Bandamed: 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.
Bandamed
Largest movements
- Cash +€230,433
up €230,433 (+525%), from €43,873 to €274,306
mainly Net result for the year (+€283,207) and Depreciation (+€221,080)
- Intangible fixed assets -€158,473
down €158,473 (-20.1%), from €786,613 to €628,141
- Receivables within one year +€52,639
up €52,639 (+61.1%), from €86,093 to €138,732
of which Other amounts receivable: +€54,128
- Debts after one year -€274,510
down €274,510 (-19.7%), from €1.4m to €1.1m
- Profit (loss) carried forward +€227,207
up €227,207 (+102%), from €223,518 to €450,725
- Trade debts +€182,372
up €182,372 (+528%), from €34,535 to €216,907
- Gross operating margin +€28,293
up €28,293 (+3.6%), from €784,316 to €812,609
- Financial charges +€13,731
up €13,731 (+22.6%), from €60,841 to €74,572
- Staff costs +€10,932
up €10,932 (+7.7%), from €141,498 to €152,430
- Depreciation -€8,794
down €8,794 (-3.8%), from €229,873 to €221,080
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 | €2,004,920 | €2,149,873 | +€144,953 | +7.2% |
| Fixed assets | 21/28 | €1,741,405 | €1,592,431 | -€148,973 | -8.6% |
| Intangible fixed assets | 21 | €786,613 | €628,141 | -€158,473 | -20.1% |
| Tangible fixed assets | 22/27 | €954,791 | €964,290 | +€9,499 | +1.0% |
| Land and buildings | 22 | €805,895 | €777,160 | -€28,735 | -3.6% |
| Plant, machinery and equipment | 23 | €89,127 | €64,566 | -€24,562 | -27.6% |
| Furniture and vehicles | 24 | €59,769 | €122,565 | +€62,796 | +105% |
| Current assets | 29/58 | €263,515 | €557,442 | +€293,927 | +112% |
| Stocks and contracts in progress | 3 | €130,484 | €141,740 | +€11,257 | +8.6% |
| Stocks | 30/36 | €130,484 | €141,740 | +€11,257 | +8.6% |
| Amounts receivable within one year | 40/41 | €86,093 | €138,732 | +€52,639 | +61.1% |
| Trade receivables | 40 | €1,610 | €121 | -€1,489 | -92.5% |
| Other amounts receivable | 41 | €84,484 | €138,611 | +€54,128 | +64.1% |
| Cash at bank and in hand | 54/58 | €43,873 | €274,306 | +€230,433 | +525% |
| Deferred charges and accrued income | 490/1 | €3,066 | €2,664 | -€402 | -13.1% |
| Total equity and liabilities | 10/49 | €2,004,920 | €2,149,873 | +€144,953 | +7.2% |
| Equity | 10/15 | €233,518 | €460,725 | +€227,207 | +97.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €223,518 | €450,725 | +€227,207 | +102% |
| Amounts payable | 17/49 | €1,771,402 | €1,689,149 | -€82,253 | -4.6% |
| Amounts payable after more than one year | 17 | €1,395,382 | €1,120,872 | -€274,510 | -19.7% |
| Financial debts | 170/4 | €1,395,382 | €1,120,872 | -€274,510 | -19.7% |
| Amounts payable within one year | 42/48 | €376,021 | €568,277 | +€192,256 | +51.1% |
| Current portion of amounts payable after more than one year | 42 | €168,095 | €174,510 | +€6,415 | +3.8% |
| Trade debts | 44 | €34,535 | €216,907 | +€182,372 | +528% |
| Suppliers | 440/4 | €34,535 | €216,907 | +€182,372 | +528% |
| Taxes, remuneration and social security | 45 | €48,354 | €42,989 | -€5,365 | -11.1% |
| Taxes | 450/3 | €25,941 | €20,215 | -€5,725 | -22.1% |
| Remuneration and social security | 454/9 | €22,413 | €22,773 | +€360 | +1.6% |
| Other amounts payable | 47/48 | €125,037 | €133,871 | +€8,835 | +7.1% |
| Remuneration, social security and pensions | 62 | €141,498 | €152,430 | +€10,932 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229,873 | €221,080 | -€8,794 | -3.8% |
| Other operating charges | 640/8 | €3,784 | €4,290 | +€506 | +13.4% |
| Non-recurring operating charges | 66A | - | €7,474 | +€7,474 | |
| Gross operating margin | 9900 | €784,316 | €812,609 | +€28,293 | +3.6% |
| Operating profit (loss) | 9901 | €409,161 | €427,337 | +€18,175 | +4.4% |
| Financial income | 75/76B | €7,445 | €9,628 | +€2,183 | +29.3% |
| Recurring financial income | 75 | €7,445 | €9,628 | +€2,183 | +29.3% |
| Financial charges | 65/66B | €60,841 | €74,572 | +€13,731 | +22.6% |
| Recurring financial charges | 65 | €60,841 | €74,572 | +€13,731 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €355,765 | €362,393 | +€6,628 | +1.9% |
| Income taxes | 67/77 | €72,776 | €79,187 | +€6,411 | +8.8% |
| Profit (loss) for the period | 9904 | €282,989 | €283,207 | +€218 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €282,989 | €283,207 | +€218 | +0.1% |
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 14 October 2026 via checked.be.