BENDA: 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.
BENDA
Largest movements
- Stocks and contracts +€984
up €984 (+7.4%), from €13,380 to €14,364
- Cash -€802
down €802 (-6.2%), from €12,874 to €12,072
mainly Trade debts (-€6,990) and Net result for the year (-€1,178)
- Receivables within one year +€715
up €715 (+17.4%), from €4,102 to €4,818
of which Other amounts receivable: +€585
- Tangible fixed assets -€440
down €440 (-23.5%), from €1,871 to €1,431
- Other debts +€7,204
up €7,204 (+12.5%), from €57,719 to €64,922
- Trade debts -€6,990
down €6,990 (-100%), from €6,990 to €0
- Tax, wage and social debts +€1,421
up €1,421 (+27.1%), from €5,240 to €6,661
of which Remuneration and social security: +€2,000
- Profit (loss) carried forward -€1,178
down €1,178 (-0.8%), from -€154,322 to -€155,499
- Gross operating margin -€4,853
down €4,853, from €4,198 to -€655
- Other operating charges -€344
no longer reported in 2025 (was €344)
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 | €34,227 | €34,684 | +€457 | +1.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,871 | €1,431 | -€440 | -23.5% |
| Tangible fixed assets | 22/27 | €1,871 | €1,431 | -€440 | -23.5% |
| Plant, machinery and equipment | 23 | €1,871 | €1,431 | -€440 | -23.5% |
| Current assets | 29/58 | €32,356 | €33,254 | +€897 | +2.8% |
| Stocks and contracts in progress | 3 | €13,380 | €14,364 | +€984 | +7.4% |
| Stocks | 30/36 | €13,380 | €14,364 | +€984 | +7.4% |
| Amounts receivable within one year | 40/41 | €4,102 | €4,818 | +€715 | +17.4% |
| Trade receivables | 40 | €355 | €485 | +€130 | +36.7% |
| Other amounts receivable | 41 | €3,748 | €4,333 | +€585 | +15.6% |
| Cash at bank and in hand | 54/58 | €12,874 | €12,072 | -€802 | -6.2% |
| Deferred charges and accrued income | 490/1 | €2,000 | €2,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €34,227 | €34,684 | +€457 | +1.3% |
| Equity | 10/15 | -€35,722 | -€36,899 | -€1,178 | -3.3% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,322 | -€155,499 | -€1,178 | -0.8% |
| Amounts payable | 17/49 | €69,949 | €71,584 | +€1,635 | +2.3% |
| Amounts payable within one year | 42/48 | €69,949 | €71,584 | +€1,635 | +2.3% |
| Trade debts | 44 | €6,990 | €0 | -€6,990 | -100% |
| Suppliers | 440/4 | €6,990 | €0 | -€6,990 | -100% |
| Taxes, remuneration and social security | 45 | €5,240 | €6,661 | +€1,421 | +27.1% |
| Taxes | 450/3 | €1,240 | €661 | -€579 | -46.7% |
| Remuneration and social security | 454/9 | €4,000 | €6,000 | +€2,000 | +50.0% |
| Other amounts payable | 47/48 | €57,719 | €64,922 | +€7,204 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €447 | €440 | -€7 | -1.6% |
| Other operating charges | 640/8 | €344 | - | -€344 | |
| Gross operating margin | 9900 | €4,198 | -€655 | -€4,853 | |
| Operating profit (loss) | 9901 | €3,407 | -€1,095 | -€4,501 | |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €84 | €90 | +€6 | +7.1% |
| Recurring financial charges | 65 | €84 | €90 | +€6 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €3,323 | -€1,178 | -€4,501 | |
| Profit (loss) for the period | 9904 | €3,323 | -€1,178 | -€4,501 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,323 | -€1,178 | -€4,501 |
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.