BENABLUE: 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.
BENABLUE
Largest movements
- Cash +€1.2m
up €1.2m (+4722.9%), from €25,407 to €1.2m
mainly Net result for the year (+€1.2m) and Other debts (+€705,882)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Receivables within one year +€13,201
up €13,201 (+374.0%), from €3,530 to €16,730
of which Other amounts receivable: +€11,819
- Other debts +€705,882
new in 2025: €705,882
- Profit (loss) carried forward +€484,395
new in 2025: €484,395
- Tax, wage and social debts -€13,730
down €13,730 (-96.9%), from €14,162 to €432
of which Taxes: -€10,650
- Gross operating margin +€1.6m
up €1.6m (+5089.1%), from €30,609 to €1.6m
- Taxes +€386,792
up €386,792 (+4991.7%), from €7,749 to €394,541
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 | €72,294 | €1,245,407 | +€1.2m | +1622.7% |
| Fixed assets | 21/28 | €2,667 | €2,602 | -€65 | -2.4% |
| Tangible fixed assets | 22/27 | €2,667 | €2,602 | -€65 | -2.4% |
| Plant, machinery and equipment | 23 | €1,192 | €949 | -€243 | -20.4% |
| Furniture and vehicles | 24 | €1,475 | €1,653 | +€178 | +12.0% |
| Current assets | 29/58 | €69,627 | €1,242,805 | +€1.2m | +1685.0% |
| Amounts receivable within one year | 40/41 | €3,530 | €16,730 | +€13,201 | +374.0% |
| Trade receivables | 40 | - | €1,381 | +€1,381 | |
| Other amounts receivable | 41 | €3,530 | €15,349 | +€11,819 | +334.9% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €25,407 | €1,225,359 | +€1.2m | +4722.9% |
| Deferred charges and accrued income | 490/1 | €690 | €715 | +€25 | +3.7% |
| Total equity and liabilities | 10/49 | €72,294 | €1,245,407 | +€1.2m | +1622.7% |
| Equity | 10/15 | €52,058 | €536,453 | +€484,395 | +930.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,058 | €47,058 | = | 0.0% |
| Distributable reserves | 133 | €47,058 | €47,058 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €484,395 | +€484,395 | |
| Amounts payable | 17/49 | €20,236 | €708,954 | +€688,718 | +3403.4% |
| Amounts payable within one year | 42/48 | €20,236 | €708,954 | +€688,718 | +3403.4% |
| Current portion of amounts payable after more than one year | 42 | €920 | €920 | = | 0.0% |
| Trade debts | 44 | €5,155 | €1,720 | -€3,435 | -66.6% |
| Suppliers | 440/4 | €5,155 | €1,720 | -€3,435 | -66.6% |
| Taxes, remuneration and social security | 45 | €14,162 | €432 | -€13,730 | -96.9% |
| Taxes | 450/3 | €10,650 | - | -€10,650 | |
| Remuneration and social security | 454/9 | €3,511 | €432 | -€3,079 | -87.7% |
| Other amounts payable | 47/48 | - | €705,882 | +€705,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €867 | €1,290 | +€423 | +48.8% |
| Other operating charges | 640/8 | €6,029 | €1,599 | -€4,430 | -73.5% |
| Gross operating margin | 9900 | €30,609 | €1,588,327 | +€1.6m | +5089.1% |
| Operating profit (loss) | 9901 | €23,713 | €1,585,438 | +€1.6m | +6586.1% |
| Financial income | 75/76B | €518 | €4,006 | +€3,489 | +674.1% |
| Recurring financial income | 75 | €518 | €4,006 | +€3,489 | +674.1% |
| Financial charges | 65/66B | €5,249 | €4,625 | -€624 | -11.9% |
| Recurring financial charges | 65 | €5,249 | €4,625 | -€624 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €18,981 | €1,584,819 | +€1.6m | +8249.5% |
| Income taxes | 67/77 | €7,749 | €394,541 | +€386,792 | +4991.7% |
| Profit (loss) for the period | 9904 | €11,232 | €1,190,278 | +€1.2m | +10496.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,232 | €1,190,278 | +€1.2m | +10496.9% |
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 8 October 2026 via checked.be.