BANDAPART: 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.
BANDAPART
Largest movements
- Receivables within one year +€38,849
up €38,849 (+110%), from €35,283 to €74,132
of which Other amounts receivable: +€42,779
- Cash -€31,515
down €31,515 (-24.3%), from €129,771 to €98,256
mainly Receivables within one year (-€38,849) and Tax, wage and social debts (-€14,166)
- Reserves +€21,280
up €21,280 (+31.3%), from €67,900 to €89,180
- Tax, wage and social debts -€14,166
down €14,166 (-47.1%), from €30,093 to €15,927
of which Taxes: -€12,066
- Gross operating margin -€54,215
down €54,215 (-63.7%), from €85,151 to €30,936
- Taxes -€8,651
down €8,651 (-50.6%), from €17,082 to €8,431
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 | €166,550 | €173,762 | +€7,212 | +4.3% |
| Fixed assets | 21/28 | €1,496 | €1,250 | -€246 | -16.4% |
| Tangible fixed assets | 22/27 | €1,496 | €1,250 | -€246 | -16.4% |
| Furniture and vehicles | 24 | €1,496 | €1,250 | -€246 | -16.4% |
| Current assets | 29/58 | €165,054 | €172,512 | +€7,458 | +4.5% |
| Amounts receivable within one year | 40/41 | €35,283 | €74,132 | +€38,849 | +110% |
| Trade receivables | 40 | €9,170 | €5,240 | -€3,930 | -42.9% |
| Other amounts receivable | 41 | €26,113 | €68,892 | +€42,779 | +164% |
| Cash at bank and in hand | 54/58 | €129,771 | €98,256 | -€31,515 | -24.3% |
| Deferred charges and accrued income | 490/1 | - | €124 | +€124 | |
| Total equity and liabilities | 10/49 | €166,550 | €173,762 | +€7,212 | +4.3% |
| Equity | 10/15 | €136,022 | €157,308 | +€21,286 | +15.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €67,900 | €89,180 | +€21,280 | +31.3% |
| Distributable reserves | 133 | €67,900 | €89,180 | +€21,280 | +31.3% |
| Profit (loss) carried forward | 14 | €67,122 | €67,128 | +€6 | 0.0% |
| Amounts payable | 17/49 | €30,528 | €16,454 | -€14,074 | -46.1% |
| Amounts payable within one year | 42/48 | €30,304 | €16,454 | -€13,850 | -45.7% |
| Trade debts | 44 | €211 | €527 | +€316 | +150% |
| Suppliers | 440/4 | €211 | €527 | +€316 | +150% |
| Taxes, remuneration and social security | 45 | €30,093 | €15,927 | -€14,166 | -47.1% |
| Taxes | 450/3 | €27,993 | €15,927 | -€12,066 | -43.1% |
| Remuneration and social security | 454/9 | €2,100 | - | -€2,100 | |
| Accrued charges and deferred income | 492/3 | €224 | - | -€224 | |
| Non-recurring operating income | 76A | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €902 | €1,081 | +€179 | +19.8% |
| Gross operating margin | 9900 | €85,151 | €30,936 | -€54,215 | -63.7% |
| Operating profit (loss) | 9901 | €84,249 | €29,855 | -€54,394 | -64.6% |
| Financial charges | 65/66B | €54 | €138 | +€84 | +156% |
| Recurring financial charges | 65 | €54 | €138 | +€84 | +156% |
| Profit (loss) for the period before taxes | 9903 | €84,195 | €29,717 | -€54,478 | -64.7% |
| Income taxes | 67/77 | €17,082 | €8,431 | -€8,651 | -50.6% |
| Profit (loss) for the period | 9904 | €67,113 | €21,286 | -€45,827 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,113 | €21,286 | -€45,827 | -68.3% |
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 23 October 2026 via checked.be.