AVISO BONUM: 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.
AVISO BONUM
Largest movements
- Current investments -€87,858
down €87,858 (-92.5%), from €95,031 to €7,173
- Tangible fixed assets +€30,722
up €30,722 (+21.4%), from €143,592 to €174,314
of which Furniture and vehicles: +€38,229
- Cash -€6,623
down €6,623 (-12.0%), from €55,088 to €48,465
mainly Investment in fixed assets (net) (-€133,104) and Contributions, distributions and other (-€36,335)
- Reserves -€36,335
down €36,335 (-18.9%), from €192,397 to €156,062
- Profit (loss) carried forward -€33,915
down €33,915 (-97.3%), from €34,874 to €959
- Other debts +€24,918
up €24,918 (+173%), from €14,382 to €39,300
- Debts after one year -€20,394
down €20,394 (-59.7%), from €34,158 to €13,764
- Depreciation +€55,540
up €55,540 (+119%), from €46,842 to €102,382
- Gross operating margin +€26,247
up €26,247 (+59.7%), from €43,998 to €70,245
- Financial charges -€2,033
down €2,033 (-73.1%), from €2,782 to €749
- Other operating charges -€740
down €740 (-49.1%), from €1,507 to €767
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 | €327,534 | €263,234 | -€64,300 | -19.6% |
| Fixed assets | 21/28 | €143,592 | €174,314 | +€30,722 | +21.4% |
| Tangible fixed assets | 22/27 | €143,592 | €174,314 | +€30,722 | +21.4% |
| Plant, machinery and equipment | 23 | €41,554 | €34,047 | -€7,507 | -18.1% |
| Furniture and vehicles | 24 | €102,038 | €140,267 | +€38,229 | +37.5% |
| Current assets | 29/58 | €183,942 | €88,920 | -€95,022 | -51.7% |
| Stocks and contracts in progress | 3 | €5,979 | €7,588 | +€1,609 | +26.9% |
| Stocks | 30/36 | €5,979 | €7,588 | +€1,609 | +26.9% |
| Amounts receivable within one year | 40/41 | €27,844 | €25,694 | -€2,150 | -7.7% |
| Trade receivables | 40 | €26,082 | €23,932 | -€2,150 | -8.2% |
| Other amounts receivable | 41 | €1,762 | €1,762 | = | 0.0% |
| Current investments | 50/53 | €95,031 | €7,173 | -€87,858 | -92.5% |
| Cash at bank and in hand | 54/58 | €55,088 | €48,465 | -€6,623 | -12.0% |
| Total equity and liabilities | 10/49 | €327,534 | €263,234 | -€64,300 | -19.6% |
| Equity | 10/15 | €247,681 | €177,431 | -€70,250 | -28.4% |
| Contributions | 10/11 | €20,410 | €20,410 | = | 0.0% |
| Reserves | 13 | €192,397 | €156,062 | -€36,335 | -18.9% |
| Distributable reserves | 133 | €192,397 | €156,062 | -€36,335 | -18.9% |
| Profit (loss) carried forward | 14 | €34,874 | €959 | -€33,915 | -97.3% |
| Amounts payable | 17/49 | €79,853 | €85,803 | +€5,950 | +7.5% |
| Amounts payable after more than one year | 17 | €34,158 | €13,764 | -€20,394 | -59.7% |
| Financial debts | 170/4 | €34,158 | €13,764 | -€20,394 | -59.7% |
| Amounts payable within one year | 42/48 | €45,695 | €72,039 | +€26,344 | +57.7% |
| Current portion of amounts payable after more than one year | 42 | €20,094 | €20,394 | +€300 | +1.5% |
| Trade debts | 44 | - | €70 | +€70 | |
| Suppliers | 440/4 | - | €70 | +€70 | |
| Taxes, remuneration and social security | 45 | €11,219 | €12,275 | +€1,056 | +9.4% |
| Taxes | 450/3 | €11,219 | €12,275 | +€1,056 | +9.4% |
| Other amounts payable | 47/48 | €14,382 | €39,300 | +€24,918 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,842 | €102,382 | +€55,540 | +119% |
| Other operating charges | 640/8 | €1,507 | €767 | -€740 | -49.1% |
| Gross operating margin | 9900 | €43,998 | €70,245 | +€26,247 | +59.7% |
| Operating profit (loss) | 9901 | -€4,351 | -€32,904 | -€28,553 | -656% |
| Financial income | 75/76B | €56 | €217 | +€161 | +288% |
| Recurring financial income | 75 | €56 | €217 | +€161 | +288% |
| Financial charges | 65/66B | €2,782 | €749 | -€2,033 | -73.1% |
| Recurring financial charges | 65 | €2,782 | €749 | -€2,033 | -73.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,077 | -€33,436 | -€26,359 | -372% |
| Income taxes | 67/77 | €747 | €479 | -€268 | -35.9% |
| Profit (loss) for the period | 9904 | -€7,824 | -€33,915 | -€26,091 | -333% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,824 | -€33,915 | -€26,091 | -333% |
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 31 October 2026 via checked.be.