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BENEMAS: 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.

What changed

BENEMAS

BE 0840.506.780
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1,806
2024 · €12,828-€11,023
Equity
€86,080
2024 · €84,274+€1,806
Cash
€21,577
2024 · €20,148+€1,429
Balance sheet total
€146,409
2024 · €134,103+€12,305

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€32,786

    new in 2025: €32,786

  • Stocks and contracts -€13,206

    down €13,206 (-24.9%), from €52,952 to €39,746

  • Financial fixed assets -€4,145

    down €4,145 (-43.9%), from €9,445 to €5,300

  • Receivables within one year -€3,766

    down €3,766 (-7.4%), from €50,766 to €47,000

    of which Trade receivables: -€35,532

Equity and liabilities
  • Debts after one year +€26,159

    new in 2025: €26,159

  • Trade debts -€16,782

    down €16,782 (-90.4%), from €18,559 to €1,778

  • Current portion of long-term debt +€7,769

    new in 2025: €7,769

  • Tax, wage and social debts -€6,647

    down €6,647 (-21.3%), from €31,270 to €24,623

  • Reserves +€1,806

    up €1,806 (+2.8%), from €64,274 to €66,080

Income statement
  • Gross operating margin -€12,929

    down €12,929 (-65.7%), from €19,683 to €6,755

  • Taxes -€3,296

    down €3,296 (-80.7%), from €4,082 to €787

  • Depreciation +€1,834

    new in 2025: €1,834

  • Other operating charges -€416

    down €416 (-15.3%), from €2,724 to €2,309

  • Financial income +€276

    up €276 (+103%), from €268 to €544

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €12,828
Gross operating margin -€12,929
Depreciation -€1,834
Other operating charges +€416
Financial income +€276
Financial charges -€247
Taxes +€3,296
Result 2025 €1,806
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€2,025
Investment -€30,475
Financing +€33,928
Cash 2024 €20,148
Net result for the year +€1,806
Depreciation +€1,834
Stocks and contracts +€13,206
Receivables within one year +€3,766
Deferred charges and accrued income +€792
Trade debts -€16,782
Tax, wage and social debts -€6,647
Investment in fixed assets (net) -€30,475
Debts after one year +€26,159
Current portion of long-term debt +€7,769
Cash 2025 €21,577
brings cash intakes cash out
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €134,103 €146,409 +€12,305 +9.2%
Fixed assets 21/28 €9,445 €38,086 +€28,641 +303%
Tangible fixed assets 22/27 - €32,786 +€32,786
Furniture and vehicles 24 - €32,786 +€32,786
Financial fixed assets 28 €9,445 €5,300 -€4,145 -43.9%
Current assets 29/58 €124,658 €108,323 -€16,336 -13.1%
Stocks and contracts in progress 3 €52,952 €39,746 -€13,206 -24.9%
Stocks 30/36 €52,952 €39,746 -€13,206 -24.9%
Amounts receivable within one year 40/41 €50,766 €47,000 -€3,766 -7.4%
Trade receivables 40 €42,110 €6,578 -€35,532 -84.4%
Other amounts receivable 41 €8,656 €40,422 +€31,766 +367%
Cash at bank and in hand 54/58 €20,148 €21,577 +€1,429 +7.1%
Deferred charges and accrued income 490/1 €792 €0 -€792 -100%
Total equity and liabilities 10/49 €134,103 €146,409 +€12,305 +9.2%
Equity 10/15 €84,274 €86,080 +€1,806 +2.1%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €64,274 €66,080 +€1,806 +2.8%
Distributable reserves 133 €64,274 €66,080 +€1,806 +2.8%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €49,829 €60,329 +€10,500 +21.1%
Amounts payable after more than one year 17 - €26,159 +€26,159
Financial debts 170/4 - €26,159 +€26,159
Amounts payable within one year 42/48 €49,829 €34,170 -€15,659 -31.4%
Current portion of amounts payable after more than one year 42 - €7,769 +€7,769
Trade debts 44 €18,559 €1,778 -€16,782 -90.4%
Suppliers 440/4 €18,559 €1,778 -€16,782 -90.4%
Taxes, remuneration and social security 45 €31,270 €24,623 -€6,647 -21.3%
Taxes 450/3 €31,270 €24,623 -€6,647 -21.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €1,834 +€1,834
Other operating charges 640/8 €2,724 €2,309 -€416 -15.3%
Gross operating margin 9900 €19,683 €6,755 -€12,929 -65.7%
Operating profit (loss) 9901 €16,959 €2,612 -€14,347 -84.6%
Financial income 75/76B €268 €544 +€276 +103%
Recurring financial income 75 €268 €544 +€276 +103%
Financial charges 65/66B €317 €564 +€247 +78.0%
Recurring financial charges 65 €317 €564 +€247 +78.0%
Profit (loss) for the period before taxes 9903 €16,911 €2,592 -€14,318 -84.7%
Income taxes 67/77 €4,082 €787 -€3,296 -80.7%
Profit (loss) for the period 9904 €12,828 €1,806 -€11,023 -85.9%
Profit (loss) for the period to be appropriated 9905 €12,828 €1,806 -€11,023 -85.9%

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 24 October 2026 via checked.be.