BEN & BOIS: 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.
BEN & BOIS
Largest movements
- Cash +€66,085
up €66,085 (+196%), from €33,650 to €99,735
mainly Debts after one year (+€58,411) and Depreciation (+€43,625)
- Tangible fixed assets +€50,302
up €50,302 (+54.7%), from €92,007 to €142,309
- Receivables within one year +€18,360
up €18,360 (+454%), from €4,043 to €22,404
of which Trade receivables: +€12,134
- Stocks and contracts +€8,545
up €8,545 (+132%), from €6,455 to €15,000
- Deferred charges and accrued income +€5,484
up €5,484 (+166%), from €3,306 to €8,790
- Debts after one year +€58,411
up €58,411 (+80.7%), from €72,407 to €130,817
- Other debts +€29,919
up €29,919 (+193%), from €15,512 to €45,431
- Profit (loss) carried forward +€28,841
up €28,841 (+150%), from €19,288 to €48,129
- Trade debts +€20,025
up €20,025 (+199%), from €10,044 to €30,070
- Current portion of long-term debt +€15,701
up €15,701 (+98.8%), from €15,889 to €31,589
- Gross operating margin +€64,762
up €64,762 (+122%), from €53,291 to €118,052
- Depreciation +€25,632
up €25,632 (+142%), from €17,992 to €43,625
- Staff costs +€23,263
up €23,263 (+282%), from €8,243 to €31,506
- Financial charges +€2,657
up €2,657 (+131%), from €2,030 to €4,687
- Other operating charges +€1,854
up €1,854 (+292%), from €636 to €2,490
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 | €145,200 | €297,319 | +€152,119 | +105% |
| Fixed assets | 21/28 | €97,745 | €151,390 | +€53,645 | +54.9% |
| Intangible fixed assets | 21 | €5,534 | €8,876 | +€3,343 | +60.4% |
| Tangible fixed assets | 22/27 | €92,007 | €142,309 | +€50,302 | +54.7% |
| Plant, machinery and equipment | 23 | €52,284 | €71,798 | +€19,513 | +37.3% |
| Furniture and vehicles | 24 | €32,912 | €51,913 | +€19,001 | +57.7% |
| Other tangible fixed assets | 26 | €6,810 | €18,598 | +€11,788 | +173% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €47,455 | €145,929 | +€98,474 | +208% |
| Stocks and contracts in progress | 3 | €6,455 | €15,000 | +€8,545 | +132% |
| Stocks | 30/36 | €6,455 | €15,000 | +€8,545 | +132% |
| Amounts receivable within one year | 40/41 | €4,043 | €22,404 | +€18,360 | +454% |
| Trade receivables | 40 | €3,976 | €16,110 | +€12,134 | +305% |
| Other amounts receivable | 41 | €67 | €6,294 | +€6,226 | +9,257% |
| Cash at bank and in hand | 54/58 | €33,650 | €99,735 | +€66,085 | +196% |
| Deferred charges and accrued income | 490/1 | €3,306 | €8,790 | +€5,484 | +166% |
| Total equity and liabilities | 10/49 | €145,200 | €297,319 | +€152,119 | +105% |
| Equity | 10/15 | €22,788 | €51,629 | +€28,841 | +127% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,288 | €48,129 | +€28,841 | +150% |
| Amounts payable | 17/49 | €122,412 | €245,690 | +€123,278 | +101% |
| Amounts payable after more than one year | 17 | €72,407 | €130,817 | +€58,411 | +80.7% |
| Financial debts | 170/4 | €72,407 | €130,817 | +€58,411 | +80.7% |
| Amounts payable within one year | 42/48 | €50,005 | €114,741 | +€64,736 | +129% |
| Current portion of amounts payable after more than one year | 42 | €15,889 | €31,589 | +€15,701 | +98.8% |
| Trade debts | 44 | €10,044 | €30,070 | +€20,025 | +199% |
| Suppliers | 440/4 | €10,044 | €30,070 | +€20,025 | +199% |
| Advances received on contracts in progress | 46 | - | €225 | +€225 | |
| Taxes, remuneration and social security | 45 | €8,560 | €7,426 | -€1,134 | -13.2% |
| Taxes | 450/3 | €8,560 | €7,426 | -€1,134 | -13.2% |
| Other amounts payable | 47/48 | €15,512 | €45,431 | +€29,919 | +193% |
| Accrued charges and deferred income | 492/3 | - | €132 | +€132 | |
| Remuneration, social security and pensions | 62 | €8,243 | €31,506 | +€23,263 | +282% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,992 | €43,625 | +€25,632 | +142% |
| Other operating charges | 640/8 | €636 | €2,490 | +€1,854 | +292% |
| Gross operating margin | 9900 | €53,291 | €118,052 | +€64,762 | +122% |
| Operating profit (loss) | 9901 | €26,419 | €40,432 | +€14,013 | +53.0% |
| Financial income | 75/76B | €570 | €533 | -€37 | -6.5% |
| Recurring financial income | 75 | €570 | €533 | -€37 | -6.5% |
| Financial charges | 65/66B | €2,030 | €4,687 | +€2,657 | +131% |
| Recurring financial charges | 65 | €2,030 | €4,687 | +€2,657 | +131% |
| Profit (loss) for the period before taxes | 9903 | €24,959 | €36,278 | +€11,319 | +45.3% |
| Income taxes | 67/77 | €5,671 | €7,437 | +€1,766 | +31.1% |
| Profit (loss) for the period | 9904 | €19,288 | €28,841 | +€9,552 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,288 | €28,841 | +€9,552 | +49.5% |
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 27 October 2026 via checked.be.