ORTIZ: what changed
Two fiscal 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.
ORTIZ
Largest movements
- Receivables within one year +€15,666
up €15,666 (+383.3%), from €4,087 to €19,753
of which Trade receivables: +€12,635
- Stocks and contracts +€2,000
up €2,000 (+20.0%), from €10,000 to €12,000
- Cash -€1,903
down €1,903 (-12.2%), from €15,629 to €13,727
mainly Receivables within one year (-€15,666) and Stocks and contracts (-€2,000)
- Trade debts +€10,024
up €10,024 (+101.3%), from €9,894 to €19,918
of which Bills of exchange payable: +€7,072
- Profit (loss) carried forward +€6,683
up €6,683 (+71.3%), from €9,379 to €16,062
- Other debts -€1,000
no longer reported in 2025 (was €1,000)
- Purchases and services -€358,897
down €358,897 (-18.0%), from €2.0m to €1.6m
- Turnover -€342,123
down €342,123 (-16.5%), from €2.1m to €1.7m
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.
Cash bridge derived
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 | €29,716 | €45,479 | +€15,763 | +53.0% |
| Current assets | 29/58 | €29,716 | €45,479 | +€15,763 | +53.0% |
| Stocks and contracts in progress | 3 | €10,000 | €12,000 | +€2,000 | +20.0% |
| Stocks | 30/36 | €10,000 | €12,000 | +€2,000 | +20.0% |
| Amounts receivable within one year | 40/41 | €4,087 | €19,753 | +€15,666 | +383.3% |
| Trade receivables | 40 | €1,273 | €13,907 | +€12,635 | +992.9% |
| Other amounts receivable | 41 | €2,814 | €5,845 | +€3,031 | +107.7% |
| Cash at bank and in hand | 54/58 | €15,629 | €13,727 | -€1,903 | -12.2% |
| Total equity and liabilities | 10/49 | €29,716 | €45,479 | +€15,763 | +53.0% |
| Equity | 10/15 | €11,379 | €18,062 | +€6,683 | +58.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,379 | €16,062 | +€6,683 | +71.3% |
| Amounts payable | 17/49 | €18,337 | €27,417 | +€9,080 | +49.5% |
| Amounts payable within one year | 42/48 | €18,337 | €27,417 | +€9,080 | +49.5% |
| Current portion of amounts payable after more than one year | 42 | €1,697 | €1,692 | -€5 | -0.3% |
| Trade debts | 44 | €9,894 | €19,918 | +€10,024 | +101.3% |
| Suppliers | 440/4 | €9,181 | €12,133 | +€2,952 | +32.2% |
| Bills of exchange payable | 441 | €713 | €7,784 | +€7,072 | +992.0% |
| Taxes, remuneration and social security | 45 | €5,746 | €5,807 | +€61 | +1.1% |
| Taxes | 450/3 | €695 | €513 | -€182 | -26.2% |
| Remuneration and social security | 454/9 | €5,051 | €5,294 | +€243 | +4.8% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Turnover | 70 | €2,071,575 | €1,729,452 | -€342,123 | -16.5% |
| Non-recurring operating income | 76A | - | €265 | +€265 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,993,065 | €1,634,168 | -€358,897 | -18.0% |
| Remuneration, social security and pensions | 62 | €45,271 | €58,447 | +€13,176 | +29.1% |
| Other operating charges | 640/8 | €794 | €1,451 | +€657 | +82.7% |
| Gross operating margin | 9900 | €78,510 | €95,549 | +€17,039 | +21.7% |
| Operating profit (loss) | 9901 | €32,445 | €35,651 | +€3,206 | +9.9% |
| Financial charges | 65/66B | €20,172 | €26,104 | +€5,932 | +29.4% |
| Recurring financial charges | 65 | €20,172 | €25,839 | +€5,667 | +28.1% |
| Non-recurring financial charges | 66B | - | €265 | +€265 | |
| Profit (loss) for the period before taxes | 9903 | €12,273 | €9,547 | -€2,726 | -22.2% |
| Income taxes | 67/77 | €2,894 | €2,864 | -€30 | -1.0% |
| Profit (loss) for the period | 9904 | €9,379 | €6,683 | -€2,696 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,379 | €6,683 | -€2,696 | -28.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.