BENACO: 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.
BENACO
Largest movements
- Receivables within one year +€24,250
up €24,250 (+45.4%), from €53,398 to €77,648
- Tangible fixed assets -€12,478
down €12,478 (-4.9%), from €255,026 to €242,548
- Other debts +€37,878
up €37,878 (+217%), from €17,450 to €55,328
- Reserves -€27,105
down €27,105 (-9.4%), from €286,930 to €259,825
of which Distributable reserves: -€25,530
- Gross operating margin +€16,994
up €16,994 (+76.5%), from €22,227 to €39,222
- Taxes +€5,263
up €5,263 (+5,536%), from €95 to €5,359
- Depreciation +€628
up €628 (+3.7%), from €17,132 to €17,760
- Financial charges -€410
down €410 (-45.6%), from €899 to €489
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 | €311,240 | €324,502 | +€13,262 | +4.3% |
| Fixed assets | 21/28 | €255,026 | €242,548 | -€12,478 | -4.9% |
| Tangible fixed assets | 22/27 | €255,026 | €242,548 | -€12,478 | -4.9% |
| Land and buildings | 22 | €255,026 | €242,548 | -€12,478 | -4.9% |
| Current assets | 29/58 | €56,213 | €81,954 | +€25,740 | +45.8% |
| Amounts receivable within one year | 40/41 | €53,398 | €77,648 | +€24,250 | +45.4% |
| Other amounts receivable | 41 | €53,398 | €77,648 | +€24,250 | +45.4% |
| Cash at bank and in hand | 54/58 | €1,804 | €3,248 | +€1,444 | +80.0% |
| Deferred charges and accrued income | 490/1 | €1,011 | €1,058 | +€47 | +4.6% |
| Total equity and liabilities | 10/49 | €311,240 | €324,502 | +€13,262 | +4.3% |
| Equity | 10/15 | €290,978 | €263,775 | -€27,203 | -9.3% |
| Contributions | 10/11 | €3,950 | €3,950 | = | 0.0% |
| Reserves | 13 | €286,930 | €259,825 | -€27,105 | -9.4% |
| Non-distributable reserves | 130/1 | €1,575 | €0 | -€1,575 | -100% |
| Reserves not available under the articles | 1311 | €1,575 | €0 | -€1,575 | -100% |
| Distributable reserves | 133 | €285,356 | €259,825 | -€25,530 | -8.9% |
| Profit (loss) carried forward | 14 | €98 | €0 | -€98 | -100% |
| Amounts payable | 17/49 | €20,262 | €60,726 | +€40,465 | +200% |
| Amounts payable within one year | 42/48 | €17,938 | €58,100 | +€40,162 | +224% |
| Trade debts | 44 | €420 | €1,413 | +€993 | +236% |
| Suppliers | 440/4 | €420 | €1,413 | +€993 | +236% |
| Taxes, remuneration and social security | 45 | €67 | €1,359 | +€1,292 | +1,929% |
| Taxes | 450/3 | €67 | €1,359 | +€1,292 | +1,929% |
| Other amounts payable | 47/48 | €17,450 | €55,328 | +€37,878 | +217% |
| Accrued charges and deferred income | 492/3 | €2,324 | €2,626 | +€302 | +13.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,132 | €17,760 | +€628 | +3.7% |
| Other operating charges | 640/8 | €5,195 | €5,108 | -€88 | -1.7% |
| Gross operating margin | 9900 | €22,227 | €39,222 | +€16,994 | +76.5% |
| Operating profit (loss) | 9901 | -€100 | €16,354 | +€16,454 | |
| Financial income | 75/76B | €1,192 | €1,278 | +€86 | +7.2% |
| Recurring financial income | 75 | €1,192 | €1,278 | +€86 | +7.2% |
| Financial charges | 65/66B | €899 | €489 | -€410 | -45.6% |
| Recurring financial charges | 65 | €899 | €489 | -€410 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €193 | €17,143 | +€16,950 | +8,788% |
| Income taxes | 67/77 | €95 | €5,359 | +€5,263 | +5,536% |
| Profit (loss) for the period | 9904 | €98 | €11,784 | +€11,687 | +11,951% |
| Profit (loss) for the period to be appropriated | 9905 | €98 | €11,784 | +€11,687 | +11,951% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.