BONFOND-CONSTRUCTION: 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.
What changed
BONFOND-CONSTRUCTION
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€20,336
2024 · €1.5m-€1.5m
Equity
€532,971
2024 · -+€532,971
Cash
€1.4m
2024 · €2.3m-€989,805
Balance sheet total
€2.0m
2024 · €2.6m-€697,506
Largest movements
Assets
- Cash -€989,805
down €989,805 (-42.2%), from €2.3m to €1.4m
mainly Other debts (-€909,898) and Receivables within one year (-€347,466)
- Receivables within one year +€347,466
up €347,466 (+199%), from €174,416 to €521,882
of which Trade receivables: +€395,031
- Stocks and contracts -€29,210
down €29,210 (-61.5%), from €47,516 to €18,306
Equity and liabilities
- Other debts -€909,898
down €909,898 (-46.9%), from €1.9m to €1.0m
- Trade debts +€238,153
up €238,153 (+222%), from €107,245 to €345,398
Income statement
- Turnover -€6.4m
no longer reported in 2025 (was €6.4m)
- Purchases and services -€4.3m
no longer reported in 2025 (was €4.3m)
- Gross operating margin -€1.8m
down €1.8m (-86.0%), from €2.1m to €294,451
- Staff costs -€191,980
down €191,980 (-42.8%), from €448,403 to €256,423
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.
Result 2024
€1.5m
Gross operating margin
-€1.8m
Staff costs
+€191,980
Depreciation
+€54,774
Other operating charges
+€40,223
Other operating items
-€3,021
Financial income
-€13,346
Financial charges
+€4,119
Taxes
+€56,784
Result 2025
-€20,336
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€970,950
Investment
-€8,608
Financing
-€10,247
Cash 2024
€2.3m
From operations (derived)
-€970,950
Net result for the year
-€20,336
Depreciation
+€34,448
Stocks and contracts
+€29,210
Receivables within one year
-€347,466
Deferred charges and accrued income
+€116
Trade debts
+€238,153
Tax, wage and social debts
+€4,822
Other debts
-€909,898
Investment (derived)
-€8,608
Investment in fixed assets (net)
-€8,608
Financing
-€10,247
Debts after one year
-€10,589
Current portion of long-term debt
+€342
Contributions, distributions and other
-€0
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,649,915 | €1,952,409 | -€697,506 | -26.3% |
| Fixed assets | 21/28 | €79,579 | €53,739 | -€25,840 | -32.5% |
| Tangible fixed assets | 22/27 | €78,496 | €52,656 | -€25,840 | -32.9% |
| Plant, machinery and equipment | 23 | €60,276 | €37,962 | -€22,314 | -37.0% |
| Furniture and vehicles | 24 | €18,220 | €14,693 | -€3,527 | -19.4% |
| Financial fixed assets | 28 | €1,083 | €1,083 | = | 0.0% |
| Current assets | 29/58 | €2,570,336 | €1,898,671 | -€671,665 | -26.1% |
| Stocks and contracts in progress | 3 | €47,516 | €18,306 | -€29,210 | -61.5% |
| Stocks | 30/36 | €47,516 | €18,306 | -€29,210 | -61.5% |
| Amounts receivable within one year | 40/41 | €174,416 | €521,882 | +€347,466 | +199% |
| Trade receivables | 40 | €126,490 | €521,521 | +€395,031 | +312% |
| Other amounts receivable | 41 | €47,926 | €360 | -€47,566 | -99.2% |
| Cash at bank and in hand | 54/58 | €2,348,288 | €1,358,483 | -€989,805 | -42.2% |
| Deferred charges and accrued income | 490/1 | €116 | - | -€116 | |
| Total equity and liabilities | 10/49 | €2,649,915 | €1,952,409 | -€697,506 | -26.3% |
| Equity | 10/15 | - | €532,971 | +€532,971 | |
| Contributions | 10/11 | €8,304 | €8,304 | -€0 | 0.0% |
| Reserves | 13 | €201,246 | €201,246 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,246 | €1,246 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,246 | €1,246 | -€0 | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €343,757 | €323,422 | -€20,335 | -5.9% |
| Amounts payable | 17/49 | €2,096,608 | €1,419,438 | -€677,170 | -32.3% |
| Amounts payable after more than one year | 17 | €26,198 | €15,609 | -€10,589 | -40.4% |
| Financial debts | 170/4 | €26,198 | €15,609 | -€10,589 | -40.4% |
| Amounts payable within one year | 42/48 | €2,070,410 | €1,403,830 | -€666,580 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €10,247 | €10,589 | +€342 | +3.3% |
| Trade debts | 44 | €107,245 | €345,398 | +€238,153 | +222% |
| Suppliers | 440/4 | €107,245 | €345,398 | +€238,153 | +222% |
| Taxes, remuneration and social security | 45 | €14,371 | €19,193 | +€4,822 | +33.6% |
| Taxes | 450/3 | €6,550 | €10,022 | +€3,472 | +53.0% |
| Remuneration and social security | 454/9 | €7,821 | €9,171 | +€1,350 | +17.3% |
| Other amounts payable | 47/48 | €1,938,547 | €1,028,649 | -€909,898 | -46.9% |
| Turnover | 70 | €6,367,021 | - | -€6.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,284,139 | - | -€4.3m | |
| Remuneration, social security and pensions | 62 | €448,403 | €256,423 | -€191,980 | -42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,222 | €34,448 | -€54,774 | -61.4% |
| Other operating charges | 640/8 | €53,866 | €13,643 | -€40,223 | -74.7% |
| Non-recurring operating charges | 66A | - | €3,021 | +€3,021 | |
| Gross operating margin | 9900 | €2,099,680 | €294,451 | -€1.8m | -86.0% |
| Operating profit (loss) | 9901 | €1,508,189 | -€13,085 | -€1.5m | |
| Financial income | 75/76B | €13,380 | €34 | -€13,346 | -99.7% |
| Recurring financial income | 75 | €12,394 | €34 | -€12,360 | -99.7% |
| Non-recurring financial income | 76B | €986 | - | -€986 | |
| Financial charges | 65/66B | €11,403 | €7,284 | -€4,119 | -36.1% |
| Recurring financial charges | 65 | €11,403 | €7,284 | -€4,119 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €1,510,166 | -€20,336 | -€1.5m | |
| Income taxes | 67/77 | €56,784 | - | -€56,784 | |
| Profit (loss) for the period | 9904 | €1,453,382 | -€20,336 | -€1.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,453,382 | -€20,336 | -€1.5m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.