Bandinelli Consulting: 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.
Bandinelli Consulting
Largest movements
- Current investments +€95,622
up €95,622 (+50.3%), from €190,070 to €285,692
- Receivables within one year +€7,118
up €7,118 (+25.2%), from €28,275 to €35,393
- Cash -€4,152
down €4,152 (-20.5%), from €20,234 to €16,082
mainly Current investments (-€95,622) and Receivables within one year (-€7,118)
- Profit (loss) carried forward +€94,739
up €94,739 (+52.6%), from €180,110 to €274,849
- Gross operating margin +€2,909
up €2,909 (+2.5%), from €117,788 to €120,697
- Financial income +€1,763
up €1,763 (+1,763%), from €100 to €1,863
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 | €240,580 | €337,939 | +€97,358 | +40.5% |
| Fixed assets | 21/28 | €1,510 | €280 | -€1,230 | -81.4% |
| Tangible fixed assets | 22/27 | €1,510 | €280 | -€1,230 | -81.4% |
| Plant, machinery and equipment | 23 | €1,510 | €280 | -€1,230 | -81.4% |
| Current assets | 29/58 | €239,070 | €337,658 | +€98,588 | +41.2% |
| Amounts receivable within one year | 40/41 | €28,275 | €35,393 | +€7,118 | +25.2% |
| Trade receivables | 40 | €28,275 | €35,393 | +€7,118 | +25.2% |
| Current investments | 50/53 | €190,070 | €285,692 | +€95,622 | +50.3% |
| Cash at bank and in hand | 54/58 | €20,234 | €16,082 | -€4,152 | -20.5% |
| Deferred charges and accrued income | 490/1 | €492 | €492 | = | 0.0% |
| Total equity and liabilities | 10/49 | €240,580 | €337,939 | +€97,358 | +40.5% |
| Equity | 10/15 | €182,510 | €277,249 | +€94,739 | +51.9% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,110 | €274,849 | +€94,739 | +52.6% |
| Amounts payable | 17/49 | €58,070 | €60,690 | +€2,620 | +4.5% |
| Amounts payable within one year | 42/48 | €58,070 | €60,690 | +€2,620 | +4.5% |
| Trade debts | 44 | €650 | €166 | -€485 | -74.6% |
| Suppliers | 440/4 | €650 | €166 | -€485 | -74.6% |
| Taxes, remuneration and social security | 45 | €57,420 | €60,524 | +€3,105 | +5.4% |
| Taxes | 450/3 | €57,420 | €60,524 | +€3,105 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,172 | €1,230 | +€57 | +4.9% |
| Other operating charges | 640/8 | - | €44 | +€44 | |
| Gross operating margin | 9900 | €117,788 | €120,697 | +€2,909 | +2.5% |
| Operating profit (loss) | 9901 | €116,615 | €119,423 | +€2,808 | +2.4% |
| Financial income | 75/76B | €100 | €1,863 | +€1,763 | +1,763% |
| Recurring financial income | 75 | €100 | €1,863 | +€1,763 | +1,763% |
| Financial charges | 65/66B | €8 | €122 | +€113 | +1,376% |
| Recurring financial charges | 65 | €8 | €122 | +€113 | +1,376% |
| Profit (loss) for the period before taxes | 9903 | €116,707 | €121,165 | +€4,458 | +3.8% |
| Income taxes | 67/77 | €25,989 | €26,426 | +€437 | +1.7% |
| Profit (loss) for the period | 9904 | €90,718 | €94,739 | +€4,021 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €90,718 | €94,739 | +€4,021 | +4.4% |
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 27 October 2026 via checked.be.