BENFA: 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.
BENFA
Largest movements
- Cash +€21,995
up €21,995 (+122.6%), from €17,936 to €39,931
mainly Net result for the year (+€14,335) and Other debts (+€11,231)
- Tangible fixed assets +€21,086
up €21,086 (+123.6%), from €17,063 to €38,150
of which Furniture and vehicles: +€20,134
- Receivables within one year -€10,633
down €10,633 (-40.4%), from €26,327 to €15,694
of which Other amounts receivable: -€11,304
- Other debts +€11,231
up €11,231 (+32.1%), from €35,000 to €46,231
- Debts after one year +€8,194
new in 2025: €8,194
- Current portion of long-term debt +€7,806
new in 2025: €7,806
- Provisions +€6,227
up €6,227 (+26.4%), from €23,593 to €29,820
- Trade debts -€1,140
down €1,140 (-58.9%), from €1,934 to €794
- Provisions -€17,366
down €17,366 (-73.6%), from €23,593 to €6,227
- Depreciation -€3,189
down €3,189 (-62.2%), from €5,128 to €1,940
- Financial charges -€1,500
down €1,500 (-5.7%), from €26,536 to €25,036
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 | €64,010 | €96,657 | +€32,648 | +51.0% |
| Fixed assets | 21/28 | €17,063 | €38,150 | +€21,086 | +123.6% |
| Tangible fixed assets | 22/27 | €17,063 | €38,150 | +€21,086 | +123.6% |
| Plant, machinery and equipment | 23 | €1,279 | €2,231 | +€952 | +74.4% |
| Furniture and vehicles | 24 | €15,784 | €35,919 | +€20,134 | +127.6% |
| Current assets | 29/58 | €46,946 | €58,507 | +€11,561 | +24.6% |
| Amounts receivable within one year | 40/41 | €26,327 | €15,694 | -€10,633 | -40.4% |
| Trade receivables | 40 | €10,729 | €11,400 | +€671 | +6.3% |
| Other amounts receivable | 41 | €15,598 | €4,294 | -€11,304 | -72.5% |
| Cash at bank and in hand | 54/58 | €17,936 | €39,931 | +€21,995 | +122.6% |
| Deferred charges and accrued income | 490/1 | €2,683 | €2,882 | +€200 | +7.4% |
| Total equity and liabilities | 10/49 | €64,010 | €96,657 | +€32,648 | +51.0% |
| Equity | 10/15 | €2,503 | €2,538 | +€35 | +1.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3 | €38 | +€35 | +1203.8% |
| Provisions and deferred taxes | 16 | €23,593 | €29,820 | +€6,227 | +26.4% |
| Provisions for liabilities and charges | 160/5 | €23,593 | €29,820 | +€6,227 | +26.4% |
| Other liabilities and charges | 164/5 | €23,593 | €29,820 | +€6,227 | +26.4% |
| Amounts payable | 17/49 | €37,914 | €64,299 | +€26,385 | +69.6% |
| Amounts payable after more than one year | 17 | - | €8,194 | +€8,194 | |
| Financial debts | 170/4 | - | €8,194 | +€8,194 | |
| Amounts payable within one year | 42/48 | €37,914 | €56,105 | +€18,191 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,806 | +€7,806 | |
| Trade debts | 44 | €1,934 | €794 | -€1,140 | -58.9% |
| Suppliers | 440/4 | €1,934 | €794 | -€1,140 | -58.9% |
| Taxes, remuneration and social security | 45 | €979 | €1,274 | +€294 | +30.0% |
| Taxes | 450/3 | €979 | €1,274 | +€294 | +30.0% |
| Other amounts payable | 47/48 | €35,000 | €46,231 | +€11,231 | +32.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,128 | €1,940 | -€3,189 | -62.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €23,593 | €6,227 | -€17,366 | -73.6% |
| Other operating charges | 640/8 | €2,006 | €2,082 | +€76 | +3.8% |
| Non-recurring operating charges | 66A | - | €2,984 | +€2,984 | |
| Gross operating margin | 9900 | €58,585 | €58,310 | -€275 | -0.5% |
| Operating profit (loss) | 9901 | €27,858 | €45,077 | +€17,219 | +61.8% |
| Financial income | 75/76B | €275 | €0 | -€275 | -100.0% |
| Recurring financial income | 75 | €275 | €0 | -€275 | -100.0% |
| Financial charges | 65/66B | €26,536 | €25,036 | -€1,500 | -5.7% |
| Recurring financial charges | 65 | €26,536 | €25,036 | -€1,500 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €1,597 | €20,041 | +€18,444 | +1155.0% |
| Income taxes | 67/77 | €5,464 | €5,706 | +€242 | +4.4% |
| Profit (loss) for the period | 9904 | -€3,867 | €14,335 | +€18,202 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,867 | €14,335 | +€18,202 |
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 10 October 2026 via checked.be.