BEN M'EAU: 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 M'EAU
Largest movements
- Cash +€88,111
up €88,111 (+270.0%), from €32,628 to €120,739
mainly Net result for the year (+€50,271) and Debts after one year (+€30,960)
- Tangible fixed assets +€24,047
up €24,047 (+286.3%), from €8,400 to €32,447
of which Land and buildings: +€26,450
- Receivables within one year -€14,703
down €14,703 (-54.1%), from €27,197 to €12,494
of which Trade receivables: -€13,001
- Stocks and contracts +€4,514
up €4,514 (+36.1%), from €12,500 to €17,014
- Profit (loss) carried forward +€49,438
up €49,438 (+195.6%), from €25,270 to €74,708
- Debts after one year +€30,960
new in 2025: €30,960
- Accrued charges and deferred income +€28,263
up €28,263 (+530.4%), from €5,329 to €33,592
- Trade debts -€17,870
down €17,870 (-78.7%), from €22,703 to €4,833
- Tax, wage and social debts +€10,760
up €10,760 (+122.5%), from €8,787 to €19,547
of which Taxes: +€12,560
- Gross operating margin +€38,892
up €38,892 (+113.8%), from €34,182 to €73,074
- Depreciation +€7,301
up €7,301 (+534.1%), from €1,367 to €8,668
- Taxes +€6,107
up €6,107 (+93.7%), from €6,518 to €12,625
- Financial charges +€1,604
up €1,604 (+495.1%), from €324 to €1,928
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 | €81,758 | €184,140 | +€102,382 | +125.2% |
| Fixed assets | 21/28 | €8,400 | €32,447 | +€24,047 | +286.3% |
| Tangible fixed assets | 22/27 | €8,400 | €32,447 | +€24,047 | +286.3% |
| Land and buildings | 22 | - | €26,450 | +€26,450 | |
| Plant, machinery and equipment | 23 | €750 | - | -€750 | |
| Furniture and vehicles | 24 | €7,650 | €5,997 | -€1,653 | -21.6% |
| Current assets | 29/58 | €73,358 | €151,693 | +€78,335 | +106.8% |
| Stocks and contracts in progress | 3 | €12,500 | €17,014 | +€4,514 | +36.1% |
| Stocks | 30/36 | €12,500 | €17,014 | +€4,514 | +36.1% |
| Amounts receivable within one year | 40/41 | €27,197 | €12,494 | -€14,703 | -54.1% |
| Trade receivables | 40 | €23,157 | €10,156 | -€13,001 | -56.1% |
| Other amounts receivable | 41 | €4,040 | €2,338 | -€1,702 | -42.1% |
| Cash at bank and in hand | 54/58 | €32,628 | €120,739 | +€88,111 | +270.0% |
| Deferred charges and accrued income | 490/1 | €1,033 | €1,446 | +€413 | +40.0% |
| Total equity and liabilities | 10/49 | €81,758 | €184,140 | +€102,382 | +125.2% |
| Equity | 10/15 | €28,270 | €77,708 | +€49,438 | +174.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,270 | €74,708 | +€49,438 | +195.6% |
| Amounts payable | 17/49 | €53,488 | €106,432 | +€52,944 | +99.0% |
| Amounts payable after more than one year | 17 | - | €30,960 | +€30,960 | |
| Financial debts | 170/4 | - | €30,960 | +€30,960 | |
| Amounts payable within one year | 42/48 | €48,159 | €41,880 | -€6,279 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | - | €5,238 | +€5,238 | |
| Trade debts | 44 | €22,703 | €4,833 | -€17,870 | -78.7% |
| Suppliers | 440/4 | €22,703 | €4,833 | -€17,870 | -78.7% |
| Taxes, remuneration and social security | 45 | €8,787 | €19,547 | +€10,760 | +122.5% |
| Taxes | 450/3 | €6,987 | €19,547 | +€12,560 | +179.8% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Other amounts payable | 47/48 | €16,669 | €12,262 | -€4,407 | -26.4% |
| Accrued charges and deferred income | 492/3 | €5,329 | €33,592 | +€28,263 | +530.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,367 | €8,668 | +€7,301 | +534.1% |
| Other operating charges | 640/8 | €607 | €277 | -€330 | -54.4% |
| Gross operating margin | 9900 | €34,182 | €73,074 | +€38,892 | +113.8% |
| Operating profit (loss) | 9901 | €32,208 | €64,129 | +€31,921 | +99.1% |
| Financial income | 75/76B | €704 | €695 | -€9 | -1.3% |
| Recurring financial income | 75 | €704 | €695 | -€9 | -1.3% |
| Financial charges | 65/66B | €324 | €1,928 | +€1,604 | +495.1% |
| Recurring financial charges | 65 | €324 | €1,928 | +€1,604 | +495.1% |
| Profit (loss) for the period before taxes | 9903 | €32,588 | €62,896 | +€30,308 | +93.0% |
| Income taxes | 67/77 | €6,518 | €12,625 | +€6,107 | +93.7% |
| Profit (loss) for the period | 9904 | €26,070 | €50,271 | +€24,201 | +92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,070 | €50,271 | +€24,201 | +92.8% |
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 4 October 2026 via checked.be.