BONNE TRADING: 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.
BONNE TRADING
Largest movements
- Cash -€299,648
down €299,648 (-66.5%), from €450,305 to €150,657
mainly Debts after one year (-€519,594) and Net result for the year (-€449,153)
- Tangible fixed assets -€277,910
down €277,910 (-9.8%), from €2.8m to €2.6m
of which Plant, machinery and equipment: -€273,613
- Receivables within one year -€226,948
down €226,948 (-27.6%), from €822,682 to €595,734
of which Trade receivables: -€197,903
- Debts after one year -€519,594
down €519,594 (-27.4%), from €1.9m to €1.4m
- Reserves -€449,153
down €449,153 (-28.5%), from €1.6m to €1.1m
of which Distributable reserves: -€449,153
- Short-term financial debts +€200,000
up €200,000, from €0 to €200,000
- Trade debts +€131,465
up €131,465 (+228%), from €57,753 to €189,217
- Tax, wage and social debts -€92,321
down €92,321 (-47.2%), from €195,453 to €103,132
of which Taxes: -€102,940
- Gross operating margin -€588,314
down €588,314 (-73.8%), from €796,742 to €208,428
- Depreciation +€108,410
up €108,410 (+29.8%), from €363,293 to €471,703
- Taxes -€70,204
down €70,204 (-61.0%), from €115,141 to €44,937
- Financial income -€33,921
down €33,921 (-97.4%), from €34,830 to €909
of which Financial income: -€34,071
- Financial charges -€19,686
down €19,686 (-19.6%), from €100,567 to €80,881
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 | €4,176,867 | €3,394,745 | -€782,122 | -18.7% |
| Fixed assets | 21/28 | €2,835,175 | €2,557,265 | -€277,910 | -9.8% |
| Tangible fixed assets | 22/27 | €2,834,635 | €2,556,725 | -€277,910 | -9.8% |
| Land and buildings | 22 | €1,125,833 | €1,082,409 | -€43,424 | -3.9% |
| Plant, machinery and equipment | 23 | €1,692,587 | €1,418,974 | -€273,613 | -16.2% |
| Furniture and vehicles | 24 | €16,215 | €55,342 | +€39,127 | +241% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €1,341,692 | €837,480 | -€504,212 | -37.6% |
| Stocks and contracts in progress | 3 | €59,913 | €65,400 | +€5,488 | +9.2% |
| Stocks | 30/36 | €59,913 | €65,400 | +€5,488 | +9.2% |
| Amounts receivable within one year | 40/41 | €822,682 | €595,734 | -€226,948 | -27.6% |
| Trade receivables | 40 | €703,944 | €506,040 | -€197,903 | -28.1% |
| Other amounts receivable | 41 | €118,739 | €89,693 | -€29,045 | -24.5% |
| Current investments | 50/53 | €8,793 | €8,793 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €450,305 | €150,657 | -€299,648 | -66.5% |
| Deferred charges and accrued income | 490/1 | - | €16,897 | +€16,897 | |
| Total equity and liabilities | 10/49 | €4,176,867 | €3,394,745 | -€782,122 | -18.7% |
| Equity | 10/15 | €1,596,828 | €1,147,675 | -€449,153 | -28.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,578,236 | €1,129,083 | -€449,153 | -28.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,383 | €18,383 | = | 0.0% |
| Distributable reserves | 133 | €1,557,994 | €1,108,841 | -€449,153 | -28.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,580,039 | €2,247,070 | -€332,969 | -12.9% |
| Amounts payable after more than one year | 17 | €1,895,714 | €1,376,120 | -€519,594 | -27.4% |
| Financial debts | 170/4 | €1,895,714 | €1,376,120 | -€519,594 | -27.4% |
| Amounts payable within one year | 42/48 | €683,003 | €869,163 | +€186,161 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €383,022 | €357,094 | -€25,928 | -6.8% |
| Financial debts | 43 | €0 | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | €0 | €200,000 | +€200,000 | |
| Trade debts | 44 | €57,753 | €189,217 | +€131,465 | +228% |
| Suppliers | 440/4 | €57,753 | €189,217 | +€131,465 | +228% |
| Taxes, remuneration and social security | 45 | €195,453 | €103,132 | -€92,321 | -47.2% |
| Taxes | 450/3 | €188,777 | €85,837 | -€102,940 | -54.5% |
| Remuneration and social security | 454/9 | €6,676 | €17,295 | +€10,619 | +159% |
| Other amounts payable | 47/48 | €46,775 | €19,720 | -€27,055 | -57.8% |
| Accrued charges and deferred income | 492/3 | €1,323 | €1,787 | +€464 | +35.1% |
| Remuneration, social security and pensions | 62 | €49,124 | €49,419 | +€295 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €363,293 | €471,703 | +€108,410 | +29.8% |
| Other operating charges | 640/8 | €26,084 | €11,550 | -€14,534 | -55.7% |
| Gross operating margin | 9900 | €796,742 | €208,428 | -€588,314 | -73.8% |
| Operating profit (loss) | 9901 | €358,241 | -€324,244 | -€682,486 | |
| Financial income | 75/76B | €34,830 | €909 | -€33,921 | -97.4% |
| Recurring financial income | 75 | €34,830 | €759 | -€34,071 | -97.8% |
| Non-recurring financial income | 76B | - | €150 | +€150 | |
| Financial charges | 65/66B | €100,567 | €80,881 | -€19,686 | -19.6% |
| Recurring financial charges | 65 | €100,567 | €80,881 | -€19,686 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €292,504 | -€404,217 | -€696,720 | |
| Income taxes | 67/77 | €115,141 | €44,937 | -€70,204 | -61.0% |
| Profit (loss) for the period | 9904 | €177,363 | -€449,153 | -€626,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €177,363 | -€449,153 | -€626,516 |
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 20 October 2026 via checked.be.