BEN MARKET: 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 MARKET
Largest movements
- Cash +€42,975
up €42,975 (+394%), from €10,909 to €53,884
mainly Other debts (+€26,761) and Net result for the year (+€7,407)
- Receivables within one year -€5,538
down €5,538 (-37.1%), from €14,945 to €9,408
of which Other amounts receivable: -€4,883
- Stocks and contracts +€3,825
up €3,825 (+6.3%), from €60,441 to €64,266
- Tangible fixed assets -€2,158
down €2,158 (-59.0%), from €3,660 to €1,502
of which Furniture and vehicles: -€1,790
- Other debts +€26,761
up €26,761 (+72.9%), from €36,700 to €63,461
- Profit (loss) carried forward +€7,407
up €7,407 (+72.7%), from -€10,190 to -€2,783
- Tax, wage and social debts +€6,517
up €6,517 (+46.3%), from €14,066 to €20,584
of which Taxes: +€3,627
- Trade debts -€1,409
down €1,409 (-4.3%), from €32,579 to €31,170
- Gross operating margin -€24,047
down €24,047 (-38.0%), from €63,217 to €39,169
- Staff costs -€20,249
down €20,249 (-47.4%), from €42,684 to €22,435
- Other operating charges -€3,613
down €3,613 (-55.5%), from €6,513 to €2,900
- Depreciation -€1,015
down €1,015 (-32.0%), from €3,174 to €2,158
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 | €91,755 | €131,031 | +€39,276 | +42.8% |
| Fixed assets | 21/28 | €3,974 | €1,816 | -€2,158 | -54.3% |
| Tangible fixed assets | 22/27 | €3,660 | €1,502 | -€2,158 | -59.0% |
| Plant, machinery and equipment | 23 | €368 | - | -€368 | |
| Furniture and vehicles | 24 | €3,292 | €1,502 | -€1,790 | -54.4% |
| Financial fixed assets | 28 | €314 | €314 | = | 0.0% |
| Current assets | 29/58 | €87,781 | €129,216 | +€41,434 | +47.2% |
| Stocks and contracts in progress | 3 | €60,441 | €64,266 | +€3,825 | +6.3% |
| Stocks | 30/36 | €60,441 | €64,266 | +€3,825 | +6.3% |
| Amounts receivable within one year | 40/41 | €14,945 | €9,408 | -€5,538 | -37.1% |
| Trade receivables | 40 | €655 | - | -€655 | |
| Other amounts receivable | 41 | €14,290 | €9,408 | -€4,883 | -34.2% |
| Cash at bank and in hand | 54/58 | €10,909 | €53,884 | +€42,975 | +394% |
| Deferred charges and accrued income | 490/1 | €1,487 | €1,659 | +€172 | +11.5% |
| Total equity and liabilities | 10/49 | €91,755 | €131,031 | +€39,276 | +42.8% |
| Equity | 10/15 | €8,410 | €15,817 | +€7,407 | +88.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,190 | -€2,783 | +€7,407 | +72.7% |
| Amounts payable | 17/49 | €83,345 | €115,215 | +€31,869 | +38.2% |
| Amounts payable within one year | 42/48 | €83,345 | €115,215 | +€31,869 | +38.2% |
| Trade debts | 44 | €32,579 | €31,170 | -€1,409 | -4.3% |
| Suppliers | 440/4 | €32,579 | €31,170 | -€1,409 | -4.3% |
| Taxes, remuneration and social security | 45 | €14,066 | €20,584 | +€6,517 | +46.3% |
| Taxes | 450/3 | €325 | €3,952 | +€3,627 | +1,115% |
| Remuneration and social security | 454/9 | €13,741 | €16,631 | +€2,890 | +21.0% |
| Other amounts payable | 47/48 | €36,700 | €63,461 | +€26,761 | +72.9% |
| Remuneration, social security and pensions | 62 | €42,684 | €22,435 | -€20,249 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,174 | €2,158 | -€1,015 | -32.0% |
| Other operating charges | 640/8 | €6,513 | €2,900 | -€3,613 | -55.5% |
| Gross operating margin | 9900 | €63,217 | €39,169 | -€24,047 | -38.0% |
| Operating profit (loss) | 9901 | €10,846 | €11,676 | +€830 | +7.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €639 | €642 | +€3 | +0.5% |
| Recurring financial charges | 65 | €639 | €642 | +€3 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €10,210 | €11,034 | +€824 | +8.1% |
| Income taxes | 67/77 | €3,722 | €3,627 | -€95 | -2.5% |
| Profit (loss) for the period | 9904 | €6,488 | €7,407 | +€919 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,488 | €7,407 | +€919 | +14.2% |
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 23 October 2026 via checked.be.