ON-TECH: 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.
ON-TECH
Largest movements
- Cash +€56,710
up €56,710 (+22.8%), from €248,797 to €305,508
mainly Advances received (+€99,283) and Net result for the year (+€59,642)
- Receivables within one year +€36,892
up €36,892 (+29.1%), from €126,691 to €163,584
of which Trade receivables: +€36,713
- Tangible fixed assets +€35,667
up €35,667 (+30.0%), from €118,929 to €154,595
of which Leasing and similar rights: +€43,806
- Advances received +€99,283
up €99,283, from €0 to €99,283
- Reserves +€59,642
up €59,642 (+20.0%), from €298,041 to €357,683
of which Distributable reserves: +€59,642
- Other debts -€28,939
down €28,939 (-66.5%), from €43,541 to €14,602
- Trade debts -€18,636
down €18,636 (-29.8%), from €62,446 to €43,810
- Current portion of long-term debt +€8,350
up €8,350 (+34.6%), from €24,124 to €32,474
- Staff costs +€36,469
up €36,469 (+57.0%), from €63,966 to €100,435
- Gross operating margin -€28,532
down €28,532 (-11.4%), from €251,275 to €222,743
- Taxes -€25,197
down €25,197 (-53.5%), from €47,093 to €21,896
- Depreciation +€14,824
up €14,824 (+73.6%), from €20,131 to €34,955
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 | €510,825 | €635,668 | +€124,842 | +24.4% |
| Fixed assets | 21/28 | €118,929 | €154,595 | +€35,667 | +30.0% |
| Tangible fixed assets | 22/27 | €118,929 | €154,595 | +€35,667 | +30.0% |
| Land and buildings | 22 | €50,978 | €43,601 | -€7,376 | -14.5% |
| Plant, machinery and equipment | 23 | €25,329 | €21,761 | -€3,569 | -14.1% |
| Furniture and vehicles | 24 | €2,051 | €4,857 | +€2,806 | +137% |
| Leasing and similar rights | 25 | €40,571 | €84,376 | +€43,806 | +108% |
| Current assets | 29/58 | €391,897 | €481,073 | +€89,176 | +22.8% |
| Amounts receivable within one year | 40/41 | €126,691 | €163,584 | +€36,892 | +29.1% |
| Trade receivables | 40 | €97,096 | €133,808 | +€36,713 | +37.8% |
| Other amounts receivable | 41 | €29,596 | €29,775 | +€180 | +0.6% |
| Cash at bank and in hand | 54/58 | €248,797 | €305,508 | +€56,710 | +22.8% |
| Deferred charges and accrued income | 490/1 | €16,408 | €11,981 | -€4,427 | -27.0% |
| Total equity and liabilities | 10/49 | €510,825 | €635,668 | +€124,842 | +24.4% |
| Equity | 10/15 | €304,241 | €363,883 | +€59,642 | +19.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €298,041 | €357,683 | +€59,642 | +20.0% |
| Tax-exempt reserves | 132 | €109 | €109 | = | 0.0% |
| Distributable reserves | 133 | €297,932 | €357,574 | +€59,642 | +20.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €206,584 | €271,785 | +€65,200 | +31.6% |
| Amounts payable after more than one year | 17 | €48,261 | €52,088 | +€3,827 | +7.9% |
| Financial debts | 170/4 | €48,261 | €52,088 | +€3,827 | +7.9% |
| Amounts payable within one year | 42/48 | €158,323 | €219,697 | +€61,374 | +38.8% |
| Current portion of amounts payable after more than one year | 42 | €24,124 | €32,474 | +€8,350 | +34.6% |
| Trade debts | 44 | €62,446 | €43,810 | -€18,636 | -29.8% |
| Suppliers | 440/4 | €62,446 | €43,810 | -€18,636 | -29.8% |
| Advances received on contracts in progress | 46 | €0 | €99,283 | +€99,283 | |
| Taxes, remuneration and social security | 45 | €28,211 | €29,527 | +€1,315 | +4.7% |
| Taxes | 450/3 | €21,001 | €19,453 | -€1,548 | -7.4% |
| Remuneration and social security | 454/9 | €7,210 | €10,074 | +€2,864 | +39.7% |
| Other amounts payable | 47/48 | €43,541 | €14,602 | -€28,939 | -66.5% |
| Non-recurring operating income | 76A | €8,240 | €0 | -€8,240 | -100% |
| Remuneration, social security and pensions | 62 | €63,966 | €100,435 | +€36,469 | +57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,131 | €34,955 | +€14,824 | +73.6% |
| Other operating charges | 640/8 | €799 | €926 | +€127 | +15.9% |
| Non-recurring operating charges | 66A | €63 | €503 | +€440 | +697% |
| Gross operating margin | 9900 | €251,275 | €222,743 | -€28,532 | -11.4% |
| Operating profit (loss) | 9901 | €166,316 | €85,923 | -€80,392 | -48.3% |
| Financial income | 75/76B | €28 | €605 | +€577 | +2,052% |
| Recurring financial income | 75 | €28 | €605 | +€577 | +2,052% |
| Financial charges | 65/66B | €3,571 | €4,990 | +€1,419 | +39.7% |
| Recurring financial charges | 65 | €3,571 | €4,990 | +€1,419 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €162,773 | €81,538 | -€81,235 | -49.9% |
| Income taxes | 67/77 | €47,093 | €21,896 | -€25,197 | -53.5% |
| Profit (loss) for the period | 9904 | €115,680 | €59,642 | -€56,038 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €115,680 | €59,642 | -€56,038 | -48.4% |
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 16 October 2026 via checked.be.