BEN'S BRANDS: 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.
What changed
BEN'S BRANDS
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€37,594
2024 · -€24,422+€62,016
Equity
€28,594
2024 · -€9,000+€37,594
Cash
€52,164
2024 · €50,622+€1,542
Balance sheet total
€624,765
2024 · €612,298+€12,468
Largest movements
Assets
- Tangible fixed assets +€8,244
up €8,244 (+1.5%), from €535,512 to €543,756
of which Furniture and vehicles: +€14,199
Equity and liabilities
- Profit (loss) carried forward +€37,594
up €37,594 (+45.7%), from -€82,200 to -€44,606
- Debts after one year -€19,893
down €19,893 (-5.1%), from €389,383 to €369,490
Income statement
- Gross operating margin +€44,969
up €44,969 (+12.5%), from €359,628 to €404,597
- Staff costs -€22,857
down €22,857 (-6.6%), from €344,648 to €321,791
- Depreciation +€5,030
up €5,030 (+18.8%), from €26,792 to €31,822
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.
Result 2024
-€24,422
Gross operating margin
+€44,969
Staff costs
+€22,857
Depreciation
-€5,030
Other operating charges
-€1,776
Financial income
-€37
Financial charges
+€1,063
Taxes
-€30
Result 2025
€37,594
raises the resultlowers the result
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.
From operations
+€59,486
Investment
-€38,416
Financing
-€19,528
Cash 2024
€50,622
From operations (derived)
+€59,486
Net result for the year
+€37,594
Depreciation
+€31,822
Stocks and contracts
+€1,250
Receivables within one year
-€6,113
Deferred charges and accrued income
+€531
Trade debts
-€5,557
Tax, wage and social debts
+€2,214
Other debts
-€2,588
Accrued charges and deferred income
+€332
Investment (derived)
-€38,416
Investment in fixed assets (net)
-€38,416
Financing
-€19,528
Debts after one year
-€19,893
Current portion of long-term debt
+€365
Cash 2025
€52,164
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €612,298 | €624,765 | +€12,468 | +2.0% |
| Fixed assets | 21/28 | €537,162 | €543,756 | +€6,594 | +1.2% |
| Tangible fixed assets | 22/27 | €535,512 | €543,756 | +€8,244 | +1.5% |
| Land and buildings | 22 | €454,452 | €442,744 | -€11,708 | -2.6% |
| Plant, machinery and equipment | 23 | €1,639 | €795 | -€844 | -51.5% |
| Furniture and vehicles | 24 | €10,580 | €24,779 | +€14,199 | +134% |
| Other tangible fixed assets | 26 | €68,841 | €75,438 | +€6,596 | +9.6% |
| Financial fixed assets | 28 | €1,650 | - | -€1,650 | |
| Current assets | 29/58 | €75,136 | €81,010 | +€5,874 | +7.8% |
| Stocks and contracts in progress | 3 | €5,750 | €4,500 | -€1,250 | -21.7% |
| Stocks | 30/36 | €5,750 | €4,500 | -€1,250 | -21.7% |
| Amounts receivable within one year | 40/41 | €10,621 | €16,734 | +€6,113 | +57.6% |
| Trade receivables | 40 | €122 | - | -€122 | |
| Other amounts receivable | 41 | €10,499 | €16,734 | +€6,234 | +59.4% |
| Cash at bank and in hand | 54/58 | €50,622 | €52,164 | +€1,542 | +3.0% |
| Deferred charges and accrued income | 490/1 | €8,143 | €7,612 | -€531 | -6.5% |
| Total equity and liabilities | 10/49 | €612,298 | €624,765 | +€12,468 | +2.0% |
| Equity | 10/15 | -€9,000 | €28,594 | +€37,594 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €23,200 | €23,200 | = | 0.0% |
| Distributable reserves | 133 | €23,200 | €23,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,200 | -€44,606 | +€37,594 | +45.7% |
| Amounts payable | 17/49 | €621,298 | €596,171 | -€25,127 | -4.0% |
| Amounts payable after more than one year | 17 | €389,383 | €369,490 | -€19,893 | -5.1% |
| Financial debts | 170/4 | €389,383 | €369,490 | -€19,893 | -5.1% |
| Amounts payable within one year | 42/48 | €231,537 | €225,972 | -€5,565 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €19,528 | €19,893 | +€365 | +1.9% |
| Trade debts | 44 | €45,343 | €39,786 | -€5,557 | -12.3% |
| Suppliers | 440/4 | €45,343 | €39,786 | -€5,557 | -12.3% |
| Taxes, remuneration and social security | 45 | €33,034 | €35,248 | +€2,214 | +6.7% |
| Taxes | 450/3 | €25 | €401 | +€376 | +1,510% |
| Remuneration and social security | 454/9 | €33,009 | €34,848 | +€1,838 | +5.6% |
| Other amounts payable | 47/48 | €133,632 | €131,045 | -€2,588 | -1.9% |
| Accrued charges and deferred income | 492/3 | €378 | €710 | +€332 | +87.9% |
| Remuneration, social security and pensions | 62 | €344,648 | €321,791 | -€22,857 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,792 | €31,822 | +€5,030 | +18.8% |
| Other operating charges | 640/8 | €2,694 | €4,471 | +€1,776 | +65.9% |
| Gross operating margin | 9900 | €359,628 | €404,597 | +€44,969 | +12.5% |
| Operating profit (loss) | 9901 | -€14,507 | €46,513 | +€61,020 | |
| Financial income | 75/76B | €59 | €22 | -€37 | -62.5% |
| Recurring financial income | 75 | €59 | €22 | -€37 | -62.5% |
| Financial charges | 65/66B | €9,684 | €8,621 | -€1,063 | -11.0% |
| Recurring financial charges | 65 | €9,684 | €8,621 | -€1,063 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€24,131 | €37,914 | +€62,046 | |
| Income taxes | 67/77 | €290 | €320 | +€30 | +10.3% |
| Profit (loss) for the period | 9904 | -€24,422 | €37,594 | +€62,016 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,422 | €37,594 | +€62,016 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.