BONAM: 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.
BONAM
Largest movements
- Cash +€49,782
up €49,782 (+15.9%), from €314,015 to €363,797
mainly Net result for the year (+€44,521) and Receivables within one year (+€2,819)
- Reserves +€44,521
up €44,521 (+14.3%), from €311,047 to €355,569
- Gross operating margin +€10,498
up €10,498 (+19.9%), from €52,844 to €63,341
- Taxes +€2,872
up €2,872 (+18.5%), from €15,500 to €18,372
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 | €330,977 | €377,950 | +€46,973 | +14.2% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €330,952 | €377,925 | +€46,973 | +14.2% |
| Amounts receivable within one year | 40/41 | €16,640 | €13,821 | -€2,819 | -16.9% |
| Trade receivables | 40 | €13,449 | €12,741 | -€708 | -5.3% |
| Other amounts receivable | 41 | €3,191 | €1,080 | -€2,111 | -66.2% |
| Cash at bank and in hand | 54/58 | €314,015 | €363,797 | +€49,782 | +15.9% |
| Deferred charges and accrued income | 490/1 | €297 | €306 | +€9 | +3.2% |
| Total equity and liabilities | 10/49 | €330,977 | €377,950 | +€46,973 | +14.2% |
| Equity | 10/15 | €323,447 | €367,969 | +€44,521 | +13.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €311,047 | €355,569 | +€44,521 | +14.3% |
| Distributable reserves | 133 | €311,047 | €355,569 | +€44,521 | +14.3% |
| Amounts payable | 17/49 | €7,530 | €9,981 | +€2,451 | +32.6% |
| Amounts payable within one year | 42/48 | €7,530 | €9,981 | +€2,451 | +32.6% |
| Taxes, remuneration and social security | 45 | €5,230 | €6,117 | +€887 | +17.0% |
| Taxes | 450/3 | €5,230 | €6,117 | +€887 | +17.0% |
| Other amounts payable | 47/48 | €2,300 | €3,864 | +€1,564 | +68.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €52,844 | €63,341 | +€10,498 | +19.9% |
| Operating profit (loss) | 9901 | €52,456 | €62,942 | +€10,485 | +20.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €47 | €48 | +€2 | +3.2% |
| Recurring financial charges | 65 | €47 | €48 | +€2 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €52,410 | €62,894 | +€10,484 | +20.0% |
| Income taxes | 67/77 | €15,500 | €18,372 | +€2,872 | +18.5% |
| Profit (loss) for the period | 9904 | €36,910 | €44,521 | +€7,612 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,910 | €44,521 | +€7,612 | +20.6% |
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 10 October 2026 via checked.be.