BONNIER-HERVENT: 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.
BONNIER-HERVENT
Largest movements
- Cash +€87,826
up €87,826 (+37.4%), from €234,630 to €322,455
mainly Net result for the year (+€80,323) and Depreciation (+€44,348)
- Tangible fixed assets -€40,373
down €40,373 (-11.1%), from €364,976 to €324,602
of which Plant, machinery and equipment: -€25,799
- Reserves +€80,323
up €80,323 (+31.8%), from €252,245 to €332,568
- Debts after one year -€24,170
down €24,170 (-27.2%), from €88,892 to €64,722
- Current portion of long-term debt -€14,820
down €14,820 (-33.7%), from €43,982 to €29,162
- Trade debts -€12,436
down €12,436 (-14.4%), from €86,121 to €73,686
- Tax, wage and social debts +€10,702
new in 2025: €10,702
- Gross operating margin +€13,974
up €13,974 (+5.4%), from €260,326 to €274,300
- Depreciation -€10,194
down €10,194 (-18.7%), from €54,542 to €44,348
- Staff costs -€9,100
down €9,100 (-7.0%), from €130,137 to €121,038
- Taxes +€8,004
up €8,004 (+55.6%), from €14,392 to €22,397
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 | €653,905 | €699,972 | +€46,067 | +7.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €364,977 | €324,603 | -€40,373 | -11.1% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €364,976 | €324,602 | -€40,373 | -11.1% |
| Land and buildings | 22 | €212,287 | €198,251 | -€14,036 | -6.6% |
| Plant, machinery and equipment | 23 | €152,011 | €126,212 | -€25,799 | -17.0% |
| Furniture and vehicles | 24 | €678 | €140 | -€538 | -79.3% |
| Current assets | 29/58 | €288,928 | €375,369 | +€86,441 | +29.9% |
| Stocks and contracts in progress | 3 | €33,201 | €28,165 | -€5,037 | -15.2% |
| Stocks | 30/36 | €33,201 | €28,165 | -€5,037 | -15.2% |
| Amounts receivable within one year | 40/41 | €17,833 | €14,994 | -€2,839 | -15.9% |
| Trade receivables | 40 | €13,520 | €14,208 | +€687 | +5.1% |
| Other amounts receivable | 41 | €4,312 | €786 | -€3,526 | -81.8% |
| Current investments | 50/53 | - | €6,343 | +€6,343 | |
| Cash at bank and in hand | 54/58 | €234,630 | €322,455 | +€87,826 | +37.4% |
| Deferred charges and accrued income | 490/1 | €3,265 | €3,412 | +€147 | +4.5% |
| Total equity and liabilities | 10/49 | €653,905 | €699,972 | +€46,067 | +7.0% |
| Equity | 10/15 | €258,245 | €338,568 | +€80,323 | +31.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €252,245 | €332,568 | +€80,323 | +31.8% |
| Distributable reserves | 133 | €252,245 | €332,568 | +€80,323 | +31.8% |
| Amounts payable | 17/49 | €395,659 | €361,404 | -€34,255 | -8.7% |
| Amounts payable after more than one year | 17 | €88,892 | €64,722 | -€24,170 | -27.2% |
| Financial debts | 170/4 | €88,892 | €64,722 | -€24,170 | -27.2% |
| Amounts payable within one year | 42/48 | €306,059 | €294,222 | -€11,837 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €43,982 | €29,162 | -€14,820 | -33.7% |
| Trade debts | 44 | €86,121 | €73,686 | -€12,436 | -14.4% |
| Suppliers | 440/4 | €86,121 | €73,686 | -€12,436 | -14.4% |
| Taxes, remuneration and social security | 45 | - | €10,702 | +€10,702 | |
| Taxes | 450/3 | - | €10,702 | +€10,702 | |
| Other amounts payable | 47/48 | €175,956 | €180,673 | +€4,716 | +2.7% |
| Accrued charges and deferred income | 492/3 | €708 | €2,460 | +€1,751 | +247% |
| Remuneration, social security and pensions | 62 | €130,137 | €121,038 | -€9,100 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,542 | €44,348 | -€10,194 | -18.7% |
| Other operating charges | 640/8 | €1,686 | €1,743 | +€57 | +3.4% |
| Gross operating margin | 9900 | €260,326 | €274,300 | +€13,974 | +5.4% |
| Operating profit (loss) | 9901 | €73,960 | €107,171 | +€33,210 | +44.9% |
| Financial income | 75/76B | €1 | €874 | +€874 | +138,694% |
| Recurring financial income | 75 | €1 | €874 | +€874 | +138,694% |
| Financial charges | 65/66B | €4,634 | €5,326 | +€691 | +14.9% |
| Recurring financial charges | 65 | €4,634 | €5,326 | +€691 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €69,327 | €102,719 | +€33,393 | +48.2% |
| Income taxes | 67/77 | €14,392 | €22,397 | +€8,004 | +55.6% |
| Profit (loss) for the period | 9904 | €54,934 | €80,323 | +€25,388 | +46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,934 | €80,323 | +€25,388 | +46.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.