ONS: 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.
ONS
Largest movements
- Receivables within one year +€9,028
up €9,028 (+6.7%), from €135,392 to €144,420
of which Other amounts receivable: +€24,164
- Tangible fixed assets +€6,571
up €6,571 (+127.4%), from €5,157 to €11,727
of which Furniture and vehicles: +€7,750
- Cash -€3,805
down €3,805 (-8.2%), from €46,172 to €42,367
mainly Investment in fixed assets (net) (-€12,332) and Receivables within one year (-€9,028)
- Reserves +€14,319
up €14,319 (+17.8%), from €80,300 to €94,619
of which Distributable reserves: +€14,319
- Staff costs +€5,391
up €5,391 (+1381.5%), from €390 to €5,782
- Depreciation +€4,007
up €4,007 (+228.4%), from €1,754 to €5,762
- Gross operating margin +€3,762
up €3,762 (+10.5%), from €35,778 to €39,540
- Taxes -€1,530
down €1,530 (-16.1%), from €9,513 to €7,982
- Financial charges +€631
up €631 (+161.6%), from €390 to €1,021
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 | €220,945 | €232,351 | +€11,406 | +5.2% |
| Fixed assets | 21/28 | €38,892 | €45,462 | +€6,571 | +16.9% |
| Tangible fixed assets | 22/27 | €5,157 | €11,727 | +€6,571 | +127.4% |
| Plant, machinery and equipment | 23 | - | €1,245 | +€1,245 | |
| Furniture and vehicles | 24 | €1,464 | €9,214 | +€7,750 | +529.3% |
| Other tangible fixed assets | 26 | €3,693 | €1,268 | -€2,424 | -65.7% |
| Financial fixed assets | 28 | €33,735 | €33,735 | = | 0.0% |
| Current assets | 29/58 | €182,053 | €186,889 | +€4,835 | +2.7% |
| Amounts receivable within one year | 40/41 | €135,392 | €144,420 | +€9,028 | +6.7% |
| Trade receivables | 40 | €25,016 | €9,881 | -€15,135 | -60.5% |
| Other amounts receivable | 41 | €110,376 | €134,540 | +€24,164 | +21.9% |
| Cash at bank and in hand | 54/58 | €46,172 | €42,367 | -€3,805 | -8.2% |
| Deferred charges and accrued income | 490/1 | €490 | €101 | -€389 | -79.3% |
| Total equity and liabilities | 10/49 | €220,945 | €232,351 | +€11,406 | +5.2% |
| Equity | 10/15 | €192,143 | €206,462 | +€14,319 | +7.5% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Outside capital | 11 | €12,200 | €12,200 | = | 0.0% |
| Other | 1109/19 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €80,300 | €94,619 | +€14,319 | +17.8% |
| Tax-exempt reserves | 132 | €21,042 | €21,042 | = | 0.0% |
| Distributable reserves | 133 | €59,258 | €73,577 | +€14,319 | +24.2% |
| Profit (loss) carried forward | 14 | €99,643 | €99,643 | = | 0.0% |
| Amounts payable | 17/49 | €28,802 | €25,889 | -€2,913 | -10.1% |
| Amounts payable after more than one year | 17 | €1,277 | €1,277 | = | 0.0% |
| Financial debts | 170/4 | €1,277 | €1,277 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,526 | €24,612 | -€2,913 | -10.6% |
| Financial debts | 43 | €769 | - | -€769 | |
| Credit institutions | 430/8 | €769 | - | -€769 | |
| Trade debts | 44 | €9,773 | €8,870 | -€903 | -9.2% |
| Suppliers | 440/4 | €9,773 | €8,870 | -€903 | -9.2% |
| Taxes, remuneration and social security | 45 | €16,983 | €15,742 | -€1,241 | -7.3% |
| Taxes | 450/3 | €2,975 | €1,984 | -€992 | -33.3% |
| Remuneration and social security | 454/9 | €14,008 | €13,759 | -€249 | -1.8% |
| Remuneration, social security and pensions | 62 | €390 | €5,782 | +€5,391 | +1381.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,754 | €5,762 | +€4,007 | +228.4% |
| Other operating charges | 640/8 | €4,179 | €4,711 | +€532 | +12.7% |
| Gross operating margin | 9900 | €35,778 | €39,540 | +€3,762 | +10.5% |
| Operating profit (loss) | 9901 | €29,455 | €23,286 | -€6,169 | -20.9% |
| Financial income | 75/76B | €76 | €36 | -€40 | -52.2% |
| Recurring financial income | 75 | €76 | €36 | -€40 | -52.2% |
| Financial charges | 65/66B | €390 | €1,021 | +€631 | +161.6% |
| Recurring financial charges | 65 | €390 | €1,021 | +€631 | +161.6% |
| Profit (loss) for the period before taxes | 9903 | €29,141 | €22,301 | -€6,839 | -23.5% |
| Income taxes | 67/77 | €9,513 | €7,982 | -€1,530 | -16.1% |
| Profit (loss) for the period | 9904 | €19,628 | €14,319 | -€5,309 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,628 | €14,319 | -€5,309 | -27.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.