OSTYN & GREGOIRE: 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.
What changed
OSTYN & GREGOIRE
NACE 43.320, Joinery installation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€130,528
2024 · -€27,089+€157,617
Equity
€360,760
2024 · €303,232+€57,528
Cash
€224,760
2024 · €229,081-€4,321
Balance sheet total
€1.2m
2024 · €1.1m+€94,237
Largest movements
Assets
- Receivables within one year +€75,819
up €75,819 (+12.8%), from €591,563 to €667,382
of which Trade receivables: +€115,289
- Stocks and contracts +€16,707
up €16,707 (+8.3%), from €200,720 to €217,428
Equity and liabilities
- Other debts +€63,224
up €63,224 (+86.5%), from €73,117 to €136,341
- Profit (loss) carried forward +€57,528
up €57,528 (+24.5%), from €235,032 to €292,560
- Advances received +€57,096
up €57,096 (+10.9%), from €524,058 to €581,154
- Debts after one year -€44,572
down €44,572 (-52.1%), from €85,504 to €40,933
- Trade debts -€22,398
down €22,398 (-45.1%), from €49,683 to €27,285
of which Suppliers: -€22,398
Income statement
- Gross operating margin +€159,289
up €159,289 (+95.3%), from €167,178 to €326,466
- Taxes +€15,729
up €15,729, from €0 to €15,729
- Financial income +€15,200
up €15,200 (+28.9%), from €52,557 to €67,757
- Provisions -€11,050
down €11,050, from €0 to -€11,050
- Staff costs +€8,059
up €8,059 (+4.1%), from €194,552 to €202,611
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.
Result 2024
-€27,089
Gross operating margin
+€159,289
Staff costs
-€8,059
Depreciation
+€4,458
Provisions
+€11,050
Other operating charges
-€34
Other operating items
-€9,323
Financial income
+€15,200
Financial charges
+€766
Taxes
-€15,729
Result 2025
€130,528
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€138,776
Investment
-€25,248
Financing
-€117,849
Cash 2024
€229,081
From operations (derived)
+€138,776
Net result for the year
+€130,528
Depreciation
+€23,770
Stocks and contracts
-€16,707
Receivables within one year
-€75,819
Deferred charges and accrued income
-€4,553
Provisions
-€11,050
Trade debts
-€22,398
Tax, wage and social debts
-€5,313
Advances received
+€57,096
Other debts
+€63,224
Investment (derived)
-€25,248
Investment in fixed assets (net)
-€25,248
Financing
-€117,849
Debts after one year
-€44,572
Current portion of long-term debt
-€10,278
Short-term financial debts
+€10,000
Contributions, distributions and other
-€73,000
Cash 2025
€224,760
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,146,820 | €1,241,057 | +€94,237 | +8.2% |
| Fixed assets | 21/28 | €122,118 | €123,597 | +€1,478 | +1.2% |
| Tangible fixed assets | 22/27 | €122,118 | €123,597 | +€1,478 | +1.2% |
| Land and buildings | 22 | €87,973 | €100,066 | +€12,094 | +13.7% |
| Plant, machinery and equipment | 23 | €8,711 | €6,769 | -€1,942 | -22.3% |
| Furniture and vehicles | 24 | €25,434 | €16,761 | -€8,673 | -34.1% |
| Current assets | 29/58 | €1,024,701 | €1,117,460 | +€92,759 | +9.1% |
| Stocks and contracts in progress | 3 | €200,720 | €217,428 | +€16,707 | +8.3% |
| Stocks | 30/36 | €200,720 | €217,428 | +€16,707 | +8.3% |
| Amounts receivable within one year | 40/41 | €591,563 | €667,382 | +€75,819 | +12.8% |
| Trade receivables | 40 | €539,222 | €654,512 | +€115,289 | +21.4% |
| Other amounts receivable | 41 | €52,341 | €12,871 | -€39,470 | -75.4% |
| Cash at bank and in hand | 54/58 | €229,081 | €224,760 | -€4,321 | -1.9% |
| Deferred charges and accrued income | 490/1 | €3,337 | €7,890 | +€4,553 | +136% |
| Total equity and liabilities | 10/49 | €1,146,820 | €1,241,057 | +€94,237 | +8.2% |
| Equity | 10/15 | €303,232 | €360,760 | +€57,528 | +19.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €235,032 | €292,560 | +€57,528 | +24.5% |
| Provisions and deferred taxes | 16 | €11,050 | €0 | -€11,050 | -100% |
| Provisions for liabilities and charges | 160/5 | €11,050 | €0 | -€11,050 | -100% |
| Other liabilities and charges | 164/5 | €11,050 | €0 | -€11,050 | -100% |
| Amounts payable | 17/49 | €832,538 | €880,297 | +€47,759 | +5.7% |
| Amounts payable after more than one year | 17 | €85,504 | €40,933 | -€44,572 | -52.1% |
| Financial debts | 170/4 | €85,504 | €40,933 | -€44,572 | -52.1% |
| Amounts payable within one year | 42/48 | €747,033 | €839,364 | +€92,331 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €54,849 | €44,572 | -€10,278 | -18.7% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €49,683 | €27,285 | -€22,398 | -45.1% |
| Suppliers | 440/4 | €49,683 | €27,285 | -€22,398 | -45.1% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €524,058 | €581,154 | +€57,096 | +10.9% |
| Taxes, remuneration and social security | 45 | €45,326 | €40,013 | -€5,313 | -11.7% |
| Taxes | 450/3 | €10,794 | €10,213 | -€581 | -5.4% |
| Remuneration and social security | 454/9 | €34,532 | €29,800 | -€4,732 | -13.7% |
| Other amounts payable | 47/48 | €73,117 | €136,341 | +€63,224 | +86.5% |
| Non-recurring operating income | 76A | €242 | €9,636 | +€9,394 | +3,883% |
| Remuneration, social security and pensions | 62 | €194,552 | €202,611 | +€8,059 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,228 | €23,770 | -€4,458 | -15.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€11,050 | -€11,050 | |
| Other operating charges | 640/8 | €10,845 | €10,880 | +€34 | +0.3% |
| Non-recurring operating charges | 66A | €2,676 | €11,998 | +€9,323 | +348% |
| Gross operating margin | 9900 | €167,178 | €326,466 | +€159,289 | +95.3% |
| Operating profit (loss) | 9901 | -€69,123 | €88,258 | +€157,381 | |
| Financial income | 75/76B | €52,557 | €67,757 | +€15,200 | +28.9% |
| Recurring financial income | 75 | €52,557 | €67,757 | +€15,200 | +28.9% |
| Financial charges | 65/66B | €10,523 | €9,757 | -€766 | -7.3% |
| Recurring financial charges | 65 | €10,523 | €9,757 | -€766 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€27,089 | €146,257 | +€173,346 | |
| Income taxes | 67/77 | €0 | €15,729 | +€15,729 | |
| Profit (loss) for the period | 9904 | -€27,089 | €130,528 | +€157,617 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,089 | €130,528 | +€157,617 |
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 22 October 2026 via checked.be.