Orthophine: 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.
Orthophine
Largest movements
- Tangible fixed assets -€39,415
down €39,415 (-13.8%), from €285,610 to €246,195
of which Plant, machinery and equipment: -€21,206
- Cash +€36,099
up €36,099 (+71.1%), from €50,797 to €86,896
mainly Net result for the year (+€143,404) and Depreciation (+€39,415)
- Deferred charges and accrued income -€13,187
down €13,187 (-6.8%), from €193,515 to €180,328
- Profit (loss) carried forward +€93,404
up €93,404 (+133%), from €70,474 to €163,878
- Other debts -€77,361
down €77,361 (-53.7%), from €144,076 to €66,715
- Debts after one year -€40,489
down €40,489 (-16.3%), from €248,129 to €207,639
- Other operating charges +€3,126
up €3,126 (+309%), from €1,011 to €4,137
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 | €537,436 | €516,189 | -€21,248 | -4.0% |
| Fixed assets | 21/28 | €285,610 | €246,195 | -€39,415 | -13.8% |
| Tangible fixed assets | 22/27 | €285,610 | €246,195 | -€39,415 | -13.8% |
| Plant, machinery and equipment | 23 | €66,381 | €45,175 | -€21,206 | -31.9% |
| Furniture and vehicles | 24 | €1,407 | €462 | -€944 | -67.1% |
| Other tangible fixed assets | 26 | €217,822 | €200,558 | -€17,264 | -7.9% |
| Current assets | 29/58 | €251,826 | €269,994 | +€18,167 | +7.2% |
| Amounts receivable within one year | 40/41 | €7,515 | €2,770 | -€4,745 | -63.1% |
| Trade receivables | 40 | €590 | €2,770 | +€2,180 | +369% |
| Other amounts receivable | 41 | €6,925 | - | -€6,925 | |
| Cash at bank and in hand | 54/58 | €50,797 | €86,896 | +€36,099 | +71.1% |
| Deferred charges and accrued income | 490/1 | €193,515 | €180,328 | -€13,187 | -6.8% |
| Total equity and liabilities | 10/49 | €537,436 | €516,189 | -€21,248 | -4.0% |
| Equity | 10/15 | €90,934 | €184,338 | +€93,404 | +103% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,474 | €163,878 | +€93,404 | +133% |
| Amounts payable | 17/49 | €446,503 | €331,851 | -€114,652 | -25.7% |
| Amounts payable after more than one year | 17 | €248,129 | €207,639 | -€40,489 | -16.3% |
| Financial debts | 170/4 | €248,129 | €207,639 | -€40,489 | -16.3% |
| Amounts payable within one year | 42/48 | €197,275 | €123,121 | -€74,154 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €39,924 | €40,489 | +€565 | +1.4% |
| Trade debts | 44 | €2,590 | €2,699 | +€109 | +4.2% |
| Suppliers | 440/4 | €2,590 | €2,699 | +€109 | +4.2% |
| Taxes, remuneration and social security | 45 | €10,684 | €13,217 | +€2,533 | +23.7% |
| Taxes | 450/3 | €4,312 | €6,609 | +€2,297 | +53.3% |
| Remuneration and social security | 454/9 | €6,372 | €6,608 | +€236 | +3.7% |
| Other amounts payable | 47/48 | €144,076 | €66,715 | -€77,361 | -53.7% |
| Accrued charges and deferred income | 492/3 | €1,100 | €1,091 | -€9 | -0.8% |
| Remuneration, social security and pensions | 62 | €28,646 | €29,604 | +€958 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,833 | €39,415 | -€418 | -1.0% |
| Other operating charges | 640/8 | €1,011 | €4,137 | +€3,126 | +309% |
| Gross operating margin | 9900 | €268,602 | €266,051 | -€2,551 | -0.9% |
| Operating profit (loss) | 9901 | €199,112 | €192,894 | -€6,218 | -3.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,553 | €5,951 | -€602 | -9.2% |
| Recurring financial charges | 65 | €6,553 | €5,951 | -€602 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €192,559 | €186,944 | -€5,615 | -2.9% |
| Income taxes | 67/77 | €44,249 | €43,540 | -€710 | -1.6% |
| Profit (loss) for the period | 9904 | €148,310 | €143,404 | -€4,906 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €148,310 | €143,404 | -€4,906 | -3.3% |
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 29 October 2026 via checked.be.