BONA GROUP: 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.
BONA GROUP
Largest movements
- Tangible fixed assets +€67,056
up €67,056 (+29.2%), from €229,362 to €296,417
of which Furniture and vehicles: +€74,061
- Cash +€26,522
up €26,522 (+35.1%), from €75,475 to €101,996
mainly Net result for the year (+€80,943) and Depreciation (+€77,051)
- Reserves +€40,943
up €40,943 (+298%), from €13,737 to €54,680
- Other debts +€40,273
up €40,273 (+60.8%), from €66,199 to €106,472
- Tax, wage and social debts +€22,197
up €22,197 (+107%), from €20,692 to €42,890
of which Remuneration and social security: +€18,159
- Debts after one year -€14,598
down €14,598 (-9.3%), from €156,934 to €142,336
- Current portion of long-term debt +€11,222
up €11,222 (+48.5%), from €23,141 to €34,363
- Gross operating margin +€52,941
up €52,941 (+12.7%), from €416,299 to €469,240
- Staff costs +€28,257
up €28,257 (+10.9%), from €259,181 to €287,438
- Depreciation +€19,458
up €19,458 (+33.8%), from €57,593 to €77,051
- Financial charges +€8,917
up €8,917 (+167%), from €5,351 to €14,268
- Taxes +€8,731
up €8,731 (+4,550%), from €192 to €8,923
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 | €355,685 | €450,032 | +€94,347 | +26.5% |
| Fixed assets | 21/28 | €238,460 | €302,454 | +€63,994 | +26.8% |
| Intangible fixed assets | 21 | €8,859 | €5,797 | -€3,062 | -34.6% |
| Tangible fixed assets | 22/27 | €229,362 | €296,417 | +€67,056 | +29.2% |
| Plant, machinery and equipment | 23 | €60,908 | €74,035 | +€13,127 | +21.6% |
| Furniture and vehicles | 24 | €5,312 | €79,373 | +€74,061 | +1,394% |
| Other tangible fixed assets | 26 | €163,142 | €143,009 | -€20,133 | -12.3% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €117,225 | €147,578 | +€30,353 | +25.9% |
| Stocks and contracts in progress | 3 | €15,675 | €17,938 | +€2,263 | +14.4% |
| Stocks | 30/36 | €15,675 | €17,938 | +€2,263 | +14.4% |
| Amounts receivable within one year | 40/41 | €21,826 | €23,517 | +€1,691 | +7.7% |
| Trade receivables | 40 | €20,478 | €22,384 | +€1,905 | +9.3% |
| Other amounts receivable | 41 | €1,348 | €1,134 | -€214 | -15.9% |
| Cash at bank and in hand | 54/58 | €75,475 | €101,996 | +€26,522 | +35.1% |
| Deferred charges and accrued income | 490/1 | €4,249 | €4,126 | -€123 | -2.9% |
| Total equity and liabilities | 10/49 | €355,685 | €450,032 | +€94,347 | +26.5% |
| Equity | 10/15 | €48,737 | €89,680 | +€40,943 | +84.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €13,737 | €54,680 | +€40,943 | +298% |
| Distributable reserves | 133 | €13,737 | €54,680 | +€40,943 | +298% |
| Amounts payable | 17/49 | €306,949 | €360,352 | +€53,404 | +17.4% |
| Amounts payable after more than one year | 17 | €156,934 | €142,336 | -€14,598 | -9.3% |
| Financial debts | 170/4 | €156,934 | €142,336 | -€14,598 | -9.3% |
| Amounts payable within one year | 42/48 | €150,015 | €218,016 | +€68,001 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €23,141 | €34,363 | +€11,222 | +48.5% |
| Trade debts | 44 | €39,982 | €33,878 | -€6,105 | -15.3% |
| Suppliers | 440/4 | €39,982 | €33,878 | -€6,105 | -15.3% |
| Advances received on contracts in progress | 46 | - | €414 | +€414 | |
| Taxes, remuneration and social security | 45 | €20,692 | €42,890 | +€22,197 | +107% |
| Taxes | 450/3 | €10,930 | €14,968 | +€4,038 | +36.9% |
| Remuneration and social security | 454/9 | €9,762 | €27,921 | +€18,159 | +186% |
| Other amounts payable | 47/48 | €66,199 | €106,472 | +€40,273 | +60.8% |
| Remuneration, social security and pensions | 62 | €259,181 | €287,438 | +€28,257 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,593 | €77,051 | +€19,458 | +33.8% |
| Other operating charges | 640/8 | €7,037 | €651 | -€6,386 | -90.7% |
| Gross operating margin | 9900 | €416,299 | €469,240 | +€52,941 | +12.7% |
| Operating profit (loss) | 9901 | €92,488 | €104,101 | +€11,612 | +12.6% |
| Financial income | 75/76B | €12 | €33 | +€21 | +171% |
| Recurring financial income | 75 | €12 | €33 | +€21 | +171% |
| Financial charges | 65/66B | €5,351 | €14,268 | +€8,917 | +167% |
| Recurring financial charges | 65 | €5,351 | €14,268 | +€8,917 | +167% |
| Profit (loss) for the period before taxes | 9903 | €87,149 | €89,866 | +€2,717 | +3.1% |
| Income taxes | 67/77 | €192 | €8,923 | +€8,731 | +4,550% |
| Profit (loss) for the period | 9904 | €86,957 | €80,943 | -€6,014 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,957 | €80,943 | -€6,014 | -6.9% |
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.