CLAUDE BONTE: 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.
CLAUDE BONTE
Largest movements
- Tangible fixed assets -€19,338
down €19,338 (-17.4%), from €111,229 to €91,891
of which Land and buildings: -€19,338
- Other debts -€219,797
no longer reported in 2025 (was €219,797)
- Debts after one year +€214,273
new in 2025: €214,273
- Profit (loss) carried forward -€12,773
down €12,773 (-9.7%), from -€131,880 to -€144,652
- Gross operating margin +€2,239
up €2,239 (+25.8%), from €8,677 to €10,916
- Depreciation -€1,587
down €1,587 (-7.6%), from €20,903 to €19,316
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.
Cash bridge derived
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 | €113,292 | €94,008 | -€19,285 | -17.0% |
| Fixed assets | 21/28 | €111,229 | €91,891 | -€19,338 | -17.4% |
| Tangible fixed assets | 22/27 | €111,229 | €91,891 | -€19,338 | -17.4% |
| Land and buildings | 22 | €111,229 | €91,891 | -€19,338 | -17.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €2,063 | €2,117 | +€54 | +2.6% |
| Cash at bank and in hand | 54/58 | €1,370 | €1,401 | +€31 | +2.3% |
| Deferred charges and accrued income | 490/1 | €693 | €716 | +€23 | +3.3% |
| Total equity and liabilities | 10/49 | €113,292 | €94,008 | -€19,285 | -17.0% |
| Equity | 10/15 | -€109,880 | -€122,652 | -€12,773 | -11.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,880 | -€144,652 | -€12,773 | -9.7% |
| Amounts payable | 17/49 | €223,172 | €216,660 | -€6,512 | -2.9% |
| Amounts payable after more than one year | 17 | - | €214,273 | +€214,273 | |
| Financial debts | 170/4 | - | €214,273 | +€214,273 | |
| Amounts payable within one year | 42/48 | €223,172 | €2,387 | -€220,785 | -98.9% |
| Trade debts | 44 | €3,193 | €2,202 | -€991 | -31.0% |
| Suppliers | 440/4 | €3,193 | €2,202 | -€991 | -31.0% |
| Taxes, remuneration and social security | 45 | €182 | €185 | +€3 | +1.9% |
| Taxes | 450/3 | €182 | €185 | +€3 | +1.9% |
| Other amounts payable | 47/48 | €219,797 | - | -€219,797 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,903 | €19,316 | -€1,587 | -7.6% |
| Other operating charges | 640/8 | €4,101 | €4,075 | -€26 | -0.6% |
| Non-recurring operating charges | 66A | - | €22 | +€22 | |
| Gross operating margin | 9900 | €8,677 | €10,916 | +€2,239 | +25.8% |
| Operating profit (loss) | 9901 | -€16,327 | -€12,497 | +€3,831 | +23.5% |
| Financial income | 75/76B | €4 | €6 | +€1 | +26.1% |
| Recurring financial income | 75 | €4 | €6 | +€1 | +26.1% |
| Financial charges | 65/66B | €95 | €95 | = | 0.0% |
| Recurring financial charges | 65 | €95 | €95 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,418 | -€12,586 | +€3,832 | +23.3% |
| Income taxes | 67/77 | €183 | €187 | +€4 | +2.1% |
| Profit (loss) for the period | 9904 | -€16,601 | -€12,773 | +€3,828 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,601 | -€12,773 | +€3,828 | +23.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.