ONE2: 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.
ONE2
Largest movements
- Tangible fixed assets -€13,826
down €13,826 (-17.5%), from €79,204 to €65,378
of which Furniture and vehicles: -€9,715
- Stocks and contracts -€4,476
down €4,476 (-2.7%), from €164,850 to €160,374
- Cash +€3,150
up €3,150 (+27.0%), from €11,682 to €14,831
mainly Depreciation (+€14,616) and Net result for the year (+€14,535)
- Other debts -€27,792
down €27,792 (-7.8%), from €354,266 to €326,474
- Profit (loss) carried forward +€14,535
up €14,535 (+4.3%), from -€335,813 to -€321,278
- Debts after one year -€8,938
down €8,938 (-8.5%), from €104,765 to €95,826
of which Financial debts: -€8,938
- Short-term financial debts +€3,407
new in 2025: €3,407
- Gross operating margin +€10,280
up €10,280 (+11.6%), from €88,872 to €99,153
- Staff costs +€3,225
up €3,225 (+6.7%), from €48,488 to €51,713
- Financial charges +€2,005
up €2,005 (+67.4%), from €2,975 to €4,980
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 | €262,031 | €247,886 | -€14,146 | -5.4% |
| Fixed assets | 21/28 | €79,204 | €65,378 | -€13,826 | -17.5% |
| Tangible fixed assets | 22/27 | €79,204 | €65,378 | -€13,826 | -17.5% |
| Land and buildings | 22 | €22,712 | €19,087 | -€3,625 | -16.0% |
| Plant, machinery and equipment | 23 | €4,451 | €3,965 | -€486 | -10.9% |
| Furniture and vehicles | 24 | €52,041 | €42,326 | -€9,715 | -18.7% |
| Current assets | 29/58 | €182,828 | €182,508 | -€320 | -0.2% |
| Stocks and contracts in progress | 3 | €164,850 | €160,374 | -€4,476 | -2.7% |
| Stocks | 30/36 | €164,850 | €160,374 | -€4,476 | -2.7% |
| Amounts receivable within one year | 40/41 | - | €47 | +€47 | |
| Other amounts receivable | 41 | - | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €11,682 | €14,831 | +€3,150 | +27.0% |
| Deferred charges and accrued income | 490/1 | €6,296 | €7,256 | +€960 | +15.3% |
| Total equity and liabilities | 10/49 | €262,031 | €247,886 | -€14,146 | -5.4% |
| Equity | 10/15 | -€230,813 | -€216,278 | +€14,535 | +6.3% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€335,813 | -€321,278 | +€14,535 | +4.3% |
| Amounts payable | 17/49 | €492,844 | €464,164 | -€28,681 | -5.8% |
| Amounts payable after more than one year | 17 | €104,765 | €95,826 | -€8,938 | -8.5% |
| Financial debts | 170/4 | €19,765 | €10,826 | -€8,938 | -45.2% |
| Other amounts payable | 178/9 | €85,000 | €85,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €388,080 | €366,827 | -€21,253 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €9,013 | €8,938 | -€75 | -0.8% |
| Financial debts | 43 | - | €3,407 | +€3,407 | |
| Credit institutions | 430/8 | - | €3,407 | +€3,407 | |
| Trade debts | 44 | €8,403 | €9,199 | +€796 | +9.5% |
| Suppliers | 440/4 | €8,403 | €9,199 | +€796 | +9.5% |
| Taxes, remuneration and social security | 45 | €16,397 | €18,808 | +€2,411 | +14.7% |
| Taxes | 450/3 | €14,698 | €13,821 | -€877 | -6.0% |
| Remuneration and social security | 454/9 | €1,700 | €4,988 | +€3,288 | +193.4% |
| Other amounts payable | 47/48 | €354,266 | €326,474 | -€27,792 | -7.8% |
| Accrued charges and deferred income | 492/3 | - | €1,511 | +€1,511 | |
| Remuneration, social security and pensions | 62 | €48,488 | €51,713 | +€3,225 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,693 | €14,616 | +€923 | +6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,816 | €10,858 | +€42 | +0.4% |
| Other operating charges | 640/8 | €2,261 | €2,310 | +€49 | +2.2% |
| Gross operating margin | 9900 | €88,872 | €99,153 | +€10,280 | +11.6% |
| Operating profit (loss) | 9901 | €13,615 | €19,656 | +€6,041 | +44.4% |
| Financial income | 75/76B | €351 | - | -€351 | |
| Recurring financial income | 75 | €351 | - | -€351 | |
| Financial charges | 65/66B | €2,975 | €4,980 | +€2,005 | +67.4% |
| Recurring financial charges | 65 | €2,975 | €4,980 | +€2,005 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | €10,990 | €14,676 | +€3,686 | +33.5% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €10,851 | €14,535 | +€3,684 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,851 | €14,535 | +€3,684 | +34.0% |
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 6 October 2026 via checked.be.