OSTINOX: 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.
OSTINOX
Largest movements
- Receivables within one year +€60,083
up €60,083 (+30.6%), from €196,562 to €256,645
of which Trade receivables: +€64,145
- Stocks and contracts -€42,539
down €42,539 (-22.7%), from €187,483 to €144,944
- Cash -€19,893
down €19,893 (-55.4%), from €35,912 to €16,019
mainly Investment in fixed assets (net) (-€105,354) and Receivables within one year (-€60,083)
- Tangible fixed assets +€11,946
up €11,946 (+3.8%), from €316,644 to €328,589
of which Other tangible fixed assets: +€18,564
- Reserves +€46,559
up €46,559 (+16.1%), from €289,519 to €336,078
- Trade debts -€41,057
down €41,057 (-32.4%), from €126,631 to €85,573
- Tax, wage and social debts +€36,761
up €36,761 (+117.4%), from €31,313 to €68,074
of which Taxes: +€28,036
- Debts after one year -€32,990
down €32,990 (-15.4%), from €214,663 to €181,673
- Gross operating margin +€77,707
up €77,707 (+15.5%), from €501,278 to €578,985
- Staff costs +€59,748
up €59,748 (+17.1%), from €350,173 to €409,922
- Depreciation +€45,161
up €45,161 (+92.7%), from €48,733 to €93,894
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 | €738,769 | €754,982 | +€16,214 | +2.2% |
| Fixed assets | 21/28 | €318,811 | €330,271 | +€11,460 | +3.6% |
| Intangible fixed assets | 21 | €2,167 | €1,681 | -€486 | -22.4% |
| Tangible fixed assets | 22/27 | €316,644 | €328,589 | +€11,946 | +3.8% |
| Plant, machinery and equipment | 23 | €142,448 | €135,946 | -€6,501 | -4.6% |
| Furniture and vehicles | 24 | €52,882 | €40,382 | -€12,500 | -23.6% |
| Leasing and similar rights | 25 | €121,314 | €133,698 | +€12,384 | +10.2% |
| Other tangible fixed assets | 26 | - | €18,564 | +€18,564 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €419,958 | €424,712 | +€4,754 | +1.1% |
| Stocks and contracts in progress | 3 | €187,483 | €144,944 | -€42,539 | -22.7% |
| Stocks | 30/36 | €187,483 | €144,944 | -€42,539 | -22.7% |
| Amounts receivable within one year | 40/41 | €196,562 | €256,645 | +€60,083 | +30.6% |
| Trade receivables | 40 | €189,538 | €253,683 | +€64,145 | +33.8% |
| Other amounts receivable | 41 | €7,024 | €2,963 | -€4,062 | -57.8% |
| Cash at bank and in hand | 54/58 | €35,912 | €16,019 | -€19,893 | -55.4% |
| Deferred charges and accrued income | 490/1 | €0 | €7,103 | +€7,103 | |
| Total equity and liabilities | 10/49 | €738,769 | €754,982 | +€16,214 | +2.2% |
| Equity | 10/15 | €294,824 | €341,383 | +€46,559 | +15.8% |
| Contributions | 10/11 | €5,305 | €5,305 | = | 0.0% |
| Reserves | 13 | €289,519 | €336,078 | +€46,559 | +16.1% |
| Distributable reserves | 133 | €289,519 | €336,078 | +€46,559 | +16.1% |
| Amounts payable | 17/49 | €443,945 | €413,599 | -€30,345 | -6.8% |
| Amounts payable after more than one year | 17 | €214,663 | €181,673 | -€32,990 | -15.4% |
| Financial debts | 170/4 | €214,663 | €181,673 | -€32,990 | -15.4% |
| Amounts payable within one year | 42/48 | €229,281 | €231,926 | +€2,644 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €70,578 | €75,929 | +€5,351 | +7.6% |
| Financial debts | 43 | €0 | €1,072 | +€1,072 | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €0 | €1,072 | +€1,072 | |
| Trade debts | 44 | €126,631 | €85,573 | -€41,057 | -32.4% |
| Suppliers | 440/4 | €126,631 | €85,573 | -€41,057 | -32.4% |
| Taxes, remuneration and social security | 45 | €31,313 | €68,074 | +€36,761 | +117.4% |
| Taxes | 450/3 | €9,982 | €38,019 | +€28,036 | +280.9% |
| Remuneration and social security | 454/9 | €21,331 | €30,056 | +€8,725 | +40.9% |
| Other amounts payable | 47/48 | €760 | €1,277 | +€517 | +68.1% |
| Non-recurring operating income | 76A | €732 | €732 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €350,173 | €409,922 | +€59,748 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,733 | €93,894 | +€45,161 | +92.7% |
| Other operating charges | 640/8 | €1,228 | €1,299 | +€70 | +5.7% |
| Gross operating margin | 9900 | €501,278 | €578,985 | +€77,707 | +15.5% |
| Operating profit (loss) | 9901 | €101,143 | €73,871 | -€27,272 | -27.0% |
| Financial income | 75/76B | €283 | €42 | -€241 | -85.1% |
| Recurring financial income | 75 | €283 | €42 | -€241 | -85.1% |
| Financial charges | 65/66B | €9,356 | €12,816 | +€3,461 | +37.0% |
| Recurring financial charges | 65 | €9,356 | €12,816 | +€3,461 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €92,070 | €61,096 | -€30,973 | -33.6% |
| Income taxes | 67/77 | €18,009 | €14,537 | -€3,471 | -19.3% |
| Profit (loss) for the period | 9904 | €74,061 | €46,559 | -€27,502 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €74,061 | €46,559 | -€27,502 | -37.1% |
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 8 October 2026 via checked.be.