BANCU ED.: 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.
BANCU ED.
Largest movements
- Stocks and contracts -€32,137
down €32,137 (-82.1%), from €39,137 to €7,000
of which Contracts in progress: -€32,137
- Receivables after one year +€14,543
up €14,543 (+5.1%), from €282,457 to €297,000
- Deferred charges and accrued income -€8,515
down €8,515 (-41.6%), from €20,469 to €11,954
- Tangible fixed assets -€6,301
down €6,301 (-65.3%), from €9,652 to €3,351
- Receivables within one year -€4,879
down €4,879 (-11.8%), from €41,392 to €36,513
of which Trade receivables: -€12,132
- Advances received -€82,424
down €82,424 (-100%), from €82,424 to €0
- Trade debts +€42,926
up €42,926 (+62.6%), from €68,608 to €111,533
- Staff costs -€56,334
down €56,334 (-9.0%), from €625,658 to €569,324
- Gross operating margin -€37,851
down €37,851 (-6.2%), from €611,462 to €573,611
- Financial income -€15,301
down €15,301 (-56.0%), from €27,301 to €12,000
of which Non-recurring financial income: -€16,140
- Write-downs +€6,595
up €6,595, from -€6,595 to €0
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 | €417,827 | €378,963 | -€38,864 | -9.3% |
| Fixed assets | 21/28 | €9,652 | €4,651 | -€5,001 | -51.8% |
| Tangible fixed assets | 22/27 | €9,652 | €3,351 | -€6,301 | -65.3% |
| Plant, machinery and equipment | 23 | €2,246 | €1,041 | -€1,205 | -53.6% |
| Furniture and vehicles | 24 | €2,989 | €0 | -€2,989 | -100% |
| Other tangible fixed assets | 26 | €4,418 | €2,310 | -€2,108 | -47.7% |
| Financial fixed assets | 28 | - | €1,300 | +€1,300 | |
| Current assets | 29/58 | €408,175 | €374,312 | -€33,863 | -8.3% |
| Amounts receivable after more than one year | 29 | €282,457 | €297,000 | +€14,543 | +5.1% |
| Other amounts receivable | 291 | €282,457 | €297,000 | +€14,543 | +5.1% |
| Stocks and contracts in progress | 3 | €39,137 | €7,000 | -€32,137 | -82.1% |
| Stocks | 30/36 | €7,000 | €7,000 | = | 0.0% |
| Contracts in progress | 37 | €32,137 | €0 | -€32,137 | -100% |
| Amounts receivable within one year | 40/41 | €41,392 | €36,513 | -€4,879 | -11.8% |
| Trade receivables | 40 | €25,938 | €13,807 | -€12,132 | -46.8% |
| Other amounts receivable | 41 | €15,454 | €22,707 | +€7,253 | +46.9% |
| Cash at bank and in hand | 54/58 | €24,720 | €21,845 | -€2,875 | -11.6% |
| Deferred charges and accrued income | 490/1 | €20,469 | €11,954 | -€8,515 | -41.6% |
| Total equity and liabilities | 10/49 | €417,827 | €378,963 | -€38,864 | -9.3% |
| Equity | 10/15 | €242,432 | €239,822 | -€2,609 | -1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €230,032 | €230,032 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €228,172 | €228,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,609 | -€2,609 | |
| Amounts payable | 17/49 | €175,395 | €139,141 | -€36,254 | -20.7% |
| Amounts payable within one year | 42/48 | €175,395 | €139,136 | -€36,259 | -20.7% |
| Trade debts | 44 | €68,608 | €111,533 | +€42,926 | +62.6% |
| Suppliers | 440/4 | €68,608 | €111,533 | +€42,926 | +62.6% |
| Advances received on contracts in progress | 46 | €82,424 | €0 | -€82,424 | -100% |
| Taxes, remuneration and social security | 45 | €24,364 | €27,603 | +€3,239 | +13.3% |
| Taxes | 450/3 | €4,397 | €0 | -€4,397 | -100% |
| Remuneration and social security | 454/9 | €19,966 | €27,603 | +€7,636 | +38.2% |
| Accrued charges and deferred income | 492/3 | - | €5 | +€5 | |
| Non-recurring operating income | 76A | €0 | €6,929 | +€6,929 | |
| Remuneration, social security and pensions | 62 | €625,658 | €569,324 | -€56,334 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,038 | €3,312 | -€726 | -18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,595 | €0 | +€6,595 | |
| Other operating charges | 640/8 | €2,429 | €3,538 | +€1,108 | +45.6% |
| Non-recurring operating charges | 66A | €248 | €0 | -€248 | -100% |
| Gross operating margin | 9900 | €611,462 | €573,611 | -€37,851 | -6.2% |
| Operating profit (loss) | 9901 | -€14,316 | -€2,563 | +€11,754 | +82.1% |
| Financial income | 75/76B | €27,301 | €12,000 | -€15,301 | -56.0% |
| Recurring financial income | 75 | €9,546 | €10,385 | +€840 | +8.8% |
| Non-recurring financial income | 76B | €17,755 | €1,615 | -€16,140 | -90.9% |
| Financial charges | 65/66B | €8,407 | €10,127 | +€1,719 | +20.5% |
| Recurring financial charges | 65 | €8,407 | €10,127 | +€1,719 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €4,577 | -€689 | -€5,266 | |
| Income taxes | 67/77 | €1,933 | €1,920 | -€12 | -0.6% |
| Profit (loss) for the period | 9904 | €2,644 | -€2,609 | -€5,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,644 | -€2,609 | -€5,254 |
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 22 October 2026 via checked.be.