DE BONDT: 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.
DE BONDT
Largest movements
- Intangible fixed assets -€276,798
down €276,798 (-54.6%), from €506,672 to €229,874
- Current investments +€75,120
up €75,120 (+831%), from €9,043 to €84,163
- Tangible fixed assets -€40,307
down €40,307 (-6.3%), from €638,062 to €597,755
of which Furniture and vehicles: -€32,959
- Receivables within one year +€22,667
up €22,667 (+27.9%), from €81,180 to €103,847
of which Other amounts receivable: +€22,667
- Debts after one year -€347,666
down €347,666 (-40.7%), from €853,927 to €506,261
- Reserves +€158,119
up €158,119 (+66.0%), from €239,602 to €397,721
- Current portion of long-term debt -€57,825
down €57,825 (-48.5%), from €119,151 to €61,326
- Tax, wage and social debts +€31,413
up €31,413 (+58.7%), from €53,519 to €84,932
of which Taxes: +€33,872
- Gross operating margin -€58,425
down €58,425 (-13.8%), from €424,584 to €366,159
- Depreciation -€40,291
down €40,291 (-30.1%), from €134,019 to €93,728
- Staff costs -€35,563
no longer reported in 2025 (was €35,563)
- Taxes +€9,900
up €9,900 (+13.7%), from €72,521 to €82,421
- Financial charges +€8,331
up €8,331 (+32.9%), from €25,348 to €33,679
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 | €1,270,812 | €1,053,008 | -€217,803 | -17.1% |
| Formation expenses | 20 | €4,504 | €4,217 | -€288 | -6.4% |
| Fixed assets | 21/28 | €1,144,901 | €827,796 | -€317,105 | -27.7% |
| Intangible fixed assets | 21 | €506,672 | €229,874 | -€276,798 | -54.6% |
| Tangible fixed assets | 22/27 | €638,062 | €597,755 | -€40,307 | -6.3% |
| Land and buildings | 22 | €420,278 | €413,085 | -€7,193 | -1.7% |
| Plant, machinery and equipment | 23 | €2,220 | €2,065 | -€155 | -7.0% |
| Furniture and vehicles | 24 | €215,564 | €182,605 | -€32,959 | -15.3% |
| Financial fixed assets | 28 | €167 | €167 | = | 0.0% |
| Current assets | 29/58 | €121,407 | €220,996 | +€99,589 | +82.0% |
| Amounts receivable within one year | 40/41 | €81,180 | €103,847 | +€22,667 | +27.9% |
| Trade receivables | 40 | €2,040 | €2,040 | = | 0.0% |
| Other amounts receivable | 41 | €79,140 | €101,807 | +€22,667 | +28.6% |
| Current investments | 50/53 | €9,043 | €84,163 | +€75,120 | +831% |
| Cash at bank and in hand | 54/58 | €22,054 | €25,376 | +€3,321 | +15.1% |
| Deferred charges and accrued income | 490/1 | €9,130 | €7,610 | -€1,519 | -16.6% |
| Total equity and liabilities | 10/49 | €1,270,812 | €1,053,008 | -€217,803 | -17.1% |
| Equity | 10/15 | €240,102 | €398,221 | +€158,119 | +65.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €239,602 | €397,721 | +€158,119 | +66.0% |
| Distributable reserves | 133 | €239,602 | €397,721 | +€158,119 | +66.0% |
| Amounts payable | 17/49 | €1,030,710 | €654,788 | -€375,923 | -36.5% |
| Amounts payable after more than one year | 17 | €853,927 | €506,261 | -€347,666 | -40.7% |
| Financial debts | 170/4 | €853,927 | €506,261 | -€347,666 | -40.7% |
| Amounts payable within one year | 42/48 | €176,391 | €148,177 | -€28,214 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €119,151 | €61,326 | -€57,825 | -48.5% |
| Trade debts | 44 | €3,720 | €1,919 | -€1,802 | -48.4% |
| Suppliers | 440/4 | €3,720 | €1,919 | -€1,802 | -48.4% |
| Taxes, remuneration and social security | 45 | €53,519 | €84,932 | +€31,413 | +58.7% |
| Taxes | 450/3 | €48,492 | €82,365 | +€33,872 | +69.9% |
| Remuneration and social security | 454/9 | €5,027 | €2,568 | -€2,459 | -48.9% |
| Accrued charges and deferred income | 492/3 | €392 | €349 | -€43 | -10.9% |
| Non-recurring operating income | 76A | - | €46,664 | +€46,664 | |
| Remuneration, social security and pensions | 62 | €35,563 | - | -€35,563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,019 | €93,728 | -€40,291 | -30.1% |
| Other operating charges | 640/8 | €1,932 | €4,173 | +€2,241 | +116% |
| Gross operating margin | 9900 | €424,584 | €366,159 | -€58,425 | -13.8% |
| Operating profit (loss) | 9901 | €253,071 | €268,257 | +€15,187 | +6.0% |
| Financial income | 75/76B | €3,707 | €5,962 | +€2,256 | +60.8% |
| Recurring financial income | 75 | €3,707 | €5,962 | +€2,256 | +60.8% |
| Financial charges | 65/66B | €25,348 | €33,679 | +€8,331 | +32.9% |
| Recurring financial charges | 65 | €25,348 | €33,679 | +€8,331 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €231,429 | €240,540 | +€9,111 | +3.9% |
| Income taxes | 67/77 | €72,521 | €82,421 | +€9,900 | +13.7% |
| Profit (loss) for the period | 9904 | €158,908 | €158,119 | -€789 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €158,908 | €158,119 | -€789 | -0.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.