BONINVESTS: what changed
BONINVESTS
Largest movements
- Tangible fixed assets -€12,266
down €12,266 (-4.0%), from €308,444 to €296,178
of which Assets under construction and advance payments: -€6,572
- Cash +€10,604
up €10,604 (+26,176%), from €41 to €10,644
mainly Current portion of long-term debt (+€27,495) and Accrued charges and deferred income (+€9,133)
- Receivables within one year -€4,987
no longer reported in 2025 (was €4,987)
- Profit (loss) carried forward -€32,020
down €32,020 (-165%), from -€19,347 to -€51,367
- Current portion of long-term debt +€27,495
up €27,495 (+30.2%), from €90,959 to €118,454
- Debts after one year -€12,090
down €12,090 (-5.7%), from €212,387 to €200,298
- Accrued charges and deferred income +€9,133
up €9,133 (+364%), from €2,509 to €11,641
- Other debts +€3,752
up €3,752 (+114%), from €3,300 to €7,052
- Gross operating margin -€15,988
down €15,988, from €1,427 to -€14,561
- Other operating charges +€9,153
new in 2025: €9,153
- Financial charges -€2,859
down €2,859 (-52.3%), from €5,471 to €2,612
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 | €313,722 | €307,073 | -€6,649 | -2.1% |
| Fixed assets | 21/28 | €308,694 | €296,428 | -€12,266 | -4.0% |
| Tangible fixed assets | 22/27 | €308,444 | €296,178 | -€12,266 | -4.0% |
| Land and buildings | 22 | €202,444 | €196,750 | -€5,694 | -2.8% |
| Assets under construction and advance payments | 27 | €106,000 | €99,428 | -€6,572 | -6.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €5,028 | €10,644 | +€5,617 | +112% |
| Amounts receivable within one year | 40/41 | €4,987 | - | -€4,987 | |
| Other amounts receivable | 41 | €4,987 | - | -€4,987 | |
| Cash at bank and in hand | 54/58 | €41 | €10,644 | +€10,604 | +26,176% |
| Total equity and liabilities | 10/49 | €313,722 | €307,073 | -€6,649 | -2.1% |
| Equity | 10/15 | €653 | -€31,367 | -€32,020 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,347 | -€51,367 | -€32,020 | -165% |
| Amounts payable | 17/49 | €313,069 | €338,440 | +€25,370 | +8.1% |
| Amounts payable after more than one year | 17 | €212,387 | €200,298 | -€12,090 | -5.7% |
| Financial debts | 170/4 | €212,387 | €200,298 | -€12,090 | -5.7% |
| Amounts payable within one year | 42/48 | €98,174 | €126,501 | +€28,327 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €90,959 | €118,454 | +€27,495 | +30.2% |
| Trade debts | 44 | €3,915 | €995 | -€2,920 | -74.6% |
| Suppliers | 440/4 | €3,915 | €995 | -€2,920 | -74.6% |
| Other amounts payable | 47/48 | €3,300 | €7,052 | +€3,752 | +114% |
| Accrued charges and deferred income | 492/3 | €2,509 | €11,641 | +€9,133 | +364% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,694 | €5,694 | = | 0.0% |
| Other operating charges | 640/8 | - | €9,153 | +€9,153 | |
| Gross operating margin | 9900 | €1,427 | -€14,561 | -€15,988 | |
| Operating profit (loss) | 9901 | -€4,267 | -€29,408 | -€25,141 | -589% |
| Financial charges | 65/66B | €5,471 | €2,612 | -€2,859 | -52.3% |
| Recurring financial charges | 65 | €5,471 | €2,612 | -€2,859 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,738 | -€32,020 | -€22,282 | -229% |
| Profit (loss) for the period | 9904 | -€9,738 | -€32,020 | -€22,282 | -229% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,738 | -€32,020 | -€22,282 | -229% |
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 7 November 2026 via checked.be.