Bantaco: 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.
Bantaco
Largest movements
- Stocks and contracts -€954,161
down €954,161 (-55.3%), from €1.7m to €771,858
- Tangible fixed assets +€706,242
up €706,242 (+113%), from €624,960 to €1.3m
of which Land and buildings: +€707,082
- Cash +€37,176
up €37,176 (+93.1%), from €39,911 to €77,087
mainly Stocks and contracts (+€954,161) and Net result for the year (+€172,511)
- Debts after one year -€259,342
down €259,342 (-15.0%), from €1.7m to €1.5m
- Reserves +€172,511
up €172,511 (+178%), from €96,961 to €269,472
- Other debts -€149,488
down €149,488 (-24.2%), from €617,062 to €467,574
- Tax, wage and social debts +€37,938
up €37,938 (+143%), from €26,477 to €64,415
- Gross operating margin +€286,981
up €286,981 (+231%), from €124,292 to €411,273
- Taxes +€57,836
up €57,836 (+879%), from €6,579 to €64,415
- Financial charges +€36,936
up €36,936 (+44.0%), from €83,956 to €120,891
- Depreciation +€26,628
up €26,628 (+207%), from €12,859 to €39,487
- Other operating charges +€12,724
up €12,724 (+1,023%), from €1,244 to €13,968
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 | €2,525,485 | €2,318,921 | -€206,564 | -8.2% |
| Fixed assets | 21/28 | €711,469 | €1,412,190 | +€700,721 | +98.5% |
| Intangible fixed assets | 21 | €84,509 | €80,988 | -€3,521 | -4.2% |
| Tangible fixed assets | 22/27 | €624,960 | €1,331,202 | +€706,242 | +113% |
| Land and buildings | 22 | €623,104 | €1,330,187 | +€707,082 | +113% |
| Plant, machinery and equipment | 23 | €1,856 | €1,015 | -€840 | -45.3% |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €1,814,016 | €906,731 | -€907,285 | -50.0% |
| Stocks and contracts in progress | 3 | €1,726,019 | €771,858 | -€954,161 | -55.3% |
| Stocks | 30/36 | €1,726,019 | €771,858 | -€954,161 | -55.3% |
| Amounts receivable within one year | 40/41 | €48,085 | €56,778 | +€8,692 | +18.1% |
| Trade receivables | 40 | €36,592 | €38,202 | +€1,610 | +4.4% |
| Other amounts receivable | 41 | €11,493 | €18,576 | +€7,083 | +61.6% |
| Cash at bank and in hand | 54/58 | €39,911 | €77,087 | +€37,176 | +93.1% |
| Deferred charges and accrued income | 490/1 | - | €1,009 | +€1,009 | |
| Total equity and liabilities | 10/49 | €2,525,485 | €2,318,921 | -€206,564 | -8.2% |
| Equity | 10/15 | €121,961 | €294,472 | +€172,511 | +141% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €96,961 | €269,472 | +€172,511 | +178% |
| Distributable reserves | 133 | €96,961 | €269,472 | +€172,511 | +178% |
| Amounts payable | 17/49 | €2,403,524 | €2,024,449 | -€379,075 | -15.8% |
| Amounts payable after more than one year | 17 | €1,729,232 | €1,469,890 | -€259,342 | -15.0% |
| Financial debts | 170/4 | €1,729,232 | €1,469,890 | -€259,342 | -15.0% |
| Amounts payable within one year | 42/48 | €674,292 | €554,559 | -€119,733 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €19,030 | €19,831 | +€801 | +4.2% |
| Trade debts | 44 | €11,723 | €2,739 | -€8,983 | -76.6% |
| Suppliers | 440/4 | €11,723 | €2,739 | -€8,983 | -76.6% |
| Taxes, remuneration and social security | 45 | €26,477 | €64,415 | +€37,938 | +143% |
| Taxes | 450/3 | €26,477 | €64,415 | +€37,938 | +143% |
| Other amounts payable | 47/48 | €617,062 | €467,574 | -€149,488 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,859 | €39,487 | +€26,628 | +207% |
| Other operating charges | 640/8 | €1,244 | €13,968 | +€12,724 | +1,023% |
| Gross operating margin | 9900 | €124,292 | €411,273 | +€286,981 | +231% |
| Operating profit (loss) | 9901 | €110,189 | €357,818 | +€247,629 | +225% |
| Financial charges | 65/66B | €83,956 | €120,891 | +€36,936 | +44.0% |
| Recurring financial charges | 65 | €83,956 | €120,891 | +€36,936 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €26,233 | €236,926 | +€210,693 | +803% |
| Income taxes | 67/77 | €6,579 | €64,415 | +€57,836 | +879% |
| Profit (loss) for the period | 9904 | €19,654 | €172,511 | +€152,857 | +778% |
| Profit (loss) for the period to be appropriated | 9905 | €19,654 | €172,511 | +€152,857 | +778% |
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 15 October 2026 via checked.be.