BENFORCE: 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.
BENFORCE
Largest movements
- Tangible fixed assets -€8,225
down €8,225 (-26.3%), from €31,300 to €23,075
- Receivables within one year +€3,036
up €3,036 (+33.9%), from €8,959 to €11,996
of which Other amounts receivable: +€2,422
- Deferred charges and accrued income -€3,000
no longer reported in 2025 (was €3,000)
- Profit (loss) carried forward -€8,139
down €8,139 (-73.5%), from -€11,079 to -€19,218
- Tax, wage and social debts -€5,344
down €5,344 (-96.7%), from €5,526 to €182
- Current portion of long-term debt +€3,816
up €3,816 (+37.3%), from €10,233 to €14,049
- Debts after one year +€1,143
up €1,143 (+7.0%), from €16,367 to €17,510
- Trade debts +€774
up €774 (+135.5%), from €572 to €1,346
- Gross operating margin +€17,545
up €17,545 (+349.3%), from €5,023 to €22,567
- Financial charges +€458
up €458 (+18.4%), from €2,485 to €2,943
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 | €46,823 | €38,947 | -€7,875 | -16.8% |
| Fixed assets | 21/28 | €31,750 | €23,525 | -€8,225 | -25.9% |
| Tangible fixed assets | 22/27 | €31,300 | €23,075 | -€8,225 | -26.3% |
| Furniture and vehicles | 24 | €31,300 | €23,075 | -€8,225 | -26.3% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €15,072 | €15,422 | +€350 | +2.3% |
| Stocks and contracts in progress | 3 | €605 | €705 | +€100 | +16.5% |
| Stocks | 30/36 | €605 | €705 | +€100 | +16.5% |
| Amounts receivable within one year | 40/41 | €8,959 | €11,996 | +€3,036 | +33.9% |
| Trade receivables | 40 | €891 | €1,506 | +€615 | +69.0% |
| Other amounts receivable | 41 | €8,068 | €10,490 | +€2,422 | +30.0% |
| Current investments | 50/53 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €2,508 | €2,721 | +€213 | +8.5% |
| Deferred charges and accrued income | 490/1 | €3,000 | - | -€3,000 | |
| Total equity and liabilities | 10/49 | €46,823 | €38,947 | -€7,875 | -16.8% |
| Equity | 10/15 | €13,763 | €5,625 | -€8,139 | -59.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,842 | €19,842 | = | 0.0% |
| Distributable reserves | 133 | €19,842 | €19,842 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,079 | -€19,218 | -€8,139 | -73.5% |
| Amounts payable | 17/49 | €33,059 | €33,323 | +€263 | +0.8% |
| Amounts payable after more than one year | 17 | €16,367 | €17,510 | +€1,143 | +7.0% |
| Financial debts | 170/4 | €16,367 | €17,510 | +€1,143 | +7.0% |
| Amounts payable within one year | 42/48 | €16,331 | €15,577 | -€754 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €10,233 | €14,049 | +€3,816 | +37.3% |
| Trade debts | 44 | €572 | €1,346 | +€774 | +135.5% |
| Suppliers | 440/4 | €572 | €1,346 | +€774 | +135.5% |
| Taxes, remuneration and social security | 45 | €5,526 | €182 | -€5,344 | -96.7% |
| Taxes | 450/3 | €5,526 | €182 | -€5,344 | -96.7% |
| Accrued charges and deferred income | 492/3 | €362 | €235 | -€126 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,017 | €9,097 | +€79 | +0.9% |
| Other operating charges | 640/8 | €2,150 | €2,184 | +€33 | +1.6% |
| Non-recurring operating charges | 66A | €2,458 | €16,521 | +€14,063 | +572.1% |
| Gross operating margin | 9900 | €5,023 | €22,567 | +€17,545 | +349.3% |
| Operating profit (loss) | 9901 | -€8,603 | -€5,234 | +€3,369 | +39.2% |
| Financial income | 75/76B | €9 | €38 | +€29 | +324.2% |
| Recurring financial income | 75 | €9 | €38 | +€29 | +324.2% |
| Financial charges | 65/66B | €2,485 | €2,943 | +€458 | +18.4% |
| Recurring financial charges | 65 | €2,485 | €2,943 | +€458 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,079 | -€8,139 | +€2,940 | +26.5% |
| Profit (loss) for the period | 9904 | -€11,079 | -€8,139 | +€2,940 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,079 | -€8,139 | +€2,940 | +26.5% |
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 6 October 2026 via checked.be.