BENEFICE: 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.
BENEFICE
Largest movements
- Tangible fixed assets +€106,543
up €106,543 (+47.3%), from €225,459 to €332,002
of which Furniture and vehicles: +€126,683
- Receivables within one year -€64,179
down €64,179 (-65.3%), from €98,298 to €34,119
of which Trade receivables: -€60,500
- Cash +€26,276
up €26,276 (+30.9%), from €85,022 to €111,298
mainly Debts after one year (+€104,624) and Receivables within one year (+€64,179)
- Debts after one year +€104,624
up €104,624 (+20.8%), from €503,239 to €607,863
- Other debts -€67,787
down €67,787 (-76.6%), from €88,544 to €20,757
- Reserves +€27,990
up €27,990 (+5.9%), from €474,963 to €502,953
- Current portion of long-term debt +€24,599
up €24,599 (+35.6%), from €69,115 to €93,714
- Tax, wage and social debts -€23,970
down €23,970 (-90.3%), from €26,542 to €2,572
- Depreciation +€18,293
up €18,293 (+62.7%), from €29,195 to €47,488
- Gross operating margin -€15,668
down €15,668 (-12.9%), from €121,396 to €105,728
- Taxes -€11,982
down €11,982 (-43.9%), from €27,317 to €15,335
- Other operating charges +€2,254
up €2,254 (+336%), from €671 to €2,925
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,181,004 | €1,249,156 | +€68,152 | +5.8% |
| Fixed assets | 21/28 | €985,459 | €1,092,002 | +€106,543 | +10.8% |
| Tangible fixed assets | 22/27 | €225,459 | €332,002 | +€106,543 | +47.3% |
| Plant, machinery and equipment | 23 | €9,510 | €13,294 | +€3,784 | +39.8% |
| Furniture and vehicles | 24 | €16,661 | €143,344 | +€126,683 | +760% |
| Other tangible fixed assets | 26 | €199,288 | €175,364 | -€23,924 | -12.0% |
| Financial fixed assets | 28 | €760,000 | €760,000 | = | 0.0% |
| Current assets | 29/58 | €195,545 | €157,154 | -€38,391 | -19.6% |
| Amounts receivable within one year | 40/41 | €98,298 | €34,119 | -€64,179 | -65.3% |
| Trade receivables | 40 | €73,810 | €13,310 | -€60,500 | -82.0% |
| Other amounts receivable | 41 | €24,488 | €20,809 | -€3,679 | -15.0% |
| Current investments | 50/53 | €10,590 | €10,590 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €85,022 | €111,298 | +€26,276 | +30.9% |
| Deferred charges and accrued income | 490/1 | €1,635 | €1,147 | -€488 | -29.8% |
| Total equity and liabilities | 10/49 | €1,181,004 | €1,249,156 | +€68,152 | +5.8% |
| Equity | 10/15 | €493,564 | €521,554 | +€27,990 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €474,963 | €502,953 | +€27,990 | +5.9% |
| Distributable reserves | 133 | €474,963 | €502,953 | +€27,990 | +5.9% |
| Profit (loss) carried forward | 14 | €1 | €1 | = | 0.0% |
| Amounts payable | 17/49 | €687,440 | €727,602 | +€40,162 | +5.8% |
| Amounts payable after more than one year | 17 | €503,239 | €607,863 | +€104,624 | +20.8% |
| Financial debts | 170/4 | €503,239 | €607,863 | +€104,624 | +20.8% |
| Amounts payable within one year | 42/48 | €184,201 | €119,739 | -€64,462 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €69,115 | €93,714 | +€24,599 | +35.6% |
| Trade debts | 44 | - | €2,696 | +€2,696 | |
| Suppliers | 440/4 | - | €2,696 | +€2,696 | |
| Taxes, remuneration and social security | 45 | €26,542 | €2,572 | -€23,970 | -90.3% |
| Taxes | 450/3 | €26,542 | €2,572 | -€23,970 | -90.3% |
| Other amounts payable | 47/48 | €88,544 | €20,757 | -€67,787 | -76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,195 | €47,488 | +€18,293 | +62.7% |
| Other operating charges | 640/8 | €671 | €2,925 | +€2,254 | +336% |
| Non-recurring operating charges | 66A | €403 | - | -€403 | |
| Gross operating margin | 9900 | €121,396 | €105,728 | -€15,668 | -12.9% |
| Operating profit (loss) | 9901 | €91,127 | €55,315 | -€35,812 | -39.3% |
| Financial income | 75/76B | €425 | €668 | +€243 | +57.2% |
| Recurring financial income | 75 | €425 | €668 | +€243 | +57.2% |
| Financial charges | 65/66B | €12,514 | €12,658 | +€144 | +1.2% |
| Recurring financial charges | 65 | €12,514 | €12,658 | +€144 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €79,038 | €43,325 | -€35,713 | -45.2% |
| Income taxes | 67/77 | €27,317 | €15,335 | -€11,982 | -43.9% |
| Profit (loss) for the period | 9904 | €51,721 | €27,990 | -€23,731 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,721 | €27,990 | -€23,731 | -45.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.