ONGENA: 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.
ONGENA
Largest movements
- Receivables within one year -€12,477
down €12,477 (-14.4%), from €86,646 to €74,170
of which Trade receivables: -€12,300
- Cash +€11,162
up €11,162 (+2564.7%), from €435 to €11,597
mainly Net result for the year (+€26,522) and Other debts (+€15,900)
- Tangible fixed assets -€6,549
down €6,549 (-60.0%), from €10,916 to €4,367
of which Plant, machinery and equipment: -€4,549
- Trade debts -€40,648
down €40,648 (-71.8%), from €56,640 to €15,993
- Profit (loss) carried forward +€26,522
up €26,522 (+14.9%), from €178,027 to €204,548
- Other debts +€15,900
up €15,900 (+414.1%), from €3,840 to €19,740
- Debts after one year -€12,080
no longer reported in 2025 (was €12,080)
- Tax, wage and social debts +€8,077
up €8,077 (+27.4%), from €29,485 to €37,562
- Gross operating margin -€75,668
down €75,668 (-63.2%), from €119,651 to €43,983
- Taxes -€17,665
down €17,665 (-64.4%), from €27,424 to €9,759
- Depreciation -€2,284
down €2,284 (-25.9%), from €8,833 to €6,549
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 | €307,788 | €299,924 | -€7,864 | -2.6% |
| Fixed assets | 21/28 | €220,706 | €214,157 | -€6,549 | -3.0% |
| Tangible fixed assets | 22/27 | €10,916 | €4,367 | -€6,549 | -60.0% |
| Plant, machinery and equipment | 23 | €4,549 | - | -€4,549 | |
| Furniture and vehicles | 24 | €6,367 | €4,367 | -€2,000 | -31.4% |
| Financial fixed assets | 28 | €209,790 | €209,790 | = | 0.0% |
| Current assets | 29/58 | €87,081 | €85,766 | -€1,315 | -1.5% |
| Amounts receivable within one year | 40/41 | €86,646 | €74,170 | -€12,477 | -14.4% |
| Trade receivables | 40 | €86,386 | €74,086 | -€12,300 | -14.2% |
| Other amounts receivable | 41 | €260 | €84 | -€176 | -67.7% |
| Cash at bank and in hand | 54/58 | €435 | €11,597 | +€11,162 | +2564.7% |
| Total equity and liabilities | 10/49 | €307,788 | €299,924 | -€7,864 | -2.6% |
| Equity | 10/15 | €188,027 | €214,548 | +€26,522 | +14.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €178,027 | €204,548 | +€26,522 | +14.9% |
| Amounts payable | 17/49 | €119,761 | €85,375 | -€34,386 | -28.7% |
| Amounts payable after more than one year | 17 | €12,080 | - | -€12,080 | |
| Financial debts | 170/4 | €12,080 | - | -€12,080 | |
| Amounts payable within one year | 42/48 | €107,681 | €85,375 | -€22,306 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €17,716 | €12,080 | -€5,636 | -31.8% |
| Trade debts | 44 | €56,640 | €15,993 | -€40,648 | -71.8% |
| Suppliers | 440/4 | €56,640 | €15,993 | -€40,648 | -71.8% |
| Taxes, remuneration and social security | 45 | €29,485 | €37,562 | +€8,077 | +27.4% |
| Taxes | 450/3 | €29,485 | €37,562 | +€8,077 | +27.4% |
| Other amounts payable | 47/48 | €3,840 | €19,740 | +€15,900 | +414.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,833 | €6,549 | -€2,284 | -25.9% |
| Other operating charges | 640/8 | €272 | €288 | +€16 | +5.9% |
| Gross operating margin | 9900 | €119,651 | €43,983 | -€75,668 | -63.2% |
| Operating profit (loss) | 9901 | €110,546 | €37,145 | -€73,400 | -66.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,123 | €864 | -€259 | -23.1% |
| Recurring financial charges | 65 | €1,123 | €864 | -€259 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €109,424 | €36,281 | -€73,142 | -66.8% |
| Income taxes | 67/77 | €27,424 | €9,759 | -€17,665 | -64.4% |
| Profit (loss) for the period | 9904 | €82,000 | €26,522 | -€55,478 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,000 | €26,522 | -€55,478 | -67.7% |
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 12 October 2026 via checked.be.