BEN-GAFSI: 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-GAFSI
Largest movements
- Receivables within one year -€21,986
down €21,986 (-93.3%), from €23,554 to €1,568
of which Trade receivables: -€23,554
- Tangible fixed assets -€2,592
no longer reported in 2025 (was €2,592)
- Deferred charges and accrued income +€2,103
up €2,103 (+44.3%), from €4,744 to €6,847
- Cash +€2,048
up €2,048 (+3,691%), from €55 to €2,104
mainly Receivables within one year (+€21,986) and Depreciation (+€2,592)
- Profit (loss) carried forward -€16,154
down €16,154 (-69.1%), from €23,364 to €7,210
- Other debts -€4,920
no longer reported in 2025 (was €4,920)
- Trade debts +€2,282
new in 2025: €2,282
- Tax, wage and social debts -€1,635
down €1,635 (-24.7%), from €6,622 to €4,987
of which Remuneration and social security: -€1,951
- Turnover -€59,383
no longer reported in 2025 (was €59,383)
- Purchases and services -€22,616
no longer reported in 2025 (was €22,616)
- Gross operating margin -€22,208
down €22,208 (-60.4%), from €36,767 to €14,559
- Staff costs -€9,525
down €9,525 (-26.7%), from €35,727 to €26,202
- Depreciation +€2,592
new in 2025: €2,592
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 | €43,446 | €23,020 | -€20,426 | -47.0% |
| Fixed assets | 21/28 | €15,092 | €12,500 | -€2,592 | -17.2% |
| Intangible fixed assets | 21 | €12,500 | €12,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,592 | - | -€2,592 | |
| Furniture and vehicles | 24 | €2,592 | - | -€2,592 | |
| Current assets | 29/58 | €28,354 | €10,520 | -€17,834 | -62.9% |
| Amounts receivable within one year | 40/41 | €23,554 | €1,568 | -€21,986 | -93.3% |
| Trade receivables | 40 | €23,554 | - | -€23,554 | |
| Other amounts receivable | 41 | - | €1,568 | +€1,568 | |
| Cash at bank and in hand | 54/58 | €55 | €2,104 | +€2,048 | +3,691% |
| Deferred charges and accrued income | 490/1 | €4,744 | €6,847 | +€2,103 | +44.3% |
| Total equity and liabilities | 10/49 | €43,446 | €23,020 | -€20,426 | -47.0% |
| Equity | 10/15 | €31,904 | €15,750 | -€16,154 | -50.6% |
| Contributions | 10/11 | €8,540 | €8,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,364 | €7,210 | -€16,154 | -69.1% |
| Amounts payable | 17/49 | €11,542 | €7,270 | -€4,273 | -37.0% |
| Amounts payable within one year | 42/48 | €11,542 | €7,270 | -€4,273 | -37.0% |
| Trade debts | 44 | - | €2,282 | +€2,282 | |
| Suppliers | 440/4 | - | €2,282 | +€2,282 | |
| Taxes, remuneration and social security | 45 | €6,622 | €4,987 | -€1,635 | -24.7% |
| Taxes | 450/3 | €4,011 | €4,327 | +€316 | +7.9% |
| Remuneration and social security | 454/9 | €2,611 | €660 | -€1,951 | -74.7% |
| Other amounts payable | 47/48 | €4,920 | - | -€4,920 | |
| Turnover | 70 | €59,383 | - | -€59,383 | |
| Goods, raw materials, services and sundry goods | 60/61 | €22,616 | - | -€22,616 | |
| Remuneration, social security and pensions | 62 | €35,727 | €26,202 | -€9,525 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,592 | +€2,592 | |
| Other operating charges | 640/8 | €128 | €954 | +€826 | +646% |
| Gross operating margin | 9900 | €36,767 | €14,559 | -€22,208 | -60.4% |
| Operating profit (loss) | 9901 | €912 | -€15,189 | -€16,101 | |
| Financial income | 75/76B | €60 | - | -€60 | |
| Recurring financial income | 75 | €60 | - | -€60 | |
| Financial charges | 65/66B | €80 | €59 | -€21 | -26.2% |
| Recurring financial charges | 65 | €80 | €59 | -€21 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €892 | -€15,248 | -€16,140 | |
| Income taxes | 67/77 | - | €905 | +€905 | |
| Profit (loss) for the period | 9904 | €892 | -€16,154 | -€17,045 | |
| Profit (loss) for the period to be appropriated | 9905 | €892 | -€16,154 | -€17,045 |
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 15 October 2026 via checked.be.