O - ONE - O: 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 - ONE - O
Largest movements
- Receivables within one year -€19,720
down €19,720 (-11.8%), from €167,588 to €147,869
of which Trade receivables: -€69,002
- Deferred charges and accrued income -€2,276
down €2,276 (-7.5%), from €30,369 to €28,093
- Debts after one year -€15,398
down €15,398 (-43.2%), from €35,605 to €20,207
- Trade debts -€10,650
down €10,650 (-16.7%), from €63,709 to €53,059
- Tax, wage and social debts -€6,357
down €6,357 (-43.6%), from €14,563 to €8,206
- Other debts +€4,448
up €4,448 (+9.2%), from €48,273 to €52,721
- Short-term financial debts +€3,261
up €3,261 (+15.0%), from €21,696 to €24,958
- Turnover -€24,528
down €24,528 (-17.4%), from €141,233 to €116,705
- Gross operating margin -€18,736
down €18,736 (-76.9%), from €24,353 to €5,617
- Purchases and services -€9,208
down €9,208 (-7.4%), from €124,220 to €115,012
- Taxes -€5,039
no longer reported in 2025 (was €5,039)
- Financial charges -€3,565
down €3,565 (-36.9%), from €9,663 to €6,098
of which Non-recurring financial charges: -€4,425
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 | €199,740 | €177,337 | -€22,403 | -11.2% |
| Fixed assets | 21/28 | €1,260 | €1,260 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Financial fixed assets | 28 | €1,260 | €1,260 | = | 0.0% |
| Current assets | 29/58 | €198,480 | €176,077 | -€22,403 | -11.3% |
| Amounts receivable within one year | 40/41 | €167,588 | €147,869 | -€19,720 | -11.8% |
| Trade receivables | 40 | €157,328 | €88,326 | -€69,002 | -43.9% |
| Other amounts receivable | 41 | €10,260 | €59,543 | +€49,282 | +480% |
| Current investments | 50/53 | €522 | - | -€522 | |
| Cash at bank and in hand | 54/58 | - | €115 | +€115 | |
| Deferred charges and accrued income | 490/1 | €30,369 | €28,093 | -€2,276 | -7.5% |
| Total equity and liabilities | 10/49 | €199,740 | €177,337 | -€22,403 | -11.2% |
| Equity | 10/15 | €1,148 | €15 | -€1,133 | -98.7% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,252 | -€13,385 | -€1,133 | -9.2% |
| Amounts payable | 17/49 | €198,592 | €177,322 | -€21,271 | -10.7% |
| Amounts payable after more than one year | 17 | €35,605 | €20,207 | -€15,398 | -43.2% |
| Financial debts | 170/4 | €35,605 | €20,207 | -€15,398 | -43.2% |
| Amounts payable within one year | 42/48 | €162,988 | €156,844 | -€6,144 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €14,746 | €17,900 | +€3,153 | +21.4% |
| Financial debts | 43 | €21,696 | €24,958 | +€3,261 | +15.0% |
| Credit institutions | 430/8 | €21,696 | €24,958 | +€3,261 | +15.0% |
| Trade debts | 44 | €63,709 | €53,059 | -€10,650 | -16.7% |
| Suppliers | 440/4 | €63,709 | €53,059 | -€10,650 | -16.7% |
| Taxes, remuneration and social security | 45 | €14,563 | €8,206 | -€6,357 | -43.6% |
| Taxes | 450/3 | €14,563 | €8,206 | -€6,357 | -43.6% |
| Other amounts payable | 47/48 | €48,273 | €52,721 | +€4,448 | +9.2% |
| Accrued charges and deferred income | 492/3 | - | €270 | +€270 | |
| Turnover | 70 | €141,233 | €116,705 | -€24,528 | -17.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €124,220 | €115,012 | -€9,208 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145 | - | -€145 | |
| Other operating charges | 640/8 | €1,587 | €652 | -€935 | -58.9% |
| Gross operating margin | 9900 | €24,353 | €5,617 | -€18,736 | -76.9% |
| Operating profit (loss) | 9901 | €22,621 | €4,965 | -€17,656 | -78.0% |
| Financial income | 75/76B | €47 | €0 | -€47 | -99.9% |
| Recurring financial income | 75 | €47 | €0 | -€47 | -99.9% |
| Financial charges | 65/66B | €9,663 | €6,098 | -€3,565 | -36.9% |
| Recurring financial charges | 65 | €5,238 | €6,098 | +€860 | +16.4% |
| Non-recurring financial charges | 66B | €4,425 | - | -€4,425 | |
| Profit (loss) for the period before taxes | 9903 | €13,005 | -€1,133 | -€14,138 | |
| Income taxes | 67/77 | €5,039 | - | -€5,039 | |
| Profit (loss) for the period | 9904 | €7,966 | -€1,133 | -€9,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,966 | -€1,133 | -€9,099 |
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 19 October 2026 via checked.be.