Bongaerts Management: what changed
Bongaerts Management
Largest movements
- Receivables within one year +€16,169
new in 2025: €16,169
of which Trade receivables: +€11,495
- Cash -€15,853
down €15,853 (-46.9%), from €33,822 to €17,969
mainly Receivables within one year (-€16,169) and Trade debts (-€10,673)
- Deferred charges and accrued income -€1,351
down €1,351 (-21.0%), from €6,436 to €5,085
- Trade debts -€10,673
down €10,673 (-90.1%), from €11,845 to €1,172
- Reserves +€7,560
up €7,560 (+56.8%), from €13,316 to €20,876
- Tax, wage and social debts +€2,077
up €2,077 (+17.9%), from €11,597 to €13,674
of which Remuneration and social security: +€3,000
- Gross operating margin -€5,876
down €5,876 (-32.5%), from €18,061 to €12,184
- Financial charges +€1,753
up €1,753 (+9,969%), from €18 to €1,770
- Taxes -€1,674
down €1,674 (-42.8%), from €3,912 to €2,238
- Other operating charges -€199
down €199 (-24.4%), from €815 to €616
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,258 | €39,223 | -€1,036 | -2.6% |
| Current assets | 29/58 | €40,258 | €39,223 | -€1,036 | -2.6% |
| Amounts receivable within one year | 40/41 | - | €16,169 | +€16,169 | |
| Trade receivables | 40 | - | €11,495 | +€11,495 | |
| Other amounts receivable | 41 | - | €4,674 | +€4,674 | |
| Cash at bank and in hand | 54/58 | €33,822 | €17,969 | -€15,853 | -46.9% |
| Deferred charges and accrued income | 490/1 | €6,436 | €5,085 | -€1,351 | -21.0% |
| Total equity and liabilities | 10/49 | €40,258 | €39,223 | -€1,036 | -2.6% |
| Equity | 10/15 | €16,816 | €24,376 | +€7,560 | +45.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €13,316 | €20,876 | +€7,560 | +56.8% |
| Distributable reserves | 133 | €13,316 | €20,876 | +€7,560 | +56.8% |
| Amounts payable | 17/49 | €23,442 | €14,846 | -€8,595 | -36.7% |
| Amounts payable within one year | 42/48 | €23,442 | €14,846 | -€8,595 | -36.7% |
| Trade debts | 44 | €11,845 | €1,172 | -€10,673 | -90.1% |
| Suppliers | 440/4 | €11,845 | €1,172 | -€10,673 | -90.1% |
| Taxes, remuneration and social security | 45 | €11,597 | €13,674 | +€2,077 | +17.9% |
| Taxes | 450/3 | €11,597 | €10,674 | -€923 | -8.0% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other operating charges | 640/8 | €815 | €616 | -€199 | -24.4% |
| Gross operating margin | 9900 | €18,061 | €12,184 | -€5,876 | -32.5% |
| Operating profit (loss) | 9901 | €17,246 | €11,568 | -€5,678 | -32.9% |
| Financial charges | 65/66B | €18 | €1,770 | +€1,753 | +9,969% |
| Recurring financial charges | 65 | €18 | €1,770 | +€1,753 | +9,969% |
| Profit (loss) for the period before taxes | 9903 | €17,228 | €9,798 | -€7,430 | -43.1% |
| Income taxes | 67/77 | €3,912 | €2,238 | -€1,674 | -42.8% |
| Profit (loss) for the period | 9904 | €13,316 | €7,560 | -€5,756 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,316 | €7,560 | -€5,756 | -43.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.