Ortmann, Ortmann & Ortmann: 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.
Ortmann, Ortmann & Ortmann
Largest movements
- Current investments +€144,638
up €144,638 (+64.3%), from €225,000 to €369,638
- Cash -€79,562
down €79,562 (-40.5%), from €196,635 to €117,073
mainly Current investments (-€144,638) and Investment in fixed assets (net) (-€86,866)
- Tangible fixed assets +€64,985
up €64,985 (+244.3%), from €26,598 to €91,583
- Receivables after one year +€50,000
new in 2025: €50,000
- Profit (loss) carried forward +€182,048
up €182,048 (+57.1%), from €319,075 to €501,124
- Gross operating margin +€35,205
up €35,205 (+12.2%), from €288,782 to €323,987
- Staff costs +€29,634
up €29,634 (+237.7%), from €12,466 to €42,100
- Depreciation +€13,223
up €13,223 (+154.7%), from €8,548 to €21,772
- Other operating charges +€3,540
up €3,540 (+33.0%), from €10,723 to €14,263
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 | €454,136 | €638,978 | +€184,843 | +40.7% |
| Fixed assets | 21/28 | €26,598 | €91,693 | +€65,095 | +244.7% |
| Tangible fixed assets | 22/27 | €26,598 | €91,583 | +€64,985 | +244.3% |
| Furniture and vehicles | 24 | €26,598 | €91,583 | +€64,985 | +244.3% |
| Financial fixed assets | 28 | - | €110 | +€110 | |
| Current assets | 29/58 | €427,537 | €547,286 | +€119,748 | +28.0% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €4,989 | €10,010 | +€5,021 | +100.7% |
| Trade receivables | 40 | €0 | €4,715 | +€4,715 | |
| Other amounts receivable | 41 | €4,989 | €5,295 | +€306 | +6.1% |
| Current investments | 50/53 | €225,000 | €369,638 | +€144,638 | +64.3% |
| Cash at bank and in hand | 54/58 | €196,635 | €117,073 | -€79,562 | -40.5% |
| Deferred charges and accrued income | 490/1 | €914 | €564 | -€350 | -38.3% |
| Total equity and liabilities | 10/49 | €454,136 | €638,978 | +€184,843 | +40.7% |
| Equity | 10/15 | €334,075 | €516,124 | +€182,048 | +54.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €319,075 | €501,124 | +€182,048 | +57.1% |
| Amounts payable | 17/49 | €120,060 | €122,855 | +€2,795 | +2.3% |
| Amounts payable within one year | 42/48 | €120,060 | €122,855 | +€2,795 | +2.3% |
| Trade debts | 44 | €605 | €5,779 | +€5,173 | +854.6% |
| Suppliers | 440/4 | €605 | €5,779 | +€5,173 | +854.6% |
| Taxes, remuneration and social security | 45 | €119,455 | €117,076 | -€2,379 | -2.0% |
| Taxes | 450/3 | €117,559 | €110,167 | -€7,393 | -6.3% |
| Remuneration and social security | 454/9 | €1,895 | €6,910 | +€5,014 | +264.6% |
| Remuneration, social security and pensions | 62 | €12,466 | €42,100 | +€29,634 | +237.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,548 | €21,772 | +€13,223 | +154.7% |
| Other operating charges | 640/8 | €10,723 | €14,263 | +€3,540 | +33.0% |
| Gross operating margin | 9900 | €288,782 | €323,987 | +€35,205 | +12.2% |
| Operating profit (loss) | 9901 | €257,045 | €245,852 | -€11,193 | -4.4% |
| Financial income | 75/76B | €4,940 | €5,494 | +€554 | +11.2% |
| Recurring financial income | 75 | €4,940 | €5,494 | +€554 | +11.2% |
| Financial charges | 65/66B | €274 | €808 | +€534 | +194.6% |
| Recurring financial charges | 65 | €274 | €808 | +€534 | +194.6% |
| Profit (loss) for the period before taxes | 9903 | €261,710 | €250,538 | -€11,173 | -4.3% |
| Income taxes | 67/77 | €69,739 | €68,489 | -€1,250 | -1.8% |
| Profit (loss) for the period | 9904 | €191,972 | €182,048 | -€9,923 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €191,972 | €182,048 | -€9,923 | -5.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.