Bonivo: 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.
Bonivo
Largest movements
- Receivables within one year +€16,926
up €16,926 (+31.3%), from €54,012 to €70,938
of which Trade receivables: +€14,349
- Cash +€5,029
up €5,029 (+12.9%), from €38,993 to €44,021
mainly Net result for the year (+€17,018) and Current portion of long-term debt (+€6,680)
- Profit (loss) carried forward +€17,018
up €17,018 (+21.9%), from €77,623 to €94,641
- Trade debts -€7,379
down €7,379 (-88.0%), from €8,390 to €1,011
- Current portion of long-term debt +€6,680
new in 2025: €6,680
- Tax, wage and social debts +€3,725
up €3,725 (+60.1%), from €6,197 to €9,923
of which Taxes: +€4,680
- Gross operating margin +€8,653
up €8,653 (+60.2%), from €14,362 to €23,015
- Taxes +€1,607
up €1,607 (+46.9%), from €3,426 to €5,032
- Other operating charges -€475
down €475 (-56.0%), from €848 to €373
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 | €96,485 | €117,579 | +€21,094 | +21.9% |
| Fixed assets | 21/28 | €2,263 | €2,071 | -€192 | -8.5% |
| Tangible fixed assets | 22/27 | €763 | €371 | -€392 | -51.4% |
| Furniture and vehicles | 24 | €763 | €371 | -€392 | -51.4% |
| Financial fixed assets | 28 | €1,500 | €1,700 | +€200 | +13.3% |
| Current assets | 29/58 | €94,222 | €115,508 | +€21,287 | +22.6% |
| Amounts receivable within one year | 40/41 | €54,012 | €70,938 | +€16,926 | +31.3% |
| Trade receivables | 40 | €171 | €14,520 | +€14,349 | +8,369% |
| Other amounts receivable | 41 | €53,840 | €56,418 | +€2,577 | +4.8% |
| Cash at bank and in hand | 54/58 | €38,993 | €44,021 | +€5,029 | +12.9% |
| Deferred charges and accrued income | 490/1 | €1,217 | €549 | -€668 | -54.9% |
| Total equity and liabilities | 10/49 | €96,485 | €117,579 | +€21,094 | +21.9% |
| Equity | 10/15 | €80,623 | €97,641 | +€17,018 | +21.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,623 | €94,641 | +€17,018 | +21.9% |
| Amounts payable | 17/49 | €15,862 | €19,938 | +€4,077 | +25.7% |
| Amounts payable within one year | 42/48 | €15,862 | €19,938 | +€4,077 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | - | €6,680 | +€6,680 | |
| Trade debts | 44 | €8,390 | €1,011 | -€7,379 | -88.0% |
| Suppliers | 440/4 | €8,390 | €1,011 | -€7,379 | -88.0% |
| Taxes, remuneration and social security | 45 | €6,197 | €9,923 | +€3,725 | +60.1% |
| Taxes | 450/3 | €3,426 | €8,106 | +€4,680 | +137% |
| Remuneration and social security | 454/9 | €2,772 | €1,817 | -€955 | -34.5% |
| Other amounts payable | 47/48 | €1,275 | €2,325 | +€1,050 | +82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | €392 | = | 0.0% |
| Other operating charges | 640/8 | €848 | €373 | -€475 | -56.0% |
| Gross operating margin | 9900 | €14,362 | €23,015 | +€8,653 | +60.2% |
| Operating profit (loss) | 9901 | €13,121 | €22,250 | +€9,128 | +69.6% |
| Financial income | 75/76B | €17 | €2 | -€15 | -85.6% |
| Recurring financial income | 75 | €17 | €2 | -€15 | -85.6% |
| Financial charges | 65/66B | €140 | €202 | +€62 | +44.7% |
| Recurring financial charges | 65 | €140 | €202 | +€62 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €12,999 | €22,050 | +€9,051 | +69.6% |
| Income taxes | 67/77 | €3,426 | €5,032 | +€1,607 | +46.9% |
| Profit (loss) for the period | 9904 | €9,574 | €17,018 | +€7,444 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,574 | €17,018 | +€7,444 | +77.8% |
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 28 October 2026 via checked.be.