ORTOMEX: 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.
ORTOMEX
Largest movements
- Cash +€49,352
up €49,352 (+60.4%), from €81,680 to €131,032
mainly Other debts (+€85,248) and Net result for the year (+€38,303)
- Tangible fixed assets -€7,634
down €7,634 (-40.1%), from €19,056 to €11,422
- Receivables within one year +€5,270
up €5,270 (+198%), from €2,662 to €7,932
of which Trade receivables: +€5,795
- Other debts +€85,248
up €85,248 (+5,966%), from €1,429 to €86,677
- Profit (loss) carried forward -€61,697
down €61,697 (-81.6%), from €75,566 to €13,870
- Tax, wage and social debts +€15,380
up €15,380 (+77.4%), from €19,864 to €35,244
- Advances received +€8,393
new in 2025: €8,393
- Gross operating margin +€15,561
up €15,561 (+34.2%), from €45,439 to €61,000
- Taxes +€3,767
up €3,767 (+36.0%), from €10,475 to €14,242
- Depreciation +€684
up €684 (+9.8%), from €6,951 to €7,634
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 | €103,398 | €150,967 | +€47,570 | +46.0% |
| Fixed assets | 21/28 | €19,056 | €11,422 | -€7,634 | -40.1% |
| Tangible fixed assets | 22/27 | €19,056 | €11,422 | -€7,634 | -40.1% |
| Furniture and vehicles | 24 | €19,056 | €11,422 | -€7,634 | -40.1% |
| Current assets | 29/58 | €84,341 | €139,546 | +€55,204 | +65.5% |
| Amounts receivable within one year | 40/41 | €2,662 | €7,932 | +€5,270 | +198% |
| Trade receivables | 40 | €2,137 | €7,932 | +€5,795 | +271% |
| Other amounts receivable | 41 | €525 | - | -€525 | |
| Cash at bank and in hand | 54/58 | €81,680 | €131,032 | +€49,352 | +60.4% |
| Deferred charges and accrued income | 490/1 | - | €582 | +€582 | |
| Total equity and liabilities | 10/49 | €103,398 | €150,967 | +€47,570 | +46.0% |
| Equity | 10/15 | €80,566 | €18,870 | -€61,697 | -76.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,566 | €13,870 | -€61,697 | -81.6% |
| Amounts payable | 17/49 | €22,831 | €132,098 | +€109,267 | +479% |
| Amounts payable within one year | 42/48 | €21,613 | €130,815 | +€109,202 | +505% |
| Trade debts | 44 | €320 | €501 | +€181 | +56.6% |
| Suppliers | 440/4 | €320 | €501 | +€181 | +56.6% |
| Advances received on contracts in progress | 46 | - | €8,393 | +€8,393 | |
| Taxes, remuneration and social security | 45 | €19,864 | €35,244 | +€15,380 | +77.4% |
| Taxes | 450/3 | €19,864 | €35,244 | +€15,380 | +77.4% |
| Other amounts payable | 47/48 | €1,429 | €86,677 | +€85,248 | +5,966% |
| Accrued charges and deferred income | 492/3 | €1,218 | €1,283 | +€65 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,951 | €7,634 | +€684 | +9.8% |
| Other operating charges | 640/8 | €149 | €623 | +€474 | +319% |
| Gross operating margin | 9900 | €45,439 | €61,000 | +€15,561 | +34.2% |
| Operating profit (loss) | 9901 | €38,339 | €52,742 | +€14,403 | +37.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €214 | €199 | -€15 | -7.2% |
| Recurring financial charges | 65 | €214 | €199 | -€15 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €38,126 | €52,545 | +€14,419 | +37.8% |
| Income taxes | 67/77 | €10,475 | €14,242 | +€3,767 | +36.0% |
| Profit (loss) for the period | 9904 | €27,650 | €38,303 | +€10,653 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,650 | €38,303 | +€10,653 | +38.5% |
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 21 October 2026 via checked.be.