ORTHOPRO: 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.
ORTHOPRO
Largest movements
- Tangible fixed assets -€39,029
down €39,029 (-4.8%), from €809,192 to €770,163
of which Land and buildings: -€41,010
- Receivables within one year +€30,991
up €30,991 (+41.6%), from €74,550 to €105,541
of which Trade receivables: +€26,489
- Cash -€16,678
down €16,678 (-31.3%), from €53,333 to €36,655
mainly Debts after one year (-€44,121) and Receivables within one year (-€30,991)
- Debts after one year -€44,121
down €44,121 (-6.1%), from €728,649 to €684,529
- Trade debts +€24,923
up €24,923 (+226%), from €11,047 to €35,970
- Reserves -€13,158
down €13,158 (-7.3%), from €181,464 to €168,306
of which Distributable reserves: -€13,158
- Other debts +€12,500
new in 2025: €12,500
- Gross operating margin -€9,016
down €9,016 (-8.0%), from €112,841 to €103,825
- Depreciation +€5,279
up €5,279 (+10.4%), from €50,611 to €55,890
- Financial income -€2,031
down €2,031 (-23.6%), from €8,604 to €6,572
of which Non-recurring financial income: -€2,525
- Taxes -€1,926
down €1,926, from €1,836 to -€90
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 | €1,085,319 | €1,060,275 | -€25,044 | -2.3% |
| Fixed assets | 21/28 | €814,011 | €776,777 | -€37,234 | -4.6% |
| Intangible fixed assets | 21 | €4,104 | €5,899 | +€1,795 | +43.7% |
| Tangible fixed assets | 22/27 | €809,192 | €770,163 | -€39,029 | -4.8% |
| Land and buildings | 22 | €807,766 | €766,756 | -€41,010 | -5.1% |
| Plant, machinery and equipment | 23 | €33 | €0 | -€33 | -100% |
| Furniture and vehicles | 24 | €1,393 | €3,408 | +€2,015 | +145% |
| Financial fixed assets | 28 | €715 | €715 | = | 0.0% |
| Current assets | 29/58 | €271,308 | €283,498 | +€12,190 | +4.5% |
| Stocks and contracts in progress | 3 | €126,846 | €126,292 | -€554 | -0.4% |
| Stocks | 30/36 | €126,846 | €126,292 | -€554 | -0.4% |
| Amounts receivable within one year | 40/41 | €74,550 | €105,541 | +€30,991 | +41.6% |
| Trade receivables | 40 | €57,349 | €83,838 | +€26,489 | +46.2% |
| Other amounts receivable | 41 | €17,201 | €21,703 | +€4,502 | +26.2% |
| Cash at bank and in hand | 54/58 | €53,333 | €36,655 | -€16,678 | -31.3% |
| Deferred charges and accrued income | 490/1 | €16,580 | €15,011 | -€1,569 | -9.5% |
| Total equity and liabilities | 10/49 | €1,085,319 | €1,060,275 | -€25,044 | -2.3% |
| Equity | 10/15 | €293,743 | €269,663 | -€24,080 | -8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,464 | €168,306 | -€13,158 | -7.3% |
| Tax-exempt reserves | 132 | €46,929 | €46,929 | = | 0.0% |
| Distributable reserves | 133 | €134,535 | €121,377 | -€13,158 | -9.8% |
| Profit (loss) carried forward | 14 | €63,707 | €57,066 | -€6,640 | -10.4% |
| Investment grants | 15 | €29,972 | €25,691 | -€4,282 | -14.3% |
| Amounts payable | 17/49 | €791,576 | €790,612 | -€964 | -0.1% |
| Amounts payable after more than one year | 17 | €728,649 | €684,529 | -€44,121 | -6.1% |
| Financial debts | 170/4 | €728,649 | €684,529 | -€44,121 | -6.1% |
| Amounts payable within one year | 42/48 | €62,926 | €106,083 | +€43,157 | +68.6% |
| Current portion of amounts payable after more than one year | 42 | €48,054 | €48,271 | +€217 | +0.5% |
| Trade debts | 44 | €11,047 | €35,970 | +€24,923 | +226% |
| Suppliers | 440/4 | €11,047 | €35,970 | +€24,923 | +226% |
| Taxes, remuneration and social security | 45 | €3,825 | €9,341 | +€5,516 | +144% |
| Taxes | 450/3 | €66 | €4,018 | +€3,951 | +5,956% |
| Remuneration and social security | 454/9 | €3,759 | €5,324 | +€1,565 | +41.6% |
| Other amounts payable | 47/48 | - | €12,500 | +€12,500 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €33,024 | €33,462 | +€438 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,611 | €55,890 | +€5,279 | +10.4% |
| Other operating charges | 640/8 | €6,724 | €6,951 | +€227 | +3.4% |
| Non-recurring operating charges | 66A | €3,452 | €0 | -€3,452 | -100% |
| Gross operating margin | 9900 | €112,841 | €103,825 | -€9,016 | -8.0% |
| Operating profit (loss) | 9901 | €19,030 | €7,521 | -€11,509 | -60.5% |
| Financial income | 75/76B | €8,604 | €6,572 | -€2,031 | -23.6% |
| Recurring financial income | 75 | €6,078 | €6,572 | +€494 | +8.1% |
| Non-recurring financial income | 76B | €2,525 | €0 | -€2,525 | -100% |
| Financial charges | 65/66B | €20,808 | €20,824 | +€16 | +0.1% |
| Recurring financial charges | 65 | €20,808 | €20,824 | +€16 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €6,826 | -€6,730 | -€13,556 | |
| Income taxes | 67/77 | €1,836 | -€90 | -€1,926 | |
| Profit (loss) for the period | 9904 | €4,990 | -€6,640 | -€11,630 | |
| Transfer from tax-exempt reserves | 789 | €2,235 | €0 | -€2,235 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €7,225 | -€6,640 | -€13,865 |
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 16 October 2026 via checked.be.