MATTHIJS BONTE: what changed
MATTHIJS BONTE
Largest movements
- Receivables within one year +€33,661
up €33,661 (+568%), from €5,924 to €39,584
of which Trade receivables: +€21,022
- Tangible fixed assets +€32,654
up €32,654 (+174%), from €18,802 to €51,456
of which Furniture and vehicles: +€33,175
- Cash -€15,910
down €15,910 (-35.0%), from €45,505 to €29,594
mainly Investment in fixed assets (net) (-€40,500) and Receivables within one year (-€33,661)
- Debts after one year +€25,125
new in 2025: €25,125
- Other debts +€12,799
up €12,799 (+59.0%), from €21,695 to €34,494
- Tax, wage and social debts -€7,538
down €7,538 (-82.0%), from €9,195 to €1,656
- Current portion of long-term debt +€6,700
new in 2025: €6,700
- Reserves +€6,458
up €6,458 (+17.9%), from €36,003 to €42,460
- Turnover +€95,275
new in 2025: €95,275
- Purchases and services +€78,061
new in 2025: €78,061
- Gross operating margin -€32,416
down €32,416 (-62.2%), from €52,119 to €19,703
- Taxes -€7,538
down €7,538 (-82.0%), from €9,195 to €1,656
- Depreciation +€3,081
up €3,081 (+64.7%), from €4,765 to €7,846
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 | €70,231 | €121,611 | +€51,380 | +73.2% |
| Fixed assets | 21/28 | €18,803 | €51,457 | +€32,654 | +174% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €18,802 | €51,456 | +€32,654 | +174% |
| Plant, machinery and equipment | 23 | €1,514 | €994 | -€521 | -34.4% |
| Furniture and vehicles | 24 | €17,288 | €50,463 | +€33,175 | +192% |
| Current assets | 29/58 | €51,428 | €70,154 | +€18,726 | +36.4% |
| Amounts receivable within one year | 40/41 | €5,924 | €39,584 | +€33,661 | +568% |
| Trade receivables | 40 | €3,979 | €25,001 | +€21,022 | +528% |
| Other amounts receivable | 41 | €1,945 | €14,583 | +€12,638 | +650% |
| Cash at bank and in hand | 54/58 | €45,505 | €29,594 | -€15,910 | -35.0% |
| Deferred charges and accrued income | 490/1 | - | €976 | +€976 | |
| Total equity and liabilities | 10/49 | €70,231 | €121,611 | +€51,380 | +73.2% |
| Equity | 10/15 | €39,003 | €45,460 | +€6,458 | +16.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,003 | €42,460 | +€6,458 | +17.9% |
| Distributable reserves | 133 | €36,003 | €42,460 | +€6,458 | +17.9% |
| Amounts payable | 17/49 | €31,229 | €76,151 | +€44,923 | +144% |
| Amounts payable after more than one year | 17 | - | €25,125 | +€25,125 | |
| Financial debts | 170/4 | - | €25,125 | +€25,125 | |
| Amounts payable within one year | 42/48 | €31,229 | €49,096 | +€17,867 | +57.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,700 | +€6,700 | |
| Trade debts | 44 | €339 | €6,245 | +€5,906 | +1,741% |
| Suppliers | 440/4 | €339 | €6,245 | +€5,906 | +1,741% |
| Taxes, remuneration and social security | 45 | €9,195 | €1,656 | -€7,538 | -82.0% |
| Taxes | 450/3 | €9,195 | €1,656 | -€7,538 | -82.0% |
| Other amounts payable | 47/48 | €21,695 | €34,494 | +€12,799 | +59.0% |
| Accrued charges and deferred income | 492/3 | - | €1,931 | +€1,931 | |
| Turnover | 70 | - | €95,275 | +€95,275 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €78,061 | +€78,061 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,765 | €7,846 | +€3,081 | +64.7% |
| Other operating charges | 640/8 | €427 | €416 | -€12 | -2.7% |
| Gross operating margin | 9900 | €52,119 | €19,703 | -€32,416 | -62.2% |
| Operating profit (loss) | 9901 | €46,927 | €11,441 | -€35,486 | -75.6% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €870 | €2,501 | +€1,631 | +187% |
| Recurring financial charges | 65 | €870 | €2,501 | +€1,631 | +187% |
| Profit (loss) for the period before taxes | 9903 | €46,056 | €8,947 | -€37,109 | -80.6% |
| Income taxes | 67/77 | €9,195 | €1,656 | -€7,538 | -82.0% |
| Profit (loss) for the period | 9904 | €36,862 | €7,291 | -€29,571 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,862 | €7,291 | -€29,571 | -80.2% |
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 4 November 2026 via checked.be.