ORTHOPEDICO: 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.
ORTHOPEDICO
Largest movements
- Receivables within one year +€32,615
up €32,615 (+53.4%), from €61,111 to €93,726
of which Other amounts receivable: +€20,083
- Tangible fixed assets +€10,577
up €10,577 (+12.3%), from €86,336 to €96,913
of which Furniture and vehicles: +€9,073
- Reserves +€27,563
up €27,563 (+3.9%), from €705,325 to €732,888
of which Distributable reserves: +€27,563
- Other debts +€18,737
up €18,737 (+362%), from €5,177 to €23,914
- Gross operating margin -€20,542
down €20,542 (-13.5%), from €152,029 to €131,487
- Financial income +€17,099
up €17,099 (+2,478,162%), from €1 to €17,100
- Financial charges +€9,785
up €9,785 (+1,842%), from €531 to €10,316
- Depreciation +€5,372
up €5,372 (+17.8%), from €30,171 to €35,543
- Taxes -€3,130
down €3,130 (-7.8%), from €39,885 to €36,756
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 | €906,501 | €956,335 | +€49,834 | +5.5% |
| Fixed assets | 21/28 | €659,211 | €669,788 | +€10,577 | +1.6% |
| Tangible fixed assets | 22/27 | €86,336 | €96,913 | +€10,577 | +12.3% |
| Plant, machinery and equipment | 23 | €482 | €1,986 | +€1,504 | +312% |
| Furniture and vehicles | 24 | €85,854 | €94,926 | +€9,073 | +10.6% |
| Financial fixed assets | 28 | €572,875 | €572,875 | = | 0.0% |
| Current assets | 29/58 | €247,291 | €286,547 | +€39,257 | +15.9% |
| Amounts receivable after more than one year | 29 | €59,540 | €59,540 | = | 0.0% |
| Other amounts receivable | 291 | €59,540 | €59,540 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,111 | €93,726 | +€32,615 | +53.4% |
| Trade receivables | 40 | - | €12,532 | +€12,532 | |
| Other amounts receivable | 41 | €61,111 | €81,194 | +€20,083 | +32.9% |
| Cash at bank and in hand | 54/58 | €125,771 | €129,787 | +€4,017 | +3.2% |
| Deferred charges and accrued income | 490/1 | €869 | €3,494 | +€2,625 | +302% |
| Total equity and liabilities | 10/49 | €906,501 | €956,335 | +€49,834 | +5.5% |
| Equity | 10/15 | €800,466 | €828,028 | +€27,563 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €705,325 | €732,888 | +€27,563 | +3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €146,353 | €146,353 | = | 0.0% |
| Distributable reserves | 133 | €557,112 | €584,675 | +€27,563 | +4.9% |
| Profit (loss) carried forward | 14 | €88,941 | €88,941 | = | 0.0% |
| Amounts payable | 17/49 | €106,035 | €128,307 | +€22,271 | +21.0% |
| Amounts payable after more than one year | 17 | €21,039 | €25,435 | +€4,397 | +20.9% |
| Financial debts | 170/4 | €21,039 | €25,435 | +€4,397 | +20.9% |
| Amounts payable within one year | 42/48 | €84,997 | €102,871 | +€17,874 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €39,691 | €45,935 | +€6,243 | +15.7% |
| Trade debts | 44 | €4,783 | €3,049 | -€1,735 | -36.3% |
| Suppliers | 440/4 | €4,783 | €3,049 | -€1,735 | -36.3% |
| Taxes, remuneration and social security | 45 | €35,345 | €29,974 | -€5,371 | -15.2% |
| Taxes | 450/3 | €35,345 | €29,974 | -€5,371 | -15.2% |
| Other amounts payable | 47/48 | €5,177 | €23,914 | +€18,737 | +362% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €301 | €0 | -€301 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,171 | €35,543 | +€5,372 | +17.8% |
| Other operating charges | 640/8 | €570 | €1,622 | +€1,051 | +184% |
| Gross operating margin | 9900 | €152,029 | €131,487 | -€20,542 | -13.5% |
| Operating profit (loss) | 9901 | €120,986 | €94,322 | -€26,664 | -22.0% |
| Financial income | 75/76B | €1 | €17,100 | +€17,099 | +2,478,162% |
| Recurring financial income | 75 | €1 | €17,100 | +€17,099 | +2,478,162% |
| Financial charges | 65/66B | €531 | €10,316 | +€9,785 | +1,842% |
| Recurring financial charges | 65 | €531 | €10,316 | +€9,785 | +1,842% |
| Profit (loss) for the period before taxes | 9903 | €120,455 | €101,106 | -€19,349 | -16.1% |
| Income taxes | 67/77 | €39,885 | €36,756 | -€3,130 | -7.8% |
| Profit (loss) for the period | 9904 | €80,570 | €64,351 | -€16,219 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €80,570 | €64,351 | -€16,219 | -20.1% |
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 25 October 2026 via checked.be.