One50: 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.
One50
Largest movements
- Tangible fixed assets -€231,088
down €231,088 (-23.0%), from €1.0m to €773,447
of which Plant, machinery and equipment: -€220,660
- Cash -€111,691
down €111,691 (-91.4%), from €122,235 to €10,544
- Stocks and contracts -€86,811
down €86,811 (-100.0%), from €86,811 to €0
- Debts after one year -€384,254
down €384,254 (-66.9%), from €574,254 to €190,000
- Provisions +€375,000
new in 2025: €375,000
- Current portion of long-term debt -€291,658
down €291,658 (-100.0%), from €291,658 to €0
- Trade debts -€100,417
down €100,417 (-75.2%), from €133,594 to €33,178
- Tax, wage and social debts -€75,413
down €75,413 (-100.0%), from €75,413 to €0
of which Remuneration and social security: -€74,385
- Gross operating margin +€444,996
up €444,996 (+102.4%), from €434,555 to €879,551
- Provisions +€375,000
new in 2025: €375,000
- Staff costs +€116,034
up €116,034 (+36.2%), from €320,330 to €436,364
- Other operating charges +€19,502
up €19,502 (+185.7%), from €10,502 to €30,005
- Financial charges -€17,011
down €17,011 (-58.1%), from €29,282 to €12,272
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,251,490 | €812,299 | -€439,191 | -35.1% |
| Fixed assets | 21/28 | €1,005,499 | €774,412 | -€231,088 | -23.0% |
| Tangible fixed assets | 22/27 | €1,004,534 | €773,447 | -€231,088 | -23.0% |
| Land and buildings | 22 | €782,567 | €773,447 | -€9,121 | -1.2% |
| Plant, machinery and equipment | 23 | €220,660 | €0 | -€220,660 | -100.0% |
| Furniture and vehicles | 24 | €1,307 | €0 | -€1,307 | -100.0% |
| Financial fixed assets | 28 | €965 | €965 | = | 0.0% |
| Current assets | 29/58 | €245,991 | €37,887 | -€208,103 | -84.6% |
| Stocks and contracts in progress | 3 | €86,811 | €0 | -€86,811 | -100.0% |
| Stocks | 30/36 | €86,811 | €0 | -€86,811 | -100.0% |
| Amounts receivable within one year | 40/41 | €36,945 | €27,344 | -€9,601 | -26.0% |
| Trade receivables | 40 | €118 | €18,993 | +€18,875 | +15995.4% |
| Other amounts receivable | 41 | €36,827 | €8,351 | -€28,476 | -77.3% |
| Cash at bank and in hand | 54/58 | €122,235 | €10,544 | -€111,691 | -91.4% |
| Total equity and liabilities | 10/49 | €1,251,490 | €812,299 | -€439,191 | -35.1% |
| Equity | 10/15 | €11,332 | €29,113 | +€17,782 | +156.9% |
| Contributions | 10/11 | €6,210 | €6,210 | = | 0.0% |
| Reserves | 13 | €38,996 | €38,996 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €38,996 | €38,996 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,875 | -€16,093 | +€17,782 | +52.5% |
| Provisions and deferred taxes | 16 | - | €375,000 | +€375,000 | |
| Provisions for liabilities and charges | 160/5 | - | €375,000 | +€375,000 | |
| Other liabilities and charges | 164/5 | - | €375,000 | +€375,000 | |
| Amounts payable | 17/49 | €1,240,159 | €408,186 | -€831,973 | -67.1% |
| Amounts payable after more than one year | 17 | €574,254 | €190,000 | -€384,254 | -66.9% |
| Financial debts | 170/4 | €574,254 | €190,000 | -€384,254 | -66.9% |
| Amounts payable within one year | 42/48 | €633,237 | €138,186 | -€495,051 | -78.2% |
| Current portion of amounts payable after more than one year | 42 | €291,658 | €0 | -€291,658 | -100.0% |
| Trade debts | 44 | €133,594 | €33,178 | -€100,417 | -75.2% |
| Suppliers | 440/4 | €133,594 | €33,178 | -€100,417 | -75.2% |
| Taxes, remuneration and social security | 45 | €75,413 | €0 | -€75,413 | -100.0% |
| Taxes | 450/3 | €1,028 | €0 | -€1,028 | -100.0% |
| Remuneration and social security | 454/9 | €74,385 | €0 | -€74,385 | -100.0% |
| Other amounts payable | 47/48 | €132,571 | €105,008 | -€27,562 | -20.8% |
| Accrued charges and deferred income | 492/3 | €32,668 | €80,000 | +€47,332 | +144.9% |
| Non-recurring operating income | 76A | €827 | €0 | -€827 | -100.0% |
| Remuneration, social security and pensions | 62 | €320,330 | €436,364 | +€116,034 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,099 | €9,121 | -€16,979 | -65.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,167 | €3,733 | -€6,434 | -63.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €375,000 | +€375,000 | |
| Other operating charges | 640/8 | €10,502 | €30,005 | +€19,502 | +185.7% |
| Gross operating margin | 9900 | €434,555 | €879,551 | +€444,996 | +102.4% |
| Operating profit (loss) | 9901 | €67,456 | €25,328 | -€42,128 | -62.5% |
| Financial income | 75/76B | €703 | €4,725 | +€4,022 | +572.6% |
| Recurring financial income | 75 | €703 | €4,725 | +€4,022 | +572.6% |
| Financial charges | 65/66B | €29,282 | €12,272 | -€17,011 | -58.1% |
| Recurring financial charges | 65 | €29,282 | €12,272 | -€17,011 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €38,876 | €17,782 | -€21,095 | -54.3% |
| Profit (loss) for the period | 9904 | €38,876 | €17,782 | -€21,095 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,876 | €17,782 | -€21,095 | -54.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.