BON MATIN: 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.
BON MATIN
Largest movements
- Cash +€50,072
up €50,072 (+158%), from €31,646 to €81,718
mainly Other debts (+€37,270) and Receivables within one year (+€35,475)
- Receivables within one year -€35,475
down €35,475 (-63.1%), from €56,217 to €20,741
of which Trade receivables: -€34,758
- Tangible fixed assets -€11,946
down €11,946 (-27.8%), from €43,007 to €31,061
of which Furniture and vehicles: -€10,573
- Other debts +€37,270
new in 2025: €37,270
- Reserves -€27,774
down €27,774 (-33.9%), from €81,918 to €54,143
- Debts after one year -€9,840
down €9,840 (-39.1%), from €25,139 to €15,299
- Trade debts +€3,445
up €3,445 (+2,262%), from €152 to €3,597
- Gross operating margin -€20,494
down €20,494 (-36.3%), from €56,420 to €35,926
- Taxes -€5,475
down €5,475 (-41.7%), from €13,130 to €7,654
- Depreciation -€747
down €747 (-5.2%), from €14,442 to €13,695
- Write-downs -€727
no longer reported in 2025 (was €727)
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,870 | €133,520 | +€2,651 | +2.0% |
| Fixed assets | 21/28 | €43,007 | €31,061 | -€11,946 | -27.8% |
| Tangible fixed assets | 22/27 | €43,007 | €31,061 | -€11,946 | -27.8% |
| Furniture and vehicles | 24 | €39,639 | €29,066 | -€10,573 | -26.7% |
| Other tangible fixed assets | 26 | €3,368 | €1,995 | -€1,373 | -40.8% |
| Current assets | 29/58 | €87,863 | €102,459 | +€14,596 | +16.6% |
| Amounts receivable within one year | 40/41 | €56,217 | €20,741 | -€35,475 | -63.1% |
| Trade receivables | 40 | €55,500 | €20,741 | -€34,758 | -62.6% |
| Other amounts receivable | 41 | €717 | - | -€717 | |
| Cash at bank and in hand | 54/58 | €31,646 | €81,718 | +€50,072 | +158% |
| Total equity and liabilities | 10/49 | €130,870 | €133,520 | +€2,651 | +2.0% |
| Equity | 10/15 | €84,253 | €56,479 | -€27,774 | -33.0% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €81,918 | €54,143 | -€27,774 | -33.9% |
| Distributable reserves | 133 | €81,918 | €54,143 | -€27,774 | -33.9% |
| Profit (loss) carried forward | 14 | -€5,725 | -€5,725 | = | 0.0% |
| Amounts payable | 17/49 | €46,617 | €77,042 | +€30,425 | +65.3% |
| Amounts payable after more than one year | 17 | €25,139 | €15,299 | -€9,840 | -39.1% |
| Financial debts | 170/4 | €25,139 | €15,299 | -€9,840 | -39.1% |
| Amounts payable within one year | 42/48 | €21,478 | €61,743 | +€40,266 | +187% |
| Current portion of amounts payable after more than one year | 42 | €9,515 | €9,840 | +€326 | +3.4% |
| Trade debts | 44 | €152 | €3,597 | +€3,445 | +2,262% |
| Suppliers | 440/4 | €152 | €3,597 | +€3,445 | +2,262% |
| Taxes, remuneration and social security | 45 | €11,811 | €11,035 | -€775 | -6.6% |
| Taxes | 450/3 | €11,811 | €11,035 | -€775 | -6.6% |
| Other amounts payable | 47/48 | - | €37,270 | +€37,270 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,442 | €13,695 | -€747 | -5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €727 | - | -€727 | |
| Other operating charges | 640/8 | €1,107 | €695 | -€412 | -37.2% |
| Gross operating margin | 9900 | €56,420 | €35,926 | -€20,494 | -36.3% |
| Operating profit (loss) | 9901 | €40,144 | €21,536 | -€18,608 | -46.4% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €1,434 | €1,098 | -€336 | -23.4% |
| Recurring financial charges | 65 | €1,434 | €1,098 | -€336 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €38,710 | €20,538 | -€18,172 | -46.9% |
| Income taxes | 67/77 | €13,130 | €7,654 | -€5,475 | -41.7% |
| Profit (loss) for the period | 9904 | €25,580 | €12,884 | -€12,696 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,580 | €12,884 | -€12,696 | -49.6% |
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 20 October 2026 via checked.be.