OrthoLabel: 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.
OrthoLabel
Largest movements
- Cash +€100,496
up €100,496 (+16.4%), from €613,766 to €714,261
mainly Net result for the year (+€936,570) and Depreciation (+€176,133)
- Tangible fixed assets +€100,025
up €100,025 (+6.4%), from €1.6m to €1.7m
of which Land and buildings: +€146,543
- Profit (loss) carried forward -€154,397
down €154,397 (-99.8%), from €154,667 to €270
- Reserves +€126,300
up €126,300 (+37.8%), from €334,520 to €460,820
of which Tax-exempt reserves: +€126,300
- Debts after one year +€94,775
up €94,775 (+13.0%), from €727,764 to €822,540
- Other debts +€79,528
up €79,528 (+12.3%), from €645,904 to €725,432
- Tax, wage and social debts +€62,928
up €62,928 (+45.0%), from €139,950 to €202,879
of which Taxes: +€63,783
- Gross operating margin +€328,281
up €328,281 (+27.7%), from €1.2m to €1.5m
- Taxes +€77,833
up €77,833 (+35.2%), from €220,888 to €298,721
- Depreciation -€18,163
down €18,163 (-9.3%), from €194,296 to €176,133
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 | €2,169,422 | €2,373,491 | +€204,069 | +9.4% |
| Fixed assets | 21/28 | €1,554,204 | €1,659,229 | +€105,025 | +6.8% |
| Tangible fixed assets | 22/27 | €1,554,179 | €1,654,204 | +€100,025 | +6.4% |
| Land and buildings | 22 | €1,375,886 | €1,522,429 | +€146,543 | +10.7% |
| Plant, machinery and equipment | 23 | €83,053 | €68,650 | -€14,403 | -17.3% |
| Furniture and vehicles | 24 | €95,240 | €63,125 | -€32,115 | -33.7% |
| Financial fixed assets | 28 | €25 | €5,025 | +€5,000 | +20,000% |
| Current assets | 29/58 | €615,218 | €714,261 | +€99,044 | +16.1% |
| Cash at bank and in hand | 54/58 | €613,766 | €714,261 | +€100,496 | +16.4% |
| Deferred charges and accrued income | 490/1 | €1,452 | - | -€1,452 | |
| Total equity and liabilities | 10/49 | €2,169,422 | €2,373,491 | +€204,069 | +9.4% |
| Equity | 10/15 | €525,187 | €497,090 | -€28,097 | -5.3% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €334,520 | €460,820 | +€126,300 | +37.8% |
| Non-distributable reserves | 130/1 | €3,600 | €3,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,600 | €3,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €252,600 | €378,900 | +€126,300 | +50.0% |
| Distributable reserves | 133 | €78,320 | €78,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,667 | €270 | -€154,397 | -99.8% |
| Amounts payable | 17/49 | €1,644,235 | €1,876,400 | +€232,166 | +14.1% |
| Amounts payable after more than one year | 17 | €727,764 | €822,540 | +€94,775 | +13.0% |
| Financial debts | 170/4 | €727,764 | €822,540 | +€94,775 | +13.0% |
| Amounts payable within one year | 42/48 | €916,470 | €1,053,860 | +€137,390 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €110,997 | €120,209 | +€9,211 | +8.3% |
| Trade debts | 44 | €16,265 | €5,341 | -€10,924 | -67.2% |
| Suppliers | 440/4 | €16,265 | €5,341 | -€10,924 | -67.2% |
| Advances received on contracts in progress | 46 | €3,354 | - | -€3,354 | |
| Taxes, remuneration and social security | 45 | €139,950 | €202,879 | +€62,928 | +45.0% |
| Taxes | 450/3 | €126,217 | €190,000 | +€63,783 | +50.5% |
| Remuneration and social security | 454/9 | €13,733 | €12,879 | -€855 | -6.2% |
| Other amounts payable | 47/48 | €645,904 | €725,432 | +€79,528 | +12.3% |
| Remuneration, social security and pensions | 62 | €103,804 | €96,106 | -€7,698 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,296 | €176,133 | -€18,163 | -9.3% |
| Other operating charges | 640/8 | €4,141 | €5,751 | +€1,609 | +38.9% |
| Gross operating margin | 9900 | €1,186,682 | €1,514,963 | +€328,281 | +27.7% |
| Operating profit (loss) | 9901 | €884,440 | €1,236,973 | +€352,533 | +39.9% |
| Financial income | 75/76B | €6,615 | €18,917 | +€12,302 | +186% |
| Recurring financial income | 75 | €6,615 | €18,917 | +€12,302 | +186% |
| Financial charges | 65/66B | €15,878 | €20,598 | +€4,721 | +29.7% |
| Recurring financial charges | 65 | €15,878 | €20,598 | +€4,721 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €875,177 | €1,235,291 | +€360,115 | +41.1% |
| Income taxes | 67/77 | €220,888 | €298,721 | +€77,833 | +35.2% |
| Profit (loss) for the period | 9904 | €654,289 | €936,570 | +€282,281 | +43.1% |
| Transfer to tax-exempt reserves | 689 | - | €126,300 | +€126,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €654,289 | €810,270 | +€155,981 | +23.8% |
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 19 October 2026 via checked.be.