BAVANO: 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.
BAVANO
Largest movements
- Receivables within one year -€2,681
down €2,681 (-32.1%), from €8,359 to €5,678
of which Other amounts receivable: -€1,626
- Cash -€344
down €344 (-64.3%), from €535 to €191
mainly Net result for the year (-€1,728) and Trade debts (-€1,306)
- Profit (loss) carried forward -€1,728
down €1,728 (-54.8%), from -€3,155 to -€4,883
- Trade debts -€1,306
down €1,306 (-78.5%), from €1,664 to €358
- Gross operating margin +€1,325
up €1,325 (+56.5%), from -€2,347 to -€1,022
- Taxes -€295
down €295 (-100%), from €295 to €0
- Financial charges -€272
down €272 (-60.4%), from €450 to €178
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 | €8,894 | €5,869 | -€3,025 | -34.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €8,894 | €5,869 | -€3,025 | -34.0% |
| Amounts receivable within one year | 40/41 | €8,359 | €5,678 | -€2,681 | -32.1% |
| Trade receivables | 40 | €1,055 | €0 | -€1,055 | -100% |
| Other amounts receivable | 41 | €7,303 | €5,678 | -€1,626 | -22.3% |
| Cash at bank and in hand | 54/58 | €535 | €191 | -€344 | -64.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €8,894 | €5,869 | -€3,025 | -34.0% |
| Equity | 10/15 | €6,845 | €5,117 | -€1,728 | -25.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€3,155 | -€4,883 | -€1,728 | -54.8% |
| Amounts payable | 17/49 | €2,049 | €752 | -€1,297 | -63.3% |
| Amounts payable within one year | 42/48 | €1,960 | €653 | -€1,306 | -66.7% |
| Trade debts | 44 | €1,664 | €358 | -€1,306 | -78.5% |
| Suppliers | 440/4 | €1,664 | €358 | -€1,306 | -78.5% |
| Taxes, remuneration and social security | 45 | €295 | €295 | = | 0.0% |
| Taxes | 450/3 | €295 | €295 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €89 | €99 | +€9 | +10.6% |
| Non-recurring operating income | 76A | €13 | €0 | -€13 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €513 | €527 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €127 | €0 | -€127 | -100% |
| Gross operating margin | 9900 | -€2,347 | -€1,022 | +€1,325 | +56.5% |
| Operating profit (loss) | 9901 | -€2,987 | -€1,550 | +€1,438 | +48.1% |
| Financial income | 75/76B | €12 | €0 | -€12 | -100% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -100% |
| Financial charges | 65/66B | €450 | €178 | -€272 | -60.4% |
| Recurring financial charges | 65 | €450 | €178 | -€272 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,425 | -€1,728 | +€1,698 | +49.6% |
| Income taxes | 67/77 | €295 | €0 | -€295 | -100% |
| Profit (loss) for the period | 9904 | -€3,721 | -€1,728 | +€1,993 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,721 | -€1,728 | +€1,993 | +53.6% |
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.