OSTEC: 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.
OSTEC
Largest movements
- Cash -€93,279
down €93,279 (-81.9%), from €113,939 to €20,661
mainly Deferred charges and accrued income (-€41,261) and Net result for the year (-€35,541)
- Deferred charges and accrued income +€41,261
up €41,261 (+2,669%), from €1,546 to €42,807
- Tangible fixed assets -€8,862
down €8,862 (-20.8%), from €42,532 to €33,671
- Profit (loss) carried forward -€35,541
down €35,541 (-96.6%), from €36,794 to €1,253
- Tax, wage and social debts -€26,711
down €26,711 (-99.4%), from €26,881 to €170
of which Taxes: -€16,711
- Gross operating margin -€103,669
down €103,669, from €78,283 to -€25,386
- Taxes -€13,740
down €13,740 (-98.8%), from €13,911 to €170
- Depreciation +€5,314
up €5,314 (+126%), from €4,208 to €9,522
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 | €158,748 | €97,777 | -€60,971 | -38.4% |
| Fixed assets | 21/28 | €42,924 | €34,063 | -€8,862 | -20.6% |
| Tangible fixed assets | 22/27 | €42,532 | €33,671 | -€8,862 | -20.8% |
| Furniture and vehicles | 24 | €42,532 | €33,671 | -€8,862 | -20.8% |
| Financial fixed assets | 28 | €392 | €392 | = | 0.0% |
| Current assets | 29/58 | €115,824 | €63,715 | -€52,109 | -45.0% |
| Amounts receivable within one year | 40/41 | €339 | €247 | -€92 | -27.1% |
| Trade receivables | 40 | €339 | - | -€339 | |
| Other amounts receivable | 41 | - | €247 | +€247 | |
| Cash at bank and in hand | 54/58 | €113,939 | €20,661 | -€93,279 | -81.9% |
| Deferred charges and accrued income | 490/1 | €1,546 | €42,807 | +€41,261 | +2,669% |
| Total equity and liabilities | 10/49 | €158,748 | €97,777 | -€60,971 | -38.4% |
| Equity | 10/15 | €71,768 | €36,227 | -€35,541 | -49.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,374 | €16,374 | = | 0.0% |
| Distributable reserves | 133 | €16,374 | €16,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,794 | €1,253 | -€35,541 | -96.6% |
| Amounts payable | 17/49 | €86,980 | €61,550 | -€25,430 | -29.2% |
| Amounts payable within one year | 42/48 | €86,980 | €61,550 | -€25,430 | -29.2% |
| Trade debts | 44 | €1,839 | €1,987 | +€148 | +8.0% |
| Suppliers | 440/4 | €1,839 | €1,987 | +€148 | +8.0% |
| Taxes, remuneration and social security | 45 | €26,881 | €170 | -€26,711 | -99.4% |
| Taxes | 450/3 | €16,881 | €170 | -€16,711 | -99.0% |
| Remuneration and social security | 454/9 | €10,000 | - | -€10,000 | |
| Other amounts payable | 47/48 | €58,259 | €59,393 | +€1,134 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,208 | €9,522 | +€5,314 | +126% |
| Other operating charges | 640/8 | €533 | €270 | -€263 | -49.4% |
| Gross operating margin | 9900 | €78,283 | -€25,386 | -€103,669 | |
| Operating profit (loss) | 9901 | €73,542 | -€35,177 | -€108,719 | |
| Financial charges | 65/66B | €63 | €194 | +€130 | +206% |
| Recurring financial charges | 65 | €63 | €194 | +€130 | +206% |
| Profit (loss) for the period before taxes | 9903 | €73,479 | -€35,371 | -€108,849 | |
| Income taxes | 67/77 | €13,911 | €170 | -€13,740 | -98.8% |
| Profit (loss) for the period | 9904 | €59,568 | -€35,541 | -€95,109 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,568 | -€35,541 | -€95,109 |
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.