Benelux 95: 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.
Benelux 95
Largest movements
- Cash -€10,523
down €10,523 (-37.1%), from €28,377 to €17,855
mainly Receivables within one year (-€6,097) and Net result for the year (-€5,582)
- Receivables within one year +€6,097
up €6,097 (+43.4%), from €14,046 to €20,144
of which Other amounts receivable: +€9,178
- Tangible fixed assets -€5,787
down €5,787 (-40.3%), from €14,349 to €8,562
of which Furniture and vehicles: -€5,559
- Profit (loss) carried forward -€5,582
down €5,582 (-17.5%), from -€31,976 to -€37,558
- Tax, wage and social debts -€2,750
down €2,750 (-19.0%), from €14,453 to €11,703
- Debts after one year -€2,645
no longer reported in 2025 (was €2,645)
- Trade debts +€2,109
up €2,109 (+32.1%), from €6,569 to €8,678
- Current portion of long-term debt -€1,843
down €1,843 (-41.1%), from €4,487 to €2,645
- Gross operating margin -€22,648
down €22,648, from €22,492 to -€156
- Taxes -€5,180
down €5,180 (-85.9%), from €6,033 to €853
- Financial income +€1,844
up €1,844 (+151%), from €1,218 to €3,062
- Financial charges -€467
down €467 (-64.5%), from €724 to €257
- Depreciation +€370
up €370 (+5.7%), from €6,469 to €6,839
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 | €57,403 | €47,206 | -€10,197 | -17.8% |
| Fixed assets | 21/28 | €14,436 | €8,649 | -€5,787 | -40.1% |
| Tangible fixed assets | 22/27 | €14,349 | €8,562 | -€5,787 | -40.3% |
| Land and buildings | 22 | €802 | €143 | -€659 | -82.2% |
| Plant, machinery and equipment | 23 | €348 | €780 | +€431 | +124% |
| Furniture and vehicles | 24 | €10,261 | €4,702 | -€5,559 | -54.2% |
| Other tangible fixed assets | 26 | €2,938 | €2,938 | = | 0.0% |
| Financial fixed assets | 28 | €87 | €87 | = | 0.0% |
| Current assets | 29/58 | €42,967 | €38,557 | -€4,410 | -10.3% |
| Amounts receivable within one year | 40/41 | €14,046 | €20,144 | +€6,097 | +43.4% |
| Trade receivables | 40 | €13,136 | €10,055 | -€3,081 | -23.5% |
| Other amounts receivable | 41 | €910 | €10,088 | +€9,178 | +1,009% |
| Cash at bank and in hand | 54/58 | €28,377 | €17,855 | -€10,523 | -37.1% |
| Deferred charges and accrued income | 490/1 | €543 | €558 | +€15 | +2.8% |
| Total equity and liabilities | 10/49 | €57,403 | €47,206 | -€10,197 | -17.8% |
| Equity | 10/15 | €27,402 | €21,820 | -€5,582 | -20.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €40,786 | €40,786 | = | 0.0% |
| Distributable reserves | 133 | €40,786 | €40,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,976 | -€37,558 | -€5,582 | -17.5% |
| Amounts payable | 17/49 | €30,000 | €25,385 | -€4,615 | -15.4% |
| Amounts payable after more than one year | 17 | €2,645 | - | -€2,645 | |
| Financial debts | 170/4 | €2,645 | - | -€2,645 | |
| Amounts payable within one year | 42/48 | €26,053 | €23,025 | -€3,027 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €4,487 | €2,645 | -€1,843 | -41.1% |
| Trade debts | 44 | €6,569 | €8,678 | +€2,109 | +32.1% |
| Suppliers | 440/4 | €6,569 | €8,678 | +€2,109 | +32.1% |
| Taxes, remuneration and social security | 45 | €14,453 | €11,703 | -€2,750 | -19.0% |
| Taxes | 450/3 | €14,453 | €11,703 | -€2,750 | -19.0% |
| Other amounts payable | 47/48 | €544 | - | -€544 | |
| Accrued charges and deferred income | 492/3 | €1,303 | €2,360 | +€1,057 | +81.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,469 | €6,839 | +€370 | +5.7% |
| Other operating charges | 640/8 | €529 | €539 | +€10 | +1.9% |
| Gross operating margin | 9900 | €22,492 | -€156 | -€22,648 | |
| Operating profit (loss) | 9901 | €15,494 | -€7,534 | -€23,028 | |
| Financial income | 75/76B | €1,218 | €3,062 | +€1,844 | +151% |
| Recurring financial income | 75 | €1,218 | €3,062 | +€1,844 | +151% |
| Financial charges | 65/66B | €724 | €257 | -€467 | -64.5% |
| Recurring financial charges | 65 | €724 | €257 | -€467 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | €15,988 | -€4,729 | -€20,717 | |
| Income taxes | 67/77 | €6,033 | €853 | -€5,180 | -85.9% |
| Profit (loss) for the period | 9904 | €9,954 | -€5,582 | -€15,536 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,954 | -€5,582 | -€15,536 |
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 29 October 2026 via checked.be.