OSTEKINE: 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.
OSTEKINE
Largest movements
- Tangible fixed assets +€40,318
up €40,318 (+2008.7%), from €2,007 to €42,326
of which Plant, machinery and equipment: +€40,873
- Cash -€32,523
down €32,523 (-32.8%), from €99,210 to €66,687
mainly Investment in fixed assets (net) (-€44,240) and Receivables within one year (-€16,873)
- Receivables within one year +€16,873
up €16,873 (+243.2%), from €6,937 to €23,810
of which Other amounts receivable: +€9,653
- Deferred charges and accrued income -€5,576
down €5,576 (-70.7%), from €7,888 to €2,312
- Debts after one year +€16,160
new in 2025: €16,160
- Trade debts +€6,942
up €6,942 (+228.1%), from €3,043 to €9,985
- Profit (loss) carried forward -€3,422
down €3,422 (-6.2%), from €55,406 to €51,983
- Other debts -€2,822
down €2,822 (-19.9%), from €14,186 to €11,364
- Current portion of long-term debt +€2,611
up €2,611 (+148.8%), from €1,755 to €4,365
- Gross operating margin +€5,466
up €5,466, from -€1,124 to €4,342
- Other operating charges +€1,214
up €1,214 (+180.4%), from €673 to €1,887
- Depreciation +€486
up €486 (+14.1%), from €3,437 to €3,922
- Financial income +€425
up €425 (+143.8%), from €296 to €721
- Financial charges -€157
down €157 (-8.5%), from €1,842 to €1,685
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,041 | €198,135 | +€19,093 | +10.7% |
| Fixed assets | 21/28 | €65,007 | €105,326 | +€40,318 | +62.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,007 | €42,326 | +€40,318 | +2008.7% |
| Plant, machinery and equipment | 23 | €1,452 | €42,326 | +€40,873 | +2814.2% |
| Furniture and vehicles | 24 | €555 | €0 | -€555 | -100.0% |
| Financial fixed assets | 28 | €63,000 | €63,000 | = | 0.0% |
| Current assets | 29/58 | €114,034 | €92,809 | -€21,225 | -18.6% |
| Amounts receivable within one year | 40/41 | €6,937 | €23,810 | +€16,873 | +243.2% |
| Trade receivables | 40 | €1,663 | €8,883 | +€7,220 | +434.1% |
| Other amounts receivable | 41 | €5,274 | €14,927 | +€9,653 | +183.0% |
| Cash at bank and in hand | 54/58 | €99,210 | €66,687 | -€32,523 | -32.8% |
| Deferred charges and accrued income | 490/1 | €7,888 | €2,312 | -€5,576 | -70.7% |
| Total equity and liabilities | 10/49 | €179,041 | €198,135 | +€19,093 | +10.7% |
| Equity | 10/15 | €157,433 | €154,010 | -€3,422 | -2.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €89,627 | €89,627 | = | 0.0% |
| Distributable reserves | 133 | €89,627 | €89,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,406 | €51,983 | -€3,422 | -6.2% |
| Amounts payable | 17/49 | €21,609 | €44,124 | +€22,515 | +104.2% |
| Amounts payable after more than one year | 17 | - | €16,160 | +€16,160 | |
| Financial debts | 170/4 | - | €16,160 | +€16,160 | |
| Amounts payable within one year | 42/48 | €21,609 | €27,964 | +€6,355 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €1,755 | €4,365 | +€2,611 | +148.8% |
| Trade debts | 44 | €3,043 | €9,985 | +€6,942 | +228.1% |
| Suppliers | 440/4 | €3,043 | €9,985 | +€6,942 | +228.1% |
| Taxes, remuneration and social security | 45 | €2,625 | €2,250 | -€375 | -14.3% |
| Taxes | 450/3 | €2,625 | €2,250 | -€375 | -14.3% |
| Other amounts payable | 47/48 | €14,186 | €11,364 | -€2,822 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,437 | €3,922 | +€486 | +14.1% |
| Other operating charges | 640/8 | €673 | €1,887 | +€1,214 | +180.4% |
| Gross operating margin | 9900 | -€1,124 | €4,342 | +€5,466 | |
| Operating profit (loss) | 9901 | -€5,233 | -€1,466 | +€3,767 | +72.0% |
| Financial income | 75/76B | €296 | €721 | +€425 | +143.8% |
| Recurring financial income | 75 | €296 | €721 | +€425 | +143.8% |
| Financial charges | 65/66B | €1,842 | €1,685 | -€157 | -8.5% |
| Recurring financial charges | 65 | €1,842 | €1,685 | -€157 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,779 | -€2,430 | +€4,349 | +64.2% |
| Income taxes | 67/77 | €214 | €160 | -€55 | -25.5% |
| Profit (loss) for the period | 9904 | -€6,993 | -€2,589 | +€4,404 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,993 | -€2,589 | +€4,404 | +63.0% |
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 10 October 2026 via checked.be.