BNFT: 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.
BNFT
Largest movements
- Receivables within one year -€33,520
down €33,520 (-96.5%), from €34,739 to €1,219
of which Other amounts receivable: -€27,773
- Cash +€8,003
new in 2025: €8,003
mainly Receivables within one year (+€33,520) and Net result for the year (+€21,456)
- Tangible fixed assets -€1,907
down €1,907 (-4.5%), from €42,854 to €40,947
of which Land and buildings: -€3,582
- Stocks and contracts +€1,461
up €1,461 (+57.3%), from €2,550 to €4,011
- Other debts -€30,559
down €30,559 (-27.6%), from €110,793 to €80,234
- Profit (loss) carried forward +€21,456
up €21,456 (+28.1%), from -€76,232 to -€54,776
- Debts after one year -€8,804
no longer reported in 2025 (was €8,804)
- Trade debts -€6,992
down €6,992 (-88.3%), from €7,920 to €928
- Accrued charges and deferred income -€1,559
down €1,559 (-95.9%), from €1,626 to €67
- Gross operating margin +€18,962
up €18,962 (+139.9%), from €13,551 to €32,513
- Depreciation +€1,395
up €1,395 (+32.8%), from €4,251 to €5,646
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 | €81,964 | €56,014 | -€25,949 | -31.7% |
| Fixed assets | 21/28 | €42,854 | €40,947 | -€1,907 | -4.5% |
| Tangible fixed assets | 22/27 | €42,854 | €40,947 | -€1,907 | -4.5% |
| Land and buildings | 22 | €39,406 | €35,823 | -€3,582 | -9.1% |
| Plant, machinery and equipment | 23 | €1,724 | €3,183 | +€1,459 | +84.6% |
| Furniture and vehicles | 24 | €1,724 | €1,941 | +€216 | +12.5% |
| Current assets | 29/58 | €39,109 | €15,067 | -€24,042 | -61.5% |
| Stocks and contracts in progress | 3 | €2,550 | €4,011 | +€1,461 | +57.3% |
| Stocks | 30/36 | €2,550 | €4,011 | +€1,461 | +57.3% |
| Amounts receivable within one year | 40/41 | €34,739 | €1,219 | -€33,520 | -96.5% |
| Trade receivables | 40 | €6,442 | €695 | -€5,747 | -89.2% |
| Other amounts receivable | 41 | €28,297 | €524 | -€27,773 | -98.1% |
| Cash at bank and in hand | 54/58 | - | €8,003 | +€8,003 | |
| Deferred charges and accrued income | 490/1 | €1,820 | €1,834 | +€14 | +0.8% |
| Total equity and liabilities | 10/49 | €81,964 | €56,014 | -€25,949 | -31.7% |
| Equity | 10/15 | -€57,432 | -€35,976 | +€21,456 | +37.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,232 | -€54,776 | +€21,456 | +28.1% |
| Amounts payable | 17/49 | €139,396 | €91,990 | -€47,406 | -34.0% |
| Amounts payable after more than one year | 17 | €8,804 | - | -€8,804 | |
| Financial debts | 170/4 | €8,804 | - | -€8,804 | |
| Amounts payable within one year | 42/48 | €128,966 | €91,923 | -€37,043 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €9,120 | €9,517 | +€397 | +4.4% |
| Financial debts | 43 | €1,080 | - | -€1,080 | |
| Credit institutions | 430/8 | €1,080 | - | -€1,080 | |
| Trade debts | 44 | €7,920 | €928 | -€6,992 | -88.3% |
| Suppliers | 440/4 | €7,920 | €928 | -€6,992 | -88.3% |
| Taxes, remuneration and social security | 45 | €53 | €1,244 | +€1,192 | +2270.0% |
| Taxes | 450/3 | €53 | €1,244 | +€1,192 | +2270.0% |
| Other amounts payable | 47/48 | €110,793 | €80,234 | -€30,559 | -27.6% |
| Accrued charges and deferred income | 492/3 | €1,626 | €67 | -€1,559 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,251 | €5,646 | +€1,395 | +32.8% |
| Other operating charges | 640/8 | €2,232 | €2,465 | +€233 | +10.4% |
| Gross operating margin | 9900 | €13,551 | €32,513 | +€18,962 | +139.9% |
| Operating profit (loss) | 9901 | €7,068 | €24,402 | +€17,334 | +245.3% |
| Financial income | 75/76B | €0 | €6 | +€5 | +1122.2% |
| Recurring financial income | 75 | €0 | €6 | +€5 | +1122.2% |
| Financial charges | 65/66B | €3,095 | €2,951 | -€144 | -4.7% |
| Recurring financial charges | 65 | €3,095 | €2,951 | -€144 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €3,973 | €21,456 | +€17,483 | +440.1% |
| Profit (loss) for the period | 9904 | €3,973 | €21,456 | +€17,483 | +440.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,973 | €21,456 | +€17,483 | +440.1% |
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 28 September 2026 via checked.be.