B.P.S. Osteo: 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.
B.P.S. Osteo
Largest movements
- Current investments +€50,629
up €50,629 (+40.2%), from €125,969 to €176,598
- Tangible fixed assets -€20,345
down €20,345 (-56.5%), from €36,026 to €15,681
of which Furniture and vehicles: -€16,895
- Financial fixed assets -€20,000
down €20,000 (-99.2%), from €20,161 to €161
- Receivables within one year +€5,413
up €5,413 (+186,653%), from €3 to €5,416
- Reserves +€45,189
up €45,189 (+38.3%), from €117,860 to €163,049
of which Distributable reserves: +€45,189
- Other debts -€29,354
no longer reported in 2025 (was €29,354)
- Debts after one year -€6,195
down €6,195 (-35.3%), from €17,535 to €11,340
- Tax, wage and social debts +€3,457
up €3,457 (+69.8%), from €4,954 to €8,410
- Gross operating margin +€35,035
up €35,035 (+44.9%), from €77,995 to €113,030
- Financial charges +€19,714
up €19,714 (+857%), from €2,301 to €22,015
of which Non-recurring financial charges: +€20,000
- Depreciation +€7,916
up €7,916 (+63.7%), from €12,429 to €20,345
- Taxes +€6,944
up €6,944 (+33.8%), from €20,525 to €27,469
- Other operating charges -€3,733
down €3,733 (-74.0%), from €5,047 to €1,314
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 | €196,447 | €212,384 | +€15,938 | +8.1% |
| Fixed assets | 21/28 | €56,187 | €15,842 | -€40,345 | -71.8% |
| Tangible fixed assets | 22/27 | €36,026 | €15,681 | -€20,345 | -56.5% |
| Plant, machinery and equipment | 23 | €6,450 | €2,747 | -€3,704 | -57.4% |
| Furniture and vehicles | 24 | €28,376 | €11,481 | -€16,895 | -59.5% |
| Other tangible fixed assets | 26 | €1,200 | €1,454 | +€254 | +21.2% |
| Financial fixed assets | 28 | €20,161 | €161 | -€20,000 | -99.2% |
| Current assets | 29/58 | €140,260 | €196,543 | +€56,283 | +40.1% |
| Amounts receivable within one year | 40/41 | €3 | €5,416 | +€5,413 | +186,653% |
| Other amounts receivable | 41 | €3 | €5,416 | +€5,413 | +186,653% |
| Current investments | 50/53 | €125,969 | €176,598 | +€50,629 | +40.2% |
| Cash at bank and in hand | 54/58 | €1,133 | €1,586 | +€453 | +40.0% |
| Deferred charges and accrued income | 490/1 | €13,155 | €12,943 | -€212 | -1.6% |
| Total equity and liabilities | 10/49 | €196,447 | €212,384 | +€15,938 | +8.1% |
| Equity | 10/15 | €134,464 | €179,734 | +€45,270 | +33.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €117,860 | €163,049 | +€45,189 | +38.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €116,000 | €161,189 | +€45,189 | +39.0% |
| Profit (loss) carried forward | 14 | €10,404 | €10,485 | +€81 | +0.8% |
| Amounts payable | 17/49 | €61,983 | €32,651 | -€29,333 | -47.3% |
| Amounts payable after more than one year | 17 | €17,535 | €11,340 | -€6,195 | -35.3% |
| Financial debts | 170/4 | €17,535 | €11,340 | -€6,195 | -35.3% |
| Amounts payable within one year | 42/48 | €43,765 | €19,828 | -€23,938 | -54.7% |
| Current portion of amounts payable after more than one year | 42 | €5,996 | €6,195 | +€199 | +3.3% |
| Trade debts | 44 | €3,462 | €5,222 | +€1,761 | +50.9% |
| Suppliers | 440/4 | €3,462 | €5,222 | +€1,761 | +50.9% |
| Taxes, remuneration and social security | 45 | €4,954 | €8,410 | +€3,457 | +69.8% |
| Taxes | 450/3 | €4,954 | €8,410 | +€3,457 | +69.8% |
| Other amounts payable | 47/48 | €29,354 | - | -€29,354 | |
| Accrued charges and deferred income | 492/3 | €683 | €1,483 | +€800 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,429 | €20,345 | +€7,916 | +63.7% |
| Other operating charges | 640/8 | €5,047 | €1,314 | -€3,733 | -74.0% |
| Gross operating margin | 9900 | €77,995 | €113,030 | +€35,035 | +44.9% |
| Operating profit (loss) | 9901 | €60,519 | €91,371 | +€30,852 | +51.0% |
| Financial income | 75/76B | €5,405 | €3,383 | -€2,022 | -37.4% |
| Recurring financial income | 75 | €1,905 | €3,383 | +€1,478 | +77.6% |
| Non-recurring financial income | 76B | €3,500 | - | -€3,500 | |
| Financial charges | 65/66B | €2,301 | €22,015 | +€19,714 | +857% |
| Recurring financial charges | 65 | €2,301 | €2,015 | -€286 | -12.4% |
| Non-recurring financial charges | 66B | - | €20,000 | +€20,000 | |
| Profit (loss) for the period before taxes | 9903 | €63,623 | €72,739 | +€9,116 | +14.3% |
| Income taxes | 67/77 | €20,525 | €27,469 | +€6,944 | +33.8% |
| Profit (loss) for the period | 9904 | €43,098 | €45,270 | +€2,172 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,098 | €45,270 | +€2,172 | +5.0% |
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 28 October 2026 via checked.be.