Bannister: 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.
Bannister
Largest movements
- Receivables within one year -€150,287
down €150,287 (-12.5%), from €1.2m to €1.1m
of which Trade receivables: -€172,864
- Tangible fixed assets -€116,576
down €116,576 (-5.0%), from €2.3m to €2.2m
of which Land and buildings: -€60,505
- Cash +€74,422
up €74,422 (+87.3%), from €85,267 to €159,689
mainly Receivables within one year (+€150,287) and Trade debts (+€138,854)
- Other debts -€234,755
down €234,755 (-94.5%), from €248,530 to €13,775
- Debts after one year -€141,649
down €141,649 (-7.6%), from €1.9m to €1.7m
- Trade debts +€138,854
up €138,854 (+28.4%), from €488,956 to €627,811
- Reserves +€130,202
up €130,202 (+22.6%), from €575,264 to €705,465
of which Distributable reserves: +€130,202
- Short-term financial debts -€83,837
down €83,837 (-26.9%), from €311,500 to €227,663
of which Credit institutions: -€127,605
- Taxes +€55,549
up €55,549 (+741.5%), from €7,492 to €63,040
- Write-downs +€46,706
up €46,706 (+91.6%), from €51,005 to €97,711
- Staff costs +€23,487
up €23,487 (+6.9%), from €342,256 to €365,743
- Gross operating margin +€18,615
up €18,615 (+2.2%), from €837,996 to €856,611
- Depreciation -€14,145
down €14,145 (-10.0%), from €141,334 to €127,189
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 | €3,749,219 | €3,534,030 | -€215,189 | -5.7% |
| Fixed assets | 21/28 | €2,392,931 | €2,267,176 | -€125,755 | -5.3% |
| Intangible fixed assets | 21 | €44,964 | €34,351 | -€10,613 | -23.6% |
| Tangible fixed assets | 22/27 | €2,346,717 | €2,230,141 | -€116,576 | -5.0% |
| Land and buildings | 22 | €1,340,262 | €1,279,757 | -€60,505 | -4.5% |
| Plant, machinery and equipment | 23 | €9,696 | €7,272 | -€2,424 | -25.0% |
| Furniture and vehicles | 24 | €18,111 | €7,820 | -€10,291 | -56.8% |
| Other tangible fixed assets | 26 | €978,649 | €935,293 | -€43,356 | -4.4% |
| Financial fixed assets | 28 | €1,250 | €2,684 | +€1,434 | +114.7% |
| Current assets | 29/58 | €1,356,287 | €1,266,853 | -€89,434 | -6.6% |
| Amounts receivable within one year | 40/41 | €1,206,670 | €1,056,383 | -€150,287 | -12.5% |
| Trade receivables | 40 | €1,079,735 | €906,871 | -€172,864 | -16.0% |
| Other amounts receivable | 41 | €126,935 | €149,512 | +€22,577 | +17.8% |
| Cash at bank and in hand | 54/58 | €85,267 | €159,689 | +€74,422 | +87.3% |
| Deferred charges and accrued income | 490/1 | €64,350 | €50,781 | -€13,569 | -21.1% |
| Total equity and liabilities | 10/49 | €3,749,219 | €3,534,030 | -€215,189 | -5.7% |
| Equity | 10/15 | €593,864 | €724,065 | +€130,202 | +21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €575,264 | €705,465 | +€130,202 | +22.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €573,404 | €703,605 | +€130,202 | +22.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,155,355 | €2,809,964 | -€345,391 | -10.9% |
| Amounts payable after more than one year | 17 | €1,863,105 | €1,721,456 | -€141,649 | -7.6% |
| Financial debts | 170/4 | €1,863,105 | €1,721,456 | -€141,649 | -7.6% |
| Amounts payable within one year | 42/48 | €1,275,203 | €1,088,508 | -€186,695 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €163,061 | €166,857 | +€3,796 | +2.3% |
| Financial debts | 43 | €311,500 | €227,663 | -€83,837 | -26.9% |
| Credit institutions | 430/8 | €311,500 | €183,895 | -€127,605 | -41.0% |
| Other loans | 439 | - | €43,768 | +€43,768 | |
| Trade debts | 44 | €488,956 | €627,811 | +€138,854 | +28.4% |
| Suppliers | 440/4 | €488,956 | €627,811 | +€138,854 | +28.4% |
| Taxes, remuneration and social security | 45 | €63,156 | €52,402 | -€10,754 | -17.0% |
| Taxes | 450/3 | €23,683 | - | -€23,683 | |
| Remuneration and social security | 454/9 | €39,473 | €52,402 | +€12,929 | +32.8% |
| Other amounts payable | 47/48 | €248,530 | €13,775 | -€234,755 | -94.5% |
| Accrued charges and deferred income | 492/3 | €17,046 | - | -€17,046 | |
| Non-recurring operating income | 76A | €9,488 | - | -€9,488 | |
| Remuneration, social security and pensions | 62 | €342,256 | €365,743 | +€23,487 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,334 | €127,189 | -€14,145 | -10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €51,005 | €97,711 | +€46,706 | +91.6% |
| Other operating charges | 640/8 | €8,466 | €10,344 | +€1,877 | +22.2% |
| Non-recurring operating charges | 66A | - | €6,767 | +€6,767 | |
| Gross operating margin | 9900 | €837,996 | €856,611 | +€18,615 | +2.2% |
| Operating profit (loss) | 9901 | €294,934 | €248,857 | -€46,077 | -15.6% |
| Financial income | 75/76B | €18 | €2,009 | +€1,992 | +11157.2% |
| Recurring financial income | 75 | €18 | €2,009 | +€1,992 | +11157.2% |
| Financial charges | 65/66B | €52,705 | €58,085 | +€5,381 | +10.2% |
| Recurring financial charges | 65 | €52,705 | €58,085 | +€5,381 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €242,247 | €192,781 | -€49,466 | -20.4% |
| Income taxes | 67/77 | €7,492 | €63,040 | +€55,549 | +741.5% |
| Profit (loss) for the period | 9904 | €234,755 | €129,741 | -€105,015 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €234,755 | €129,741 | -€105,015 | -44.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.