OSTENDIA: 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.
OSTENDIA
Largest movements
- Cash +€128,884
up €128,884 (+169.0%), from €76,259 to €205,143
mainly Net result for the year (+€168,144) and Depreciation (+€410)
- Deferred charges and accrued income +€5,740
up €5,740 (+21.0%), from €27,381 to €33,121
- Tangible fixed assets +€2,602
new in 2025: €2,602
- Reserves +€168,144
up €168,144 (+334.1%), from €50,332 to €218,476
- Tax, wage and social debts -€16,912
down €16,912 (-75.2%), from €22,490 to €5,578
- Other debts -€14,006
down €14,006 (-49.5%), from €28,318 to €14,312
- Gross operating margin +€154,968
up €154,968 (+228.3%), from €67,885 to €222,852
- Taxes +€39,361
up €39,361 (+289.6%), from €13,590 to €52,951
- Other operating charges -€2,659
down €2,659 (-67.1%), from €3,963 to €1,304
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 | €103,640 | €240,866 | +€137,226 | +132.4% |
| Fixed assets | 21/28 | - | €2,602 | +€2,602 | |
| Tangible fixed assets | 22/27 | - | €2,602 | +€2,602 | |
| Furniture and vehicles | 24 | - | €2,602 | +€2,602 | |
| Current assets | 29/58 | €103,640 | €238,264 | +€134,624 | +129.9% |
| Cash at bank and in hand | 54/58 | €76,259 | €205,143 | +€128,884 | +169.0% |
| Deferred charges and accrued income | 490/1 | €27,381 | €33,121 | +€5,740 | +21.0% |
| Total equity and liabilities | 10/49 | €103,640 | €240,866 | +€137,226 | +132.4% |
| Equity | 10/15 | €52,832 | €220,976 | +€168,144 | +318.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €50,332 | €218,476 | +€168,144 | +334.1% |
| Distributable reserves | 133 | €50,332 | €218,476 | +€168,144 | +334.1% |
| Amounts payable | 17/49 | €50,809 | €19,891 | -€30,918 | -60.9% |
| Amounts payable within one year | 42/48 | €50,809 | €19,891 | -€30,918 | -60.9% |
| Taxes, remuneration and social security | 45 | €22,490 | €5,578 | -€16,912 | -75.2% |
| Taxes | 450/3 | €22,490 | €5,578 | -€16,912 | -75.2% |
| Other amounts payable | 47/48 | €28,318 | €14,312 | -€14,006 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €410 | +€410 | |
| Other operating charges | 640/8 | €3,963 | €1,304 | -€2,659 | -67.1% |
| Gross operating margin | 9900 | €67,885 | €222,852 | +€154,968 | +228.3% |
| Operating profit (loss) | 9901 | €63,922 | €221,139 | +€157,217 | +246.0% |
| Financial charges | 65/66B | - | €44 | +€44 | |
| Recurring financial charges | 65 | - | €44 | +€44 | |
| Profit (loss) for the period before taxes | 9903 | €63,922 | €221,095 | +€157,173 | +245.9% |
| Income taxes | 67/77 | €13,590 | €52,951 | +€39,361 | +289.6% |
| Profit (loss) for the period | 9904 | €50,332 | €168,144 | +€117,812 | +234.1% |
| Profit (loss) for the period to be appropriated | 9905 | €50,332 | €168,144 | +€117,812 | +234.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.