BENAT CONSULTING: 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.
BENAT CONSULTING
Largest movements
- Cash -€111,873
down €111,873 (-72.8%), from €153,625 to €41,753
mainly Short-term financial debts (-€210,000) and Debts after one year (-€15,843)
- Tangible fixed assets -€22,325
down €22,325 (-10.6%), from €211,071 to €188,746
of which Land and buildings: -€21,183
- Short-term financial debts -€210,000
no longer reported in 2025 (was €210,000)
- Other debts +€43,879
up €43,879 (+1,256%), from €3,493 to €47,372
- Reserves +€23,000
up €23,000 (+2,513%), from €915 to €23,915
of which Distributable reserves: +€23,000
- Tax, wage and social debts +€20,071
up €20,071 (+4,752%), from €422 to €20,493
- Debts after one year -€15,843
down €15,843 (-10.7%), from €147,468 to €131,625
of which Financial debts: -€18,228
- Financial charges -€41,102
down €41,102 (-83.9%), from €49,014 to €7,911
- Gross operating margin -€26,068
down €26,068 (-23.7%), from €109,760 to €83,692
- Taxes +€11,970
new in 2025: €11,970
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 | €401,291 | €263,671 | -€137,620 | -34.3% |
| Fixed assets | 21/28 | €212,021 | €189,328 | -€22,693 | -10.7% |
| Intangible fixed assets | 21 | €950 | €582 | -€368 | -38.8% |
| Tangible fixed assets | 22/27 | €211,071 | €188,746 | -€22,325 | -10.6% |
| Land and buildings | 22 | €206,936 | €185,753 | -€21,183 | -10.2% |
| Plant, machinery and equipment | 23 | €1,522 | €662 | -€860 | -56.5% |
| Furniture and vehicles | 24 | €2,613 | €2,331 | -€282 | -10.8% |
| Current assets | 29/58 | €189,270 | €74,343 | -€114,927 | -60.7% |
| Amounts receivable within one year | 40/41 | €34,605 | €32,311 | -€2,294 | -6.6% |
| Other amounts receivable | 41 | €34,605 | €32,311 | -€2,294 | -6.6% |
| Cash at bank and in hand | 54/58 | €153,625 | €41,753 | -€111,873 | -72.8% |
| Deferred charges and accrued income | 490/1 | €1,040 | €279 | -€760 | -73.1% |
| Total equity and liabilities | 10/49 | €401,291 | €263,671 | -€137,620 | -34.3% |
| Equity | 10/15 | €11,021 | €44,879 | +€33,858 | +307% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €915 | €23,915 | +€23,000 | +2,513% |
| Non-distributable reserves | 130/1 | €915 | €915 | = | 0.0% |
| Reserves not available under the articles | 1311 | €915 | €915 | = | 0.0% |
| Distributable reserves | 133 | - | €23,000 | +€23,000 | |
| Profit (loss) carried forward | 14 | -€8,494 | €2,363 | +€10,858 | |
| Amounts payable | 17/49 | €390,270 | €218,792 | -€171,477 | -43.9% |
| Amounts payable after more than one year | 17 | €147,468 | €131,625 | -€15,843 | -10.7% |
| Financial debts | 170/4 | €136,668 | €118,440 | -€18,228 | -13.3% |
| Other amounts payable | 178/9 | €10,800 | €13,185 | +€2,385 | +22.1% |
| Amounts payable within one year | 42/48 | €233,557 | €87,167 | -€146,390 | -62.7% |
| Current portion of amounts payable after more than one year | 42 | €17,517 | €17,537 | +€19 | +0.1% |
| Financial debts | 43 | €210,000 | - | -€210,000 | |
| Other loans | 439 | €210,000 | - | -€210,000 | |
| Trade debts | 44 | €2,125 | €1,765 | -€360 | -16.9% |
| Suppliers | 440/4 | €2,125 | €1,765 | -€360 | -16.9% |
| Taxes, remuneration and social security | 45 | €422 | €20,493 | +€20,071 | +4,752% |
| Taxes | 450/3 | €422 | €20,493 | +€20,071 | +4,752% |
| Other amounts payable | 47/48 | €3,493 | €47,372 | +€43,879 | +1,256% |
| Accrued charges and deferred income | 492/3 | €9,244 | - | -€9,244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,328 | €22,693 | +€366 | +1.6% |
| Other operating charges | 640/8 | €7,082 | €7,322 | +€240 | +3.4% |
| Gross operating margin | 9900 | €109,760 | €83,692 | -€26,068 | -23.7% |
| Operating profit (loss) | 9901 | €80,350 | €53,676 | -€26,674 | -33.2% |
| Financial income | 75/76B | €13 | €63 | +€50 | +375% |
| Recurring financial income | 75 | €13 | €63 | +€50 | +375% |
| Financial charges | 65/66B | €49,014 | €7,911 | -€41,102 | -83.9% |
| Recurring financial charges | 65 | €49,014 | €7,911 | -€41,102 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €31,349 | €45,828 | +€14,478 | +46.2% |
| Income taxes | 67/77 | - | €11,970 | +€11,970 | |
| Profit (loss) for the period | 9904 | €31,349 | €33,858 | +€2,508 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,349 | €33,858 | +€2,508 | +8.0% |
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 25 October 2026 via checked.be.