BENCH GROEP: 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.
BENCH GROEP
Largest movements
- Receivables within one year +€194,090
up €194,090 (+1,117%), from €17,383 to €211,474
of which Other amounts receivable: +€180,243
- Cash -€161,722
down €161,722 (-75.7%), from €213,612 to €51,891
mainly Receivables within one year (-€194,090) and Investment in fixed assets (net) (-€20,741)
- Intangible fixed assets +€15,507
up €15,507 (+74.3%), from €20,874 to €36,381
- Financial fixed assets -€15,333
down €15,333 (-45.0%), from €34,050 to €18,717
- Tangible fixed assets +€4,815
up €4,815 (+32.9%), from €14,627 to €19,442
of which Other tangible fixed assets: +€4,104
- Reserves +€46,245
up €46,245 (+19.7%), from €235,019 to €281,264
of which Distributable reserves: +€46,245
- Tax, wage and social debts -€15,932
down €15,932 (-29.7%), from €53,591 to €37,659
of which Taxes: -€9,612
- Current portion of long-term debt +€11,735
new in 2025: €11,735
- Trade debts -€9,086
down €9,086 (-75.5%), from €12,038 to €2,952
- Gross operating margin -€42,072
down €42,072 (-25.3%), from €166,174 to €124,102
- Depreciation +€8,238
up €8,238 (+110%), from €7,514 to €15,753
- Taxes -€8,202
down €8,202 (-25.0%), from €32,762 to €24,560
- Financial income +€6,634
up €6,634 (+1,778%), from €373 to €7,007
- Staff costs -€3,966
down €3,966 (-8.5%), from €46,603 to €42,637
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 | €307,185 | €339,809 | +€32,624 | +10.6% |
| Fixed assets | 21/28 | €69,551 | €74,540 | +€4,988 | +7.2% |
| Intangible fixed assets | 21 | €20,874 | €36,381 | +€15,507 | +74.3% |
| Tangible fixed assets | 22/27 | €14,627 | €19,442 | +€4,815 | +32.9% |
| Plant, machinery and equipment | 23 | €887 | €1,488 | +€601 | +67.8% |
| Furniture and vehicles | 24 | €9,751 | €9,861 | +€110 | +1.1% |
| Other tangible fixed assets | 26 | €3,989 | €8,093 | +€4,104 | +103% |
| Financial fixed assets | 28 | €34,050 | €18,717 | -€15,333 | -45.0% |
| Current assets | 29/58 | €237,634 | €265,269 | +€27,636 | +11.6% |
| Amounts receivable within one year | 40/41 | €17,383 | €211,474 | +€194,090 | +1,117% |
| Trade receivables | 40 | €17,383 | €31,231 | +€13,847 | +79.7% |
| Other amounts receivable | 41 | €0 | €180,243 | +€180,243 | |
| Cash at bank and in hand | 54/58 | €213,612 | €51,891 | -€161,722 | -75.7% |
| Deferred charges and accrued income | 490/1 | €6,638 | €1,905 | -€4,733 | -71.3% |
| Total equity and liabilities | 10/49 | €307,185 | €339,809 | +€32,624 | +10.6% |
| Equity | 10/15 | €241,219 | €287,464 | +€46,245 | +19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €235,019 | €281,264 | +€46,245 | +19.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €233,159 | €279,404 | +€46,245 | +19.8% |
| Amounts payable | 17/49 | €65,966 | €52,345 | -€13,621 | -20.6% |
| Amounts payable within one year | 42/48 | €65,966 | €52,345 | -€13,621 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | - | €11,735 | +€11,735 | |
| Trade debts | 44 | €12,038 | €2,952 | -€9,086 | -75.5% |
| Suppliers | 440/4 | €12,038 | €2,952 | -€9,086 | -75.5% |
| Taxes, remuneration and social security | 45 | €53,591 | €37,659 | -€15,932 | -29.7% |
| Taxes | 450/3 | €39,471 | €29,859 | -€9,612 | -24.4% |
| Remuneration and social security | 454/9 | €14,120 | €7,800 | -€6,320 | -44.8% |
| Other amounts payable | 47/48 | €337 | €0 | -€337 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €14,380 | +€14,380 | |
| Remuneration, social security and pensions | 62 | €46,603 | €42,637 | -€3,966 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,514 | €15,753 | +€8,238 | +110% |
| Other operating charges | 640/8 | €513 | €1,209 | +€695 | +135% |
| Non-recurring operating charges | 66A | €676 | €0 | -€676 | -100% |
| Gross operating margin | 9900 | €166,174 | €124,102 | -€42,072 | -25.3% |
| Operating profit (loss) | 9901 | €110,867 | €64,504 | -€46,364 | -41.8% |
| Financial income | 75/76B | €373 | €7,007 | +€6,634 | +1,778% |
| Recurring financial income | 75 | €373 | €7,007 | +€6,634 | +1,778% |
| Financial charges | 65/66B | €390 | €706 | +€316 | +81.0% |
| Recurring financial charges | 65 | €390 | €706 | +€316 | +81.0% |
| Profit (loss) for the period before taxes | 9903 | €110,850 | €70,805 | -€40,046 | -36.1% |
| Income taxes | 67/77 | €32,762 | €24,560 | -€8,202 | -25.0% |
| Profit (loss) for the period | 9904 | €78,088 | €46,245 | -€31,843 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,088 | €46,245 | -€31,843 | -40.8% |
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 14 October 2026 via checked.be.