BANICA: 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.
BANICA
Largest movements
- Receivables within one year +€142,710
up €142,710 (+33.2%), from €430,175 to €572,885
of which Trade receivables: +€127,625
- Stocks and contracts +€46,079
up €46,079 (+139%), from €33,226 to €79,306
of which Contracts in progress: +€33,774
- Tangible fixed assets -€37,321
down €37,321 (-20.2%), from €185,050 to €147,729
- Other debts +€130,650
up €130,650 (+107%), from €121,725 to €252,375
- Tax, wage and social debts +€41,443
up €41,443 (+115%), from €35,936 to €77,379
of which Remuneration and social security: +€38,735
- Current portion of long-term debt -€29,705
down €29,705 (-68.4%), from €43,402 to €13,697
- Profit (loss) carried forward +€29,135
up €29,135 (+58.3%), from €49,995 to €79,130
- Trade debts -€23,174
down €23,174 (-19.1%), from €121,554 to €98,380
- Taxes -€60,971
down €60,971 (-100%), from €60,971 to €0
- Gross operating margin +€50,602
up €50,602 (+54.4%), from €92,980 to €143,582
- Staff costs -€16,711
down €16,711 (-19.2%), from €87,130 to €70,420
- Financial charges -€7,041
down €7,041 (-66.0%), from €10,672 to €3,631
- Other operating charges -€6,330
down €6,330 (-63.1%), from €10,024 to €3,695
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 | €673,234 | €821,582 | +€148,348 | +22.0% |
| Fixed assets | 21/28 | €185,050 | €147,729 | -€37,321 | -20.2% |
| Tangible fixed assets | 22/27 | €185,050 | €147,729 | -€37,321 | -20.2% |
| Land and buildings | 22 | €156,707 | €141,703 | -€15,004 | -9.6% |
| Plant, machinery and equipment | 23 | €6,804 | €2,191 | -€4,613 | -67.8% |
| Furniture and vehicles | 24 | €21,539 | €3,835 | -€17,704 | -82.2% |
| Current assets | 29/58 | €488,184 | €673,853 | +€185,669 | +38.0% |
| Stocks and contracts in progress | 3 | €33,226 | €79,306 | +€46,079 | +139% |
| Stocks | 30/36 | - | €12,306 | +€12,306 | |
| Contracts in progress | 37 | €33,226 | €67,000 | +€33,774 | +102% |
| Amounts receivable within one year | 40/41 | €430,175 | €572,885 | +€142,710 | +33.2% |
| Trade receivables | 40 | €365,571 | €493,196 | +€127,625 | +34.9% |
| Other amounts receivable | 41 | €64,604 | €79,689 | +€15,085 | +23.3% |
| Cash at bank and in hand | 54/58 | €24,783 | €21,662 | -€3,120 | -12.6% |
| Total equity and liabilities | 10/49 | €673,234 | €821,582 | +€148,348 | +22.0% |
| Equity | 10/15 | €89,386 | €118,521 | +€29,135 | +32.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,191 | €33,191 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,331 | €31,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,995 | €79,130 | +€29,135 | +58.3% |
| Amounts payable | 17/49 | €583,848 | €703,061 | +€119,213 | +20.4% |
| Amounts payable after more than one year | 17 | €53,232 | €53,232 | = | 0.0% |
| Financial debts | 170/4 | €53,232 | €53,232 | = | 0.0% |
| Amounts payable within one year | 42/48 | €530,616 | €649,829 | +€119,213 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €43,402 | €13,697 | -€29,705 | -68.4% |
| Trade debts | 44 | €121,554 | €98,380 | -€23,174 | -19.1% |
| Suppliers | 440/4 | €121,554 | €98,380 | -€23,174 | -19.1% |
| Advances received on contracts in progress | 46 | €207,998 | €207,998 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €35,936 | €77,379 | +€41,443 | +115% |
| Taxes | 450/3 | €28,471 | €31,178 | +€2,708 | +9.5% |
| Remuneration and social security | 454/9 | €7,466 | €46,201 | +€38,735 | +519% |
| Other amounts payable | 47/48 | €121,725 | €252,375 | +€130,650 | +107% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €87,130 | €70,420 | -€16,711 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,872 | €37,321 | -€3,551 | -8.7% |
| Other operating charges | 640/8 | €10,024 | €3,695 | -€6,330 | -63.1% |
| Gross operating margin | 9900 | €92,980 | €143,582 | +€50,602 | +54.4% |
| Operating profit (loss) | 9901 | -€45,046 | €32,147 | +€77,193 | |
| Financial income | 75/76B | €199 | €619 | +€421 | +212% |
| Recurring financial income | 75 | €199 | €619 | +€421 | +212% |
| Financial charges | 65/66B | €10,672 | €3,631 | -€7,041 | -66.0% |
| Recurring financial charges | 65 | €10,672 | €3,631 | -€7,041 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | -€55,519 | €29,135 | +€84,654 | |
| Income taxes | 67/77 | €60,971 | €0 | -€60,971 | -100% |
| Profit (loss) for the period | 9904 | -€116,490 | €29,135 | +€145,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€116,490 | €29,135 | +€145,625 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.