DE BOCK - OST: 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.
DE BOCK - OST
Largest movements
- Current investments +€150,000
up €150,000 (+21.4%), from €700,000 to €850,000
- Cash -€125,456
down €125,456 (-69.4%), from €180,800 to €55,344
mainly Current investments (-€150,000) and Trade debts (-€65,905)
- Tangible fixed assets -€53,582
down €53,582 (-26.8%), from €199,988 to €146,406
of which Furniture and vehicles: -€46,983
- Stocks and contracts -€36,335
down €36,335 (-4.6%), from €790,760 to €754,424
- Receivables within one year +€25,117
up €25,117 (+18.4%), from €136,855 to €161,972
of which Trade receivables: +€29,126
- Trade debts -€65,905
down €65,905 (-75.6%), from €87,126 to €21,221
- Reserves +€59,265
up €59,265 (+3.4%), from €1.8m to €1.8m
of which Distributable reserves: +€59,265
- Gross operating margin -€40,765
down €40,765 (-13.3%), from €306,368 to €265,603
- Taxes -€16,672
down €16,672 (-41.8%), from €39,905 to €23,233
- Depreciation +€10,125
up €10,125 (+20.5%), from €49,380 to €59,504
- Staff costs +€7,120
up €7,120 (+6.5%), from €109,703 to €116,823
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 | €2,008,538 | €1,988,946 | -€19,592 | -1.0% |
| Fixed assets | 21/28 | €200,123 | €164,223 | -€35,901 | -17.9% |
| Intangible fixed assets | 21 | - | €17,681 | +€17,681 | |
| Tangible fixed assets | 22/27 | €199,988 | €146,406 | -€53,582 | -26.8% |
| Plant, machinery and equipment | 23 | €7,182 | €2,293 | -€4,889 | -68.1% |
| Furniture and vehicles | 24 | €178,853 | €131,870 | -€46,983 | -26.3% |
| Other tangible fixed assets | 26 | €13,954 | €12,244 | -€1,710 | -12.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,808,415 | €1,824,724 | +€16,309 | +0.9% |
| Stocks and contracts in progress | 3 | €790,760 | €754,424 | -€36,335 | -4.6% |
| Stocks | 30/36 | €790,760 | €754,424 | -€36,335 | -4.6% |
| Amounts receivable within one year | 40/41 | €136,855 | €161,972 | +€25,117 | +18.4% |
| Trade receivables | 40 | €120,912 | €150,039 | +€29,126 | +24.1% |
| Other amounts receivable | 41 | €15,942 | €11,933 | -€4,010 | -25.2% |
| Current investments | 50/53 | €700,000 | €850,000 | +€150,000 | +21.4% |
| Cash at bank and in hand | 54/58 | €180,800 | €55,344 | -€125,456 | -69.4% |
| Deferred charges and accrued income | 490/1 | - | €2,983 | +€2,983 | |
| Total equity and liabilities | 10/49 | €2,008,538 | €1,988,946 | -€19,592 | -1.0% |
| Equity | 10/15 | €1,826,574 | €1,885,839 | +€59,265 | +3.2% |
| Contributions | 10/11 | €73,250 | €73,250 | = | 0.0% |
| Capital | 10 | €73,250 | €73,250 | = | 0.0% |
| Issued capital | 100 | €73,250 | €73,250 | = | 0.0% |
| Reserves | 13 | €1,753,324 | €1,812,589 | +€59,265 | +3.4% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €1,693,324 | €1,752,589 | +€59,265 | +3.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €181,964 | €103,107 | -€78,857 | -43.3% |
| Amounts payable within one year | 42/48 | €181,964 | €103,107 | -€78,857 | -43.3% |
| Trade debts | 44 | €87,126 | €21,221 | -€65,905 | -75.6% |
| Suppliers | 440/4 | €87,126 | €21,221 | -€65,905 | -75.6% |
| Taxes, remuneration and social security | 45 | €44,838 | €31,887 | -€12,952 | -28.9% |
| Taxes | 450/3 | €13,245 | €15,395 | +€2,150 | +16.2% |
| Remuneration and social security | 454/9 | €31,593 | €16,491 | -€15,102 | -47.8% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Non-recurring operating income | 76A | €192 | €100 | -€92 | -48.0% |
| Remuneration, social security and pensions | 62 | €109,703 | €116,823 | +€7,120 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,380 | €59,504 | +€10,125 | +20.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €485 | €0 | -€485 | -100% |
| Other operating charges | 640/8 | €5,218 | €6,635 | +€1,417 | +27.2% |
| Gross operating margin | 9900 | €306,368 | €265,603 | -€40,765 | -13.3% |
| Operating profit (loss) | 9901 | €141,583 | €82,640 | -€58,943 | -41.6% |
| Financial income | 75/76B | €47,761 | €49,942 | +€2,181 | +4.6% |
| Recurring financial income | 75 | €47,761 | €49,942 | +€2,181 | +4.6% |
| Financial charges | 65/66B | €88 | €84 | -€4 | -4.2% |
| Recurring financial charges | 65 | €88 | €84 | -€4 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €189,256 | €132,498 | -€56,758 | -30.0% |
| Income taxes | 67/77 | €39,905 | €23,233 | -€16,672 | -41.8% |
| Profit (loss) for the period | 9904 | €149,351 | €109,265 | -€40,086 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €149,351 | €109,265 | -€40,086 | -26.8% |
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 21 October 2026 via checked.be.