BEN'S EVENTS: 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'S EVENTS
Largest movements
- Tangible fixed assets -€629,329
down €629,329 (-31.2%), from €2.0m to €1.4m
of which Other tangible fixed assets: -€565,690
- Receivables within one year +€448,025
up €448,025 (+35.3%), from €1.3m to €1.7m
of which Other amounts receivable: +€275,083
- Deferred charges and accrued income +€346,824
up €346,824 (+154%), from €225,662 to €572,486
- Intangible fixed assets -€55,529
down €55,529 (-42.1%), from €131,824 to €76,295
- Other debts +€317,373
new in 2025: €317,373
- Accrued charges and deferred income -€173,185
down €173,185 (-81.4%), from €212,785 to €39,600
- Financial income +€70,000
new in 2025: €70,000
of which Financial income: +€70,000
- Gross operating margin -€27,986
down €27,986 (-9.5%), from €294,246 to €266,260
- Staff costs -€17,471
no longer reported in 2025 (was €17,471)
- Write-downs -€6,355
no longer reported in 2025 (was €6,355)
- Depreciation -€5,397
down €5,397 (-1.6%), from €343,431 to €338,034
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,659,098 | €3,763,872 | +€104,773 | +2.9% |
| Fixed assets | 21/28 | €2,148,299 | €1,463,440 | -€684,858 | -31.9% |
| Intangible fixed assets | 21 | €131,824 | €76,295 | -€55,529 | -42.1% |
| Tangible fixed assets | 22/27 | €2,016,474 | €1,387,145 | -€629,329 | -31.2% |
| Land and buildings | 22 | €101,851 | €101,851 | = | 0.0% |
| Plant, machinery and equipment | 23 | €27,322 | €18,202 | -€9,119 | -33.4% |
| Furniture and vehicles | 24 | €186,171 | €131,651 | -€54,520 | -29.3% |
| Other tangible fixed assets | 26 | €1,701,130 | €1,135,440 | -€565,690 | -33.3% |
| Current assets | 29/58 | €1,510,800 | €2,300,431 | +€789,632 | +52.3% |
| Amounts receivable within one year | 40/41 | €1,270,371 | €1,718,396 | +€448,025 | +35.3% |
| Trade receivables | 40 | €414,583 | €587,526 | +€172,943 | +41.7% |
| Other amounts receivable | 41 | €855,788 | €1,130,871 | +€275,083 | +32.1% |
| Cash at bank and in hand | 54/58 | €14,767 | €9,549 | -€5,218 | -35.3% |
| Deferred charges and accrued income | 490/1 | €225,662 | €572,486 | +€346,824 | +154% |
| Total equity and liabilities | 10/49 | €3,659,098 | €3,763,872 | +€104,773 | +2.9% |
| Equity | 10/15 | €1,763,387 | €1,730,501 | -€32,887 | -1.9% |
| Contributions | 10/11 | €124,368 | €124,368 | = | 0.0% |
| Capital | 10 | €124,368 | €124,368 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Uncalled capital | 101 | €50,632 | €50,632 | = | 0.0% |
| Reserves | 13 | €1,622,362 | €1,622,362 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €1,604,862 | €1,604,862 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,657 | -€16,230 | -€32,887 | |
| Amounts payable | 17/49 | €1,895,711 | €2,033,371 | +€137,660 | +7.3% |
| Amounts payable after more than one year | 17 | €1,287,087 | €1,257,087 | -€30,000 | -2.3% |
| Financial debts | 170/4 | €1,257,087 | €1,257,087 | = | 0.0% |
| Other amounts payable | 178/9 | €30,000 | - | -€30,000 | |
| Amounts payable within one year | 42/48 | €395,839 | €736,685 | +€340,845 | +86.1% |
| Taxes, remuneration and social security | 45 | €395,839 | €419,311 | +€23,472 | +5.9% |
| Taxes | 450/3 | €350,470 | €374,382 | +€23,912 | +6.8% |
| Remuneration and social security | 454/9 | €45,369 | €44,929 | -€440 | -1.0% |
| Other amounts payable | 47/48 | - | €317,373 | +€317,373 | |
| Accrued charges and deferred income | 492/3 | €212,785 | €39,600 | -€173,185 | -81.4% |
| Remuneration, social security and pensions | 62 | €17,471 | - | -€17,471 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €343,431 | €338,034 | -€5,397 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,355 | - | -€6,355 | |
| Gross operating margin | 9900 | €294,246 | €266,260 | -€27,986 | -9.5% |
| Operating profit (loss) | 9901 | -€73,012 | -€71,774 | +€1,237 | +1.7% |
| Financial income | 75/76B | - | €70,000 | +€70,000 | |
| Recurring financial income | 75 | - | €70,000 | +€70,000 | |
| Non-recurring financial income | 76B | - | €70,000 | +€70,000 | |
| Financial charges | 65/66B | €805 | €89 | -€716 | -89.0% |
| Recurring financial charges | 65 | €805 | €89 | -€716 | -89.0% |
| Profit (loss) for the period before taxes | 9903 | -€73,817 | -€1,863 | +€71,953 | +97.5% |
| Profit (loss) for the period | 9904 | -€73,817 | -€1,863 | +€71,953 | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,817 | -€1,863 | +€71,953 | +97.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.