BANJO: 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.
BANJO
Largest movements
- Current investments +€168,244
up €168,244 (+28.8%), from €583,718 to €751,961
- Receivables after one year -€79,823
down €79,823 (-4.0%), from €2.0m to €1.9m
- Receivables within one year +€57,990
new in 2025: €57,990
of which Trade receivables: +€48,721
- Deferred charges and accrued income -€29,949
down €29,949 (-24.6%), from €121,720 to €91,771
- Reserves +€101,316
up €101,316 (+4.0%), from €2.5m to €2.7m
- Debts after one year +€46,375
up €46,375 (+53.7%), from €86,369 to €132,744
of which Other amounts payable: +€46,375
- Financial income -€31,778
down €31,778 (-23.0%), from €137,917 to €106,139
- Financial charges +€18,551
up €18,551 (+230%), from €8,057 to €26,608
- Taxes -€14,064
down €14,064 (-11.5%), from €122,352 to €108,288
- Gross operating margin +€4,402
up €4,402 (+1.6%), from €272,682 to €277,084
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 | €2,757,384 | €2,896,222 | +€138,838 | +5.0% |
| Fixed assets | 21/28 | €15,701 | €15,701 | = | 0.0% |
| Financial fixed assets | 28 | €15,701 | €15,701 | = | 0.0% |
| Current assets | 29/58 | €2,741,683 | €2,880,521 | +€138,838 | +5.1% |
| Amounts receivable after more than one year | 29 | €1,987,405 | €1,907,582 | -€79,823 | -4.0% |
| Other amounts receivable | 291 | €1,987,405 | €1,907,582 | -€79,823 | -4.0% |
| Amounts receivable within one year | 40/41 | - | €57,990 | +€57,990 | |
| Trade receivables | 40 | - | €48,721 | +€48,721 | |
| Other amounts receivable | 41 | - | €9,269 | +€9,269 | |
| Current investments | 50/53 | €583,718 | €751,961 | +€168,244 | +28.8% |
| Cash at bank and in hand | 54/58 | €48,840 | €71,217 | +€22,376 | +45.8% |
| Deferred charges and accrued income | 490/1 | €121,720 | €91,771 | -€29,949 | -24.6% |
| Total equity and liabilities | 10/49 | €2,757,384 | €2,896,222 | +€138,838 | +5.0% |
| Equity | 10/15 | €2,599,562 | €2,700,877 | +€101,316 | +3.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €2,549,562 | €2,650,877 | +€101,316 | +4.0% |
| Distributable reserves | 133 | €2,549,562 | €2,650,877 | +€101,316 | +4.0% |
| Amounts payable | 17/49 | €157,822 | €195,344 | +€37,522 | +23.8% |
| Amounts payable after more than one year | 17 | €86,369 | €132,744 | +€46,375 | +53.7% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Other amounts payable | 178/9 | €11,369 | €57,744 | +€46,375 | +408% |
| Amounts payable within one year | 42/48 | €63,893 | €50,114 | -€13,779 | -21.6% |
| Trade debts | 44 | €1,161 | €831 | -€330 | -28.4% |
| Suppliers | 440/4 | €1,161 | €831 | -€330 | -28.4% |
| Taxes, remuneration and social security | 45 | €58,793 | €45,440 | -€13,352 | -22.7% |
| Taxes | 450/3 | €58,793 | €45,440 | -€13,352 | -22.7% |
| Other amounts payable | 47/48 | €3,939 | €3,843 | -€96 | -2.4% |
| Accrued charges and deferred income | 492/3 | €7,561 | €12,486 | +€4,925 | +65.1% |
| Other operating charges | 640/8 | €3,245 | €3,496 | +€252 | +7.8% |
| Gross operating margin | 9900 | €272,682 | €277,084 | +€4,402 | +1.6% |
| Operating profit (loss) | 9901 | €269,437 | €273,588 | +€4,150 | +1.5% |
| Financial income | 75/76B | €137,917 | €106,139 | -€31,778 | -23.0% |
| Recurring financial income | 75 | €137,917 | €106,139 | -€31,778 | -23.0% |
| Financial charges | 65/66B | €8,057 | €26,608 | +€18,551 | +230% |
| Recurring financial charges | 65 | €8,057 | €26,608 | +€18,551 | +230% |
| Profit (loss) for the period before taxes | 9903 | €399,298 | €353,119 | -€46,179 | -11.6% |
| Income taxes | 67/77 | €122,352 | €108,288 | -€14,064 | -11.5% |
| Profit (loss) for the period | 9904 | €276,946 | €244,831 | -€32,115 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €276,946 | €244,831 | -€32,115 | -11.6% |
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 17 October 2026 via checked.be.