ONDERTOON: 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.
ONDERTOON
Largest movements
- Cash +€40,142
up €40,142 (+129.4%), from €31,026 to €71,167
mainly Net result for the year (+€37,550) and Depreciation (+€9,870)
- Tangible fixed assets -€9,870
down €9,870 (-25.3%), from €38,946 to €29,076
of which Leasing and similar rights: -€8,500
- Receivables within one year -€6,197
down €6,197 (-35.6%), from €17,424 to €11,227
- Profit (loss) carried forward +€37,550
new in 2025: €37,550
- Debts after one year -€8,584
down €8,584 (-31.3%), from €27,396 to €18,812
- Tax, wage and social debts -€6,709
down €6,709 (-58.2%), from €11,529 to €4,820
- Other debts +€2,163
up €2,163 (+20.3%), from €10,668 to €12,831
- Gross operating margin +€18,120
up €18,120 (+43.1%), from €42,075 to €60,195
- Taxes +€3,902
up €3,902 (+52.4%), from €7,445 to €11,347
- Depreciation +€2,205
up €2,205 (+28.8%), from €7,664 to €9,870
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 | €87,396 | €111,941 | +€24,546 | +28.1% |
| Fixed assets | 21/28 | €38,946 | €29,076 | -€9,870 | -25.3% |
| Tangible fixed assets | 22/27 | €38,946 | €29,076 | -€9,870 | -25.3% |
| Furniture and vehicles | 24 | €3,519 | €2,149 | -€1,370 | -38.9% |
| Leasing and similar rights | 25 | €35,427 | €26,927 | -€8,500 | -24.0% |
| Current assets | 29/58 | €48,450 | €82,865 | +€34,416 | +71.0% |
| Amounts receivable within one year | 40/41 | €17,424 | €11,227 | -€6,197 | -35.6% |
| Trade receivables | 40 | €17,424 | €11,227 | -€6,197 | -35.6% |
| Cash at bank and in hand | 54/58 | €31,026 | €71,167 | +€40,142 | +129.4% |
| Deferred charges and accrued income | 490/1 | - | €471 | +€471 | |
| Total equity and liabilities | 10/49 | €87,396 | €111,941 | +€24,546 | +28.1% |
| Equity | 10/15 | €28,610 | €66,160 | +€37,550 | +131.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,610 | €25,610 | = | 0.0% |
| Distributable reserves | 133 | €25,610 | €25,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €37,550 | +€37,550 | |
| Amounts payable | 17/49 | €58,785 | €45,781 | -€13,004 | -22.1% |
| Amounts payable after more than one year | 17 | €27,396 | €18,812 | -€8,584 | -31.3% |
| Financial debts | 170/4 | €27,396 | €18,812 | -€8,584 | -31.3% |
| Amounts payable within one year | 42/48 | €31,389 | €26,970 | -€4,420 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €8,240 | €8,477 | +€237 | +2.9% |
| Trade debts | 44 | €953 | €841 | -€111 | -11.7% |
| Suppliers | 440/4 | €953 | €841 | -€111 | -11.7% |
| Taxes, remuneration and social security | 45 | €11,529 | €4,820 | -€6,709 | -58.2% |
| Taxes | 450/3 | €11,529 | €4,820 | -€6,709 | -58.2% |
| Other amounts payable | 47/48 | €10,668 | €12,831 | +€2,163 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,664 | €9,870 | +€2,205 | +28.8% |
| Other operating charges | 640/8 | €771 | €849 | +€78 | +10.2% |
| Gross operating margin | 9900 | €42,075 | €60,195 | +€18,120 | +43.1% |
| Operating profit (loss) | 9901 | €33,639 | €49,476 | +€15,837 | +47.1% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €584 | €595 | +€11 | +1.9% |
| Recurring financial charges | 65 | €584 | €595 | +€11 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €33,055 | €48,897 | +€15,841 | +47.9% |
| Income taxes | 67/77 | €7,445 | €11,347 | +€3,902 | +52.4% |
| Profit (loss) for the period | 9904 | €25,610 | €37,550 | +€11,940 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,610 | €37,550 | +€11,940 | +46.6% |
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 3 October 2026 via checked.be.