BENDAOUD GROUP: 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.
BENDAOUD GROUP
Largest movements
- Receivables within one year +€272,825
up €272,825 (+360%), from €75,707 to €348,531
of which Trade receivables: +€329,862
- Cash +€25,248
up €25,248 (+1,112%), from €2,270 to €27,517
mainly Tax, wage and social debts (+€245,971) and Net result for the year (+€142,324)
- Tangible fixed assets -€12,076
down €12,076 (-8.0%), from €151,552 to €139,476
- Tax, wage and social debts +€245,971
up €245,971 (+598%), from €41,159 to €287,130
of which Taxes: +€182,845
- Profit (loss) carried forward +€142,324
new in 2025: €142,324
- Trade debts -€74,321
down €74,321 (-99.0%), from €75,034 to €713
- Debts after one year -€22,944
down €22,944 (-61.6%), from €37,220 to €14,276
- Turnover +€1.2m
new in 2025: €1.2m
- Purchases and services +€519,346
new in 2025: €519,346
- Gross operating margin +€347,423
up €347,423 (+117%), from €297,024 to €644,447
- Staff costs +€236,865
up €236,865 (+104%), from €227,589 to €464,455
- Other operating charges -€44,460
down €44,460 (-97.3%), from €45,710 to €1,250
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 | €253,528 | €539,524 | +€285,996 | +113% |
| Fixed assets | 21/28 | €175,552 | €163,476 | -€12,076 | -6.9% |
| Tangible fixed assets | 22/27 | €151,552 | €139,476 | -€12,076 | -8.0% |
| Furniture and vehicles | 24 | €151,552 | €139,476 | -€12,076 | -8.0% |
| Financial fixed assets | 28 | €24,000 | €24,000 | = | 0.0% |
| Current assets | 29/58 | €77,976 | €376,049 | +€298,072 | +382% |
| Amounts receivable within one year | 40/41 | €75,707 | €348,531 | +€272,825 | +360% |
| Trade receivables | 40 | €18,669 | €348,531 | +€329,862 | +1,767% |
| Other amounts receivable | 41 | €57,038 | - | -€57,038 | |
| Cash at bank and in hand | 54/58 | €2,270 | €27,517 | +€25,248 | +1,112% |
| Total equity and liabilities | 10/49 | €253,528 | €539,524 | +€285,996 | +113% |
| Equity | 10/15 | €65,190 | €207,513 | +€142,324 | +218% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €61,190 | €61,190 | = | 0.0% |
| Distributable reserves | 133 | €61,190 | €61,190 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €142,324 | +€142,324 | |
| Amounts payable | 17/49 | €188,339 | €332,011 | +€143,673 | +76.3% |
| Amounts payable after more than one year | 17 | €37,220 | €14,276 | -€22,944 | -61.6% |
| Financial debts | 170/4 | €37,220 | €14,276 | -€22,944 | -61.6% |
| Amounts payable within one year | 42/48 | €151,119 | €317,735 | +€166,617 | +110% |
| Financial debts | 43 | €10,926 | €5,893 | -€5,033 | -46.1% |
| Other loans | 439 | €10,926 | €5,893 | -€5,033 | -46.1% |
| Trade debts | 44 | €75,034 | €713 | -€74,321 | -99.0% |
| Suppliers | 440/4 | €75,034 | €713 | -€74,321 | -99.0% |
| Taxes, remuneration and social security | 45 | €41,159 | €287,130 | +€245,971 | +598% |
| Taxes | 450/3 | €28,564 | €211,410 | +€182,845 | +640% |
| Remuneration and social security | 454/9 | €12,595 | €75,720 | +€63,126 | +501% |
| Other amounts payable | 47/48 | €24,000 | €24,000 | = | 0.0% |
| Turnover | 70 | - | €1,163,793 | +€1.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €519,346 | +€519,346 | |
| Remuneration, social security and pensions | 62 | €227,589 | €464,455 | +€236,865 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,197 | €36,076 | +€14,878 | +70.2% |
| Other operating charges | 640/8 | €45,710 | €1,250 | -€44,460 | -97.3% |
| Gross operating margin | 9900 | €297,024 | €644,447 | +€347,423 | +117% |
| Operating profit (loss) | 9901 | €2,527 | €142,667 | +€140,140 | +5,546% |
| Financial income | 75/76B | €3,275 | - | -€3,275 | |
| Recurring financial income | 75 | €3,275 | - | -€3,275 | |
| Financial charges | 65/66B | €386 | €343 | -€43 | -11.2% |
| Recurring financial charges | 65 | €386 | €343 | -€43 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €5,416 | €142,324 | +€136,908 | +2,528% |
| Income taxes | 67/77 | €1,216 | - | -€1,216 | |
| Profit (loss) for the period | 9904 | €4,199 | €142,324 | +€138,124 | +3,289% |
| Profit (loss) for the period to be appropriated | 9905 | €4,199 | €142,324 | +€138,124 | +3,289% |
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 31 October 2026 via checked.be.