OrthON: what changed
Two fiscal 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.
OrthON
Largest movements
- Cash +€33,399
up €33,399 (+388.7%), from €8,593 to €41,992
mainly Net result for the year (+€52,408) and Depreciation (+€14,801)
- Receivables within one year +€18,418
up €18,418 (+527.0%), from €3,495 to €21,913
of which Other amounts receivable: +€18,763
- Tangible fixed assets -€4,547
down €4,547 (-14.5%), from €31,445 to €26,899
- Deferred charges and accrued income -€1,083
no longer reported in 2025 (was €1,083)
- Reserves +€52,408
up €52,408 (+178.7%), from €29,321 to €81,729
- Tax, wage and social debts -€7,055
down €7,055 (-57.4%), from €12,295 to €5,241
- Gross operating margin +€38,251
up €38,251 (+74.4%), from €51,417 to €89,668
- Taxes +€9,462
up €9,462 (+77.0%), from €12,295 to €21,758
- Depreciation +€5,246
up €5,246 (+54.9%), from €9,555 to €14,801
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.
Cash bridge derived
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 | €44,617 | €90,804 | +€46,187 | +103.5% |
| Fixed assets | 21/28 | €31,445 | €26,899 | -€4,547 | -14.5% |
| Tangible fixed assets | 22/27 | €31,445 | €26,899 | -€4,547 | -14.5% |
| Furniture and vehicles | 24 | €31,445 | €26,899 | -€4,547 | -14.5% |
| Current assets | 29/58 | €13,171 | €63,905 | +€50,734 | +385.2% |
| Amounts receivable within one year | 40/41 | €3,495 | €21,913 | +€18,418 | +527.0% |
| Trade receivables | 40 | €345 | - | -€345 | |
| Other amounts receivable | 41 | €3,150 | €21,913 | +€18,763 | +595.6% |
| Cash at bank and in hand | 54/58 | €8,593 | €41,992 | +€33,399 | +388.7% |
| Deferred charges and accrued income | 490/1 | €1,083 | - | -€1,083 | |
| Total equity and liabilities | 10/49 | €44,617 | €90,804 | +€46,187 | +103.5% |
| Equity | 10/15 | €32,321 | €84,729 | +€52,408 | +162.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,321 | €81,729 | +€52,408 | +178.7% |
| Distributable reserves | 133 | €29,321 | €81,729 | +€52,408 | +178.7% |
| Amounts payable | 17/49 | €12,295 | €6,074 | -€6,221 | -50.6% |
| Amounts payable within one year | 42/48 | €12,295 | €6,074 | -€6,221 | -50.6% |
| Trade debts | 44 | - | €834 | +€834 | |
| Suppliers | 440/4 | - | €834 | +€834 | |
| Taxes, remuneration and social security | 45 | €12,295 | €5,241 | -€7,055 | -57.4% |
| Taxes | 450/3 | €12,295 | €5,241 | -€7,055 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,555 | €14,801 | +€5,246 | +54.9% |
| Other operating charges | 640/8 | €283 | €792 | +€508 | +179.4% |
| Non-recurring operating charges | 66A | - | €311 | +€311 | |
| Gross operating margin | 9900 | €51,417 | €89,668 | +€38,251 | +74.4% |
| Operating profit (loss) | 9901 | €41,579 | €73,764 | +€32,185 | +77.4% |
| Financial income | 75/76B | €96 | €476 | +€380 | +395.9% |
| Recurring financial income | 75 | €96 | €476 | +€380 | +395.9% |
| Financial charges | 65/66B | €59 | €75 | +€16 | +28.1% |
| Recurring financial charges | 65 | €59 | €75 | +€16 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €41,617 | €74,165 | +€32,549 | +78.2% |
| Income taxes | 67/77 | €12,295 | €21,758 | +€9,462 | +77.0% |
| Profit (loss) for the period | 9904 | €29,321 | €52,408 | +€23,086 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,321 | €52,408 | +€23,086 | +78.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.