OSTIA: 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.
OSTIA
Largest movements
- Cash -€246,351
down €246,351 (-40.5%), from €608,427 to €362,076
mainly Net result for the year (-€184,409) and Current investments (-€102,000)
- Current investments +€102,000
up €102,000 (+58.3%), from €175,000 to €277,000
- Receivables within one year -€92,902
down €92,902 (-14.9%), from €625,020 to €532,118
of which Trade receivables: -€99,781
- Profit (loss) carried forward -€184,409
down €184,409 (-190.3%), from -€96,909 to -€281,318
- Other debts -€43,498
down €43,498 (-39.1%), from €111,320 to €67,822
- Gross operating margin -€78,442
down €78,442, from €71,488 to -€6,954
- Write-downs +€35,427
new in 2025: €35,427
- Depreciation +€31,056
up €31,056 (+46.3%), from €67,105 to €98,161
- Financial charges +€6,390
up €6,390 (+108.8%), from €5,874 to €12,264
- Financial income +€6,013
up €6,013 (+64.6%), from €9,304 to €15,317
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 | €3,762,685 | €3,515,259 | -€247,425 | -6.6% |
| Fixed assets | 21/28 | €2,309,106 | €2,290,813 | -€18,292 | -0.8% |
| Tangible fixed assets | 22/27 | €2,308,806 | €2,290,513 | -€18,292 | -0.8% |
| Plant, machinery and equipment | 23 | €8,629 | €6,285 | -€2,344 | -27.2% |
| Furniture and vehicles | 24 | €4,739 | €2,446 | -€2,293 | -48.4% |
| Other tangible fixed assets | 26 | €2,295,438 | €2,281,783 | -€13,655 | -0.6% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €1,453,579 | €1,224,446 | -€229,133 | -15.8% |
| Amounts receivable within one year | 40/41 | €625,020 | €532,118 | -€92,902 | -14.9% |
| Trade receivables | 40 | €99,781 | - | -€99,781 | |
| Other amounts receivable | 41 | €525,239 | €532,118 | +€6,879 | +1.3% |
| Current investments | 50/53 | €175,000 | €277,000 | +€102,000 | +58.3% |
| Cash at bank and in hand | 54/58 | €608,427 | €362,076 | -€246,351 | -40.5% |
| Deferred charges and accrued income | 490/1 | €45,132 | €53,253 | +€8,121 | +18.0% |
| Total equity and liabilities | 10/49 | €3,762,685 | €3,515,259 | -€247,425 | -6.6% |
| Equity | 10/15 | €3,289,383 | €3,104,973 | -€184,409 | -5.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,286,292 | €3,286,292 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €3,276,292 | €3,276,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,909 | -€281,318 | -€184,409 | -190.3% |
| Amounts payable | 17/49 | €473,302 | €410,286 | -€63,016 | -13.3% |
| Amounts payable after more than one year | 17 | €332,342 | €319,349 | -€12,993 | -3.9% |
| Financial debts | 170/4 | €332,342 | €319,349 | -€12,993 | -3.9% |
| Amounts payable within one year | 42/48 | €133,497 | €83,474 | -€50,023 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €12,553 | €12,993 | +€440 | +3.5% |
| Trade debts | 44 | €5,351 | €1,774 | -€3,577 | -66.8% |
| Suppliers | 440/4 | €5,351 | €1,774 | -€3,577 | -66.8% |
| Taxes, remuneration and social security | 45 | €4,273 | €885 | -€3,388 | -79.3% |
| Taxes | 450/3 | €4,273 | €885 | -€3,388 | -79.3% |
| Other amounts payable | 47/48 | €111,320 | €67,822 | -€43,498 | -39.1% |
| Accrued charges and deferred income | 492/3 | €7,463 | €7,463 | = | 0.0% |
| Non-recurring operating income | 76A | €348 | €3,090 | +€2,742 | +788.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,105 | €98,161 | +€31,056 | +46.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €35,427 | +€35,427 | |
| Other operating charges | 640/8 | €14,166 | €10,360 | -€3,806 | -26.9% |
| Non-recurring operating charges | 66A | - | €36,399 | +€36,399 | |
| Gross operating margin | 9900 | €71,488 | -€6,954 | -€78,442 | |
| Operating profit (loss) | 9901 | -€9,783 | -€187,301 | -€177,518 | -1814.6% |
| Financial income | 75/76B | €9,304 | €15,317 | +€6,013 | +64.6% |
| Recurring financial income | 75 | €9,304 | €15,317 | +€6,013 | +64.6% |
| Financial charges | 65/66B | €5,874 | €12,264 | +€6,390 | +108.8% |
| Recurring financial charges | 65 | €5,874 | €12,264 | +€6,390 | +108.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,353 | -€184,249 | -€177,896 | -2800.2% |
| Income taxes | 67/77 | €178 | €160 | -€18 | -10.2% |
| Profit (loss) for the period | 9904 | -€6,531 | -€184,409 | -€177,878 | -2723.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,531 | -€184,409 | -€177,878 | -2723.4% |
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 10 October 2026 via checked.be.