BENEDEN!: 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.
BENEDEN!
Largest movements
- Tangible fixed assets -€18,848
down €18,848 (-43.8%), from €43,054 to €24,206
of which Land and buildings: -€19,736
- Cash +€7,233
up €7,233 (+23.2%), from €31,121 to €38,354
mainly Investment in fixed assets (net) (+€13,845) and Depreciation (+€5,003)
- Deferred charges and accrued income -€1,064
no longer reported in 2025 (was €1,064)
- Receivables within one year +€971
up €971 (+33.7%), from €2,884 to €3,856
of which Trade receivables: +€537
- Trade debts -€10,358
down €10,358 (-87.5%), from €11,834 to €1,475
- Other debts -€3,677
down €3,677 (-30.9%), from €11,894 to €8,217
- Tax, wage and social debts +€1,459
up €1,459 (+30.4%), from €4,801 to €6,260
- Short-term financial debts +€785
up €785 (+56.6%), from €1,386 to €2,170
- Gross operating margin +€3,207
up €3,207 (+20.3%), from €15,767 to €18,974
- Depreciation -€2,098
down €2,098 (-29.5%), from €7,101 to €5,003
- Other operating charges -€1,094
down €1,094 (-51.0%), from €2,142 to €1,049
- Taxes -€652
down €652 (-14.9%), from €4,378 to €3,726
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 | €78,123 | €66,416 | -€11,707 | -15.0% |
| Fixed assets | 21/28 | €43,054 | €24,206 | -€18,848 | -43.8% |
| Tangible fixed assets | 22/27 | €43,054 | €24,206 | -€18,848 | -43.8% |
| Land and buildings | 22 | €33,198 | €13,462 | -€19,736 | -59.4% |
| Furniture and vehicles | 24 | €1,268 | €2,855 | +€1,587 | +125.2% |
| Other tangible fixed assets | 26 | €8,589 | €7,889 | -€700 | -8.2% |
| Current assets | 29/58 | €35,069 | €42,210 | +€7,141 | +20.4% |
| Amounts receivable within one year | 40/41 | €2,884 | €3,856 | +€971 | +33.7% |
| Trade receivables | 40 | €2,588 | €3,125 | +€537 | +20.7% |
| Other amounts receivable | 41 | €296 | €731 | +€434 | +146.7% |
| Cash at bank and in hand | 54/58 | €31,121 | €38,354 | +€7,233 | +23.2% |
| Deferred charges and accrued income | 490/1 | €1,064 | - | -€1,064 | |
| Total equity and liabilities | 10/49 | €78,123 | €66,416 | -€11,707 | -15.0% |
| Equity | 10/15 | €48,174 | €48,293 | +€119 | +0.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €47,174 | €47,293 | +€119 | +0.3% |
| Distributable reserves | 133 | €47,174 | €47,293 | +€119 | +0.3% |
| Amounts payable | 17/49 | €29,949 | €18,123 | -€11,826 | -39.5% |
| Amounts payable within one year | 42/48 | €29,915 | €18,123 | -€11,792 | -39.4% |
| Financial debts | 43 | €1,386 | €2,170 | +€785 | +56.6% |
| Credit institutions | 430/8 | €1,386 | €2,170 | +€785 | +56.6% |
| Trade debts | 44 | €11,834 | €1,475 | -€10,358 | -87.5% |
| Suppliers | 440/4 | €11,834 | €1,475 | -€10,358 | -87.5% |
| Taxes, remuneration and social security | 45 | €4,801 | €6,260 | +€1,459 | +30.4% |
| Taxes | 450/3 | €4,801 | €6,260 | +€1,459 | +30.4% |
| Other amounts payable | 47/48 | €11,894 | €8,217 | -€3,677 | -30.9% |
| Accrued charges and deferred income | 492/3 | €34 | - | -€34 | |
| Non-recurring operating income | 76A | €1,399 | - | -€1,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,101 | €5,003 | -€2,098 | -29.5% |
| Other operating charges | 640/8 | €2,142 | €1,049 | -€1,094 | -51.0% |
| Non-recurring operating charges | 66A | - | €8,940 | +€8,940 | |
| Gross operating margin | 9900 | €15,767 | €18,974 | +€3,207 | +20.3% |
| Operating profit (loss) | 9901 | €6,524 | €3,982 | -€2,541 | -39.0% |
| Financial income | 75/76B | €347 | €233 | -€115 | -33.0% |
| Recurring financial income | 75 | €347 | €233 | -€115 | -33.0% |
| Financial charges | 65/66B | €420 | €370 | -€49 | -11.8% |
| Recurring financial charges | 65 | €420 | €370 | -€49 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €6,451 | €3,845 | -€2,606 | -40.4% |
| Income taxes | 67/77 | €4,378 | €3,726 | -€652 | -14.9% |
| Profit (loss) for the period | 9904 | €2,073 | €119 | -€1,954 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,073 | €119 | -€1,954 | -94.3% |
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 5 October 2026 via checked.be.