Benava: 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.
Benava
Largest movements
- Tangible fixed assets -€240,662
down €240,662 (-11.5%), from €2.1m to €1.8m
of which Plant, machinery and equipment: -€140,630
- Cash +€138,100
up €138,100 (+67.5%), from €204,442 to €342,542
mainly Depreciation (+€240,662) and Net result for the year (+€102,510)
- Receivables within one year -€62,891
down €62,891 (-8.2%), from €768,598 to €705,707
of which Trade receivables: -€64,679
- Debts after one year -€198,954
down €198,954 (-19.6%), from €1.0m to €817,356
- Advances received +€42,112
new in 2025: €42,112
- Gross operating margin +€43,973
up €43,973 (+8.9%), from €491,459 to €535,432
- Taxes +€18,306
up €18,306 (+73.7%), from €24,825 to €43,131
- Financial charges -€7,363
down €7,363 (-20.2%), from €36,505 to €29,142
- Other operating charges +€6,306
up €6,306 (+23.7%), from €26,578 to €32,884
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 | €3,060,665 | €2,894,230 | -€166,435 | -5.4% |
| Fixed assets | 21/28 | €2,084,005 | €1,843,343 | -€240,662 | -11.5% |
| Tangible fixed assets | 22/27 | €2,083,905 | €1,843,243 | -€240,662 | -11.5% |
| Land and buildings | 22 | €1,705,367 | €1,627,479 | -€77,888 | -4.6% |
| Plant, machinery and equipment | 23 | €284,560 | €143,930 | -€140,630 | -49.4% |
| Furniture and vehicles | 24 | €93,978 | €71,834 | -€22,144 | -23.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €976,659 | €1,050,887 | +€74,227 | +7.6% |
| Amounts receivable within one year | 40/41 | €768,598 | €705,707 | -€62,891 | -8.2% |
| Trade receivables | 40 | €753,518 | €688,839 | -€64,679 | -8.6% |
| Other amounts receivable | 41 | €15,080 | €16,869 | +€1,788 | +11.9% |
| Cash at bank and in hand | 54/58 | €204,442 | €342,542 | +€138,100 | +67.5% |
| Deferred charges and accrued income | 490/1 | €3,619 | €2,638 | -€981 | -27.1% |
| Total equity and liabilities | 10/49 | €3,060,665 | €2,894,230 | -€166,435 | -5.4% |
| Equity | 10/15 | €1,717,721 | €1,720,444 | +€2,723 | +0.2% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €1,367,721 | €1,370,444 | +€2,723 | +0.2% |
| Tax-exempt reserves | 132 | €9,667 | €9,667 | = | 0.0% |
| Distributable reserves | 133 | €1,358,054 | €1,360,777 | +€2,723 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,342,944 | €1,173,786 | -€169,158 | -12.6% |
| Amounts payable after more than one year | 17 | €1,016,310 | €817,356 | -€198,954 | -19.6% |
| Financial debts | 170/4 | €1,016,310 | €817,356 | -€198,954 | -19.6% |
| Amounts payable within one year | 42/48 | €326,634 | €356,430 | +€29,796 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €205,017 | €198,954 | -€6,064 | -3.0% |
| Trade debts | 44 | €65,922 | €54,517 | -€11,405 | -17.3% |
| Suppliers | 440/4 | €65,922 | €54,517 | -€11,405 | -17.3% |
| Advances received on contracts in progress | 46 | - | €42,112 | +€42,112 | |
| Taxes, remuneration and social security | 45 | €55,406 | €57,932 | +€2,526 | +4.6% |
| Taxes | 450/3 | €33,609 | €35,609 | +€1,999 | +5.9% |
| Remuneration and social security | 454/9 | €21,796 | €22,324 | +€527 | +2.4% |
| Other amounts payable | 47/48 | €289 | €2,915 | +€2,626 | +910.1% |
| Remuneration, social security and pensions | 62 | €87,273 | €88,058 | +€785 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241,587 | €240,662 | -€925 | -0.4% |
| Other operating charges | 640/8 | €26,578 | €32,884 | +€6,306 | +23.7% |
| Gross operating margin | 9900 | €491,459 | €535,432 | +€43,973 | +8.9% |
| Operating profit (loss) | 9901 | €136,020 | €173,828 | +€37,808 | +27.8% |
| Financial income | 75/76B | €5,447 | €955 | -€4,491 | -82.5% |
| Recurring financial income | 75 | €5,447 | €955 | -€4,491 | -82.5% |
| Financial charges | 65/66B | €36,505 | €29,142 | -€7,363 | -20.2% |
| Recurring financial charges | 65 | €36,505 | €29,142 | -€7,363 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €104,962 | €145,642 | +€40,680 | +38.8% |
| Income taxes | 67/77 | €24,825 | €43,131 | +€18,306 | +73.7% |
| Profit (loss) for the period | 9904 | €80,137 | €102,510 | +€22,374 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,137 | €102,510 | +€22,374 | +27.9% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.