ORTHOSIDE: 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.
ORTHOSIDE
Largest movements
- Cash -€32,499
down €32,499 (-20.4%), from €159,484 to €126,985
mainly Contributions, distributions and other (-€203,228) and Trade debts (-€262)
- Receivables within one year -€13,872
no longer reported in 2025 (was €13,872)
- Profit (loss) carried forward -€76,849
down €76,849 (-43.5%), from €176,849 to €100,000
- Other debts +€24,956
up €24,956 (+330%), from €7,561 to €32,517
- Tax, wage and social debts +€4,928
new in 2025: €4,928
- Gross operating margin +€129,111
up €129,111 (+379%), from €34,034 to €163,144
- Taxes +€29,272
up €29,272 (+437%), from €6,700 to €35,971
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 | €189,716 | €142,490 | -€47,226 | -24.9% |
| Fixed assets | 21/28 | €173 | - | -€173 | |
| Tangible fixed assets | 22/27 | €173 | - | -€173 | |
| Furniture and vehicles | 24 | €173 | - | -€173 | |
| Current assets | 29/58 | €189,543 | €142,490 | -€47,052 | -24.8% |
| Amounts receivable within one year | 40/41 | €13,872 | - | -€13,872 | |
| Other amounts receivable | 41 | €13,872 | - | -€13,872 | |
| Cash at bank and in hand | 54/58 | €159,484 | €126,985 | -€32,499 | -20.4% |
| Deferred charges and accrued income | 490/1 | €16,187 | €15,505 | -€681 | -4.2% |
| Total equity and liabilities | 10/49 | €189,716 | €142,490 | -€47,226 | -24.9% |
| Equity | 10/15 | €181,849 | €105,000 | -€76,849 | -42.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,849 | €100,000 | -€76,849 | -43.5% |
| Amounts payable | 17/49 | €7,868 | €37,490 | +€29,623 | +377% |
| Amounts payable within one year | 42/48 | €7,868 | €37,490 | +€29,623 | +377% |
| Trade debts | 44 | €307 | €45 | -€262 | -85.3% |
| Suppliers | 440/4 | €307 | €45 | -€262 | -85.3% |
| Taxes, remuneration and social security | 45 | - | €4,928 | +€4,928 | |
| Taxes | 450/3 | - | €4,928 | +€4,928 | |
| Other amounts payable | 47/48 | €7,561 | €32,517 | +€24,956 | +330% |
| Non-recurring operating income | 76A | €305 | - | -€305 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €350 | €173 | -€176 | -50.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €34,034 | €163,144 | +€129,111 | +379% |
| Operating profit (loss) | 9901 | €33,297 | €162,571 | +€129,274 | +388% |
| Financial charges | 65/66B | €74 | €220 | +€147 | +199% |
| Recurring financial charges | 65 | €74 | €220 | +€147 | +199% |
| Profit (loss) for the period before taxes | 9903 | €33,223 | €162,351 | +€129,128 | +389% |
| Income taxes | 67/77 | €6,700 | €35,971 | +€29,272 | +437% |
| Profit (loss) for the period | 9904 | €26,523 | €126,380 | +€99,856 | +376% |
| Profit (loss) for the period to be appropriated | 9905 | €26,523 | €126,380 | +€99,856 | +376% |
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 13 October 2026 via checked.be.