BANNAN: 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.
BANNAN
Largest movements
- Stocks and contracts -€9,173
down €9,173 (-19.3%), from €47,514 to €38,341
- Cash -€1,952
down €1,952 (-58.2%), from €3,354 to €1,402
mainly Tax, wage and social debts (-€4,246) and Other debts (-€2,853)
- Receivables within one year +€571
up €571 (+34.1%), from €1,674 to €2,245
of which Other amounts receivable: +€1,500
- Tax, wage and social debts -€4,246
down €4,246 (-96.1%), from €4,419 to €173
- Other debts -€2,853
down €2,853 (-16.4%), from €17,372 to €14,519
- Profit (loss) carried forward -€2,755
down €2,755 (-500.5%), from -€551 to -€3,306
- Trade debts -€905
down €905 (-46.2%), from €1,958 to €1,053
- Gross operating margin +€9,953
up €9,953 (+89.0%), from -€11,179 to -€1,226
- Financial charges +€369
up €369 (+216.6%), from €170 to €539
- Other operating charges +€261
up €261 (+49.5%), from €528 to €789
- Depreciation -€142
down €142 (-41.0%), from €346 to €204
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.
Cash bridge derived
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 | €52,798 | €42,039 | -€10,759 | -20.4% |
| Formation expenses | 20 | €154 | €51 | -€103 | -66.7% |
| Fixed assets | 21/28 | €101 | - | -€101 | |
| Tangible fixed assets | 22/27 | €101 | - | -€101 | |
| Plant, machinery and equipment | 23 | €101 | - | -€101 | |
| Current assets | 29/58 | €52,543 | €41,988 | -€10,555 | -20.1% |
| Stocks and contracts in progress | 3 | €47,514 | €38,341 | -€9,173 | -19.3% |
| Stocks | 30/36 | €47,514 | €38,341 | -€9,173 | -19.3% |
| Amounts receivable within one year | 40/41 | €1,674 | €2,245 | +€571 | +34.1% |
| Trade receivables | 40 | €1,674 | €745 | -€929 | -55.5% |
| Other amounts receivable | 41 | - | €1,500 | +€1,500 | |
| Cash at bank and in hand | 54/58 | €3,354 | €1,402 | -€1,952 | -58.2% |
| Total equity and liabilities | 10/49 | €52,798 | €42,039 | -€10,759 | -20.4% |
| Equity | 10/15 | €24,049 | €21,294 | -€2,755 | -11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€551 | -€3,306 | -€2,755 | -500.5% |
| Amounts payable | 17/49 | €28,749 | €20,745 | -€8,004 | -27.8% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,749 | €15,745 | -€8,004 | -33.7% |
| Trade debts | 44 | €1,958 | €1,053 | -€905 | -46.2% |
| Suppliers | 440/4 | €1,958 | €1,053 | -€905 | -46.2% |
| Taxes, remuneration and social security | 45 | €4,419 | €173 | -€4,246 | -96.1% |
| Taxes | 450/3 | €4,419 | €173 | -€4,246 | -96.1% |
| Other amounts payable | 47/48 | €17,372 | €14,519 | -€2,853 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €346 | €204 | -€142 | -41.0% |
| Other operating charges | 640/8 | €528 | €789 | +€261 | +49.5% |
| Gross operating margin | 9900 | -€11,179 | -€1,226 | +€9,953 | +89.0% |
| Operating profit (loss) | 9901 | -€12,054 | -€2,219 | +€9,834 | +81.6% |
| Financial income | 75/76B | €35 | €3 | -€31 | -90.2% |
| Recurring financial income | 75 | €35 | €3 | -€31 | -90.2% |
| Financial charges | 65/66B | €170 | €539 | +€369 | +216.6% |
| Recurring financial charges | 65 | €170 | €539 | +€369 | +216.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,189 | -€2,755 | +€9,434 | +77.4% |
| Profit (loss) for the period | 9904 | -€12,189 | -€2,755 | +€9,434 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,189 | -€2,755 | +€9,434 | +77.4% |
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 9 October 2026 via checked.be.