O.N.E.L.: 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.
O.N.E.L.
Largest movements
- Stocks and contracts -€81,656
down €81,656 (-47.9%), from €170,533 to €88,877
- Cash +€8,870
up €8,870 (+41.3%), from €21,495 to €30,365
mainly Stocks and contracts (+€81,656)
- Receivables within one year +€4,669
up €4,669 (+2,628%), from €178 to €4,847
- Other debts -€35,515
down €35,515 (-29.6%), from €120,047 to €84,532
- Trade debts -€19,718
down €19,718 (-79.9%), from €24,674 to €4,956
- Tax, wage and social debts -€6,568
down €6,568 (-46.3%), from €14,202 to €7,633
of which Taxes: -€5,438
- Reserves -€6,294
down €6,294 (-46.6%), from €13,522 to €7,227
of which Distributable reserves: -€6,294
- Gross operating margin -€31,477
down €31,477 (-97.1%), from €32,404 to €927
- Staff costs -€18,477
down €18,477 (-81.8%), from €22,595 to €4,118
- Taxes -€2,711
down €2,711 (-95.1%), from €2,852 to €141
- Financial income -€416
down €416 (-57.5%), from €723 to €307
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 | €192,444 | €124,348 | -€68,096 | -35.4% |
| Fixed assets | 21/28 | €238 | €259 | +€21 | +8.9% |
| Financial fixed assets | 28 | €238 | €259 | +€21 | +8.9% |
| Current assets | 29/58 | €192,205 | €124,088 | -€68,117 | -35.4% |
| Stocks and contracts in progress | 3 | €170,533 | €88,877 | -€81,656 | -47.9% |
| Stocks | 30/36 | €170,533 | €88,877 | -€81,656 | -47.9% |
| Amounts receivable within one year | 40/41 | €178 | €4,847 | +€4,669 | +2,628% |
| Trade receivables | 40 | €178 | €4,847 | +€4,669 | +2,628% |
| Cash at bank and in hand | 54/58 | €21,495 | €30,365 | +€8,870 | +41.3% |
| Total equity and liabilities | 10/49 | €192,444 | €124,348 | -€68,096 | -35.4% |
| Equity | 10/15 | €33,522 | €27,227 | -€6,294 | -18.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €13,522 | €7,227 | -€6,294 | -46.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €82 | €82 | = | 0.0% |
| Distributable reserves | 133 | €11,581 | €5,287 | -€6,294 | -54.4% |
| Amounts payable | 17/49 | €158,922 | €97,121 | -€61,801 | -38.9% |
| Amounts payable within one year | 42/48 | €158,922 | €97,121 | -€61,801 | -38.9% |
| Trade debts | 44 | €24,674 | €4,956 | -€19,718 | -79.9% |
| Suppliers | 440/4 | €24,674 | €4,956 | -€19,718 | -79.9% |
| Taxes, remuneration and social security | 45 | €14,202 | €7,633 | -€6,568 | -46.3% |
| Taxes | 450/3 | €12,847 | €7,409 | -€5,438 | -42.3% |
| Remuneration and social security | 454/9 | €1,354 | €224 | -€1,130 | -83.4% |
| Other amounts payable | 47/48 | €120,047 | €84,532 | -€35,515 | -29.6% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Remuneration, social security and pensions | 62 | €22,595 | €4,118 | -€18,477 | -81.8% |
| Other operating charges | 640/8 | €1,311 | €1,440 | +€129 | +9.8% |
| Non-recurring operating charges | 66A | - | €550 | +€550 | |
| Gross operating margin | 9900 | €32,404 | €927 | -€31,477 | -97.1% |
| Operating profit (loss) | 9901 | €8,498 | -€5,181 | -€13,679 | |
| Financial income | 75/76B | €723 | €307 | -€416 | -57.5% |
| Recurring financial income | 75 | €723 | €307 | -€416 | -57.5% |
| Financial charges | 65/66B | €1,237 | €1,279 | +€42 | +3.4% |
| Recurring financial charges | 65 | €1,237 | €1,279 | +€42 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €7,983 | -€6,153 | -€14,137 | |
| Income taxes | 67/77 | €2,852 | €141 | -€2,711 | -95.1% |
| Profit (loss) for the period | 9904 | €5,131 | -€6,294 | -€11,426 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,131 | -€6,294 | -€11,426 |
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 17 October 2026 via checked.be.