BONANIM: 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.
BONANIM
Largest movements
- Stocks and contracts -€113,470
no longer reported in 2025 (was €113,470)
- Cash -€14,578
down €14,578 (-100.0%), from €14,578 to €0
mainly Debts after one year (-€176,773) and Investment in fixed assets (net) (-€40,994)
- Tangible fixed assets +€9,571
up €9,571 (+1.3%), from €720,648 to €730,219
of which Land and buildings: +€10,334
- Debts after one year -€176,773
down €176,773 (-51.0%), from €346,465 to €169,691
- Short-term financial debts +€88,267
new in 2025: €88,267
- Profit (loss) carried forward -€15,348
down €15,348 (-4.5%), from €342,811 to €327,464
- Gross operating margin +€7,554
up €7,554 (+25.2%), from €29,942 to €37,496
- Financial charges -€7,420
down €7,420 (-36.2%), from €20,515 to €13,094
- Depreciation +€590
up €590 (+1.9%), from €30,833 to €31,423
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 | €862,675 | €747,242 | -€115,433 | -13.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €720,648 | €730,219 | +€9,571 | +1.3% |
| Tangible fixed assets | 22/27 | €720,648 | €730,219 | +€9,571 | +1.3% |
| Land and buildings | 22 | €718,809 | €729,143 | +€10,334 | +1.4% |
| Plant, machinery and equipment | 23 | €1,839 | €1,076 | -€763 | -41.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €142,027 | €17,023 | -€125,004 | -88.0% |
| Stocks and contracts in progress | 3 | €113,470 | - | -€113,470 | |
| Stocks | 30/36 | €113,470 | - | -€113,470 | |
| Amounts receivable within one year | 40/41 | €13,979 | €13,951 | -€28 | -0.2% |
| Trade receivables | 40 | €7,299 | €7,286 | -€13 | -0.2% |
| Other amounts receivable | 41 | €6,680 | €6,665 | -€15 | -0.2% |
| Current investments | 50/53 | - | €2,702 | +€2,702 | |
| Cash at bank and in hand | 54/58 | €14,578 | €0 | -€14,578 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €371 | +€371 | |
| Total equity and liabilities | 10/49 | €862,675 | €747,242 | -€115,433 | -13.4% |
| Equity | 10/15 | €363,271 | €347,924 | -€15,348 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €342,811 | €327,464 | -€15,348 | -4.5% |
| Provisions and deferred taxes | 16 | €95,593 | €90,283 | -€5,311 | -5.6% |
| Deferred taxes | 168 | €95,593 | €90,283 | -€5,311 | -5.6% |
| Amounts payable | 17/49 | €403,811 | €309,036 | -€94,774 | -23.5% |
| Amounts payable after more than one year | 17 | €346,465 | €169,691 | -€176,773 | -51.0% |
| Financial debts | 170/4 | €346,465 | €169,691 | -€176,773 | -51.0% |
| Amounts payable within one year | 42/48 | €57,346 | €139,345 | +€81,999 | +143.0% |
| Current portion of amounts payable after more than one year | 42 | €25,129 | €25,477 | +€348 | +1.4% |
| Financial debts | 43 | - | €88,267 | +€88,267 | |
| Credit institutions | 430/8 | - | €88,267 | +€88,267 | |
| Trade debts | 44 | €5,421 | €520 | -€4,900 | -90.4% |
| Suppliers | 440/4 | €5,421 | €520 | -€4,900 | -90.4% |
| Advances received on contracts in progress | 46 | €8 | - | -€8 | |
| Taxes, remuneration and social security | 45 | €4,651 | €4,244 | -€407 | -8.7% |
| Taxes | 450/3 | €4,651 | €4,244 | -€407 | -8.7% |
| Other amounts payable | 47/48 | €22,136 | €20,836 | -€1,300 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,833 | €31,423 | +€590 | +1.9% |
| Other operating charges | 640/8 | €13,636 | €13,304 | -€332 | -2.4% |
| Gross operating margin | 9900 | €29,942 | €37,496 | +€7,554 | +25.2% |
| Operating profit (loss) | 9901 | -€14,528 | -€7,231 | +€7,296 | +50.2% |
| Financial income | 75/76B | €1 | €1 | +€0 | +15.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +15.0% |
| Financial charges | 65/66B | €20,515 | €13,094 | -€7,420 | -36.2% |
| Recurring financial charges | 65 | €20,515 | €13,094 | -€7,420 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | -€35,041 | -€20,324 | +€14,717 | +42.0% |
| Transfer from deferred taxes | 780 | €5,311 | €5,311 | = | 0.0% |
| Income taxes | 67/77 | €319 | €334 | +€15 | +4.7% |
| Profit (loss) for the period | 9904 | -€30,050 | -€15,348 | +€14,702 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,050 | -€15,348 | +€14,702 | +48.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.