OSTARA: 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.
OSTARA
Largest movements
- Tangible fixed assets -€26,190
down €26,190 (-19.0%), from €138,062 to €111,872
- Receivables within one year +€20,100
up €20,100 (+198%), from €10,146 to €30,246
of which Other amounts receivable: +€17,252
- Cash -€10,112
down €10,112 (-14.9%), from €68,041 to €57,928
mainly Receivables within one year (-€20,100) and Other debts (-€13,111)
- Other debts -€13,111
down €13,111 (-100%), from €13,111 to €0
- Trade debts +€2,589
up €2,589 (+108%), from €2,394 to €4,983
- Gross operating margin -€6,523
down €6,523 (-16.4%), from €39,736 to €33,213
- Depreciation +€4,499
up €4,499 (+18.0%), from €24,957 to €29,457
- Taxes -€1,679
down €1,679 (-41.9%), from €4,006 to €2,327
- Other operating charges -€1,460
down €1,460 (-30.2%), from €4,826 to €3,366
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 | €217,605 | €203,669 | -€13,936 | -6.4% |
| Fixed assets | 21/28 | €138,062 | €111,872 | -€26,190 | -19.0% |
| Tangible fixed assets | 22/27 | €138,062 | €111,872 | -€26,190 | -19.0% |
| Land and buildings | 22 | €69,487 | €60,856 | -€8,631 | -12.4% |
| Plant, machinery and equipment | 23 | €8,466 | €3,236 | -€5,230 | -61.8% |
| Furniture and vehicles | 24 | €60,109 | €47,781 | -€12,328 | -20.5% |
| Current assets | 29/58 | €79,543 | €91,797 | +€12,254 | +15.4% |
| Stocks and contracts in progress | 3 | €396 | €1,463 | +€1,067 | +270% |
| Stocks | 30/36 | €396 | €1,463 | +€1,067 | +270% |
| Amounts receivable within one year | 40/41 | €10,146 | €30,246 | +€20,100 | +198% |
| Trade receivables | 40 | €4,152 | €7,000 | +€2,848 | +68.6% |
| Other amounts receivable | 41 | €5,994 | €23,246 | +€17,252 | +288% |
| Cash at bank and in hand | 54/58 | €68,041 | €57,928 | -€10,112 | -14.9% |
| Deferred charges and accrued income | 490/1 | €961 | €2,160 | +€1,199 | +125% |
| Total equity and liabilities | 10/49 | €217,605 | €203,669 | -€13,936 | -6.4% |
| Equity | 10/15 | €193,488 | €191,680 | -€1,808 | -0.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €125,207 | €125,207 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,805 | €15,805 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,805 | €15,805 | = | 0.0% |
| Distributable reserves | 133 | €109,402 | €109,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,281 | €4,473 | -€1,808 | -28.8% |
| Amounts payable | 17/49 | €24,117 | €11,989 | -€12,128 | -50.3% |
| Amounts payable within one year | 42/48 | €15,505 | €4,983 | -€10,522 | -67.9% |
| Trade debts | 44 | €2,394 | €4,983 | +€2,589 | +108% |
| Suppliers | 440/4 | €2,394 | €4,983 | +€2,589 | +108% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €13,111 | €0 | -€13,111 | -100% |
| Accrued charges and deferred income | 492/3 | €8,612 | €7,006 | -€1,605 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,957 | €29,457 | +€4,499 | +18.0% |
| Other operating charges | 640/8 | €4,826 | €3,366 | -€1,460 | -30.2% |
| Gross operating margin | 9900 | €39,736 | €33,213 | -€6,523 | -16.4% |
| Operating profit (loss) | 9901 | €9,953 | €390 | -€9,563 | -96.1% |
| Financial income | 75/76B | €0 | €128 | +€128 | |
| Recurring financial income | 75 | €0 | €128 | +€128 | |
| Financial charges | 65/66B | €0 | €0 | -€0 | -90.5% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -90.5% |
| Profit (loss) for the period before taxes | 9903 | €9,953 | €518 | -€9,434 | -94.8% |
| Income taxes | 67/77 | €4,006 | €2,327 | -€1,679 | -41.9% |
| Profit (loss) for the period | 9904 | €5,947 | -€1,808 | -€7,755 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,947 | -€1,808 | -€7,755 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.