ORTIKA: 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.
ORTIKA
Largest movements
- Receivables within one year +€43,918
up €43,918 (+72.5%), from €60,614 to €104,532
of which Other amounts receivable: +€50,164
- Cash +€1,679
new in 2025: €1,679
mainly Net result for the year (+€43,370) and Tax, wage and social debts (+€11,226)
- Profit (loss) carried forward +€43,370
up €43,370 (+137%), from €31,686 to €75,056
- Tax, wage and social debts +€11,226
up €11,226 (+73.2%), from €15,337 to €26,563
- Trade debts -€4,921
down €4,921 (-48.8%), from €10,085 to €5,164
- Short-term financial debts -€3,717
no longer reported in 2025 (was €3,717)
- Gross operating margin +€14,642
up €14,642 (+34.6%), from €42,281 to €56,923
- Taxes +€2,482
up €2,482 (+28.7%), from €8,642 to €11,124
- Financial charges +€1,416
up €1,416 (+327%), from €433 to €1,849
- Other operating charges -€1,029
down €1,029 (-87.1%), from €1,182 to €153
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 | €63,225 | €109,183 | +€45,958 | +72.7% |
| Fixed assets | 21/28 | €1,913 | €1,486 | -€427 | -22.3% |
| Tangible fixed assets | 22/27 | €1,798 | €1,371 | -€427 | -23.8% |
| Furniture and vehicles | 24 | €1,798 | €1,371 | -€427 | -23.8% |
| Financial fixed assets | 28 | €115 | €116 | +€1 | +0.5% |
| Current assets | 29/58 | €61,312 | €107,697 | +€46,385 | +75.7% |
| Amounts receivable within one year | 40/41 | €60,614 | €104,532 | +€43,918 | +72.5% |
| Trade receivables | 40 | €6,850 | €605 | -€6,245 | -91.2% |
| Other amounts receivable | 41 | €53,764 | €103,928 | +€50,164 | +93.3% |
| Cash at bank and in hand | 54/58 | - | €1,679 | +€1,679 | |
| Deferred charges and accrued income | 490/1 | €698 | €1,486 | +€788 | +113% |
| Total equity and liabilities | 10/49 | €63,225 | €109,183 | +€45,958 | +72.7% |
| Equity | 10/15 | €34,086 | €77,456 | +€43,370 | +127% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,686 | €75,056 | +€43,370 | +137% |
| Amounts payable | 17/49 | €29,139 | €31,727 | +€2,588 | +8.9% |
| Amounts payable within one year | 42/48 | €29,139 | €31,727 | +€2,588 | +8.9% |
| Financial debts | 43 | €3,717 | - | -€3,717 | |
| Credit institutions | 430/8 | €3,717 | - | -€3,717 | |
| Trade debts | 44 | €10,085 | €5,164 | -€4,921 | -48.8% |
| Suppliers | 440/4 | €10,085 | €5,164 | -€4,921 | -48.8% |
| Taxes, remuneration and social security | 45 | €15,337 | €26,563 | +€11,226 | +73.2% |
| Taxes | 450/3 | €15,337 | €26,563 | +€11,226 | +73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €338 | €427 | +€89 | +26.4% |
| Other operating charges | 640/8 | €1,182 | €153 | -€1,029 | -87.1% |
| Gross operating margin | 9900 | €42,281 | €56,923 | +€14,642 | +34.6% |
| Operating profit (loss) | 9901 | €40,761 | €56,343 | +€15,582 | +38.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €433 | €1,849 | +€1,416 | +327% |
| Recurring financial charges | 65 | €433 | €1,849 | +€1,416 | +327% |
| Profit (loss) for the period before taxes | 9903 | €40,328 | €54,494 | +€14,166 | +35.1% |
| Income taxes | 67/77 | €8,642 | €11,124 | +€2,482 | +28.7% |
| Profit (loss) for the period | 9904 | €31,686 | €43,370 | +€11,684 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,686 | €43,370 | +€11,684 | +36.9% |
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.