BENETRANS: 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.
BENETRANS
Largest movements
- Tangible fixed assets +€320,112
up €320,112 (+459.2%), from €69,708 to €389,820
of which Assets under construction and advance payments: +€260,000
- Receivables within one year +€96,517
up €96,517 (+102.8%), from €93,849 to €190,366
of which Other amounts receivable: +€63,039
- Cash +€61,740
up €61,740 (+52.2%), from €118,327 to €180,067
mainly Debts after one year (+€303,137) and Net result for the year (+€53,704)
- Debts after one year +€303,137
up €303,137 (+1423.1%), from €21,301 to €324,438
- Reserves +€53,704
up €53,704 (+125.6%), from €42,757 to €96,461
- Other debts +€49,600
new in 2025: €49,600
- Current portion of long-term debt +€30,333
up €30,333 (+215.8%), from €14,056 to €44,389
- Trade debts +€27,345
up €27,345 (+30.2%), from €90,636 to €117,980
- Gross operating margin +€81,992
up €81,992 (+43.6%), from €188,132 to €270,125
- Taxes +€13,075
up €13,075 (+230.3%), from €5,677 to €18,752
- Staff costs +€11,525
up €11,525 (+7.8%), from €148,421 to €159,946
- Depreciation +€5,122
up €5,122 (+18.4%), from €27,888 to €33,010
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 | €283,315 | €761,965 | +€478,650 | +168.9% |
| Fixed assets | 21/28 | €69,708 | €389,820 | +€320,112 | +459.2% |
| Tangible fixed assets | 22/27 | €69,708 | €389,820 | +€320,112 | +459.2% |
| Land and buildings | 22 | - | €88,000 | +€88,000 | |
| Furniture and vehicles | 24 | €69,708 | €41,820 | -€27,888 | -40.0% |
| Assets under construction and advance payments | 27 | - | €260,000 | +€260,000 | |
| Current assets | 29/58 | €213,607 | €372,145 | +€158,538 | +74.2% |
| Amounts receivable within one year | 40/41 | €93,849 | €190,366 | +€96,517 | +102.8% |
| Trade receivables | 40 | €78,704 | €112,182 | +€33,478 | +42.5% |
| Other amounts receivable | 41 | €15,145 | €78,184 | +€63,039 | +416.2% |
| Cash at bank and in hand | 54/58 | €118,327 | €180,067 | +€61,740 | +52.2% |
| Deferred charges and accrued income | 490/1 | €1,431 | €1,712 | +€281 | +19.7% |
| Total equity and liabilities | 10/49 | €283,315 | €761,965 | +€478,650 | +168.9% |
| Equity | 10/15 | €141,421 | €195,125 | +€53,704 | +38.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €42,757 | €96,461 | +€53,704 | +125.6% |
| Distributable reserves | 133 | €42,757 | €96,461 | +€53,704 | +125.6% |
| Profit (loss) carried forward | 14 | €78,664 | €78,664 | = | 0.0% |
| Amounts payable | 17/49 | €141,894 | €566,840 | +€424,946 | +299.5% |
| Amounts payable after more than one year | 17 | €21,301 | €324,438 | +€303,137 | +1423.1% |
| Financial debts | 170/4 | €21,301 | €324,438 | +€303,137 | +1423.1% |
| Amounts payable within one year | 42/48 | €120,593 | €242,361 | +€121,768 | +101.0% |
| Current portion of amounts payable after more than one year | 42 | €14,056 | €44,389 | +€30,333 | +215.8% |
| Trade debts | 44 | €90,636 | €117,980 | +€27,345 | +30.2% |
| Suppliers | 440/4 | €90,636 | €117,980 | +€27,345 | +30.2% |
| Taxes, remuneration and social security | 45 | €15,901 | €30,391 | +€14,490 | +91.1% |
| Taxes | 450/3 | €4,532 | €13,875 | +€9,342 | +206.1% |
| Remuneration and social security | 454/9 | €11,369 | €16,517 | +€5,148 | +45.3% |
| Other amounts payable | 47/48 | - | €49,600 | +€49,600 | |
| Accrued charges and deferred income | 492/3 | - | €42 | +€42 | |
| Remuneration, social security and pensions | 62 | €148,421 | €159,946 | +€11,525 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,888 | €33,010 | +€5,122 | +18.4% |
| Other operating charges | 640/8 | €1,851 | €1,768 | -€83 | -4.5% |
| Gross operating margin | 9900 | €188,132 | €270,125 | +€81,992 | +43.6% |
| Operating profit (loss) | 9901 | €9,972 | €75,400 | +€65,428 | +656.1% |
| Financial income | 75/76B | €50 | €269 | +€219 | +440.5% |
| Recurring financial income | 75 | €50 | €269 | +€219 | +440.5% |
| Financial charges | 65/66B | €983 | €3,213 | +€2,230 | +226.8% |
| Recurring financial charges | 65 | €983 | €3,213 | +€2,230 | +226.8% |
| Profit (loss) for the period before taxes | 9903 | €9,039 | €72,456 | +€63,418 | +701.6% |
| Income taxes | 67/77 | €5,677 | €18,752 | +€13,075 | +230.3% |
| Profit (loss) for the period | 9904 | €3,361 | €53,704 | +€50,343 | +1497.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,361 | €53,704 | +€50,343 | +1497.8% |
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 10 October 2026 via checked.be.