BONFOND IMMO: 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.
BONFOND IMMO
Largest movements
- Tangible fixed assets -€673,297
down €673,297 (-98.3%), from €684,642 to €11,345
of which Land and buildings: -€660,361
- Stocks and contracts -€124,240
down €124,240 (-34.7%), from €357,675 to €233,435
- Receivables within one year +€80,407
up €80,407 (+725%), from €11,084 to €91,491
of which Other amounts receivable: +€87,586
- Cash +€15,293
up €15,293 (+32.6%), from €46,864 to €62,157
mainly Investment in fixed assets (net) (+€614,976) and Stocks and contracts (+€124,240)
- Short-term financial debts -€361,000
no longer reported in 2025 (was €361,000)
- Debts after one year -€299,496
no longer reported in 2025 (was €299,496)
of which Other amounts payable: -€290,000
- Trade debts -€135,087
down €135,087 (-80.5%), from €167,760 to €32,673
- Contributions -€109,149
down €109,149 (-20.6%), from €530,000 to €420,851
- Other debts +€97,360
up €97,360 (+160%), from €60,925 to €158,285
- Staff costs -€50,829
down €50,829 (-78.3%), from €64,890 to €14,061
- Gross operating margin +€45,480
up €45,480 (+274%), from €16,613 to €62,093
- Financial charges +€1,523
up €1,523 (+9.6%), from €15,825 to €17,348
- Depreciation +€1,471
up €1,471 (+2.6%), from €56,850 to €58,321
- Other operating charges +€1,446
up €1,446 (+237%), from €611 to €2,057
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 | €1,103,709 | €402,546 | -€701,163 | -63.5% |
| Fixed assets | 21/28 | €684,642 | €11,345 | -€673,297 | -98.3% |
| Tangible fixed assets | 22/27 | €684,642 | €11,345 | -€673,297 | -98.3% |
| Land and buildings | 22 | €660,361 | - | -€660,361 | |
| Furniture and vehicles | 24 | €24,281 | €11,345 | -€12,936 | -53.3% |
| Current assets | 29/58 | €419,067 | €391,201 | -€27,866 | -6.6% |
| Stocks and contracts in progress | 3 | €357,675 | €233,435 | -€124,240 | -34.7% |
| Stocks | 30/36 | €357,675 | €233,435 | -€124,240 | -34.7% |
| Amounts receivable within one year | 40/41 | €11,084 | €91,491 | +€80,407 | +725% |
| Trade receivables | 40 | €10,204 | €3,025 | -€7,179 | -70.4% |
| Other amounts receivable | 41 | €880 | €88,466 | +€87,586 | +9,953% |
| Cash at bank and in hand | 54/58 | €46,864 | €62,157 | +€15,293 | +32.6% |
| Deferred charges and accrued income | 490/1 | €3,444 | €4,119 | +€675 | +19.6% |
| Total equity and liabilities | 10/49 | €1,103,709 | €402,546 | -€701,163 | -63.5% |
| Equity | 10/15 | €180,719 | €147,106 | -€33,613 | -18.6% |
| Contributions | 10/11 | €530,000 | €420,851 | -€109,149 | -20.6% |
| Profit (loss) carried forward | 14 | -€349,281 | -€273,745 | +€75,536 | +21.6% |
| Amounts payable | 17/49 | €922,991 | €255,440 | -€667,551 | -72.3% |
| Amounts payable after more than one year | 17 | €299,496 | - | -€299,496 | |
| Financial debts | 170/4 | €9,496 | - | -€9,496 | |
| Other amounts payable | 178/9 | €290,000 | - | -€290,000 | |
| Amounts payable within one year | 42/48 | €623,495 | €255,440 | -€368,055 | -59.0% |
| Current portion of amounts payable after more than one year | 42 | €13,702 | €9,496 | -€4,206 | -30.7% |
| Financial debts | 43 | €361,000 | - | -€361,000 | |
| Credit institutions | 430/8 | €361,000 | - | -€361,000 | |
| Trade debts | 44 | €167,760 | €32,673 | -€135,087 | -80.5% |
| Suppliers | 440/4 | €167,760 | €32,673 | -€135,087 | -80.5% |
| Taxes, remuneration and social security | 45 | €20,107 | €54,986 | +€34,879 | +173% |
| Taxes | 450/3 | €5,825 | €54,986 | +€49,161 | +844% |
| Remuneration and social security | 454/9 | €14,283 | - | -€14,283 | |
| Other amounts payable | 47/48 | €60,925 | €158,285 | +€97,360 | +160% |
| Remuneration, social security and pensions | 62 | €64,890 | €14,061 | -€50,829 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,850 | €58,321 | +€1,471 | +2.6% |
| Other operating charges | 640/8 | €611 | €2,057 | +€1,446 | +237% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €16,613 | €62,093 | +€45,480 | +274% |
| Operating profit (loss) | 9901 | -€105,739 | -€12,345 | +€93,394 | +88.3% |
| Financial income | 75/76B | €1 | €157 | +€156 | +26,067% |
| Recurring financial income | 75 | €1 | €157 | +€156 | +26,067% |
| Financial charges | 65/66B | €15,825 | €17,348 | +€1,523 | +9.6% |
| Recurring financial charges | 65 | €15,825 | €17,348 | +€1,523 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€121,563 | -€29,536 | +€92,027 | +75.7% |
| Income taxes | 67/77 | €159 | €36 | -€123 | -77.3% |
| Profit (loss) for the period | 9904 | -€121,722 | -€29,572 | +€92,150 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,722 | -€29,572 | +€92,150 | +75.7% |
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 14 October 2026 via checked.be.