Bandoco: 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.
Bandoco
Largest movements
- Cash +€7,356
up €7,356 (+76.6%), from €9,609 to €16,965
mainly Net result for the year (+€11,941) and Short-term financial debts (+€10,170)
- Receivables within one year +€5,336
up €5,336 (+29.5%), from €18,068 to €23,404
of which Other amounts receivable: +€5,573
- Tangible fixed assets +€3,243
up €3,243 (+72.0%), from €4,502 to €7,745
- Other debts -€18,674
down €18,674 (-84.5%), from €22,098 to €3,424
- Short-term financial debts +€10,170
new in 2025: €10,170
- Profit (loss) carried forward +€10,049
no longer reported in 2025 (was -€10,049)
- Tax, wage and social debts +€6,858
up €6,858 (+69.7%), from €9,833 to €16,690
of which Remuneration and social security: +€5,831
- Trade debts +€5,251
up €5,251 (+107%), from €4,917 to €10,168
- Gross operating margin +€40,032
up €40,032 (+401%), from €9,982 to €50,014
- Staff costs +€21,680
new in 2025: €21,680
- Other operating charges +€6,963
up €6,963 (+391%), from €1,780 to €8,743
- Taxes +€3,780
up €3,780 (+586%), from €645 to €4,425
- Depreciation -€508
down €508 (-15.6%), from €3,254 to €2,746
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 | €32,998 | €48,544 | +€15,545 | +47.1% |
| Fixed assets | 21/28 | €5,322 | €8,175 | +€2,853 | +53.6% |
| Intangible fixed assets | 21 | €820 | €430 | -€390 | -47.6% |
| Tangible fixed assets | 22/27 | €4,502 | €7,745 | +€3,243 | +72.0% |
| Furniture and vehicles | 24 | €4,502 | €7,745 | +€3,243 | +72.0% |
| Current assets | 29/58 | €27,677 | €40,369 | +€12,692 | +45.9% |
| Amounts receivable within one year | 40/41 | €18,068 | €23,404 | +€5,336 | +29.5% |
| Trade receivables | 40 | €18,066 | €17,828 | -€238 | -1.3% |
| Other amounts receivable | 41 | €2 | €5,575 | +€5,573 | +281,484% |
| Cash at bank and in hand | 54/58 | €9,609 | €16,965 | +€7,356 | +76.6% |
| Total equity and liabilities | 10/49 | €32,998 | €48,544 | +€15,545 | +47.1% |
| Equity | 10/15 | -€3,849 | €8,092 | +€11,941 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €1,892 | +€1,892 | |
| Distributable reserves | 133 | - | €1,892 | +€1,892 | |
| Profit (loss) carried forward | 14 | -€10,049 | - | +€10,049 | |
| Amounts payable | 17/49 | €36,847 | €40,451 | +€3,604 | +9.8% |
| Amounts payable within one year | 42/48 | €36,847 | €40,451 | +€3,604 | +9.8% |
| Financial debts | 43 | - | €10,170 | +€10,170 | |
| Other loans | 439 | - | €10,170 | +€10,170 | |
| Trade debts | 44 | €4,917 | €10,168 | +€5,251 | +107% |
| Suppliers | 440/4 | €4,917 | €10,168 | +€5,251 | +107% |
| Taxes, remuneration and social security | 45 | €9,833 | €16,690 | +€6,858 | +69.7% |
| Taxes | 450/3 | €9,833 | €10,859 | +€1,026 | +10.4% |
| Remuneration and social security | 454/9 | - | €5,831 | +€5,831 | |
| Other amounts payable | 47/48 | €22,098 | €3,424 | -€18,674 | -84.5% |
| Remuneration, social security and pensions | 62 | - | €21,680 | +€21,680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,254 | €2,746 | -€508 | -15.6% |
| Other operating charges | 640/8 | €1,780 | €8,743 | +€6,963 | +391% |
| Gross operating margin | 9900 | €9,982 | €50,014 | +€40,032 | +401% |
| Operating profit (loss) | 9901 | €4,947 | €16,845 | +€11,898 | +240% |
| Financial charges | 65/66B | €201 | €479 | +€278 | +139% |
| Recurring financial charges | 65 | €201 | €479 | +€278 | +139% |
| Profit (loss) for the period before taxes | 9903 | €4,746 | €16,366 | +€11,619 | +245% |
| Income taxes | 67/77 | €645 | €4,425 | +€3,780 | +586% |
| Profit (loss) for the period | 9904 | €4,102 | €11,941 | +€7,840 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €4,102 | €11,941 | +€7,840 | +191% |
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 20 October 2026 via checked.be.