Bontrade: 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.
Bontrade
Largest movements
- Current investments +€147,900
new in 2025: €147,900
- Tangible fixed assets -€59,261
down €59,261 (-2.8%), from €2.1m to €2.0m
of which Land and buildings: -€51,422
- Receivables within one year -€58,851
down €58,851 (-99.7%), from €59,001 to €150
of which Trade receivables: -€48,373
- Reserves +€179,334
up €179,334 (+13.9%), from €1.3m to €1.5m
- Other debts -€170,581
down €170,581 (-96.4%), from €176,885 to €6,304
- Current portion of long-term debt -€47,326
down €47,326 (-22.2%), from €212,747 to €165,421
- Debts after one year +€47,079
up €47,079 (+2.6%), from €1.8m to €1.9m
- Financial income +€251,125
up €251,125 (+209.2%), from €120,022 to €371,147
- Gross operating margin -€33,806
down €33,806 (-11.7%), from €287,969 to €254,163
- Depreciation -€9,907
down €9,907 (-15.5%), from €63,863 to €53,956
- Financial charges -€3,621
down €3,621 (-8.8%), from €41,086 to €37,465
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 | €3,552,944 | €3,599,679 | +€46,735 | +1.3% |
| Fixed assets | 21/28 | €3,466,425 | €3,407,163 | -€59,261 | -1.7% |
| Tangible fixed assets | 22/27 | €2,106,508 | €2,047,246 | -€59,261 | -2.8% |
| Land and buildings | 22 | €2,091,470 | €2,040,049 | -€51,422 | -2.5% |
| Furniture and vehicles | 24 | €6,970 | €352 | -€6,618 | -94.9% |
| Other tangible fixed assets | 26 | €8,068 | €6,845 | -€1,222 | -15.1% |
| Financial fixed assets | 28 | €1,359,917 | €1,359,917 | = | 0.0% |
| Current assets | 29/58 | €86,520 | €192,516 | +€105,996 | +122.5% |
| Amounts receivable within one year | 40/41 | €59,001 | €150 | -€58,851 | -99.7% |
| Trade receivables | 40 | €48,373 | €0 | -€48,373 | -100.0% |
| Other amounts receivable | 41 | €10,629 | €150 | -€10,479 | -98.6% |
| Current investments | 50/53 | - | €147,900 | +€147,900 | |
| Cash at bank and in hand | 54/58 | €24,826 | €42,248 | +€17,422 | +70.2% |
| Deferred charges and accrued income | 490/1 | €2,692 | €2,218 | -€474 | -17.6% |
| Total equity and liabilities | 10/49 | €3,552,944 | €3,599,679 | +€46,735 | +1.3% |
| Equity | 10/15 | €1,307,989 | €1,487,323 | +€179,334 | +13.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,287,989 | €1,467,323 | +€179,334 | +13.9% |
| Distributable reserves | 133 | €1,287,989 | €1,467,323 | +€179,334 | +13.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,244,955 | €2,112,356 | -€132,599 | -5.9% |
| Amounts payable after more than one year | 17 | €1,821,733 | €1,868,812 | +€47,079 | +2.6% |
| Financial debts | 170/4 | €1,821,733 | €1,868,812 | +€47,079 | +2.6% |
| Amounts payable within one year | 42/48 | €423,222 | €242,356 | -€180,866 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €212,747 | €165,421 | -€47,326 | -22.2% |
| Financial debts | 43 | €0 | €9,423 | +€9,423 | |
| Credit institutions | 430/8 | €0 | €9,423 | +€9,423 | |
| Trade debts | 44 | €2,715 | €28,071 | +€25,356 | +933.9% |
| Suppliers | 440/4 | €2,715 | €28,071 | +€25,356 | +933.9% |
| Taxes, remuneration and social security | 45 | €30,874 | €33,136 | +€2,262 | +7.3% |
| Taxes | 450/3 | €29,019 | €32,036 | +€3,017 | +10.4% |
| Remuneration and social security | 454/9 | €1,855 | €1,100 | -€755 | -40.7% |
| Other amounts payable | 47/48 | €176,885 | €6,304 | -€170,581 | -96.4% |
| Accrued charges and deferred income | 492/3 | - | €1,188 | +€1,188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,863 | €53,956 | -€9,907 | -15.5% |
| Other operating charges | 640/8 | €4,296 | €4,420 | +€124 | +2.9% |
| Non-recurring operating charges | 66A | - | €4,306 | +€4,306 | |
| Gross operating margin | 9900 | €287,969 | €254,163 | -€33,806 | -11.7% |
| Operating profit (loss) | 9901 | €219,810 | €191,481 | -€28,329 | -12.9% |
| Financial income | 75/76B | €120,022 | €371,147 | +€251,125 | +209.2% |
| Recurring financial income | 75 | €120,022 | €371,147 | +€251,125 | +209.2% |
| Financial charges | 65/66B | €41,086 | €37,465 | -€3,621 | -8.8% |
| Recurring financial charges | 65 | €41,086 | €37,465 | -€3,621 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €298,745 | €525,163 | +€226,418 | +75.8% |
| Income taxes | 67/77 | €43,763 | €45,829 | +€2,066 | +4.7% |
| Profit (loss) for the period | 9904 | €254,982 | €479,334 | +€224,352 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €254,982 | €479,334 | +€224,352 | +88.0% |
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 3 October 2026 via checked.be.