BENE: 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.
BENE
Largest movements
- Tangible fixed assets -€6,430
down €6,430 (-22.6%), from €28,414 to €21,983
of which Plant, machinery and equipment: -€4,764
- Receivables within one year -€5,057
down €5,057 (-82.8%), from €6,105 to €1,049
of which Other amounts receivable: -€3,872
- Cash -€3,271
down €3,271 (-63.8%), from €5,128 to €1,857
mainly Net result for the year (-€12,731) and Other debts (-€7,548)
- Intangible fixed assets -€587
down €587 (-50.9%), from €1,152 to €566
- Profit (loss) carried forward -€12,731
down €12,731 (-77.0%), from -€16,532 to -€29,263
- Trade debts +€7,586
up €7,586 (+17.7%), from €42,839 to €50,425
- Other debts -€7,548
down €7,548 (-57.6%), from €13,100 to €5,553
- Debts after one year -€2,027
down €2,027 (-66.5%), from €3,047 to €1,020
- Gross operating margin -€11,376
down €11,376 (-11.7%), from €96,945 to €85,569
- Staff costs +€9,890
up €9,890 (+12.6%), from €78,341 to €88,231
- Depreciation +€1,892
up €1,892 (+36.9%), from €5,125 to €7,017
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 | €58,252 | €42,908 | -€15,344 | -26.3% |
| Fixed assets | 21/28 | €29,616 | €22,599 | -€7,017 | -23.7% |
| Intangible fixed assets | 21 | €1,152 | €566 | -€587 | -50.9% |
| Tangible fixed assets | 22/27 | €28,414 | €21,983 | -€6,430 | -22.6% |
| Land and buildings | 22 | €3,745 | €3,257 | -€488 | -13.0% |
| Plant, machinery and equipment | 23 | €22,818 | €18,054 | -€4,764 | -20.9% |
| Furniture and vehicles | 24 | €1,850 | €672 | -€1,178 | -63.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €28,637 | €20,309 | -€8,327 | -29.1% |
| Stocks and contracts in progress | 3 | €17,403 | €17,403 | = | 0.0% |
| Stocks | 30/36 | €17,403 | €17,403 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,105 | €1,049 | -€5,057 | -82.8% |
| Trade receivables | 40 | €2,233 | €1,049 | -€1,185 | -53.0% |
| Other amounts receivable | 41 | €3,872 | - | -€3,872 | |
| Cash at bank and in hand | 54/58 | €5,128 | €1,857 | -€3,271 | -63.8% |
| Total equity and liabilities | 10/49 | €58,252 | €42,908 | -€15,344 | -26.3% |
| Equity | 10/15 | -€11,532 | -€24,263 | -€12,731 | -110.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,532 | -€29,263 | -€12,731 | -77.0% |
| Amounts payable | 17/49 | €69,784 | €67,171 | -€2,613 | -3.7% |
| Amounts payable after more than one year | 17 | €3,047 | €1,020 | -€2,027 | -66.5% |
| Financial debts | 170/4 | €3,047 | €1,020 | -€2,027 | -66.5% |
| Amounts payable within one year | 42/48 | €66,737 | €66,151 | -€586 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €559 | - | -€559 | |
| Trade debts | 44 | €42,839 | €50,425 | +€7,586 | +17.7% |
| Suppliers | 440/4 | €42,839 | €50,425 | +€7,586 | +17.7% |
| Taxes, remuneration and social security | 45 | €10,239 | €10,173 | -€66 | -0.6% |
| Taxes | 450/3 | €7,469 | €5,975 | -€1,494 | -20.0% |
| Remuneration and social security | 454/9 | €2,770 | €4,198 | +€1,429 | +51.6% |
| Other amounts payable | 47/48 | €13,100 | €5,553 | -€7,548 | -57.6% |
| Non-recurring operating income | 76A | - | €579 | +€579 | |
| Remuneration, social security and pensions | 62 | €78,341 | €88,231 | +€9,890 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,125 | €7,017 | +€1,892 | +36.9% |
| Other operating charges | 640/8 | €2,997 | €2,944 | -€53 | -1.8% |
| Non-recurring operating charges | 66A | -€339 | - | +€339 | |
| Gross operating margin | 9900 | €96,945 | €85,569 | -€11,376 | -11.7% |
| Operating profit (loss) | 9901 | €10,822 | -€12,622 | -€23,445 | |
| Financial income | 75/76B | €36 | €210 | +€175 | +489.2% |
| Recurring financial income | 75 | €36 | €210 | +€175 | +489.2% |
| Financial charges | 65/66B | €977 | €178 | -€799 | -81.8% |
| Recurring financial charges | 65 | €977 | €178 | -€799 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | €9,881 | -€12,590 | -€22,471 | |
| Income taxes | 67/77 | €240 | €141 | -€99 | -41.3% |
| Profit (loss) for the period | 9904 | €9,641 | -€12,731 | -€22,372 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,641 | -€12,731 | -€22,372 |
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 6 October 2026 via checked.be.