OINEAS: what changed
Two fiscal 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.
OINEAS
Largest movements
- Tangible fixed assets -€4,405
down €4,405 (-50.2%), from €8,783 to €4,377
of which Furniture and vehicles: -€8,622
- Stocks and contracts -€2,527
down €2,527 (-64.2%), from €3,939 to €1,412
- Cash -€908
down €908 (-66.6%), from €1,364 to €456
mainly Net result for the year (-€17,860) and Tax, wage and social debts (-€2,120)
- Profit (loss) carried forward -€17,860
down €17,860 (-18.5%), from -€96,780 to -€114,639
- Trade debts +€10,793
new in 2025: €10,793
- Tax, wage and social debts -€2,120
down €2,120 (-13.5%), from €15,731 to €13,611
of which Remuneration and social security: -€3,133
- Other debts +€619
up €619 (+0.8%), from €75,860 to €76,479
- Short-term financial debts +€576
up €576 (+9.5%), from €6,041 to €6,617
- Gross operating margin +€46,431
up €46,431 (+1099.0%), from €4,225 to €50,656
- Staff costs +€26,994
up €26,994 (+89.8%), from €30,065 to €57,059
- Other operating charges +€1,777
up €1,777 (+160.9%), from €1,105 to €2,882
- Financial charges -€581
down €581 (-12.2%), from €4,752 to €4,172
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 | €20,852 | €12,861 | -€7,991 | -38.3% |
| Fixed assets | 21/28 | €15,383 | €10,977 | -€4,405 | -28.6% |
| Tangible fixed assets | 22/27 | €8,783 | €4,377 | -€4,405 | -50.2% |
| Plant, machinery and equipment | 23 | €161 | €4,377 | +€4,216 | +2617.7% |
| Furniture and vehicles | 24 | €8,622 | - | -€8,622 | |
| Financial fixed assets | 28 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €5,469 | €1,883 | -€3,586 | -65.6% |
| Stocks and contracts in progress | 3 | €3,939 | €1,412 | -€2,527 | -64.2% |
| Stocks | 30/36 | €3,939 | €1,412 | -€2,527 | -64.2% |
| Amounts receivable within one year | 40/41 | €166 | €15 | -€151 | -90.8% |
| Trade receivables | 40 | €166 | €15 | -€151 | -90.8% |
| Cash at bank and in hand | 54/58 | €1,364 | €456 | -€908 | -66.6% |
| Total equity and liabilities | 10/49 | €20,852 | €12,861 | -€7,991 | -38.3% |
| Equity | 10/15 | -€76,780 | -€94,639 | -€17,860 | -23.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,780 | -€114,639 | -€17,860 | -18.5% |
| Amounts payable | 17/49 | €97,632 | €107,500 | +€9,868 | +10.1% |
| Amounts payable within one year | 42/48 | €97,632 | €107,500 | +€9,868 | +10.1% |
| Financial debts | 43 | €6,041 | €6,617 | +€576 | +9.5% |
| Credit institutions | 430/8 | €6,041 | €6,617 | +€576 | +9.5% |
| Trade debts | 44 | - | €10,793 | +€10,793 | |
| Suppliers | 440/4 | - | €10,793 | +€10,793 | |
| Taxes, remuneration and social security | 45 | €15,731 | €13,611 | -€2,120 | -13.5% |
| Taxes | 450/3 | €3,154 | €4,167 | +€1,013 | +32.1% |
| Remuneration and social security | 454/9 | €12,577 | €9,444 | -€3,133 | -24.9% |
| Other amounts payable | 47/48 | €75,860 | €76,479 | +€619 | +0.8% |
| Remuneration, social security and pensions | 62 | €30,065 | €57,059 | +€26,994 | +89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,910 | €4,405 | -€505 | -10.3% |
| Other operating charges | 640/8 | €1,105 | €2,882 | +€1,777 | +160.9% |
| Gross operating margin | 9900 | €4,225 | €50,656 | +€46,431 | +1099.0% |
| Operating profit (loss) | 9901 | -€31,855 | -€13,691 | +€18,164 | +57.0% |
| Financial income | 75/76B | €16 | €3 | -€13 | -82.4% |
| Recurring financial income | 75 | €16 | €3 | -€13 | -82.4% |
| Financial charges | 65/66B | €4,752 | €4,172 | -€581 | -12.2% |
| Recurring financial charges | 65 | €4,752 | €4,172 | -€581 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€36,591 | -€17,860 | +€18,732 | +51.2% |
| Profit (loss) for the period | 9904 | -€36,591 | -€17,860 | +€18,732 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,591 | -€17,860 | +€18,732 | +51.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.