BEN VAN GEYTE: 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 GEYTE
Largest movements
- Cash -€138,673
down €138,673 (-73.9%), from €187,691 to €49,018
mainly Contributions, distributions and other (-€99,336) and Current investments (-€97,371)
- Current investments +€97,371
up €97,371 (+616.3%), from €15,800 to €113,171
- Receivables after one year -€32,600
down €32,600 (-47.2%), from €69,100 to €36,500
of which Other amounts receivable: -€69,100
- Tangible fixed assets +€7,152
up €7,152 (+51.3%), from €13,950 to €21,102
of which Other tangible fixed assets: +€9,182
- Reserves -€165,549
down €165,549 (-76.6%), from €216,191 to €50,642
- Other debts +€100,000
up €100,000, from €0 to €100,000
- Gross operating margin -€8,364
down €8,364 (-14.6%), from -€57,384 to -€65,748
- Taxes -€1,708
down €1,708, from €876 to -€832
- Depreciation +€1,012
up €1,012 (+24.5%), from €4,136 to €5,148
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 | €294,047 | €229,404 | -€64,643 | -22.0% |
| Fixed assets | 21/28 | €13,950 | €21,102 | +€7,152 | +51.3% |
| Tangible fixed assets | 22/27 | €13,950 | €21,102 | +€7,152 | +51.3% |
| Plant, machinery and equipment | 23 | €1,624 | €0 | -€1,624 | -100.0% |
| Furniture and vehicles | 24 | €580 | €174 | -€406 | -70.0% |
| Other tangible fixed assets | 26 | €11,747 | €20,928 | +€9,182 | +78.2% |
| Current assets | 29/58 | €280,097 | €208,302 | -€71,795 | -25.6% |
| Amounts receivable after more than one year | 29 | €69,100 | €36,500 | -€32,600 | -47.2% |
| Trade receivables | 290 | - | €36,500 | +€36,500 | |
| Other amounts receivable | 291 | €69,100 | - | -€69,100 | |
| Amounts receivable within one year | 40/41 | €462 | €2,902 | +€2,439 | +527.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €462 | €2,902 | +€2,439 | +527.7% |
| Current investments | 50/53 | €15,800 | €113,171 | +€97,371 | +616.3% |
| Cash at bank and in hand | 54/58 | €187,691 | €49,018 | -€138,673 | -73.9% |
| Deferred charges and accrued income | 490/1 | €7,043 | €6,710 | -€333 | -4.7% |
| Total equity and liabilities | 10/49 | €294,047 | €229,404 | -€64,643 | -22.0% |
| Equity | 10/15 | €292,791 | €127,242 | -€165,549 | -56.5% |
| Contributions | 10/11 | €76,600 | €76,600 | = | 0.0% |
| Reserves | 13 | €216,191 | €50,642 | -€165,549 | -76.6% |
| Distributable reserves | 133 | €216,191 | €50,642 | -€165,549 | -76.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,256 | €102,162 | +€100,906 | +8030.8% |
| Amounts payable within one year | 42/48 | €1,256 | €102,162 | +€100,906 | +8030.8% |
| Financial debts | 43 | €97 | €143 | +€46 | +47.8% |
| Credit institutions | 430/8 | €97 | €143 | +€46 | +47.8% |
| Trade debts | 44 | €1,159 | €2,019 | +€860 | +74.2% |
| Suppliers | 440/4 | €1,159 | €2,019 | +€860 | +74.2% |
| Taxes, remuneration and social security | 45 | €1 | €0 | -€1 | -100.0% |
| Taxes | 450/3 | €1 | €0 | -€1 | -100.0% |
| Other amounts payable | 47/48 | €0 | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,136 | €5,148 | +€1,012 | +24.5% |
| Other operating charges | 640/8 | €1,025 | €520 | -€505 | -49.3% |
| Gross operating margin | 9900 | -€57,384 | -€65,748 | -€8,364 | -14.6% |
| Operating profit (loss) | 9901 | -€62,545 | -€71,416 | -€8,870 | -14.2% |
| Financial income | 75/76B | €4,227 | €4,630 | +€402 | +9.5% |
| Recurring financial income | 75 | €4,227 | €4,630 | +€402 | +9.5% |
| Financial charges | 65/66B | €294 | €259 | -€35 | -11.9% |
| Recurring financial charges | 65 | €294 | €259 | -€35 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€58,612 | -€67,046 | -€8,433 | -14.4% |
| Income taxes | 67/77 | €876 | -€832 | -€1,708 | |
| Profit (loss) for the period | 9904 | -€59,488 | -€66,213 | -€6,725 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,488 | -€66,213 | -€6,725 | -11.3% |
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 2 October 2026 via checked.be.