ORTHOMEX: 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.
ORTHOMEX
Largest movements
- Receivables within one year +€80,659
up €80,659 (+7.8%), from €1.0m to €1.1m
of which Other amounts receivable: +€82,454
- Tangible fixed assets -€26,608
down €26,608 (-16.3%), from €163,439 to €136,831
of which Furniture and vehicles: -€13,450
- Profit (loss) carried forward -€116,024
down €116,024 (-59.5%), from -€194,940 to -€310,964
- Trade debts +€107,064
up €107,064 (+266%), from €40,243 to €147,306
- Accrued charges and deferred income +€59,316
up €59,316 (+13.1%), from €452,561 to €511,877
- Gross operating margin -€22,983
down €22,983 (-39.5%), from -€58,205 to -€81,189
- Depreciation +€5,591
up €5,591 (+23.2%), from €24,120 to €29,712
- Other operating charges +€1,081
up €1,081 (+45.0%), from €2,403 to €3,484
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 | €1,216,692 | €1,269,285 | +€52,593 | +4.3% |
| Fixed assets | 21/28 | €163,439 | €136,831 | -€26,608 | -16.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €163,439 | €136,831 | -€26,608 | -16.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €50,297 | €36,846 | -€13,450 | -26.7% |
| Other tangible fixed assets | 26 | €113,142 | €99,984 | -€13,158 | -11.6% |
| Current assets | 29/58 | €1,053,253 | €1,132,454 | +€79,201 | +7.5% |
| Amounts receivable within one year | 40/41 | €1,036,413 | €1,117,072 | +€80,659 | +7.8% |
| Trade receivables | 40 | €1,795 | €0 | -€1,795 | -100% |
| Other amounts receivable | 41 | €1,034,618 | €1,117,072 | +€82,454 | +8.0% |
| Cash at bank and in hand | 54/58 | €15,890 | €14,379 | -€1,511 | -9.5% |
| Deferred charges and accrued income | 490/1 | €950 | €1,003 | +€53 | +5.6% |
| Total equity and liabilities | 10/49 | €1,216,692 | €1,269,285 | +€52,593 | +4.3% |
| Equity | 10/15 | €646,806 | €530,782 | -€116,024 | -17.9% |
| Contributions | 10/11 | €18,782 | €18,782 | = | 0.0% |
| Reserves | 13 | €822,964 | €822,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44 | €44 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44 | €44 | = | 0.0% |
| Distributable reserves | 133 | €822,920 | €822,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,940 | -€310,964 | -€116,024 | -59.5% |
| Amounts payable | 17/49 | €569,886 | €738,502 | +€168,617 | +29.6% |
| Amounts payable within one year | 42/48 | €117,325 | €226,626 | +€109,301 | +93.2% |
| Trade debts | 44 | €40,243 | €147,306 | +€107,064 | +266% |
| Suppliers | 440/4 | €40,243 | €147,306 | +€107,064 | +266% |
| Taxes, remuneration and social security | 45 | €7,090 | €4,549 | -€2,541 | -35.8% |
| Taxes | 450/3 | €5,090 | €2,549 | -€2,541 | -49.9% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €69,992 | €74,770 | +€4,778 | +6.8% |
| Accrued charges and deferred income | 492/3 | €452,561 | €511,877 | +€59,316 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,120 | €29,712 | +€5,591 | +23.2% |
| Other operating charges | 640/8 | €2,403 | €3,484 | +€1,081 | +45.0% |
| Gross operating margin | 9900 | -€58,205 | -€81,189 | -€22,983 | -39.5% |
| Operating profit (loss) | 9901 | -€84,728 | -€114,384 | -€29,656 | -35.0% |
| Financial income | 75/76B | €18 | €3 | -€15 | -84.3% |
| Recurring financial income | 75 | €18 | €3 | -€15 | -84.3% |
| Financial charges | 65/66B | €1,112 | €1,471 | +€359 | +32.3% |
| Recurring financial charges | 65 | €1,112 | €1,471 | +€359 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | -€85,823 | -€115,853 | -€30,030 | -35.0% |
| Income taxes | 67/77 | €230 | €171 | -€60 | -25.9% |
| Profit (loss) for the period | 9904 | -€86,053 | -€116,024 | -€29,970 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,053 | -€116,024 | -€29,970 | -34.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.