BONDOLINE: 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.
BONDOLINE
Largest movements
- Receivables within one year -€57,616
down €57,616 (-80.0%), from €72,047 to €14,431
of which Other amounts receivable: -€35,775
- Receivables after one year +€44,000
up €44,000 (+43.1%), from €102,000 to €146,000
- Deferred charges and accrued income +€5,796
up €5,796 (+7,014%), from €83 to €5,879
- Accrued charges and deferred income -€22,487
down €22,487 (-84.6%), from €26,586 to €4,099
- Reserves +€14,807
up €14,807 (+13.0%), from €114,280 to €129,087
of which Distributable reserves: +€14,807
- Trade debts +€8,262
up €8,262 (+40.9%), from €20,198 to €28,460
- Advances received -€5,324
down €5,324 (-100%), from €5,324 to €0
- Staff costs +€17,167
up €17,167 (+46.5%), from €36,879 to €54,046
- Gross operating margin +€7,530
up €7,530 (+11.8%), from €63,874 to €71,404
- Taxes -€4,310
down €4,310 (-40.2%), from €10,726 to €6,416
- Financial income +€1,091
up €1,091 (+20.1%), from €5,426 to €6,517
- Other operating charges -€861
down €861 (-58.0%), from €1,484 to €623
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 | €349,930 | €343,509 | -€6,421 | -1.8% |
| Fixed assets | 21/28 | €1,228 | €3,744 | +€2,516 | +205% |
| Tangible fixed assets | 22/27 | €1,228 | €3,744 | +€2,516 | +205% |
| Land and buildings | 22 | €581 | €322 | -€258 | -44.5% |
| Plant, machinery and equipment | 23 | €648 | €327 | -€320 | -49.5% |
| Furniture and vehicles | 24 | - | €3,095 | +€3,095 | |
| Current assets | 29/58 | €348,701 | €339,764 | -€8,937 | -2.6% |
| Amounts receivable after more than one year | 29 | €102,000 | €146,000 | +€44,000 | +43.1% |
| Other amounts receivable | 291 | €102,000 | €146,000 | +€44,000 | +43.1% |
| Stocks and contracts in progress | 3 | €44,420 | €42,681 | -€1,739 | -3.9% |
| Stocks | 30/36 | €44,420 | €42,681 | -€1,739 | -3.9% |
| Amounts receivable within one year | 40/41 | €72,047 | €14,431 | -€57,616 | -80.0% |
| Trade receivables | 40 | €26,864 | €5,023 | -€21,841 | -81.3% |
| Other amounts receivable | 41 | €45,183 | €9,408 | -€35,775 | -79.2% |
| Cash at bank and in hand | 54/58 | €130,152 | €130,774 | +€622 | +0.5% |
| Deferred charges and accrued income | 490/1 | €83 | €5,879 | +€5,796 | +7,014% |
| Total equity and liabilities | 10/49 | €349,930 | €343,509 | -€6,421 | -1.8% |
| Equity | 10/15 | €248,869 | €263,676 | +€14,807 | +5.9% |
| Contributions | 10/11 | €12,397 | €12,397 | = | 0.0% |
| Reserves | 13 | €114,280 | €129,087 | +€14,807 | +13.0% |
| Non-distributable reserves | 130/1 | €1,856 | €1,856 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,856 | €1,856 | = | 0.0% |
| Distributable reserves | 133 | €112,424 | €127,230 | +€14,807 | +13.2% |
| Profit (loss) carried forward | 14 | €122,192 | €122,192 | = | 0.0% |
| Amounts payable | 17/49 | €101,060 | €79,833 | -€21,228 | -21.0% |
| Amounts payable within one year | 42/48 | €74,474 | €75,734 | +€1,260 | +1.7% |
| Trade debts | 44 | €20,198 | €28,460 | +€8,262 | +40.9% |
| Suppliers | 440/4 | €20,198 | €28,460 | +€8,262 | +40.9% |
| Advances received on contracts in progress | 46 | €5,324 | €0 | -€5,324 | -100% |
| Taxes, remuneration and social security | 45 | €13,486 | €11,808 | -€1,678 | -12.4% |
| Taxes | 450/3 | €10,728 | €6,421 | -€4,307 | -40.1% |
| Remuneration and social security | 454/9 | €2,759 | €5,387 | +€2,628 | +95.3% |
| Other amounts payable | 47/48 | €35,466 | €35,466 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €26,586 | €4,099 | -€22,487 | -84.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €36,879 | €54,046 | +€17,167 | +46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €790 | €726 | -€64 | -8.1% |
| Other operating charges | 640/8 | €1,484 | €623 | -€861 | -58.0% |
| Gross operating margin | 9900 | €63,874 | €71,404 | +€7,530 | +11.8% |
| Operating profit (loss) | 9901 | €24,720 | €16,009 | -€8,711 | -35.2% |
| Financial income | 75/76B | €5,426 | €6,517 | +€1,091 | +20.1% |
| Recurring financial income | 75 | €5,426 | €6,517 | +€1,091 | +20.1% |
| Financial charges | 65/66B | €836 | €1,303 | +€467 | +55.9% |
| Recurring financial charges | 65 | €836 | €1,303 | +€467 | +55.9% |
| Profit (loss) for the period before taxes | 9903 | €29,310 | €21,223 | -€8,087 | -27.6% |
| Income taxes | 67/77 | €10,726 | €6,416 | -€4,310 | -40.2% |
| Profit (loss) for the period | 9904 | €18,585 | €14,807 | -€3,778 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,585 | €14,807 | -€3,778 | -20.3% |
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 16 October 2026 via checked.be.