BANGANI: 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.
BANGANI
Largest movements
- Cash -€62,380
down €62,380 (-81.9%), from €76,146 to €13,766
mainly Net result for the year (-€70,945) and Trade debts (-€27,189)
- Stocks and contracts -€20,447
no longer reported in 2025 (was €20,447)
- Receivables within one year -€11,084
down €11,084 (-57.1%), from €19,422 to €8,338
of which Trade receivables: -€13,312
- Deferred charges and accrued income -€8,084
down €8,084 (-90.6%), from €8,925 to €840
- Tangible fixed assets +€2,732
up €2,732 (+9.6%), from €28,583 to €31,315
of which Furniture and vehicles: +€23,500
- Reserves -€70,945
down €70,945 (-69.9%), from €101,510 to €30,565
- Trade debts -€27,189
down €27,189 (-86.4%), from €31,452 to €4,262
- Other debts +€14,724
up €14,724 (+648%), from €2,273 to €16,996
- Tax, wage and social debts -€6,723
down €6,723 (-94.2%), from €7,138 to €415
of which Remuneration and social security: -€6,043
- Short-term financial debts -€3,409
no longer reported in 2025 (was €3,409)
- Gross operating margin -€142,930
down €142,930, from €93,459 to -€49,471
- Staff costs -€36,060
down €36,060 (-96.4%), from €37,404 to €1,343
- Taxes -€10,381
no longer reported in 2025 (was €10,381)
- Depreciation -€2,739
down €2,739 (-22.8%), from €12,019 to €9,280
- Financial income +€1,533
up €1,533 (+1,552%), from €99 to €1,632
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 | €153,523 | €54,259 | -€99,264 | -64.7% |
| Fixed assets | 21/28 | €28,583 | €31,315 | +€2,732 | +9.6% |
| Tangible fixed assets | 22/27 | €28,583 | €31,315 | +€2,732 | +9.6% |
| Plant, machinery and equipment | 23 | €709 | €976 | +€267 | +37.7% |
| Furniture and vehicles | 24 | €6,839 | €30,339 | +€23,500 | +344% |
| Leasing and similar rights | 25 | €2,373 | - | -€2,373 | |
| Other tangible fixed assets | 26 | €18,661 | - | -€18,661 | |
| Current assets | 29/58 | €124,940 | €22,945 | -€101,996 | -81.6% |
| Stocks and contracts in progress | 3 | €20,447 | - | -€20,447 | |
| Stocks | 30/36 | €20,447 | - | -€20,447 | |
| Amounts receivable within one year | 40/41 | €19,422 | €8,338 | -€11,084 | -57.1% |
| Trade receivables | 40 | €15,576 | €2,264 | -€13,312 | -85.5% |
| Other amounts receivable | 41 | €3,846 | €6,074 | +€2,228 | +57.9% |
| Cash at bank and in hand | 54/58 | €76,146 | €13,766 | -€62,380 | -81.9% |
| Deferred charges and accrued income | 490/1 | €8,925 | €840 | -€8,084 | -90.6% |
| Total equity and liabilities | 10/49 | €153,523 | €54,259 | -€99,264 | -64.7% |
| Equity | 10/15 | €103,510 | €32,565 | -€70,945 | -68.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €101,510 | €30,565 | -€70,945 | -69.9% |
| Distributable reserves | 133 | €101,510 | €30,565 | -€70,945 | -69.9% |
| Amounts payable | 17/49 | €50,013 | €21,694 | -€28,318 | -56.6% |
| Amounts payable after more than one year | 17 | €3,129 | - | -€3,129 | |
| Financial debts | 170/4 | €3,129 | - | -€3,129 | |
| Amounts payable within one year | 42/48 | €46,884 | €21,674 | -€25,211 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | €2,613 | - | -€2,613 | |
| Financial debts | 43 | €3,409 | - | -€3,409 | |
| Credit institutions | 430/8 | €3,409 | - | -€3,409 | |
| Trade debts | 44 | €31,452 | €4,262 | -€27,189 | -86.4% |
| Suppliers | 440/4 | €31,452 | €4,262 | -€27,189 | -86.4% |
| Taxes, remuneration and social security | 45 | €7,138 | €415 | -€6,723 | -94.2% |
| Taxes | 450/3 | €1,094 | €415 | -€679 | -62.1% |
| Remuneration and social security | 454/9 | €6,043 | - | -€6,043 | |
| Other amounts payable | 47/48 | €2,273 | €16,996 | +€14,724 | +648% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Remuneration, social security and pensions | 62 | €37,404 | €1,343 | -€36,060 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,019 | €9,280 | -€2,739 | -22.8% |
| Other operating charges | 640/8 | €1,517 | €1,131 | -€386 | -25.5% |
| Non-recurring operating charges | 66A | - | €10,299 | +€10,299 | |
| Gross operating margin | 9900 | €93,459 | -€49,471 | -€142,930 | |
| Operating profit (loss) | 9901 | €42,520 | -€71,525 | -€114,044 | |
| Financial income | 75/76B | €99 | €1,632 | +€1,533 | +1,552% |
| Recurring financial income | 75 | €99 | €1,632 | +€1,533 | +1,552% |
| Financial charges | 65/66B | €1,363 | €1,053 | -€310 | -22.7% |
| Recurring financial charges | 65 | €1,363 | €1,053 | -€310 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €41,256 | -€70,945 | -€112,202 | |
| Income taxes | 67/77 | €10,381 | - | -€10,381 | |
| Profit (loss) for the period | 9904 | €30,875 | -€70,945 | -€101,820 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,875 | -€70,945 | -€101,820 |
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 30 October 2026 via checked.be.