ORTHOMEDICS: 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.
ORTHOMEDICS
Largest movements
- Tangible fixed assets -€52,063
down €52,063 (-4.6%), from €1.1m to €1.1m
of which Land and buildings: -€44,750
- Cash -€42,928
down €42,928 (-58.9%), from €72,846 to €29,918
mainly Debts after one year (-€70,657) and Other debts (-€63,826)
- Current investments +€26,928
up €26,928 (+15.5%), from €173,340 to €200,268
- Deferred charges and accrued income -€23,778
down €23,778 (-83.9%), from €28,338 to €4,560
- Reserves +€134,484
up €134,484 (+13.3%), from €1.0m to €1.1m
- Debts after one year -€70,657
down €70,657 (-32.2%), from €219,695 to €149,038
- Other debts -€63,826
down €63,826 (-86.3%), from €73,961 to €10,135
- Trade debts -€61,888
down €61,888 (-100.0%), from €61,917 to €29
- Financial income +€79,593
up €79,593 (+2,463%), from €3,231 to €82,824
- Taxes +€11,520
up €11,520 (+49.2%), from €23,400 to €34,920
- Depreciation +€2,841
up €2,841 (+4.7%), from €60,708 to €63,549
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 | €1,518,800 | €1,429,828 | -€88,972 | -5.9% |
| Fixed assets | 21/28 | €1,218,493 | €1,166,430 | -€52,063 | -4.3% |
| Tangible fixed assets | 22/27 | €1,123,993 | €1,071,930 | -€52,063 | -4.6% |
| Land and buildings | 22 | €1,080,286 | €1,035,536 | -€44,750 | -4.1% |
| Plant, machinery and equipment | 23 | €3,297 | €2,571 | -€726 | -22.0% |
| Furniture and vehicles | 24 | €39,832 | €33,350 | -€6,482 | -16.3% |
| Other tangible fixed assets | 26 | €578 | €473 | -€105 | -18.2% |
| Financial fixed assets | 28 | €94,500 | €94,500 | = | 0.0% |
| Current assets | 29/58 | €300,307 | €263,398 | -€36,909 | -12.3% |
| Amounts receivable within one year | 40/41 | €25,783 | €28,652 | +€2,869 | +11.1% |
| Trade receivables | 40 | €16,214 | €19,083 | +€2,869 | +17.7% |
| Other amounts receivable | 41 | €9,569 | €9,569 | = | 0.0% |
| Current investments | 50/53 | €173,340 | €200,268 | +€26,928 | +15.5% |
| Cash at bank and in hand | 54/58 | €72,846 | €29,918 | -€42,928 | -58.9% |
| Deferred charges and accrued income | 490/1 | €28,338 | €4,560 | -€23,778 | -83.9% |
| Total equity and liabilities | 10/49 | €1,518,800 | €1,429,828 | -€88,972 | -5.9% |
| Equity | 10/15 | €1,029,387 | €1,163,871 | +€134,484 | +13.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,010,347 | €1,144,831 | +€134,484 | +13.3% |
| Distributable reserves | 133 | €1,010,347 | €1,144,831 | +€134,484 | +13.3% |
| Profit (loss) carried forward | 14 | €40 | €40 | = | 0.0% |
| Amounts payable | 17/49 | €489,413 | €265,957 | -€223,456 | -45.7% |
| Amounts payable after more than one year | 17 | €219,695 | €149,038 | -€70,657 | -32.2% |
| Financial debts | 170/4 | €219,695 | €149,038 | -€70,657 | -32.2% |
| Amounts payable within one year | 42/48 | €262,157 | €114,045 | -€148,112 | -56.5% |
| Current portion of amounts payable after more than one year | 42 | €77,720 | €70,902 | -€6,818 | -8.8% |
| Financial debts | 43 | €6,667 | €3,333 | -€3,334 | -50.0% |
| Other loans | 439 | €6,667 | €3,333 | -€3,334 | -50.0% |
| Trade debts | 44 | €61,917 | €29 | -€61,888 | -100.0% |
| Suppliers | 440/4 | €61,917 | €29 | -€61,888 | -100.0% |
| Taxes, remuneration and social security | 45 | €41,892 | €29,646 | -€12,246 | -29.2% |
| Taxes | 450/3 | €41,892 | €29,646 | -€12,246 | -29.2% |
| Other amounts payable | 47/48 | €73,961 | €10,135 | -€63,826 | -86.3% |
| Accrued charges and deferred income | 492/3 | €7,561 | €2,874 | -€4,687 | -62.0% |
| Non-recurring operating income | 76A | €165 | - | -€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,708 | €63,549 | +€2,841 | +4.7% |
| Other operating charges | 640/8 | €7,671 | €9,052 | +€1,381 | +18.0% |
| Non-recurring operating charges | 66A | €10,800 | - | -€10,800 | |
| Gross operating margin | 9900 | €163,453 | €164,085 | +€632 | +0.4% |
| Operating profit (loss) | 9901 | €84,274 | €91,484 | +€7,210 | +8.6% |
| Financial income | 75/76B | €3,231 | €82,824 | +€79,593 | +2,463% |
| Recurring financial income | 75 | €3,231 | €82,824 | +€79,593 | +2,463% |
| Financial charges | 65/66B | €5,705 | €4,904 | -€801 | -14.0% |
| Recurring financial charges | 65 | €5,705 | €4,904 | -€801 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €81,800 | €169,404 | +€87,604 | +107% |
| Income taxes | 67/77 | €23,400 | €34,920 | +€11,520 | +49.2% |
| Profit (loss) for the period | 9904 | €58,400 | €134,484 | +€76,084 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €58,400 | €134,484 | +€76,084 | +130% |
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 27 October 2026 via checked.be.