BENGAL: what changed
BENGAL
Largest movements
- Cash -€92,734
down €92,734 (-32.9%), from €282,201 to €189,467
mainly Net result for the year (-€74,558) and Other debts (-€34,567)
- Tangible fixed assets -€14,892
down €14,892 (-4.6%), from €320,576 to €305,685
of which Land and buildings: -€14,221
- Reserves -€72,033
down €72,033 (-19.7%), from €365,378 to €293,345
- Other debts -€34,567
down €34,567 (-15.7%), from €220,423 to €185,857
- Depreciation -€12,010
down €12,010 (-44.6%), from €26,901 to €14,892
- Gross operating margin +€11,920
up €11,920 (+23.3%), from -€51,192 to -€39,272
- Financial income -€9,491
no longer reported in 2025 (was €9,491)
- Financial charges -€4,296
down €4,296 (-22.5%), from €19,106 to €14,810
- Other operating charges +€899
up €899 (+21.4%), from €4,205 to €5,104
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €611,410 | €507,421 | -€103,989 | -17.0% |
| Fixed assets | 21/28 | €320,576 | €305,685 | -€14,892 | -4.6% |
| Tangible fixed assets | 22/27 | €320,576 | €305,685 | -€14,892 | -4.6% |
| Land and buildings | 22 | €306,594 | €292,373 | -€14,221 | -4.6% |
| Furniture and vehicles | 24 | €13,983 | €13,312 | -€671 | -4.8% |
| Current assets | 29/58 | €290,833 | €201,736 | -€89,098 | -30.6% |
| Amounts receivable within one year | 40/41 | €8,633 | €12,269 | +€3,637 | +42.1% |
| Trade receivables | 40 | €8,333 | €11,969 | +€3,637 | +43.6% |
| Other amounts receivable | 41 | €300 | €300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €282,201 | €189,467 | -€92,734 | -32.9% |
| Total equity and liabilities | 10/49 | €611,410 | €507,421 | -€103,989 | -17.0% |
| Equity | 10/15 | €383,978 | €309,420 | -€74,558 | -19.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €365,378 | €293,345 | -€72,033 | -19.7% |
| Distributable reserves | 133 | €365,378 | €293,345 | -€72,033 | -19.7% |
| Profit (loss) carried forward | 14 | - | -€2,524 | -€2,524 | |
| Amounts payable | 17/49 | €227,432 | €198,000 | -€29,431 | -12.9% |
| Amounts payable within one year | 42/48 | €227,432 | €198,000 | -€29,431 | -12.9% |
| Trade debts | 44 | €376 | €2,055 | +€1,679 | +447% |
| Suppliers | 440/4 | €376 | €2,055 | +€1,679 | +447% |
| Taxes, remuneration and social security | 45 | €6,632 | €10,088 | +€3,456 | +52.1% |
| Taxes | 450/3 | €6,632 | €10,088 | +€3,456 | +52.1% |
| Other amounts payable | 47/48 | €220,423 | €185,857 | -€34,567 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,901 | €14,892 | -€12,010 | -44.6% |
| Other operating charges | 640/8 | €4,205 | €5,104 | +€899 | +21.4% |
| Gross operating margin | 9900 | -€51,192 | -€39,272 | +€11,920 | +23.3% |
| Operating profit (loss) | 9901 | -€82,299 | -€59,268 | +€23,031 | +28.0% |
| Financial income | 75/76B | €9,491 | - | -€9,491 | |
| Recurring financial income | 75 | €9,491 | - | -€9,491 | |
| Financial charges | 65/66B | €19,106 | €14,810 | -€4,296 | -22.5% |
| Recurring financial charges | 65 | €19,106 | €14,810 | -€4,296 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€91,913 | -€74,078 | +€17,836 | +19.4% |
| Income taxes | 67/77 | €483 | €480 | -€3 | -0.6% |
| Profit (loss) for the period | 9904 | -€92,396 | -€74,558 | +€17,839 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,396 | -€74,558 | +€17,839 | +19.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.