Bantoe: 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.
Bantoe
Largest movements
- Cash +€12,047
up €12,047 (+53.9%), from €22,337 to €34,384
mainly Net result for the year (+€15,553) and Depreciation (+€5,182)
- Tangible fixed assets -€4,164
down €4,164 (-21.9%), from €18,975 to €14,811
- Receivables within one year +€1,000
up €1,000 (+15.4%), from €6,500 to €7,500
- Reserves +€15,553
up €15,553 (+76.3%), from €20,397 to €35,950
- Other debts -€10,174
down €10,174 (-47.7%), from €21,332 to €11,158
- Tax, wage and social debts +€2,664
up €2,664 (+108%), from €2,474 to €5,138
- Accrued charges and deferred income +€1,668
new in 2025: €1,668
- Trade debts -€772
down €772 (-53.6%), from €1,442 to €670
- Gross operating margin -€9,754
down €9,754 (-24.8%), from €39,387 to €29,633
- Depreciation -€5,073
down €5,073 (-49.5%), from €10,255 to €5,182
- Taxes -€1,991
down €1,991 (-24.4%), from €8,148 to €6,157
- Financial charges +€1,523
up €1,523 (+748%), from €203 to €1,726
- Other operating charges +€631
up €631 (+164%), from €384 to €1,015
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 | €48,144 | €57,084 | +€8,939 | +18.6% |
| Fixed assets | 21/28 | €18,975 | €14,811 | -€4,164 | -21.9% |
| Tangible fixed assets | 22/27 | €18,975 | €14,811 | -€4,164 | -21.9% |
| Furniture and vehicles | 24 | €18,975 | €14,811 | -€4,164 | -21.9% |
| Current assets | 29/58 | €29,170 | €42,273 | +€13,103 | +44.9% |
| Amounts receivable within one year | 40/41 | €6,500 | €7,500 | +€1,000 | +15.4% |
| Trade receivables | 40 | €6,500 | €7,500 | +€1,000 | +15.4% |
| Cash at bank and in hand | 54/58 | €22,337 | €34,384 | +€12,047 | +53.9% |
| Deferred charges and accrued income | 490/1 | €333 | €389 | +€56 | +17.0% |
| Total equity and liabilities | 10/49 | €48,144 | €57,084 | +€8,939 | +18.6% |
| Equity | 10/15 | €22,897 | €38,450 | +€15,553 | +67.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,397 | €35,950 | +€15,553 | +76.3% |
| Distributable reserves | 133 | €20,397 | €35,950 | +€15,553 | +76.3% |
| Amounts payable | 17/49 | €25,248 | €18,634 | -€6,614 | -26.2% |
| Amounts payable within one year | 42/48 | €25,248 | €16,966 | -€8,282 | -32.8% |
| Trade debts | 44 | €1,442 | €670 | -€772 | -53.6% |
| Suppliers | 440/4 | €1,442 | €670 | -€772 | -53.6% |
| Taxes, remuneration and social security | 45 | €2,474 | €5,138 | +€2,664 | +108% |
| Taxes | 450/3 | €2,474 | €5,138 | +€2,664 | +108% |
| Other amounts payable | 47/48 | €21,332 | €11,158 | -€10,174 | -47.7% |
| Accrued charges and deferred income | 492/3 | - | €1,668 | +€1,668 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,255 | €5,182 | -€5,073 | -49.5% |
| Other operating charges | 640/8 | €384 | €1,015 | +€631 | +164% |
| Gross operating margin | 9900 | €39,387 | €29,633 | -€9,754 | -24.8% |
| Operating profit (loss) | 9901 | €28,748 | €23,436 | -€5,312 | -18.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +157% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +157% |
| Financial charges | 65/66B | €203 | €1,726 | +€1,523 | +748% |
| Recurring financial charges | 65 | €203 | €1,726 | +€1,523 | +748% |
| Profit (loss) for the period before taxes | 9903 | €28,545 | €21,710 | -€6,834 | -23.9% |
| Income taxes | 67/77 | €8,148 | €6,157 | -€1,991 | -24.4% |
| Profit (loss) for the period | 9904 | €20,397 | €15,553 | -€4,844 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,397 | €15,553 | -€4,844 | -23.7% |
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 18 October 2026 via checked.be.