BONLINE: 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.
BONLINE
Largest movements
- Intangible fixed assets -€12,315
down €12,315 (-36.4%), from €33,864 to €21,550
- Receivables within one year +€4,128
up €4,128 (+57.8%), from €7,140 to €11,268
- Cash -€2,337
down €2,337 (-54.1%), from €4,317 to €1,981
mainly Net result for the year (-€8,647) and Debts after one year (-€5,309)
- Profit (loss) carried forward -€5,492
new in 2025: -€5,492
- Debts after one year -€5,309
down €5,309 (-38.4%), from €13,814 to €8,505
- Trade debts +€4,290
up €4,290 (+70.8%), from €6,063 to €10,353
- Reserves -€3,156
down €3,156 (-100%), from €3,156 to €0
- Current portion of long-term debt -€1,526
down €1,526 (-14.5%), from €10,526 to €9,000
- Other operating charges +€1,590
up €1,590 (+149%), from €1,064 to €2,654
- Financial income +€1,078
up €1,078, from €0 to €1,078
- Financial charges -€551
down €551 (-26.1%), from €2,115 to €1,564
- Depreciation +€369
up €369 (+3.0%), from €12,342 to €12,711
- Gross operating margin -€258
down €258 (-3.5%), from €7,461 to €7,203
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 | €48,046 | €36,842 | -€11,204 | -23.3% |
| Fixed assets | 21/28 | €36,325 | €23,330 | -€12,995 | -35.8% |
| Intangible fixed assets | 21 | €33,864 | €21,550 | -€12,315 | -36.4% |
| Tangible fixed assets | 22/27 | €577 | €180 | -€396 | -68.7% |
| Plant, machinery and equipment | 23 | €577 | €180 | -€396 | -68.7% |
| Financial fixed assets | 28 | €1,884 | €1,600 | -€284 | -15.1% |
| Current assets | 29/58 | €11,721 | €13,512 | +€1,791 | +15.3% |
| Amounts receivable within one year | 40/41 | €7,140 | €11,268 | +€4,128 | +57.8% |
| Trade receivables | 40 | €7,140 | €11,268 | +€4,128 | +57.8% |
| Cash at bank and in hand | 54/58 | €4,317 | €1,981 | -€2,337 | -54.1% |
| Deferred charges and accrued income | 490/1 | €264 | €264 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €48,046 | €36,842 | -€11,204 | -23.3% |
| Equity | 10/15 | €8,156 | -€492 | -€8,647 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,156 | €0 | -€3,156 | -100% |
| Distributable reserves | 133 | €3,156 | €0 | -€3,156 | -100% |
| Profit (loss) carried forward | 14 | - | -€5,492 | -€5,492 | |
| Amounts payable | 17/49 | €39,891 | €37,334 | -€2,557 | -6.4% |
| Amounts payable after more than one year | 17 | €13,814 | €8,505 | -€5,309 | -38.4% |
| Financial debts | 170/4 | €13,814 | €8,505 | -€5,309 | -38.4% |
| Amounts payable within one year | 42/48 | €26,076 | €28,828 | +€2,752 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €10,526 | €9,000 | -€1,526 | -14.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,063 | €10,353 | +€4,290 | +70.8% |
| Suppliers | 440/4 | €6,063 | €10,353 | +€4,290 | +70.8% |
| Taxes, remuneration and social security | 45 | €6,900 | €6,461 | -€439 | -6.4% |
| Taxes | 450/3 | €900 | €6,461 | +€5,561 | +618% |
| Remuneration and social security | 454/9 | €6,000 | €0 | -€6,000 | -100% |
| Other amounts payable | 47/48 | €2,587 | €3,015 | +€428 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,342 | €12,711 | +€369 | +3.0% |
| Other operating charges | 640/8 | €1,064 | €2,654 | +€1,590 | +149% |
| Gross operating margin | 9900 | €7,461 | €7,203 | -€258 | -3.5% |
| Operating profit (loss) | 9901 | -€5,945 | -€8,162 | -€2,217 | -37.3% |
| Financial income | 75/76B | €0 | €1,078 | +€1,078 | |
| Recurring financial income | 75 | €0 | €1,078 | +€1,078 | |
| Financial charges | 65/66B | €2,115 | €1,564 | -€551 | -26.1% |
| Recurring financial charges | 65 | €2,115 | €1,564 | -€551 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,060 | -€8,647 | -€587 | -7.3% |
| Income taxes | 67/77 | -€10 | €0 | +€10 | |
| Profit (loss) for the period | 9904 | -€8,049 | -€8,647 | -€598 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,049 | -€8,647 | -€598 | -7.4% |
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.