BONTYES LAW: 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.
BONTYES LAW
Largest movements
- Cash +€45,453
up €45,453 (+91.2%), from €49,835 to €95,288
mainly Net result for the year (+€62,568) and Depreciation (+€8,498)
- Receivables within one year +€21,781
up €21,781 (+104%), from €20,983 to €42,764
of which Trade receivables: +€21,781
- Tangible fixed assets -€8,498
down €8,498 (-55.3%), from €15,357 to €6,859
- Profit (loss) carried forward +€62,568
up €62,568 (+94.5%), from €66,211 to €128,780
- Trade debts -€7,777
down €7,777 (-94.7%), from €8,215 to €438
- Tax, wage and social debts +€5,137
up €5,137 (+61.8%), from €8,316 to €13,454
of which Taxes: +€3,737
- Other debts -€1,578
down €1,578 (-32.7%), from €4,830 to €3,252
- Gross operating margin +€32,069
up €32,069 (+56.2%), from €57,082 to €89,151
- Taxes +€6,360
up €6,360 (+57.1%), from €11,129 to €17,488
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 | €87,673 | €146,024 | +€58,351 | +66.6% |
| Fixed assets | 21/28 | €15,357 | €6,859 | -€8,498 | -55.3% |
| Tangible fixed assets | 22/27 | €15,357 | €6,859 | -€8,498 | -55.3% |
| Furniture and vehicles | 24 | €15,357 | €6,859 | -€8,498 | -55.3% |
| Current assets | 29/58 | €72,316 | €139,165 | +€66,849 | +92.4% |
| Amounts receivable within one year | 40/41 | €20,983 | €42,764 | +€21,781 | +104% |
| Trade receivables | 40 | €20,420 | €42,200 | +€21,781 | +107% |
| Other amounts receivable | 41 | €564 | €564 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,835 | €95,288 | +€45,453 | +91.2% |
| Deferred charges and accrued income | 490/1 | €1,497 | €1,113 | -€384 | -25.7% |
| Total equity and liabilities | 10/49 | €87,673 | €146,024 | +€58,351 | +66.6% |
| Equity | 10/15 | €66,311 | €128,880 | +€62,568 | +94.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | - | €100 | +€100 | |
| Issued capital | 100 | - | €100 | +€100 | |
| Profit (loss) carried forward | 14 | €66,211 | €128,780 | +€62,568 | +94.5% |
| Amounts payable | 17/49 | €21,361 | €17,144 | -€4,217 | -19.7% |
| Amounts payable within one year | 42/48 | €21,361 | €17,144 | -€4,217 | -19.7% |
| Trade debts | 44 | €8,215 | €438 | -€7,777 | -94.7% |
| Suppliers | 440/4 | €8,215 | €438 | -€7,777 | -94.7% |
| Taxes, remuneration and social security | 45 | €8,316 | €13,454 | +€5,137 | +61.8% |
| Taxes | 450/3 | €8,316 | €12,054 | +€3,737 | +44.9% |
| Remuneration and social security | 454/9 | - | €1,400 | +€1,400 | |
| Other amounts payable | 47/48 | €4,830 | €3,252 | -€1,578 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,655 | €8,498 | -€157 | -1.8% |
| Other operating charges | 640/8 | €490 | €490 | -€0 | 0.0% |
| Gross operating margin | 9900 | €57,082 | €89,151 | +€32,069 | +56.2% |
| Operating profit (loss) | 9901 | €47,936 | €80,163 | +€32,226 | +67.2% |
| Financial charges | 65/66B | €213 | €106 | -€107 | -50.3% |
| Recurring financial charges | 65 | €213 | €106 | -€107 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €47,723 | €80,057 | +€32,334 | +67.8% |
| Income taxes | 67/77 | €11,129 | €17,488 | +€6,360 | +57.1% |
| Profit (loss) for the period | 9904 | €36,594 | €62,568 | +€25,974 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,594 | €62,568 | +€25,974 | +71.0% |
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 21 October 2026 via checked.be.