OSTARA: 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.
What changed
OSTARA
NACE 46.392, Non-specialised wholesale
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.7m-€392,973
Equity
€4.0m
2024 · €3.9m+€96,064
Cash
€5.9m
2024 · €5.8m+€128,278
Balance sheet total
€9.2m
2024 · €9.1m+€101,418
Largest movements
Assets
- Stocks and contracts +€332,715
up €332,715 (+25.9%), from €1.3m to €1.6m
- Receivables after one year -€172,424
no longer reported in 2025 (was €172,424)
- Cash +€128,278
up €128,278 (+2.2%), from €5.8m to €5.9m
mainly Debts after one year (+€1.7m) and Net result for the year (+€1.3m)
- Receivables within one year -€115,891
down €115,891 (-16.9%), from €687,742 to €571,851
of which Trade receivables: -€229,836
Equity and liabilities
- Other debts -€3.0m
down €3.0m (-71.3%), from €4.2m to €1.2m
- Debts after one year +€1.7m
new in 2025: €1.7m
- Current portion of long-term debt +€1.0m
new in 2025: €1.0m
- Advances received +€182,450
up €182,450 (+202.8%), from €89,950 to €272,400
- Profit (loss) carried forward +€96,064
up €96,064 (+2.5%), from €3.8m to €3.9m
Income statement
- Turnover -€2.6m
down €2.6m (-19.1%), from €13.5m to €10.9m
- Goods and materials -€1.5m
down €1.5m (-17.7%), from €8.7m to €7.1m
of which Purchases: -€949,665
- Services and other goods -€903,241
down €903,241 (-29.4%), from €3.1m to €2.2m
- Other operating income -€535,992
down €535,992 (-84.2%), from €636,451 to €100,459
- Financial income +€274,997
up €274,997 (+86.3%), from €318,801 to €593,798
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.
Result 2024
€1.7m
Turnover
-€2.6m
Other operating income
-€535,992
Goods and materials
+€1.5m
Services and other goods
+€903,241
Staff costs
-€84,359
Depreciation
+€8,181
Write-downs
+€172,236
Other operating charges
+€1,509
Other operating items
+€5,000
Financial income
+€274,997
Financial charges
-€225,066
Taxes
+€132,164
Result 2025
€1.3m
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.
From operations
-€1.3m
Investment
-€9,507
Financing
+€1.5m
Cash 2024
€5.8m
From operations (derived)
-€1.3m
Net result for the year
+€1.3m
Depreciation
+€80,141
Receivables after one year
+€172,424
Stocks and contracts
-€332,715
Receivables within one year
+€115,891
Deferred charges and accrued income
+€626
Trade debts
+€50,347
Tax, wage and social debts
+€50,760
Advances received
+€182,450
Other debts
-€3.0m
Accrued charges and deferred income
+€54,156
Investment (derived)
-€9,507
Investment in fixed assets (net)
-€9,507
Financing
+€1.5m
Debts after one year
+€1.7m
Current portion of long-term debt
+€1.0m
Contributions, distributions and other
-€1.2m
Cash 2025
€5.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,127,608 | €9,229,026 | +€101,418 | +1.1% |
| Fixed assets | 21/28 | €1,150,759 | €1,080,125 | -€70,634 | -6.1% |
| Tangible fixed assets | 22/27 | €648,558 | €577,924 | -€70,634 | -10.9% |
| Land and buildings | 22 | €296,661 | €275,300 | -€21,361 | -7.2% |
| Plant, machinery and equipment | 23 | €236,761 | €220,177 | -€16,584 | -7.0% |
| Furniture and vehicles | 24 | €112,586 | €81,380 | -€31,206 | -27.7% |
| Other tangible fixed assets | 26 | €2,550 | €1,067 | -€1,483 | -58.2% |
| Financial fixed assets | 28 | €502,201 | €502,201 | = | 0.0% |
| Affiliated companies | 280/1 | €499,597 | €499,597 | = | 0.0% |
| Participating interests | 280 | €499,597 | €499,597 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,604 | €2,604 | = | 0.0% |
| Shares | 284 | €2,354 | €2,354 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €7,976,849 | €8,148,901 | +€172,052 | +2.2% |
| Amounts receivable after more than one year | 29 | €172,424 | - | -€172,424 | |
| Other amounts receivable | 291 | €172,424 | - | -€172,424 | |
| Stocks and contracts in progress | 3 | €1,284,826 | €1,617,541 | +€332,715 | +25.9% |
| Stocks | 30/36 | €1,284,826 | €1,617,541 | +€332,715 | +25.9% |
| Goods purchased for resale | 34 | €1,284,826 | €1,617,541 | +€332,715 | +25.9% |
| Amounts receivable within one year | 40/41 | €687,742 | €571,851 | -€115,891 | -16.9% |
