OSTEO: 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.
OSTEO
Largest movements
- Tangible fixed assets -€11,578
down €11,578 (-3.5%), from €326,441 to €314,863
of which Land and buildings: -€9,841
- Debts after one year -€25,819
down €25,819 (-45.2%), from €57,094 to €31,275
- Reserves +€15,881
up €15,881 (+13.8%), from €115,075 to €130,956
- Other debts +€6,428
up €6,428 (+10.3%), from €62,659 to €69,087
- Accrued charges and deferred income -€4,127
down €4,127 (-66.3%), from €6,225 to €2,097
- Gross operating margin -€3,236
down €3,236 (-5.7%), from €57,242 to €54,007
- Depreciation +€2,266
up €2,266 (+13.2%), from €17,132 to €19,398
- Financial charges -€1,723
down €1,723 (-17.6%), from €9,767 to €8,044
- Other operating charges +€1,191
up €1,191 (+80.5%), from €1,480 to €2,671
- Taxes +€573
up €573 (+7.7%), from €7,457 to €8,030
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 | €340,923 | €331,959 | -€8,965 | -2.6% |
| Fixed assets | 21/28 | €326,441 | €314,863 | -€11,578 | -3.5% |
| Tangible fixed assets | 22/27 | €326,441 | €314,863 | -€11,578 | -3.5% |
| Land and buildings | 22 | €290,237 | €280,396 | -€9,841 | -3.4% |
| Plant, machinery and equipment | 23 | €64 | €7,475 | +€7,411 | +11588.6% |
| Furniture and vehicles | 24 | €36,140 | €26,992 | -€9,148 | -25.3% |
| Current assets | 29/58 | €14,482 | €17,096 | +€2,614 | +18.0% |
| Amounts receivable within one year | 40/41 | €2,646 | €2,231 | -€415 | -15.7% |
| Trade receivables | 40 | €457 | €1,756 | +€1,299 | +284.2% |
| Other amounts receivable | 41 | €2,189 | €475 | -€1,714 | -78.3% |
| Cash at bank and in hand | 54/58 | €8,336 | €9,211 | +€875 | +10.5% |
| Deferred charges and accrued income | 490/1 | €3,500 | €5,655 | +€2,154 | +61.5% |
| Total equity and liabilities | 10/49 | €340,923 | €331,959 | -€8,965 | -2.6% |
| Equity | 10/15 | €179,075 | €194,956 | +€15,881 | +8.9% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €115,075 | €130,956 | +€15,881 | +13.8% |
| Distributable reserves | 133 | €115,075 | €130,956 | +€15,881 | +13.8% |
| Amounts payable | 17/49 | €161,848 | €137,003 | -€24,845 | -15.4% |
| Amounts payable after more than one year | 17 | €57,094 | €31,275 | -€25,819 | -45.2% |
| Financial debts | 170/4 | €57,094 | €31,275 | -€25,819 | -45.2% |
| Amounts payable within one year | 42/48 | €98,530 | €103,631 | +€5,101 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €28,462 | €30,674 | +€2,211 | +7.8% |
| Financial debts | 43 | €2,371 | €2,362 | -€9 | -0.4% |
| Credit institutions | 430/8 | €2,371 | - | -€2,371 | |
| Other loans | 439 | - | €2,362 | +€2,362 | |
| Trade debts | 44 | €662 | €143 | -€520 | -78.5% |
| Suppliers | 440/4 | €662 | €143 | -€520 | -78.5% |
| Taxes, remuneration and social security | 45 | €4,376 | €1,365 | -€3,011 | -68.8% |
| Taxes | 450/3 | €4,376 | €1,365 | -€3,011 | -68.8% |
| Other amounts payable | 47/48 | €62,659 | €69,087 | +€6,428 | +10.3% |
| Accrued charges and deferred income | 492/3 | €6,225 | €2,097 | -€4,127 | -66.3% |
| Non-recurring operating income | 76A | €8,400 | €0 | -€8,400 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,132 | €19,398 | +€2,266 | +13.2% |
| Other operating charges | 640/8 | €1,480 | €2,671 | +€1,191 | +80.5% |
| Gross operating margin | 9900 | €57,242 | €54,007 | -€3,236 | -5.7% |
| Operating profit (loss) | 9901 | €38,630 | €31,938 | -€6,693 | -17.3% |
| Financial income | 75/76B | €102 | €18 | -€85 | -82.8% |
| Recurring financial income | 75 | €102 | €18 | -€85 | -82.8% |
| Financial charges | 65/66B | €9,767 | €8,044 | -€1,723 | -17.6% |
| Recurring financial charges | 65 | €9,767 | €8,044 | -€1,723 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €28,965 | €23,911 | -€5,054 | -17.4% |
| Income taxes | 67/77 | €7,457 | €8,030 | +€573 | +7.7% |
| Profit (loss) for the period | 9904 | €21,508 | €15,881 | -€5,627 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,508 | €15,881 | -€5,627 | -26.2% |
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 11 October 2026 via checked.be.