ONS ERFGOED: 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 ERFGOED
Largest movements
- Tangible fixed assets -€56,056
down €56,056 (-1.2%), from €4.5m to €4.5m
- Other debts +€136,903
up €136,903 (+6.0%), from €2.3m to €2.4m
- Profit (loss) carried forward -€75,876
down €75,876 (-37.0%), from -€205,093 to -€280,969
- Current portion of long-term debt -€48,825
down €48,825 (-52.1%), from €93,649 to €44,825
- Other operating charges -€3,901
down €3,901 (-32.5%), from €12,013 to €8,112
- Gross operating margin -€1,402
down €1,402 (-1.3%), from €107,466 to €106,064
- Financial charges +€1,254
up €1,254 (+1.7%), from €75,744 to €76,999
- Depreciation +€1,251
up €1,251 (+1.3%), from €95,578 to €96,829
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 | €4,539,932 | €4,511,410 | -€28,523 | -0.6% |
| Fixed assets | 21/28 | €4,529,096 | €4,473,040 | -€56,056 | -1.2% |
| Tangible fixed assets | 22/27 | €4,529,096 | €4,473,040 | -€56,056 | -1.2% |
| Land and buildings | 22 | €4,529,096 | €4,473,040 | -€56,056 | -1.2% |
| Current assets | 29/58 | €10,837 | €38,370 | +€27,533 | +254.1% |
| Amounts receivable within one year | 40/41 | €2,489 | €23,336 | +€20,846 | +837.5% |
| Trade receivables | 40 | €2,462 | €23,336 | +€20,873 | +847.7% |
| Other amounts receivable | 41 | €27 | €0 | -€27 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,707 | €12,932 | +€6,225 | +92.8% |
| Deferred charges and accrued income | 490/1 | €1,640 | €2,102 | +€462 | +28.1% |
| Total equity and liabilities | 10/49 | €4,539,932 | €4,511,410 | -€28,523 | -0.6% |
| Equity | 10/15 | -€167,176 | -€243,052 | -€75,876 | -45.4% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €717 | €717 | = | 0.0% |
| Tax-exempt reserves | 132 | €717 | €717 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,093 | -€280,969 | -€75,876 | -37.0% |
| Amounts payable | 17/49 | €4,707,108 | €4,754,462 | +€47,354 | +1.0% |
| Amounts payable after more than one year | 17 | €2,238,176 | €2,193,352 | -€44,825 | -2.0% |
| Financial debts | 170/4 | €1,224,976 | €1,180,151 | -€44,825 | -3.7% |
| Other amounts payable | 178/9 | €1,013,200 | €1,013,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,468,932 | €2,561,110 | +€92,178 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €93,649 | €44,825 | -€48,825 | -52.1% |
| Financial debts | 43 | €68,407 | €65,115 | -€3,293 | -4.8% |
| Credit institutions | 430/8 | €68,407 | €65,115 | -€3,293 | -4.8% |
| Trade debts | 44 | €15,246 | €29,034 | +€13,788 | +90.4% |
| Suppliers | 440/4 | €15,246 | €29,034 | +€13,788 | +90.4% |
| Taxes, remuneration and social security | 45 | €8,834 | €2,439 | -€6,395 | -72.4% |
| Taxes | 450/3 | €8,834 | €2,439 | -€6,395 | -72.4% |
| Other amounts payable | 47/48 | €2,282,795 | €2,419,697 | +€136,903 | +6.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,578 | €96,829 | +€1,251 | +1.3% |
| Other operating charges | 640/8 | €12,013 | €8,112 | -€3,901 | -32.5% |
| Gross operating margin | 9900 | €107,466 | €106,064 | -€1,402 | -1.3% |
| Operating profit (loss) | 9901 | -€126 | €1,122 | +€1,248 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €75,744 | €76,999 | +€1,254 | +1.7% |
| Recurring financial charges | 65 | €75,744 | €76,999 | +€1,254 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€75,870 | -€75,876 | -€6 | 0.0% |
| Profit (loss) for the period | 9904 | -€75,870 | -€75,876 | -€6 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,870 | -€75,876 | -€6 | 0.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.