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OSTEFIT: 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

OSTEFIT

BE 0822.325.121
NACE 86.951, Physiotherapy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28,804
2024 · €31,816-€3,012
Equity
€210,532
2024 · €181,728+€28,804
Cash
€0
2024 · €13,692-€13,692
Balance sheet total
€357,481
2024 · €357,927-€446

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€32,926

    up €32,926 (+17.4%), from €189,271 to €222,196

    of which Other amounts receivable: +€39,347

  • Tangible fixed assets -€19,235

    down €19,235 (-12.5%), from €153,546 to €134,310

    of which Land and buildings: -€12,838

  • Cash -€13,692

    down €13,692 (-100.0%), from €13,692 to €0

    mainly Receivables within one year (-€32,926) and Debts after one year (-€19,460)

Equity and liabilities
  • Reserves +€28,000

    up €28,000 (+16.2%), from €172,500 to €200,500

    of which Distributable reserves: +€59,000

  • Debts after one year -€19,460

    down €19,460 (-16.4%), from €118,740 to €99,280

  • Tax, wage and social debts -€9,526

    down €9,526 (-30.5%), from €31,224 to €21,698

Income statement
  • Gross operating margin -€23,940

    down €23,940 (-38.5%), from €62,259 to €38,319

  • Taxes -€14,446

    down €14,446 (-79.9%), from €18,072 to €3,626

  • Financial income +€4,066

    up €4,066 (+29.4%), from €13,805 to €17,871

  • Financial charges -€1,713

    down €1,713 (-31.6%), from €5,418 to €3,705

    of which Financial charges: -€1,561

  • Depreciation -€708

    down €708 (-3.5%), from €19,943 to €19,235

From the 2024 result to the 2025 result

effect on the 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 €31,816
Gross operating margin -€23,940
Depreciation +€708
Other operating charges -€4
Financial income +€4,066
Financial charges +€1,713
Taxes +€14,446
Result 2025 €28,804

Cash bridge derived

cash 2024 to 2025

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 +€4,737
Investment +€0
Financing -€18,430
Cash 2024 €13,692
Net result for the year +€28,804
Depreciation +€19,235
Receivables within one year -€32,926
Deferred charges and accrued income +€445
Trade debts -€1,295
Tax, wage and social debts -€9,526
Investment in fixed assets (net) +€0
Debts after one year -€19,460
Current portion of long-term debt -€785
Short-term financial debts +€1,815
Cash 2025 €0
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €357,927 €357,481 -€446 -0.1%
Fixed assets 21/28 €153,636 €134,400 -€19,235 -12.5%
Tangible fixed assets 22/27 €153,546 €134,310 -€19,235 -12.5%
Land and buildings 22 €143,266 €130,429 -€12,838 -9.0%
Furniture and vehicles 24 €7,774 €3,158 -€4,616 -59.4%
Other tangible fixed assets 26 €2,505 €723 -€1,782 -71.1%
Financial fixed assets 28 €90 €90 = 0.0%
Current assets 29/58 €204,291 €223,080 +€18,789 +9.2%
Amounts receivable within one year 40/41 €189,271 €222,196 +€32,926 +17.4%
Trade receivables 40 €6,421 - -€6,421
Other amounts receivable 41 €182,850 €222,196 +€39,347 +21.5%
Cash at bank and in hand 54/58 €13,692 €0 -€13,692 -100.0%
Deferred charges and accrued income 490/1 €1,328 €884 -€445 -33.5%
Total equity and liabilities 10/49 €357,927 €357,481 -€446 -0.1%
Equity 10/15 €181,728 €210,532 +€28,804 +15.8%
Contributions 10/11 €8,060 €8,060 = 0.0%
Reserves 13 €172,500 €200,500 +€28,000 +16.2%
Non-distributable reserves 130/1 €31,000 - -€31,000
Reserves not available under the articles 1311 €31,000 - -€31,000
Distributable reserves 133 €141,500 €200,500 +€59,000 +41.7%
Profit (loss) carried forward 14 €1,168 €1,972 +€804 +68.8%
Amounts payable 17/49 €176,199 €146,949 -€29,250 -16.6%
Amounts payable after more than one year 17 €118,740 €99,280 -€19,460 -16.4%
Financial debts 170/4 €118,740 €99,280 -€19,460 -16.4%
Amounts payable within one year 42/48 €57,460 €47,669 -€9,791 -17.0%
Current portion of amounts payable after more than one year 42 €20,244 €19,460 -€785 -3.9%
Financial debts 43 - €1,815 +€1,815
Credit institutions 430/8 - €1,815 +€1,815
Trade debts 44 €5,991 €4,697 -€1,295 -21.6%
Suppliers 440/4 €5,991 €4,697 -€1,295 -21.6%
Taxes, remuneration and social security 45 €31,224 €21,698 -€9,526 -30.5%
Taxes 450/3 €31,224 €21,698 -€9,526 -30.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €19,943 €19,235 -€708 -3.5%
Other operating charges 640/8 €815 €820 +€4 +0.5%
Gross operating margin 9900 €62,259 €38,319 -€23,940 -38.5%
Operating profit (loss) 9901 €41,500 €18,264 -€23,236 -56.0%
Financial income 75/76B €13,805 €17,871 +€4,066 +29.4%
Recurring financial income 75 €13,805 €17,871 +€4,066 +29.4%
Financial charges 65/66B €5,418 €3,705 -€1,713 -31.6%
Recurring financial charges 65 €5,266 €3,705 -€1,561 -29.6%
Non-recurring financial charges 66B €152 - -€152
Profit (loss) for the period before taxes 9903 €49,888 €32,430 -€17,458 -35.0%
Income taxes 67/77 €18,072 €3,626 -€14,446 -79.9%
Profit (loss) for the period 9904 €31,816 €28,804 -€3,012 -9.5%
Profit (loss) for the period to be appropriated 9905 €31,816 €28,804 -€3,012 -9.5%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.