BANSHEE WORX: 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.
BANSHEE WORX
Largest movements
- Cash +€30,401
up €30,401 (+219.0%), from €13,881 to €44,282
mainly Net result for the year (+€59,173) and Tax, wage and social debts (+€21,272)
- Receivables within one year +€11,901
up €11,901 (+3.8%), from €311,695 to €323,596
of which Other amounts receivable: +€10,555
- Profit (loss) carried forward +€59,173
up €59,173 (+113.7%), from €52,035 to €111,208
- Trade debts -€42,683
down €42,683 (-17.0%), from €250,401 to €207,718
- Tax, wage and social debts +€21,272
up €21,272 (+262.0%), from €8,119 to €29,391
- Accrued charges and deferred income +€4,353
up €4,353 (+125.3%), from €3,473 to €7,826
- Gross operating margin -€30,724
down €30,724 (-26.0%), from €118,258 to €87,534
- Taxes +€13,154
up €13,154 (+162.0%), from €8,119 to €21,272
- Other operating charges -€5,110
down €5,110 (-82.5%), from €6,190 to €1,080
- Financial charges -€1,189
down €1,189 (-58.0%), from €2,049 to €860
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 | €347,135 | €389,111 | +€41,976 | +12.1% |
| Fixed assets | 21/28 | €9,666 | €12,877 | +€3,211 | +33.2% |
| Tangible fixed assets | 22/27 | €9,616 | €12,827 | +€3,211 | +33.4% |
| Plant, machinery and equipment | 23 | €9,616 | €12,827 | +€3,211 | +33.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €337,468 | €376,234 | +€38,766 | +11.5% |
| Stocks and contracts in progress | 3 | €6,228 | €5,863 | -€365 | -5.9% |
| Stocks | 30/36 | €6,228 | €5,863 | -€365 | -5.9% |
| Amounts receivable within one year | 40/41 | €311,695 | €323,596 | +€11,901 | +3.8% |
| Trade receivables | 40 | €214,842 | €216,188 | +€1,346 | +0.6% |
| Other amounts receivable | 41 | €96,853 | €107,408 | +€10,555 | +10.9% |
| Cash at bank and in hand | 54/58 | €13,881 | €44,282 | +€30,401 | +219.0% |
| Deferred charges and accrued income | 490/1 | €5,664 | €2,492 | -€3,172 | -56.0% |
| Total equity and liabilities | 10/49 | €347,135 | €389,111 | +€41,976 | +12.1% |
| Equity | 10/15 | €72,440 | €131,613 | +€59,173 | +81.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,035 | €111,208 | +€59,173 | +113.7% |
| Amounts payable | 17/49 | €274,694 | €257,497 | -€17,197 | -6.3% |
| Amounts payable within one year | 42/48 | €271,221 | €249,671 | -€21,550 | -7.9% |
| Trade debts | 44 | €250,401 | €207,718 | -€42,683 | -17.0% |
| Suppliers | 440/4 | €250,401 | €207,718 | -€42,683 | -17.0% |
| Taxes, remuneration and social security | 45 | €8,119 | €29,391 | +€21,272 | +262.0% |
| Taxes | 450/3 | €8,119 | €29,391 | +€21,272 | +262.0% |
| Other amounts payable | 47/48 | €12,702 | €12,562 | -€139 | -1.1% |
| Accrued charges and deferred income | 492/3 | €3,473 | €7,826 | +€4,353 | +125.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,607 | €5,375 | -€232 | -4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €809 | €39 | -€770 | -95.2% |
| Other operating charges | 640/8 | €6,190 | €1,080 | -€5,110 | -82.5% |
| Gross operating margin | 9900 | €118,258 | €87,534 | -€30,724 | -26.0% |
| Operating profit (loss) | 9901 | €105,652 | €81,040 | -€24,612 | -23.3% |
| Financial income | 75/76B | €61 | €265 | +€204 | +335.0% |
| Recurring financial income | 75 | €61 | €265 | +€204 | +335.0% |
| Financial charges | 65/66B | €2,049 | €860 | -€1,189 | -58.0% |
| Recurring financial charges | 65 | €2,049 | €860 | -€1,189 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €103,664 | €80,445 | -€23,219 | -22.4% |
| Income taxes | 67/77 | €8,119 | €21,272 | +€13,154 | +162.0% |
| Profit (loss) for the period | 9904 | €95,545 | €59,173 | -€36,373 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,545 | €59,173 | -€36,373 | -38.1% |
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 10 October 2026 via checked.be.