ORTOSOFT: 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.
ORTOSOFT
Largest movements
- Cash -€31,579
down €31,579 (-25.4%), from €124,116 to €92,537
mainly Debts after one year (-€30,000) and Other debts (-€2,604)
- Debts after one year -€30,000
no longer reported in 2024 (was €30,000)
- Other debts -€2,604
down €2,604 (-70.9%), from €3,676 to €1,071
- Reserves +€2,225
up €2,225 (+5.9%), from €37,914 to €40,139
of which Distributable reserves: +€4,376
- Gross operating margin -€11,725
down €11,725 (-64.5%), from €18,186 to €6,461
- Depreciation -€2,999
no longer reported in 2024 (was €2,999)
- Taxes -€1,954
down €1,954 (-81.7%), from €2,392 to €438
- Financial charges -€947
down €947 (-38.4%), from €2,464 to €1,517
- Other operating charges +€214
up €214 (+7.6%), from €2,809 to €3,023
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,788 | €130,209 | -€31,579 | -19.5% |
| Fixed assets | 21/28 | €37,671 | €37,671 | = | 0.0% |
| Tangible fixed assets | 22/27 | €37,671 | €37,671 | = | 0.0% |
| Land and buildings | 22 | €37,671 | €37,671 | = | 0.0% |
| Current assets | 29/58 | €124,116 | €92,537 | -€31,579 | -25.4% |
| Cash at bank and in hand | 54/58 | €124,116 | €92,537 | -€31,579 | -25.4% |
| Total equity and liabilities | 10/49 | €161,788 | €130,209 | -€31,579 | -19.5% |
| Equity | 10/15 | €115,273 | €117,498 | +€2,225 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €37,914 | €40,139 | +€2,225 | +5.9% |
| Tax-exempt reserves | 132 | €25,664 | €23,513 | -€2,151 | -8.4% |
| Distributable reserves | 133 | €12,250 | €16,626 | +€4,376 | +35.7% |
| Profit (loss) carried forward | 14 | €64,959 | €64,959 | = | 0.0% |
| Provisions and deferred taxes | 16 | €10,995 | €10,278 | -€717 | -6.5% |
| Deferred taxes | 168 | €10,995 | €10,278 | -€717 | -6.5% |
| Amounts payable | 17/49 | €35,520 | €2,433 | -€33,087 | -93.2% |
| Amounts payable after more than one year | 17 | €30,000 | - | -€30,000 | |
| Financial debts | 170/4 | €30,000 | - | -€30,000 | |
| Amounts payable within one year | 42/48 | €5,520 | €2,433 | -€3,087 | -55.9% |
| Trade debts | 44 | €292 | €683 | +€392 | +134.2% |
| Suppliers | 440/4 | €292 | €683 | +€392 | +134.2% |
| Taxes, remuneration and social security | 45 | €1,552 | €678 | -€874 | -56.3% |
| Taxes | 450/3 | €1,552 | €678 | -€874 | -56.3% |
| Other amounts payable | 47/48 | €3,676 | €1,071 | -€2,604 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,999 | - | -€2,999 | |
| Other operating charges | 640/8 | €2,809 | €3,023 | +€214 | +7.6% |
| Gross operating margin | 9900 | €18,186 | €6,461 | -€11,725 | -64.5% |
| Operating profit (loss) | 9901 | €12,378 | €3,438 | -€8,940 | -72.2% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €2,464 | €1,517 | -€947 | -38.4% |
| Recurring financial charges | 65 | €2,464 | €1,517 | -€947 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €9,914 | €1,945 | -€7,969 | -80.4% |
| Transfer from deferred taxes | 780 | €717 | €717 | = | 0.0% |
| Income taxes | 67/77 | €2,392 | €438 | -€1,954 | -81.7% |
| Profit (loss) for the period | 9904 | €8,240 | €2,225 | -€6,015 | -73.0% |
| Transfer from tax-exempt reserves | 789 | €2,151 | €2,151 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,391 | €4,376 | -€6,015 | -57.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.