ORTHOLEEM: 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.
ORTHOLEEM
Largest movements
- Tangible fixed assets +€61,566
up €61,566 (+732%), from €8,410 to €69,976
of which Furniture and vehicles: +€56,085
- Cash +€52,435
up €52,435 (+125%), from €42,046 to €94,481
mainly Net result for the year (+€285,861) and Other debts (+€38,351)
- Receivables within one year -€35,906
down €35,906 (-24.7%), from €145,227 to €109,321
- Deferred charges and accrued income -€5,148
down €5,148 (-33.9%), from €15,206 to €10,058
- Other debts +€38,351
up €38,351 (+19.6%), from €196,054 to €234,406
- Current portion of long-term debt +€32,210
up €32,210 (+136%), from €23,609 to €55,820
- Gross operating margin +€68,318
up €68,318 (+18.9%), from €361,456 to €429,774
- Taxes +€13,865
up €13,865 (+18.0%), from €77,045 to €90,909
- Staff costs +€7,846
up €7,846 (+15.8%), from €49,718 to €57,564
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 | €385,889 | €458,836 | +€72,947 | +18.9% |
| Fixed assets | 21/28 | €8,410 | €69,976 | +€61,566 | +732% |
| Tangible fixed assets | 22/27 | €8,410 | €69,976 | +€61,566 | +732% |
| Plant, machinery and equipment | 23 | €5,247 | €8,748 | +€3,501 | +66.7% |
| Furniture and vehicles | 24 | €1,714 | €57,798 | +€56,085 | +3,273% |
| Other tangible fixed assets | 26 | €1,450 | €3,430 | +€1,980 | +137% |
| Current assets | 29/58 | €377,479 | €388,860 | +€11,381 | +3.0% |
| Amounts receivable after more than one year | 29 | €175,000 | €175,000 | = | 0.0% |
| Other amounts receivable | 291 | €175,000 | €175,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €145,227 | €109,321 | -€35,906 | -24.7% |
| Other amounts receivable | 41 | €145,227 | €109,321 | -€35,906 | -24.7% |
| Cash at bank and in hand | 54/58 | €42,046 | €94,481 | +€52,435 | +125% |
| Deferred charges and accrued income | 490/1 | €15,206 | €10,058 | -€5,148 | -33.9% |
| Total equity and liabilities | 10/49 | €385,889 | €458,836 | +€72,947 | +18.9% |
| Equity | 10/15 | €102,300 | €102,300 | = | 0.0% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €9,300 | €9,300 | = | 0.0% |
| Distributable reserves | 133 | €9,300 | €9,300 | = | 0.0% |
| Amounts payable | 17/49 | €283,589 | €356,536 | +€72,947 | +25.7% |
| Amounts payable within one year | 42/48 | €283,589 | €356,536 | +€72,947 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €23,609 | €55,820 | +€32,210 | +136% |
| Trade debts | 44 | €1,348 | €498 | -€850 | -63.0% |
| Suppliers | 440/4 | €1,348 | €498 | -€850 | -63.0% |
| Taxes, remuneration and social security | 45 | €62,578 | €65,813 | +€3,235 | +5.2% |
| Taxes | 450/3 | €55,131 | €54,514 | -€617 | -1.1% |
| Remuneration and social security | 454/9 | €7,447 | €11,299 | +€3,852 | +51.7% |
| Other amounts payable | 47/48 | €196,054 | €234,406 | +€38,351 | +19.6% |
| Remuneration, social security and pensions | 62 | €49,718 | €57,564 | +€7,846 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,861 | €5,628 | +€767 | +15.8% |
| Other operating charges | 640/8 | - | €45 | +€45 | |
| Gross operating margin | 9900 | €361,456 | €429,774 | +€68,318 | +18.9% |
| Operating profit (loss) | 9901 | €306,876 | €366,536 | +€59,660 | +19.4% |
| Financial income | 75/76B | €10,596 | €11,935 | +€1,339 | +12.6% |
| Recurring financial income | 75 | €10,596 | €11,935 | +€1,339 | +12.6% |
| Financial charges | 65/66B | €1,337 | €1,702 | +€365 | +27.3% |
| Recurring financial charges | 65 | €1,337 | €1,702 | +€365 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €316,135 | €376,770 | +€60,635 | +19.2% |
| Income taxes | 67/77 | €77,045 | €90,909 | +€13,865 | +18.0% |
| Profit (loss) for the period | 9904 | €239,091 | €285,861 | +€46,770 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €239,091 | €285,861 | +€46,770 | +19.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.