OrthoPunt: 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.
OrthoPunt
Largest movements
- Current investments +€182,506
up €182,506 (+36.9%), from €494,034 to €676,540
- Cash -€91,123
down €91,123 (-75.9%), from €120,122 to €28,999
mainly Current investments (-€182,506) and Investment in fixed assets (net) (-€105,337)
- Tangible fixed assets +€47,769
up €47,769 (+24.7%), from €193,393 to €241,163
of which Leasing and similar rights: +€53,220
- Reserves +€112,934
up €112,934 (+20.0%), from €564,280 to €677,214
- Debts after one year +€19,601
up €19,601 (+9.5%), from €206,623 to €226,225
- Tax, wage and social debts -€15,660
down €15,660 (-57.7%), from €27,129 to €11,469
of which Taxes: -€15,493
- Short-term financial debts +€13,486
new in 2025: €13,486
- Gross operating margin -€50,007
down €50,007 (-12.5%), from €400,026 to €350,019
- Staff costs -€13,017
down €13,017 (-13.2%), from €98,640 to €85,623
- Taxes -€12,320
down €12,320 (-15.6%), from €79,219 to €66,899
- Financial income +€7,633
up €7,633 (+86.8%), from €8,792 to €16,424
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 | €887,214 | €1,021,511 | +€134,297 | +15.1% |
| Fixed assets | 21/28 | €193,553 | €241,323 | +€47,769 | +24.7% |
| Tangible fixed assets | 22/27 | €193,393 | €241,163 | +€47,769 | +24.7% |
| Land and buildings | 22 | €94,955 | €100,386 | +€5,430 | +5.7% |
| Plant, machinery and equipment | 23 | €63,514 | €55,278 | -€8,236 | -13.0% |
| Furniture and vehicles | 24 | €19,584 | €16,938 | -€2,646 | -13.5% |
| Leasing and similar rights | 25 | €15,340 | €68,560 | +€53,220 | +347% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €693,660 | €780,189 | +€86,528 | +12.5% |
| Stocks and contracts in progress | 3 | €7,848 | €7,711 | -€137 | -1.8% |
| Stocks | 30/36 | €7,848 | €7,711 | -€137 | -1.8% |
| Amounts receivable within one year | 40/41 | €71,656 | €64,735 | -€6,921 | -9.7% |
| Trade receivables | 40 | - | €290 | +€290 | |
| Other amounts receivable | 41 | €71,656 | €64,445 | -€7,212 | -10.1% |
| Current investments | 50/53 | €494,034 | €676,540 | +€182,506 | +36.9% |
| Cash at bank and in hand | 54/58 | €120,122 | €28,999 | -€91,123 | -75.9% |
| Deferred charges and accrued income | 490/1 | - | €2,203 | +€2,203 | |
| Total equity and liabilities | 10/49 | €887,214 | €1,021,511 | +€134,297 | +15.1% |
| Equity | 10/15 | €582,880 | €695,814 | +€112,934 | +19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €564,280 | €677,214 | +€112,934 | +20.0% |
| Distributable reserves | 133 | €564,280 | €677,214 | +€112,934 | +20.0% |
| Amounts payable | 17/49 | €304,334 | €325,697 | +€21,363 | +7.0% |
| Amounts payable after more than one year | 17 | €206,623 | €226,225 | +€19,601 | +9.5% |
| Financial debts | 170/4 | €206,623 | €226,225 | +€19,601 | +9.5% |
| Amounts payable within one year | 42/48 | €97,710 | €99,472 | +€1,762 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €37,159 | €42,745 | +€5,586 | +15.0% |
| Financial debts | 43 | - | €13,486 | +€13,486 | |
| Credit institutions | 430/8 | - | €13,486 | +€13,486 | |
| Trade debts | 44 | €12,439 | €8,776 | -€3,662 | -29.4% |
| Suppliers | 440/4 | €12,439 | €8,776 | -€3,662 | -29.4% |
| Taxes, remuneration and social security | 45 | €27,129 | €11,469 | -€15,660 | -57.7% |
| Taxes | 450/3 | €18,356 | €2,863 | -€15,493 | -84.4% |
| Remuneration and social security | 454/9 | €8,773 | €8,606 | -€167 | -1.9% |
| Other amounts payable | 47/48 | €20,984 | €22,996 | +€2,012 | +9.6% |
| Remuneration, social security and pensions | 62 | €98,640 | €85,623 | -€13,017 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,545 | €57,568 | +€3,023 | +5.5% |
| Other operating charges | 640/8 | €5,714 | €4,555 | -€1,158 | -20.3% |
| Gross operating margin | 9900 | €400,026 | €350,019 | -€50,007 | -12.5% |
| Operating profit (loss) | 9901 | €241,128 | €202,273 | -€38,855 | -16.1% |
| Financial income | 75/76B | €8,792 | €16,424 | +€7,633 | +86.8% |
| Recurring financial income | 75 | €8,792 | €16,424 | +€7,633 | +86.8% |
| Financial charges | 65/66B | €9,679 | €8,349 | -€1,330 | -13.7% |
| Recurring financial charges | 65 | €9,679 | €8,349 | -€1,330 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €240,240 | €210,348 | -€29,893 | -12.4% |
| Income taxes | 67/77 | €79,219 | €66,899 | -€12,320 | -15.6% |
| Profit (loss) for the period | 9904 | €161,022 | €143,449 | -€17,573 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €161,022 | €143,449 | -€17,573 | -10.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.