Bonfuse: what changed
Two fiscal 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.
Bonfuse
Largest movements
- Cash +€96,565
up €96,565 (+44.4%), from €217,327 to €313,892
mainly Net result for the year (+€85,120) and Receivables within one year (+€15,094)
- Receivables within one year -€15,094
down €15,094 (-32.3%), from €46,672 to €31,578
of which Other amounts receivable: -€9,881
- Reserves +€85,120
up €85,120 (+32.2%), from €264,554 to €349,674
- Tax, wage and social debts -€7,259
down €7,259 (-71.7%), from €10,124 to €2,864
- Gross operating margin -€29,856
down €29,856 (-19.1%), from €156,303 to €126,447
- Taxes -€9,035
down €9,035 (-20.0%), from €45,263 to €36,228
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.
Cash bridge derived
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 | €279,879 | €358,130 | +€78,251 | +28.0% |
| Fixed assets | 21/28 | €13,876 | €10,629 | -€3,247 | -23.4% |
| Tangible fixed assets | 22/27 | €13,876 | €10,629 | -€3,247 | -23.4% |
| Land and buildings | 22 | €10,680 | €8,468 | -€2,212 | -20.7% |
| Furniture and vehicles | 24 | €2,253 | €1,218 | -€1,035 | -45.9% |
| Other tangible fixed assets | 26 | €943 | €943 | = | 0.0% |
| Current assets | 29/58 | €266,003 | €347,501 | +€81,498 | +30.6% |
| Amounts receivable within one year | 40/41 | €46,672 | €31,578 | -€15,094 | -32.3% |
| Trade receivables | 40 | €28,019 | €22,806 | -€5,213 | -18.6% |
| Other amounts receivable | 41 | €18,653 | €8,772 | -€9,881 | -53.0% |
| Cash at bank and in hand | 54/58 | €217,327 | €313,892 | +€96,565 | +44.4% |
| Deferred charges and accrued income | 490/1 | €2,003 | €2,031 | +€27 | +1.4% |
| Total equity and liabilities | 10/49 | €279,879 | €358,130 | +€78,251 | +28.0% |
| Equity | 10/15 | €269,554 | €354,674 | +€85,120 | +31.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €264,554 | €349,674 | +€85,120 | +32.2% |
| Distributable reserves | 133 | €264,554 | €349,674 | +€85,120 | +32.2% |
| Amounts payable | 17/49 | €10,325 | €3,457 | -€6,869 | -66.5% |
| Amounts payable within one year | 42/48 | €10,325 | €3,433 | -€6,892 | -66.7% |
| Trade debts | 44 | €161 | €487 | +€326 | +203.0% |
| Suppliers | 440/4 | €161 | €487 | +€326 | +203.0% |
| Taxes, remuneration and social security | 45 | €10,124 | €2,864 | -€7,259 | -71.7% |
| Taxes | 450/3 | €10,124 | €2,864 | -€7,259 | -71.7% |
| Other amounts payable | 47/48 | €41 | €82 | +€41 | +100.0% |
| Accrued charges and deferred income | 492/3 | - | €23 | +€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,548 | €3,247 | -€301 | -8.5% |
| Other operating charges | 640/8 | €999 | €1,389 | +€390 | +39.0% |
| Gross operating margin | 9900 | €156,303 | €126,447 | -€29,856 | -19.1% |
| Operating profit (loss) | 9901 | €151,756 | €121,811 | -€29,945 | -19.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €330 | €463 | +€134 | +40.6% |
| Recurring financial charges | 65 | €330 | €463 | +€134 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €151,426 | €121,348 | -€30,078 | -19.9% |
| Income taxes | 67/77 | €45,263 | €36,228 | -€9,035 | -20.0% |
| Profit (loss) for the period | 9904 | €106,163 | €85,120 | -€21,043 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €106,163 | €85,120 | -€21,043 | -19.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.