B.E.N. Projects: 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.
B.E.N. Projects
Largest movements
- Stocks and contracts -€749,842
down €749,842 (-100.0%), from €749,842 to €0
- Receivables within one year -€16,634
down €16,634 (-99.4%), from €16,740 to €106
of which Other amounts receivable: -€10,198
- Cash -€9,158
down €9,158 (-75.1%), from €12,199 to €3,041
mainly Short-term financial debts (-€363,122) and Current portion of long-term debt (-€301,561)
- Short-term financial debts -€363,122
down €363,122 (-100.0%), from €363,122 to €0
- Current portion of long-term debt -€301,561
down €301,561 (-96.7%), from €312,000 to €10,439
- Other debts -€153,169
down €153,169 (-66.2%), from €231,434 to €78,265
- Debts after one year +€32,530
up €32,530, from €0 to €32,530
- Profit (loss) carried forward +€13,673
up €13,673 (+5.3%), from -€257,656 to -€243,983
- Gross operating margin +€110,842
up €110,842, from -€58,122 to €52,720
- Financial charges -€39,223
down €39,223 (-65.6%), from €59,817 to €20,594
- Other operating charges -€7,003
down €7,003 (-95.2%), from €7,357 to €354
- Taxes -€1,021
down €1,021 (-85.3%), from €1,198 to €176
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 | €782,449 | €3,914 | -€778,535 | -99.5% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €781,949 | €3,414 | -€778,535 | -99.6% |
| Stocks and contracts in progress | 3 | €749,842 | €0 | -€749,842 | -100.0% |
| Stocks | 30/36 | €749,842 | €0 | -€749,842 | -100.0% |
| Amounts receivable within one year | 40/41 | €16,740 | €106 | -€16,634 | -99.4% |
| Trade receivables | 40 | €6,436 | €0 | -€6,436 | -100.0% |
| Other amounts receivable | 41 | €10,304 | €106 | -€10,198 | -99.0% |
| Cash at bank and in hand | 54/58 | €12,199 | €3,041 | -€9,158 | -75.1% |
| Deferred charges and accrued income | 490/1 | €3,168 | €267 | -€2,901 | -91.6% |
| Total equity and liabilities | 10/49 | €782,449 | €3,914 | -€778,535 | -99.5% |
| Equity | 10/15 | -€135,072 | -€121,399 | +€13,673 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,984 | €103,984 | = | 0.0% |
| Distributable reserves | 133 | €103,984 | €103,984 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,656 | -€243,983 | +€13,673 | +5.3% |
| Amounts payable | 17/49 | €917,521 | €125,313 | -€792,208 | -86.3% |
| Amounts payable after more than one year | 17 | €0 | €32,530 | +€32,530 | |
| Financial debts | 170/4 | €0 | €32,530 | +€32,530 | |
| Amounts payable within one year | 42/48 | €916,542 | €92,783 | -€823,759 | -89.9% |
| Current portion of amounts payable after more than one year | 42 | €312,000 | €10,439 | -€301,561 | -96.7% |
| Financial debts | 43 | €363,122 | €0 | -€363,122 | -100.0% |
| Credit institutions | 430/8 | €363,122 | €0 | -€363,122 | -100.0% |
| Trade debts | 44 | €5,053 | €1,437 | -€3,616 | -71.6% |
| Suppliers | 440/4 | €5,053 | €1,437 | -€3,616 | -71.6% |
| Taxes, remuneration and social security | 45 | €4,933 | €2,642 | -€2,291 | -46.4% |
| Taxes | 450/3 | €4,933 | €2,642 | -€2,291 | -46.4% |
| Other amounts payable | 47/48 | €231,434 | €78,265 | -€153,169 | -66.2% |
| Accrued charges and deferred income | 492/3 | €979 | €0 | -€979 | -100.0% |
| Non-recurring operating income | 76A | €0 | €10,639 | +€10,639 | |
| Other operating charges | 640/8 | €7,357 | €354 | -€7,003 | -95.2% |
| Non-recurring operating charges | 66A | - | €17,923 | +€17,923 | |
| Gross operating margin | 9900 | -€58,122 | €52,720 | +€110,842 | |
| Operating profit (loss) | 9901 | -€65,479 | €34,443 | +€99,922 | |
| Financial income | 75/76B | €28 | €0 | -€28 | -100.0% |
| Recurring financial income | 75 | €28 | €0 | -€28 | -100.0% |
| Financial charges | 65/66B | €59,817 | €20,594 | -€39,223 | -65.6% |
| Recurring financial charges | 65 | €59,817 | €20,594 | -€39,223 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | -€125,268 | €13,849 | +€139,117 | |
| Income taxes | 67/77 | €1,198 | €176 | -€1,021 | -85.3% |
| Profit (loss) for the period | 9904 | -€126,465 | €13,673 | +€140,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€126,465 | €13,673 | +€140,138 |
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 12 October 2026 via checked.be.