BONWA: 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.
BONWA
Largest movements
- Cash -€54,009
down €54,009 (-30.3%), from €178,145 to €124,136
mainly Contributions, distributions and other (-€200,000) and Investment in fixed assets (net) (-€21,170)
- Tangible fixed assets +€11,913
up €11,913 (+20.4%), from €58,347 to €70,259
of which Land and buildings: +€41,347
- Receivables within one year +€10,518
up €10,518 (+47.5%), from €22,153 to €32,672
of which Other amounts receivable: +€11,134
- Deferred charges and accrued income +€5,299
up €5,299 (+93.2%), from €5,686 to €10,986
- Reserves -€39,748
down €39,748 (-16.5%), from €240,207 to €200,459
- Tax, wage and social debts +€15,828
up €15,828 (+95.2%), from €16,629 to €32,456
- Turnover +€90,656
up €90,656 (+26.4%), from €344,043 to €434,699
- Gross operating margin +€77,679
up €77,679 (+58.3%), from €133,259 to €210,938
- Purchases and services +€12,977
up €12,977 (+6.2%), from €210,784 to €223,761
- Taxes +€10,780
up €10,780 (+37.9%), from €28,435 to €39,214
- Staff costs -€9,737
down €9,737 (-84.9%), from €11,466 to €1,729
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,581 | €238,303 | -€26,279 | -9.9% |
| Fixed assets | 21/28 | €58,597 | €70,509 | +€11,913 | +20.3% |
| Tangible fixed assets | 22/27 | €58,347 | €70,259 | +€11,913 | +20.4% |
| Land and buildings | 22 | €26,592 | €67,939 | +€41,347 | +155.5% |
| Plant, machinery and equipment | 23 | €12,146 | €2,320 | -€9,826 | -80.9% |
| Furniture and vehicles | 24 | €19,608 | - | -€19,608 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €205,985 | €167,793 | -€38,192 | -18.5% |
| Amounts receivable within one year | 40/41 | €22,153 | €32,672 | +€10,518 | +47.5% |
| Trade receivables | 40 | €615 | - | -€615 | |
| Other amounts receivable | 41 | €21,538 | €32,672 | +€11,134 | +51.7% |
| Cash at bank and in hand | 54/58 | €178,145 | €124,136 | -€54,009 | -30.3% |
| Deferred charges and accrued income | 490/1 | €5,686 | €10,986 | +€5,299 | +93.2% |
| Total equity and liabilities | 10/49 | €264,581 | €238,303 | -€26,279 | -9.9% |
| Equity | 10/15 | €241,207 | €201,459 | -€39,748 | -16.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €240,207 | €200,459 | -€39,748 | -16.5% |
| Distributable reserves | 133 | €240,207 | €200,459 | -€39,748 | -16.5% |
| Amounts payable | 17/49 | €23,375 | €36,844 | +€13,469 | +57.6% |
| Amounts payable within one year | 42/48 | €23,375 | €36,844 | +€13,469 | +57.6% |
| Trade debts | 44 | €6,746 | €4,387 | -€2,359 | -35.0% |
| Suppliers | 440/4 | €6,746 | €4,387 | -€2,359 | -35.0% |
| Taxes, remuneration and social security | 45 | €16,629 | €32,456 | +€15,828 | +95.2% |
| Taxes | 450/3 | €16,629 | €32,456 | +€15,828 | +95.2% |
| Turnover | 70 | €344,043 | €434,699 | +€90,656 | +26.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €210,784 | €223,761 | +€12,977 | +6.2% |
| Remuneration, social security and pensions | 62 | €11,466 | €1,729 | -€9,737 | -84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,513 | €9,257 | +€744 | +8.7% |
| Other operating charges | 640/8 | €384 | €397 | +€13 | +3.4% |
| Gross operating margin | 9900 | €133,259 | €210,938 | +€77,679 | +58.3% |
| Operating profit (loss) | 9901 | €112,894 | €199,554 | +€86,660 | +76.8% |
| Financial income | 75/76B | €456 | €720 | +€265 | +58.2% |
| Recurring financial income | 75 | €456 | €720 | +€265 | +58.2% |
| Financial charges | 65/66B | €276 | €808 | +€533 | +193.2% |
| Recurring financial charges | 65 | €276 | €808 | +€533 | +193.2% |
| Profit (loss) for the period before taxes | 9903 | €113,074 | €199,466 | +€86,392 | +76.4% |
| Income taxes | 67/77 | €28,435 | €39,214 | +€10,780 | +37.9% |
| Profit (loss) for the period | 9904 | €84,639 | €160,252 | +€75,613 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,639 | €160,252 | +€75,613 | +89.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.