +€948 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,373 | €39,662 | -€3,711 | -8.6% |
| Other operating charges | 640/8 | €2,823 | €2,831 | +€8 | +0.3% |
| Gross operating margin | 9900 | €26,351 | €85,676 | +€59,325 | +225.1% |
| Operating profit (loss) | 9901 | -€42,636 | €19,444 | +€62,080 | |
| Financial income | 75/76B | €4,195 | €9,821 | +€5,626 | +134.1% |
| Recurring financial income | 75 | €4,195 | €9,821 | +€5,626 | +134.1% |
| Financial charges | 65/66B | €37,846 | €8,420 | -€29,426 | -77.8% |
| Recurring financial charges | 65 | €37,846 | €8,420 | -€29,426 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | -€76,287 | €20,845 | +€97,132 | |
| Income taxes | 67/77 | €404 | €2,252 | +€1,849 | +457.9% |
| Profit (loss) for the period | 9904 | -€76,691 | €18,593 | +€95,284 | |
| Profit (loss) for the period to be appropriated | 9905 | -€76,691 | €18,593 | +€95,284 |
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 10 October 2026 via checked.be.