ONDERNEMER2: 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.
ONDERNEMER2
Largest movements
- Cash -€21,155
down €21,155 (-67.9%), from €31,138 to €9,983
mainly Contributions, distributions and other (-€19,991) and Current investments (-€19,417)
- Current investments +€19,417
new in 2025: €19,417
- Receivables within one year -€5,026
down €5,026 (-3.3%), from €152,455 to €147,429
of which Trade receivables: -€10,561
- Reserves -€9,722
down €9,722 (-5.2%), from €187,844 to €178,122
- Other debts +€5,960
up €5,960 (+117%), from €5,101 to €11,061
- Gross operating margin -€11,338
down €11,338 (-44.1%), from €25,736 to €14,398
- Taxes -€3,340
down €3,340 (-38.9%), from €8,591 to €5,251
- Financial income -€744
down €744 (-11.1%), from €6,678 to €5,934
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 | €219,292 | €213,612 | -€5,680 | -2.6% |
| Fixed assets | 21/28 | €12,435 | €11,459 | -€976 | -7.9% |
| Tangible fixed assets | 22/27 | €3,135 | €2,159 | -€976 | -31.1% |
| Plant, machinery and equipment | 23 | €1,128 | €681 | -€446 | -39.6% |
| Furniture and vehicles | 24 | €782 | €420 | -€362 | -46.3% |
| Other tangible fixed assets | 26 | €1,226 | €1,058 | -€168 | -13.7% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €206,856 | €202,153 | -€4,704 | -2.3% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €152,455 | €147,429 | -€5,026 | -3.3% |
| Trade receivables | 40 | €45,073 | €34,511 | -€10,561 | -23.4% |
| Other amounts receivable | 41 | €107,382 | €112,917 | +€5,535 | +5.2% |
| Current investments | 50/53 | - | €19,417 | +€19,417 | |
| Cash at bank and in hand | 54/58 | €31,138 | €9,983 | -€21,155 | -67.9% |
| Deferred charges and accrued income | 490/1 | €8,264 | €10,324 | +€2,060 | +24.9% |
| Total equity and liabilities | 10/49 | €219,292 | €213,612 | -€5,680 | -2.6% |
| Equity | 10/15 | €201,084 | €191,362 | -€9,722 | -4.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €187,844 | €178,122 | -€9,722 | -5.2% |
| Distributable reserves | 133 | €187,844 | €178,122 | -€9,722 | -5.2% |
| Profit (loss) carried forward | 14 | €840 | €840 | = | 0.0% |
| Amounts payable | 17/49 | €18,208 | €22,250 | +€4,042 | +22.2% |
| Amounts payable within one year | 42/48 | €18,007 | €22,250 | +€4,243 | +23.6% |
| Financial debts | 43 | €2,557 | €2,538 | -€19 | -0.8% |
| Other loans | 439 | €2,557 | €2,538 | -€19 | -0.8% |
| Trade debts | 44 | €3,301 | €3,212 | -€89 | -2.7% |
| Suppliers | 440/4 | €3,301 | €3,212 | -€89 | -2.7% |
| Taxes, remuneration and social security | 45 | €7,048 | €5,439 | -€1,608 | -22.8% |
| Taxes | 450/3 | €7,048 | €5,439 | -€1,608 | -22.8% |
| Other amounts payable | 47/48 | €5,101 | €11,061 | +€5,960 | +117% |
| Accrued charges and deferred income | 492/3 | €201 | - | -€201 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €919 | €976 | +€58 | +6.3% |
| Other operating charges | 640/8 | €2,378 | €2,400 | +€22 | +0.9% |
| Gross operating margin | 9900 | €25,736 | €14,398 | -€11,338 | -44.1% |
| Operating profit (loss) | 9901 | €22,439 | €11,022 | -€11,417 | -50.9% |
| Financial income | 75/76B | €6,678 | €5,934 | -€744 | -11.1% |
| Recurring financial income | 75 | €6,678 | €5,934 | -€744 | -11.1% |
| Financial charges | 65/66B | €1,359 | €1,436 | +€77 | +5.6% |
| Recurring financial charges | 65 | €1,359 | €1,436 | +€77 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €27,758 | €15,520 | -€12,238 | -44.1% |
| Income taxes | 67/77 | €8,591 | €5,251 | -€3,340 | -38.9% |
| Profit (loss) for the period | 9904 | €19,167 | €10,269 | -€8,898 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,167 | €10,269 | -€8,898 | -46.4% |
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 18 October 2026 via checked.be.