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
- Cash -€26,371
down €26,371 (-68.4%), from €38,546 to €12,175
mainly Receivables within one year (-€11,059) and Net result for the year (-€9,608)
- Receivables within one year +€11,059
up €11,059 (+13.0%), from €84,924 to €95,983
- Profit (loss) carried forward -€9,608
new in 2025: -€9,608
- Gross operating margin -€35,944
down €35,944 (-82.0%), from €43,861 to €7,917
- Depreciation -€10,043
down €10,043 (-41.2%), from €24,368 to €14,325
- Taxes -€5,079
down €5,079 (-100%), from €5,079 to €0
- Other operating charges +€2,334
up €2,334 (+98.6%), from €2,368 to €4,702
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 | €521,556 | €501,327 | -€20,229 | -3.9% |
| Fixed assets | 21/28 | €280,192 | €275,275 | -€4,917 | -1.8% |
| Tangible fixed assets | 22/27 | €279,192 | €274,275 | -€4,917 | -1.8% |
| Land and buildings | 22 | €279,192 | €274,275 | -€4,917 | -1.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €241,363 | €226,051 | -€15,312 | -6.3% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €84,924 | €95,983 | +€11,059 | +13.0% |
| Other amounts receivable | 41 | €84,924 | €95,983 | +€11,059 | +13.0% |
| Current investments | 50/53 | €57,893 | €57,893 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €38,546 | €12,175 | -€26,371 | -68.4% |
| Total equity and liabilities | 10/49 | €521,556 | €501,327 | -€20,229 | -3.9% |
| Equity | 10/15 | €506,136 | €496,528 | -€9,608 | -1.9% |
| Contributions | 10/11 | €5,261 | €5,261 | = | 0.0% |
| Reserves | 13 | €500,875 | €500,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,488 | €24,488 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,488 | €24,488 | = | 0.0% |
| Distributable reserves | 133 | €476,387 | €476,387 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,608 | -€9,608 | |
| Amounts payable | 17/49 | €15,420 | €4,799 | -€10,621 | -68.9% |
| Amounts payable after more than one year | 17 | €2,583 | €0 | -€2,583 | -100% |
| Financial debts | 170/4 | €2,583 | €0 | -€2,583 | -100% |
| Amounts payable within one year | 42/48 | €12,837 | €4,799 | -€8,038 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | €7,548 | €2,583 | -€4,965 | -65.8% |
| Financial debts | 43 | €1,597 | €1,137 | -€460 | -28.8% |
| Credit institutions | 430/8 | €1,597 | €1,137 | -€460 | -28.8% |
| Trade debts | 44 | €1,082 | €64 | -€1,017 | -94.0% |
| Suppliers | 440/4 | €1,082 | €64 | -€1,017 | -94.0% |
| Taxes, remuneration and social security | 45 | €79 | €0 | -€79 | -100% |
| Taxes | 450/3 | €79 | €0 | -€79 | -100% |
| Other amounts payable | 47/48 | €2,532 | €1,015 | -€1,517 | -59.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,368 | €14,325 | -€10,043 | -41.2% |
| Other operating charges | 640/8 | €2,368 | €4,702 | +€2,334 | +98.6% |
| Gross operating margin | 9900 | €43,861 | €7,917 | -€35,944 | -82.0% |
| Operating profit (loss) | 9901 | €17,125 | -€11,110 | -€28,235 | |
| Financial income | 75/76B | €1,800 | €1,862 | +€62 | +3.4% |
| Recurring financial income | 75 | €1,800 | €1,862 | +€62 | +3.4% |
| Financial charges | 65/66B | €148 | €360 | +€211 | +143% |
| Recurring financial charges | 65 | €148 | €360 | +€211 | +143% |
| Profit (loss) for the period before taxes | 9903 | €18,777 | -€9,608 | -€28,385 | |
| Income taxes | 67/77 | €5,079 | €0 | -€5,079 | -100% |
| Profit (loss) for the period | 9904 | €13,698 | -€9,608 | -€23,306 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,698 | -€9,608 | -€23,306 |
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 14 October 2026 via checked.be.