BONDGENOTEN: what changed
What changed
BONDGENOTEN
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€4,050
2024 · €49,259-€45,209
Equity
€326,449
2024 · €322,399+€4,050
Cash
€3,027
2024 · €3,766-€739
Balance sheet total
€1.2m
2024 · €1.1m+€47,911
Largest movements
Assets
- Tangible fixed assets +€51,681
up €51,681 (+4.6%), from €1.1m to €1.2m
Equity and liabilities
- Trade debts +€60,162
up €60,162 (+3,133%), from €1,920 to €62,082
- Debts after one year -€58,867
down €58,867 (-8.8%), from €667,155 to €608,289
- Other debts +€48,172
up €48,172 (+60.6%), from €79,500 to €127,672
Income statement
- Gross operating margin -€32,864
down €32,864 (-27.5%), from €119,315 to €86,450
- Other operating charges +€16,036
up €16,036 (+209%), from €7,687 to €23,723
- Taxes -€13,560
down €13,560 (-76.7%), from €17,674 to €4,114
- Financial charges +€8,900
up €8,900 (+103%), from €8,599 to €17,500
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€49,259
Gross operating margin
-€32,864
Depreciation
-€969
Other operating charges
-€16,036
Financial income
-€0
Financial charges
-€8,900
Taxes
+€13,560
Result 2025
€4,050
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€146,872
Investment
-€88,744
Financing
-€58,867
Cash 2024
€3,766
From operations (derived)
+€146,872
Net result for the year
+€4,050
Depreciation
+€37,063
Receivables within one year
+€5,059
Deferred charges and accrued income
-€2,028
Trade debts
+€60,162
Tax, wage and social debts
-€5,605
Other debts
+€48,172
Investment (derived)
-€88,744
Investment in fixed assets (net)
-€88,744
Financing
-€58,867
Debts after one year
-€58,867
Cash 2025
€3,027
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,143,762 | €1,191,673 | +€47,911 | +4.2% |
| Fixed assets | 21/28 | €1,125,671 | €1,177,352 | +€51,681 | +4.6% |
| Tangible fixed assets | 22/27 | €1,125,671 | €1,177,352 | +€51,681 | +4.6% |
| Land and buildings | 22 | €1,125,671 | €1,177,352 | +€51,681 | +4.6% |
| Current assets | 29/58 | €18,091 | €14,322 | -€3,769 | -20.8% |
| Amounts receivable within one year | 40/41 | €13,788 | €8,729 | -€5,059 | -36.7% |
| Trade receivables | 40 | €12,760 | €4,000 | -€8,760 | -68.7% |
| Other amounts receivable | 41 | €1,028 | €4,729 | +€3,701 | +360% |
| Cash at bank and in hand | 54/58 | €3,766 | €3,027 | -€739 | -19.6% |
| Deferred charges and accrued income | 490/1 | €537 | €2,565 | +€2,028 | +378% |
| Total equity and liabilities | 10/49 | €1,143,762 | €1,191,673 | +€47,911 | +4.2% |
| Equity | 10/15 | €322,399 | €326,449 | +€4,050 | +1.3% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,399 | €151,449 | +€4,050 | +2.7% |
| Amounts payable | 17/49 | €821,363 | €865,225 | +€43,861 | +5.3% |
| Amounts payable after more than one year | 17 | €667,155 | €608,289 | -€58,867 | -8.8% |
| Financial debts | 170/4 | €667,155 | €608,289 | -€58,867 | -8.8% |
| Amounts payable within one year | 42/48 | €154,208 | €256,936 | +€102,728 | +66.6% |
| Current portion of amounts payable after more than one year | 42 | €58,867 | €58,867 | = | 0.0% |
| Trade debts | 44 | €1,920 | €62,082 | +€60,162 | +3,133% |
| Suppliers | 440/4 | €1,920 | €62,082 | +€60,162 | +3,133% |
| Taxes, remuneration and social security | 45 | €13,921 | €8,316 | -€5,605 | -40.3% |
| Taxes | 450/3 | €13,921 | €8,316 | -€5,605 | -40.3% |
| Other amounts payable | 47/48 | €79,500 | €127,672 | +€48,172 | +60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,095 | €37,063 | +€969 | +2.7% |
| Other operating charges | 640/8 | €7,687 | €23,723 | +€16,036 | +209% |
| Gross operating margin | 9900 | €119,315 | €86,450 | -€32,864 | -27.5% |
| Operating profit (loss) | 9901 | €75,533 | €25,664 | -€49,869 | -66.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €8,599 | €17,500 | +€8,900 | +103% |
| Recurring financial charges | 65 | €8,599 | €17,500 | +€8,900 | +103% |
| Profit (loss) for the period before taxes | 9903 | €66,933 | €8,164 | -€58,769 | -87.8% |
| Income taxes | 67/77 | €17,674 | €4,114 | -€13,560 | -76.7% |
| Profit (loss) for the period | 9904 | €49,259 | €4,050 | -€45,209 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,259 | €4,050 | -€45,209 | -91.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.