Osteokin Waas: what changed
Osteokin Waas
Largest movements
- Tangible fixed assets +€22,324
up €22,324 (+612%), from €3,649 to €25,973
of which Plant, machinery and equipment: +€21,620
- Intangible fixed assets -€21,400
down €21,400 (-11.4%), from €187,616 to €166,216
- Receivables within one year +€6,092
up €6,092 (+58.3%), from €10,454 to €16,546
of which Trade receivables: +€6,102
- Cash +€5,563
up €5,563 (+26.6%), from €20,914 to €26,477
mainly Depreciation (+€24,256) and Net result for the year (+€14,609)
- Debts after one year -€27,119
down €27,119 (-23.1%), from €117,250 to €90,132
- Profit (loss) carried forward +€14,609
new in 2025: €14,609
- Accrued charges and deferred income +€14,208
up €14,208 (+49.3%), from €28,829 to €43,037
- Current portion of long-term debt +€5,010
up €5,010 (+12.3%), from €40,773 to €45,782
- Trade debts +€3,822
up €3,822 (+916%), from €417 to €4,239
- Gross operating margin +€18,876
up €18,876 (+40.5%), from €46,621 to €65,497
- Other operating charges +€11,456
up €11,456 (+2,958%), from €387 to €11,844
- Depreciation +€2,230
up €2,230 (+10.1%), from €22,025 to €24,256
- Taxes +€2,005
up €2,005 (+40.7%), from €4,928 to €6,933
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,468 | €235,948 | +€12,480 | +5.6% |
| Fixed assets | 21/28 | €191,265 | €192,189 | +€924 | +0.5% |
| Intangible fixed assets | 21 | €187,616 | €166,216 | -€21,400 | -11.4% |
| Tangible fixed assets | 22/27 | €3,649 | €25,973 | +€22,324 | +612% |
| Plant, machinery and equipment | 23 | €382 | €22,001 | +€21,620 | +5,666% |
| Furniture and vehicles | 24 | - | €1,442 | +€1,442 | |
| Other tangible fixed assets | 26 | €3,267 | €2,530 | -€737 | -22.6% |
| Current assets | 29/58 | €32,203 | €43,758 | +€11,556 | +35.9% |
| Amounts receivable within one year | 40/41 | €10,454 | €16,546 | +€6,092 | +58.3% |
| Trade receivables | 40 | €9,184 | €15,286 | +€6,102 | +66.4% |
| Other amounts receivable | 41 | €1,270 | €1,260 | -€10 | -0.8% |
| Cash at bank and in hand | 54/58 | €20,914 | €26,477 | +€5,563 | +26.6% |
| Deferred charges and accrued income | 490/1 | €835 | €735 | -€100 | -11.9% |
| Total equity and liabilities | 10/49 | €223,468 | €235,948 | +€12,480 | +5.6% |
| Equity | 10/15 | €33,912 | €48,521 | +€14,609 | +43.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €23,912 | €23,912 | = | 0.0% |
| Distributable reserves | 133 | €23,912 | €23,912 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €14,609 | +€14,609 | |
| Amounts payable | 17/49 | €189,556 | €187,427 | -€2,129 | -1.1% |
| Amounts payable after more than one year | 17 | €117,250 | €90,132 | -€27,119 | -23.1% |
| Financial debts | 170/4 | €117,250 | €90,132 | -€27,119 | -23.1% |
| Amounts payable within one year | 42/48 | €43,477 | €54,259 | +€10,782 | +24.8% |
| Current portion of amounts payable after more than one year | 42 | €40,773 | €45,782 | +€5,010 | +12.3% |
| Financial debts | 43 | €1,587 | €1,604 | +€17 | +1.1% |
| Credit institutions | 430/8 | €1,587 | €1,604 | +€17 | +1.1% |
| Trade debts | 44 | €417 | €4,239 | +€3,822 | +916% |
| Suppliers | 440/4 | €417 | €4,239 | +€3,822 | +916% |
| Taxes, remuneration and social security | 45 | - | €1,933 | +€1,933 | |
| Taxes | 450/3 | - | €1,933 | +€1,933 | |
| Other amounts payable | 47/48 | €700 | €700 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €28,829 | €43,037 | +€14,208 | +49.3% |
| Non-recurring operating income | 76A | €3,781 | €0 | -€3,781 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,025 | €24,256 | +€2,230 | +10.1% |
| Other operating charges | 640/8 | €387 | €11,844 | +€11,456 | +2,958% |
| Non-recurring operating charges | 66A | - | €2,276 | +€2,276 | |
| Gross operating margin | 9900 | €46,621 | €65,497 | +€18,876 | +40.5% |
| Operating profit (loss) | 9901 | €24,209 | €27,121 | +€2,912 | +12.0% |
| Financial income | 75/76B | €1 | €0 | -€0 | -84.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -84.0% |
| Financial charges | 65/66B | €6,174 | €5,579 | -€595 | -9.6% |
| Recurring financial charges | 65 | €6,174 | €5,579 | -€595 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €18,035 | €21,542 | +€3,506 | +19.4% |
| Income taxes | 67/77 | €4,928 | €6,933 | +€2,005 | +40.7% |
| Profit (loss) for the period | 9904 | €13,107 | €14,609 | +€1,502 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,107 | €14,609 | +€1,502 | +11.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.