BEN JANSEN: 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 JANSEN
Largest movements
- Cash -€199,486
down €199,486 (-81.9%), from €243,515 to €44,028
mainly Contributions, distributions and other (-€274,095) and Tax, wage and social debts (-€20,848)
- Receivables within one year +€8,440
up €8,440 (+37.0%), from €22,825 to €31,265
of which Trade receivables: +€8,453
- Tangible fixed assets +€5,278
up €5,278 (+226.9%), from €2,326 to €7,603
- Reserves -€194,556
down €194,556 (-87.9%), from €221,419 to €26,863
- Other debts +€21,242
up €21,242 (+157.0%), from €13,533 to €34,775
- Tax, wage and social debts -€20,848
down €20,848 (-68.5%), from €30,434 to €9,586
of which Taxes: -€20,924
- Provisions +€4,914
new in 2025: €4,914
- Trade debts +€3,687
up €3,687 (+302.1%), from €1,220 to €4,907
- Gross operating margin +€5,933
up €5,933 (+6.2%), from €96,383 to €102,317
- Taxes +€1,666
up €1,666 (+8.6%), from €19,265 to €20,931
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €269,606 | €84,045 | -€185,560 | -68.8% |
| Fixed assets | 21/28 | €2,326 | €7,603 | +€5,278 | +226.9% |
| Tangible fixed assets | 22/27 | €2,326 | €7,603 | +€5,278 | +226.9% |
| Furniture and vehicles | 24 | €2,326 | €7,603 | +€5,278 | +226.9% |
| Current assets | 29/58 | €267,280 | €76,442 | -€190,838 | -71.4% |
| Amounts receivable within one year | 40/41 | €22,825 | €31,265 | +€8,440 | +37.0% |
| Trade receivables | 40 | €22,796 | €31,249 | +€8,453 | +37.1% |
| Other amounts receivable | 41 | €28 | €16 | -€12 | -44.0% |
| Cash at bank and in hand | 54/58 | €243,515 | €44,028 | -€199,486 | -81.9% |
| Deferred charges and accrued income | 490/1 | €941 | €1,149 | +€208 | +22.1% |
| Total equity and liabilities | 10/49 | €269,606 | €84,045 | -€185,560 | -68.8% |
| Equity | 10/15 | €224,419 | €29,863 | -€194,556 | -86.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €221,419 | €26,863 | -€194,556 | -87.9% |
| Distributable reserves | 133 | €221,419 | €26,863 | -€194,556 | -87.9% |
| Provisions and deferred taxes | 16 | - | €4,914 | +€4,914 | |
| Provisions for liabilities and charges | 160/5 | - | €4,914 | +€4,914 | |
| Taxes | 161 | - | €4,914 | +€4,914 | |
| Amounts payable | 17/49 | €45,187 | €49,268 | +€4,081 | +9.0% |
| Amounts payable within one year | 42/48 | €45,187 | €49,268 | +€4,081 | +9.0% |
| Trade debts | 44 | €1,220 | €4,907 | +€3,687 | +302.1% |
| Suppliers | 440/4 | €1,220 | €4,907 | +€3,687 | +302.1% |
| Taxes, remuneration and social security | 45 | €30,434 | €9,586 | -€20,848 | -68.5% |
| Taxes | 450/3 | €28,266 | €7,342 | -€20,924 | -74.0% |
| Remuneration and social security | 454/9 | €2,168 | €2,244 | +€76 | +3.5% |
| Other amounts payable | 47/48 | €13,533 | €34,775 | +€21,242 | +157.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,792 | €1,259 | -€533 | -29.8% |
| Other operating charges | 640/8 | €387 | €505 | +€118 | +30.4% |
| Gross operating margin | 9900 | €96,383 | €102,317 | +€5,933 | +6.2% |
| Operating profit (loss) | 9901 | €94,204 | €100,553 | +€6,349 | +6.7% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €99 | €89 | -€10 | -9.8% |
| Recurring financial charges | 65 | €99 | €89 | -€10 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €94,105 | €100,469 | +€6,364 | +6.8% |
| Income taxes | 67/77 | €19,265 | €20,931 | +€1,666 | +8.6% |
| Profit (loss) for the period | 9904 | €74,840 | €79,539 | +€4,698 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €74,840 | €79,539 | +€4,698 | +6.3% |
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 7 October 2026 via checked.be.