BENICO: 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.
BENICO
Largest movements
- Tangible fixed assets -€7,684
down €7,684 (-6.5%), from €118,661 to €110,977
- Other debts -€6,838
down €6,838 (-4.9%), from €140,333 to €133,494
- Other operating charges -€1,116
down €1,116 (-35.3%), from €3,161 to €2,045
- Gross operating margin +€1,040
up €1,040 (+13.3%), from €7,847 to €8,888
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,887 | €111,207 | -€7,679 | -6.5% |
| Fixed assets | 21/28 | €118,661 | €110,977 | -€7,684 | -6.5% |
| Tangible fixed assets | 22/27 | €118,661 | €110,977 | -€7,684 | -6.5% |
| Land and buildings | 22 | €118,661 | €110,977 | -€7,684 | -6.5% |
| Current assets | 29/58 | €225 | €230 | +€5 | +2.0% |
| Deferred charges and accrued income | 490/1 | €225 | €230 | +€5 | +2.0% |
| Total equity and liabilities | 10/49 | €118,887 | €111,207 | -€7,679 | -6.5% |
| Equity | 10/15 | -€21,446 | -€22,287 | -€841 | -3.9% |
| Contributions | 10/11 | €19,087 | €19,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,533 | -€41,374 | -€841 | -2.1% |
| Amounts payable | 17/49 | €140,333 | €133,494 | -€6,838 | -4.9% |
| Amounts payable within one year | 42/48 | €140,333 | €133,494 | -€6,838 | -4.9% |
| Other amounts payable | 47/48 | €140,333 | €133,494 | -€6,838 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,684 | €7,684 | = | 0.0% |
| Other operating charges | 640/8 | €3,161 | €2,045 | -€1,116 | -35.3% |
| Gross operating margin | 9900 | €7,847 | €8,888 | +€1,040 | +13.3% |
| Operating profit (loss) | 9901 | -€2,997 | -€841 | +€2,156 | +71.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,997 | -€841 | +€2,156 | +71.9% |
| Profit (loss) for the period | 9904 | -€2,997 | -€841 | +€2,156 | +71.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,997 | -€841 | +€2,156 | +71.9% |
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 28 September 2026 via checked.be.