BONSTAR: 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.
BONSTAR
Largest movements
- Cash -€129,131
down €129,131 (-73.6%), from €175,523 to €46,392
mainly Contributions, distributions and other (-€103,579) and Other debts (-€83,240)
- Receivables within one year -€78,758
down €78,758 (-77.6%), from €101,520 to €22,762
of which Other amounts receivable: -€76,492
- Other debts -€83,240
down €83,240 (-89.0%), from €93,500 to €10,260
- Profit (loss) carried forward -€81,325
down €81,325, from €75,667 to -€5,658
- Reserves -€27,912
down €27,912 (-33.3%), from €83,806 to €55,894
- Tax, wage and social debts -€15,628
down €15,628 (-72.9%), from €21,440 to €5,813
- Gross operating margin -€54,083
down €54,083, from €48,892 to -€5,191
- Taxes -€11,032
down €11,032 (-98.8%), from €11,164 to €132
- Financial income -€2,911
down €2,911 (-55.0%), from €5,295 to €2,384
- Depreciation +€770
up €770 (+230%), from €335 to €1,105
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 | €281,360 | €72,396 | -€208,964 | -74.3% |
| Fixed assets | 21/28 | €2,981 | €1,876 | -€1,105 | -37.1% |
| Tangible fixed assets | 22/27 | €2,981 | €1,876 | -€1,105 | -37.1% |
| Furniture and vehicles | 24 | €2,981 | €1,876 | -€1,105 | -37.1% |
| Current assets | 29/58 | €278,379 | €70,520 | -€207,859 | -74.7% |
| Amounts receivable within one year | 40/41 | €101,520 | €22,762 | -€78,758 | -77.6% |
| Trade receivables | 40 | €2,324 | €58 | -€2,265 | -97.5% |
| Other amounts receivable | 41 | €99,196 | €22,704 | -€76,492 | -77.1% |
| Cash at bank and in hand | 54/58 | €175,523 | €46,392 | -€129,131 | -73.6% |
| Deferred charges and accrued income | 490/1 | €1,336 | €1,365 | +€29 | +2.2% |
| Total equity and liabilities | 10/49 | €281,360 | €72,396 | -€208,964 | -74.3% |
| Equity | 10/15 | €164,473 | €55,235 | -€109,237 | -66.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €83,806 | €55,894 | -€27,912 | -33.3% |
| Distributable reserves | 133 | €83,806 | €55,894 | -€27,912 | -33.3% |
| Profit (loss) carried forward | 14 | €75,667 | -€5,658 | -€81,325 | |
| Amounts payable | 17/49 | €116,887 | €17,160 | -€99,727 | -85.3% |
| Amounts payable within one year | 42/48 | €116,887 | €17,160 | -€99,727 | -85.3% |
| Trade debts | 44 | €1,947 | €1,087 | -€860 | -44.1% |
| Suppliers | 440/4 | €1,947 | €1,087 | -€860 | -44.1% |
| Taxes, remuneration and social security | 45 | €21,440 | €5,813 | -€15,628 | -72.9% |
| Taxes | 450/3 | €21,440 | €5,813 | -€15,628 | -72.9% |
| Other amounts payable | 47/48 | €93,500 | €10,260 | -€83,240 | -89.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335 | €1,105 | +€770 | +230% |
| Other operating charges | 640/8 | €682 | €701 | +€18 | +2.7% |
| Gross operating margin | 9900 | €48,892 | -€5,191 | -€54,083 | |
| Operating profit (loss) | 9901 | €47,875 | -€6,997 | -€54,872 | |
| Financial income | 75/76B | €5,295 | €2,384 | -€2,911 | -55.0% |
| Recurring financial income | 75 | €5,295 | €2,384 | -€2,911 | -55.0% |
| Financial charges | 65/66B | €861 | €913 | +€53 | +6.1% |
| Recurring financial charges | 65 | €861 | €913 | +€53 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €52,310 | -€5,526 | -€57,836 | |
| Income taxes | 67/77 | €11,164 | €132 | -€11,032 | -98.8% |
| Profit (loss) for the period | 9904 | €41,145 | -€5,658 | -€46,804 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,145 | -€5,658 | -€46,804 |
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 26 October 2026 via checked.be.