ONWARD: 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.
ONWARD
Largest movements
- Cash -€14,895
down €14,895 (-71.6%), from €20,812 to €5,917
mainly Net result for the year (-€14,048) and Receivables within one year (-€6,844)
- Receivables within one year +€6,844
up €6,844 (+610.2%), from €1,122 to €7,966
of which Trade receivables: +€7,300
- Stocks and contracts -€6,037
down €6,037 (-80.9%), from €7,466 to €1,429
- Deferred charges and accrued income -€1,687
down €1,687 (-100.0%), from €1,687 to €0
- Tangible fixed assets -€374
down €374 (-21.3%), from €1,759 to €1,385
- Profit (loss) carried forward -€14,048
down €14,048 (-1856.9%), from -€757 to -€14,805
- Other debts -€1,464
down €1,464 (-50.2%), from €2,913 to €1,450
- Trade debts +€1,041
up €1,041 (+794.2%), from €131 to €1,172
- Tax, wage and social debts -€847
down €847 (-91.7%), from €924 to €77
- Accrued charges and deferred income -€836
down €836 (-100.0%), from €836 to €0
- Gross operating margin -€13,336
down €13,336, from €2,603 to -€10,732
- Financial charges +€293
up €293 (+25.3%), from €1,158 to €1,451
- Other operating charges -€291
down €291 (-17.6%), from €1,658 to €1,366
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 | €32,845 | €16,697 | -€16,149 | -49.2% |
| Fixed assets | 21/28 | €1,759 | €1,385 | -€374 | -21.3% |
| Tangible fixed assets | 22/27 | €1,759 | €1,385 | -€374 | -21.3% |
| Plant, machinery and equipment | 23 | €1,759 | €1,385 | -€374 | -21.3% |
| Current assets | 29/58 | €31,086 | €15,312 | -€15,775 | -50.7% |
| Stocks and contracts in progress | 3 | €7,466 | €1,429 | -€6,037 | -80.9% |
| Stocks | 30/36 | €7,466 | €1,429 | -€6,037 | -80.9% |
| Amounts receivable within one year | 40/41 | €1,122 | €7,966 | +€6,844 | +610.2% |
| Trade receivables | 40 | - | €7,300 | +€7,300 | |
| Other amounts receivable | 41 | €1,122 | €666 | -€456 | -40.6% |
| Cash at bank and in hand | 54/58 | €20,812 | €5,917 | -€14,895 | -71.6% |
| Deferred charges and accrued income | 490/1 | €1,687 | €0 | -€1,687 | -100.0% |
| Total equity and liabilities | 10/49 | €32,845 | €16,697 | -€16,149 | -49.2% |
| Equity | 10/15 | €28,041 | €13,993 | -€14,048 | -50.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,398 | €16,398 | = | 0.0% |
| Distributable reserves | 133 | €16,398 | €16,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€757 | -€14,805 | -€14,048 | -1856.9% |
| Amounts payable | 17/49 | €4,804 | €2,704 | -€2,100 | -43.7% |
| Amounts payable within one year | 42/48 | €3,968 | €2,704 | -€1,264 | -31.9% |
| Financial debts | 43 | - | €5 | +€5 | |
| Credit institutions | 430/8 | - | €5 | +€5 | |
| Trade debts | 44 | €131 | €1,172 | +€1,041 | +794.2% |
| Suppliers | 440/4 | €131 | €1,172 | +€1,041 | +794.2% |
| Taxes, remuneration and social security | 45 | €924 | €77 | -€847 | -91.7% |
| Taxes | 450/3 | €924 | €77 | -€847 | -91.7% |
| Other amounts payable | 47/48 | €2,913 | €1,450 | -€1,464 | -50.2% |
| Accrued charges and deferred income | 492/3 | €836 | €0 | -€836 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €374 | +€16 | +4.6% |
| Other operating charges | 640/8 | €1,658 | €1,366 | -€291 | -17.6% |
| Gross operating margin | 9900 | €2,603 | -€10,732 | -€13,336 | |
| Operating profit (loss) | 9901 | €588 | -€12,473 | -€13,061 | |
| Financial income | 75/76B | €89 | €56 | -€33 | -37.4% |
| Recurring financial income | 75 | €89 | €56 | -€33 | -37.4% |
| Financial charges | 65/66B | €1,158 | €1,451 | +€293 | +25.3% |
| Recurring financial charges | 65 | €1,158 | €1,451 | +€293 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | -€481 | -€13,868 | -€13,387 | -2783.2% |
| Income taxes | 67/77 | €276 | €180 | -€96 | -34.8% |
| Profit (loss) for the period | 9904 | -€757 | -€14,048 | -€13,292 | -1756.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€757 | -€14,048 | -€13,292 | -1756.9% |
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 30 September 2026 via checked.be.