OSTEAM: 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.
OSTEAM
Largest movements
- Receivables within one year +€182,640
up €182,640 (+720%), from €25,356 to €207,996
of which Trade receivables: +€195,058
- Cash -€4,128
down €4,128 (-95.5%), from €4,323 to €195
mainly Receivables within one year (-€182,640) and Debts after one year (-€13,600)
- Trade debts +€129,162
up €129,162 (+2,287%), from €5,647 to €134,808
- Advances received +€66,823
new in 2025: €66,823
- Debts after one year -€13,600
down €13,600 (-24.0%), from €56,666 to €43,066
- Reserves -€10,395
down €10,395 (-10.5%), from €98,929 to €88,534
of which Distributable reserves: -€8,535
- Tax, wage and social debts +€3,613
up €3,613, from €0 to €3,613
- Gross operating margin -€40,453
down €40,453 (-99.6%), from €40,612 to €160
- Write-downs -€28,680
down €28,680, from €14,340 to -€14,340
- Other operating charges +€15,526
up €15,526 (+13,501%), from €115 to €15,641
- Taxes -€5,420
down €5,420 (-100%), from €5,420 to €0
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 | €183,186 | €359,788 | +€176,602 | +96.4% |
| Fixed assets | 21/28 | €153,447 | €151,365 | -€2,082 | -1.4% |
| Tangible fixed assets | 22/27 | €153,447 | €151,365 | -€2,082 | -1.4% |
| Land and buildings | 22 | €152,378 | €146,513 | -€5,865 | -3.8% |
| Plant, machinery and equipment | 23 | €1,069 | €2,058 | +€989 | +92.5% |
| Furniture and vehicles | 24 | €0 | €2,794 | +€2,794 | |
| Current assets | 29/58 | €29,739 | €208,423 | +€178,684 | +601% |
| Amounts receivable within one year | 40/41 | €25,356 | €207,996 | +€182,640 | +720% |
| Trade receivables | 40 | €12,843 | €207,901 | +€195,058 | +1,519% |
| Other amounts receivable | 41 | €12,513 | €95 | -€12,418 | -99.2% |
| Cash at bank and in hand | 54/58 | €4,323 | €195 | -€4,128 | -95.5% |
| Deferred charges and accrued income | 490/1 | €60 | €233 | +€173 | +286% |
| Total equity and liabilities | 10/49 | €183,186 | €359,788 | +€176,602 | +96.4% |
| Equity | 10/15 | €105,129 | €94,734 | -€10,395 | -9.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €98,929 | €88,534 | -€10,395 | -10.5% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €97,069 | €88,534 | -€8,535 | -8.8% |
| Amounts payable | 17/49 | €78,056 | €265,054 | +€186,998 | +240% |
| Amounts payable after more than one year | 17 | €56,666 | €43,066 | -€13,600 | -24.0% |
| Financial debts | 170/4 | €56,666 | €43,066 | -€13,600 | -24.0% |
| Amounts payable within one year | 42/48 | €21,390 | €221,988 | +€200,598 | +938% |
| Current portion of amounts payable after more than one year | 42 | €13,600 | €13,600 | = | 0.0% |
| Trade debts | 44 | €5,647 | €134,808 | +€129,162 | +2,287% |
| Suppliers | 440/4 | €5,647 | €134,808 | +€129,162 | +2,287% |
| Advances received on contracts in progress | 46 | - | €66,823 | +€66,823 | |
| Taxes, remuneration and social security | 45 | €0 | €3,613 | +€3,613 | |
| Taxes | 450/3 | €0 | €3,613 | +€3,613 | |
| Other amounts payable | 47/48 | €2,144 | €3,144 | +€1,000 | +46.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,788 | €6,877 | +€90 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,340 | -€14,340 | -€28,680 | |
| Other operating charges | 640/8 | €115 | €15,641 | +€15,526 | +13,501% |
| Gross operating margin | 9900 | €40,612 | €160 | -€40,453 | -99.6% |
| Operating profit (loss) | 9901 | €19,370 | -€8,019 | -€27,388 | |
| Financial income | 75/76B | €55 | €39 | -€15 | -27.8% |
| Recurring financial income | 75 | €55 | €39 | -€15 | -27.8% |
| Financial charges | 65/66B | €2,495 | €2,416 | -€78 | -3.1% |
| Recurring financial charges | 65 | €2,495 | €2,416 | -€78 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €16,930 | -€10,395 | -€27,325 | |
| Income taxes | 67/77 | €5,420 | €0 | -€5,420 | -100% |
| Profit (loss) for the period | 9904 | €11,510 | -€10,395 | -€21,905 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,510 | -€10,395 | -€21,905 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.