Ontel: 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.
Ontel
Largest movements
- Tangible fixed assets -€19,352
down €19,352 (-17.0%), from €113,628 to €94,276
- Cash +€19,132
up €19,132 (+51.4%), from €37,190 to €56,322
mainly Depreciation (+€19,352) and Net result for the year (+€2,021)
- Receivables within one year +€1,936
up €1,936 (+24.0%), from €8,076 to €10,012
of which Trade receivables: +€2,004
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€11,279
up €11,279 (+42.4%), from €26,589 to €37,869
- Staff costs +€5,636
up €5,636 (+73.8%), from €7,639 to €13,275
- Depreciation +€4,268
up €4,268 (+28.3%), from €15,084 to €19,352
- Taxes +€634
up €634 (+34.9%), from €1,816 to €2,450
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.
Derived cash bridge
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 | €158,894 | €160,610 | +€1,716 | +1.1% |
| Fixed assets | 21/28 | €113,628 | €94,276 | -€19,352 | -17.0% |
| Tangible fixed assets | 22/27 | €113,628 | €94,276 | -€19,352 | -17.0% |
| Land and buildings | 22 | €67,500 | €58,125 | -€9,375 | -13.9% |
| Plant, machinery and equipment | 23 | €10,806 | €8,966 | -€1,840 | -17.0% |
| Furniture and vehicles | 24 | €35,323 | €27,185 | -€8,137 | -23.0% |
| Current assets | 29/58 | €45,266 | €66,334 | +€21,068 | +46.5% |
| Amounts receivable within one year | 40/41 | €8,076 | €10,012 | +€1,936 | +24.0% |
| Trade receivables | 40 | €7,489 | €9,493 | +€2,004 | +26.8% |
| Other amounts receivable | 41 | €587 | €519 | -€68 | -11.6% |
| Cash at bank and in hand | 54/58 | €37,190 | €56,322 | +€19,132 | +51.4% |
| Total equity and liabilities | 10/49 | €158,894 | €160,610 | +€1,716 | +1.1% |
| Equity | 10/15 | €141,732 | €142,035 | +€303 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €135,532 | €135,835 | +€303 | +0.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €96,172 | €96,475 | +€303 | +0.3% |
| Amounts payable | 17/49 | €17,162 | €18,575 | +€1,413 | +8.2% |
| Amounts payable within one year | 42/48 | €17,162 | €18,575 | +€1,413 | +8.2% |
| Trade debts | 44 | €4,798 | €5,010 | +€212 | +4.4% |
| Suppliers | 440/4 | €4,798 | €5,010 | +€212 | +4.4% |
| Taxes, remuneration and social security | 45 | €1,850 | €2,513 | +€663 | +35.8% |
| Taxes | 450/3 | €1,723 | €2,414 | +€691 | +40.1% |
| Remuneration and social security | 454/9 | €128 | €99 | -€29 | -22.3% |
| Other amounts payable | 47/48 | €10,514 | €11,052 | +€538 | +5.1% |
| Remuneration, social security and pensions | 62 | €7,639 | €13,275 | +€5,636 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,084 | €19,352 | +€4,268 | +28.3% |
| Other operating charges | 640/8 | €777 | €799 | +€22 | +2.8% |
| Gross operating margin | 9900 | €26,589 | €37,869 | +€11,279 | +42.4% |
| Operating profit (loss) | 9901 | €3,089 | €4,443 | +€1,354 | +43.8% |
| Financial income | 75/76B | €311 | €122 | -€189 | -60.9% |
| Recurring financial income | 75 | €311 | €122 | -€189 | -60.9% |
| Financial charges | 65/66B | €61 | €94 | +€32 | +52.1% |
| Recurring financial charges | 65 | €61 | €94 | +€32 | +52.1% |
| Profit (loss) for the period before taxes | 9903 | €3,338 | €4,471 | +€1,133 | +33.9% |
| Income taxes | 67/77 | €1,816 | €2,450 | +€634 | +34.9% |
| Profit (loss) for the period | 9904 | €1,522 | €2,021 | +€499 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,522 | €2,021 | +€499 | +32.8% |
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 19 October 2026 via checked.be.