CAP OSTEO: 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.
CAP OSTEO
Largest movements
- Cash -€3,612
down €3,612 (-6.8%), from €52,815 to €49,203
mainly Trade debts (-€5,606) and Investment in fixed assets (net) (-€2,272)
- Deferred charges and accrued income +€1,308
up €1,308 (+54.2%), from €2,412 to €3,719
- Tangible fixed assets +€1,188
up €1,188 (+555.4%), from €214 to €1,402
- Financial fixed assets +€840
up €840 (+1527.3%), from €55 to €895
- Trade debts -€5,606
down €5,606 (-78.1%), from €7,175 to €1,569
- Reserves +€4,040
up €4,040 (+20.6%), from €19,565 to €23,605
- Accrued charges and deferred income +€2,107
new in 2025: €2,107
- Tax, wage and social debts -€753
down €753 (-24.2%), from €3,112 to €2,359
- Gross operating margin -€3,102
down €3,102 (-23.9%), from €12,976 to €9,873
- Other operating charges +€1,145
up €1,145 (+69.4%), from €1,651 to €2,797
- Taxes -€753
down €753 (-24.2%), from €3,112 to €2,359
- Depreciation -€321
down €321 (-48.4%), from €663 to €343
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 | €58,322 | €58,112 | -€209 | -0.4% |
| Fixed assets | 21/28 | €367 | €2,297 | +€1,929 | +525.1% |
| Intangible fixed assets | 21 | €99 | - | -€99 | |
| Tangible fixed assets | 22/27 | €214 | €1,402 | +€1,188 | +555.4% |
| Furniture and vehicles | 24 | €214 | €1,402 | +€1,188 | +555.4% |
| Financial fixed assets | 28 | €55 | €895 | +€840 | +1527.3% |
| Current assets | 29/58 | €57,954 | €55,815 | -€2,139 | -3.7% |
| Amounts receivable within one year | 40/41 | €2,728 | €2,893 | +€165 | +6.1% |
| Trade receivables | 40 | €1,430 | €480 | -€950 | -66.4% |
| Other amounts receivable | 41 | €1,298 | €2,413 | +€1,115 | +85.9% |
| Cash at bank and in hand | 54/58 | €52,815 | €49,203 | -€3,612 | -6.8% |
| Deferred charges and accrued income | 490/1 | €2,412 | €3,719 | +€1,308 | +54.2% |
| Total equity and liabilities | 10/49 | €58,322 | €58,112 | -€209 | -0.4% |
| Equity | 10/15 | €48,035 | €52,077 | +€4,042 | +8.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,565 | €23,605 | +€4,040 | +20.6% |
| Distributable reserves | 133 | €19,565 | €23,605 | +€4,040 | +20.6% |
| Profit (loss) carried forward | 14 | €23,470 | €23,472 | +€2 | 0.0% |
| Amounts payable | 17/49 | €10,287 | €6,035 | -€4,252 | -41.3% |
| Amounts payable within one year | 42/48 | €10,287 | €3,928 | -€6,358 | -61.8% |
| Trade debts | 44 | €7,175 | €1,569 | -€5,606 | -78.1% |
| Suppliers | 440/4 | €7,175 | €1,569 | -€5,606 | -78.1% |
| Taxes, remuneration and social security | 45 | €3,112 | €2,359 | -€753 | -24.2% |
| Taxes | 450/3 | €3,112 | €2,359 | -€753 | -24.2% |
| Accrued charges and deferred income | 492/3 | - | €2,107 | +€2,107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €663 | €343 | -€321 | -48.4% |
| Other operating charges | 640/8 | €1,651 | €2,797 | +€1,145 | +69.4% |
| Gross operating margin | 9900 | €12,976 | €9,873 | -€3,102 | -23.9% |
| Operating profit (loss) | 9901 | €10,661 | €6,734 | -€3,927 | -36.8% |
| Financial charges | 65/66B | €282 | €333 | +€51 | +18.0% |
| Recurring financial charges | 65 | €282 | €333 | +€51 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €10,379 | €6,401 | -€3,978 | -38.3% |
| Income taxes | 67/77 | €3,112 | €2,359 | -€753 | -24.2% |
| Profit (loss) for the period | 9904 | €7,267 | €4,042 | -€3,225 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,267 | €4,042 | -€3,225 | -44.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.