ONTO OBJECT: 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.
ONTO OBJECT
Largest movements
- Cash -€102,331
down €102,331 (-43.2%), from €236,905 to €134,574
mainly Net result for the year (-€88,568) and Tax, wage and social debts (-€21,443)
- Tangible fixed assets -€15,062
down €15,062 (-23.0%), from €65,345 to €50,283
of which Leasing and similar rights: -€12,274
- Stocks and contracts -€12,065
down €12,065 (-50.1%), from €24,081 to €12,016
- Current investments -€7,363
down €7,363 (-5.7%), from €128,215 to €120,852
- Reserves -€88,568
down €88,568 (-23.8%), from €371,572 to €283,003
- Tax, wage and social debts -€21,443
down €21,443 (-97.9%), from €21,911 to €468
- Trade debts -€14,853
down €14,853 (-74.5%), from €19,949 to €5,096
- Debts after one year -€12,312
down €12,312 (-34.6%), from €35,578 to €23,267
- Gross operating margin -€121,543
down €121,543, from €71,249 to -€50,295
- Depreciation -€2,053
down €2,053 (-10.1%), from €20,311 to €18,259
- Taxes -€2,052
down €2,052 (-16.3%), from €12,625 to €10,573
- Financial charges +€1,837
up €1,837 (+36.1%), from €5,083 to €6,920
of which Non-recurring financial charges: +€3,373
- Financial income -€1,403
down €1,403 (-99.5%), from €1,410 to €7
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 | €470,113 | €334,388 | -€135,725 | -28.9% |
| Fixed assets | 21/28 | €68,545 | €53,483 | -€15,062 | -22.0% |
| Tangible fixed assets | 22/27 | €65,345 | €50,283 | -€15,062 | -23.0% |
| Plant, machinery and equipment | 23 | €9,986 | €10,720 | +€733 | +7.3% |
| Furniture and vehicles | 24 | €4,558 | €1,765 | -€2,792 | -61.3% |
| Leasing and similar rights | 25 | €47,884 | €35,611 | -€12,274 | -25.6% |
| Other tangible fixed assets | 26 | €2,917 | €2,187 | -€729 | -25.0% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €401,568 | €280,905 | -€120,663 | -30.0% |
| Stocks and contracts in progress | 3 | €24,081 | €12,016 | -€12,065 | -50.1% |
| Stocks | 30/36 | €24,081 | €12,016 | -€12,065 | -50.1% |
| Amounts receivable within one year | 40/41 | €12,367 | €13,463 | +€1,096 | +8.9% |
| Trade receivables | 40 | €12,367 | €11,087 | -€1,280 | -10.3% |
| Other amounts receivable | 41 | €0 | €2,376 | +€2,376 | |
| Current investments | 50/53 | €128,215 | €120,852 | -€7,363 | -5.7% |
| Cash at bank and in hand | 54/58 | €236,905 | €134,574 | -€102,331 | -43.2% |
| Total equity and liabilities | 10/49 | €470,113 | €334,388 | -€135,725 | -28.9% |
| Equity | 10/15 | €379,772 | €291,203 | -€88,568 | -23.3% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €371,572 | €283,003 | -€88,568 | -23.8% |
| Distributable reserves | 133 | €371,572 | €283,003 | -€88,568 | -23.8% |
| Amounts payable | 17/49 | €90,341 | €43,185 | -€47,156 | -52.2% |
| Amounts payable after more than one year | 17 | €35,578 | €23,267 | -€12,312 | -34.6% |
| Financial debts | 170/4 | €35,578 | €23,267 | -€12,312 | -34.6% |
| Amounts payable within one year | 42/48 | €54,763 | €19,918 | -€34,844 | -63.6% |
| Current portion of amounts payable after more than one year | 42 | €12,052 | €12,312 | +€260 | +2.2% |
| Trade debts | 44 | €19,949 | €5,096 | -€14,853 | -74.5% |
| Suppliers | 440/4 | €19,949 | €5,096 | -€14,853 | -74.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €21,911 | €468 | -€21,443 | -97.9% |
| Taxes | 450/3 | €21,911 | €468 | -€21,443 | -97.9% |
| Other amounts payable | 47/48 | €851 | €2,042 | +€1,191 | +140% |
| Non-recurring operating income | 76A | €1,427 | €0 | -€1,427 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,311 | €18,259 | -€2,053 | -10.1% |
| Other operating charges | 640/8 | €3,505 | €2,529 | -€975 | -27.8% |
| Non-recurring operating charges | 66A | €4,187 | €0 | -€4,187 | -100% |
| Gross operating margin | 9900 | €71,249 | -€50,295 | -€121,543 | |
| Operating profit (loss) | 9901 | €43,246 | -€71,083 | -€114,328 | |
| Financial income | 75/76B | €1,410 | €7 | -€1,403 | -99.5% |
| Recurring financial income | 75 | €1,410 | €7 | -€1,403 | -99.5% |
| Financial charges | 65/66B | €5,083 | €6,920 | +€1,837 | +36.1% |
| Recurring financial charges | 65 | €5,083 | €3,547 | -€1,536 | -30.2% |
| Non-recurring financial charges | 66B | - | €3,373 | +€3,373 | |
| Profit (loss) for the period before taxes | 9903 | €39,573 | -€77,995 | -€117,568 | |
| Income taxes | 67/77 | €12,625 | €10,573 | -€2,052 | -16.3% |
| Profit (loss) for the period | 9904 | €26,948 | -€88,568 | -€115,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,948 | -€88,568 | -€115,516 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.