OsteoVM: 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.
OsteoVM
Largest movements
- Cash -€25,140
down €25,140 (-12.6%), from €199,799 to €174,658
mainly Contributions, distributions and other (-€52,571) and Tax, wage and social debts (-€13,371)
- Receivables within one year +€8,263
up €8,263 (+35940.0%), from €23 to €8,286
of which Other amounts receivable: +€6,558
- Stocks and contracts +€5,396
new in 2025: €5,396
- Tangible fixed assets -€2,257
down €2,257 (-22.2%), from €10,146 to €7,889
- Reserves -€47,836
down €47,836 (-46.4%), from €103,151 to €55,315
- Other debts +€21,589
up €21,589 (+39.2%), from €55,017 to €76,605
- Accrued charges and deferred income +€13,817
up €13,817 (+44.7%), from €30,942 to €44,759
- Tax, wage and social debts -€13,371
down €13,371 (-74.9%), from €17,847 to €4,476
of which Taxes: -€15,921
- Trade debts +€11,179
up €11,179 (+800.4%), from €1,397 to €12,576
of which Suppliers: +€11,088
- Gross operating margin -€18,451
down €18,451 (-56.2%), from €32,804 to €14,352
- Taxes -€5,922
down €5,922 (-65.6%), from €9,030 to €3,108
- Depreciation +€903
up €903 (+24.4%), from €3,693 to €4,596
- Other operating charges -€647
down €647 (-40.1%), from €1,613 to €966
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 | €211,354 | €197,663 | -€13,691 | -6.5% |
| Fixed assets | 21/28 | €10,146 | €7,889 | -€2,257 | -22.2% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -50.0% |
| Tangible fixed assets | 22/27 | €10,146 | €7,889 | -€2,257 | -22.2% |
| Furniture and vehicles | 24 | €10,146 | €7,889 | -€2,257 | -22.2% |
| Current assets | 29/58 | €201,208 | €189,774 | -€11,434 | -5.7% |
| Stocks and contracts in progress | 3 | - | €5,396 | +€5,396 | |
| Stocks | 30/36 | - | €5,396 | +€5,396 | |
| Amounts receivable within one year | 40/41 | €23 | €8,286 | +€8,263 | +35940.0% |
| Trade receivables | 40 | €23 | €1,728 | +€1,705 | +7415.8% |
| Other amounts receivable | 41 | - | €6,558 | +€6,558 | |
| Cash at bank and in hand | 54/58 | €199,799 | €174,658 | -€25,140 | -12.6% |
| Deferred charges and accrued income | 490/1 | €1,386 | €1,434 | +€48 | +3.4% |
| Total equity and liabilities | 10/49 | €211,354 | €197,663 | -€13,691 | -6.5% |
| Equity | 10/15 | €106,151 | €58,315 | -€47,836 | -45.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €103,151 | €55,315 | -€47,836 | -46.4% |
| Distributable reserves | 133 | €103,151 | €55,315 | -€47,836 | -46.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €105,202 | €139,347 | +€34,145 | +32.5% |
| Amounts payable within one year | 42/48 | €74,260 | €94,588 | +€20,328 | +27.4% |
| Financial debts | 43 | - | €932 | +€932 | |
| Credit institutions | 430/8 | - | €932 | +€932 | |
| Trade debts | 44 | €1,397 | €12,576 | +€11,179 | +800.4% |
| Suppliers | 440/4 | €1,397 | €12,485 | +€11,088 | +793.9% |
| Bills of exchange payable | 441 | €0 | €91 | +€91 | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €17,847 | €4,476 | -€13,371 | -74.9% |
| Taxes | 450/3 | €17,847 | €1,926 | -€15,921 | -89.2% |
| Remuneration and social security | 454/9 | €0 | €2,550 | +€2,550 | |
| Other amounts payable | 47/48 | €55,017 | €76,605 | +€21,589 | +39.2% |
| Accrued charges and deferred income | 492/3 | €30,942 | €44,759 | +€13,817 | +44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,693 | €4,596 | +€903 | +24.4% |
| Other operating charges | 640/8 | €1,613 | €966 | -€647 | -40.1% |
| Non-recurring operating charges | 66A | €149 | €222 | +€72 | +48.3% |
| Gross operating margin | 9900 | €32,804 | €14,352 | -€18,451 | -56.2% |
| Operating profit (loss) | 9901 | €27,348 | €8,569 | -€18,779 | -68.7% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €648 | €737 | +€89 | +13.8% |
| Recurring financial charges | 65 | €648 | €737 | +€89 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €26,701 | €7,843 | -€18,857 | -70.6% |
| Income taxes | 67/77 | €9,030 | €3,108 | -€5,922 | -65.6% |
| Profit (loss) for the period | 9904 | €17,671 | €4,735 | -€12,935 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,671 | €4,735 | -€12,935 | -73.2% |
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.