BENETI: 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.
BENETI
Largest movements
- Deferred charges and accrued income -€4,574
down €4,574 (-88.6%), from €5,162 to €589
- Cash +€4,266
up €4,266 (+35.6%), from €11,994 to €16,260
mainly Net result for the year (+€4,996) and Deferred charges and accrued income (+€4,574)
- Receivables within one year +€2,210
up €2,210 (+38.4%), from €5,760 to €7,969
- Intangible fixed assets -€1,000
down €1,000 (-14.2%), from €7,055 to €6,055
- Tangible fixed assets +€633
up €633 (+46.1%), from €1,371 to €2,003
of which Furniture and vehicles: +€763
- Reserves +€4,996
up €4,996 (+83.8%), from €5,965 to €10,962
- Trade debts -€3,511
down €3,511 (-77.0%), from €4,558 to €1,046
- Gross operating margin -€11,012
down €11,012 (-47.9%), from €23,013 to €12,001
- Taxes -€1,781
down €1,781 (-34.3%), from €5,197 to €3,415
- Financial charges +€656
up €656 (+48.9%), from €1,341 to €1,997
- Other operating charges -€594
down €594 (-54.3%), from €1,094 to €500
- Depreciation +€347
up €347 (+32.7%), from €1,062 to €1,409
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 | €31,673 | €33,354 | +€1,681 | +5.3% |
| Fixed assets | 21/28 | €8,426 | €8,058 | -€367 | -4.4% |
| Intangible fixed assets | 21 | €7,055 | €6,055 | -€1,000 | -14.2% |
| Tangible fixed assets | 22/27 | €1,371 | €2,003 | +€633 | +46.1% |
| Plant, machinery and equipment | 23 | €597 | €466 | -€130 | -21.8% |
| Furniture and vehicles | 24 | €774 | €1,537 | +€763 | +98.5% |
| Current assets | 29/58 | €23,248 | €25,296 | +€2,048 | +8.8% |
| Stocks and contracts in progress | 3 | €331 | €478 | +€147 | +44.2% |
| Stocks | 30/36 | €331 | €478 | +€147 | +44.2% |
| Amounts receivable within one year | 40/41 | €5,760 | €7,969 | +€2,210 | +38.4% |
| Other amounts receivable | 41 | €5,760 | €7,969 | +€2,210 | +38.4% |
| Cash at bank and in hand | 54/58 | €11,994 | €16,260 | +€4,266 | +35.6% |
| Deferred charges and accrued income | 490/1 | €5,162 | €589 | -€4,574 | -88.6% |
| Total equity and liabilities | 10/49 | €31,673 | €33,354 | +€1,681 | +5.3% |
| Equity | 10/15 | €19,965 | €24,962 | +€4,996 | +25.0% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €5,965 | €10,962 | +€4,996 | +83.8% |
| Distributable reserves | 133 | €5,965 | €10,962 | +€4,996 | +83.8% |
| Profit (loss) carried forward | 14 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €11,708 | €8,393 | -€3,316 | -28.3% |
| Amounts payable within one year | 42/48 | €11,708 | €8,393 | -€3,316 | -28.3% |
| Trade debts | 44 | €4,558 | €1,046 | -€3,511 | -77.0% |
| Suppliers | 440/4 | €4,558 | €1,046 | -€3,511 | -77.0% |
| Taxes, remuneration and social security | 45 | €7,151 | €7,346 | +€196 | +2.7% |
| Taxes | 450/3 | €7,151 | €7,346 | +€196 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,062 | €1,409 | +€347 | +32.7% |
| Other operating charges | 640/8 | €1,094 | €500 | -€594 | -54.3% |
| Gross operating margin | 9900 | €23,013 | €12,001 | -€11,012 | -47.9% |
| Operating profit (loss) | 9901 | €20,858 | €10,092 | -€10,766 | -51.6% |
| Financial income | 75/76B | €212 | €317 | +€105 | +49.6% |
| Recurring financial income | 75 | €212 | €317 | +€105 | +49.6% |
| Financial charges | 65/66B | €1,341 | €1,997 | +€656 | +48.9% |
| Recurring financial charges | 65 | €1,341 | €1,997 | +€656 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €19,728 | €8,412 | -€11,316 | -57.4% |
| Income taxes | 67/77 | €5,197 | €3,415 | -€1,781 | -34.3% |
| Profit (loss) for the period | 9904 | €14,532 | €4,996 | -€9,535 | -65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,532 | €4,996 | -€9,535 | -65.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.