BEN ARIJS: 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.
What changed
BEN ARIJS
NACE 70.100, Activities of head offices
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€29,518
2024 · €81,616-€52,098
Equity
€487,021
2024 · €457,503+€29,518
Cash
€2,494
2024 · €8,107-€5,613
Balance sheet total
€1.3m
2024 · €1.2m+€58,671
Largest movements
Assets
- Tangible fixed assets +€45,023
up €45,023 (+8.2%), from €550,455 to €595,478
of which Land and buildings: +€45,023
- Receivables within one year +€19,266
up €19,266 (+39.6%), from €48,626 to €67,891
of which Other amounts receivable: +€27,416
Equity and liabilities
- Other debts +€49,936
up €49,936 (+61.1%), from €81,688 to €131,624
- Reserves +€29,518
up €29,518 (+6.6%), from €445,103 to €474,621
of which Distributable reserves: +€33,818
Income statement
- Gross operating margin -€68,041
down €68,041 (-46.6%), from €146,096 to €78,055
- Taxes -€21,759
down €21,759 (-60.9%), from €35,753 to €13,994
- Depreciation +€8,092
up €8,092 (+45.8%), from €17,681 to €25,773
- Financial income +€2,883
up €2,883 (+9609933.3%), from €0 to €2,883
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.
Result 2024
€81,616
Gross operating margin
-€68,041
Depreciation
-€8,092
Other operating charges
+€495
Financial income
+€2,883
Financial charges
-€1,290
Taxes
+€21,759
Deferred taxes and other
+€187
Result 2025
€29,518
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.
From operations
+€65,715
Investment
-€70,796
Financing
-€533
Cash 2024
€8,107
From operations (derived)
+€65,715
Net result for the year
+€29,518
Depreciation
+€25,773
Receivables within one year
-€19,266
Deferred charges and accrued income
+€5
Provisions
-€1,433
Trade debts
-€10,852
Tax, wage and social debts
-€7,751
Other debts
+€49,936
Accrued charges and deferred income
-€214
Investment (derived)
-€70,796
Investment in fixed assets (net)
-€70,796
Financing
-€533
Debts after one year
-€3,295
Current portion of long-term debt
-€9,327
Short-term financial debts
+€12,089
Cash 2025
€2,494
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,219,518 | €1,278,188 | +€58,671 | +4.8% |
| Fixed assets | 21/28 | €1,162,765 | €1,207,788 | +€45,023 | +3.9% |
| Tangible fixed assets | 22/27 | €550,455 | €595,478 | +€45,023 | +8.2% |
| Land and buildings | 22 | €549,605 | €594,628 | +€45,023 | +8.2% |
| Furniture and vehicles | 24 | €850 | €850 | = | 0.0% |
| Financial fixed assets | 28 | €612,310 | €612,310 | = | 0.0% |
| Current assets | 29/58 | €56,752 | €70,400 | +€13,648 | +24.0% |
| Amounts receivable within one year | 40/41 | €48,626 | €67,891 | +€19,266 | +39.6% |
| Trade receivables | 40 | €8,150 | €0 | -€8,150 | -100.0% |
| Other amounts receivable | 41 | €40,476 | €67,891 | +€27,416 | +67.7% |
| Cash at bank and in hand | 54/58 | €8,107 | €2,494 | -€5,613 | -69.2% |
| Deferred charges and accrued income | 490/1 | €19 | €15 | -€5 | -25.0% |
| Total equity and liabilities | 10/49 | €1,219,518 | €1,278,188 | +€58,671 | +4.8% |
| Equity | 10/15 | €457,503 | €487,021 | +€29,518 | +6.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €445,103 | €474,621 | +€29,518 | +6.6% |
| Tax-exempt reserves | 132 | €108,373 | €104,074 | -€4,299 | -4.0% |
| Distributable reserves | 133 | €336,730 | €370,548 | +€33,818 | +10.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €36,124 | €34,691 | -€1,433 | -4.0% |
| Deferred taxes | 168 | €36,124 | €34,691 | -€1,433 | -4.0% |
| Amounts payable | 17/49 | €725,890 | €756,476 | +€30,586 | +4.2% |
| Amounts payable after more than one year | 17 | €545,762 | €542,467 | -€3,295 | -0.6% |
| Financial debts | 170/4 | €355,012 | €370,717 | +€15,705 | +4.4% |
| Other amounts payable | 178/9 | €190,750 | €171,750 | -€19,000 | -10.0% |
| Amounts payable within one year | 42/48 | €179,608 | €213,702 | +€34,094 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €67,790 | €58,462 | -€9,327 | -13.8% |
| Financial debts | 43 | €0 | €12,089 | +€12,089 | |
| Credit institutions | 430/8 | €0 | €12,089 | +€12,089 | |
| Trade debts | 44 | €21,093 | €10,241 | -€10,852 | -51.4% |
| Suppliers | 440/4 | €21,093 | €10,241 | -€10,852 | -51.4% |
| Taxes, remuneration and social security | 45 | €9,037 | €1,286 | -€7,751 | -85.8% |
| Taxes | 450/3 | €9,037 | €1,286 | -€7,751 | -85.8% |
| Other amounts payable | 47/48 | €81,688 | €131,624 | +€49,936 | +61.1% |
| Accrued charges and deferred income | 492/3 | €520 | €306 | -€214 | -41.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,681 | €25,773 | +€8,092 | +45.8% |
| Other operating charges | 640/8 | €639 | €144 | -€495 | -77.5% |
| Gross operating margin | 9900 | €146,096 | €78,055 | -€68,041 | -46.6% |
| Operating profit (loss) | 9901 | €127,776 | €52,139 | -€75,637 | -59.2% |
| Financial income | 75/76B | €0 | €2,883 | +€2,883 | +9609933.3% |
| Recurring financial income | 75 | €0 | €2,883 | +€2,883 | +9609933.3% |
| Financial charges | 65/66B | €11,653 | €12,943 | +€1,290 | +11.1% |
| Recurring financial charges | 65 | €11,653 | €12,943 | +€1,290 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €116,123 | €42,079 | -€74,044 | -63.8% |
| Transfer from deferred taxes | 780 | €1,246 | €1,433 | +€187 | +15.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €35,753 | €13,994 | -€21,759 | -60.9% |
| Profit (loss) for the period | 9904 | €81,616 | €29,518 | -€52,098 | -63.8% |
| Transfer from tax-exempt reserves | 789 | €3,739 | €4,299 | +€561 | +15.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €85,355 | €33,818 | -€51,538 | -60.4% |
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 5 October 2026 via checked.be.