ORTHOREN: 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.
ORTHOREN
Largest movements
- Cash +€28,503
up €28,503 (+866.4%), from €3,290 to €31,793
mainly Net result for the year (+€23,596) and Other debts (+€12,756)
- Tangible fixed assets +€4,491
up €4,491 (+80.7%), from €5,567 to €10,058
of which Furniture and vehicles: +€6,469
- Profit (loss) carried forward +€23,596
up €23,596 (+58.3%), from -€40,485 to -€16,889
- Other debts +€12,756
up €12,756 (+379.2%), from €3,364 to €16,120
- Trade debts -€3,511
down €3,511 (-98.9%), from €3,550 to €38
- Gross operating margin +€38,640
up €38,640, from -€12,166 to €26,474
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.
Cash bridge derived
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 | €43,856 | €76,851 | +€32,994 | +75.2% |
| Fixed assets | 21/28 | €5,567 | €10,058 | +€4,491 | +80.7% |
| Tangible fixed assets | 22/27 | €5,567 | €10,058 | +€4,491 | +80.7% |
| Furniture and vehicles | 24 | - | €6,469 | +€6,469 | |
| Other tangible fixed assets | 26 | €5,567 | €3,589 | -€1,978 | -35.5% |
| Current assets | 29/58 | €38,290 | €66,793 | +€28,503 | +74.4% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,290 | €31,793 | +€28,503 | +866.4% |
| Total equity and liabilities | 10/49 | €43,856 | €76,851 | +€32,994 | +75.2% |
| Equity | 10/15 | €36,603 | €60,199 | +€23,596 | +64.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €64,688 | €64,688 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €62,828 | €62,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,485 | -€16,889 | +€23,596 | +58.3% |
| Amounts payable | 17/49 | €7,253 | €16,652 | +€9,399 | +129.6% |
| Amounts payable within one year | 42/48 | €7,253 | €16,652 | +€9,399 | +129.6% |
| Trade debts | 44 | €3,550 | €38 | -€3,511 | -98.9% |
| Suppliers | 440/4 | €3,550 | €38 | -€3,511 | -98.9% |
| Taxes, remuneration and social security | 45 | €339 | €493 | +€154 | +45.4% |
| Taxes | 450/3 | €339 | €493 | +€154 | +45.4% |
| Other amounts payable | 47/48 | €3,364 | €16,120 | +€12,756 | +379.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,978 | €2,077 | +€99 | +5.0% |
| Other operating charges | 640/8 | €770 | €984 | +€214 | +27.8% |
| Gross operating margin | 9900 | -€12,166 | €26,474 | +€38,640 | |
| Operating profit (loss) | 9901 | -€14,914 | €23,413 | +€38,327 | |
| Financial income | 75/76B | €875 | €875 | = | 0.0% |
| Recurring financial income | 75 | €875 | €875 | = | 0.0% |
| Financial charges | 65/66B | €153 | €199 | +€46 | +29.9% |
| Recurring financial charges | 65 | €153 | €199 | +€46 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,192 | €24,089 | +€38,281 | |
| Income taxes | 67/77 | €339 | €493 | +€154 | +45.4% |
| Profit (loss) for the period | 9904 | -€14,532 | €23,596 | +€38,127 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,532 | €23,596 | +€38,127 |
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 10 October 2026 via checked.be.