BENDO 2002: 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.
BENDO 2002
Largest movements
- Receivables within one year -€86,431
down €86,431 (-60.0%), from €144,103 to €57,671
of which Trade receivables: -€100,587
- Cash +€78,500
up €78,500 (+111.6%), from €70,339 to €148,840
mainly Receivables within one year (+€86,431) and Depreciation (+€18,316)
- Tangible fixed assets -€18,316
down €18,316 (-36.7%), from €49,866 to €31,551
of which Furniture and vehicles: -€18,316
- Stocks and contracts -€16,954
down €16,954 (-34.3%), from €49,375 to €32,421
of which Contracts in progress: -€17,250
- Trade debts -€39,559
down €39,559 (-55.3%), from €71,571 to €32,011
- Tax, wage and social debts -€16,550
no longer reported in 2025 (was €16,550)
- Reserves +€14,059
up €14,059 (+10.3%), from €136,652 to €150,711
- Gross operating margin -€35,496
down €35,496 (-45.9%), from €77,325 to €41,829
- Taxes -€11,419
down €11,419 (-54.2%), from €21,082 to €9,664
- Financial income +€3,391
up €3,391 (+336.4%), from €1,008 to €4,399
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 | €316,672 | €272,904 | -€43,768 | -13.8% |
| Fixed assets | 21/28 | €49,966 | €31,651 | -€18,316 | -36.7% |
| Tangible fixed assets | 22/27 | €49,866 | €31,551 | -€18,316 | -36.7% |
| Furniture and vehicles | 24 | €47,083 | €28,768 | -€18,316 | -38.9% |
| Other tangible fixed assets | 26 | €2,783 | €2,783 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €266,705 | €241,253 | -€25,452 | -9.5% |
| Stocks and contracts in progress | 3 | €49,375 | €32,421 | -€16,954 | -34.3% |
| Stocks | 30/36 | €3,375 | €3,671 | +€296 | +8.8% |
| Contracts in progress | 37 | €46,000 | €28,750 | -€17,250 | -37.5% |
| Amounts receivable within one year | 40/41 | €144,103 | €57,671 | -€86,431 | -60.0% |
| Trade receivables | 40 | €126,221 | €25,633 | -€100,587 | -79.7% |
| Other amounts receivable | 41 | €17,882 | €32,038 | +€14,156 | +79.2% |
| Cash at bank and in hand | 54/58 | €70,339 | €148,840 | +€78,500 | +111.6% |
| Deferred charges and accrued income | 490/1 | €2,888 | €2,321 | -€567 | -19.6% |
| Total equity and liabilities | 10/49 | €316,672 | €272,904 | -€43,768 | -13.8% |
| Equity | 10/15 | €226,833 | €239,227 | +€12,393 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,652 | €150,711 | +€14,059 | +10.3% |
| Distributable reserves | 133 | €136,652 | €150,711 | +€14,059 | +10.3% |
| Profit (loss) carried forward | 14 | €71,582 | €69,916 | -€1,666 | -2.3% |
| Amounts payable | 17/49 | €89,838 | €33,677 | -€56,161 | -62.5% |
| Amounts payable within one year | 42/48 | €89,838 | €33,677 | -€56,161 | -62.5% |
| Trade debts | 44 | €71,571 | €32,011 | -€39,559 | -55.3% |
| Suppliers | 440/4 | €71,571 | €32,011 | -€39,559 | -55.3% |
| Taxes, remuneration and social security | 45 | €16,550 | - | -€16,550 | |
| Taxes | 450/3 | €16,550 | - | -€16,550 | |
| Other amounts payable | 47/48 | €1,718 | €1,666 | -€52 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,957 | €18,316 | +€359 | +2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€610 | - | +€610 | |
| Other operating charges | 640/8 | €3,436 | €2,858 | -€578 | -16.8% |
| Gross operating margin | 9900 | €77,325 | €41,829 | -€35,496 | -45.9% |
| Operating profit (loss) | 9901 | €56,542 | €20,655 | -€35,886 | -63.5% |
| Financial income | 75/76B | €1,008 | €4,399 | +€3,391 | +336.4% |
| Recurring financial income | 75 | €1,008 | €4,399 | +€3,391 | +336.4% |
| Financial charges | 65/66B | €658 | €1,332 | +€673 | +102.3% |
| Recurring financial charges | 65 | €658 | €1,332 | +€673 | +102.3% |
| Profit (loss) for the period before taxes | 9903 | €56,891 | €23,723 | -€33,169 | -58.3% |
| Income taxes | 67/77 | €21,082 | €9,664 | -€11,419 | -54.2% |
| Profit (loss) for the period | 9904 | €35,809 | €14,059 | -€21,750 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,809 | €14,059 | -€21,750 | -60.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.