Ben Colson: 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 Colson
Largest movements
- Cash -€77,331
down €77,331 (-32.2%), from €240,222 to €162,890
mainly Contributions, distributions and other (-€178,526) and Tax, wage and social debts (-€13,583)
- Tangible fixed assets +€4,249
up €4,249 (+346%), from €1,229 to €5,478
- Reserves -€106,613
down €106,613 (-59.7%), from €178,526 to €71,913
- Other debts +€47,958
up €47,958 (+15,820%), from €303 to €48,262
- Tax, wage and social debts -€13,583
down €13,583 (-24.0%), from €56,639 to €43,055
of which Taxes: -€17,083
- Gross operating margin +€7,571
up €7,571 (+8.9%), from €84,813 to €92,384
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 | €241,691 | €168,538 | -€73,153 | -30.3% |
| Fixed assets | 21/28 | €1,229 | €5,478 | +€4,249 | +346% |
| Tangible fixed assets | 22/27 | €1,229 | €5,478 | +€4,249 | +346% |
| Furniture and vehicles | 24 | €1,229 | €5,478 | +€4,249 | +346% |
| Current assets | 29/58 | €240,463 | €163,060 | -€77,402 | -32.2% |
| Amounts receivable within one year | 40/41 | €21 | €81 | +€61 | +295% |
| Other amounts receivable | 41 | €21 | €81 | +€61 | +295% |
| Cash at bank and in hand | 54/58 | €240,222 | €162,890 | -€77,331 | -32.2% |
| Deferred charges and accrued income | 490/1 | €220 | €89 | -€131 | -59.7% |
| Total equity and liabilities | 10/49 | €241,691 | €168,538 | -€73,153 | -30.3% |
| Equity | 10/15 | €183,526 | €76,913 | -€106,613 | -58.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €178,526 | €71,913 | -€106,613 | -59.7% |
| Distributable reserves | 133 | €178,526 | €71,913 | -€106,613 | -59.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €58,165 | €91,624 | +€33,460 | +57.5% |
| Amounts payable within one year | 42/48 | €58,165 | €91,624 | +€33,460 | +57.5% |
| Trade debts | 44 | €1,223 | €308 | -€915 | -74.8% |
| Suppliers | 440/4 | €1,223 | €308 | -€915 | -74.8% |
| Taxes, remuneration and social security | 45 | €56,639 | €43,055 | -€13,583 | -24.0% |
| Taxes | 450/3 | €56,639 | €39,555 | -€17,083 | -30.2% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €303 | €48,262 | +€47,958 | +15,820% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251 | €946 | +€695 | +277% |
| Other operating charges | 640/8 | €274 | €679 | +€404 | +148% |
| Gross operating margin | 9900 | €84,813 | €92,384 | +€7,571 | +8.9% |
| Operating profit (loss) | 9901 | €84,288 | €90,760 | +€6,472 | +7.7% |
| Financial charges | 65/66B | €648 | €412 | -€236 | -36.4% |
| Recurring financial charges | 65 | €648 | €412 | -€236 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €83,641 | €90,348 | +€6,708 | +8.0% |
| Income taxes | 67/77 | €17,595 | €18,435 | +€839 | +4.8% |
| Profit (loss) for the period | 9904 | €66,045 | €71,913 | +€5,868 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,045 | €71,913 | +€5,868 | +8.9% |
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 17 October 2026 via checked.be.