BONINE: 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.
BONINE
Largest movements
- Cash +€8,260
up €8,260 (+26.1%), from €31,675 to €39,935
mainly Net result for the year (+€34,470) and Other debts (+€10,216)
- Receivables within one year +€2,629
up €2,629 (+43.3%), from €6,078 to €8,708
of which Trade receivables: +€1,942
- Intangible fixed assets -€2,286
down €2,286 (-26.7%), from €8,569 to €6,283
- Tangible fixed assets +€1,067
up €1,067 (+141.7%), from €753 to €1,820
- Deferred charges and accrued income +€885
up €885 (+146.5%), from €604 to €1,489
- Other debts +€10,216
up €10,216 (+32.2%), from €31,769 to €41,985
- Gross operating margin +€14,387
up €14,387 (+41.4%), from €34,711 to €49,098
- Taxes +€4,102
up €4,102 (+68.3%), from €6,006 to €10,107
- Financial charges +€563
up €563 (+87.2%), from €646 to €1,210
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 | €47,680 | €58,235 | +€10,555 | +22.1% |
| Fixed assets | 21/28 | €9,322 | €8,103 | -€1,219 | -13.1% |
| Intangible fixed assets | 21 | €8,569 | €6,283 | -€2,286 | -26.7% |
| Tangible fixed assets | 22/27 | €753 | €1,820 | +€1,067 | +141.7% |
| Furniture and vehicles | 24 | €753 | €1,820 | +€1,067 | +141.7% |
| Current assets | 29/58 | €38,358 | €50,132 | +€11,774 | +30.7% |
| Amounts receivable within one year | 40/41 | €6,078 | €8,708 | +€2,629 | +43.3% |
| Trade receivables | 40 | - | €1,942 | +€1,942 | |
| Other amounts receivable | 41 | €6,078 | €6,766 | +€688 | +11.3% |
| Cash at bank and in hand | 54/58 | €31,675 | €39,935 | +€8,260 | +26.1% |
| Deferred charges and accrued income | 490/1 | €604 | €1,489 | +€885 | +146.5% |
| Total equity and liabilities | 10/49 | €47,680 | €58,235 | +€10,555 | +22.1% |
| Equity | 10/15 | €6,825 | €6,295 | -€530 | -7.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,825 | €4,295 | -€530 | -11.0% |
| Amounts payable | 17/49 | €40,855 | €51,940 | +€11,085 | +27.1% |
| Amounts payable after more than one year | 17 | €8,500 | €8,500 | = | 0.0% |
| Financial debts | 170/4 | €8,500 | €8,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,355 | €42,978 | +€10,623 | +32.8% |
| Trade debts | 44 | €586 | €993 | +€407 | +69.5% |
| Suppliers | 440/4 | €586 | €993 | +€407 | +69.5% |
| Other amounts payable | 47/48 | €31,769 | €41,985 | +€10,216 | +32.2% |
| Accrued charges and deferred income | 492/3 | - | €462 | +€462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,696 | €2,334 | -€362 | -13.4% |
| Other operating charges | 640/8 | €387 | €401 | +€13 | +3.4% |
| Non-recurring operating charges | 66A | - | €753 | +€753 | |
| Gross operating margin | 9900 | €34,711 | €49,098 | +€14,387 | +41.4% |
| Operating profit (loss) | 9901 | €31,627 | €45,610 | +€13,983 | +44.2% |
| Financial income | 75/76B | €10 | €176 | +€166 | +1638.5% |
| Recurring financial income | 75 | €10 | €176 | +€166 | +1638.5% |
| Financial charges | 65/66B | €646 | €1,210 | +€563 | +87.2% |
| Recurring financial charges | 65 | €646 | €1,210 | +€563 | +87.2% |
| Profit (loss) for the period before taxes | 9903 | €30,991 | €44,577 | +€13,586 | +43.8% |
| Income taxes | 67/77 | €6,006 | €10,107 | +€4,102 | +68.3% |
| Profit (loss) for the period | 9904 | €24,986 | €34,470 | +€9,484 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,986 | €34,470 | +€9,484 | +38.0% |
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 6 October 2026 via checked.be.