OSTEON: 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.
OSTEON
Largest movements
- Receivables within one year -€70,397
down €70,397 (-79.8%), from €88,183 to €17,786
of which Trade receivables: -€72,717
- Tangible fixed assets -€64,464
down €64,464 (-2.9%), from €2.2m to €2.2m
of which Land and buildings: -€105,005
- Reserves -€100,000
down €100,000 (-4.3%), from €2.3m to €2.2m
of which Distributable reserves: -€100,000
- Debts after one year -€50,923
down €50,923 (-34.1%), from €149,323 to €98,400
- Profit (loss) carried forward +€33,216
new in 2025: €33,216
- Gross operating margin -€82,188
down €82,188 (-41.4%), from €198,611 to €116,423
- Other operating charges +€18,207
up €18,207 (+70.8%), from €25,708 to €43,915
- Depreciation +€8,454
up €8,454 (+6.5%), from €129,860 to €138,314
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 | €2,806,021 | €2,701,072 | -€104,949 | -3.7% |
| Fixed assets | 21/28 | €2,218,847 | €2,154,383 | -€64,464 | -2.9% |
| Tangible fixed assets | 22/27 | €2,218,847 | €2,154,383 | -€64,464 | -2.9% |
| Land and buildings | 22 | €2,128,665 | €2,023,660 | -€105,005 | -4.9% |
| Plant, machinery and equipment | 23 | €82,151 | €127,583 | +€45,432 | +55.3% |
| Furniture and vehicles | 24 | €8,031 | €3,140 | -€4,891 | -60.9% |
| Current assets | 29/58 | €587,174 | €546,689 | -€40,485 | -6.9% |
| Stocks and contracts in progress | 3 | €32,558 | €34,388 | +€1,830 | +5.6% |
| Stocks | 30/36 | €32,558 | €34,388 | +€1,830 | +5.6% |
| Amounts receivable within one year | 40/41 | €88,183 | €17,786 | -€70,397 | -79.8% |
| Trade receivables | 40 | €82,617 | €9,900 | -€72,717 | -88.0% |
| Other amounts receivable | 41 | €5,566 | €7,886 | +€2,320 | +41.7% |
| Current investments | 50/53 | €134,918 | €134,919 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €329,562 | €357,595 | +€28,033 | +8.5% |
| Deferred charges and accrued income | 490/1 | €1,953 | €2,001 | +€48 | +2.5% |
| Total equity and liabilities | 10/49 | €2,806,021 | €2,701,072 | -€104,949 | -3.7% |
| Equity | 10/15 | €2,501,061 | €2,434,277 | -€66,784 | -2.7% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €2,326,061 | €2,226,061 | -€100,000 | -4.3% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,426 | €23,426 | = | 0.0% |
| Distributable reserves | 133 | €2,285,135 | €2,185,135 | -€100,000 | -4.4% |
| Profit (loss) carried forward | 14 | - | €33,216 | +€33,216 | |
| Amounts payable | 17/49 | €304,960 | €266,795 | -€38,165 | -12.5% |
| Amounts payable after more than one year | 17 | €149,323 | €98,400 | -€50,923 | -34.1% |
| Financial debts | 170/4 | €149,323 | €98,400 | -€50,923 | -34.1% |
| Amounts payable within one year | 42/48 | €155,637 | €168,395 | +€12,758 | +8.2% |
| Trade debts | 44 | €149,624 | €168,180 | +€18,556 | +12.4% |
| Suppliers | 440/4 | €149,624 | €168,180 | +€18,556 | +12.4% |
| Taxes, remuneration and social security | 45 | €6,013 | €215 | -€5,798 | -96.4% |
| Taxes | 450/3 | €6,013 | €215 | -€5,798 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,860 | €138,314 | +€8,454 | +6.5% |
| Other operating charges | 640/8 | €25,708 | €43,915 | +€18,207 | +70.8% |
| Gross operating margin | 9900 | €198,611 | €116,423 | -€82,188 | -41.4% |
| Operating profit (loss) | 9901 | €43,043 | -€65,806 | -€108,849 | |
| Financial income | 75/76B | €782 | €41 | -€741 | -94.8% |
| Recurring financial income | 75 | €782 | €41 | -€741 | -94.8% |
| Financial charges | 65/66B | €1,393 | €806 | -€587 | -42.1% |
| Recurring financial charges | 65 | €1,393 | €806 | -€587 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €42,432 | -€66,571 | -€109,003 | |
| Income taxes | 67/77 | €190 | €213 | +€23 | +12.1% |
| Profit (loss) for the period | 9904 | €42,242 | -€66,784 | -€109,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,242 | -€66,784 | -€109,026 |
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.