ORTHOMEDEX: 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.
ORTHOMEDEX
Largest movements
- Tangible fixed assets -€64,241
down €64,241 (-7.9%), from €813,719 to €749,478
of which Land and buildings: -€63,557
- Receivables within one year -€30,238
down €30,238 (-47.8%), from €63,213 to €32,975
of which Other amounts receivable: -€41,798
- Cash +€12,308
up €12,308 (+24.9%), from €49,502 to €61,810
mainly Depreciation (+€66,273) and Net result for the year (+€42,868)
- Debts after one year -€63,157
down €63,157 (-14.1%), from €447,870 to €384,713
- Other debts -€23,400
down €23,400 (-13.1%), from €178,550 to €155,150
- Gross operating margin +€26,829
up €26,829 (+17.4%), from €153,844 to €180,673
- Taxes +€4,786
up €4,786 (+34.9%), from €13,695 to €18,481
- Staff costs +€1,973
up €1,973 (+9.5%), from €20,847 to €22,820
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 | €1,000,226 | €917,358 | -€82,868 | -8.3% |
| Fixed assets | 21/28 | €841,319 | €777,078 | -€64,241 | -7.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €813,719 | €749,478 | -€64,241 | -7.9% |
| Land and buildings | 22 | €811,934 | €748,377 | -€63,557 | -7.8% |
| Plant, machinery and equipment | 23 | €1,284 | €1,101 | -€183 | -14.3% |
| Furniture and vehicles | 24 | €501 | €0 | -€501 | -100% |
| Financial fixed assets | 28 | €27,600 | €27,600 | = | 0.0% |
| Current assets | 29/58 | €158,906 | €140,280 | -€18,626 | -11.7% |
| Amounts receivable within one year | 40/41 | €63,213 | €32,975 | -€30,238 | -47.8% |
| Trade receivables | 40 | €19,886 | €31,445 | +€11,559 | +58.1% |
| Other amounts receivable | 41 | €43,327 | €1,529 | -€41,798 | -96.5% |
| Cash at bank and in hand | 54/58 | €49,502 | €61,810 | +€12,308 | +24.9% |
| Deferred charges and accrued income | 490/1 | €46,191 | €45,495 | -€696 | -1.5% |
| Total equity and liabilities | 10/49 | €1,000,226 | €917,358 | -€82,868 | -8.3% |
| Equity | 10/15 | €266,374 | €264,243 | -€2,132 | -0.8% |
| Reserves | 13 | €266,374 | €264,243 | -€2,132 | -0.8% |
| Distributable reserves | 133 | €266,374 | €264,243 | -€2,132 | -0.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €733,852 | €653,116 | -€80,736 | -11.0% |
| Amounts payable after more than one year | 17 | €447,870 | €384,713 | -€63,157 | -14.1% |
| Financial debts | 170/4 | €447,870 | €384,713 | -€63,157 | -14.1% |
| Amounts payable within one year | 42/48 | €285,982 | €268,402 | -€17,579 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €81,617 | €83,157 | +€1,540 | +1.9% |
| Trade debts | 44 | €9,250 | €11,242 | +€1,993 | +21.5% |
| Suppliers | 440/4 | €9,250 | €11,242 | +€1,993 | +21.5% |
| Taxes, remuneration and social security | 45 | €16,565 | €18,853 | +€2,288 | +13.8% |
| Taxes | 450/3 | €8,695 | €13,766 | +€5,071 | +58.3% |
| Remuneration and social security | 454/9 | €7,870 | €5,087 | -€2,783 | -35.4% |
| Other amounts payable | 47/48 | €178,550 | €155,150 | -€23,400 | -13.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €20,847 | €22,820 | +€1,973 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,098 | €66,273 | -€826 | -1.2% |
| Other operating charges | 640/8 | €3,498 | €4,254 | +€755 | +21.6% |
| Gross operating margin | 9900 | €153,844 | €180,673 | +€26,829 | +17.4% |
| Operating profit (loss) | 9901 | €62,400 | €87,326 | +€24,926 | +39.9% |
| Financial income | 75/76B | €495 | €91 | -€405 | -81.7% |
| Recurring financial income | 75 | €495 | €91 | -€405 | -81.7% |
| Financial charges | 65/66B | €24,603 | €26,067 | +€1,464 | +6.0% |
| Recurring financial charges | 65 | €24,603 | €26,067 | +€1,464 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €38,292 | €61,349 | +€23,057 | +60.2% |
| Income taxes | 67/77 | €13,695 | €18,481 | +€4,786 | +34.9% |
| Profit (loss) for the period | 9904 | €24,597 | €42,868 | +€18,271 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,597 | €42,868 | +€18,271 | +74.3% |
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 30 October 2026 via checked.be.