SDS ORTHO: 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.
SDS ORTHO
Largest movements
- Cash +€127,185
up €127,185 (+225.9%), from €56,299 to €183,484
mainly Other debts (+€304,659) and Net result for the year (+€187,951)
- Current investments -€120,000
down €120,000 (-100.0%), from €120,000 to €0
- Receivables within one year -€92,802
down €92,802 (-100.0%), from €92,802 to €0
- Tangible fixed assets +€8,275
up €8,275 (+85.1%), from €9,719 to €17,994
of which Furniture and vehicles: +€8,594
- Reserves -€388,191
down €388,191 (-99.2%), from €391,142 to €2,951
- Other debts +€304,659
up €304,659, from €0 to €304,659
- Tax, wage and social debts +€5,688
up €5,688 (+19.2%), from €29,589 to €35,277
- Gross operating margin +€19,045
up €19,045 (+8.2%), from €232,031 to €251,076
- Taxes +€3,516
up €3,516 (+6.4%), from €55,239 to €58,755
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 | €422,970 | €347,155 | -€75,815 | -17.9% |
| Fixed assets | 21/28 | €9,719 | €17,994 | +€8,275 | +85.1% |
| Tangible fixed assets | 22/27 | €9,719 | €17,994 | +€8,275 | +85.1% |
| Furniture and vehicles | 24 | €8,756 | €17,351 | +€8,594 | +98.2% |
| Other tangible fixed assets | 26 | €963 | €643 | -€320 | -33.2% |
| Current assets | 29/58 | €413,251 | €329,161 | -€84,090 | -20.3% |
| Amounts receivable within one year | 40/41 | €92,802 | €0 | -€92,802 | -100.0% |
| Other amounts receivable | 41 | €92,802 | €0 | -€92,802 | -100.0% |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €56,299 | €183,484 | +€127,185 | +225.9% |
| Deferred charges and accrued income | 490/1 | €144,150 | €145,677 | +€1,527 | +1.1% |
| Total equity and liabilities | 10/49 | €422,970 | €347,155 | -€75,815 | -17.9% |
| Equity | 10/15 | €392,142 | €3,951 | -€388,191 | -99.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €391,142 | €2,951 | -€388,191 | -99.2% |
| Distributable reserves | 133 | €391,142 | €2,951 | -€388,191 | -99.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €30,828 | €343,204 | +€312,376 | +1013.3% |
| Amounts payable within one year | 42/48 | €30,155 | €343,204 | +€313,049 | +1038.1% |
| Trade debts | 44 | €566 | €3,268 | +€2,701 | +477.0% |
| Suppliers | 440/4 | €566 | €3,268 | +€2,701 | +477.0% |
| Taxes, remuneration and social security | 45 | €29,589 | €35,277 | +€5,688 | +19.2% |
| Taxes | 450/3 | €29,589 | €35,277 | +€5,688 | +19.2% |
| Other amounts payable | 47/48 | €0 | €304,659 | +€304,659 | |
| Accrued charges and deferred income | 492/3 | €672 | €0 | -€672 | -100.0% |
| Non-recurring operating income | 76A | €1,401 | €6,641 | +€5,240 | +373.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,425 | €3,559 | -€866 | -19.6% |
| Other operating charges | 640/8 | €1,393 | €2,466 | +€1,073 | +77.0% |
| Gross operating margin | 9900 | €232,031 | €251,076 | +€19,045 | +8.2% |
| Operating profit (loss) | 9901 | €226,213 | €245,051 | +€18,838 | +8.3% |
| Financial income | 75/76B | €3,968 | €1,926 | -€2,042 | -51.5% |
| Recurring financial income | 75 | €3,968 | €1,926 | -€2,042 | -51.5% |
| Financial charges | 65/66B | €103 | €271 | +€169 | +164.7% |
| Recurring financial charges | 65 | €103 | €271 | +€169 | +164.7% |
| Profit (loss) for the period before taxes | 9903 | €230,079 | €246,706 | +€16,627 | +7.2% |
| Income taxes | 67/77 | €55,239 | €58,755 | +€3,516 | +6.4% |
| Profit (loss) for the period | 9904 | €174,840 | €187,951 | +€13,111 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €174,840 | €187,951 | +€13,111 | +7.5% |
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 12 October 2026 via checked.be.