ONDACORE: 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.
ONDACORE
Largest movements
- Cash +€16,476
up €16,476 (+440%), from €3,743 to €20,218
mainly Current portion of long-term debt (+€14,350) and Other debts (+€10,576)
- Tangible fixed assets -€5,171
down €5,171 (-36.4%), from €14,223 to €9,052
of which Plant, machinery and equipment: -€4,022
- Current portion of long-term debt +€14,350
up €14,350 (+788%), from €1,820 to €16,170
- Debts after one year -€14,000
down €14,000 (-20.0%), from €70,000 to €56,000
- Trade debts -€11,173
down €11,173 (-85.5%), from €13,072 to €1,899
- Other debts +€10,576
up €10,576 (+24.5%), from €43,140 to €53,716
- Profit (loss) carried forward +€3,917
up €3,917 (+2.2%), from €180,994 to €184,911
- Taxes +€5,472
up €5,472 (+171%), from €3,200 to €8,672
- Gross operating margin -€1,818
down €1,818 (-7.8%), from €23,331 to €21,513
- Financial charges -€1,194
down €1,194 (-20.3%), from €5,880 to €4,685
- Other operating charges -€825
down €825 (-61.3%), from €1,346 to €521
- Depreciation -€548
down €548 (-9.6%), from €5,720 to €5,171
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 | €334,133 | €342,793 | +€8,660 | +2.6% |
| Fixed assets | 21/28 | €132,256 | €127,085 | -€5,171 | -3.9% |
| Tangible fixed assets | 22/27 | €14,223 | €9,052 | -€5,171 | -36.4% |
| Plant, machinery and equipment | 23 | €10,820 | €6,798 | -€4,022 | -37.2% |
| Furniture and vehicles | 24 | €3,404 | €2,254 | -€1,149 | -33.8% |
| Financial fixed assets | 28 | €118,033 | €118,033 | = | 0.0% |
| Current assets | 29/58 | €201,877 | €215,708 | +€13,831 | +6.9% |
| Stocks and contracts in progress | 3 | €16,000 | €15,696 | -€304 | -1.9% |
| Stocks | 30/36 | €16,000 | €15,696 | -€304 | -1.9% |
| Amounts receivable within one year | 40/41 | €181,062 | €178,659 | -€2,404 | -1.3% |
| Trade receivables | 40 | €16,599 | €17,884 | +€1,285 | +7.7% |
| Other amounts receivable | 41 | €164,464 | €160,775 | -€3,689 | -2.2% |
| Cash at bank and in hand | 54/58 | €3,743 | €20,218 | +€16,476 | +440% |
| Deferred charges and accrued income | 490/1 | €1,072 | €1,135 | +€63 | +5.9% |
| Total equity and liabilities | 10/49 | €334,133 | €342,793 | +€8,660 | +2.6% |
| Equity | 10/15 | €200,146 | €204,063 | +€3,917 | +2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,752 | €6,752 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €6,752 | €6,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,994 | €184,911 | +€3,917 | +2.2% |
| Amounts payable | 17/49 | €133,987 | €138,731 | +€4,743 | +3.5% |
| Amounts payable after more than one year | 17 | €70,000 | €56,000 | -€14,000 | -20.0% |
| Other amounts payable | 178/9 | €70,000 | €56,000 | -€14,000 | -20.0% |
| Amounts payable within one year | 42/48 | €59,854 | €75,350 | +€15,496 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €1,820 | €16,170 | +€14,350 | +788% |
| Financial debts | 43 | - | €11 | +€11 | |
| Credit institutions | 430/8 | - | €11 | +€11 | |
| Trade debts | 44 | €13,072 | €1,899 | -€11,173 | -85.5% |
| Suppliers | 440/4 | €13,072 | €1,899 | -€11,173 | -85.5% |
| Taxes, remuneration and social security | 45 | €1,821 | €3,554 | +€1,733 | +95.1% |
| Taxes | 450/3 | €1,821 | €3,554 | +€1,733 | +95.1% |
| Other amounts payable | 47/48 | €43,140 | €53,716 | +€10,576 | +24.5% |
| Accrued charges and deferred income | 492/3 | €4,134 | €7,381 | +€3,247 | +78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,720 | €5,171 | -€548 | -9.6% |
| Other operating charges | 640/8 | €1,346 | €521 | -€825 | -61.3% |
| Gross operating margin | 9900 | €23,331 | €21,513 | -€1,818 | -7.8% |
| Operating profit (loss) | 9901 | €16,266 | €15,821 | -€445 | -2.7% |
| Financial income | 75/76B | €1,865 | €1,582 | -€283 | -15.2% |
| Recurring financial income | 75 | €1,865 | €1,582 | -€283 | -15.2% |
| Financial charges | 65/66B | €5,880 | €4,685 | -€1,194 | -20.3% |
| Recurring financial charges | 65 | €5,880 | €4,685 | -€1,194 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €12,251 | €12,717 | +€466 | +3.8% |
| Income taxes | 67/77 | €3,200 | €8,672 | +€5,472 | +171% |
| Profit (loss) for the period | 9904 | €9,051 | €4,045 | -€5,006 | -55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,051 | €4,045 | -€5,006 | -55.3% |
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 1 November 2026 via checked.be.