BENCHAIM: what changed
Two fiscal 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.
What changed
BENCHAIM
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€14,432
2024 · €6,041-€20,472
Equity
€126,957
2024 · €141,389-€14,432
Cash
€1,003
2024 · €27+€976
Balance sheet total
€1.5m
2024 · €1.5m-€40,258
Largest movements
Assets
- Tangible fixed assets -€51,763
down €51,763 (-3.8%), from €1.4m to €1.3m
of which Land and buildings: -€47,519
Equity and liabilities
- Debts after one year -€43,496
down €43,496 (-3.5%), from €1.2m to €1.2m
Income statement
- Gross operating margin -€13,618
down €13,618 (-15.9%), from €85,627 to €72,009
- Financial charges +€4,086
up €4,086 (+14.0%), from €29,236 to €33,322
- Other operating charges +€2,295
up €2,295 (+24.3%), from €9,447 to €11,742
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.
Result 2024
€6,041
Gross operating margin
-€13,618
Other operating charges
-€2,295
Financial income
-€473
Financial charges
-€4,086
Result 2025
-€14,432
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.
From operations
+€32,530
Investment
€0
Financing
-€31,553
Cash 2024
€27
From operations (derived)
+€32,530
Net result for the year
-€14,432
Depreciation
+€51,763
Receivables within one year
-€10,529
Provisions
-€2,796
Trade debts
+€1,966
Other debts
+€6,558
Financing
-€31,553
Debts after one year
-€43,496
Current portion of long-term debt
+€2,755
Short-term financial debts
+€9,187
Cash 2025
€1,003
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,504,814 | €1,464,556 | -€40,258 | -2.7% |
| Fixed assets | 21/28 | €1,360,509 | €1,308,746 | -€51,763 | -3.8% |
| Tangible fixed assets | 22/27 | €1,360,509 | €1,308,746 | -€51,763 | -3.8% |
| Land and buildings | 22 | €1,291,046 | €1,243,528 | -€47,519 | -3.7% |
| Other tangible fixed assets | 26 | €69,463 | €65,218 | -€4,244 | -6.1% |
| Current assets | 29/58 | €144,305 | €155,810 | +€11,505 | +8.0% |
| Amounts receivable within one year | 40/41 | €144,278 | €154,807 | +€10,529 | +7.3% |
| Other amounts receivable | 41 | €144,278 | €154,807 | +€10,529 | +7.3% |
| Cash at bank and in hand | 54/58 | €27 | €1,003 | +€976 | +3623.4% |
| Total equity and liabilities | 10/49 | €1,504,814 | €1,464,556 | -€40,258 | -2.7% |
| Equity | 10/15 | €141,389 | €126,957 | -€14,432 | -10.2% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €99,427 | €93,998 | -€5,428 | -5.5% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €91,990 | €86,561 | -€5,428 | -5.9% |
| Profit (loss) carried forward | 14 | -€32,406 | -€41,409 | -€9,003 | -27.8% |
| Provisions and deferred taxes | 16 | €50,866 | €48,070 | -€2,796 | -5.5% |
| Deferred taxes | 168 | €50,866 | €48,070 | -€2,796 | -5.5% |
| Amounts payable | 17/49 | €1,312,559 | €1,289,529 | -€23,030 | -1.8% |
| Amounts payable after more than one year | 17 | €1,241,931 | €1,198,436 | -€43,496 | -3.5% |
| Financial debts | 170/4 | €1,241,931 | €1,198,436 | -€43,496 | -3.5% |
| Amounts payable within one year | 42/48 | €70,628 | €91,094 | +€20,466 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €39,261 | €42,016 | +€2,755 | +7.0% |
| Financial debts | 43 | €1,414 | €10,601 | +€9,187 | +649.9% |
| Credit institutions | 430/8 | €1,414 | €10,601 | +€9,187 | +649.9% |
| Trade debts | 44 | €777 | €2,744 | +€1,966 | +252.9% |
| Suppliers | 440/4 | €777 | €2,744 | +€1,966 | +252.9% |
| Other amounts payable | 47/48 | €29,176 | €35,733 | +€6,558 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,763 | €51,763 | = | 0.0% |
| Other operating charges | 640/8 | €9,447 | €11,742 | +€2,295 | +24.3% |
| Gross operating margin | 9900 | €85,627 | €72,009 | -€13,618 | -15.9% |
| Operating profit (loss) | 9901 | €24,417 | €8,504 | -€15,914 | -65.2% |
| Financial income | 75/76B | €8,064 | €7,591 | -€473 | -5.9% |
| Recurring financial income | 75 | €8,064 | €7,591 | -€473 | -5.9% |
| Financial charges | 65/66B | €29,236 | €33,322 | +€4,086 | +14.0% |
| Recurring financial charges | 65 | €29,236 | €33,322 | +€4,086 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €3,245 | -€17,228 | -€20,472 | |
| Transfer from deferred taxes | 780 | €2,796 | €2,796 | = | 0.0% |
| Profit (loss) for the period | 9904 | €6,041 | -€14,432 | -€20,472 | |
| Transfer from tax-exempt reserves | 789 | €5,428 | €5,428 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,469 | -€9,003 | -€20,472 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.