Benaga: what changed
Benaga
Largest movements
- Cash +€162,572
up €162,572 (+238%), from €68,284 to €230,857
mainly Net result for the year (+€193,078) and Trade debts (+€1,567)
- Receivables within one year +€20,000
up €20,000 (+51.6%), from €38,770 to €58,770
of which Other amounts receivable: +€22,402
- Deferred charges and accrued income +€4,810
up €4,810 (+454%), from €1,058 to €5,869
- Reserves +€193,078
up €193,078 (+290%), from €66,538 to €259,615
- Tax, wage and social debts -€3,978
down €3,978 (-11.2%), from €35,404 to €31,426
- Other debts -€3,284
down €3,284 (-100%), from €3,284 to €0
- Gross operating margin +€170,991
up €170,991 (+205%), from €83,595 to €254,586
- Taxes +€44,294
up €44,294 (+266%), from €16,670 to €60,964
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,113 | €295,496 | +€187,382 | +173% |
| Current assets | 29/58 | €108,113 | €295,496 | +€187,382 | +173% |
| Amounts receivable within one year | 40/41 | €38,770 | €58,770 | +€20,000 | +51.6% |
| Trade receivables | 40 | €38,520 | €36,119 | -€2,402 | -6.2% |
| Other amounts receivable | 41 | €250 | €22,652 | +€22,402 | +8,961% |
| Cash at bank and in hand | 54/58 | €68,284 | €230,857 | +€162,572 | +238% |
| Deferred charges and accrued income | 490/1 | €1,058 | €5,869 | +€4,810 | +454% |
| Total equity and liabilities | 10/49 | €108,113 | €295,496 | +€187,382 | +173% |
| Equity | 10/15 | €69,038 | €262,115 | +€193,078 | +280% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €66,538 | €259,615 | +€193,078 | +290% |
| Distributable reserves | 133 | €66,538 | €259,615 | +€193,078 | +290% |
| Amounts payable | 17/49 | €39,075 | €33,380 | -€5,695 | -14.6% |
| Amounts payable within one year | 42/48 | €39,075 | €33,380 | -€5,695 | -14.6% |
| Trade debts | 44 | €387 | €1,955 | +€1,567 | +405% |
| Suppliers | 440/4 | €387 | €1,955 | +€1,567 | +405% |
| Taxes, remuneration and social security | 45 | €35,404 | €31,426 | -€3,978 | -11.2% |
| Taxes | 450/3 | €35,404 | €31,426 | -€3,978 | -11.2% |
| Other amounts payable | 47/48 | €3,284 | €0 | -€3,284 | -100% |
| Other operating charges | 640/8 | €387 | €533 | +€146 | +37.6% |
| Gross operating margin | 9900 | €83,595 | €254,586 | +€170,991 | +205% |
| Operating profit (loss) | 9901 | €83,207 | €254,053 | +€170,846 | +205% |
| Financial charges | 65/66B | - | €11 | +€11 | |
| Recurring financial charges | 65 | - | €11 | +€11 | |
| Profit (loss) for the period before taxes | 9903 | €83,207 | €254,042 | +€170,834 | +205% |
| Income taxes | 67/77 | €16,670 | €60,964 | +€44,294 | +266% |
| Profit (loss) for the period | 9904 | €66,538 | €193,078 | +€126,540 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €66,538 | €193,078 | +€126,540 | +190% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.