ONETEC: 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.
ONETEC
Largest movements
- Receivables within one year +€90,539
up €90,539 (+37.4%), from €242,358 to €332,897
of which Trade receivables: +€92,588
- Cash -€69,132
down €69,132 (-36.7%), from €188,607 to €119,475
mainly Current portion of long-term debt (-€232,479) and Net result for the year (-€110,315)
- Tangible fixed assets -€30,402
down €30,402 (-36.3%), from €83,718 to €53,316
of which Furniture and vehicles: -€28,785
- Financial fixed assets -€19,880
down €19,880 (-88.2%), from €22,543 to €2,663
- Deferred charges and accrued income +€6,749
up €6,749 (+108.5%), from €6,219 to €12,968
- Current portion of long-term debt -€232,479
down €232,479 (-84.6%), from €274,651 to €42,172
- Debts after one year +€201,549
up €201,549 (+114.4%), from €176,185 to €377,734
- Trade debts +€187,963
up €187,963 (+101.3%), from €185,471 to €373,434
- Profit (loss) carried forward -€110,315
down €110,315 (-20.4%), from -€540,794 to -€651,109
- Tax, wage and social debts -€80,869
down €80,869 (-44.6%), from €181,459 to €100,590
of which Remuneration and social security: -€60,233
- Gross operating margin -€258,548
down €258,548 (-29.8%), from €867,631 to €609,083
- Staff costs -€225,866
down €225,866 (-26.9%), from €840,658 to €614,792
- Depreciation -€28,030
down €28,030 (-43.5%), from €64,497 to €36,467
- Financial charges +€26,325
up €26,325 (+92.5%), from €28,458 to €54,783
of which Non-recurring financial charges: +€22,119
- Taxes +€16,793
up €16,793, from -€12,951 to €3,842
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 | €580,204 | €557,937 | -€22,267 | -3.8% |
| Fixed assets | 21/28 | €106,261 | €59,717 | -€46,544 | -43.8% |
| Intangible fixed assets | 21 | - | €3,738 | +€3,738 | |
| Tangible fixed assets | 22/27 | €83,718 | €53,316 | -€30,402 | -36.3% |
| Plant, machinery and equipment | 23 | €4,419 | €3,393 | -€1,026 | -23.2% |
| Furniture and vehicles | 24 | €77,917 | €49,132 | -€28,785 | -36.9% |
| Leasing and similar rights | 25 | €1,382 | €791 | -€591 | -42.8% |
| Financial fixed assets | 28 | €22,543 | €2,663 | -€19,880 | -88.2% |
| Current assets | 29/58 | €473,943 | €498,220 | +€24,277 | +5.1% |
| Stocks and contracts in progress | 3 | €36,759 | €32,880 | -€3,879 | -10.6% |
| Stocks | 30/36 | €36,759 | €32,880 | -€3,879 | -10.6% |
| Amounts receivable within one year | 40/41 | €242,358 | €332,897 | +€90,539 | +37.4% |
| Trade receivables | 40 | €240,239 | €332,827 | +€92,588 | +38.5% |
| Other amounts receivable | 41 | €2,119 | €70 | -€2,049 | -96.7% |
| Cash at bank and in hand | 54/58 | €188,607 | €119,475 | -€69,132 | -36.7% |
| Deferred charges and accrued income | 490/1 | €6,219 | €12,968 | +€6,749 | +108.5% |
| Total equity and liabilities | 10/49 | €580,204 | €557,937 | -€22,267 | -3.8% |
| Equity | 10/15 | -€351,144 | -€461,459 | -€110,315 | -31.4% |
| Contributions | 10/11 | €169,000 | €169,000 | = | 0.0% |
| Reserves | 13 | €20,650 | €20,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€540,794 | -€651,109 | -€110,315 | -20.4% |
| Amounts payable | 17/49 | €931,348 | €1,019,396 | +€88,048 | +9.5% |
| Amounts payable after more than one year | 17 | €176,185 | €377,734 | +€201,549 | +114.4% |
| Trade debts | 175 | €176,185 | €377,734 | +€201,549 | +114.4% |
| Amounts payable within one year | 42/48 | €741,581 | €616,196 | -€125,385 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €274,651 | €42,172 | -€232,479 | -84.6% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €185,471 | €373,434 | +€187,963 | +101.3% |
| Suppliers | 440/4 | €185,471 | €373,434 | +€187,963 | +101.3% |
| Taxes, remuneration and social security | 45 | €181,459 | €100,590 | -€80,869 | -44.6% |
| Taxes | 450/3 | €47,688 | €27,052 | -€20,636 | -43.3% |
| Remuneration and social security | 454/9 | €133,771 | €73,538 | -€60,233 | -45.0% |
| Accrued charges and deferred income | 492/3 | €13,582 | €25,466 | +€11,884 | +87.5% |
| Non-recurring operating income | 76A | €17,073 | €78,316 | +€61,243 | +358.7% |
| Remuneration, social security and pensions | 62 | €840,658 | €614,792 | -€225,866 | -26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,497 | €36,467 | -€28,030 | -43.5% |
| Other operating charges | 640/8 | €3,759 | €7,133 | +€3,374 | +89.8% |
| Non-recurring operating charges | 66A | €7,648 | €2,385 | -€5,263 | -68.8% |
| Gross operating margin | 9900 | €867,631 | €609,083 | -€258,548 | -29.8% |
| Operating profit (loss) | 9901 | -€48,931 | -€51,694 | -€2,763 | -5.6% |
| Financial income | 75/76B | €2,378 | €4 | -€2,374 | -99.8% |
| Recurring financial income | 75 | €2,378 | €4 | -€2,374 | -99.8% |
| Financial charges | 65/66B | €28,458 | €54,783 | +€26,325 | +92.5% |
| Recurring financial charges | 65 | €28,458 | €32,664 | +€4,206 | +14.8% |
| Non-recurring financial charges | 66B | - | €22,119 | +€22,119 | |
| Profit (loss) for the period before taxes | 9903 | -€75,011 | -€106,473 | -€31,462 | -41.9% |
| Income taxes | 67/77 | -€12,951 | €3,842 | +€16,793 | |
| Profit (loss) for the period | 9904 | -€62,060 | -€110,315 | -€48,255 | -77.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,060 | -€110,315 | -€48,255 | -77.8% |
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 10 October 2026 via checked.be.