On Set: 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.
On Set
Largest movements
- Tangible fixed assets -€24,488
down €24,488 (-8.5%), from €288,649 to €264,160
of which Land and buildings: -€13,823
- Cash +€12,865
up €12,865 (+383.5%), from €3,355 to €16,220
mainly Depreciation (+€24,488) and Receivables within one year (+€12,075)
- Receivables within one year -€12,075
down €12,075 (-64.9%), from €18,612 to €6,537
of which Trade receivables: -€9,844
- Debts after one year -€18,230
down €18,230 (-5.3%), from €344,932 to €326,702
- Profit (loss) carried forward -€6,979
down €6,979 (-9.3%), from -€75,449 to -€82,429
- Trade debts -€6,835
down €6,835 (-76.0%), from €8,997 to €2,162
- Tax, wage and social debts +€4,981
up €4,981 (+180.9%), from €2,754 to €7,736
of which Taxes: +€6,481
- Gross operating margin -€12,143
down €12,143 (-27.4%), from €44,303 to €32,160
- Other operating charges -€3,272
down €3,272 (-45.9%), from €7,132 to €3,861
- Depreciation -€1,098
down €1,098 (-4.3%), from €25,586 to €24,488
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 | €315,163 | €288,803 | -€26,360 | -8.4% |
| Fixed assets | 21/28 | €288,649 | €264,160 | -€24,488 | -8.5% |
| Tangible fixed assets | 22/27 | €288,649 | €264,160 | -€24,488 | -8.5% |
| Land and buildings | 22 | €248,806 | €234,984 | -€13,823 | -5.6% |
| Plant, machinery and equipment | 23 | €22,817 | €20,233 | -€2,584 | -11.3% |
| Furniture and vehicles | 24 | €6,328 | €1,812 | -€4,516 | -71.4% |
| Other tangible fixed assets | 26 | €10,698 | €7,132 | -€3,566 | -33.3% |
| Current assets | 29/58 | €26,514 | €24,643 | -€1,871 | -7.1% |
| Amounts receivable within one year | 40/41 | €18,612 | €6,537 | -€12,075 | -64.9% |
| Trade receivables | 40 | €16,381 | €6,537 | -€9,844 | -60.1% |
| Other amounts receivable | 41 | €2,232 | - | -€2,232 | |
| Current investments | 50/53 | €2,803 | - | -€2,803 | |
| Cash at bank and in hand | 54/58 | €3,355 | €16,220 | +€12,865 | +383.5% |
| Deferred charges and accrued income | 490/1 | €1,745 | €1,886 | +€142 | +8.1% |
| Total equity and liabilities | 10/49 | €315,163 | €288,803 | -€26,360 | -8.4% |
| Equity | 10/15 | -€67,389 | -€74,369 | -€6,979 | -10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,449 | -€82,429 | -€6,979 | -9.3% |
| Amounts payable | 17/49 | €382,552 | €363,172 | -€19,380 | -5.1% |
| Amounts payable after more than one year | 17 | €344,932 | €326,702 | -€18,230 | -5.3% |
| Financial debts | 170/4 | €344,932 | €326,702 | -€18,230 | -5.3% |
| Amounts payable within one year | 42/48 | €36,840 | €35,737 | -€1,103 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €25,089 | €25,839 | +€750 | +3.0% |
| Trade debts | 44 | €8,997 | €2,162 | -€6,835 | -76.0% |
| Suppliers | 440/4 | €8,997 | €2,162 | -€6,835 | -76.0% |
| Taxes, remuneration and social security | 45 | €2,754 | €7,736 | +€4,981 | +180.9% |
| Taxes | 450/3 | €1,254 | €7,736 | +€6,481 | +516.8% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Accrued charges and deferred income | 492/3 | €780 | €733 | -€47 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,586 | €24,488 | -€1,098 | -4.3% |
| Other operating charges | 640/8 | €7,132 | €3,861 | -€3,272 | -45.9% |
| Gross operating margin | 9900 | €44,303 | €32,160 | -€12,143 | -27.4% |
| Operating profit (loss) | 9901 | €11,584 | €3,811 | -€7,773 | -67.1% |
| Financial income | 75/76B | €29 | €39 | +€10 | +34.9% |
| Recurring financial income | 75 | €29 | €39 | +€10 | +34.9% |
| Financial charges | 65/66B | €10,830 | €10,612 | -€218 | -2.0% |
| Recurring financial charges | 65 | €10,830 | €10,612 | -€218 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €783 | -€6,762 | -€7,545 | |
| Income taxes | 67/77 | €471 | €218 | -€253 | -53.8% |
| Profit (loss) for the period | 9904 | €312 | -€6,979 | -€7,291 | |
| Profit (loss) for the period to be appropriated | 9905 | €312 | -€6,979 | -€7,291 |
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 8 October 2026 via checked.be.