ONE C: 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.
ONE C
Largest movements
- Tangible fixed assets +€12,343
up €12,343 (+22.7%), from €54,261 to €66,603
of which Leasing and similar rights: +€12,961
- Receivables within one year +€5,411
up €5,411 (+417.1%), from €1,297 to €6,708
of which Trade receivables: +€5,956
- Cash -€1,969
down €1,969 (-19.3%), from €10,182 to €8,214
mainly Debts after one year (-€39,927) and Investment in fixed assets (net) (-€28,041)
- Deferred charges and accrued income -€1,709
down €1,709 (-60.2%), from €2,836 to €1,128
- Stocks and contracts -€918
down €918 (-48.6%), from €1,889 to €971
- Debts after one year -€39,927
down €39,927 (-84.1%), from €47,500 to €7,573
- Other debts +€34,924
up €34,924 (+4870.7%), from €717 to €35,641
- Profit (loss) carried forward +€6,096
up €6,096 (+49.5%), from -€12,324 to -€6,228
- Trade debts +€5,647
up €5,647 (+1891.5%), from €299 to €5,946
- Current portion of long-term debt +€3,154
new in 2025: €3,154
- Gross operating margin +€24,115
up €24,115 (+841.0%), from €2,867 to €26,982
- Financial charges +€3,537
up €3,537 (+1229.8%), from €288 to €3,825
- Depreciation +€3,133
up €3,133 (+23.3%), from €13,459 to €16,592
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 | €73,257 | €85,521 | +€12,264 | +16.7% |
| Formation expenses | 20 | €1,436 | €994 | -€442 | -30.8% |
| Fixed assets | 21/28 | €55,616 | €67,507 | +€11,891 | +21.4% |
| Intangible fixed assets | 21 | €1,305 | €904 | -€401 | -30.7% |
| Tangible fixed assets | 22/27 | €54,261 | €66,603 | +€12,343 | +22.7% |
| Plant, machinery and equipment | 23 | €51,321 | €47,209 | -€4,113 | -8.0% |
| Furniture and vehicles | 24 | €2,939 | €5,195 | +€2,256 | +76.7% |
| Leasing and similar rights | 25 | - | €12,961 | +€12,961 | |
| Other tangible fixed assets | 26 | - | €1,239 | +€1,239 | |
| Financial fixed assets | 28 | €50 | €0 | -€50 | -100.0% |
| Current assets | 29/58 | €16,205 | €17,020 | +€815 | +5.0% |
| Stocks and contracts in progress | 3 | €1,889 | €971 | -€918 | -48.6% |
| Stocks | 30/36 | €1,889 | €971 | -€918 | -48.6% |
| Amounts receivable within one year | 40/41 | €1,297 | €6,708 | +€5,411 | +417.1% |
| Trade receivables | 40 | €95 | €6,051 | +€5,956 | +6269.2% |
| Other amounts receivable | 41 | €1,202 | €657 | -€545 | -45.3% |
| Cash at bank and in hand | 54/58 | €10,182 | €8,214 | -€1,969 | -19.3% |
| Deferred charges and accrued income | 490/1 | €2,836 | €1,128 | -€1,709 | -60.2% |
| Total equity and liabilities | 10/49 | €73,257 | €85,521 | +€12,264 | +16.7% |
| Equity | 10/15 | €22,676 | €28,772 | +€6,096 | +26.9% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,324 | -€6,228 | +€6,096 | +49.5% |
| Amounts payable | 17/49 | €50,581 | €56,749 | +€6,168 | +12.2% |
| Amounts payable after more than one year | 17 | €47,500 | €7,573 | -€39,927 | -84.1% |
| Financial debts | 170/4 | €47,500 | €7,573 | -€39,927 | -84.1% |
| Amounts payable within one year | 42/48 | €1,016 | €44,740 | +€43,725 | +4305.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,154 | +€3,154 | |
| Trade debts | 44 | €299 | €5,946 | +€5,647 | +1891.5% |
| Suppliers | 440/4 | €299 | €5,946 | +€5,647 | +1891.5% |
| Other amounts payable | 47/48 | €717 | €35,641 | +€34,924 | +4870.7% |
| Accrued charges and deferred income | 492/3 | €2,066 | €4,436 | +€2,371 | +114.8% |
| Remuneration, social security and pensions | 62 | - | €69 | +€69 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,459 | €16,592 | +€3,133 | +23.3% |
| Other operating charges | 640/8 | €524 | €400 | -€125 | -23.7% |
| Gross operating margin | 9900 | €2,867 | €26,982 | +€24,115 | +841.0% |
| Operating profit (loss) | 9901 | -€11,116 | €9,921 | +€21,037 | |
| Financial income | 75/76B | €72 | €0 | -€72 | -100.0% |
| Recurring financial income | 75 | €72 | €0 | -€72 | -100.0% |
| Financial charges | 65/66B | €288 | €3,825 | +€3,537 | +1229.8% |
| Recurring financial charges | 65 | €288 | €3,825 | +€3,537 | +1229.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,332 | €6,096 | +€17,428 | |
| Profit (loss) for the period | 9904 | -€11,332 | €6,096 | +€17,428 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,332 | €6,096 | +€17,428 |
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.