OSTRACA: 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.
OSTRACA
Largest movements
- Receivables within one year +€50,242
up €50,242 (+5,080%), from €989 to €51,231
of which Other amounts receivable: +€50,081
- Cash -€43,098
down €43,098 (-48.4%), from €89,130 to €46,031
mainly Receivables within one year (-€50,242) and Investment in fixed assets (net) (-€5,442)
- Tangible fixed assets +€4,993
new in 2025: €4,993
- Reserves +€12,600
up €12,600 (+15.4%), from €82,000 to €94,600
- Other debts -€1,441
no longer reported in 2025 (was €1,441)
- Gross operating margin -€83,898
down €83,898 (-80.9%), from €103,645 to €19,747
- Taxes -€16,095
down €16,095 (-75.2%), from €21,398 to €5,303
- Financial charges +€1,203
up €1,203 (+760%), from €158 to €1,361
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.
Derived cash bridge
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 | €91,017 | €102,350 | +€11,333 | +12.5% |
| Formation expenses | 20 | €899 | - | -€899 | |
| Fixed assets | 21/28 | - | €4,993 | +€4,993 | |
| Tangible fixed assets | 22/27 | - | €4,993 | +€4,993 | |
| Other tangible fixed assets | 26 | - | €4,993 | +€4,993 | |
| Current assets | 29/58 | €90,119 | €97,357 | +€7,238 | +8.0% |
| Amounts receivable within one year | 40/41 | €989 | €51,231 | +€50,242 | +5,080% |
| Trade receivables | 40 | - | €161 | +€161 | |
| Other amounts receivable | 41 | €989 | €51,070 | +€50,081 | +5,064% |
| Cash at bank and in hand | 54/58 | €89,130 | €46,031 | -€43,098 | -48.4% |
| Deferred charges and accrued income | 490/1 | - | €94 | +€94 | |
| Total equity and liabilities | 10/49 | €91,017 | €102,350 | +€11,333 | +12.5% |
| Equity | 10/15 | €82,608 | €95,288 | +€12,680 | +15.3% |
| Reserves | 13 | €82,000 | €94,600 | +€12,600 | +15.4% |
| Distributable reserves | 133 | €82,000 | €94,600 | +€12,600 | +15.4% |
| Profit (loss) carried forward | 14 | €608 | €688 | +€80 | +13.1% |
| Amounts payable | 17/49 | €8,409 | €7,063 | -€1,347 | -16.0% |
| Amounts payable within one year | 42/48 | €8,409 | €7,063 | -€1,347 | -16.0% |
| Trade debts | 44 | €23 | €118 | +€95 | +411% |
| Suppliers | 440/4 | €23 | €118 | +€95 | +411% |
| Taxes, remuneration and social security | 45 | €6,945 | €6,945 | = | 0.0% |
| Taxes | 450/3 | €6,945 | €6,945 | = | 0.0% |
| Other amounts payable | 47/48 | €1,441 | - | -€1,441 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642 | €1,348 | +€706 | +110% |
| Other operating charges | 640/8 | €76 | €294 | +€218 | +289% |
| Gross operating margin | 9900 | €103,645 | €19,747 | -€83,898 | -80.9% |
| Operating profit (loss) | 9901 | €102,928 | €18,106 | -€84,822 | -82.4% |
| Financial income | 75/76B | €1,237 | €1,238 | +€1 | +0.1% |
| Recurring financial income | 75 | €1,237 | €1,238 | +€1 | +0.1% |
| Financial charges | 65/66B | €158 | €1,361 | +€1,203 | +760% |
| Recurring financial charges | 65 | €158 | €1,361 | +€1,203 | +760% |
| Profit (loss) for the period before taxes | 9903 | €104,006 | €17,983 | -€86,023 | -82.7% |
| Income taxes | 67/77 | €21,398 | €5,303 | -€16,095 | -75.2% |
| Profit (loss) for the period | 9904 | €82,608 | €12,680 | -€69,929 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,608 | €12,680 | -€69,929 | -84.7% |
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 13 October 2026 via checked.be.