Benfor: 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.
Benfor
Largest movements
- Cash -€7,910
down €7,910 (-48.5%), from €16,303 to €8,393
mainly Net result for the year (-€16,268) and Receivables within one year (-€5,435)
- Receivables within one year +€5,435
up €5,435 (+117.0%), from €4,645 to €10,081
- Tangible fixed assets +€2,786
up €2,786 (+530.3%), from €525 to €3,312
of which Furniture and vehicles: +€1,634
- Deferred charges and accrued income -€747
down €747 (-42.2%), from €1,768 to €1,021
- Other debts +€19,297
up €19,297 (+3490.9%), from €553 to €19,850
- Profit (loss) carried forward -€16,268
down €16,268, from €9,772 to -€6,495
- Trade debts -€2,274
down €2,274 (-37.4%), from €6,087 to €3,813
- Tax, wage and social debts -€1,191
down €1,191 (-20.4%), from €5,830 to €4,639
- Financial charges +€31,142
up €31,142 (+1607.3%), from €1,938 to €33,079
- Taxes -€3,889
down €3,889 (-96.2%), from €4,042 to €154
- Gross operating margin +€2,296
up €2,296 (+13.9%), from €16,565 to €18,862
- Depreciation +€1,176
up €1,176 (+382.5%), from €308 to €1,484
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 | €23,242 | €22,806 | -€436 | -1.9% |
| Fixed assets | 21/28 | €525 | €3,312 | +€2,786 | +530.3% |
| Tangible fixed assets | 22/27 | €525 | €3,312 | +€2,786 | +530.3% |
| Plant, machinery and equipment | 23 | - | €1,152 | +€1,152 | |
| Furniture and vehicles | 24 | €525 | €2,160 | +€1,634 | +311.0% |
| Current assets | 29/58 | €22,717 | €19,495 | -€3,222 | -14.2% |
| Amounts receivable within one year | 40/41 | €4,645 | €10,081 | +€5,435 | +117.0% |
| Trade receivables | 40 | €4,645 | €10,081 | +€5,435 | +117.0% |
| Cash at bank and in hand | 54/58 | €16,303 | €8,393 | -€7,910 | -48.5% |
| Deferred charges and accrued income | 490/1 | €1,768 | €1,021 | -€747 | -42.2% |
| Total equity and liabilities | 10/49 | €23,242 | €22,806 | -€436 | -1.9% |
| Equity | 10/15 | €10,772 | -€5,495 | -€16,268 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,772 | -€6,495 | -€16,268 | |
| Amounts payable | 17/49 | €12,470 | €28,301 | +€15,832 | +127.0% |
| Amounts payable within one year | 42/48 | €12,470 | €28,301 | +€15,832 | +127.0% |
| Trade debts | 44 | €6,087 | €3,813 | -€2,274 | -37.4% |
| Suppliers | 440/4 | €6,087 | €3,813 | -€2,274 | -37.4% |
| Taxes, remuneration and social security | 45 | €5,830 | €4,639 | -€1,191 | -20.4% |
| Taxes | 450/3 | €5,830 | €4,639 | -€1,191 | -20.4% |
| Other amounts payable | 47/48 | €553 | €19,850 | +€19,297 | +3490.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €308 | €1,484 | +€1,176 | +382.5% |
| Other operating charges | 640/8 | €506 | €434 | -€71 | -14.1% |
| Gross operating margin | 9900 | €16,565 | €18,862 | +€2,296 | +13.9% |
| Operating profit (loss) | 9901 | €15,752 | €16,943 | +€1,191 | +7.6% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €1,938 | €33,079 | +€31,142 | +1607.3% |
| Recurring financial charges | 65 | €1,938 | €33,079 | +€31,142 | +1607.3% |
| Profit (loss) for the period before taxes | 9903 | €13,815 | -€16,114 | -€29,929 | |
| Income taxes | 67/77 | €4,042 | €154 | -€3,889 | -96.2% |
| Profit (loss) for the period | 9904 | €9,772 | -€16,268 | -€26,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,772 | -€16,268 | -€26,040 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.