BENECA: 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.
What changed
BENECA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€5,457
2024 · €5,275-€10,732
Equity
€456,879
2024 · €462,336-€5,457
Cash
€1,560
2024 · €2,983-€1,423
Balance sheet total
€1.0m
2024 · €1.1m-€36,679
Largest movements
Assets
- Tangible fixed assets -€35,359
down €35,359 (-3.4%), from €1.0m to €1.0m
of which Land and buildings: -€28,892
Equity and liabilities
- Debts after one year -€33,557
down €33,557 (-14.3%), from €234,025 to €200,468
Income statement
- Gross operating margin -€8,832
down €8,832 (-12.5%), from €70,876 to €62,044
- Taxes +€2,664
up €2,664 (+47.6%), from €5,597 to €8,261
- Financial charges -€2,570
down €2,570 (-10.6%), from €24,269 to €21,699
- Other operating charges +€1,430
up €1,430 (+35.0%), from €4,084 to €5,514
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.
Result 2024
€5,275
Gross operating margin
-€8,832
Depreciation
-€366
Other operating charges
-€1,430
Financial income
-€10
Financial charges
+€2,570
Taxes
-€2,664
Result 2025
-€5,457
raises the resultlowers the result
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.
From operations
+€32,087
Investment
€0
Financing
-€33,510
Cash 2024
€2,983
From operations (derived)
+€32,087
Net result for the year
-€5,457
Depreciation
+€35,359
Receivables within one year
-€194
Deferred charges and accrued income
+€91
Provisions
-€3,332
Trade debts
+€339
Tax, wage and social debts
-€1,030
Advances received
+€2,313
Other debts
+€7,671
Accrued charges and deferred income
-€3,673
Financing
-€33,510
Debts after one year
-€33,557
Current portion of long-term debt
+€46
Cash 2025
€1,560
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,053,196 | €1,016,517 | -€36,679 | -3.5% |
| Fixed assets | 21/28 | €1,048,618 | €1,013,259 | -€35,359 | -3.4% |
| Tangible fixed assets | 22/27 | €1,048,618 | €1,013,259 | -€35,359 | -3.4% |
| Land and buildings | 22 | €964,598 | €935,706 | -€28,892 | -3.0% |
| Furniture and vehicles | 24 | €84,020 | €77,553 | -€6,467 | -7.7% |
| Current assets | 29/58 | €4,579 | €3,258 | -€1,321 | -28.8% |
| Amounts receivable within one year | 40/41 | - | €194 | +€194 | |
| Trade receivables | 40 | - | €194 | +€194 | |
| Cash at bank and in hand | 54/58 | €2,983 | €1,560 | -€1,423 | -47.7% |
| Deferred charges and accrued income | 490/1 | €1,596 | €1,505 | -€91 | -5.7% |
| Total equity and liabilities | 10/49 | €1,053,196 | €1,016,517 | -€36,679 | -3.5% |
| Equity | 10/15 | €462,336 | €456,879 | -€5,457 | -1.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €238,501 | €228,504 | -€9,997 | -4.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €232,301 | €222,304 | -€9,997 | -4.3% |
| Profit (loss) carried forward | 14 | €161,835 | €166,375 | +€4,540 | +2.8% |
| Provisions and deferred taxes | 16 | €77,434 | €74,101 | -€3,332 | -4.3% |
| Deferred taxes | 168 | €77,434 | €74,101 | -€3,332 | -4.3% |
| Amounts payable | 17/49 | €513,427 | €485,536 | -€27,891 | -5.4% |
| Amounts payable after more than one year | 17 | €234,025 | €200,468 | -€33,557 | -14.3% |
| Financial debts | 170/4 | €234,025 | €200,468 | -€33,557 | -14.3% |
| Amounts payable within one year | 42/48 | €266,758 | €276,097 | +€9,339 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €33,061 | €33,107 | +€46 | +0.1% |
| Trade debts | 44 | €1,849 | €2,188 | +€339 | +18.4% |
| Suppliers | 440/4 | €1,849 | €2,188 | +€339 | +18.4% |
| Advances received on contracts in progress | 46 | €310 | €2,623 | +€2,313 | +746% |
| Taxes, remuneration and social security | 45 | €7,990 | €6,960 | -€1,030 | -12.9% |
| Taxes | 450/3 | €7,990 | €6,960 | -€1,030 | -12.9% |
| Other amounts payable | 47/48 | €223,548 | €231,219 | +€7,671 | +3.4% |
| Accrued charges and deferred income | 492/3 | €12,645 | €8,972 | -€3,673 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,993 | €35,359 | +€366 | +1.0% |
| Other operating charges | 640/8 | €4,084 | €5,514 | +€1,430 | +35.0% |
| Gross operating margin | 9900 | €70,876 | €62,044 | -€8,832 | -12.5% |
| Operating profit (loss) | 9901 | €31,799 | €21,171 | -€10,628 | -33.4% |
| Financial income | 75/76B | €11 | €0 | -€10 | -99.2% |
| Recurring financial income | 75 | €11 | €0 | -€10 | -99.2% |
| Financial charges | 65/66B | €24,269 | €21,699 | -€2,570 | -10.6% |
| Recurring financial charges | 65 | €24,269 | €21,699 | -€2,570 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €7,541 | -€528 | -€8,068 | |
| Transfer from deferred taxes | 780 | €3,332 | €3,332 | = | 0.0% |
| Income taxes | 67/77 | €5,597 | €8,261 | +€2,664 | +47.6% |
| Profit (loss) for the period | 9904 | €5,275 | -€5,457 | -€10,732 | |
| Transfer from tax-exempt reserves | 789 | €9,997 | €9,997 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,272 | €4,540 | -€10,732 | -70.3% |
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 17 October 2026 via checked.be.