BONKEROP: 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.
BONKEROP
Largest movements
- Cash -€79,757
down €79,757 (-44.1%), from €180,677 to €100,920
mainly Contributions, distributions and other (-€193,209) and Receivables within one year (-€3,439)
- Tangible fixed assets -€5,542
down €5,542 (-47.1%), from €11,758 to €6,216
of which Plant, machinery and equipment: -€3,601
- Receivables within one year +€3,439
up €3,439 (+19.8%), from €17,380 to €20,819
of which Trade receivables: +€3,159
- Reserves -€77,291
down €77,291 (-40.0%), from €193,209 to €115,918
- Current portion of long-term debt -€3,207
no longer reported in 2025 (was €3,207)
- Trade debts -€2,380
no longer reported in 2025 (was €2,380)
- Depreciation -€10,804
down €10,804 (-66.1%), from €16,346 to €5,542
- Gross operating margin +€7,457
up €7,457 (+5.1%), from €147,621 to €155,078
- Taxes +€4,220
up €4,220 (+14.5%), from €29,022 to €33,242
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 | €210,693 | €127,955 | -€82,738 | -39.3% |
| Fixed assets | 21/28 | €11,758 | €6,216 | -€5,542 | -47.1% |
| Tangible fixed assets | 22/27 | €11,758 | €6,216 | -€5,542 | -47.1% |
| Plant, machinery and equipment | 23 | €9,817 | €6,216 | -€3,601 | -36.7% |
| Furniture and vehicles | 24 | €1,941 | - | -€1,941 | |
| Current assets | 29/58 | €198,935 | €121,739 | -€77,196 | -38.8% |
| Amounts receivable within one year | 40/41 | €17,380 | €20,819 | +€3,439 | +19.8% |
| Trade receivables | 40 | €16,402 | €19,561 | +€3,159 | +19.3% |
| Other amounts receivable | 41 | €978 | €1,258 | +€280 | +28.6% |
| Cash at bank and in hand | 54/58 | €180,677 | €100,920 | -€79,757 | -44.1% |
| Deferred charges and accrued income | 490/1 | €878 | - | -€878 | |
| Total equity and liabilities | 10/49 | €210,693 | €127,955 | -€82,738 | -39.3% |
| Equity | 10/15 | €198,209 | €120,918 | -€77,291 | -39.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €193,209 | €115,918 | -€77,291 | -40.0% |
| Distributable reserves | 133 | €193,209 | €115,918 | -€77,291 | -40.0% |
| Amounts payable | 17/49 | €12,484 | €7,037 | -€5,447 | -43.6% |
| Amounts payable within one year | 42/48 | €12,484 | €7,037 | -€5,447 | -43.6% |
| Current portion of amounts payable after more than one year | 42 | €3,207 | - | -€3,207 | |
| Trade debts | 44 | €2,380 | - | -€2,380 | |
| Suppliers | 440/4 | €2,380 | - | -€2,380 | |
| Taxes, remuneration and social security | 45 | €4,014 | €3,973 | -€41 | -1.0% |
| Taxes | 450/3 | €4,014 | €3,973 | -€41 | -1.0% |
| Other amounts payable | 47/48 | €2,883 | €3,064 | +€181 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,346 | €5,542 | -€10,804 | -66.1% |
| Other operating charges | 640/8 | €149 | €150 | +€1 | +0.7% |
| Gross operating margin | 9900 | €147,621 | €155,078 | +€7,457 | +5.1% |
| Operating profit (loss) | 9901 | €131,126 | €149,386 | +€18,260 | +13.9% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €282 | €226 | -€56 | -19.9% |
| Recurring financial charges | 65 | €282 | €226 | -€56 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €130,856 | €149,160 | +€18,304 | +14.0% |
| Income taxes | 67/77 | €29,022 | €33,242 | +€4,220 | +14.5% |
| Profit (loss) for the period | 9904 | €101,834 | €115,918 | +€14,084 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €101,834 | €115,918 | +€14,084 | +13.8% |
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 14 October 2026 via checked.be.