BenC: 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.
BenC
Largest movements
- Receivables within one year -€23,018
down €23,018 (-81.7%), from €28,189 to €5,172
of which Trade receivables: -€17,161
- Stocks and contracts +€21,258
up €21,258 (+38.8%), from €54,792 to €76,050
- Cash -€15,789
down €15,789 (-19.9%), from €79,213 to €63,425
mainly Other debts (-€45,525) and Stocks and contracts (-€21,258)
- Tangible fixed assets -€3,880
down €3,880 (-47.9%), from €8,094 to €4,214
of which Furniture and vehicles: -€3,554
- Other debts -€45,525
down €45,525 (-35.0%), from €129,969 to €84,444
- Reserves +€24,003
up €24,003 (+213%), from €11,257 to €35,260
of which Distributable reserves: +€24,003
- Tax, wage and social debts +€2,595
up €2,595 (+123%), from €2,107 to €4,702
- Trade debts -€2,417
down €2,417 (-37.9%), from €6,370 to €3,954
- Gross operating margin +€19,376
up €19,376 (+94.7%), from €20,457 to €39,833
- Taxes +€4,878
up €4,878 (+98.9%), from €4,931 to €9,809
- Financial charges +€997
up €997 (+22.9%), from €4,362 to €5,359
- Depreciation +€507
up €507 (+15.0%), from €3,373 to €3,880
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 | €172,211 | €150,819 | -€21,392 | -12.4% |
| Fixed assets | 21/28 | €8,094 | €4,214 | -€3,880 | -47.9% |
| Tangible fixed assets | 22/27 | €8,094 | €4,214 | -€3,880 | -47.9% |
| Plant, machinery and equipment | 23 | €326 | €0 | -€326 | -100% |
| Furniture and vehicles | 24 | €7,768 | €4,214 | -€3,554 | -45.8% |
| Current assets | 29/58 | €164,117 | €146,605 | -€17,512 | -10.7% |
| Stocks and contracts in progress | 3 | €54,792 | €76,050 | +€21,258 | +38.8% |
| Stocks | 30/36 | €54,792 | €76,050 | +€21,258 | +38.8% |
| Amounts receivable within one year | 40/41 | €28,189 | €5,172 | -€23,018 | -81.7% |
| Trade receivables | 40 | €20,353 | €3,192 | -€17,161 | -84.3% |
| Other amounts receivable | 41 | €7,837 | €1,980 | -€5,857 | -74.7% |
| Cash at bank and in hand | 54/58 | €79,213 | €63,425 | -€15,789 | -19.9% |
| Deferred charges and accrued income | 490/1 | €1,923 | €1,960 | +€37 | +1.9% |
| Total equity and liabilities | 10/49 | €172,211 | €150,819 | -€21,392 | -12.4% |
| Equity | 10/15 | €31,257 | €55,260 | +€24,003 | +76.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €11,257 | €35,260 | +€24,003 | +213% |
| Tax-exempt reserves | 132 | €355 | €355 | = | 0.0% |
| Distributable reserves | 133 | €10,902 | €34,906 | +€24,003 | +220% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €140,954 | €95,559 | -€45,395 | -32.2% |
| Amounts payable within one year | 42/48 | €138,446 | €93,100 | -€45,346 | -32.8% |
| Trade debts | 44 | €6,370 | €3,954 | -€2,417 | -37.9% |
| Suppliers | 440/4 | €6,370 | €3,954 | -€2,417 | -37.9% |
| Taxes, remuneration and social security | 45 | €2,107 | €4,702 | +€2,595 | +123% |
| Taxes | 450/3 | €2,107 | €4,702 | +€2,595 | +123% |
| Other amounts payable | 47/48 | €129,969 | €84,444 | -€45,525 | -35.0% |
| Accrued charges and deferred income | 492/3 | €2,508 | €2,459 | -€49 | -1.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,373 | €3,880 | +€507 | +15.0% |
| Other operating charges | 640/8 | €913 | €941 | +€27 | +3.0% |
| Gross operating margin | 9900 | €20,457 | €39,833 | +€19,376 | +94.7% |
| Operating profit (loss) | 9901 | €16,171 | €35,012 | +€18,842 | +117% |
| Financial income | 75/76B | €4,025 | €4,160 | +€135 | +3.3% |
| Recurring financial income | 75 | €4,025 | €4,160 | +€135 | +3.3% |
| Financial charges | 65/66B | €4,362 | €5,359 | +€997 | +22.9% |
| Recurring financial charges | 65 | €4,362 | €5,359 | +€997 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €15,834 | €33,812 | +€17,979 | +114% |
| Income taxes | 67/77 | €4,931 | €9,809 | +€4,878 | +98.9% |
| Profit (loss) for the period | 9904 | €10,902 | €24,003 | +€13,101 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €10,902 | €24,003 | +€13,101 | +120% |
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 17 October 2026 via checked.be.