Benic: 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.
Benic
Largest movements
- Current investments +€96,071
up €96,071 (+83780.5%), from €115 to €96,186
- Stocks and contracts -€19,638
down €19,638 (-68.1%), from €28,846 to €9,208
- Receivables within one year +€8,968
up €8,968 (+9.8%), from €91,789 to €100,756
of which Trade receivables: +€12,118
- Profit (loss) carried forward +€105,174
up €105,174 (+36.7%), from -€286,298 to -€181,124
- Other debts -€22,167
down €22,167 (-9.1%), from €243,763 to €221,596
- Gross operating margin +€110,967
up €110,967 (+247.6%), from €44,809 to €155,776
- Other operating charges +€2,883
up €2,883 (+10.9%), from €26,429 to €29,313
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 | €611,550 | €695,598 | +€84,048 | +13.7% |
| Fixed assets | 21/28 | €488,369 | €483,028 | -€5,341 | -1.1% |
| Tangible fixed assets | 22/27 | €488,369 | €483,028 | -€5,341 | -1.1% |
| Land and buildings | 22 | €481,601 | €465,489 | -€16,112 | -3.3% |
| Other tangible fixed assets | 26 | €6,769 | €17,539 | +€10,771 | +159.1% |
| Current assets | 29/58 | €123,181 | €212,570 | +€89,389 | +72.6% |
| Stocks and contracts in progress | 3 | €28,846 | €9,208 | -€19,638 | -68.1% |
| Stocks | 30/36 | €28,846 | €9,208 | -€19,638 | -68.1% |
| Amounts receivable within one year | 40/41 | €91,789 | €100,756 | +€8,968 | +9.8% |
| Trade receivables | 40 | €62,528 | €74,646 | +€12,118 | +19.4% |
| Other amounts receivable | 41 | €29,261 | €26,111 | -€3,150 | -10.8% |
| Current investments | 50/53 | €115 | €96,186 | +€96,071 | +83780.5% |
| Cash at bank and in hand | 54/58 | €1,651 | €5,694 | +€4,043 | +244.9% |
| Deferred charges and accrued income | 490/1 | €780 | €726 | -€55 | -7.0% |
| Total equity and liabilities | 10/49 | €611,550 | €695,598 | +€84,048 | +13.7% |
| Equity | 10/15 | €363,607 | €468,781 | +€105,174 | +28.9% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €501,168 | €501,168 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €486,295 | €486,295 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€286,298 | -€181,124 | +€105,174 | +36.7% |
| Amounts payable | 17/49 | €247,944 | €226,817 | -€21,127 | -8.5% |
| Amounts payable within one year | 42/48 | €247,944 | €226,817 | -€21,127 | -8.5% |
| Trade debts | 44 | €4,181 | €5,100 | +€920 | +22.0% |
| Suppliers | 440/4 | €4,181 | €5,100 | +€920 | +22.0% |
| Taxes, remuneration and social security | 45 | - | €120 | +€120 | |
| Taxes | 450/3 | - | €120 | +€120 | |
| Other amounts payable | 47/48 | €243,763 | €221,596 | -€22,167 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,748 | €18,223 | +€475 | +2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,258 | €4,218 | -€1,040 | -19.8% |
| Other operating charges | 640/8 | €26,429 | €29,313 | +€2,883 | +10.9% |
| Gross operating margin | 9900 | €44,809 | €155,776 | +€110,967 | +247.6% |
| Operating profit (loss) | 9901 | -€4,626 | €104,023 | +€108,649 | |
| Financial income | 75/76B | €606 | €1,292 | +€685 | +113.0% |
| Recurring financial income | 75 | €606 | €1,292 | +€685 | +113.0% |
| Financial charges | 65/66B | €78 | €140 | +€63 | +80.9% |
| Recurring financial charges | 65 | €78 | €140 | +€63 | +80.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,097 | €105,174 | +€109,272 | |
| Profit (loss) for the period | 9904 | -€4,097 | €105,174 | +€109,272 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,097 | €105,174 | +€109,272 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.