Orthoprotec: 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.
Orthoprotec
Largest movements
- Cash -€39,238
down €39,238 (-93.0%), from €42,205 to €2,967
mainly Net result for the year (-€96,858) and Investment in fixed assets (net) (-€46,680)
- Receivables within one year -€21,750
no longer reported in 2026 (was €21,750)
- Tangible fixed assets -€15,904
down €15,904 (-3.0%), from €537,198 to €521,294
of which Furniture and vehicles: -€9,250
- Profit (loss) carried forward -€96,858
down €96,858 (-125%), from -€77,424 to -€174,282
- Other debts +€34,012
new in 2026: €34,012
- Trade debts -€7,040
down €7,040 (-87.2%), from €8,073 to €1,033
- Debts after one year -€6,334
down €6,334 (-70.1%), from €9,040 to €2,705
- Gross operating margin -€14,155
down €14,155 (-106%), from -€13,319 to -€27,474
- Depreciation +€3,545
up €3,545 (+6.0%), from €59,039 to €62,584
- Other operating charges +€1,491
up €1,491 (+39.5%), from €3,778 to €5,270
- Financial income -€811
down €811 (-95.0%), from €854 to €42
- Taxes -€333
down €333 (-64.3%), from €517 to €185
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €602,192 | €524,663 | -€77,528 | -12.9% |
| Fixed assets | 21/28 | €537,198 | €521,294 | -€15,904 | -3.0% |
| Tangible fixed assets | 22/27 | €537,198 | €521,294 | -€15,904 | -3.0% |
| Land and buildings | 22 | €525,167 | €518,513 | -€6,654 | -1.3% |
| Furniture and vehicles | 24 | €12,031 | €2,780 | -€9,250 | -76.9% |
| Current assets | 29/58 | €64,994 | €3,370 | -€61,624 | -94.8% |
| Amounts receivable within one year | 40/41 | €21,750 | - | -€21,750 | |
| Other amounts receivable | 41 | €21,750 | - | -€21,750 | |
| Cash at bank and in hand | 54/58 | €42,205 | €2,967 | -€39,238 | -93.0% |
| Deferred charges and accrued income | 490/1 | €1,038 | €402 | -€636 | -61.3% |
| Total equity and liabilities | 10/49 | €602,192 | €524,663 | -€77,528 | -12.9% |
| Equity | 10/15 | €577,259 | €480,401 | -€96,858 | -16.8% |
| Contributions | 10/11 | €489,805 | €489,805 | = | 0.0% |
| Reserves | 13 | €164,878 | €164,878 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,304 | €21,304 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,304 | €21,304 | = | 0.0% |
| Distributable reserves | 133 | €143,573 | €143,573 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,424 | -€174,282 | -€96,858 | -125% |
| Amounts payable | 17/49 | €24,933 | €44,262 | +€19,329 | +77.5% |
| Amounts payable after more than one year | 17 | €9,040 | €2,705 | -€6,334 | -70.1% |
| Financial debts | 170/4 | €9,040 | €2,705 | -€6,334 | -70.1% |
| Amounts payable within one year | 42/48 | €15,893 | €41,557 | +€25,664 | +161% |
| Current portion of amounts payable after more than one year | 42 | €6,116 | €6,334 | +€218 | +3.6% |
| Trade debts | 44 | €8,073 | €1,033 | -€7,040 | -87.2% |
| Suppliers | 440/4 | €8,073 | €1,033 | -€7,040 | -87.2% |
| Taxes, remuneration and social security | 45 | €1,704 | €177 | -€1,527 | -89.6% |
| Taxes | 450/3 | €1,704 | €177 | -€1,527 | -89.6% |
| Other amounts payable | 47/48 | - | €34,012 | +€34,012 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,039 | €62,584 | +€3,545 | +6.0% |
| Other operating charges | 640/8 | €3,778 | €5,270 | +€1,491 | +39.5% |
| Gross operating margin | 9900 | -€13,319 | -€27,474 | -€14,155 | -106% |
| Operating profit (loss) | 9901 | -€76,137 | -€95,328 | -€19,192 | -25.2% |
| Financial income | 75/76B | €854 | €42 | -€811 | -95.0% |
| Recurring financial income | 75 | €854 | €42 | -€811 | -95.0% |
| Financial charges | 65/66B | €1,624 | €1,387 | -€236 | -14.6% |
| Recurring financial charges | 65 | €1,624 | €1,387 | -€236 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€76,907 | -€96,673 | -€19,767 | -25.7% |
| Income taxes | 67/77 | €517 | €185 | -€333 | -64.3% |
| Profit (loss) for the period | 9904 | -€77,424 | -€96,858 | -€19,434 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,424 | -€96,858 | -€19,434 | -25.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.