T.C. BONCELLES: 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.
T.C. BONCELLES
Largest movements
- Current investments -€160,000
down €160,000 (-21.1%), from €760,000 to €600,000
- Cash +€86,007
up €86,007 (+37.0%), from €232,171 to €318,178
mainly Net result for the year (+€210,453) and Current investments (+€160,000)
- Tangible fixed assets -€25,247
down €25,247 (-21.0%), from €119,957 to €94,710
of which Other tangible fixed assets: -€16,716
- Trade debts -€109,254
down €109,254 (-25.0%), from €436,724 to €327,470
- Other debts -€100,000
down €100,000 (-49.8%), from €200,606 to €100,606
- Profit (loss) carried forward +€70,453
up €70,453 (+25.1%), from €280,337 to €350,790
- Reserves +€40,000
up €40,000 (+8.1%), from €492,775 to €532,775
of which Distributable reserves: +€40,000
- Gross operating margin -€56,451
down €56,451 (-6.8%), from €834,417 to €777,967
- Staff costs -€39,540
down €39,540 (-7.7%), from €514,981 to €475,440
- Financial income +€13,036
up €13,036 (+231%), from €5,644 to €18,680
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 | €1,529,691 | €1,433,307 | -€96,385 | -6.3% |
| Fixed assets | 21/28 | €119,957 | €94,710 | -€25,247 | -21.0% |
| Tangible fixed assets | 22/27 | €119,957 | €94,710 | -€25,247 | -21.0% |
| Plant, machinery and equipment | 23 | €8,200 | €8,604 | +€404 | +4.9% |
| Furniture and vehicles | 24 | €25,010 | €16,074 | -€8,935 | -35.7% |
| Other tangible fixed assets | 26 | €86,748 | €70,032 | -€16,716 | -19.3% |
| Current assets | 29/58 | €1,409,734 | €1,338,597 | -€71,137 | -5.0% |
| Stocks and contracts in progress | 3 | €366,643 | €364,491 | -€2,153 | -0.6% |
| Stocks | 30/36 | €366,643 | €364,491 | -€2,153 | -0.6% |
| Amounts receivable within one year | 40/41 | €36,128 | €38,684 | +€2,556 | +7.1% |
| Trade receivables | 40 | €129 | €1,942 | +€1,812 | +1,400% |
| Other amounts receivable | 41 | €35,999 | €36,742 | +€744 | +2.1% |
| Current investments | 50/53 | €760,000 | €600,000 | -€160,000 | -21.1% |
| Cash at bank and in hand | 54/58 | €232,171 | €318,178 | +€86,007 | +37.0% |
| Deferred charges and accrued income | 490/1 | €14,792 | €17,243 | +€2,452 | +16.6% |
| Total equity and liabilities | 10/49 | €1,529,691 | €1,433,307 | -€96,385 | -6.3% |
| Equity | 10/15 | €779,309 | €889,763 | +€110,453 | +14.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €492,775 | €532,775 | +€40,000 | +8.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €490,916 | €530,916 | +€40,000 | +8.1% |
| Profit (loss) carried forward | 14 | €280,337 | €350,790 | +€70,453 | +25.1% |
| Amounts payable | 17/49 | €750,382 | €543,544 | -€206,838 | -27.6% |
| Amounts payable within one year | 42/48 | €750,382 | €543,544 | -€206,838 | -27.6% |
| Trade debts | 44 | €436,724 | €327,470 | -€109,254 | -25.0% |
| Suppliers | 440/4 | €436,724 | €327,470 | -€109,254 | -25.0% |
| Taxes, remuneration and social security | 45 | €113,052 | €115,468 | +€2,416 | +2.1% |
| Taxes | 450/3 | €21,698 | €27,307 | +€5,609 | +25.9% |
| Remuneration and social security | 454/9 | €91,355 | €88,161 | -€3,193 | -3.5% |
| Other amounts payable | 47/48 | €200,606 | €100,606 | -€100,000 | -49.8% |
| Non-recurring operating income | 76A | €2,695 | - | -€2,695 | |
| Remuneration, social security and pensions | 62 | €514,981 | €475,440 | -€39,540 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,138 | €30,471 | -€667 | -2.1% |
| Other operating charges | 640/8 | €1,824 | €3,133 | +€1,309 | +71.8% |
| Gross operating margin | 9900 | €834,417 | €777,967 | -€56,451 | -6.8% |
| Operating profit (loss) | 9901 | €286,475 | €268,923 | -€17,552 | -6.1% |
| Financial income | 75/76B | €5,644 | €18,680 | +€13,036 | +231% |
| Recurring financial income | 75 | €5,644 | €18,680 | +€13,036 | +231% |
| Financial charges | 65/66B | €4,863 | €4,830 | -€33 | -0.7% |
| Recurring financial charges | 65 | €4,863 | €4,830 | -€33 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €287,256 | €282,773 | -€4,483 | -1.6% |
| Income taxes | 67/77 | €73,727 | €72,320 | -€1,407 | -1.9% |
| Profit (loss) for the period | 9904 | €213,529 | €210,453 | -€3,076 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €213,529 | €210,453 | -€3,076 | -1.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.