BONNET: 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.
BONNET
Largest movements
- Receivables within one year -€108,755
no longer reported in 2025 (was €108,755)
of which Trade receivables: -€93,152
- Stocks and contracts +€107,140
up €107,140 (+55.7%), from €192,188 to €299,329
- Other debts -€47,700
down €47,700 (-11.9%), from €400,000 to €352,300
- Advances received +€45,000
new in 2025: €45,000
- Gross operating margin +€1,650
up €1,650 (+45.2%), from -€3,653 to -€2,003
- Other operating charges -€485
down €485 (-46.9%), from €1,033 to €548
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 | €491,714 | €491,278 | -€436 | -0.1% |
| Current assets | 29/58 | €491,714 | €491,278 | -€436 | -0.1% |
| Stocks and contracts in progress | 3 | €192,188 | €299,329 | +€107,140 | +55.7% |
| Stocks | 30/36 | €192,188 | €299,329 | +€107,140 | +55.7% |
| Amounts receivable within one year | 40/41 | €108,755 | - | -€108,755 | |
| Trade receivables | 40 | €93,152 | - | -€93,152 | |
| Other amounts receivable | 41 | €15,603 | - | -€15,603 | |
| Cash at bank and in hand | 54/58 | €190,771 | €191,949 | +€1,179 | +0.6% |
| Total equity and liabilities | 10/49 | €491,714 | €491,278 | -€436 | -0.1% |
| Equity | 10/15 | €91,714 | €89,108 | -€2,606 | -2.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,286 | -€10,892 | -€2,606 | -31.4% |
| Amounts payable | 17/49 | €400,000 | €402,170 | +€2,170 | +0.5% |
| Amounts payable within one year | 42/48 | €400,000 | €402,170 | +€2,170 | +0.5% |
| Trade debts | 44 | - | €2,170 | +€2,170 | |
| Suppliers | 440/4 | - | €2,170 | +€2,170 | |
| Advances received on contracts in progress | 46 | - | €45,000 | +€45,000 | |
| Taxes, remuneration and social security | 45 | - | €2,700 | +€2,700 | |
| Taxes | 450/3 | - | €2,700 | +€2,700 | |
| Other amounts payable | 47/48 | €400,000 | €352,300 | -€47,700 | -11.9% |
| Other operating charges | 640/8 | €1,033 | €548 | -€485 | -46.9% |
| Gross operating margin | 9900 | -€3,653 | -€2,003 | +€1,650 | +45.2% |
| Operating profit (loss) | 9901 | -€4,686 | -€2,551 | +€2,135 | +45.6% |
| Financial charges | 65/66B | €61 | €55 | -€6 | -9.8% |
| Recurring financial charges | 65 | €61 | €55 | -€6 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,747 | -€2,606 | +€2,141 | +45.1% |
| Profit (loss) for the period | 9904 | -€4,747 | -€2,606 | +€2,141 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,747 | -€2,606 | +€2,141 | +45.1% |
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 5 October 2026 via checked.be.