Orthosie: 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.
Orthosie
Largest movements
- Current investments +€2.0m
up €2.0m (+92.6%), from €2.1m to €4.1m
- Cash +€331,598
up €331,598 (+78.4%), from €423,000 to €754,598
mainly Other debts (+€2.2m) and Depreciation (+€237,915)
- Tangible fixed assets -€237,915
down €237,915 (-4.1%), from €5.8m to €5.6m
of which Land and buildings: -€199,167
- Other debts +€2.2m
up €2.2m (+30.0%), from €7.4m to €9.6m
- Financial income +€77,718
up €77,718 (+101%), from €76,723 to €154,441
- Gross operating margin -€9,183
down €9,183 (-54.4%), from €16,888 to €7,705
- Other operating charges +€1,807
up €1,807 (+29.4%), from €6,156 to €7,963
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 | €8,429,428 | €10,552,278 | +€2.1m | +25.2% |
| Fixed assets | 21/28 | €5,844,405 | €5,606,491 | -€237,915 | -4.1% |
| Tangible fixed assets | 22/27 | €5,844,405 | €5,606,491 | -€237,915 | -4.1% |
| Land and buildings | 22 | €5,478,141 | €5,278,974 | -€199,167 | -3.6% |
| Plant, machinery and equipment | 23 | €351,971 | €318,440 | -€33,531 | -9.5% |
| Furniture and vehicles | 24 | €14,293 | €9,077 | -€5,216 | -36.5% |
| Current assets | 29/58 | €2,585,022 | €4,945,788 | +€2.4m | +91.3% |
| Amounts receivable within one year | 40/41 | €19,881 | €66,213 | +€46,332 | +233% |
| Trade receivables | 40 | €4,299 | €4,299 | = | 0.0% |
| Other amounts receivable | 41 | €15,582 | €61,914 | +€46,332 | +297% |
| Current investments | 50/53 | €2,142,141 | €4,124,976 | +€2.0m | +92.6% |
| Cash at bank and in hand | 54/58 | €423,000 | €754,598 | +€331,598 | +78.4% |
| Total equity and liabilities | 10/49 | €8,429,428 | €10,552,278 | +€2.1m | +25.2% |
| Equity | 10/15 | €1,076,297 | €992,565 | -€83,732 | -7.8% |
| Contributions | 10/11 | €1,441,600 | €1,441,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€365,303 | -€449,035 | -€83,732 | -22.9% |
| Amounts payable | 17/49 | €7,353,131 | €9,559,713 | +€2.2m | +30.0% |
| Amounts payable within one year | 42/48 | €7,353,131 | €9,559,713 | +€2.2m | +30.0% |
| Other amounts payable | 47/48 | €7,353,131 | €9,559,713 | +€2.2m | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,846 | €237,915 | +€68 | 0.0% |
| Other operating charges | 640/8 | €6,156 | €7,963 | +€1,807 | +29.4% |
| Gross operating margin | 9900 | €16,888 | €7,705 | -€9,183 | -54.4% |
| Operating profit (loss) | 9901 | -€227,115 | -€238,173 | -€11,058 | -4.9% |
| Financial income | 75/76B | €76,723 | €154,441 | +€77,718 | +101% |
| Recurring financial income | 75 | €76,723 | €154,441 | +€77,718 | +101% |
| Financial charges | 65/66B | €5 | - | -€5 | |
| Recurring financial charges | 65 | €5 | - | -€5 | |
| Profit (loss) for the period before taxes | 9903 | -€150,397 | -€83,732 | +€66,665 | +44.3% |
| Profit (loss) for the period | 9904 | -€150,397 | -€83,732 | +€66,665 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€150,397 | -€83,732 | +€66,665 | +44.3% |
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 14 October 2026 via checked.be.