OnCore: 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.
OnCore
Largest movements
- Receivables within one year +€79,181
up €79,181 (+10.7%), from €742,704 to €821,886
of which Other amounts receivable: +€49,180
- Tangible fixed assets +€14,150
up €14,150 (+102.9%), from €13,749 to €27,900
- Stocks and contracts +€11,614
new in 2025: €11,614
- Reserves +€227,000
up €227,000 (+248.2%), from €91,467 to €318,467
of which Distributable reserves: +€227,000
- Trade debts -€196,054
down €196,054 (-47.1%), from €416,594 to €220,541
- Tax, wage and social debts +€124,625
up €124,625 (+116.1%), from €107,370 to €231,995
of which Taxes: +€116,183
- Other debts -€43,610
no longer reported in 2025 (was €43,610)
- Gross operating margin +€327,679
up €327,679 (+29.0%), from €1.1m to €1.5m
- Purchases and services -€316,007
down €316,007 (-19.1%), from €1.7m to €1.3m
- Staff costs +€144,712
up €144,712 (+15.1%), from €957,782 to €1.1m
- Taxes +€90,055
up €90,055 (+2834.0%), from €3,178 to €93,233
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 | €771,074 | €880,832 | +€109,758 | +14.2% |
| Fixed assets | 21/28 | €13,749 | €27,900 | +€14,150 | +102.9% |
| Tangible fixed assets | 22/27 | €13,749 | €27,900 | +€14,150 | +102.9% |
| Plant, machinery and equipment | 23 | €13,749 | €27,900 | +€14,150 | +102.9% |
| Current assets | 29/58 | €757,324 | €852,932 | +€95,608 | +12.6% |
| Stocks and contracts in progress | 3 | - | €11,614 | +€11,614 | |
| Contracts in progress | 37 | - | €11,614 | +€11,614 | |
| Amounts receivable within one year | 40/41 | €742,704 | €821,886 | +€79,181 | +10.7% |
| Trade receivables | 40 | €465,986 | €495,987 | +€30,001 | +6.4% |
| Other amounts receivable | 41 | €276,719 | €325,899 | +€49,180 | +17.8% |
| Cash at bank and in hand | 54/58 | €7,293 | €10,139 | +€2,846 | +39.0% |
| Deferred charges and accrued income | 490/1 | €7,327 | €9,293 | +€1,966 | +26.8% |
| Total equity and liabilities | 10/49 | €771,074 | €880,832 | +€109,758 | +14.2% |
| Equity | 10/15 | €196,522 | €423,491 | +€226,969 | +115.5% |
| Contributions | 10/11 | €104,671 | €104,671 | = | 0.0% |
| Capital | 10 | €104,671 | €104,671 | = | 0.0% |
| Issued capital | 100 | €104,671 | €104,671 | = | 0.0% |
| Reserves | 13 | €91,467 | €318,467 | +€227,000 | +248.2% |
| Non-distributable reserves | 130/1 | €10,467 | €10,467 | = | 0.0% |
| Legal reserve | 130 | €10,467 | €10,467 | = | 0.0% |
| Distributable reserves | 133 | €81,000 | €308,000 | +€227,000 | +280.2% |
| Profit (loss) carried forward | 14 | €384 | €353 | -€31 | -8.1% |
| Provisions and deferred taxes | 16 | - | €252 | +€252 | |
| Provisions for liabilities and charges | 160/5 | - | €252 | +€252 | |
| Pensions and similar obligations | 160 | - | €252 | +€252 | |
| Amounts payable | 17/49 | €574,552 | €457,089 | -€117,463 | -20.4% |
| Amounts payable within one year | 42/48 | €567,574 | €452,536 | -€115,038 | -20.3% |
| Trade debts | 44 | €416,594 | €220,541 | -€196,054 | -47.1% |
| Suppliers | 440/4 | €416,594 | €220,541 | -€196,054 | -47.1% |
| Taxes, remuneration and social security | 45 | €107,370 | €231,995 | +€124,625 | +116.1% |
| Taxes | 450/3 | €4,797 | €120,980 | +€116,183 | +2422.1% |
| Remuneration and social security | 454/9 | €102,573 | €111,015 | +€8,442 | +8.2% |
| Other amounts payable | 47/48 | €43,610 | - | -€43,610 | |
| Accrued charges and deferred income | 492/3 | €6,979 | €4,554 | -€2,425 | -34.7% |
| Turnover | 70 | €2,777,557 | €2,771,511 | -€6,046 | -0.2% |
| Non-recurring operating income | 76A | €348 | €169 | -€180 | -51.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,652,256 | €1,336,249 | -€316,007 | -19.1% |
| Remuneration, social security and pensions | 62 | €957,782 | €1,102,493 | +€144,712 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,853 | €10,746 | -€2,107 | -16.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €252 | +€252 | |
| Other operating charges | 640/8 | €2,045 | €4,158 | +€2,112 | +103.3% |
| Non-recurring operating charges | 66A | €44,402 | - | -€44,402 | |
| Gross operating margin | 9900 | €1,129,909 | €1,457,588 | +€327,679 | +29.0% |
| Operating profit (loss) | 9901 | €112,828 | €339,939 | +€227,111 | +201.3% |
| Financial income | 75/76B | €5,964 | €1,507 | -€4,457 | -74.7% |
| Recurring financial income | 75 | €5,964 | €1,507 | -€4,457 | -74.7% |
| Financial charges | 65/66B | €23,764 | €21,245 | -€2,519 | -10.6% |
| Recurring financial charges | 65 | €23,764 | €21,245 | -€2,519 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €95,028 | €320,202 | +€225,173 | +237.0% |
| Income taxes | 67/77 | €3,178 | €93,233 | +€90,055 | +2834.0% |
| Profit (loss) for the period | 9904 | €91,851 | €226,969 | +€135,118 | +147.1% |
| Profit (loss) for the period to be appropriated | 9905 | €91,851 | €226,969 | +€135,118 | +147.1% |
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 9 October 2026 via checked.be.