| Trade receivables | 40 | €549,885 | €320,049 | -€229,836 | -41.8% |
| Other amounts receivable | 41 | €137,857 | €251,802 | +€113,945 | +82.7% |
| Cash at bank and in hand | 54/58 | €5,798,449 | €5,926,727 | +€128,278 | +2.2% |
| Deferred charges and accrued income | 490/1 | €33,408 | €32,782 | -€626 | -1.9% |
| Total equity and liabilities | 10/49 | €9,127,608 | €9,229,026 | +€101,418 | +1.1% |
| Equity | 10/15 | €3,929,834 | €4,025,898 | +€96,064 | +2.4% |
| Contributions | 10/11 | €147,181 | €147,181 | = | 0.0% |
| Capital | 10 | €147,181 | €147,181 | = | 0.0% |
| Issued capital | 100 | €147,181 | €147,181 | = | 0.0% |
| Reserves | 13 | €14,917 | €14,917 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,917 | €14,917 | = | 0.0% |
| Legal reserve | 130 | €14,917 | €14,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,767,736 | €3,863,800 | +€96,064 | +2.5% |
| Amounts payable | 17/49 | €5,197,774 | €5,203,128 | +€5,354 | +0.1% |
| Amounts payable after more than one year | 17 | - | €1,666,667 | +€1.7m | |
| Financial debts | 170/4 | - | €1,666,667 | +€1.7m | |
| Credit institutions | 173 | - | €1,666,667 | +€1.7m | |
| Amounts payable within one year | 42/48 | €5,186,833 | €3,471,364 | -€1.7m | -33.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,000,000 | +€1.0m | |
| Trade debts | 44 | €869,482 | €919,829 | +€50,347 | +5.8% |
| Suppliers | 440/4 | €869,482 | €919,829 | +€50,347 | +5.8% |
| Advances received on contracts in progress | 46 | €89,950 | €272,400 | +€182,450 | +202.8% |
| Taxes, remuneration and social security | 45 | €21,661 | €72,421 | +€50,760 | +234.3% |
| Taxes | 450/3 | €11,453 | €51,161 | +€39,708 | +346.7% |
| Remuneration and social security | 454/9 | €10,208 | €21,260 | +€11,052 | +108.3% |
| Other amounts payable | 47/48 | €4,205,740 | €1,206,714 | -€3.0m | -71.3% |
| Accrued charges and deferred income | 492/3 | €10,941 | €65,097 | +€54,156 | +495.0% |
| Operating income | 70/76A | €14,121,447 | €11,016,097 | -€3.1m | -22.0% |
| Turnover | 70 | €13,484,996 | €10,910,638 | -€2.6m | -19.1% |
| Other operating income | 74 | €636,451 | €100,459 | -€535,992 | -84.2% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Operating charges | 60/66A | €12,108,656 | €9,578,374 | -€2.5m | -20.9% |
| Goods for resale, raw materials and consumables | 60 | €8,660,761 | €7,131,287 | -€1.5m | -17.7% |
| Purchases | 600/8 | €8,439,668 | €7,490,003 | -€949,665 | -11.3% |
| Change in stocks: decrease (increase) | 609 | €221,093 | -€358,716 | -€579,809 | |
| Services and other goods | 61 | €3,073,531 | €2,170,290 | -€903,241 | -29.4% |
| Remuneration, social security and pensions | 62 | €80,859 | €165,218 | +€84,359 | +104.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,322 | €80,141 | -€8,181 | -9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €198,237 | €26,001 | -€172,236 | -86.9% |
| Other operating charges | 640/8 | €6,946 | €5,437 | -€1,509 | -21.7% |
| Operating profit (loss) | 9901 | €2,012,791 | €1,437,723 | -€575,068 | -28.6% |
| Financial income | 75/76B | €318,801 | €593,798 | +€274,997 | +86.3% |
| Recurring financial income | 75 | €318,801 | €593,798 | +€274,997 | +86.3% |
| Income from current assets | 751 | €100,836 | €40,731 | -€60,105 | -59.6% |
| Other financial income | 752/9 | €217,965 | €553,067 | +€335,102 | +153.7% |
| Financial charges | 65/66B | €61,866 | €286,932 | +€225,066 | +363.8% |
| Recurring financial charges | 65 | €61,866 | €286,932 | +€225,066 | +363.8% |
| Debt charges | 650 | €150 | €33,218 | +€33,068 | +22045.3% |
| Other financial charges | 652/9 | €61,716 | €253,714 | +€191,998 | +311.1% |
| Profit (loss) for the period before taxes | 9903 | €2,269,726 | €1,744,589 | -€525,137 | -23.1% |
| Income taxes | 67/77 | €580,689 | €448,525 | -€132,164 | -22.8% |
| Taxes | 670/3 | €580,689 | €448,525 | -€132,164 | -22.8% |
| Profit (loss) for the period | 9904 | €1,689,037 | €1,296,064 | -€392,973 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,689,037 | €1,296,064 | -€392,973 | -23.3% |
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 29 September 2026 via checked.be.