BONHANZA: 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.
BONHANZA
Largest movements
- Stocks and contracts +€34,614
up €34,614 (+66.1%), from €52,377 to €86,991
- Receivables within one year -€30,780
down €30,780 (-74.1%), from €41,544 to €10,765
- Tangible fixed assets -€5,478
down €5,478 (-22.5%), from €24,294 to €18,816
- Reserves +€9,096
up €9,096 (+16.1%), from €56,571 to €65,667
of which Distributable reserves: +€9,096
- Debts after one year -€4,798
down €4,798 (-18.0%), from €26,615 to €21,816
- Current portion of long-term debt -€3,123
down €3,123 (-39.4%), from €7,922 to €4,798
- Trade debts -€2,012
down €2,012 (-23.1%), from €8,722 to €6,710
- Gross operating margin +€9,530
up €9,530 (+99.3%), from €9,600 to €19,130
- Depreciation +€3,863
up €3,863 (+239.2%), from €1,615 to €5,478
- Write-downs +€3,514
no longer reported in 2025 (was -€3,514)
- Financial income -€1,055
down €1,055 (-39.9%), from €2,645 to €1,590
- Financial charges +€807
up €807 (+99.0%), from €815 to €1,622
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 | €119,946 | €118,192 | -€1,753 | -1.5% |
| Fixed assets | 21/28 | €24,294 | €18,816 | -€5,478 | -22.5% |
| Tangible fixed assets | 22/27 | €24,294 | €18,816 | -€5,478 | -22.5% |
| Furniture and vehicles | 24 | €24,294 | €18,816 | -€5,478 | -22.5% |
| Current assets | 29/58 | €95,651 | €99,376 | +€3,725 | +3.9% |
| Stocks and contracts in progress | 3 | €52,377 | €86,991 | +€34,614 | +66.1% |
| Stocks | 30/36 | €52,377 | €86,991 | +€34,614 | +66.1% |
| Amounts receivable within one year | 40/41 | €41,544 | €10,765 | -€30,780 | -74.1% |
| Other amounts receivable | 41 | €41,544 | €10,765 | -€30,780 | -74.1% |
| Cash at bank and in hand | 54/58 | €1,231 | €1,504 | +€273 | +22.2% |
| Deferred charges and accrued income | 490/1 | €499 | €117 | -€382 | -76.6% |
| Total equity and liabilities | 10/49 | €119,946 | €118,192 | -€1,753 | -1.5% |
| Equity | 10/15 | €71,771 | €80,867 | +€9,096 | +12.7% |
| Contributions | 10/11 | €15,200 | €15,200 | = | 0.0% |
| Reserves | 13 | €56,571 | €65,667 | +€9,096 | +16.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €54,711 | €63,807 | +€9,096 | +16.6% |
| Amounts payable | 17/49 | €48,175 | €37,325 | -€10,850 | -22.5% |
| Amounts payable after more than one year | 17 | €26,615 | €21,816 | -€4,798 | -18.0% |
| Financial debts | 170/4 | €26,615 | €21,816 | -€4,798 | -18.0% |
| Amounts payable within one year | 42/48 | €21,560 | €15,509 | -€6,051 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €7,922 | €4,798 | -€3,123 | -39.4% |
| Trade debts | 44 | €8,722 | €6,710 | -€2,012 | -23.1% |
| Suppliers | 440/4 | €8,722 | €6,710 | -€2,012 | -23.1% |
| Taxes, remuneration and social security | 45 | €4,916 | €4,000 | -€916 | -18.6% |
| Taxes | 450/3 | €4,916 | €4,000 | -€916 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,615 | €5,478 | +€3,863 | +239.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,514 | - | +€3,514 | |
| Other operating charges | 640/8 | €705 | €520 | -€186 | -26.3% |
| Gross operating margin | 9900 | €9,600 | €19,130 | +€9,530 | +99.3% |
| Operating profit (loss) | 9901 | €10,794 | €13,133 | +€2,339 | +21.7% |
| Financial income | 75/76B | €2,645 | €1,590 | -€1,055 | -39.9% |
| Recurring financial income | 75 | €2,645 | €1,590 | -€1,055 | -39.9% |
| Financial charges | 65/66B | €815 | €1,622 | +€807 | +99.0% |
| Recurring financial charges | 65 | €815 | €1,622 | +€807 | +99.0% |
| Profit (loss) for the period before taxes | 9903 | €12,624 | €13,101 | +€477 | +3.8% |
| Income taxes | 67/77 | €4,354 | €4,005 | -€349 | -8.0% |
| Profit (loss) for the period | 9904 | €8,270 | €9,096 | +€826 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,270 | €9,096 | +€826 | +10.0% |
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 5 October 2026 via checked.be.