BEN CONSTRUCT: 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.
BEN CONSTRUCT
Largest movements
- Cash +€21,322
up €21,322 (+51.0%), from €41,839 to €63,160
mainly Net result for the year (+€53,496) and Trade debts (+€40,223)
- Trade debts +€40,223
up €40,223 (+374.5%), from €10,741 to €50,964
- Advances received -€38,850
down €38,850 (-52.6%), from €73,850 to €35,000
- Reserves +€20,000
up €20,000 (+1075.3%), from €1,860 to €21,860
of which Distributable reserves: +€20,000
- Profit (loss) carried forward +€13,496
up €13,496 (+7.7%), from €175,763 to €189,259
- Other debts -€10,000
down €10,000 (-33.3%), from €30,000 to €20,000
- Gross operating margin -€57,324
down €57,324 (-33.8%), from €169,478 to €112,154
- Other operating charges -€14,674
down €14,674 (-88.0%), from €16,670 to €1,997
- Taxes -€13,474
down €13,474 (-50.9%), from €26,474 to €13,000
- Staff costs -€5,226
down €5,226 (-19.8%), from €26,455 to €21,229
- Depreciation +€3,117
up €3,117 (+19.9%), from €15,696 to €18,813
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €434,142 | €454,976 | +€20,834 | +4.8% |
| Fixed assets | 21/28 | €209,338 | €210,781 | +€1,444 | +0.7% |
| Intangible fixed assets | 21 | €1,068 | €512 | -€556 | -52.1% |
| Tangible fixed assets | 22/27 | €207,432 | €209,068 | +€1,636 | +0.8% |
| Land and buildings | 22 | €102,000 | €102,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,420 | €725 | -€695 | -48.9% |
| Furniture and vehicles | 24 | €21,213 | €23,544 | +€2,332 | +11.0% |
| Assets under construction and advance payments | 27 | €82,799 | €82,799 | = | 0.0% |
| Financial fixed assets | 28 | €837 | €1,201 | +€363 | +43.4% |
| Current assets | 29/58 | €224,805 | €244,195 | +€19,390 | +8.6% |
| Amounts receivable within one year | 40/41 | €163,766 | €161,001 | -€2,766 | -1.7% |
| Trade receivables | 40 | €75,569 | €77,188 | +€1,619 | +2.1% |
| Other amounts receivable | 41 | €88,197 | €83,813 | -€4,385 | -5.0% |
| Cash at bank and in hand | 54/58 | €41,839 | €63,160 | +€21,322 | +51.0% |
| Deferred charges and accrued income | 490/1 | €19,200 | €20,034 | +€834 | +4.3% |
| Total equity and liabilities | 10/49 | €434,142 | €454,976 | +€20,834 | +4.8% |
| Equity | 10/15 | €183,823 | €217,319 | +€33,496 | +18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €21,860 | +€20,000 | +1075.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €175,763 | €189,259 | +€13,496 | +7.7% |
| Amounts payable | 17/49 | €250,319 | €237,657 | -€12,663 | -5.1% |
| Amounts payable after more than one year | 17 | €70,172 | €63,234 | -€6,938 | -9.9% |
| Financial debts | 170/4 | €70,172 | €63,234 | -€6,938 | -9.9% |
| Amounts payable within one year | 42/48 | €180,147 | €174,423 | -€5,724 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €6,625 | €6,938 | +€313 | +4.7% |
| Trade debts | 44 | €10,741 | €50,964 | +€40,223 | +374.5% |
| Suppliers | 440/4 | €10,741 | €50,964 | +€40,223 | +374.5% |
| Advances received on contracts in progress | 46 | €73,850 | €35,000 | -€38,850 | -52.6% |
| Taxes, remuneration and social security | 45 | €58,931 | €61,520 | +€2,589 | +4.4% |
| Taxes | 450/3 | €36,844 | €34,474 | -€2,369 | -6.4% |
| Remuneration and social security | 454/9 | €22,087 | €27,046 | +€4,959 | +22.5% |
| Other amounts payable | 47/48 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Remuneration, social security and pensions | 62 | €26,455 | €21,229 | -€5,226 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,696 | €18,813 | +€3,117 | +19.9% |
| Other operating charges | 640/8 | €16,670 | €1,997 | -€14,674 | -88.0% |
| Gross operating margin | 9900 | €169,478 | €112,154 | -€57,324 | -33.8% |
| Operating profit (loss) | 9901 | €110,656 | €70,115 | -€40,541 | -36.6% |
| Financial income | 75/76B | €2,063 | €1 | -€2,062 | -99.9% |
| Recurring financial income | 75 | €2,063 | €1 | -€2,062 | -99.9% |
| Financial charges | 65/66B | €2,532 | €3,620 | +€1,088 | +43.0% |
| Recurring financial charges | 65 | €2,532 | €3,620 | +€1,088 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €110,187 | €66,496 | -€43,691 | -39.7% |
| Income taxes | 67/77 | €26,474 | €13,000 | -€13,474 | -50.9% |
| Profit (loss) for the period | 9904 | €83,713 | €53,496 | -€30,217 | -36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €83,713 | €53,496 | -€30,217 | -36.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.