Benegas Belgium: 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.
Benegas Belgium
Largest movements
- Receivables within one year +€1.7m
up €1.7m (+32.7%), from €5.2m to €6.9m
of which Other amounts receivable: +€1.7m
- Tangible fixed assets -€194,255
down €194,255 (-12.9%), from €1.5m to €1.3m
- Other debts +€737,186
up €737,186 (+14.0%), from €5.3m to €6.0m
- Trade debts +€411,184
up €411,184 (+145.4%), from €282,753 to €693,937
- Tax, wage and social debts +€249,443
up €249,443 (+170.5%), from €146,292 to €395,735
of which Taxes: +€230,244
- Reserves +€148,643
up €148,643 (+16.3%), from €913,968 to €1.1m
of which Distributable reserves: +€148,643
- Gross operating margin -€188,512
down €188,512 (-30.9%), from €609,928 to €421,416
- Staff costs -€169,094
down €169,094 (-64.6%), from €261,907 to €92,813
- Financial income +€47,179
up €47,179 (+42.7%), from €110,482 to €157,662
of which Non-recurring financial income: +€44,427
- Write-downs +€44,927
up €44,927, from -€7,840 to €37,087
- Financial charges +€32,771
up €32,771 (+911.7%), from €3,595 to €36,366
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 | €6,721,929 | €8,276,754 | +€1.6m | +23.1% |
| Fixed assets | 21/28 | €1,502,981 | €1,308,726 | -€194,255 | -12.9% |
| Tangible fixed assets | 22/27 | €1,502,981 | €1,308,726 | -€194,255 | -12.9% |
| Plant, machinery and equipment | 23 | €1,502,981 | €1,308,726 | -€194,255 | -12.9% |
| Current assets | 29/58 | €5,218,948 | €6,968,027 | +€1.7m | +33.5% |
| Stocks and contracts in progress | 3 | €0 | €52,046 | +€52,046 | +520461800.0% |
| Stocks | 30/36 | €0 | €52,046 | +€52,046 | +520461800.0% |
| Amounts receivable within one year | 40/41 | €5,212,162 | €6,915,981 | +€1.7m | +32.7% |
| Trade receivables | 40 | €1,491,479 | €1,470,511 | -€20,967 | -1.4% |
| Other amounts receivable | 41 | €3,720,683 | €5,445,470 | +€1.7m | +46.4% |
| Cash at bank and in hand | 54/58 | €6,786 | - | -€6,786 | |
| Total equity and liabilities | 10/49 | €6,721,929 | €8,276,754 | +€1.6m | +23.1% |
| Equity | 10/15 | €932,518 | €1,081,160 | +€148,643 | +15.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €913,968 | €1,062,610 | +€148,643 | +16.3% |
| Non-distributable reserves | 130/1 | €3,511 | €3,511 | = | 0.0% |
| Other | 1319 | €3,511 | €3,511 | = | 0.0% |
| Distributable reserves | 133 | €910,457 | €1,059,099 | +€148,643 | +16.3% |
| Amounts payable | 17/49 | €5,789,412 | €7,195,594 | +€1.4m | +24.3% |
| Amounts payable within one year | 42/48 | €5,703,781 | €7,101,594 | +€1.4m | +24.5% |
| Trade debts | 44 | €282,753 | €693,937 | +€411,184 | +145.4% |
| Suppliers | 440/4 | €282,753 | €693,937 | +€411,184 | +145.4% |
| Taxes, remuneration and social security | 45 | €146,292 | €395,735 | +€249,443 | +170.5% |
| Taxes | 450/3 | €141,545 | €371,789 | +€230,244 | +162.7% |
| Remuneration and social security | 454/9 | €4,747 | €23,946 | +€19,199 | +404.4% |
| Other amounts payable | 47/48 | €5,274,735 | €6,011,921 | +€737,186 | +14.0% |
| Accrued charges and deferred income | 492/3 | €85,631 | €94,000 | +€8,369 | +9.8% |
| Non-recurring operating income | 76A | - | €590,040 | +€590,040 | |
| Remuneration, social security and pensions | 62 | €261,907 | €92,813 | -€169,094 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199,212 | €202,045 | +€2,833 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,840 | €37,087 | +€44,927 | |
| Gross operating margin | 9900 | €609,928 | €421,416 | -€188,512 | -30.9% |
| Operating profit (loss) | 9901 | €156,650 | €89,472 | -€67,178 | -42.9% |
| Financial income | 75/76B | €110,482 | €157,662 | +€47,179 | +42.7% |
| Recurring financial income | 75 | €164 | €2,916 | +€2,752 | +1680.1% |
| Non-recurring financial income | 76B | €110,319 | €154,746 | +€44,427 | +40.3% |
| Financial charges | 65/66B | €3,595 | €36,366 | +€32,771 | +911.7% |
| Recurring financial charges | 65 | €3,595 | €36,366 | +€32,771 | +911.7% |
| Profit (loss) for the period before taxes | 9903 | €263,538 | €210,768 | -€52,770 | -20.0% |
| Income taxes | 67/77 | €78,166 | €62,126 | -€16,040 | -20.5% |
| Profit (loss) for the period | 9904 | €185,372 | €148,643 | -€36,729 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €185,372 | €148,643 | -€36,729 | -19.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.