BENEHARO: 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.
BENEHARO
Largest movements
- Current investments +€130,210
up €130,210 (+473%), from €27,514 to €157,724
- Cash -€25,666
down €25,666 (-32.5%), from €78,958 to €53,293
mainly Current investments (-€130,210) and Receivables within one year (-€794)
- Reserves +€85,125
up €85,125 (+103%), from €82,978 to €168,102
- Trade debts +€18,166
new in 2025: €18,166
- Financial income +€1,617
up €1,617 (+11,369%), from €14 to €1,631
- Gross operating margin +€1,400
up €1,400 (+1.2%), from €118,862 to €120,263
- Taxes +€1,255
up €1,255 (+3.8%), from €33,405 to €34,660
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 | €123,819 | €227,585 | +€103,766 | +83.8% |
| Fixed assets | 21/28 | €5,247 | €3,674 | -€1,573 | -30.0% |
| Tangible fixed assets | 22/27 | €5,247 | €3,674 | -€1,573 | -30.0% |
| Furniture and vehicles | 24 | €5,247 | €3,674 | -€1,573 | -30.0% |
| Current assets | 29/58 | €118,573 | €223,911 | +€105,339 | +88.8% |
| Amounts receivable within one year | 40/41 | €12,100 | €12,894 | +€794 | +6.6% |
| Trade receivables | 40 | €12,100 | €12,894 | +€794 | +6.6% |
| Current investments | 50/53 | €27,514 | €157,724 | +€130,210 | +473% |
| Cash at bank and in hand | 54/58 | €78,958 | €53,293 | -€25,666 | -32.5% |
| Total equity and liabilities | 10/49 | €123,819 | €227,585 | +€103,766 | +83.8% |
| Equity | 10/15 | €85,978 | €171,102 | +€85,125 | +99.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,978 | €168,102 | +€85,125 | +103% |
| Distributable reserves | 133 | €82,978 | €168,102 | +€85,125 | +103% |
| Amounts payable | 17/49 | €37,842 | €56,483 | +€18,641 | +49.3% |
| Amounts payable within one year | 42/48 | €37,842 | €56,483 | +€18,641 | +49.3% |
| Trade debts | 44 | - | €18,166 | +€18,166 | |
| Suppliers | 440/4 | - | €18,166 | +€18,166 | |
| Taxes, remuneration and social security | 45 | €37,678 | €37,920 | +€242 | +0.6% |
| Taxes | 450/3 | €37,678 | €37,920 | +€242 | +0.6% |
| Other amounts payable | 47/48 | €163 | €397 | +€233 | +143% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,596 | €1,573 | -€23 | -1.4% |
| Other operating charges | 640/8 | €873 | €465 | -€407 | -46.7% |
| Gross operating margin | 9900 | €118,862 | €120,263 | +€1,400 | +1.2% |
| Operating profit (loss) | 9901 | €116,394 | €118,224 | +€1,831 | +1.6% |
| Financial income | 75/76B | €14 | €1,631 | +€1,617 | +11,369% |
| Recurring financial income | 75 | €14 | €1,631 | +€1,617 | +11,369% |
| Financial charges | 65/66B | €25 | €71 | +€46 | +182% |
| Recurring financial charges | 65 | €25 | €71 | +€46 | +182% |
| Profit (loss) for the period before taxes | 9903 | €116,383 | €119,784 | +€3,402 | +2.9% |
| Income taxes | 67/77 | €33,405 | €34,660 | +€1,255 | +3.8% |
| Profit (loss) for the period | 9904 | €82,978 | €85,125 | +€2,147 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €82,978 | €85,125 | +€2,147 | +2.6% |
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 13 October 2026 via checked.be.