BENCHMARK TELECOM: 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.
BENCHMARK TELECOM
Largest movements
- Receivables within one year +€1.4m
up €1.4m (+47.4%), from €3.0m to €4.4m
of which Trade receivables: +€1.5m
- Cash +€588,136
up €588,136 (+179.2%), from €328,186 to €916,322
mainly Trade debts (+€1.5m) and Net result for the year (+€1.4m)
- Tangible fixed assets +€442,932
up €442,932 (+152.7%), from €290,049 to €732,981
of which Plant, machinery and equipment: +€369,802
- Stocks and contracts +€232,356
up €232,356 (+35.0%), from €663,353 to €895,709
of which Stocks: +€127,249
- Trade debts +€1.5m
up €1.5m (+105.3%), from €1.4m to €2.8m
- Reserves +€772,229
up €772,229 (+380.7%), from €202,850 to €975,079
of which Distributable reserves: +€772,229
- Debts after one year +€307,357
up €307,357 (+15.2%), from €2.0m to €2.3m
- Current portion of long-term debt -€304,125
down €304,125 (-64.9%), from €468,750 to €164,625
- Tax, wage and social debts +€292,865
up €292,865 (+203.6%), from €143,863 to €436,729
of which Taxes: +€270,576
- Gross operating margin +€1.8m
up €1.8m (+136.6%), from €1.3m to €3.1m
- Taxes +€252,451
up €252,451 (+641.7%), from €39,339 to €291,790
- Staff costs +€129,215
up €129,215 (+12.1%), from €1.1m to €1.2m
- Depreciation +€115,613
up €115,613 (+168.5%), from €68,623 to €184,236
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 | €4,267,599 | €6,927,770 | +€2.7m | +62.3% |
| Fixed assets | 21/28 | €290,049 | €732,981 | +€442,932 | +152.7% |
| Tangible fixed assets | 22/27 | €290,049 | €732,981 | +€442,932 | +152.7% |
| Plant, machinery and equipment | 23 | €117,941 | €487,742 | +€369,802 | +313.5% |
| Furniture and vehicles | 24 | €172,109 | €237,390 | +€65,282 | +37.9% |
| Other tangible fixed assets | 26 | - | €7,849 | +€7,849 | |
| Current assets | 29/58 | €3,977,550 | €6,194,789 | +€2.2m | +55.7% |
| Stocks and contracts in progress | 3 | €663,353 | €895,709 | +€232,356 | +35.0% |
| Stocks | 30/36 | €367,296 | €494,545 | +€127,249 | +34.6% |
| Contracts in progress | 37 | €296,057 | €401,164 | +€105,107 | +35.5% |
| Amounts receivable within one year | 40/41 | €2,956,761 | €4,358,414 | +€1.4m | +47.4% |
| Trade receivables | 40 | €2,696,981 | €4,170,537 | +€1.5m | +54.6% |
| Other amounts receivable | 41 | €259,780 | €187,877 | -€71,904 | -27.7% |
| Cash at bank and in hand | 54/58 | €328,186 | €916,322 | +€588,136 | +179.2% |
| Deferred charges and accrued income | 490/1 | €29,250 | €24,344 | -€4,906 | -16.8% |
| Total equity and liabilities | 10/49 | €4,267,599 | €6,927,770 | +€2.7m | +62.3% |
| Equity | 10/15 | €252,850 | €1,025,079 | +€772,229 | +305.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €202,850 | €975,079 | +€772,229 | +380.7% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €559 | €559 | = | 0.0% |
| Distributable reserves | 133 | €197,291 | €969,520 | +€772,229 | +391.4% |
| Amounts payable | 17/49 | €4,014,749 | €5,902,692 | +€1.9m | +47.0% |
| Amounts payable after more than one year | 17 | €2,021,464 | €2,328,821 | +€307,357 | +15.2% |
| Financial debts | 170/4 | €2,021,464 | €2,328,821 | +€307,357 | +15.2% |
| Amounts payable within one year | 42/48 | €1,993,284 | €3,573,871 | +€1.6m | +79.3% |
| Current portion of amounts payable after more than one year | 42 | €468,750 | €164,625 | -€304,125 | -64.9% |
| Financial debts | 43 | €781 | €139,889 | +€139,108 | +17800.6% |
| Credit institutions | 430/8 | €781 | €139,889 | +€139,108 | +17800.6% |
| Trade debts | 44 | €1,379,890 | €2,832,628 | +€1.5m | +105.3% |
| Suppliers | 440/4 | €1,379,890 | €2,832,628 | +€1.5m | +105.3% |
| Taxes, remuneration and social security | 45 | €143,863 | €436,729 | +€292,865 | +203.6% |
| Taxes | 450/3 | €39,483 | €310,059 | +€270,576 | +685.3% |
| Remuneration and social security | 454/9 | €104,381 | €126,670 | +€22,290 | +21.4% |
| Non-recurring operating income | 76A | €1,250 | - | -€1,250 | |
| Remuneration, social security and pensions | 62 | €1,069,701 | €1,198,916 | +€129,215 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,623 | €184,236 | +€115,613 | +168.5% |
| Other operating charges | 640/8 | €3,409 | €2,162 | -€1,247 | -36.6% |
| Non-recurring operating charges | 66A | €4,322 | €549 | -€3,773 | -87.3% |
| Gross operating margin | 9900 | €1,311,018 | €3,102,269 | +€1.8m | +136.6% |
| Operating profit (loss) | 9901 | €164,963 | €1,716,406 | +€1.6m | +940.5% |
| Financial income | 75/76B | €3,967 | €9,558 | +€5,590 | +140.9% |
| Recurring financial income | 75 | €3,967 | €9,558 | +€5,590 | +140.9% |
| Financial charges | 65/66B | €46,138 | €61,944 | +€15,806 | +34.3% |
| Recurring financial charges | 65 | €46,138 | €61,944 | +€15,806 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | €122,792 | €1,664,019 | +€1.5m | +1255.2% |
| Income taxes | 67/77 | €39,339 | €291,790 | +€252,451 | +641.7% |
| Profit (loss) for the period | 9904 | €83,453 | €1,372,229 | +€1.3m | +1544.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,453 | €1,372,229 | +€1.3m | +1544.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.