By Bonaventure: what changed
By Bonaventure
Largest movements
- Receivables within one year +€23,672
up €23,672 (+156%), from €15,153 to €38,825
of which Trade receivables: +€23,932
- Tangible fixed assets -€10,623
down €10,623 (-26.8%), from €39,586 to €28,963
of which Furniture and vehicles: -€9,488
- Cash +€1,039
up €1,039 (+61.8%), from €1,681 to €2,720
mainly Depreciation (+€10,623) and Other debts (+€6,431)
- Other debts +€6,431
up €6,431 (+11.9%), from €53,912 to €60,344
- Trade debts +€5,252
up €5,252 (+64.3%), from €8,166 to €13,418
- Profit (loss) carried forward +€2,159
up €2,159 (+8.4%), from -€25,729 to -€23,570
- Contributions +€1,860
up €1,860 (+10.0%), from €18,600 to €20,460
- Reserves -€1,860
down €1,860 (-93.5%), from €1,989 to €129
of which Non-distributable reserves: -€1,860
- Turnover +€23,650
up €23,650 (+137%), from €17,288 to €40,938
- Purchases and services +€19,108
up €19,108 (+222%), from €8,607 to €27,715
- Depreciation +€6,052
up €6,052 (+132%), from €4,571 to €10,623
- Gross operating margin +€4,542
up €4,542 (+52.3%), from €8,681 to €13,223
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,938 | €70,780 | +€13,842 | +24.3% |
| Fixed assets | 21/28 | €39,601 | €28,963 | -€10,637 | -26.9% |
| Tangible fixed assets | 22/27 | €39,586 | €28,963 | -€10,623 | -26.8% |
| Furniture and vehicles | 24 | €30,873 | €21,385 | -€9,488 | -30.7% |
| Other tangible fixed assets | 26 | €8,714 | €7,578 | -€1,135 | -13.0% |
| Financial fixed assets | 28 | €14 | - | -€14 | |
| Current assets | 29/58 | €17,338 | €41,817 | +€24,479 | +141% |
| Amounts receivable within one year | 40/41 | €15,153 | €38,825 | +€23,672 | +156% |
| Trade receivables | 40 | €13,672 | €37,604 | +€23,932 | +175% |
| Other amounts receivable | 41 | €1,481 | €1,220 | -€261 | -17.6% |
| Cash at bank and in hand | 54/58 | €1,681 | €2,720 | +€1,039 | +61.8% |
| Deferred charges and accrued income | 490/1 | €503 | €272 | -€231 | -45.9% |
| Total equity and liabilities | 10/49 | €56,938 | €70,780 | +€13,842 | +24.3% |
| Equity | 10/15 | -€5,140 | -€2,981 | +€2,159 | +42.0% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,989 | €129 | -€1,860 | -93.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €129 | €129 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,729 | -€23,570 | +€2,159 | +8.4% |
| Amounts payable | 17/49 | €62,079 | €73,762 | +€11,683 | +18.8% |
| Amounts payable within one year | 42/48 | €62,079 | €73,762 | +€11,683 | +18.8% |
| Trade debts | 44 | €8,166 | €13,418 | +€5,252 | +64.3% |
| Suppliers | 440/4 | €8,166 | €13,418 | +€5,252 | +64.3% |
| Other amounts payable | 47/48 | €53,912 | €60,344 | +€6,431 | +11.9% |
| Turnover | 70 | €17,288 | €40,938 | +€23,650 | +137% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,607 | €27,715 | +€19,108 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,571 | €10,623 | +€6,052 | +132% |
| Other operating charges | 640/8 | €103 | €320 | +€216 | +210% |
| Gross operating margin | 9900 | €8,681 | €13,223 | +€4,542 | +52.3% |
| Operating profit (loss) | 9901 | €4,006 | €2,280 | -€1,726 | -43.1% |
| Financial charges | 65/66B | €165 | €121 | -€44 | -26.9% |
| Recurring financial charges | 65 | €165 | €121 | -€44 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €3,841 | €2,159 | -€1,682 | -43.8% |
| Profit (loss) for the period | 9904 | €3,841 | €2,159 | -€1,682 | -43.8% |
| Transfer from tax-exempt reserves | 789 | - | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €3,841 | €2,159 | -€1,682 | -43.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.