BANNER: what changed
Two fiscal 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.
BANNER
Largest movements
- Receivables within one year +€25,396
up €25,396 (+73.8%), from €34,393 to €59,789
of which Other amounts receivable: +€20,910
- Cash -€13,626
down €13,626 (-20.2%), from €67,359 to €53,733
mainly Receivables within one year (-€25,396) and Contributions, distributions and other (-€14,412)
- Stocks and contracts -€2,381
down €2,381 (-60.5%), from €3,938 to €1,557
- Reserves +€7,323
up €7,323 (+5.6%), from €130,390 to €137,713
of which Distributable reserves: +€7,323
- Trade debts +€2,193
up €2,193 (+891.5%), from €246 to €2,439
- Gross operating margin +€7,152
up €7,152 (+35.1%), from €20,392 to €27,544
- Depreciation -€4,119
down €4,119 (-91.6%), from €4,499 to €380
- Taxes +€3,801
up €3,801 (+53.3%), from €7,126 to €10,927
- Financial income +€334
up €334 (+6.2%), from €5,390 to €5,724
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 | €167,494 | €175,616 | +€8,122 | +4.8% |
| Formation expenses | 20 | €690 | €460 | -€230 | -33.3% |
| Fixed assets | 21/28 | €457 | €77 | -€380 | -83.2% |
| Tangible fixed assets | 22/27 | €457 | €77 | -€380 | -83.2% |
| Plant, machinery and equipment | 23 | €457 | €77 | -€380 | -83.2% |
| Current assets | 29/58 | €166,347 | €175,079 | +€8,732 | +5.2% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €3,938 | €1,557 | -€2,381 | -60.5% |
| Stocks | 30/36 | €3,938 | €1,557 | -€2,381 | -60.5% |
| Amounts receivable within one year | 40/41 | €34,393 | €59,789 | +€25,396 | +73.8% |
| Trade receivables | 40 | €3,712 | €8,198 | +€4,486 | +120.9% |
| Other amounts receivable | 41 | €30,681 | €51,591 | +€20,910 | +68.2% |
| Cash at bank and in hand | 54/58 | €67,359 | €53,733 | -€13,626 | -20.2% |
| Deferred charges and accrued income | 490/1 | €657 | - | -€657 | |
| Total equity and liabilities | 10/49 | €167,494 | €175,616 | +€8,122 | +4.8% |
| Equity | 10/15 | €157,461 | €164,784 | +€7,323 | +4.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €130,390 | €137,713 | +€7,323 | +5.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €128,531 | €135,854 | +€7,323 | +5.7% |
| Profit (loss) carried forward | 14 | €8,479 | €8,479 | = | 0.0% |
| Amounts payable | 17/49 | €10,033 | €10,832 | +€799 | +8.0% |
| Amounts payable within one year | 42/48 | €10,033 | €10,832 | +€799 | +8.0% |
| Trade debts | 44 | €246 | €2,439 | +€2,193 | +891.5% |
| Suppliers | 440/4 | €246 | €2,439 | +€2,193 | +891.5% |
| Taxes, remuneration and social security | 45 | €9,787 | €8,393 | -€1,394 | -14.2% |
| Taxes | 450/3 | €9,787 | €8,393 | -€1,394 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,499 | €380 | -€4,119 | -91.6% |
| Other operating charges | 640/8 | €394 | €173 | -€221 | -56.1% |
| Gross operating margin | 9900 | €20,392 | €27,544 | +€7,152 | +35.1% |
| Operating profit (loss) | 9901 | €15,499 | €26,991 | +€11,492 | +74.1% |
| Financial income | 75/76B | €5,390 | €5,724 | +€334 | +6.2% |
| Recurring financial income | 75 | €5,390 | €5,724 | +€334 | +6.2% |
| Financial charges | 65/66B | €44 | €53 | +€9 | +20.5% |
| Recurring financial charges | 65 | €44 | €53 | +€9 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €20,845 | €32,662 | +€11,817 | +56.7% |
| Income taxes | 67/77 | €7,126 | €10,927 | +€3,801 | +53.3% |
| Profit (loss) for the period | 9904 | €13,719 | €21,735 | +€8,016 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,719 | €21,735 | +€8,016 | +58.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.