ONR STEEL: what changed
ONR STEEL
Largest movements
- Stocks and contracts +€194,115
up €194,115 (+1,292%), from €15,022 to €209,137
- Receivables within one year -€83,907
down €83,907 (-29.0%), from €288,933 to €205,026
of which Trade receivables: -€65,751
- Cash -€32,688
down €32,688 (-2.8%), from €1.2m to €1.2m
mainly Stocks and contracts (-€194,115) and Tax, wage and social debts (-€58,213)
- Profit (loss) carried forward +€71,027
up €71,027 (+13.7%), from €519,908 to €590,934
- Trade debts +€59,222
up €59,222 (+31.1%), from €190,265 to €249,487
- Tax, wage and social debts -€58,213
down €58,213 (-71.9%), from €80,925 to €22,711
- Gross operating margin -€252,502
down €252,502 (-73.2%), from €344,789 to €92,287
- Taxes -€63,168
down €63,168 (-78.1%), from €80,925 to €17,757
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,491,098 | €1,568,618 | +€77,520 | +5.2% |
| Current assets | 29/58 | €1,491,098 | €1,568,618 | +€77,520 | +5.2% |
| Stocks and contracts in progress | 3 | €15,022 | €209,137 | +€194,115 | +1,292% |
| Stocks | 30/36 | €15,022 | €209,137 | +€194,115 | +1,292% |
| Amounts receivable within one year | 40/41 | €288,933 | €205,026 | -€83,907 | -29.0% |
| Trade receivables | 40 | €253,690 | €187,939 | -€65,751 | -25.9% |
| Other amounts receivable | 41 | €35,242 | €17,087 | -€18,156 | -51.5% |
| Cash at bank and in hand | 54/58 | €1,187,143 | €1,154,455 | -€32,688 | -2.8% |
| Total equity and liabilities | 10/49 | €1,491,098 | €1,568,618 | +€77,520 | +5.2% |
| Equity | 10/15 | €1,219,908 | €1,290,934 | +€71,027 | +5.8% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €519,908 | €590,934 | +€71,027 | +13.7% |
| Amounts payable | 17/49 | €271,190 | €277,683 | +€6,493 | +2.4% |
| Amounts payable within one year | 42/48 | €271,190 | €277,683 | +€6,493 | +2.4% |
| Trade debts | 44 | €190,265 | €249,487 | +€59,222 | +31.1% |
| Suppliers | 440/4 | €190,265 | €249,487 | +€59,222 | +31.1% |
| Taxes, remuneration and social security | 45 | €80,925 | €22,711 | -€58,213 | -71.9% |
| Taxes | 450/3 | €80,925 | €22,711 | -€58,213 | -71.9% |
| Other amounts payable | 47/48 | - | €5,485 | +€5,485 | |
| Other operating charges | 640/8 | €334 | €505 | +€171 | +51.2% |
| Gross operating margin | 9900 | €344,789 | €92,287 | -€252,502 | -73.2% |
| Operating profit (loss) | 9901 | €344,455 | €91,781 | -€252,673 | -73.4% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €759 | €2,998 | +€2,240 | +295% |
| Recurring financial charges | 65 | €759 | €2,998 | +€2,240 | +295% |
| Profit (loss) for the period before taxes | 9903 | €343,699 | €88,783 | -€254,916 | -74.2% |
| Income taxes | 67/77 | €80,925 | €17,757 | -€63,168 | -78.1% |
| Profit (loss) for the period | 9904 | €262,774 | €71,027 | -€191,748 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €262,774 | €71,027 | -€191,748 | -73.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.