BNO: 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.
BNO
Largest movements
- Cash -€29,327
down €29,327 (-97.8%), from €29,990 to €663
mainly Investment in fixed assets (net) (-€25,000) and Trade debts (-€21,911)
- Tangible fixed assets +€19,200
up €19,200 (+1371.1%), from €1,400 to €20,600
- Receivables within one year +€6,789
up €6,789 (+7.8%), from €87,157 to €93,945
- Profit (loss) carried forward +€21,961
up €21,961 (+88.2%), from €24,898 to €46,859
- Trade debts -€21,911
down €21,911 (-86.1%), from €25,455 to €3,544
- Other debts -€14,812
down €14,812 (-91.1%), from €16,264 to €1,452
- Tax, wage and social debts +€11,425
up €11,425 (+35.8%), from €31,931 to €43,355
- Gross operating margin +€49,956
up €49,956 (+56.9%), from €87,739 to €137,695
- Staff costs +€40,595
up €40,595 (+68.9%), from €58,899 to €99,494
- Turnover +€35,568
up €35,568 (+14.3%), from €249,086 to €284,654
- Purchases and services -€14,389
down €14,389 (-8.9%), from €161,347 to €146,959
- Depreciation +€3,321
up €3,321 (+133.9%), from €2,479 to €5,800
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,547 | €115,209 | -€3,338 | -2.8% |
| Fixed assets | 21/28 | €1,400 | €20,600 | +€19,200 | +1371.1% |
| Tangible fixed assets | 22/27 | €1,400 | €20,600 | +€19,200 | +1371.1% |
| Furniture and vehicles | 24 | €1,400 | €20,600 | +€19,200 | +1371.1% |
| Current assets | 29/58 | €117,147 | €94,609 | -€22,538 | -19.2% |
| Amounts receivable within one year | 40/41 | €87,157 | €93,945 | +€6,789 | +7.8% |
| Trade receivables | 40 | €87,157 | €93,945 | +€6,789 | +7.8% |
| Cash at bank and in hand | 54/58 | €29,990 | €663 | -€29,327 | -97.8% |
| Total equity and liabilities | 10/49 | €118,547 | €115,209 | -€3,338 | -2.8% |
| Equity | 10/15 | €44,898 | €66,859 | +€21,961 | +48.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,898 | €46,859 | +€21,961 | +88.2% |
| Amounts payable | 17/49 | €73,649 | €48,351 | -€25,299 | -34.4% |
| Amounts payable within one year | 42/48 | €73,649 | €48,351 | -€25,299 | -34.4% |
| Trade debts | 44 | €25,455 | €3,544 | -€21,911 | -86.1% |
| Suppliers | 440/4 | €25,455 | €3,544 | -€21,911 | -86.1% |
| Taxes, remuneration and social security | 45 | €31,931 | €43,355 | +€11,425 | +35.8% |
| Taxes | 450/3 | €31,931 | €43,355 | +€11,425 | +35.8% |
| Other amounts payable | 47/48 | €16,264 | €1,452 | -€14,812 | -91.1% |
| Turnover | 70 | €249,086 | €284,654 | +€35,568 | +14.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €161,347 | €146,959 | -€14,389 | -8.9% |
| Remuneration, social security and pensions | 62 | €58,899 | €99,494 | +€40,595 | +68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,479 | €5,800 | +€3,321 | +133.9% |
| Other operating charges | 640/8 | €374 | €2,537 | +€2,163 | +578.8% |
| Gross operating margin | 9900 | €87,739 | €137,695 | +€49,956 | +56.9% |
| Operating profit (loss) | 9901 | €25,986 | €29,864 | +€3,878 | +14.9% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €804 | €817 | +€13 | +1.6% |
| Recurring financial charges | 65 | €804 | €817 | +€13 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €25,192 | €29,047 | +€3,855 | +15.3% |
| Income taxes | 67/77 | €4,076 | €7,086 | +€3,010 | +73.8% |
| Profit (loss) for the period | 9904 | €21,116 | €21,961 | +€845 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,116 | €21,961 | +€845 | +4.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.