Orthoservice: 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.
Orthoservice
Largest movements
- Cash -€31,901
down €31,901 (-22.3%), from €143,365 to €111,464
mainly Contributions, distributions and other (-€197,000) and Stocks and contracts (-€5,260)
- Receivables within one year -€16,021
down €16,021 (-59.5%), from €26,919 to €10,898
of which Trade receivables: -€15,614
- Stocks and contracts +€5,260
new in 2025: €5,260
- Tangible fixed assets -€4,093
down €4,093 (-17.9%), from €22,812 to €18,719
of which Furniture and vehicles: -€6,635
- Reserves -€135,519
down €135,519 (-88.1%), from €153,815 to €18,296
of which Distributable reserves: -€135,519
- Other debts +€66,290
up €66,290 (+445%), from €14,892 to €81,182
- Tax, wage and social debts +€12,936
up €12,936 (+866%), from €1,494 to €14,431
- Trade debts +€9,538
up €9,538 (+222%), from €4,294 to €13,832
- Gross operating margin +€26,941
up €26,941 (+39.1%), from €68,871 to €95,812
- Taxes +€6,111
up €6,111 (+41.9%), from €14,593 to €20,704
- Financial charges +€1,337
up €1,337 (+1,019%), from €131 to €1,468
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 | €193,096 | €146,341 | -€46,756 | -24.2% |
| Fixed assets | 21/28 | €22,812 | €18,719 | -€4,093 | -17.9% |
| Tangible fixed assets | 22/27 | €22,812 | €18,719 | -€4,093 | -17.9% |
| Plant, machinery and equipment | 23 | €2,211 | €4,753 | +€2,542 | +115% |
| Furniture and vehicles | 24 | €20,601 | €13,966 | -€6,635 | -32.2% |
| Current assets | 29/58 | €170,285 | €127,622 | -€42,663 | -25.1% |
| Stocks and contracts in progress | 3 | - | €5,260 | +€5,260 | |
| Stocks | 30/36 | - | €5,260 | +€5,260 | |
| Amounts receivable within one year | 40/41 | €26,919 | €10,898 | -€16,021 | -59.5% |
| Trade receivables | 40 | €26,512 | €10,898 | -€15,614 | -58.9% |
| Other amounts receivable | 41 | €407 | €0 | -€407 | -100% |
| Cash at bank and in hand | 54/58 | €143,365 | €111,464 | -€31,901 | -22.3% |
| Total equity and liabilities | 10/49 | €193,096 | €146,341 | -€46,756 | -24.2% |
| Equity | 10/15 | €172,415 | €36,896 | -€135,519 | -78.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,815 | €18,296 | -€135,519 | -88.1% |
| Tax-exempt reserves | 132 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €149,315 | €13,796 | -€135,519 | -90.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,681 | €109,445 | +€88,764 | +429% |
| Amounts payable within one year | 42/48 | €20,681 | €109,445 | +€88,764 | +429% |
| Trade debts | 44 | €4,294 | €13,832 | +€9,538 | +222% |
| Suppliers | 440/4 | €4,294 | €13,832 | +€9,538 | +222% |
| Taxes, remuneration and social security | 45 | €1,494 | €14,431 | +€12,936 | +866% |
| Taxes | 450/3 | €1,494 | €14,431 | +€12,936 | +866% |
| Other amounts payable | 47/48 | €14,892 | €81,182 | +€66,290 | +445% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,462 | €8,769 | +€306 | +3.6% |
| Other operating charges | 640/8 | €2,758 | €3,468 | +€710 | +25.7% |
| Gross operating margin | 9900 | €68,871 | €95,812 | +€26,941 | +39.1% |
| Operating profit (loss) | 9901 | €57,651 | €83,575 | +€25,925 | +45.0% |
| Financial income | 75/76B | €15 | €78 | +€63 | +421% |
| Recurring financial income | 75 | €15 | €78 | +€63 | +421% |
| Financial charges | 65/66B | €131 | €1,468 | +€1,337 | +1,019% |
| Recurring financial charges | 65 | €131 | €1,468 | +€1,337 | +1,019% |
| Profit (loss) for the period before taxes | 9903 | €57,534 | €82,185 | +€24,651 | +42.8% |
| Income taxes | 67/77 | €14,593 | €20,704 | +€6,111 | +41.9% |
| Profit (loss) for the period | 9904 | €42,942 | €61,481 | +€18,539 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,942 | €61,481 | +€18,539 | +43.2% |
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 21 October 2026 via checked.be.