ONE16: 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.
ONE16
Largest movements
- Cash +€63,788
up €63,788 (+29.4%), from €217,097 to €280,885
mainly Net result for the year (+€104,701) and Current portion of long-term debt (+€33,153)
- Receivables within one year +€62,261
up €62,261 (+20.6%), from €302,684 to €364,945
- Deferred charges and accrued income +€33,037
up €33,037 (+371%), from €8,904 to €41,941
- Reserves +€104,701
up €104,701 (+123%), from €85,028 to €189,729
- Current portion of long-term debt +€33,153
up €33,153 (+262%), from €12,647 to €45,800
- Tax, wage and social debts +€30,452
up €30,452 (+55.4%), from €54,957 to €85,409
of which Taxes: +€20,264
- Debts after one year -€17,550
down €17,550 (-19.0%), from €92,550 to €75,000
- Gross operating margin +€182,948
up €182,948 (+31.9%), from €573,685 to €756,632
- Staff costs +€106,909
up €106,909 (+22.5%), from €475,024 to €581,932
- Taxes +€26,520
up €26,520 (+144%), from €18,371 to €44,891
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 | €578,564 | €732,018 | +€153,454 | +26.5% |
| Fixed assets | 21/28 | €49,880 | €44,247 | -€5,633 | -11.3% |
| Tangible fixed assets | 22/27 | €41,402 | €35,673 | -€5,729 | -13.8% |
| Plant, machinery and equipment | 23 | €22,171 | €18,014 | -€4,158 | -18.8% |
| Furniture and vehicles | 24 | €19,231 | €17,660 | -€1,571 | -8.2% |
| Financial fixed assets | 28 | €8,478 | €8,574 | +€96 | +1.1% |
| Current assets | 29/58 | €528,685 | €687,771 | +€159,087 | +30.1% |
| Amounts receivable within one year | 40/41 | €302,684 | €364,945 | +€62,261 | +20.6% |
| Trade receivables | 40 | €302,684 | €364,945 | +€62,261 | +20.6% |
| Cash at bank and in hand | 54/58 | €217,097 | €280,885 | +€63,788 | +29.4% |
| Deferred charges and accrued income | 490/1 | €8,904 | €41,941 | +€33,037 | +371% |
| Total equity and liabilities | 10/49 | €578,564 | €732,018 | +€153,454 | +26.5% |
| Equity | 10/15 | €125,028 | €229,729 | +€104,701 | +83.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €85,028 | €189,729 | +€104,701 | +123% |
| Distributable reserves | 133 | €85,028 | €189,729 | +€104,701 | +123% |
| Amounts payable | 17/49 | €453,536 | €502,289 | +€48,753 | +10.7% |
| Amounts payable after more than one year | 17 | €92,550 | €75,000 | -€17,550 | -19.0% |
| Other amounts payable | 178/9 | €92,550 | €75,000 | -€17,550 | -19.0% |
| Amounts payable within one year | 42/48 | €334,563 | €394,339 | +€59,776 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €12,647 | €45,800 | +€33,153 | +262% |
| Trade debts | 44 | €266,959 | €263,130 | -€3,829 | -1.4% |
| Suppliers | 440/4 | €266,959 | €263,130 | -€3,829 | -1.4% |
| Taxes, remuneration and social security | 45 | €54,957 | €85,409 | +€30,452 | +55.4% |
| Taxes | 450/3 | €5,977 | €26,241 | +€20,264 | +339% |
| Remuneration and social security | 454/9 | €48,980 | €59,168 | +€10,189 | +20.8% |
| Accrued charges and deferred income | 492/3 | €26,424 | €32,950 | +€6,527 | +24.7% |
| Remuneration, social security and pensions | 62 | €475,024 | €581,932 | +€106,909 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,111 | €11,231 | +€119 | +1.1% |
| Other operating charges | 640/8 | €374 | €317 | -€57 | -15.2% |
| Gross operating margin | 9900 | €573,685 | €756,632 | +€182,948 | +31.9% |
| Operating profit (loss) | 9901 | €87,176 | €163,152 | +€75,976 | +87.2% |
| Financial charges | 65/66B | €15,183 | €13,560 | -€1,623 | -10.7% |
| Recurring financial charges | 65 | €15,183 | €13,560 | -€1,623 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €71,993 | €149,593 | +€77,600 | +108% |
| Income taxes | 67/77 | €18,371 | €44,891 | +€26,520 | +144% |
| Profit (loss) for the period | 9904 | €53,622 | €104,701 | +€51,079 | +95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,622 | €104,701 | +€51,079 | +95.3% |
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 16 October 2026 via checked.be.