Pet Orthopedics: 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.
Pet Orthopedics
Largest movements
- Tangible fixed assets -€3,086
down €3,086 (-6.6%), from €46,856 to €43,770
of which Other tangible fixed assets: -€5,561
- Stocks and contracts +€1,372
up €1,372 (+31.2%), from €4,397 to €5,769
- Receivables within one year -€1,119
down €1,119 (-16.2%), from €6,921 to €5,802
of which Other amounts receivable: -€738
- Debts after one year -€7,516
down €7,516 (-16.2%), from €46,306 to €38,791
- Reserves +€2,892
up €2,892 (+33.5%), from €8,635 to €11,526
- Trade debts +€2,886
up €2,886 (+109%), from €2,657 to €5,544
- Other debts -€1,199
down €1,199 (-19.9%), from €6,032 to €4,833
- Gross operating margin -€7,652
down €7,652 (-33.2%), from €23,077 to €15,425
- Depreciation -€1,268
down €1,268 (-15.5%), from €8,158 to €6,889
- Taxes -€370
down €370 (-21.3%), from €1,740 to €1,370
- Financial charges -€241
down €241 (-5.8%), from €4,130 to €3,889
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 | €69,244 | €66,758 | -€2,486 | -3.6% |
| Fixed assets | 21/28 | €46,856 | €43,770 | -€3,086 | -6.6% |
| Tangible fixed assets | 22/27 | €46,856 | €43,770 | -€3,086 | -6.6% |
| Plant, machinery and equipment | 23 | €1,925 | €4,518 | +€2,592 | +135% |
| Furniture and vehicles | 24 | €688 | €571 | -€117 | -17.0% |
| Other tangible fixed assets | 26 | €44,242 | €38,681 | -€5,561 | -12.6% |
| Current assets | 29/58 | €22,389 | €22,988 | +€600 | +2.7% |
| Stocks and contracts in progress | 3 | €4,397 | €5,769 | +€1,372 | +31.2% |
| Stocks | 30/36 | €4,397 | €5,769 | +€1,372 | +31.2% |
| Amounts receivable within one year | 40/41 | €6,921 | €5,802 | -€1,119 | -16.2% |
| Trade receivables | 40 | €4,193 | €3,812 | -€382 | -9.1% |
| Other amounts receivable | 41 | €2,728 | €1,990 | -€738 | -27.0% |
| Cash at bank and in hand | 54/58 | €10,057 | €10,374 | +€317 | +3.1% |
| Deferred charges and accrued income | 490/1 | €1,014 | €1,044 | +€30 | +3.0% |
| Total equity and liabilities | 10/49 | €69,244 | €66,758 | -€2,486 | -3.6% |
| Equity | 10/15 | €10,495 | €13,386 | +€2,892 | +27.6% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €8,635 | €11,526 | +€2,892 | +33.5% |
| Distributable reserves | 133 | €8,635 | €11,526 | +€2,892 | +33.5% |
| Amounts payable | 17/49 | €58,749 | €53,372 | -€5,378 | -9.2% |
| Amounts payable after more than one year | 17 | €46,306 | €38,791 | -€7,516 | -16.2% |
| Financial debts | 170/4 | €46,306 | €38,791 | -€7,516 | -16.2% |
| Amounts payable within one year | 42/48 | €12,443 | €14,581 | +€2,138 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €3,753 | €3,866 | +€113 | +3.0% |
| Trade debts | 44 | €2,657 | €5,544 | +€2,886 | +109% |
| Suppliers | 440/4 | €2,657 | €5,544 | +€2,886 | +109% |
| Taxes, remuneration and social security | 45 | - | €338 | +€338 | |
| Taxes | 450/3 | - | €338 | +€338 | |
| Other amounts payable | 47/48 | €6,032 | €4,833 | -€1,199 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,158 | €6,889 | -€1,268 | -15.5% |
| Other operating charges | 640/8 | €414 | €406 | -€8 | -1.9% |
| Gross operating margin | 9900 | €23,077 | €15,425 | -€7,652 | -33.2% |
| Operating profit (loss) | 9901 | €14,505 | €8,129 | -€6,376 | -44.0% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €4,130 | €3,889 | -€241 | -5.8% |
| Recurring financial charges | 65 | €4,130 | €3,889 | -€241 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €10,375 | €4,262 | -€6,113 | -58.9% |
| Income taxes | 67/77 | €1,740 | €1,370 | -€370 | -21.3% |
| Profit (loss) for the period | 9904 | €8,635 | €2,892 | -€5,743 | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,635 | €2,892 | -€5,743 | -66.5% |
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 26 October 2026 via checked.be.