Bonache Managed Services: 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.
Bonache Managed Services
Largest movements
- Receivables within one year +€241,991
up €241,991 (+69.6%), from €347,536 to €589,527
of which Trade receivables: +€225,404
- Tangible fixed assets +€28,526
up €28,526 (+3,238%), from €881 to €29,407
of which Furniture and vehicles: +€16,544
- Cash +€8,320
up €8,320 (+24.9%), from €33,397 to €41,716
mainly Trade debts (+€212,957) and Tax, wage and social debts (+€37,471)
- Trade debts +€212,957
up €212,957 (+133%), from €159,572 to €372,528
- Tax, wage and social debts +€37,471
up €37,471 (+55.2%), from €67,836 to €105,308
of which Remuneration and social security: +€49,224
- Short-term financial debts +€30,685
up €30,685 (+30.1%), from €102,041 to €132,726
of which Other loans: +€50,000
- Staff costs +€421,937
up €421,937 (+198%), from €213,188 to €635,125
- Gross operating margin +€397,060
up €397,060 (+136%), from €292,806 to €689,866
- Financial charges +€17,125
up €17,125 (+1,014%), from €1,688 to €18,814
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 | €387,455 | €674,432 | +€286,977 | +74.1% |
| Fixed assets | 21/28 | €881 | €32,857 | +€31,976 | +3,629% |
| Tangible fixed assets | 22/27 | €881 | €29,407 | +€28,526 | +3,238% |
| Furniture and vehicles | 24 | €881 | €17,425 | +€16,544 | +1,878% |
| Other tangible fixed assets | 26 | - | €11,982 | +€11,982 | |
| Financial fixed assets | 28 | - | €3,450 | +€3,450 | |
| Current assets | 29/58 | €386,574 | €641,575 | +€255,001 | +66.0% |
| Amounts receivable within one year | 40/41 | €347,536 | €589,527 | +€241,991 | +69.6% |
| Trade receivables | 40 | €347,536 | €572,939 | +€225,404 | +64.9% |
| Other amounts receivable | 41 | - | €16,588 | +€16,588 | |
| Cash at bank and in hand | 54/58 | €33,397 | €41,716 | +€8,320 | +24.9% |
| Deferred charges and accrued income | 490/1 | €5,642 | €10,332 | +€4,690 | +83.1% |
| Total equity and liabilities | 10/49 | €387,455 | €674,432 | +€286,977 | +74.1% |
| Equity | 10/15 | €58,006 | €63,870 | +€5,864 | +10.1% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,506 | €56,370 | +€5,864 | +11.6% |
| Amounts payable | 17/49 | €329,449 | €610,562 | +€281,113 | +85.3% |
| Amounts payable within one year | 42/48 | €329,449 | €610,562 | +€281,113 | +85.3% |
| Financial debts | 43 | €102,041 | €132,726 | +€30,685 | +30.1% |
| Credit institutions | 430/8 | €102,041 | €82,726 | -€19,315 | -18.9% |
| Other loans | 439 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €159,572 | €372,528 | +€212,957 | +133% |
| Suppliers | 440/4 | €159,572 | €372,528 | +€212,957 | +133% |
| Taxes, remuneration and social security | 45 | €67,836 | €105,308 | +€37,471 | +55.2% |
| Taxes | 450/3 | €36,574 | €24,821 | -€11,753 | -32.1% |
| Remuneration and social security | 454/9 | €31,262 | €80,486 | +€49,224 | +157% |
| Remuneration, social security and pensions | 62 | €213,188 | €635,125 | +€421,937 | +198% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237 | €5,812 | +€5,575 | +2,352% |
| Other operating charges | 640/8 | €374 | €956 | +€582 | +156% |
| Gross operating margin | 9900 | €292,806 | €689,866 | +€397,060 | +136% |
| Operating profit (loss) | 9901 | €79,007 | €47,973 | -€31,034 | -39.3% |
| Financial income | 75/76B | €210 | €117 | -€93 | -44.4% |
| Recurring financial income | 75 | €210 | €117 | -€93 | -44.4% |
| Financial charges | 65/66B | €1,688 | €18,814 | +€17,125 | +1,014% |
| Recurring financial charges | 65 | €1,688 | €18,814 | +€17,125 | +1,014% |
| Profit (loss) for the period before taxes | 9903 | €77,529 | €29,276 | -€48,252 | -62.2% |
| Income taxes | 67/77 | €27,023 | €23,412 | -€3,610 | -13.4% |
| Profit (loss) for the period | 9904 | €50,506 | €5,864 | -€44,642 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,506 | €5,864 | -€44,642 | -88.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.