ONEPACE: 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.
ONEPACE
Largest movements
- Stocks and contracts -€200,744
down €200,744 (-74.5%), from €269,293 to €68,549
- Receivables within one year +€196,935
up €196,935 (+73.9%), from €266,443 to €463,378
of which Trade receivables: +€173,537
- Tangible fixed assets -€67,736
down €67,736 (-54.1%), from €125,136 to €57,400
of which Plant, machinery and equipment: -€66,709
- Cash -€48,036
down €48,036 (-34.5%), from €139,250 to €91,214
mainly Receivables within one year (-€196,935) and Contributions, distributions and other (-€91,197)
- Intangible fixed assets -€23,409
down €23,409 (-56.2%), from €41,662 to €18,253
- Current portion of long-term debt -€87,908
down €87,908 (-54.4%), from €161,577 to €73,669
- Debts after one year -€67,488
down €67,488 (-82.1%), from €82,223 to €14,735
of which Financial debts: -€38,278
- Tax, wage and social debts +€50,151
up €50,151 (+122.7%), from €40,863 to €91,014
of which Taxes: +€60,988
- Trade debts -€31,072
down €31,072 (-25.9%), from €119,909 to €88,837
- Gross operating margin -€188,644
down €188,644 (-30.4%), from €621,377 to €432,732
- Taxes -€28,859
down €28,859 (-43.7%), from €66,057 to €37,199
- Financial charges -€24,796
down €24,796 (-63.4%), from €39,096 to €14,300
- Staff costs -€14,614
down €14,614 (-6.7%), from €216,942 to €202,328
- Other operating charges -€10,821
down €10,821 (-70.3%), from €15,391 to €4,570
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 | €855,753 | €714,055 | -€141,697 | -16.6% |
| Fixed assets | 21/28 | €171,804 | €84,132 | -€87,672 | -51.0% |
| Intangible fixed assets | 21 | €41,662 | €18,253 | -€23,409 | -56.2% |
| Tangible fixed assets | 22/27 | €125,136 | €57,400 | -€67,736 | -54.1% |
| Plant, machinery and equipment | 23 | €120,453 | €53,744 | -€66,709 | -55.4% |
| Furniture and vehicles | 24 | €4,684 | €3,657 | -€1,027 | -21.9% |
| Financial fixed assets | 28 | €5,006 | €8,479 | +€3,473 | +69.4% |
| Current assets | 29/58 | €683,948 | €629,923 | -€54,025 | -7.9% |
| Stocks and contracts in progress | 3 | €269,293 | €68,549 | -€200,744 | -74.5% |
| Stocks | 30/36 | €269,293 | €68,549 | -€200,744 | -74.5% |
| Amounts receivable within one year | 40/41 | €266,443 | €463,378 | +€196,935 | +73.9% |
| Trade receivables | 40 | €255,100 | €428,637 | +€173,537 | +68.0% |
| Other amounts receivable | 41 | €11,343 | €34,741 | +€23,398 | +206.3% |
| Cash at bank and in hand | 54/58 | €139,250 | €91,214 | -€48,036 | -34.5% |
| Deferred charges and accrued income | 490/1 | €8,962 | €6,781 | -€2,181 | -24.3% |
| Total equity and liabilities | 10/49 | €855,753 | €714,055 | -€141,697 | -16.6% |
| Equity | 10/15 | €451,181 | €445,801 | -€5,380 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €432,581 | €427,201 | -€5,380 | -1.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €430,721 | €425,341 | -€5,380 | -1.2% |
| Amounts payable | 17/49 | €404,572 | €268,255 | -€136,317 | -33.7% |
| Amounts payable after more than one year | 17 | €82,223 | €14,735 | -€67,488 | -82.1% |
| Financial debts | 170/4 | €38,278 | €0 | -€38,278 | -100.0% |
| Other amounts payable | 178/9 | €43,945 | €14,735 | -€29,209 | -66.5% |
| Amounts payable within one year | 42/48 | €322,349 | €253,519 | -€68,830 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €161,577 | €73,669 | -€87,908 | -54.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €119,909 | €88,837 | -€31,072 | -25.9% |
| Suppliers | 440/4 | €119,909 | €88,837 | -€31,072 | -25.9% |
| Taxes, remuneration and social security | 45 | €40,863 | €91,014 | +€50,151 | +122.7% |
| Taxes | 450/3 | €21,238 | €82,226 | +€60,988 | +287.2% |
| Remuneration and social security | 454/9 | €19,625 | €8,788 | -€10,837 | -55.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €216,942 | €202,328 | -€14,614 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,762 | €91,145 | -€10,617 | -10.4% |
| Other operating charges | 640/8 | €15,391 | €4,570 | -€10,821 | -70.3% |
| Gross operating margin | 9900 | €621,377 | €432,732 | -€188,644 | -30.4% |
| Operating profit (loss) | 9901 | €287,282 | €134,690 | -€152,592 | -53.1% |
| Financial income | 75/76B | €1,182 | €2,626 | +€1,443 | +122.1% |
| Recurring financial income | 75 | €1,182 | €2,626 | +€1,443 | +122.1% |
| Financial charges | 65/66B | €39,096 | €14,300 | -€24,796 | -63.4% |
| Recurring financial charges | 65 | €39,096 | €14,300 | -€24,796 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €249,368 | €123,016 | -€126,352 | -50.7% |
| Income taxes | 67/77 | €66,057 | €37,199 | -€28,859 | -43.7% |
| Profit (loss) for the period | 9904 | €183,311 | €85,817 | -€97,494 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €183,311 | €85,817 | -€97,494 | -53.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.