ORTHONOS: 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.
ORTHONOS
Largest movements
- Receivables within one year +€56,525
up €56,525 (+1259.1%), from €4,489 to €61,014
of which Other amounts receivable: +€41,000
- Tangible fixed assets -€8,798
down €8,798 (-34.1%), from €25,831 to €17,033
- Cash -€7,252
down €7,252 (-90.0%), from €8,058 to €806
mainly Receivables within one year (-€56,525) and Deferred charges and accrued income (-€1,137)
- Deferred charges and accrued income +€1,137
up €1,137 (+910.0%), from €125 to €1,262
- Profit (loss) carried forward +€33,393
up €33,393 (+351.8%), from €9,493 to €42,885
- Trade debts +€4,770
new in 2025: €4,770
- Tax, wage and social debts +€4,102
up €4,102 (+219.8%), from €1,866 to €5,968
- Gross operating margin +€43,570
up €43,570 (+322.4%), from €13,516 to €57,086
- Taxes +€11,102
up €11,102 (+424.3%), from €2,616 to €13,718
- Depreciation +€8,232
up €8,232 (+1453.6%), from €566 to €8,798
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 | €38,503 | €80,115 | +€41,612 | +108.1% |
| Fixed assets | 21/28 | €25,831 | €17,033 | -€8,798 | -34.1% |
| Tangible fixed assets | 22/27 | €25,831 | €17,033 | -€8,798 | -34.1% |
| Furniture and vehicles | 24 | €25,831 | €17,033 | -€8,798 | -34.1% |
| Current assets | 29/58 | €12,673 | €63,082 | +€50,410 | +397.8% |
| Amounts receivable within one year | 40/41 | €4,489 | €61,014 | +€56,525 | +1259.1% |
| Trade receivables | 40 | €4,489 | €20,014 | +€15,525 | +345.8% |
| Other amounts receivable | 41 | - | €41,000 | +€41,000 | |
| Cash at bank and in hand | 54/58 | €8,058 | €806 | -€7,252 | -90.0% |
| Deferred charges and accrued income | 490/1 | €125 | €1,262 | +€1,137 | +910.0% |
| Total equity and liabilities | 10/49 | €38,503 | €80,115 | +€41,612 | +108.1% |
| Equity | 10/15 | €11,493 | €44,885 | +€33,393 | +290.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,493 | €42,885 | +€33,393 | +351.8% |
| Amounts payable | 17/49 | €27,011 | €35,230 | +€8,219 | +30.4% |
| Amounts payable within one year | 42/48 | €27,011 | €35,230 | +€8,219 | +30.4% |
| Trade debts | 44 | - | €4,770 | +€4,770 | |
| Suppliers | 440/4 | - | €4,770 | +€4,770 | |
| Taxes, remuneration and social security | 45 | €1,866 | €5,968 | +€4,102 | +219.8% |
| Taxes | 450/3 | €1,866 | €5,968 | +€4,102 | +219.8% |
| Other amounts payable | 47/48 | €25,145 | €24,491 | -€654 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €566 | €8,798 | +€8,232 | +1453.6% |
| Other operating charges | 640/8 | - | €301 | +€301 | |
| Gross operating margin | 9900 | €13,516 | €57,086 | +€43,570 | +322.4% |
| Operating profit (loss) | 9901 | €12,949 | €47,986 | +€35,037 | +270.6% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €8 | €45 | +€38 | +500.0% |
| Recurring financial charges | 65 | €8 | €45 | +€38 | +500.0% |
| Profit (loss) for the period before taxes | 9903 | €12,942 | €47,944 | +€35,002 | +270.5% |
| Income taxes | 67/77 | €2,616 | €13,718 | +€11,102 | +424.3% |
| Profit (loss) for the period | 9904 | €10,326 | €34,226 | +€23,900 | +231.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,326 | €34,226 | +€23,900 | +231.5% |
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 2 October 2026 via checked.be.