BANTOUSEL: 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.
BANTOUSEL
Largest movements
- Tangible fixed assets -€32,490
down €32,490 (-2.9%), from €1.1m to €1.1m
of which Other tangible fixed assets: -€18,805
- Cash +€25,292
up €25,292 (+8.0%), from €316,885 to €342,177
mainly Depreciation (+€49,540) and Trade debts (+€7,295)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€3,868
up €3,868 (+6.8%), from €57,103 to €60,971
- Depreciation -€3,036
down €3,036 (-5.8%), from €52,576 to €49,540
- Other operating charges -€981
down €981 (-7.4%), from €13,329 to €12,348
- Financial income +€763
up €763 (+121.7%), from €627 to €1,391
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 | €1,438,686 | €1,439,029 | +€342 | 0.0% |
| Fixed assets | 21/28 | €1,118,002 | €1,085,512 | -€32,490 | -2.9% |
| Tangible fixed assets | 22/27 | €1,118,002 | €1,085,512 | -€32,490 | -2.9% |
| Land and buildings | 22 | €450,322 | €437,288 | -€13,033 | -2.9% |
| Furniture and vehicles | 24 | €1,666 | €1,015 | -€651 | -39.1% |
| Other tangible fixed assets | 26 | €666,014 | €647,209 | -€18,805 | -2.8% |
| Current assets | 29/58 | €320,685 | €353,517 | +€32,832 | +10.2% |
| Amounts receivable within one year | 40/41 | €206 | €6,169 | +€5,964 | +2901.0% |
| Trade receivables | 40 | - | €5,713 | +€5,713 | |
| Other amounts receivable | 41 | €206 | €456 | +€250 | +121.8% |
| Cash at bank and in hand | 54/58 | €316,885 | €342,177 | +€25,292 | +8.0% |
| Deferred charges and accrued income | 490/1 | €3,594 | €5,170 | +€1,576 | +43.9% |
| Total equity and liabilities | 10/49 | €1,438,686 | €1,439,029 | +€342 | 0.0% |
| Equity | 10/15 | €1,219,764 | €1,217,690 | -€2,074 | -0.2% |
| Contributions | 10/11 | €810,000 | €810,000 | = | 0.0% |
| Capital | 10 | €810,000 | €810,000 | = | 0.0% |
| Issued capital | 100 | €810,000 | €810,000 | = | 0.0% |
| Revaluation surpluses | 12 | €23,578 | €23,578 | = | 0.0% |
| Reserves | 13 | €398,549 | €390,967 | -€7,582 | -1.9% |
| Non-distributable reserves | 130/1 | €81,000 | €81,000 | = | 0.0% |
| Legal reserve | 130 | €81,000 | €81,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €185,144 | €177,562 | -€7,582 | -4.1% |
| Distributable reserves | 133 | €132,405 | €132,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,364 | -€6,855 | +€5,509 | +44.6% |
| Provisions and deferred taxes | 16 | €61,715 | €59,187 | -€2,527 | -4.1% |
| Deferred taxes | 168 | €61,715 | €59,187 | -€2,527 | -4.1% |
| Amounts payable | 17/49 | €157,208 | €162,151 | +€4,943 | +3.1% |
| Amounts payable after more than one year | 17 | €123,658 | €123,658 | = | 0.0% |
| Financial debts | 170/4 | €123,658 | €123,658 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,997 | €36,373 | +€5,376 | +17.3% |
| Trade debts | 44 | - | €7,295 | +€7,295 | |
| Suppliers | 440/4 | - | €7,295 | +€7,295 | |
| Other amounts payable | 47/48 | €30,997 | €29,078 | -€1,919 | -6.2% |
| Accrued charges and deferred income | 492/3 | €2,553 | €2,121 | -€433 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,576 | €49,540 | -€3,036 | -5.8% |
| Other operating charges | 640/8 | €13,329 | €12,348 | -€981 | -7.4% |
| Gross operating margin | 9900 | €57,103 | €60,971 | +€3,868 | +6.8% |
| Operating profit (loss) | 9901 | -€8,802 | -€917 | +€7,885 | +89.6% |
| Financial income | 75/76B | €627 | €1,391 | +€763 | +121.7% |
| Recurring financial income | 75 | €627 | €1,391 | +€763 | +121.7% |
| Financial charges | 65/66B | €4,813 | €4,991 | +€178 | +3.7% |
| Recurring financial charges | 65 | €4,813 | €4,991 | +€178 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,989 | -€4,518 | +€8,471 | +65.2% |
| Transfer from deferred taxes | 780 | €2,527 | €2,527 | = | 0.0% |
| Income taxes | 67/77 | €66 | €83 | +€17 | +25.7% |
| Profit (loss) for the period | 9904 | -€10,527 | -€2,074 | +€8,454 | +80.3% |
| Transfer from tax-exempt reserves | 789 | €7,582 | €7,582 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,945 | €5,509 | +€8,454 |
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 4 October 2026 via checked.be.