BAHANA: 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.
BAHANA
Largest movements
- Receivables within one year +€45,302
up €45,302 (+3839.2%), from €1,180 to €46,482
of which Other amounts receivable: +€45,451
- Cash +€40,680
up €40,680 (+55.3%), from €73,619 to €114,300
mainly Net result for the year (+€59,344) and Receivables after one year (+€30,645)
- Receivables after one year -€30,645
no longer reported in 2025 (was €30,645)
- Tangible fixed assets -€25,636
down €25,636 (-35.7%), from €71,901 to €46,265
of which Other tangible fixed assets: -€13,754
- Stocks and contracts +€7,448
up €7,448 (+3.8%), from €194,427 to €201,875
- Reserves +€59,344
up €59,344 (+46.8%), from €126,863 to €186,207
of which Distributable reserves: +€59,344
- Debts after one year -€23,614
down €23,614 (-31.8%), from €74,278 to €50,664
- Tax, wage and social debts +€13,728
up €13,728 (+107.4%), from €12,784 to €26,512
of which Taxes: +€13,206
- Trade debts -€9,290
down €9,290 (-11.7%), from €79,421 to €70,131
- Gross operating margin +€61,710
up €61,710 (+76.5%), from €80,630 to €142,340
- Taxes +€15,533
up €15,533 (+195.2%), from €7,956 to €23,489
- Staff costs +€5,822
up €5,822 (+23.0%), from €25,295 to €31,117
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 | €373,225 | €410,750 | +€37,525 | +10.1% |
| Fixed assets | 21/28 | €72,433 | €46,797 | -€25,636 | -35.4% |
| Tangible fixed assets | 22/27 | €71,901 | €46,265 | -€25,636 | -35.7% |
| Furniture and vehicles | 24 | €23,319 | €11,437 | -€11,882 | -51.0% |
| Other tangible fixed assets | 26 | €48,582 | €34,828 | -€13,754 | -28.3% |
| Financial fixed assets | 28 | €532 | €532 | = | 0.0% |
| Current assets | 29/58 | €300,791 | €363,952 | +€63,161 | +21.0% |
| Amounts receivable after more than one year | 29 | €30,645 | - | -€30,645 | |
| Other amounts receivable | 291 | €30,645 | - | -€30,645 | |
| Stocks and contracts in progress | 3 | €194,427 | €201,875 | +€7,448 | +3.8% |
| Stocks | 30/36 | €194,427 | €201,875 | +€7,448 | +3.8% |
| Amounts receivable within one year | 40/41 | €1,180 | €46,482 | +€45,302 | +3839.2% |
| Trade receivables | 40 | €149 | - | -€149 | |
| Other amounts receivable | 41 | €1,031 | €46,482 | +€45,451 | +4407.1% |
| Cash at bank and in hand | 54/58 | €73,619 | €114,300 | +€40,680 | +55.3% |
| Deferred charges and accrued income | 490/1 | €921 | €1,296 | +€375 | +40.7% |
| Total equity and liabilities | 10/49 | €373,225 | €410,750 | +€37,525 | +10.1% |
| Equity | 10/15 | €180,105 | €238,329 | +€58,224 | +32.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €126,863 | €186,207 | +€59,344 | +46.8% |
| Tax-exempt reserves | 132 | €22,523 | €22,523 | = | 0.0% |
| Distributable reserves | 133 | €104,340 | €163,684 | +€59,344 | +56.9% |
| Profit (loss) carried forward | 14 | €30,170 | €30,170 | = | 0.0% |
| Investment grants | 15 | €4,479 | €3,359 | -€1,120 | -25.0% |
| Amounts payable | 17/49 | €193,120 | €172,421 | -€20,699 | -10.7% |
| Amounts payable after more than one year | 17 | €74,278 | €50,664 | -€23,614 | -31.8% |
| Financial debts | 170/4 | €74,278 | €50,664 | -€23,614 | -31.8% |
| Amounts payable within one year | 42/48 | €118,842 | €121,757 | +€2,915 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €23,137 | €23,614 | +€478 | +2.1% |
| Financial debts | 43 | €3,500 | €1,500 | -€2,000 | -57.1% |
| Credit institutions | 430/8 | €3,500 | €1,500 | -€2,000 | -57.1% |
| Trade debts | 44 | €79,421 | €70,131 | -€9,290 | -11.7% |
| Suppliers | 440/4 | €79,421 | €70,131 | -€9,290 | -11.7% |
| Taxes, remuneration and social security | 45 | €12,784 | €26,512 | +€13,728 | +107.4% |
| Taxes | 450/3 | €9,074 | €22,280 | +€13,206 | +145.5% |
| Remuneration and social security | 454/9 | €3,709 | €4,232 | +€522 | +14.1% |
| Remuneration, social security and pensions | 62 | €25,295 | €31,117 | +€5,822 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,390 | €25,636 | +€245 | +1.0% |
| Other operating charges | 640/8 | €756 | €623 | -€133 | -17.6% |
| Gross operating margin | 9900 | €80,630 | €142,340 | +€61,710 | +76.5% |
| Operating profit (loss) | 9901 | €29,189 | €84,965 | +€55,776 | +191.1% |
| Financial income | 75/76B | €4,674 | €3,443 | -€1,231 | -26.3% |
| Recurring financial income | 75 | €4,674 | €3,443 | -€1,231 | -26.3% |
| Financial charges | 65/66B | €6,000 | €5,575 | -€425 | -7.1% |
| Recurring financial charges | 65 | €6,000 | €5,575 | -€425 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €27,863 | €82,833 | +€54,970 | +197.3% |
| Income taxes | 67/77 | €7,956 | €23,489 | +€15,533 | +195.2% |
| Profit (loss) for the period | 9904 | €19,907 | €59,344 | +€39,437 | +198.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,907 | €59,344 | +€39,437 | +198.1% |
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 8 October 2026 via checked.be.