BONI PASTORIS: 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.
BONI PASTORIS
Largest movements
- Receivables after one year -€75,000
down €75,000 (-100%), from €75,000 to €0
- Cash +€66,998
up €66,998 (+104%), from €64,556 to €131,555
mainly Receivables after one year (+€75,000) and Net result for the year (+€46,746)
- Deferred charges and accrued income +€48,654
up €48,654 (+1,847%), from €2,635 to €51,289
- Tangible fixed assets -€10,354
down €10,354 (-19.1%), from €54,321 to €43,967
of which Leasing and similar rights: -€11,280
- Receivables within one year -€4,249
down €4,249 (-88.6%), from €4,794 to €545
of which Other amounts receivable: -€3,294
- Reserves +€46,746
up €46,746 (+27.1%), from €172,538 to €219,283
- Provisions -€29,970
down €29,970 (-100%), from €29,970 to €0
- Debts after one year -€11,549
down €11,549 (-41.8%), from €27,635 to €16,086
- Tax, wage and social debts +€11,540
up €11,540 (+102%), from €11,304 to €22,843
- Other debts +€4,460
up €4,460 (+232%), from €1,922 to €6,383
- Provisions -€29,479
down €29,479 (-6,006%), from -€491 to -€29,970
- Financial income -€8,169
down €8,169 (-71.6%), from €11,405 to €3,236
- Gross operating margin -€7,634
down €7,634 (-11.6%), from €65,995 to €58,361
- Taxes +€4,646
up €4,646 (+30.0%), from €15,472 to €20,118
- Other operating charges +€2,628
up €2,628 (+158%), from €1,667 to €4,295
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 | €293,782 | €317,208 | +€23,426 | +8.0% |
| Formation expenses | 20 | €273 | €0 | -€273 | -100% |
| Fixed assets | 21/28 | €54,321 | €43,967 | -€10,354 | -19.1% |
| Tangible fixed assets | 22/27 | €54,321 | €43,967 | -€10,354 | -19.1% |
| Plant, machinery and equipment | 23 | €13,756 | €14,214 | +€458 | +3.3% |
| Furniture and vehicles | 24 | €2,985 | €3,453 | +€469 | +15.7% |
| Leasing and similar rights | 25 | €37,581 | €26,300 | -€11,280 | -30.0% |
| Current assets | 29/58 | €239,188 | €273,241 | +€34,053 | +14.2% |
| Amounts receivable after more than one year | 29 | €75,000 | €0 | -€75,000 | -100% |
| Other amounts receivable | 291 | €75,000 | €0 | -€75,000 | -100% |
| Amounts receivable within one year | 40/41 | €4,794 | €545 | -€4,249 | -88.6% |
| Trade receivables | 40 | €1,500 | €545 | -€956 | -63.7% |
| Other amounts receivable | 41 | €3,294 | €0 | -€3,294 | -100% |
| Current investments | 50/53 | €92,203 | €89,852 | -€2,351 | -2.5% |
| Cash at bank and in hand | 54/58 | €64,556 | €131,555 | +€66,998 | +104% |
| Deferred charges and accrued income | 490/1 | €2,635 | €51,289 | +€48,654 | +1,847% |
| Total equity and liabilities | 10/49 | €293,782 | €317,208 | +€23,426 | +8.0% |
| Equity | 10/15 | €191,438 | €238,183 | +€46,746 | +24.4% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €172,538 | €219,283 | +€46,746 | +27.1% |
| Distributable reserves | 133 | €172,538 | €219,283 | +€46,746 | +27.1% |
| Provisions and deferred taxes | 16 | €29,970 | €0 | -€29,970 | -100% |
| Provisions for liabilities and charges | 160/5 | €29,970 | €0 | -€29,970 | -100% |
| Other liabilities and charges | 164/5 | €29,970 | €0 | -€29,970 | -100% |
| Amounts payable | 17/49 | €72,374 | €79,025 | +€6,651 | +9.2% |
| Amounts payable after more than one year | 17 | €27,635 | €16,086 | -€11,549 | -41.8% |
| Financial debts | 170/4 | €27,635 | €16,086 | -€11,549 | -41.8% |
| Amounts payable within one year | 42/48 | €42,791 | €62,939 | +€20,148 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €10,214 | €11,549 | +€1,335 | +13.1% |
| Trade debts | 44 | €19,351 | €22,164 | +€2,813 | +14.5% |
| Suppliers | 440/4 | €19,351 | €22,164 | +€2,813 | +14.5% |
| Taxes, remuneration and social security | 45 | €11,304 | €22,843 | +€11,540 | +102% |
| Taxes | 450/3 | €11,304 | €22,843 | +€11,540 | +102% |
| Other amounts payable | 47/48 | €1,922 | €6,383 | +€4,460 | +232% |
| Accrued charges and deferred income | 492/3 | €1,948 | €0 | -€1,948 | -100% |
| Non-recurring operating income | 76A | €0 | €11,386 | +€11,386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,805 | €16,571 | -€1,234 | -6.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€491 | -€29,970 | -€29,479 | -6,006% |
| Other operating charges | 640/8 | €1,667 | €4,295 | +€2,628 | +158% |
| Gross operating margin | 9900 | €65,995 | €58,361 | -€7,634 | -11.6% |
| Operating profit (loss) | 9901 | €47,014 | €67,464 | +€20,451 | +43.5% |
| Financial income | 75/76B | €11,405 | €3,236 | -€8,169 | -71.6% |
| Recurring financial income | 75 | €11,405 | €3,236 | -€8,169 | -71.6% |
| Financial charges | 65/66B | €5,609 | €3,837 | -€1,772 | -31.6% |
| Recurring financial charges | 65 | €5,609 | €3,837 | -€1,772 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €52,810 | €66,864 | +€14,053 | +26.6% |
| Income taxes | 67/77 | €15,472 | €20,118 | +€4,646 | +30.0% |
| Profit (loss) for the period | 9904 | €37,338 | €46,746 | +€9,407 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,338 | €46,746 | +€9,407 | +25.2% |
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 31 October 2026 via checked.be.