ONBELAN: 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.
ONBELAN
Largest movements
- Tangible fixed assets +€1.5m
up €1.5m (+308.5%), from €494,512 to €2.0m
of which Land and buildings: +€1.5m
- Cash -€325,336
down €325,336 (-21.5%), from €1.5m to €1.2m
mainly Investment in fixed assets (net) (-€1.5m) and Net result for the year (-€29,581)
- Trade debts +€1.2m
up €1.2m (+2423.5%), from €49,916 to €1.3m
- Gross operating margin -€89,734
down €89,734 (-74.3%), from €120,694 to €30,960
- Taxes -€10,404
down €10,404 (-100.0%), from €10,405 to €1
- Financial income +€9,105
up €9,105 (+41.1%), from €22,158 to €31,263
- Staff costs +€8,733
up €8,733 (+37.4%), from €23,332 to €32,066
- Other operating charges -€6,475
down €6,475 (-12.1%), from €53,683 to €47,209
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 | €2,548,039 | €3,726,268 | +€1.2m | +46.2% |
| Fixed assets | 21/28 | €494,512 | €2,020,100 | +€1.5m | +308.5% |
| Tangible fixed assets | 22/27 | €494,512 | €2,020,100 | +€1.5m | +308.5% |
| Land and buildings | 22 | €492,952 | €2,003,270 | +€1.5m | +306.4% |
| Plant, machinery and equipment | 23 | €1,560 | €16,831 | +€15,271 | +979.1% |
| Current assets | 29/58 | €2,053,527 | €1,706,168 | -€347,359 | -16.9% |
| Amounts receivable within one year | 40/41 | €21,760 | €27,013 | +€5,253 | +24.1% |
| Trade receivables | 40 | €10,525 | €3,883 | -€6,642 | -63.1% |
| Other amounts receivable | 41 | €11,235 | €23,130 | +€11,895 | +105.9% |
| Current investments | 50/53 | €482,949 | €486,269 | +€3,319 | +0.7% |
| Cash at bank and in hand | 54/58 | €1,514,752 | €1,189,416 | -€325,336 | -21.5% |
| Deferred charges and accrued income | 490/1 | €34,066 | €3,470 | -€30,595 | -89.8% |
| Total equity and liabilities | 10/49 | €2,548,039 | €3,726,268 | +€1.2m | +46.2% |
| Equity | 10/15 | €2,234,546 | €2,204,964 | -€29,581 | -1.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €2,215,996 | €2,215,996 | = | 0.0% |
| Tax-exempt reserves | 132 | €909,701 | €909,701 | = | 0.0% |
| Distributable reserves | 133 | €1,306,295 | €1,306,295 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,581 | -€29,581 | |
| Provisions and deferred taxes | 16 | €227,425 | €227,425 | = | 0.0% |
| Deferred taxes | 168 | €227,425 | €227,425 | = | 0.0% |
| Amounts payable | 17/49 | €86,069 | €1,293,879 | +€1.2m | +1403.3% |
| Amounts payable after more than one year | 17 | €13,225 | €18,016 | +€4,791 | +36.2% |
| Other amounts payable | 178/9 | €13,225 | €18,016 | +€4,791 | +36.2% |
| Amounts payable within one year | 42/48 | €57,196 | €1,270,683 | +€1.2m | +2121.6% |
| Trade debts | 44 | €49,916 | €1,259,606 | +€1.2m | +2423.5% |
| Suppliers | 440/4 | €49,916 | €1,259,606 | +€1.2m | +2423.5% |
| Taxes, remuneration and social security | 45 | €7,281 | €11,078 | +€3,797 | +52.2% |
| Taxes | 450/3 | €3,470 | €5,654 | +€2,184 | +62.9% |
| Remuneration and social security | 454/9 | €3,811 | €5,424 | +€1,613 | +42.3% |
| Accrued charges and deferred income | 492/3 | €15,647 | €5,179 | -€10,468 | -66.9% |
| Non-recurring operating income | 76A | €6,588 | - | -€6,588 | |
| Remuneration, social security and pensions | 62 | €23,332 | €32,066 | +€8,733 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,526 | €6,733 | +€1,208 | +21.9% |
| Other operating charges | 640/8 | €53,683 | €47,209 | -€6,475 | -12.1% |
| Non-recurring operating charges | 66A | €1,090 | - | -€1,090 | |
| Gross operating margin | 9900 | €120,694 | €30,960 | -€89,734 | -74.3% |
| Operating profit (loss) | 9901 | €37,063 | -€55,048 | -€92,111 | |
| Financial income | 75/76B | €22,158 | €31,263 | +€9,105 | +41.1% |
| Recurring financial income | 75 | €22,158 | €31,263 | +€9,105 | +41.1% |
| Financial charges | 65/66B | €6,440 | €5,794 | -€645 | -10.0% |
| Recurring financial charges | 65 | €6,440 | €5,794 | -€645 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €52,781 | -€29,580 | -€82,361 | |
| Income taxes | 67/77 | €10,405 | €1 | -€10,404 | -100.0% |
| Profit (loss) for the period | 9904 | €42,376 | -€29,581 | -€71,957 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,376 | -€29,581 | -€71,957 |
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 30 September 2026 via checked.be.