ONAM: 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.
ONAM
Largest movements
- Cash +€9,898
up €9,898 (+62.5%), from €15,849 to €25,747
mainly Net result for the year (+€18,739) and Other debts (+€7,336)
- Tangible fixed assets +€6,376
up €6,376 (+82.0%), from €7,778 to €14,154
of which Plant, machinery and equipment: +€10,126
- Receivables within one year +€3,804
up €3,804 (+182.2%), from €2,088 to €5,892
of which Trade receivables: +€5,655
- Reserves +€11,500
up €11,500 (+97.0%), from €11,860 to €23,360
of which Distributable reserves: +€11,500
- Other debts +€7,336
up €7,336 (+657.5%), from €1,116 to €8,452
- Tax, wage and social debts +€4,150
up €4,150 (+1383.3%), from €300 to €4,450
- Debts after one year -€2,500
no longer reported in 2025 (was €2,500)
- Trade debts -€918
down €918 (-26.3%), from €3,493 to €2,576
- Gross operating margin +€21,763
up €21,763 (+307.7%), from €7,072 to €28,834
- Taxes +€4,375
up €4,375 (+5833.3%), from €75 to €4,450
- Financial income +€454
up €454 (+130.6%), from €348 to €802
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 | €32,001 | €51,808 | +€19,808 | +61.9% |
| Fixed assets | 21/28 | €8,518 | €14,894 | +€6,376 | +74.9% |
| Tangible fixed assets | 22/27 | €7,778 | €14,154 | +€6,376 | +82.0% |
| Plant, machinery and equipment | 23 | €3,287 | €13,414 | +€10,126 | +308.0% |
| Furniture and vehicles | 24 | €3,655 | €438 | -€3,216 | -88.0% |
| Other tangible fixed assets | 26 | €836 | €302 | -€534 | -63.9% |
| Financial fixed assets | 28 | €740 | €740 | = | 0.0% |
| Current assets | 29/58 | €23,483 | €36,915 | +€13,432 | +57.2% |
| Stocks and contracts in progress | 3 | €2,100 | €2,150 | +€50 | +2.4% |
| Stocks | 30/36 | €750 | €2,150 | +€1,400 | +186.7% |
| Contracts in progress | 37 | €1,350 | - | -€1,350 | |
| Amounts receivable within one year | 40/41 | €2,088 | €5,892 | +€3,804 | +182.2% |
| Trade receivables | 40 | €237 | €5,892 | +€5,655 | +2389.6% |
| Other amounts receivable | 41 | €1,851 | - | -€1,851 | |
| Cash at bank and in hand | 54/58 | €15,849 | €25,747 | +€9,898 | +62.5% |
| Deferred charges and accrued income | 490/1 | €3,446 | €3,126 | -€320 | -9.3% |
| Total equity and liabilities | 10/49 | €32,001 | €51,808 | +€19,808 | +61.9% |
| Equity | 10/15 | €24,592 | €36,330 | +€11,739 | +47.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,860 | €23,360 | +€11,500 | +97.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €21,500 | +€11,500 | +115.0% |
| Profit (loss) carried forward | 14 | €332 | €570 | +€239 | +72.0% |
| Amounts payable | 17/49 | €7,409 | €15,478 | +€8,069 | +108.9% |
| Amounts payable after more than one year | 17 | €2,500 | - | -€2,500 | |
| Other amounts payable | 178/9 | €2,500 | - | -€2,500 | |
| Amounts payable within one year | 42/48 | €4,909 | €15,478 | +€10,569 | +215.3% |
| Trade debts | 44 | €3,493 | €2,576 | -€918 | -26.3% |
| Suppliers | 440/4 | €3,493 | €2,576 | -€918 | -26.3% |
| Taxes, remuneration and social security | 45 | €300 | €4,450 | +€4,150 | +1383.3% |
| Taxes | 450/3 | €300 | €4,450 | +€4,150 | +1383.3% |
| Other amounts payable | 47/48 | €1,116 | €8,452 | +€7,336 | +657.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,005 | €5,252 | +€246 | +4.9% |
| Other operating charges | 640/8 | €1,242 | €1,036 | -€206 | -16.6% |
| Gross operating margin | 9900 | €7,072 | €28,834 | +€21,763 | +307.7% |
| Operating profit (loss) | 9901 | €824 | €22,546 | +€21,722 | +2636.6% |
| Financial income | 75/76B | €348 | €802 | +€454 | +130.6% |
| Recurring financial income | 75 | €348 | €802 | +€454 | +130.6% |
| Financial charges | 65/66B | €140 | €160 | +€20 | +14.2% |
| Recurring financial charges | 65 | €140 | €160 | +€20 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €1,032 | €23,189 | +€22,157 | +2147.4% |
| Income taxes | 67/77 | €75 | €4,450 | +€4,375 | +5833.3% |
| Profit (loss) for the period | 9904 | €957 | €18,739 | +€17,782 | +1858.4% |
| Profit (loss) for the period to be appropriated | 9905 | €957 | €18,739 | +€17,782 | +1858.4% |
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 6 October 2026 via checked.be.