BENCORENT: 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.
BENCORENT
Largest movements
- Receivables within one year -€60,433
down €60,433 (-7.4%), from €812,725 to €752,292
of which Trade receivables: -€69,227
- Cash +€31,979
up €31,979 (+78.9%), from €40,525 to €72,504
mainly Short-term financial debts (+€77,099) and Receivables within one year (+€60,433)
- Tangible fixed assets -€13,323
down €13,323 (-13.9%), from €95,691 to €82,368
of which Leasing and similar rights: -€18,948
- Current portion of long-term debt -€117,319
down €117,319 (-74.4%), from €157,774 to €40,455
- Short-term financial debts +€77,099
up €77,099 (+10279.9%), from €750 to €77,849
of which Credit institutions: +€75,000
- Debts after one year -€40,455
down €40,455 (-100.0%), from €40,455 to €0
- Reserves +€26,843
up €26,843 (+15.3%), from €175,468 to €202,311
of which Distributable reserves: +€26,843
- Depreciation -€185,970
down €185,970 (-77.9%), from €238,789 to €52,819
- Gross operating margin -€113,541
down €113,541 (-48.7%), from €232,910 to €119,369
- Write-downs -€46,817
down €46,817, from €42,390 to -€4,427
- Other operating charges -€43,313
down €43,313 (-62.6%), from €69,169 to €25,856
- Financial charges -€11,550
down €11,550 (-59.8%), from €19,315 to €7,765
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €952,342 | €909,256 | -€43,086 | -4.5% |
| Fixed assets | 21/28 | €96,091 | €82,768 | -€13,323 | -13.9% |
| Tangible fixed assets | 22/27 | €95,691 | €82,368 | -€13,323 | -13.9% |
| Land and buildings | 22 | €9,789 | €6,755 | -€3,034 | -31.0% |
| Plant, machinery and equipment | 23 | €48,598 | €47,005 | -€1,593 | -3.3% |
| Furniture and vehicles | 24 | €5,660 | €15,911 | +€10,251 | +181.1% |
| Leasing and similar rights | 25 | €31,644 | €12,696 | -€18,948 | -59.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €856,251 | €826,487 | -€29,764 | -3.5% |
| Amounts receivable within one year | 40/41 | €812,725 | €752,292 | -€60,433 | -7.4% |
| Trade receivables | 40 | €99,869 | €30,642 | -€69,227 | -69.3% |
| Other amounts receivable | 41 | €712,857 | €721,649 | +€8,792 | +1.2% |
| Cash at bank and in hand | 54/58 | €40,525 | €72,504 | +€31,979 | +78.9% |
| Deferred charges and accrued income | 490/1 | €3,000 | €1,692 | -€1,308 | -43.6% |
| Total equity and liabilities | 10/49 | €952,342 | €909,256 | -€43,086 | -4.5% |
| Equity | 10/15 | €724,339 | €751,182 | +€26,843 | +3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Reserves | 13 | €175,468 | €202,311 | +€26,843 | +15.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €173,609 | €200,452 | +€26,843 | +15.5% |
| Profit (loss) carried forward | 14 | €530,279 | €530,279 | +€0 | 0.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €228,003 | €158,073 | -€69,930 | -30.7% |
| Amounts payable after more than one year | 17 | €40,455 | €0 | -€40,455 | -100.0% |
| Financial debts | 170/4 | €40,455 | €0 | -€40,455 | -100.0% |
| Amounts payable within one year | 42/48 | €187,548 | €158,073 | -€29,475 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €157,774 | €40,455 | -€117,319 | -74.4% |
| Financial debts | 43 | €750 | €77,849 | +€77,099 | +10279.9% |
| Credit institutions | 430/8 | - | €75,000 | +€75,000 | |
| Other loans | 439 | €750 | €2,849 | +€2,099 | +279.9% |
| Trade debts | 44 | €11,651 | €16,708 | +€5,057 | +43.4% |
| Suppliers | 440/4 | €11,651 | €16,708 | +€5,057 | +43.4% |
| Taxes, remuneration and social security | 45 | €17,373 | €15,010 | -€2,363 | -13.6% |
| Taxes | 450/3 | €15,873 | €15,010 | -€863 | -5.4% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100.0% |
| Other amounts payable | 47/48 | - | €8,052 | +€8,052 | |
| Non-recurring operating income | 76A | €96,818 | €52,742 | -€44,076 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,789 | €52,819 | -€185,970 | -77.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €42,390 | -€4,427 | -€46,817 | |
| Other operating charges | 640/8 | €69,169 | €25,856 | -€43,313 | -62.6% |
| Non-recurring operating charges | 66A | €6,189 | €2,373 | -€3,816 | -61.7% |
| Gross operating margin | 9900 | €232,910 | €119,369 | -€113,541 | -48.7% |
| Operating profit (loss) | 9901 | -€123,627 | €42,748 | +€166,375 | |
| Financial income | 75/76B | €1,326 | €189 | -€1,137 | -85.7% |
| Recurring financial income | 75 | €1,326 | €189 | -€1,137 | -85.7% |
| Financial charges | 65/66B | €19,315 | €7,765 | -€11,550 | -59.8% |
| Recurring financial charges | 65 | €19,315 | €7,765 | -€11,550 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | -€141,617 | €35,173 | +€176,790 | |
| Transfer from deferred taxes | 780 | €62,324 | €0 | -€62,324 | -100.0% |
| Income taxes | 67/77 | €15,155 | €8,329 | -€6,826 | -45.0% |
| Profit (loss) for the period | 9904 | -€94,448 | €26,843 | +€121,291 | |
| Transfer from tax-exempt reserves | 789 | €117,194 | €0 | -€117,194 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,746 | €26,843 | +€4,097 | +18.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.