BEN VAN DOOREN: 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 VAN DOOREN
Largest movements
- Tangible fixed assets +€27,086
up €27,086 (+70.9%), from €38,202 to €65,288
of which Leasing and similar rights: +€30,600
- Receivables within one year -€18,197
down €18,197 (-22.7%), from €80,035 to €61,838
of which Trade receivables: -€22,329
- Cash +€7,167
up €7,167 (+48.3%), from €14,852 to €22,018
mainly Receivables within one year (+€18,197) and Depreciation (+€14,508)
- Deferred charges and accrued income +€3,365
up €3,365 (+91.7%), from €3,668 to €7,033
- Debts after one year +€9,640
up €9,640 (+64.1%), from €15,050 to €24,690
- Reserves +€8,001
up €8,001 (+10.6%), from €75,307 to €83,308
- Trade debts -€6,004
down €6,004 (-39.3%), from €15,288 to €9,284
- Tax, wage and social debts +€4,411
up €4,411 (+30.4%), from €14,510 to €18,921
of which Remuneration and social security: +€3,141
- Current portion of long-term debt +€3,363
up €3,363 (+56.6%), from €5,946 to €9,309
- Gross operating margin -€35,428
down €35,428 (-29.1%), from €121,676 to €86,248
- Other operating charges -€12,757
down €12,757 (-86.7%), from €14,712 to €1,954
- Taxes -€11,778
down €11,778 (-75.7%), from €15,565 to €3,788
- Depreciation +€2,893
up €2,893 (+24.9%), from €11,615 to €14,508
- Staff costs +€2,857
up €2,857 (+5.3%), from €54,137 to €56,994
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 | €138,796 | €158,217 | +€19,421 | +14.0% |
| Fixed assets | 21/28 | €40,242 | €67,328 | +€27,086 | +67.3% |
| Tangible fixed assets | 22/27 | €38,202 | €65,288 | +€27,086 | +70.9% |
| Plant, machinery and equipment | 23 | €2,613 | €7,441 | +€4,828 | +184.7% |
| Furniture and vehicles | 24 | €35,588 | €27,246 | -€8,342 | -23.4% |
| Leasing and similar rights | 25 | - | €30,600 | +€30,600 | |
| Financial fixed assets | 28 | €2,040 | €2,040 | = | 0.0% |
| Current assets | 29/58 | €98,554 | €90,889 | -€7,665 | -7.8% |
| Amounts receivable within one year | 40/41 | €80,035 | €61,838 | -€18,197 | -22.7% |
| Trade receivables | 40 | €31,733 | €9,404 | -€22,329 | -70.4% |
| Other amounts receivable | 41 | €48,302 | €52,434 | +€4,132 | +8.6% |
| Cash at bank and in hand | 54/58 | €14,852 | €22,018 | +€7,167 | +48.3% |
| Deferred charges and accrued income | 490/1 | €3,668 | €7,033 | +€3,365 | +91.7% |
| Total equity and liabilities | 10/49 | €138,796 | €158,217 | +€19,421 | +14.0% |
| Equity | 10/15 | €87,907 | €95,908 | +€8,001 | +9.1% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €75,307 | €83,308 | +€8,001 | +10.6% |
| Distributable reserves | 133 | €75,307 | €83,308 | +€8,001 | +10.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €50,889 | €62,309 | +€11,420 | +22.4% |
| Amounts payable after more than one year | 17 | €15,050 | €24,690 | +€9,640 | +64.1% |
| Financial debts | 170/4 | €15,050 | €24,690 | +€9,640 | +64.1% |
| Amounts payable within one year | 42/48 | €35,839 | €37,619 | +€1,780 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €5,946 | €9,309 | +€3,363 | +56.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €15,288 | €9,284 | -€6,004 | -39.3% |
| Suppliers | 440/4 | €15,288 | €9,284 | -€6,004 | -39.3% |
| Taxes, remuneration and social security | 45 | €14,510 | €18,921 | +€4,411 | +30.4% |
| Taxes | 450/3 | €10,961 | €12,231 | +€1,270 | +11.6% |
| Remuneration and social security | 454/9 | €3,549 | €6,690 | +€3,141 | +88.5% |
| Other amounts payable | 47/48 | €95 | €104 | +€10 | +10.3% |
| Non-recurring operating income | 76A | - | €10,704 | +€10,704 | |
| Remuneration, social security and pensions | 62 | €54,137 | €56,994 | +€2,857 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,615 | €14,508 | +€2,893 | +24.9% |
| Other operating charges | 640/8 | €14,712 | €1,954 | -€12,757 | -86.7% |
| Gross operating margin | 9900 | €121,676 | €86,248 | -€35,428 | -29.1% |
| Operating profit (loss) | 9901 | €41,213 | €12,791 | -€28,421 | -69.0% |
| Financial income | 75/76B | €2,917 | €3,127 | +€211 | +7.2% |
| Recurring financial income | 75 | €2,917 | €3,127 | +€211 | +7.2% |
| Financial charges | 65/66B | €3,039 | €4,130 | +€1,091 | +35.9% |
| Recurring financial charges | 65 | €3,039 | €4,130 | +€1,091 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €41,091 | €11,789 | -€29,302 | -71.3% |
| Income taxes | 67/77 | €15,565 | €3,788 | -€11,778 | -75.7% |
| Profit (loss) for the period | 9904 | €25,525 | €8,001 | -€17,524 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,525 | €8,001 | -€17,524 | -68.7% |
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.