ORTHOVIR: 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.
ORTHOVIR
Largest movements
- Cash +€54,779
up €54,779 (+38.4%), from €142,524 to €197,304
mainly Net result for the year (+€177,317) and Depreciation (+€24,900)
- Tangible fixed assets -€20,054
down €20,054 (-7.1%), from €283,226 to €263,172
of which Land and buildings: -€15,587
- Reserves +€84,200
up €84,200 (+78.6%), from €107,110 to €191,310
of which Tax-exempt reserves: +€84,200
- Tax, wage and social debts -€19,595
down €19,595 (-100%), from €19,595 to €0
- Debts after one year -€19,078
down €19,078 (-10.9%), from €174,654 to €155,576
- Other debts -€8,780
down €8,780 (-8.6%), from €101,897 to €93,117
- Gross operating margin +€14,100
up €14,100 (+5.7%), from €248,603 to €262,703
- Taxes +€3,817
up €3,817 (+7.0%), from €54,192 to €58,009
- Financial income +€3,001
up €3,001 (+2,002%), from €150 to €3,151
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 | €437,539 | €474,381 | +€36,842 | +8.4% |
| Fixed assets | 21/28 | €283,226 | €263,172 | -€20,054 | -7.1% |
| Tangible fixed assets | 22/27 | €283,226 | €263,172 | -€20,054 | -7.1% |
| Land and buildings | 22 | €230,282 | €214,695 | -€15,587 | -6.8% |
| Plant, machinery and equipment | 23 | €52,944 | €48,477 | -€4,467 | -8.4% |
| Current assets | 29/58 | €154,313 | €211,209 | +€56,896 | +36.9% |
| Stocks and contracts in progress | 3 | €980 | €930 | -€50 | -5.1% |
| Stocks | 30/36 | €980 | €930 | -€50 | -5.1% |
| Amounts receivable within one year | 40/41 | €10,809 | €12,976 | +€2,167 | +20.0% |
| Other amounts receivable | 41 | €10,809 | €12,976 | +€2,167 | +20.0% |
| Cash at bank and in hand | 54/58 | €142,524 | €197,304 | +€54,779 | +38.4% |
| Total equity and liabilities | 10/49 | €437,539 | €474,381 | +€36,842 | +8.4% |
| Equity | 10/15 | €113,796 | €197,996 | +€84,200 | +74.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €107,110 | €191,310 | +€84,200 | +78.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,250 | €189,450 | +€84,200 | +80.0% |
| Profit (loss) carried forward | 14 | €486 | €486 | = | 0.0% |
| Amounts payable | 17/49 | €323,743 | €276,385 | -€47,358 | -14.6% |
| Amounts payable after more than one year | 17 | €174,654 | €155,576 | -€19,078 | -10.9% |
| Financial debts | 170/4 | €174,654 | €155,576 | -€19,078 | -10.9% |
| Amounts payable within one year | 42/48 | €147,229 | €118,950 | -€28,280 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €18,710 | €19,078 | +€368 | +2.0% |
| Trade debts | 44 | €7,027 | €6,754 | -€272 | -3.9% |
| Suppliers | 440/4 | €7,027 | €6,754 | -€272 | -3.9% |
| Taxes, remuneration and social security | 45 | €19,595 | €0 | -€19,595 | -100% |
| Taxes | 450/3 | €19,595 | €0 | -€19,595 | -100% |
| Other amounts payable | 47/48 | €101,897 | €93,117 | -€8,780 | -8.6% |
| Accrued charges and deferred income | 492/3 | €1,860 | €1,860 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,107 | €24,900 | +€793 | +3.3% |
| Other operating charges | 640/8 | €1,004 | €1,577 | +€573 | +57.1% |
| Gross operating margin | 9900 | €248,603 | €262,703 | +€14,100 | +5.7% |
| Operating profit (loss) | 9901 | €223,492 | €236,226 | +€12,734 | +5.7% |
| Financial income | 75/76B | €150 | €3,151 | +€3,001 | +2,002% |
| Recurring financial income | 75 | €150 | €3,151 | +€3,001 | +2,002% |
| Financial charges | 65/66B | €4,403 | €4,051 | -€351 | -8.0% |
| Recurring financial charges | 65 | €4,403 | €4,051 | -€351 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €219,239 | €235,326 | +€16,087 | +7.3% |
| Income taxes | 67/77 | €54,192 | €58,009 | +€3,817 | +7.0% |
| Profit (loss) for the period | 9904 | €165,047 | €177,317 | +€12,270 | +7.4% |
| Transfer to tax-exempt reserves | 689 | €63,150 | €84,200 | +€21,050 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €101,897 | €93,117 | -€8,780 | -8.6% |
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 28 October 2026 via checked.be.