Bonvola: 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.
Bonvola
Largest movements
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Cash +€108,356
up €108,356 (+104%), from €104,594 to €212,950
mainly Current investments (+€150,000) and Net result for the year (+€116,311)
- Receivables after one year -€30,000
no longer reported in 2025 (was €30,000)
- Receivables within one year -€17,431
down €17,431 (-45.1%), from €38,638 to €21,207
of which Trade receivables: -€18,673
- Deferred charges and accrued income +€16,445
up €16,445 (+2,521%), from €652 to €17,097
- Profit (loss) carried forward -€105,516
no longer reported in 2025 (was €105,516)
- Other debts +€24,323
up €24,323 (+1,224%), from €1,988 to €26,311
- Tax, wage and social debts +€7,889
up €7,889 (+20.3%), from €38,948 to €46,837
- Debts after one year -€7,192
down €7,192 (-41.6%), from €17,280 to €10,088
- Gross operating margin +€13,676
up €13,676 (+9.4%), from €145,852 to €159,529
- Taxes +€3,225
up €3,225 (+10.7%), from €30,220 to €33,445
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 | €358,999 | €277,349 | -€81,650 | -22.7% |
| Fixed assets | 21/28 | €35,114 | €26,094 | -€9,020 | -25.7% |
| Tangible fixed assets | 22/27 | €35,114 | €26,094 | -€9,020 | -25.7% |
| Plant, machinery and equipment | 23 | €639 | €2,071 | +€1,431 | +224% |
| Furniture and vehicles | 24 | €34,475 | €24,024 | -€10,451 | -30.3% |
| Current assets | 29/58 | €323,884 | €251,255 | -€72,630 | -22.4% |
| Amounts receivable after more than one year | 29 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 291 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €38,638 | €21,207 | -€17,431 | -45.1% |
| Trade receivables | 40 | €38,638 | €19,965 | -€18,673 | -48.3% |
| Other amounts receivable | 41 | - | €1,242 | +€1,242 | |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €104,594 | €212,950 | +€108,356 | +104% |
| Deferred charges and accrued income | 490/1 | €652 | €17,097 | +€16,445 | +2,521% |
| Total equity and liabilities | 10/49 | €358,999 | €277,349 | -€81,650 | -22.7% |
| Equity | 10/15 | €291,945 | €186,428 | -€105,516 | -36.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €185,428 | €185,428 | = | 0.0% |
| Distributable reserves | 133 | €185,428 | €185,428 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,516 | - | -€105,516 | |
| Amounts payable | 17/49 | €67,054 | €90,921 | +€23,867 | +35.6% |
| Amounts payable after more than one year | 17 | €17,280 | €10,088 | -€7,192 | -41.6% |
| Financial debts | 170/4 | €17,280 | €10,088 | -€7,192 | -41.6% |
| Amounts payable within one year | 42/48 | €49,453 | €80,784 | +€31,331 | +63.4% |
| Current portion of amounts payable after more than one year | 42 | €6,886 | €7,192 | +€306 | +4.4% |
| Trade debts | 44 | €1,631 | €444 | -€1,187 | -72.8% |
| Suppliers | 440/4 | €1,631 | €444 | -€1,187 | -72.8% |
| Taxes, remuneration and social security | 45 | €38,948 | €46,837 | +€7,889 | +20.3% |
| Taxes | 450/3 | €38,948 | €46,837 | +€7,889 | +20.3% |
| Other amounts payable | 47/48 | €1,988 | €26,311 | +€24,323 | +1,224% |
| Accrued charges and deferred income | 492/3 | €321 | €49 | -€272 | -84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,808 | €11,546 | +€738 | +6.8% |
| Other operating charges | 640/8 | €182 | €585 | +€404 | +222% |
| Gross operating margin | 9900 | €145,852 | €159,529 | +€13,676 | +9.4% |
| Operating profit (loss) | 9901 | €134,863 | €147,397 | +€12,534 | +9.3% |
| Financial income | 75/76B | €3,197 | €3,396 | +€199 | +6.2% |
| Recurring financial income | 75 | €3,197 | €3,396 | +€199 | +6.2% |
| Financial charges | 65/66B | €1,490 | €1,037 | -€453 | -30.4% |
| Recurring financial charges | 65 | €1,490 | €1,037 | -€453 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €136,570 | €149,756 | +€13,187 | +9.7% |
| Income taxes | 67/77 | €30,220 | €33,445 | +€3,225 | +10.7% |
| Profit (loss) for the period | 9904 | €106,349 | €116,311 | +€9,962 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €106,349 | €116,311 | +€9,962 | +9.4% |
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 19 October 2026 via checked.be.