BENEKOR: 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.
BENEKOR
Largest movements
- Cash -€414,513
down €414,513 (-94.6%), from €438,101 to €23,588
mainly Net result for the year (-€159,329) and Debts after one year (-€131,051)
- Tangible fixed assets -€102,938
down €102,938 (-3.2%), from €3.2m to €3.1m
of which Land and buildings: -€102,505
- Profit (loss) carried forward -€157,984
down €157,984 (-45.2%), from €349,212 to €191,227
- Debts after one year -€131,051
down €131,051 (-5.8%), from €2.3m to €2.1m
- Other debts -€123,092
down €123,092 (-16.5%), from €745,417 to €622,325
- Tax, wage and social debts -€84,391
down €84,391 (-99.1%), from €85,146 to €755
- Gross operating margin -€458,269
down €458,269 (-98.5%), from €465,036 to €6,767
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 | €3,689,646 | €3,164,943 | -€524,703 | -14.2% |
| Fixed assets | 21/28 | €3,241,698 | €3,138,760 | -€102,938 | -3.2% |
| Tangible fixed assets | 22/27 | €3,241,698 | €3,138,760 | -€102,938 | -3.2% |
| Land and buildings | 22 | €3,153,907 | €3,051,402 | -€102,505 | -3.3% |
| Plant, machinery and equipment | 23 | €953 | €521 | -€432 | -45.3% |
| Other tangible fixed assets | 26 | €86,837 | €86,837 | = | 0.0% |
| Current assets | 29/58 | €447,949 | €26,183 | -€421,765 | -94.2% |
| Amounts receivable within one year | 40/41 | €9,847 | €2,595 | -€7,252 | -73.6% |
| Trade receivables | 40 | €9,847 | €2,595 | -€7,252 | -73.6% |
| Cash at bank and in hand | 54/58 | €438,101 | €23,588 | -€414,513 | -94.6% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €3,689,646 | €3,164,943 | -€524,703 | -14.2% |
| Equity | 10/15 | €428,412 | €270,427 | -€157,984 | -36.9% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Capital | 10 | €72,000 | €72,000 | = | 0.0% |
| Issued capital | 100 | €72,000 | €72,000 | = | 0.0% |
| Reserves | 13 | €7,200 | €7,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,200 | €7,200 | = | 0.0% |
| Legal reserve | 130 | €7,200 | €7,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €349,212 | €191,227 | -€157,984 | -45.2% |
| Amounts payable | 17/49 | €3,261,235 | €2,894,516 | -€366,719 | -11.2% |
| Amounts payable after more than one year | 17 | €2,271,048 | €2,139,997 | -€131,051 | -5.8% |
| Financial debts | 170/4 | €2,271,048 | €2,139,997 | -€131,051 | -5.8% |
| Amounts payable within one year | 42/48 | €990,187 | €754,519 | -€235,668 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €129,041 | €131,051 | +€2,010 | +1.6% |
| Trade debts | 44 | €30,583 | €389 | -€30,194 | -98.7% |
| Suppliers | 440/4 | €30,583 | €389 | -€30,194 | -98.7% |
| Taxes, remuneration and social security | 45 | €85,146 | €755 | -€84,391 | -99.1% |
| Taxes | 450/3 | €85,146 | €755 | -€84,391 | -99.1% |
| Other amounts payable | 47/48 | €745,417 | €622,325 | -€123,092 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,675 | €116,303 | +€4,628 | +4.1% |
| Other operating charges | 640/8 | €12,592 | €11,938 | -€653 | -5.2% |
| Gross operating margin | 9900 | €465,036 | €6,767 | -€458,269 | -98.5% |
| Operating profit (loss) | 9901 | €340,769 | -€121,474 | -€462,244 | |
| Financial charges | 65/66B | €39,441 | €37,855 | -€1,586 | -4.0% |
| Recurring financial charges | 65 | €39,441 | €37,855 | -€1,586 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €301,328 | -€159,329 | -€460,657 | |
| Profit (loss) for the period | 9904 | €301,328 | -€159,329 | -€460,657 | |
| Profit (loss) for the period to be appropriated | 9905 | €301,328 | -€159,329 | -€460,657 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.