ON1E+: what changed
ON1E+
Largest movements
- Intangible fixed assets +€30,000
up €30,000 (+39.8%), from €75,346 to €105,346
- Receivables within one year -€28,108
down €28,108 (-71.8%), from €39,162 to €11,054
of which Trade receivables: -€21,541
- Cash -€6,549
down €6,549 (-36.3%), from €18,028 to €11,479
mainly Short-term financial debts (-€75,000) and Investment in fixed assets (net) (-€30,075)
- Tangible fixed assets -€4,250
down €4,250 (-16.7%), from €25,499 to €21,249
of which Plant, machinery and equipment: -€4,124
- Short-term financial debts -€75,000
down €75,000 (-100%), from €75,000 to €0
- Current portion of long-term debt +€74,020
up €74,020 (+623%), from €11,888 to €85,907
- Reserves +€12,000
up €12,000 (+34,732%), from €35 to €12,035
of which Distributable reserves: +€12,000
- Debts after one year +€11,817
up €11,817 (+70.8%), from €16,686 to €28,503
- Advances received -€11,784
down €11,784 (-100%), from €11,784 to €0
- Gross operating margin -€16,831
down €16,831 (-22.3%), from €75,321 to €58,490
- Staff costs -€14,897
down €14,897 (-27.1%), from €55,047 to €40,150
- Financial income -€2,994
down €2,994 (-99.8%), from €2,999 to €5
- Depreciation -€2,271
down €2,271 (-34.8%), from €6,522 to €4,250
- Taxes -€2,109
down €2,109 (-49.9%), from €4,229 to €2,121
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,665 | €165,379 | -€7,286 | -4.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €101,545 | €127,370 | +€25,825 | +25.4% |
| Intangible fixed assets | 21 | €75,346 | €105,346 | +€30,000 | +39.8% |
| Tangible fixed assets | 22/27 | €25,499 | €21,249 | -€4,250 | -16.7% |
| Plant, machinery and equipment | 23 | €25,084 | €20,959 | -€4,124 | -16.4% |
| Furniture and vehicles | 24 | €416 | €290 | -€126 | -30.3% |
| Financial fixed assets | 28 | €700 | €775 | +€75 | +10.7% |
| Current assets | 29/58 | €71,120 | €38,010 | -€33,111 | -46.6% |
| Stocks and contracts in progress | 3 | €13,931 | €15,400 | +€1,470 | +10.5% |
| Stocks | 30/36 | €13,931 | €15,400 | +€1,470 | +10.5% |
| Amounts receivable within one year | 40/41 | €39,162 | €11,054 | -€28,108 | -71.8% |
| Trade receivables | 40 | €30,985 | €9,444 | -€21,541 | -69.5% |
| Other amounts receivable | 41 | €8,178 | €1,611 | -€6,567 | -80.3% |
| Cash at bank and in hand | 54/58 | €18,028 | €11,479 | -€6,549 | -36.3% |
| Deferred charges and accrued income | 490/1 | - | €77 | +€77 | |
| Total equity and liabilities | 10/49 | €172,665 | €165,379 | -€7,286 | -4.2% |
| Equity | 10/15 | €17,377 | €19,109 | +€1,731 | +10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35 | €12,035 | +€12,000 | +34,732% |
| Non-distributable reserves | 130/1 | €35 | €35 | = | 0.0% |
| Reserves not available under the articles | 1311 | €35 | €0 | -€35 | -100% |
| Other | 1319 | - | €35 | +€35 | |
| Distributable reserves | 133 | - | €12,000 | +€12,000 | |
| Profit (loss) carried forward | 14 | €11,143 | €874 | -€10,269 | -92.2% |
| Amounts payable | 17/49 | €155,288 | €146,271 | -€9,017 | -5.8% |
| Amounts payable after more than one year | 17 | €16,686 | €28,503 | +€11,817 | +70.8% |
| Financial debts | 170/4 | €16,686 | €28,503 | +€11,817 | +70.8% |
| Amounts payable within one year | 42/48 | €138,602 | €117,768 | -€20,834 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €11,888 | €85,907 | +€74,020 | +623% |
| Financial debts | 43 | €75,000 | €0 | -€75,000 | -100% |
| Credit institutions | 430/8 | €75,000 | €0 | -€75,000 | -100% |
| Trade debts | 44 | €19,626 | €15,753 | -€3,873 | -19.7% |
| Suppliers | 440/4 | €19,626 | €15,753 | -€3,873 | -19.7% |
| Advances received on contracts in progress | 46 | €11,784 | €0 | -€11,784 | -100% |
| Taxes, remuneration and social security | 45 | €12,013 | €11,576 | -€437 | -3.6% |
| Taxes | 450/3 | €4,271 | €6,299 | +€2,028 | +47.5% |
| Remuneration and social security | 454/9 | €7,742 | €5,277 | -€2,465 | -31.8% |
| Other amounts payable | 47/48 | €8,291 | €4,531 | -€3,760 | -45.4% |
| Non-recurring operating income | 76A | - | €485 | +€485 | |
| Remuneration, social security and pensions | 62 | €55,047 | €40,150 | -€14,897 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,522 | €4,250 | -€2,271 | -34.8% |
| Other operating charges | 640/8 | €1,552 | €2,742 | +€1,190 | +76.6% |
| Gross operating margin | 9900 | €75,321 | €58,490 | -€16,831 | -22.3% |
| Operating profit (loss) | 9901 | €12,200 | €11,348 | -€852 | -7.0% |
| Financial income | 75/76B | €2,999 | €5 | -€2,994 | -99.8% |
| Recurring financial income | 75 | €2,999 | €5 | -€2,994 | -99.8% |
| Financial charges | 65/66B | €6,875 | €7,502 | +€627 | +9.1% |
| Recurring financial charges | 65 | €6,875 | €7,502 | +€627 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €8,324 | €3,852 | -€4,473 | -53.7% |
| Income taxes | 67/77 | €4,229 | €2,121 | -€2,109 | -49.9% |
| Profit (loss) for the period | 9904 | €4,095 | €1,731 | -€2,364 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,095 | €1,731 | -€2,364 | -57.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.