BEN VAN HASSELT: 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 VAN HASSELT
Largest movements
- Tangible fixed assets +€13,309
up €13,309 (+4,719%), from €282 to €13,591
- Receivables within one year +€6,248
up €6,248 (+30.3%), from €20,605 to €26,853
of which Trade receivables: +€4,067
- Cash -€1,847
down €1,847 (-2.4%), from €77,589 to €75,743
mainly Investment in fixed assets (net) (-€14,110) and Contributions, distributions and other (-€13,919)
- Other debts +€13,919
new in 2025: €13,919
- Tax, wage and social debts +€3,485
up €3,485 (+74.6%), from €4,673 to €8,158
- Reserves -€1,747
down €1,747 (-1.7%), from €100,101 to €98,354
- Trade debts +€1,710
up €1,710 (+536%), from €319 to €2,029
- Gross operating margin +€15,237
up €15,237 (+265%), from €5,757 to €20,995
- Taxes +€4,050
up €4,050 (+352%), from €1,150 to €5,200
- Financial charges +€2,211
up €2,211 (+414%), from €534 to €2,745
- Other operating charges +€219
up €219 (+28.0%), from €780 to €999
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 | €117,493 | €134,860 | +€17,367 | +14.8% |
| Fixed assets | 21/28 | €282 | €13,591 | +€13,309 | +4,719% |
| Tangible fixed assets | 22/27 | €282 | €13,591 | +€13,309 | +4,719% |
| Furniture and vehicles | 24 | €282 | €13,591 | +€13,309 | +4,719% |
| Current assets | 29/58 | €117,211 | €121,269 | +€4,058 | +3.5% |
| Stocks and contracts in progress | 3 | €16,500 | €16,500 | = | 0.0% |
| Stocks | 30/36 | €16,500 | €16,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,605 | €26,853 | +€6,248 | +30.3% |
| Trade receivables | 40 | €4,848 | €8,915 | +€4,067 | +83.9% |
| Other amounts receivable | 41 | €15,757 | €17,938 | +€2,180 | +13.8% |
| Cash at bank and in hand | 54/58 | €77,589 | €75,743 | -€1,847 | -2.4% |
| Deferred charges and accrued income | 490/1 | €2,517 | €2,174 | -€343 | -13.6% |
| Total equity and liabilities | 10/49 | €117,493 | €134,860 | +€17,367 | +14.8% |
| Equity | 10/15 | €112,501 | €110,754 | -€1,747 | -1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €100,101 | €98,354 | -€1,747 | -1.7% |
| Distributable reserves | 133 | €100,101 | €98,354 | -€1,747 | -1.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €4,992 | €24,106 | +€19,114 | +383% |
| Amounts payable within one year | 42/48 | €4,992 | €24,106 | +€19,114 | +383% |
| Trade debts | 44 | €319 | €2,029 | +€1,710 | +536% |
| Suppliers | 440/4 | €319 | €2,029 | +€1,710 | +536% |
| Taxes, remuneration and social security | 45 | €4,673 | €8,158 | +€3,485 | +74.6% |
| Taxes | 450/3 | €4,673 | €8,158 | +€3,485 | +74.6% |
| Other amounts payable | 47/48 | - | €13,919 | +€13,919 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €857 | €800 | -€56 | -6.6% |
| Other operating charges | 640/8 | €780 | €999 | +€219 | +28.0% |
| Gross operating margin | 9900 | €5,757 | €20,995 | +€15,237 | +265% |
| Operating profit (loss) | 9901 | €4,120 | €19,195 | +€15,075 | +366% |
| Financial income | 75/76B | €1,072 | €922 | -€150 | -14.0% |
| Recurring financial income | 75 | €1,072 | €922 | -€150 | -14.0% |
| Financial charges | 65/66B | €534 | €2,745 | +€2,211 | +414% |
| Recurring financial charges | 65 | €534 | €2,745 | +€2,211 | +414% |
| Profit (loss) for the period before taxes | 9903 | €4,658 | €17,372 | +€12,714 | +273% |
| Income taxes | 67/77 | €1,150 | €5,200 | +€4,050 | +352% |
| Profit (loss) for the period | 9904 | €3,508 | €12,172 | +€8,665 | +247% |
| Profit (loss) for the period to be appropriated | 9905 | €3,508 | €12,172 | +€8,665 | +247% |
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 16 October 2026 via checked.be.