Orthophase: 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.
Orthophase
Largest movements
- Cash -€6,901
down €6,901 (-13.4%), from €51,628 to €44,727
mainly Net result for the year (-€4,500) and Receivables within one year (-€3,140)
- Tangible fixed assets -€3,537
down €3,537 (-42.4%), from €8,350 to €4,813
- Receivables within one year +€3,140
up €3,140 (+120%), from €2,607 to €5,747
- Profit (loss) carried forward -€4,500
down €4,500 (-15.0%), from €30,068 to €25,568
- Current portion of long-term debt -€2,060
no longer reported in 2025 (was €2,060)
- Gross operating margin -€10,241
down €10,241 (-37.0%), from €27,673 to €17,432
- Financial income -€6,690
down €6,690 (-98.3%), from €6,805 to €115
- Taxes -€4,081
down €4,081 (-96.2%), from €4,242 to €161
- Staff costs -€775
down €775 (-4.2%), from €18,472 to €17,697
- Other operating charges -€329
down €329 (-44.2%), from €744 to €415
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 | €64,795 | €57,752 | -€7,043 | -10.9% |
| Fixed assets | 21/28 | €10,549 | €7,012 | -€3,537 | -33.5% |
| Tangible fixed assets | 22/27 | €8,350 | €4,813 | -€3,537 | -42.4% |
| Furniture and vehicles | 24 | €8,350 | €4,813 | -€3,537 | -42.4% |
| Financial fixed assets | 28 | €2,199 | €2,199 | = | 0.0% |
| Current assets | 29/58 | €54,246 | €50,740 | -€3,506 | -6.5% |
| Amounts receivable within one year | 40/41 | €2,607 | €5,747 | +€3,140 | +120% |
| Other amounts receivable | 41 | €2,607 | €5,747 | +€3,140 | +120% |
| Cash at bank and in hand | 54/58 | €51,628 | €44,727 | -€6,901 | -13.4% |
| Deferred charges and accrued income | 490/1 | €11 | €266 | +€255 | +2,318% |
| Total equity and liabilities | 10/49 | €64,795 | €57,752 | -€7,043 | -10.9% |
| Equity | 10/15 | €57,314 | €52,814 | -€4,500 | -7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,646 | €8,646 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €6,786 | €8,646 | +€1,860 | +27.4% |
| Profit (loss) carried forward | 14 | €30,068 | €25,568 | -€4,500 | -15.0% |
| Amounts payable | 17/49 | €7,481 | €4,938 | -€2,543 | -34.0% |
| Amounts payable within one year | 42/48 | €6,176 | €3,511 | -€2,665 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €2,060 | - | -€2,060 | |
| Trade debts | 44 | €1,696 | €1,487 | -€209 | -12.3% |
| Suppliers | 440/4 | €1,696 | €1,487 | -€209 | -12.3% |
| Taxes, remuneration and social security | 45 | €2,420 | €2,024 | -€396 | -16.4% |
| Remuneration and social security | 454/9 | €2,420 | €2,024 | -€396 | -16.4% |
| Accrued charges and deferred income | 492/3 | €1,305 | €1,427 | +€122 | +9.3% |
| Remuneration, social security and pensions | 62 | €18,472 | €17,697 | -€775 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,828 | €3,537 | -€291 | -7.6% |
| Other operating charges | 640/8 | €744 | €415 | -€329 | -44.2% |
| Gross operating margin | 9900 | €27,673 | €17,432 | -€10,241 | -37.0% |
| Operating profit (loss) | 9901 | €4,629 | -€4,217 | -€8,846 | |
| Financial income | 75/76B | €6,805 | €115 | -€6,690 | -98.3% |
| Recurring financial income | 75 | €6,805 | €115 | -€6,690 | -98.3% |
| Financial charges | 65/66B | €406 | €237 | -€169 | -41.6% |
| Recurring financial charges | 65 | €406 | €237 | -€169 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €11,028 | -€4,339 | -€15,367 | |
| Income taxes | 67/77 | €4,242 | €161 | -€4,081 | -96.2% |
| Profit (loss) for the period | 9904 | €6,786 | -€4,500 | -€11,286 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,786 | -€4,500 | -€11,286 |
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 28 October 2026 via checked.be.