Ontwar: 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.
Ontwar
Largest movements
- Receivables after one year -€22,271
no longer reported in 2025 (was €22,271)
- Receivables within one year +€3,939
up €3,939 (+21.1%), from €18,636 to €22,575
of which Trade receivables: +€4,040
- Deferred charges and accrued income -€2,536
no longer reported in 2025 (was €2,536)
- Cash -€2,184
down €2,184 (-3.9%), from €56,165 to €53,981
mainly Contributions, distributions and other (-€128,169) and Receivables within one year (-€3,939)
- Profit (loss) carried forward -€97,355
no longer reported in 2025 (was €97,355)
- Other debts +€72,747
new in 2025: €72,747
- Tax, wage and social debts +€1,377
up €1,377 (+20.8%), from €6,605 to €7,982
- Gross operating margin +€5,604
up €5,604 (+13.5%), from €41,463 to €47,067
- Taxes +€3,302
up €3,302 (+40.9%), from €8,070 to €11,372
- Depreciation +€667
up €667 (+27.1%), from €2,460 to €3,127
- Financial income -€556
down €556 (-95.0%), from €585 to €29
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 | €108,223 | €84,481 | -€23,743 | -21.9% |
| Fixed assets | 21/28 | €8,615 | €7,925 | -€690 | -8.0% |
| Tangible fixed assets | 22/27 | €8,615 | €7,925 | -€690 | -8.0% |
| Land and buildings | 22 | €6,045 | €5,202 | -€844 | -14.0% |
| Furniture and vehicles | 24 | €2,570 | €2,723 | +€153 | +6.0% |
| Current assets | 29/58 | €99,608 | €76,556 | -€23,052 | -23.1% |
| Amounts receivable after more than one year | 29 | €22,271 | - | -€22,271 | |
| Other amounts receivable | 291 | €22,271 | - | -€22,271 | |
| Amounts receivable within one year | 40/41 | €18,636 | €22,575 | +€3,939 | +21.1% |
| Trade receivables | 40 | €9,906 | €13,946 | +€4,040 | +40.8% |
| Other amounts receivable | 41 | €8,730 | €8,628 | -€102 | -1.2% |
| Cash at bank and in hand | 54/58 | €56,165 | €53,981 | -€2,184 | -3.9% |
| Deferred charges and accrued income | 490/1 | €2,536 | - | -€2,536 | |
| Total equity and liabilities | 10/49 | €108,223 | €84,481 | -€23,743 | -21.9% |
| Equity | 10/15 | €100,355 | €3,000 | -€97,355 | -97.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,355 | - | -€97,355 | |
| Amounts payable | 17/49 | €7,868 | €81,481 | +€73,612 | +935.5% |
| Amounts payable within one year | 42/48 | €7,868 | €81,481 | +€73,612 | +935.5% |
| Trade debts | 44 | €1,263 | €751 | -€512 | -40.5% |
| Suppliers | 440/4 | €1,263 | €751 | -€512 | -40.5% |
| Taxes, remuneration and social security | 45 | €6,605 | €7,982 | +€1,377 | +20.8% |
| Taxes | 450/3 | €6,605 | €7,982 | +€1,377 | +20.8% |
| Other amounts payable | 47/48 | - | €72,747 | +€72,747 | |
| Remuneration, social security and pensions | 62 | €141 | - | -€141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,460 | €3,127 | +€667 | +27.1% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €41,463 | €47,067 | +€5,604 | +13.5% |
| Operating profit (loss) | 9901 | €38,292 | €43,354 | +€5,062 | +13.2% |
| Financial income | 75/76B | €585 | €29 | -€556 | -95.0% |
| Recurring financial income | 75 | €585 | €29 | -€556 | -95.0% |
| Financial charges | 65/66B | €1,659 | €1,198 | -€461 | -27.8% |
| Recurring financial charges | 65 | €1,659 | €1,198 | -€461 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €37,218 | €42,186 | +€4,967 | +13.3% |
| Income taxes | 67/77 | €8,070 | €11,372 | +€3,302 | +40.9% |
| Profit (loss) for the period | 9904 | €29,148 | €30,814 | +€1,666 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,148 | €30,814 | +€1,666 | +5.7% |
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 2 October 2026 via checked.be.