BANNERET: 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.
BANNERET
Largest movements
- Cash +€255,080
up €255,080 (+318%), from €80,301 to €335,381
mainly Net result for the year (+€310,758) and Other debts (+€290,015)
- Current investments +€250,000
up €250,000 (+167%), from €150,000 to €400,000
- Tangible fixed assets +€32,351
up €32,351 (+7.1%), from €456,023 to €488,374
of which Furniture and vehicles: +€42,508
- Other debts +€290,015
up €290,015 (+85,386%), from €340 to €290,355
- Trade debts +€289,127
up €289,127 (+5,760%), from €5,020 to €294,147
- Provisions -€101,850
no longer reported in 2025 (was €101,850)
- Tax, wage and social debts +€36,114
up €36,114 (+1,709%), from €2,113 to €38,227
- Reserves +€20,776
up €20,776 (+3.5%), from €600,015 to €620,790
- Gross operating margin +€311,404
up €311,404 (+187%), from €166,104 to €477,508
- Taxes +€111,115
up €111,115 (+363%), from €30,575 to €141,690
- Depreciation -€31,523
down €31,523 (-51.5%), from €61,261 to €29,737
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 | €718,167 | €1,244,699 | +€526,532 | +73.3% |
| Fixed assets | 21/28 | €456,023 | €488,374 | +€32,351 | +7.1% |
| Tangible fixed assets | 22/27 | €456,023 | €488,374 | +€32,351 | +7.1% |
| Land and buildings | 22 | €403,037 | €399,082 | -€3,955 | -1.0% |
| Plant, machinery and equipment | 23 | €38,105 | €31,903 | -€6,202 | -16.3% |
| Furniture and vehicles | 24 | €14,880 | €57,388 | +€42,508 | +286% |
| Current assets | 29/58 | €262,145 | €756,325 | +€494,180 | +189% |
| Amounts receivable within one year | 40/41 | €31,844 | €20,792 | -€11,052 | -34.7% |
| Trade receivables | 40 | €31,097 | €20,792 | -€10,306 | -33.1% |
| Other amounts receivable | 41 | €746 | - | -€746 | |
| Current investments | 50/53 | €150,000 | €400,000 | +€250,000 | +167% |
| Cash at bank and in hand | 54/58 | €80,301 | €335,381 | +€255,080 | +318% |
| Deferred charges and accrued income | 490/1 | - | €152 | +€152 | |
| Total equity and liabilities | 10/49 | €718,167 | €1,244,699 | +€526,532 | +73.3% |
| Equity | 10/15 | €606,215 | €620,790 | +€14,576 | +2.4% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €600,015 | €620,790 | +€20,776 | +3.5% |
| Distributable reserves | 133 | €600,015 | €620,790 | +€20,776 | +3.5% |
| Provisions and deferred taxes | 16 | €101,850 | - | -€101,850 | |
| Provisions for liabilities and charges | 160/5 | €101,850 | - | -€101,850 | |
| Other liabilities and charges | 164/5 | €101,850 | - | -€101,850 | |
| Amounts payable | 17/49 | €10,103 | €623,909 | +€613,806 | +6,076% |
| Amounts payable within one year | 42/48 | €7,473 | €622,729 | +€615,256 | +8,233% |
| Trade debts | 44 | €5,020 | €294,147 | +€289,127 | +5,760% |
| Suppliers | 440/4 | €5,020 | €294,147 | +€289,127 | +5,760% |
| Taxes, remuneration and social security | 45 | €2,113 | €38,227 | +€36,114 | +1,709% |
| Taxes | 450/3 | €2,113 | €38,227 | +€36,114 | +1,709% |
| Other amounts payable | 47/48 | €340 | €290,355 | +€290,015 | +85,386% |
| Accrued charges and deferred income | 492/3 | €2,630 | €1,180 | -€1,450 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,261 | €29,737 | -€31,523 | -51.5% |
| Other operating charges | 640/8 | €1 | €522 | +€521 | +56,590% |
| Gross operating margin | 9900 | €166,104 | €477,508 | +€311,404 | +187% |
| Operating profit (loss) | 9901 | €104,843 | €447,250 | +€342,407 | +327% |
| Financial income | 75/76B | €4,999 | €5,840 | +€841 | +16.8% |
| Recurring financial income | 75 | €4,999 | €5,840 | +€841 | +16.8% |
| Financial charges | 65/66B | €187 | €641 | +€454 | +242% |
| Recurring financial charges | 65 | €187 | €641 | +€454 | +242% |
| Profit (loss) for the period before taxes | 9903 | €109,654 | €452,448 | +€342,794 | +313% |
| Income taxes | 67/77 | €30,575 | €141,690 | +€111,115 | +363% |
| Profit (loss) for the period | 9904 | €79,079 | €310,758 | +€231,679 | +293% |
| Profit (loss) for the period to be appropriated | 9905 | €79,079 | €310,758 | +€231,679 | +293% |
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 26 October 2026 via checked.be.