BENDOAR: 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.
BENDOAR
Largest movements
- Cash -€1,939
down €1,939 (-75.2%), from €2,577 to €638
mainly Contributions, distributions and other (-€3,000) and Other debts (-€2,168)
- Receivables within one year +€182
up €182 (+4.3%), from €4,242 to €4,423
of which Other amounts receivable: +€1,677
- Other debts -€2,168
down €2,168 (-42.0%), from €5,168 to €3,000
- Profit (loss) carried forward +€633
up €633 (+553.5%), from €114 to €747
- Tax, wage and social debts -€221
down €221 (-16.3%), from €1,356 to €1,135
- Taxes -€1,593
down €1,593 (-68.0%), from €2,342 to €749
- Gross operating margin -€1,028
down €1,028 (-16.7%), from €6,141 to €5,113
- Financial charges -€67
down €67 (-32.4%), from €206 to €139
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 | €9,239 | €7,482 | -€1,757 | -19.0% |
| Fixed assets | 21/28 | €2,420 | €2,420 | = | 0.0% |
| Financial fixed assets | 28 | €2,420 | €2,420 | = | 0.0% |
| Current assets | 29/58 | €6,819 | €5,062 | -€1,757 | -25.8% |
| Amounts receivable within one year | 40/41 | €4,242 | €4,423 | +€182 | +4.3% |
| Trade receivables | 40 | €4,242 | €2,747 | -€1,495 | -35.3% |
| Other amounts receivable | 41 | - | €1,677 | +€1,677 | |
| Cash at bank and in hand | 54/58 | €2,577 | €638 | -€1,939 | -75.2% |
| Total equity and liabilities | 10/49 | €9,239 | €7,482 | -€1,757 | -19.0% |
| Equity | 10/15 | €2,714 | €3,347 | +€633 | +23.3% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114 | €747 | +€633 | +553.5% |
| Amounts payable | 17/49 | €6,524 | €4,135 | -€2,390 | -36.6% |
| Amounts payable within one year | 42/48 | €6,524 | €4,135 | -€2,390 | -36.6% |
| Taxes, remuneration and social security | 45 | €1,356 | €1,135 | -€221 | -16.3% |
| Taxes | 450/3 | €1,356 | €1,135 | -€221 | -16.3% |
| Other amounts payable | 47/48 | €5,168 | €3,000 | -€2,168 | -42.0% |
| Other operating charges | 640/8 | €658 | €673 | +€14 | +2.2% |
| Gross operating margin | 9900 | €6,141 | €5,113 | -€1,028 | -16.7% |
| Operating profit (loss) | 9901 | €5,482 | €4,440 | -€1,042 | -19.0% |
| Financial income | 75/76B | €80 | €80 | +€0 | +0.4% |
| Recurring financial income | 75 | €80 | €80 | +€0 | +0.4% |
| Financial charges | 65/66B | €206 | €139 | -€67 | -32.4% |
| Recurring financial charges | 65 | €206 | €139 | -€67 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €5,356 | €4,382 | -€975 | -18.2% |
| Income taxes | 67/77 | €2,342 | €749 | -€1,593 | -68.0% |
| Profit (loss) for the period | 9904 | €3,015 | €3,633 | +€618 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,015 | €3,633 | +€618 | +20.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.