BONVOLI: 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.
BONVOLI
Largest movements
- Receivables within one year -€147,891
down €147,891 (-61.4%), from €240,902 to €93,011
of which Other amounts receivable: -€166,416
- Cash -€52,686
down €52,686 (-46.9%), from €112,373 to €59,686
mainly Other debts (-€169,000) and Contributions, distributions and other (-€81,000)
- Tangible fixed assets -€6,088
down €6,088 (-27.8%), from €21,932 to €15,843
- Other debts -€169,000
down €169,000 (-67.6%), from €250,000 to €81,000
- Reserves -€40,658
down €40,658 (-46.0%), from €88,308 to €47,650
- Gross operating margin +€59,702
up €59,702 (+144%), from €41,469 to €101,171
- Financial charges +€40,010
up €40,010 (+54,436%), from €74 to €40,084
of which Non-recurring financial charges: +€40,000
- Other operating charges +€6,193
up €6,193 (+2,459%), from €252 to €6,445
- Depreciation +€4,086
up €4,086 (+109%), from €3,760 to €7,846
- Taxes +€2,616
up €2,616 (+19.6%), from €13,338 to €15,954
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 | €382,094 | €173,767 | -€208,328 | -54.5% |
| Formation expenses | 20 | €355 | €0 | -€355 | -100% |
| Fixed assets | 21/28 | €27,284 | €19,794 | -€7,490 | -27.5% |
| Intangible fixed assets | 21 | €3,603 | €2,200 | -€1,402 | -38.9% |
| Tangible fixed assets | 22/27 | €21,932 | €15,843 | -€6,088 | -27.8% |
| Furniture and vehicles | 24 | €21,932 | €15,843 | -€6,088 | -27.8% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €354,455 | €153,973 | -€200,482 | -56.6% |
| Amounts receivable within one year | 40/41 | €240,902 | €93,011 | -€147,891 | -61.4% |
| Trade receivables | 40 | €5,764 | €24,290 | +€18,526 | +321% |
| Other amounts receivable | 41 | €235,138 | €68,721 | -€166,416 | -70.8% |
| Cash at bank and in hand | 54/58 | €112,373 | €59,686 | -€52,686 | -46.9% |
| Deferred charges and accrued income | 490/1 | €1,180 | €1,275 | +€95 | +8.0% |
| Total equity and liabilities | 10/49 | €382,094 | €173,767 | -€208,328 | -54.5% |
| Equity | 10/15 | €113,308 | €72,650 | -€40,658 | -35.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €88,308 | €47,650 | -€40,658 | -46.0% |
| Distributable reserves | 133 | €88,308 | €47,650 | -€40,658 | -46.0% |
| Amounts payable | 17/49 | €268,786 | €101,117 | -€167,670 | -62.4% |
| Amounts payable within one year | 42/48 | €268,786 | €101,117 | -€167,670 | -62.4% |
| Trade debts | 44 | €253 | €288 | +€35 | +13.8% |
| Suppliers | 440/4 | €253 | €288 | +€35 | +13.8% |
| Taxes, remuneration and social security | 45 | €18,533 | €19,828 | +€1,295 | +7.0% |
| Taxes | 450/3 | €18,533 | €19,828 | +€1,295 | +7.0% |
| Other amounts payable | 47/48 | €250,000 | €81,000 | -€169,000 | -67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,760 | €7,846 | +€4,086 | +109% |
| Other operating charges | 640/8 | €252 | €6,445 | +€6,193 | +2,459% |
| Gross operating margin | 9900 | €41,469 | €101,171 | +€59,702 | +144% |
| Operating profit (loss) | 9901 | €37,458 | €86,881 | +€49,423 | +132% |
| Financial income | 75/76B | €9,111 | €9,499 | +€388 | +4.3% |
| Recurring financial income | 75 | €9,111 | €9,499 | +€388 | +4.3% |
| Financial charges | 65/66B | €74 | €40,084 | +€40,010 | +54,436% |
| Recurring financial charges | 65 | €74 | €84 | +€10 | +14.0% |
| Non-recurring financial charges | 66B | - | €40,000 | +€40,000 | |
| Profit (loss) for the period before taxes | 9903 | €46,495 | €56,296 | +€9,801 | +21.1% |
| Income taxes | 67/77 | €13,338 | €15,954 | +€2,616 | +19.6% |
| Profit (loss) for the period | 9904 | €33,157 | €40,342 | +€7,185 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,157 | €40,342 | +€7,185 | +21.7% |
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 13 October 2026 via checked.be.