Bondoe: 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.
Bondoe
Largest movements
- Tangible fixed assets +€1.2m
new in 2025: €1.2m
- Receivables within one year -€58,118
down €58,118 (-29.9%), from €194,103 to €135,985
of which Trade receivables: -€120,739
- Debts after one year +€1.0m
new in 2025: €1.0m
- Other debts +€180,300
up €180,300 (+116%), from €155,000 to €335,300
- Tax, wage and social debts -€53,134
down €53,134 (-94.2%), from €56,380 to €3,246
- Current portion of long-term debt +€34,796
new in 2025: €34,796
- Gross operating margin -€120,084
down €120,084 (-50.3%), from €238,524 to €118,440
- Depreciation +€83,016
new in 2025: €83,016
- Financial charges +€29,837
new in 2025: €29,837
- Taxes -€21,630
down €21,630 (-97.8%), from €22,119 to €489
- Other operating charges +€3,061
up €3,061 (+6,123%), from €50 to €3,111
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 | €341,425 | €1,512,883 | +€1.2m | +343% |
| Fixed assets | 21/28 | €75,000 | €1,306,936 | +€1.2m | +1,643% |
| Tangible fixed assets | 22/27 | - | €1,231,936 | +€1.2m | |
| Land and buildings | 22 | - | €1,231,936 | +€1.2m | |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €266,425 | €205,947 | -€60,477 | -22.7% |
| Amounts receivable within one year | 40/41 | €194,103 | €135,985 | -€58,118 | -29.9% |
| Trade receivables | 40 | €194,103 | €73,364 | -€120,739 | -62.2% |
| Other amounts receivable | 41 | - | €62,621 | +€62,621 | |
| Cash at bank and in hand | 54/58 | €72,322 | €69,962 | -€2,359 | -3.3% |
| Total equity and liabilities | 10/49 | €341,425 | €1,512,883 | +€1.2m | +343% |
| Equity | 10/15 | €90,356 | €92,343 | +€1,987 | +2.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €86,356 | €88,343 | +€1,987 | +2.3% |
| Distributable reserves | 133 | €86,356 | €88,343 | +€1,987 | +2.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €251,069 | €1,420,540 | +€1.2m | +466% |
| Amounts payable after more than one year | 17 | - | €1,001,991 | +€1.0m | |
| Financial debts | 170/4 | - | €1,001,991 | +€1.0m | |
| Amounts payable within one year | 42/48 | €251,069 | €413,049 | +€161,980 | +64.5% |
| Current portion of amounts payable after more than one year | 42 | - | €34,796 | +€34,796 | |
| Trade debts | 44 | €39,689 | €39,707 | +€18 | 0.0% |
| Suppliers | 440/4 | €39,689 | €39,707 | +€18 | 0.0% |
| Taxes, remuneration and social security | 45 | €56,380 | €3,246 | -€53,134 | -94.2% |
| Taxes | 450/3 | €56,380 | €3,246 | -€53,134 | -94.2% |
| Other amounts payable | 47/48 | €155,000 | €335,300 | +€180,300 | +116% |
| Accrued charges and deferred income | 492/3 | - | €5,500 | +€5,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €83,016 | +€83,016 | |
| Other operating charges | 640/8 | €50 | €3,111 | +€3,061 | +6,123% |
| Gross operating margin | 9900 | €238,524 | €118,440 | -€120,084 | -50.3% |
| Operating profit (loss) | 9901 | €238,474 | €32,313 | -€206,162 | -86.5% |
| Financial charges | 65/66B | - | €29,837 | +€29,837 | |
| Recurring financial charges | 65 | - | €29,837 | +€29,837 | |
| Profit (loss) for the period before taxes | 9903 | €238,474 | €2,476 | -€235,998 | -99.0% |
| Income taxes | 67/77 | €22,119 | €489 | -€21,630 | -97.8% |
| Profit (loss) for the period | 9904 | €216,356 | €1,987 | -€214,368 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €216,356 | €1,987 | -€214,368 | -99.1% |
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 13 October 2026 via checked.be.