BENELUX-IT: 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-IT
Largest movements
- Stocks and contracts -€127,166
down €127,166 (-34.7%), from €366,012 to €238,845
- Receivables within one year +€66,691
up €66,691 (+34.5%), from €193,168 to €259,859
of which Trade receivables: +€48,368
- Tangible fixed assets -€34,243
down €34,243 (-73.1%), from €46,815 to €12,572
of which Furniture and vehicles: -€33,898
- Cash -€26,247
down €26,247 (-38.2%), from €68,623 to €42,377
mainly Debts after one year (-€102,066) and Other debts (-€67,500)
- Debts after one year -€102,066
down €102,066 (-40.0%), from €255,217 to €153,151
- Other debts -€67,500
down €67,500 (-46.8%), from €144,166 to €76,666
- Short-term financial debts +€30,000
up €30,000 (+652.0%), from €4,601 to €34,601
- Current portion of long-term debt +€10,880
up €10,880 (+24.0%), from €45,354 to €56,234
- Trade debts +€8,438
up €8,438 (+3.5%), from €238,425 to €246,863
- Staff costs -€131,472
down €131,472 (-19.2%), from €684,339 to €552,867
- Gross operating margin -€63,166
down €63,166 (-9.5%), from €665,487 to €602,321
- Depreciation -€8,840
down €8,840 (-29.1%), from €30,339 to €21,499
- Taxes +€7,094
up €7,094 (+177.1%), from €4,005 to €11,099
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 | €693,992 | €576,737 | -€117,255 | -16.9% |
| Fixed assets | 21/28 | €49,523 | €15,280 | -€34,243 | -69.1% |
| Tangible fixed assets | 22/27 | €46,815 | €12,572 | -€34,243 | -73.1% |
| Plant, machinery and equipment | 23 | €965 | €620 | -€344 | -35.7% |
| Furniture and vehicles | 24 | €45,850 | €11,952 | -€33,898 | -73.9% |
| Financial fixed assets | 28 | €2,708 | €2,708 | = | 0.0% |
| Current assets | 29/58 | €644,469 | €561,456 | -€83,013 | -12.9% |
| Stocks and contracts in progress | 3 | €366,012 | €238,845 | -€127,166 | -34.7% |
| Stocks | 30/36 | €366,012 | €238,845 | -€127,166 | -34.7% |
| Amounts receivable within one year | 40/41 | €193,168 | €259,859 | +€66,691 | +34.5% |
| Trade receivables | 40 | €143,618 | €191,985 | +€48,368 | +33.7% |
| Other amounts receivable | 41 | €49,550 | €67,874 | +€18,324 | +37.0% |
| Cash at bank and in hand | 54/58 | €68,623 | €42,377 | -€26,247 | -38.2% |
| Deferred charges and accrued income | 490/1 | €16,666 | €20,375 | +€3,709 | +22.3% |
| Total equity and liabilities | 10/49 | €693,992 | €576,737 | -€117,255 | -16.9% |
| Equity | 10/15 | -€5,174 | -€3,910 | +€1,264 | +24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,243 | €9,243 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,383 | €7,383 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,017 | -€31,753 | +€1,264 | +3.8% |
| Amounts payable | 17/49 | €699,166 | €580,647 | -€118,519 | -17.0% |
| Amounts payable after more than one year | 17 | €255,217 | €153,151 | -€102,066 | -40.0% |
| Financial debts | 170/4 | €255,217 | €153,151 | -€102,066 | -40.0% |
| Amounts payable within one year | 42/48 | €441,549 | €425,096 | -€16,453 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €45,354 | €56,234 | +€10,880 | +24.0% |
| Financial debts | 43 | €4,601 | €34,601 | +€30,000 | +652.0% |
| Credit institutions | 430/8 | €4,601 | €34,601 | +€30,000 | +652.0% |
| Trade debts | 44 | €238,425 | €246,863 | +€8,438 | +3.5% |
| Suppliers | 440/4 | €238,425 | €246,863 | +€8,438 | +3.5% |
| Taxes, remuneration and social security | 45 | €9,002 | €10,732 | +€1,730 | +19.2% |
| Taxes | 450/3 | €4,282 | €10,732 | +€6,450 | +150.6% |
| Remuneration and social security | 454/9 | €4,721 | - | -€4,721 | |
| Other amounts payable | 47/48 | €144,166 | €76,666 | -€67,500 | -46.8% |
| Accrued charges and deferred income | 492/3 | €2,400 | €2,400 | = | 0.0% |
| Non-recurring operating income | 76A | €497 | €1,000 | +€503 | +101.3% |
| Remuneration, social security and pensions | 62 | €684,339 | €552,867 | -€131,472 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,339 | €21,499 | -€8,840 | -29.1% |
| Other operating charges | 640/8 | €12,131 | €5,707 | -€6,423 | -53.0% |
| Non-recurring operating charges | 66A | - | €5,644 | +€5,644 | |
| Gross operating margin | 9900 | €665,487 | €602,321 | -€63,166 | -9.5% |
| Operating profit (loss) | 9901 | -€61,321 | €16,604 | +€77,925 | |
| Financial income | 75/76B | €3 | €269 | +€266 | +9447.9% |
| Recurring financial income | 75 | €3 | €269 | +€266 | +9447.9% |
| Financial charges | 65/66B | €6,978 | €4,510 | -€2,467 | -35.4% |
| Recurring financial charges | 65 | €6,978 | €4,510 | -€2,467 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€68,296 | €12,363 | +€80,659 | |
| Income taxes | 67/77 | €4,005 | €11,099 | +€7,094 | +177.1% |
| Profit (loss) for the period | 9904 | -€72,301 | €1,264 | +€73,565 | |
| Profit (loss) for the period to be appropriated | 9905 | -€72,301 | €1,264 | +€73,565 |
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 12 October 2026 via checked.be.