OSTENDIA CONSTRUCT: 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 CONSTRUCT
Largest movements
- Stocks and contracts +€4.9m
up €4.9m (+103.1%), from €4.8m to €9.7m
- Cash +€258,788
up €258,788 (+395.8%), from €65,389 to €324,176
mainly Short-term financial debts (+€4.1m) and Debts after one year (+€1.2m)
- Short-term financial debts +€4.1m
new in 2025: €4.1m
- Debts after one year +€1.2m
up €1.2m (+46.0%), from €2.5m to €3.7m
- Advances received +€312,999
up €312,999 (+13549.7%), from €2,310 to €315,309
- Profit (loss) carried forward -€189,854
down €189,854 (-13.5%), from €1.4m to €1.2m
- Trade debts -€139,005
down €139,005 (-23.3%), from €596,755 to €457,750
- Gross operating margin -€1.1m
down €1.1m, from €1.0m to -€49,191
- Taxes -€252,217
down €252,217 (-100.0%), from €252,217 to €0
- Financial charges +€94,873
up €94,873 (+359.4%), from €26,397 to €121,271
- Write-downs +€22,283
new in 2025: €22,283
- Financial income -€11,724
down €11,724 (-53.5%), from €21,910 to €10,186
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 | €5,046,402 | €10,232,026 | +€5.2m | +102.8% |
| Fixed assets | 21/28 | €140,016 | €141,382 | +€1,366 | +1.0% |
| Tangible fixed assets | 22/27 | €61,316 | €62,682 | +€1,366 | +2.2% |
| Land and buildings | 22 | €58,391 | €55,888 | -€2,502 | -4.3% |
| Plant, machinery and equipment | 23 | €227 | €0 | -€227 | -100.0% |
| Furniture and vehicles | 24 | €2,699 | €6,794 | +€4,095 | +151.7% |
| Financial fixed assets | 28 | €78,700 | €78,700 | = | 0.0% |
| Current assets | 29/58 | €4,906,385 | €10,090,644 | +€5.2m | +105.7% |
| Stocks and contracts in progress | 3 | €4,794,559 | €9,737,105 | +€4.9m | +103.1% |
| Contracts in progress | 37 | €4,794,559 | €9,737,105 | +€4.9m | +103.1% |
| Amounts receivable within one year | 40/41 | €46,438 | €29,363 | -€17,075 | -36.8% |
| Trade receivables | 40 | €31,543 | €26,764 | -€4,779 | -15.2% |
| Other amounts receivable | 41 | €14,894 | €2,598 | -€12,296 | -82.6% |
| Cash at bank and in hand | 54/58 | €65,389 | €324,176 | +€258,788 | +395.8% |
| Total equity and liabilities | 10/49 | €5,046,402 | €10,232,026 | +€5.2m | +102.8% |
| Equity | 10/15 | €1,850,120 | €1,660,266 | -€189,854 | -10.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €377,480 | €377,480 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €370,480 | €370,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,402,640 | €1,212,786 | -€189,854 | -13.5% |
| Amounts payable | 17/49 | €3,196,282 | €8,571,760 | +€5.4m | +168.2% |
| Amounts payable after more than one year | 17 | €2,500,000 | €3,650,453 | +€1.2m | +46.0% |
| Financial debts | 170/4 | €2,500,000 | €3,650,453 | +€1.2m | +46.0% |
| Amounts payable within one year | 42/48 | €696,282 | €4,915,365 | +€4.2m | +605.9% |
| Financial debts | 43 | - | €4,142,306 | +€4.1m | |
| Credit institutions | 430/8 | - | €4,142,306 | +€4.1m | |
| Trade debts | 44 | €596,755 | €457,750 | -€139,005 | -23.3% |
| Suppliers | 440/4 | €596,755 | €457,750 | -€139,005 | -23.3% |
| Advances received on contracts in progress | 46 | €2,310 | €315,309 | +€312,999 | +13549.7% |
| Taxes, remuneration and social security | 45 | €9,217 | €0 | -€9,217 | -100.0% |
| Taxes | 450/3 | €9,217 | €0 | -€9,217 | -100.0% |
| Other amounts payable | 47/48 | €88,000 | €0 | -€88,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €5,942 | +€5,942 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,786 | €3,868 | -€5,918 | -60.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €22,283 | +€22,283 | |
| Other operating charges | 640/8 | €6,851 | €3,427 | -€3,424 | -50.0% |
| Gross operating margin | 9900 | €1,045,110 | -€49,191 | -€1.1m | |
| Operating profit (loss) | 9901 | €1,028,474 | -€78,769 | -€1.1m | |
| Financial income | 75/76B | €21,910 | €10,186 | -€11,724 | -53.5% |
| Recurring financial income | 75 | €21,910 | €10,186 | -€11,724 | -53.5% |
| Financial charges | 65/66B | €26,397 | €121,271 | +€94,873 | +359.4% |
| Recurring financial charges | 65 | €26,397 | €121,271 | +€94,873 | +359.4% |
| Profit (loss) for the period before taxes | 9903 | €1,023,986 | -€189,854 | -€1.2m | |
| Income taxes | 67/77 | €252,217 | €0 | -€252,217 | -100.0% |
| Profit (loss) for the period | 9904 | €771,769 | -€189,854 | -€961,623 | |
| Transfer to tax-exempt reserves | 689 | €370,480 | €0 | -€370,480 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €401,289 | -€189,854 | -€591,143 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.