BONI: 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.
BONI
Largest movements
- Receivables after one year +€73,043
new in 2025: €73,043
- Cash -€65,075
down €65,075 (-44.6%), from €146,062 to €80,987
mainly Receivables after one year (-€73,043) and Contributions, distributions and other (-€25,452)
- Receivables within one year -€17,299
no longer reported in 2025 (was €17,299)
of which Other amounts receivable: -€12,048
- Reserves -€8,433
down €8,433 (-5.1%), from €166,790 to €158,357
of which Distributable reserves: -€8,433
- Debts after one year -€8,201
down €8,201 (-37.1%), from €22,076 to €13,875
- Tax, wage and social debts +€5,565
up €5,565 (+36.9%), from €15,081 to €20,646
- Other debts +€3,008
new in 2025: €3,008
- Depreciation -€4,775
down €4,775 (-24.8%), from €19,278 to €14,503
- Gross operating margin +€3,930
up €3,930 (+9.7%), from €40,560 to €44,490
- Taxes +€2,248
up €2,248 (+26.7%), from €8,425 to €10,673
- Financial income -€882
down €882 (-21.6%), from €4,077 to €3,195
- Financial charges +€545
up €545 (+19.4%), from €2,814 to €3,360
of which Financial charges: +€598
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 | €220,617 | €213,157 | -€7,460 | -3.4% |
| Fixed assets | 21/28 | €50,255 | €51,678 | +€1,423 | +2.8% |
| Tangible fixed assets | 22/27 | €50,255 | €51,678 | +€1,423 | +2.8% |
| Land and buildings | 22 | €7,990 | €6,365 | -€1,625 | -20.3% |
| Plant, machinery and equipment | 23 | €36,291 | €30,396 | -€5,895 | -16.2% |
| Furniture and vehicles | 24 | €5,974 | €14,917 | +€8,943 | +149.7% |
| Current assets | 29/58 | €170,362 | €161,479 | -€8,883 | -5.2% |
| Amounts receivable after more than one year | 29 | - | €73,043 | +€73,043 | |
| Other amounts receivable | 291 | - | €73,043 | +€73,043 | |
| Amounts receivable within one year | 40/41 | €17,299 | - | -€17,299 | |
| Trade receivables | 40 | €5,251 | - | -€5,251 | |
| Other amounts receivable | 41 | €12,048 | - | -€12,048 | |
| Current investments | 50/53 | €5,327 | €5,327 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €146,062 | €80,987 | -€65,075 | -44.6% |
| Deferred charges and accrued income | 490/1 | €1,674 | €2,121 | +€448 | +26.7% |
| Total equity and liabilities | 10/49 | €220,617 | €213,157 | -€7,460 | -3.4% |
| Equity | 10/15 | €174,940 | €166,507 | -€8,433 | -4.8% |
| Contributions | 10/11 | €8,150 | €8,150 | = | 0.0% |
| Reserves | 13 | €166,790 | €158,357 | -€8,433 | -5.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,000 | €29,000 | = | 0.0% |
| Distributable reserves | 133 | €135,930 | €127,497 | -€8,433 | -6.2% |
| Amounts payable | 17/49 | €45,677 | €46,650 | +€973 | +2.1% |
| Amounts payable after more than one year | 17 | €22,076 | €13,875 | -€8,201 | -37.1% |
| Financial debts | 170/4 | €22,076 | €13,875 | -€8,201 | -37.1% |
| Amounts payable within one year | 42/48 | €23,600 | €32,775 | +€9,175 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €7,792 | €8,201 | +€409 | +5.3% |
| Trade debts | 44 | €727 | €920 | +€193 | +26.5% |
| Suppliers | 440/4 | €727 | €920 | +€193 | +26.5% |
| Taxes, remuneration and social security | 45 | €15,081 | €20,646 | +€5,565 | +36.9% |
| Taxes | 450/3 | €15,081 | €20,646 | +€5,565 | +36.9% |
| Other amounts payable | 47/48 | - | €3,008 | +€3,008 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,278 | €14,503 | -€4,775 | -24.8% |
| Other operating charges | 640/8 | €2,078 | €2,129 | +€51 | +2.5% |
| Gross operating margin | 9900 | €40,560 | €44,490 | +€3,930 | +9.7% |
| Operating profit (loss) | 9901 | €19,204 | €27,857 | +€8,653 | +45.1% |
| Financial income | 75/76B | €4,077 | €3,195 | -€882 | -21.6% |
| Recurring financial income | 75 | €4,077 | €3,195 | -€882 | -21.6% |
| Financial charges | 65/66B | €2,814 | €3,360 | +€545 | +19.4% |
| Recurring financial charges | 65 | €2,761 | €3,360 | +€598 | +21.7% |
| Non-recurring financial charges | 66B | €53 | - | -€53 | |
| Profit (loss) for the period before taxes | 9903 | €20,467 | €27,692 | +€7,226 | +35.3% |
| Income taxes | 67/77 | €8,425 | €10,673 | +€2,248 | +26.7% |
| Profit (loss) for the period | 9904 | €12,041 | €17,019 | +€4,978 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,041 | €17,019 | +€4,978 | +41.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.