BENIAMIN: 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.
BENIAMIN
Largest movements
- Stocks and contracts +€260,197
up €260,197 (+122.7%), from €212,000 to €472,197
- Tangible fixed assets -€13,166
down €13,166 (-35.8%), from €36,785 to €23,620
of which Furniture and vehicles: -€12,701
- Receivables within one year +€6,128
up €6,128 (+15.5%), from €39,515 to €45,643
of which Other amounts receivable: +€10,092
- Debts after one year +€174,000
up €174,000 (+84.5%), from €206,000 to €380,000
- Profit (loss) carried forward +€42,761
up €42,761 (+87.0%), from €49,162 to €91,923
- Tax, wage and social debts +€29,209
up €29,209 (+536.6%), from €5,443 to €34,652
of which Remuneration and social security: +€24,476
- Trade debts +€7,344
up €7,344 (+24.3%), from €30,280 to €37,624
- Gross operating margin +€6,670
up €6,670 (+9.5%), from €70,518 to €77,188
- Taxes +€5,228
new in 2025: €5,228
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 | €291,884 | €545,741 | +€253,857 | +87.0% |
| Fixed assets | 21/28 | €36,785 | €23,620 | -€13,166 | -35.8% |
| Tangible fixed assets | 22/27 | €36,785 | €23,620 | -€13,166 | -35.8% |
| Plant, machinery and equipment | 23 | €465 | - | -€465 | |
| Furniture and vehicles | 24 | €36,320 | €23,620 | -€12,701 | -35.0% |
| Current assets | 29/58 | €255,099 | €522,122 | +€267,022 | +104.7% |
| Stocks and contracts in progress | 3 | €212,000 | €472,197 | +€260,197 | +122.7% |
| Stocks | 30/36 | €212,000 | €472,197 | +€260,197 | +122.7% |
| Amounts receivable within one year | 40/41 | €39,515 | €45,643 | +€6,128 | +15.5% |
| Trade receivables | 40 | €38,121 | €34,158 | -€3,964 | -10.4% |
| Other amounts receivable | 41 | €1,393 | €11,485 | +€10,092 | +724.4% |
| Cash at bank and in hand | 54/58 | €3,585 | €3,592 | +€8 | +0.2% |
| Deferred charges and accrued income | 490/1 | - | €690 | +€690 | |
| Total equity and liabilities | 10/49 | €291,884 | €545,741 | +€253,857 | +87.0% |
| Equity | 10/15 | €50,162 | €92,923 | +€42,761 | +85.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,162 | €91,923 | +€42,761 | +87.0% |
| Amounts payable | 17/49 | €241,723 | €452,819 | +€211,096 | +87.3% |
| Amounts payable after more than one year | 17 | €206,000 | €380,000 | +€174,000 | +84.5% |
| Financial debts | 170/4 | €206,000 | €380,000 | +€174,000 | +84.5% |
| Amounts payable within one year | 42/48 | €35,723 | €72,819 | +€37,096 | +103.8% |
| Trade debts | 44 | €30,280 | €37,624 | +€7,344 | +24.3% |
| Suppliers | 440/4 | €30,280 | €37,624 | +€7,344 | +24.3% |
| Taxes, remuneration and social security | 45 | €5,443 | €34,652 | +€29,209 | +536.6% |
| Taxes | 450/3 | €5,443 | €10,176 | +€4,733 | +87.0% |
| Remuneration and social security | 454/9 | - | €24,476 | +€24,476 | |
| Other amounts payable | 47/48 | - | €543 | +€543 | |
| Remuneration, social security and pensions | 62 | - | €679 | +€679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,587 | €13,166 | -€421 | -3.1% |
| Other operating charges | 640/8 | €2,371 | €2,345 | -€26 | -1.1% |
| Gross operating margin | 9900 | €70,518 | €77,188 | +€6,670 | +9.5% |
| Operating profit (loss) | 9901 | €54,560 | €60,999 | +€6,439 | +11.8% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.6% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.6% |
| Financial charges | 65/66B | €13,050 | €13,010 | -€40 | -0.3% |
| Recurring financial charges | 65 | €13,050 | €13,010 | -€40 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €41,513 | €47,989 | +€6,476 | +15.6% |
| Income taxes | 67/77 | - | €5,228 | +€5,228 | |
| Profit (loss) for the period | 9904 | €41,513 | €42,761 | +€1,248 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,513 | €42,761 | +€1,248 | +3.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.